Investment Opportunities in Actuators Device Industry
The global actuators device market is forecast to expand at a CAGR of 7% and thereby increase from a value of US$ 67.7 Bn in 2024, to US$ 102.8 Bn by the end of 2031. This growth is largely attributed to the increased adoption of automation across industries, technological advancements in actuators, and the rising need for energy-efficient and sustainable solutions.