Report Description Table of Contents 1. Introduction and Strategic Context The Global Robotic Automation Actuator Market is projected to grow at an inferred CAGR of 8.6% , estimated at around USD 16.8 billion in 2024 , and expected to reach USD 27.6 billion by 2030 , according to Strategic Market Research. Robotic automation actuators are the mechanical heart of automated systems — converting control signals into precise physical movements. Whether in a surgical robot, a factory assembly line, or a deep-sea inspection drone, actuators determine the speed, accuracy, and efficiency of tasks. Between 2024 and 2030, demand is being propelled by a convergence of industrial automation, AI-driven robotics, and miniaturized actuator technologies. Industrial manufacturing remains the largest adopter, with automotive and electronics factories driving high-volume purchases for assembly and material-handling robots. But the fastest-growing momentum is in precision service robotics — think warehouse fulfillment arms, surgical assistants, and mobile delivery robots. Actuator innovation here isn’t just about torque and speed; it’s about energy efficiency, durability, and seamless integration with smart control systems. The rise of collaborative robots (cobots) has added another layer of requirements. These actuators must combine high repeatability with safety features that prevent harm during human interaction — from built-in torque sensors to soft-force feedback systems. On the other end of the spectrum, heavy-duty actuators for mining or defense robotics are pushing power-density boundaries, enabling autonomous systems to operate in extreme environments. Policy and regulation are also shaping the market. In manufacturing hubs like Germany, Japan, and South Korea, national Industry 4.0 programs are funding actuator R&D, while in the U.S., robotics-related tax incentives are encouraging capital equipment upgrades. The sustainability push is influencing actuator material selection too — lighter alloys, composite housings, and low-maintenance sealing solutions are replacing older, heavier builds. Stakeholders in this market are diverse: OEMs are designing actuator platforms for both standard and custom robotic builds. Industrial automation integrators are demanding modular actuator kits for rapid deployment. Healthcare providers are investing in high-precision actuators for surgical robots. Defense agencies are funding actuators for autonomous ground and aerial vehicles. Investors are focusing on actuator startups that bridge cost-efficiency and high performance. To be candid, actuators have long been seen as a “component purchase” rather than a strategic investment. But as robots move from factory floors to everyday life, actuator performance is becoming a brand differentiator. A robot is only as good as the actuator that drives it — and in 2024, that’s a competitive truth no manufacturer can ignore. 2. Market Segmentation and Forecast Scope The robotic automation actuator market spans multiple product categories and application domains, each with distinct performance requirements, pricing dynamics, and adoption curves. Here’s how the market breaks down. By Actuator Type Electric Actuators – Dominating the market in 2024 with over 42% share, they’re the go-to choice for precision control, low maintenance, and easy integration with digital control systems. Widely used in electronics manufacturing, medical robotics, and lightweight cobots. Hydraulic Actuators – Preferred in high-force, heavy-load industrial robots such as those used in automotive stamping and aerospace assembly. Known for high power density but challenged by energy efficiency and maintenance demands. Pneumatic Actuators – Common in pick-and-place and light assembly applications, especially in cost-sensitive manufacturing environments. Their low upfront cost makes them attractive in food processing and packaging automation. Piezoelectric & Other Specialty Actuators – Niche segment gaining traction in micro-robotics, optics, and semiconductor handling where ultra-fine movement and zero backlash are critical. Insight: Electric actuators are projected to grow the fastest, fueled by the shift toward Industry 4.0-compatible systems and sustainability initiatives that favor low-energy solutions. By Application Industrial Robotics – Still the largest segment, covering welding, assembly, painting, and materials handling. Growth is steady, anchored by automotive and electronics production in Asia-Pacific. Service & Collaborative Robotics – Includes logistics robots, delivery bots, and warehouse automation arms. Strong growth due to e-commerce expansion and labor shortages in logistics. Medical Robotics – High-precision actuators for surgical arms, rehabilitation devices, and diagnostic automation systems. Expected to expand rapidly due to minimally invasive surgery trends. Defense & Security Robotics – Actuators for unmanned aerial vehicles (UAVs), ground robots, and bomb disposal units. Investment tied to geopolitical security priorities. Agricultural & Field Robotics – Weather-resistant actuators in autonomous tractors, crop monitoring drones, and harvesting machines. Adoption rising as agri-tech investment scales. Highlight: Service robotics is the fastest-growing application area, with double-digit growth projected as retail, hospitality, and healthcare integrate autonomous assistance. By End User Manufacturing Enterprises – Automotive, electronics, metals, and plastics processing plants. Healthcare Providers – Hospitals, surgical centers, rehabilitation clinics. Defense & Government