Actuators Market Size, Share, Trend, Growth, Forecast & Industry Analysis (2022-2028)

Actuators Market is expected to grow from USD 53.7 Billion in 2021 to USD 93.61 Billion by 2028 at a CAGR of 8.21% during the forecast period of 2022-2028. Actuators are an eminent part of any machine on which the movement of the machine depends. It is also responsible for the controlling of a mechanism or a system, such as opening a valve. The actuator is also known as a mover and it needs an energy source and a control signal for its working.