Linear Actuator Market Projected to Reach $31.2 Billion By 2032 | Allied Market Research
The global linear actuator market was valued at $17.4 billion in 2022, and is projected to reach $31.2 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032.
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A linear actuator is a device designed to create movement in a straight line. It operates through changing electricity, available in forms including electric, hydraulic, or pneumatic, into linear motion. This sort of motion is crucial for some obligations, which encompass pushing, pulling, lifting, and accurately positioning items.