Agencies – Military robotics programs, search & rescue units. Logistics & Retail Operators – Warehouses, fulfillment centers, in-store automation. Agriculture & Food Processing Firms – From field harvesting to automated packaging lines. By Region North America – Mature industrial automation ecosystem, strong defense robotics demand. Europe – Strong cobot adoption, Industry 4.0 incentives, sustainability-driven manufacturing. Asia Pacific – Largest production hub for actuators, fastest-growing demand in manufacturing and logistics. Latin America, Middle East & Africa (LAMEA) – Gradual uptake via targeted industrial projects, food processing automation, and resource extraction robotics. Scope Note: While this segmentation reflects the technical and operational view, it’s becoming increasingly commercial. Vendors are bundling actuators with integrated controllers, diagnostic software, and predictive maintenance packages — moving the product from a commodity part to a performance-critical solution. 3. Market Trends and Innovation Landscape The robotic automation actuator market is shifting from mechanical reliability to intelligent, connected performance. In other words, actuators are no longer just the “muscles” of a robot — they’re becoming smart, self-monitoring systems that work in sync with AI and digital twins. Smart Actuators with Embedded Sensors One of the most significant shifts is the integration of IoT-ready sensors directly into actuators. These sensors measure torque, temperature, vibration, and position in real time. This transforms maintenance from reactive to predictive. In factories, this means fewer unplanned downtimes, and in medical robotics, it means safer, more consistent performance during procedures. Miniaturization and High Power Density From surgical robots to electronics assembly arms, there’s a push for smaller actuators that still deliver high torque and speed. Advances in materials — such as carbon-fiber composites and high-strength aluminum alloys — are enabling actuators to shed weight while improving thermal performance. This benefits mobile robots where weight directly impacts battery life and mobility. Energy-Efficient Drive Systems As industries tighten sustainability goals, actuators are getting more efficient. Low-friction bearings, regenerative braking systems, and optimized gear ratios are cutting energy consumption by up to 20% in some designs. In high-volume manufacturing, this isn’t just an environmental win — it’s a cost-saving strategy that compounds over millions of cycles. Quiet, Low-Vibration Designs for Human-Centric Robotics In collaborative robots and service robots, noise and vibration matter. Customers now prefer actuators with precision gearing, harmonic drives, and dynamic balancing to deliver near-silent operation. This is particularly important in healthcare and hospitality environments, where a loud, jerky robot would disrupt workflows and customer experience. AI-Driven Motion Optimization Actuators are now being paired with AI algorithms that adapt motion profiles on the fly. For example, a warehouse robot can slow down when navigating tight spaces without sacrificing throughput, or a surgical actuator can adjust resistance based on tissue feedback. This “closed-loop intelligence” is becoming a competitive differentiator. Additive Manufacturing in Actuator Components 3D printing is starting to influence actuator design, particularly for custom housings and lightweight internal structures. This reduces production lead times and enables manufacturers to offer tailored actuators for niche robotics applications without the cost penalties of traditional machining. Cross-Industry Partnerships We’re seeing more collaborations between actuator OEMs, robotics integrators, and AI companies. For instance, some industrial automation firms are working with actuator manufacturers to pre-calibrate systems for specific robotic arms, cutting deployment times. In healthcare, actuator specialists are partnering with surgical robot developers to achieve millimeter-scale accuracy with force feedback. Bottom line: The innovation curve is steep — and the winners will be the companies that merge mechanical precision with digital intelligence. In 2024, an actuator that can “feel” and “think” is no longer science fiction — it’s a market reality. 4. Competitive Intelligence and Benchmarking The actuator landscape in robotic automation is fragmented but clearly stratified: a handful of global platforms anchor the high end, while specialist firms win on niche precision, speed, or price. Here’s how the leading names are positioning themselves — and where they’re vulnerable. Bosch Rexroth Plays the long game with a full-stack motion portfolio spanning electric, hydraulic, and linear modules. Their edge is platform breadth and lifecycle software — commissioning tools, diagnostics, and remote health. Pricing is premium, but they de-risk large deployments with global service coverage and standardized interfaces. Exposure to cyclical capital spending is a watch-out, yet their installed base in automotive and packaging keeps refresh cycles steady. For integrators, a single-vendor motion layer reduces project risk and time-to-ramp. Parker Hannifin A force in hydraulics and electro-mechanical actuation, Parker wins heavy-duty and harsh-environment builds. The strategy blends rugged hardware with application engineering — think mining trucks, foundries, and large presses. They’re pushing hybrid systems (electro-hydraulic) to cut energy draw without losing force density. The trade-off: heavier footprints and higher maintenance than all-electric rivals in light-duty automation. Festo Synonymous with pneumatics, now steadily expanding into electric actuators for high-mix, low-volume assembly. Differentiation comes from plug-and-play kits, integrated drives, and training content that cuts commissioning hours. Strong mid-market pricing keeps them sticky in electronics, pharma fill-finish, and food processing. The challenge is scaling torque for bigger robots without losing their cost/complexity advantage. SMC Corporation The volume leader in pneumatics leverages manufacturing scale to protect margins and lead times. They’re adding smart sensors and proportional control to elevate pneumatics from “on/off” to fine positioning. Cost leadership is clear; the gap is in ultra-precise, servo-class motion where electric rivals set the bar. Still, for pick-and-place and packaging, SMC remains the default bill-of-materials choice. Harmonic Drive A precision powerhouse for strain-wave gearing used in cobots, surgical devices, and semiconductor handling. The pitch is simple: ultra-low backlash, smooth motion, compact envelopes. Pricing is premium and supply can tighten during upcycles, but their performance in delicate, human-centric robots is hard to match. Expect continued wins wherever quiet, repeatable motion matters more than raw speed. Maxon Owns the micro-motion conversation: compact motors, gearheads, and controllers tuned for medical, aerospace, and mobile robotics. Strategy centers on customization — windings, gear ratios, and firmware tailored to customer duty cycles. It’s not a race-to-the-bottom player; instead, Maxon monetizes reliability where downtime is unacceptable. Scaling into heavier industrial cells remains a natural boundary. Kollmorgen A servo and drives specialist with strong co-engineering DNA. Differentiates via safety-rated motion, torque control, and application support for AGVs, cobots, and precision assembly. Globally present but especially strong in North America and Europe, they partner closely with integrators to compress design timelines. The risk: competing against vertically integrated giants that bundle more hardware for less. Benchmark takeaways Premium platforms ( Bosch Rexroth, Parker ) dominate complex, multi-axis cells and heavy-force jobs; they sell risk reduction and lifecycle value, not just hardware. Precision specialists ( Harmonic Drive, Maxon ) win where ergonomics, silence, and repeatability are non-negotiable — surgical, semiconductor, and cobot joints. Cost-and-speed players ( Festo, SMC ) capture high-volume automation with modular kits and easy commissioning; the upsell path is smarter pneumatics and compact electrics. Control-native vendors ( Kollmorgen ) carve space with safety motion and tight servo integration, appealing to AGV/AMR and cobot ecosystems. Bottom line: buyers are consolidating vendors around two anchors — a high-performance precision supplier and a cost-efficient volume supplier — then layering software to unify diagnostics and maintenance. The actuator that’s easiest to integrate and simplest to keep healthy usually wins the second order, too. 5. Regional Landscape and Adoption Outlook Adoption of robotic automation actuators is shaped by local manufacturing intensity, labor costs, energy prices, and incentives for digital transformation. The same actuator spec plays very differently across regions because duty cycles, maintenance practices, and safety codes aren’t uniform. Here’s the read on where demand concentrates and where white space remains. North America The U.S. remains a heavyweight for high-spec electric and servo actuators , led by automotive powertrain retooling, electronics assembly reshoring, and the expansion of warehouse automation. Integrators prioritize quick commissioning and safety-certified motion, so pre-engineered actuator kits with embedded drives and diagnostics see faster pull-through. Federal and state-level incentives supporting onshore manufacturing upgrades add tailwinds. Canada mirrors the trend in automotive and food processing, with a tilt toward hygienic-grade actuators. Expect sustained replacement demand as brownfield plants migrate from pneumatics to closed-loop electrics for energy and quality gains. Europe Europe leans into precision and sustainability. Germany, Italy, and the Nordics buy high- efficiency linear and rotary electric actuators with advanced encoder feedback to hit energy and quality targets under EU standards. Cobots are mainstream on small-batch lines, pushing actuators that deliver quiet operation and certified torque limiting. France and Spain show momentum in logistics automation supporting grocery and apparel e-commerce. Eastern Europe offers capacity for component manufacturing, but adoption skews toward cost-optimized builds. Tightening ESG rules will keep pushing all-electric motion and condition monitoring as the default specification. Asia Pacific APAC is the volume engine. China leads in installed base across industrial robotics and is scaling service logistics robots in 3PL hubs, which favors compact actuators with strong power density. Japan and South Korea demand ultra-reliable, low-backlash solutions for electronics and semiconductor equipment, where unplanned downtime is unacceptable. India is rapidly upgrading automotive, pharma packaging, and food lines, creating step-change demand for robust but affordable electric cylinders and smart pneumatics. Southeast Asia benefits from supply chain diversification; Vietnam and Thailand, in particular, are adopting mid-range actuators paired with simple digital controllers. Net-net, APAC is where scale meets cost discipline, so vendors that localize assembly and service win faster. Latin America Brazil and Mexico anchor demand, with automotive, metals, and consumer goods lines driving retrofits from basic pneumatics to servo-class electromechanical actuators on critical stations. Reliability under variable power quality and the need for straightforward maintenance shape specs. Budget remains a constraint, so modularity and upgrade paths are more persuasive than top-end features. The growth path is pragmatic: start with semi-closed loop upgrades, then layer sensing and analytics once uptime stabilizes. Middle East and Africa The Middle East sees targeted demand around logistics, building materials, and food processing, with the UAE and Saudi Arabia specifying actuators that can handle dust, heat, and long service intervals. In Africa, adoption is project-based and cost-sensitive. Packaging and beverage plants favor rugged pneumatics and entry electric actuators with minimal integration overhead. Suppliers that bundle training and spares support create the trust needed to expand footprints. What this means for go-to-market Product: Offer dual tracks. A premium line for Europe, Japan, and high-spec U.S. cells, and a value-engineered line for India, Southeast Asia, and Latin America. Service: Local parts depots plus remote diagnostics shorten mean time to repair, a decisive factor in APAC and the Americas. Pricing: Outcome-based or subscription maintenance models resonate in North America and Europe where uptime SLAs are enforced. In short, the regional play isn’t one-size-fits-all. Pair power density and precision for developed markets, then win emerging regions with durability, modularity, and fast service turnarounds. 6. End-User Dynamics and Use Case In the robotic automation actuator space, end users span from high-volume industrial manufacturing to precision medical robotics. Each buyer type has a different threshold for performance, price, and integration complexity — which shapes product positioning and sales cycles. The adoption story isn’t just about who buys actuators, but why they choose one architecture over another. Automotive OEMs and Tier-1 Suppliers These players are volume leaders. They deploy servo-electric actuators in welding cells, assembly lines, and end-of-line inspection systems. Reliability under 24/7 load, predictive maintenance capabilities, and ease of integration with PLC networks are non-negotiable. Given their large installed base, even a 2–3% improvement in cycle time or energy savings can justify a plant-wide retrofit. For them, an actuator is a throughput tool, not just a motion device. Electronics and Semiconductor Manufacturers Here, micron-level precision is the currency. Compact linear actuators with low backlash and thermal stability dominate pick-and-place, wafer handling, and high-speed inspection stations. Downtime costs are brutal — so these customers often demand redundant actuator assemblies or quick-swap designs. Vendors who bundle environmental control (anti-static, cleanroom-ready) gain a clear edge. Logistics and Warehousing Providers The e-commerce boom has turned fulfillment centers into one of the fastest-growing actuator consumers. Autonomous mobile robots (AMRs) and automated storage and retrieval systems (AS/RS) rely on lightweight, high-duty cycle actuators with minimal service needs. Cost per move and ease of remote monitoring are the key metrics here. Food, Beverage, and Pharma Producers Hygiene standards shift the spec sheet. Stainless steel and IP69K-rated actuators are essential in washdown environments. In pharma packaging, precision dosing and high-speed changeovers make electric cylinders attractive over pneumatics. The catch? Validation cycles are long, so suppliers must provide full documentation and lifecycle testing data. Specialty Robotics Integrators These smaller, high-value integrators work in defense robotics, medical devices, or research automation. They need actuators with both performance and configurability. This group is often the early adopter of emerging technologies like embedded sensors for load monitoring or digital twin-ready actuator modules. Use Case Highlight A European automotive plant was struggling with bottlenecks in a chassis assembly line, where pneumatic actuators were slowing the fastening process and requiring frequent maintenance. The engineering team partnered with an actuator vendor to trial servo-electric screwdriving actuators with integrated torque sensors. Within six months, cycle times improved by 11% , torque accuracy hit near-perfect levels, and unplanned downtime dropped by 40% . The ROI period? Just under 14 months — and the plant has since standardized the solution across three facilities. The lesson is simple: when the actuator is tied directly to production throughput, it’s not a “component” purchase — it’s a strategic investment. 7. Recent Developments + Opportunities & Restraints Recent Developments (Last 24 Months) Bosch Rexroth’s Smart Actuator Platform Launch (2024) – Introduced a new line of servo-electric actuators with embedded edge-computing capability for predictive maintenance. The system can stream torque, temperature, and vibration data directly to factory cloud dashboards. Festo & Siemens Partnership for Industry 4.0 Integration (2023) – Announced a collaboration to deliver actuator-drive packages preconfigured for Siemens’ automation software ecosystem, reducing commissioning time for OEMs by up to 30%. SMC Corporation’s AI-Enhanced Pneumatic Control Units (2024) – Rolled out pneumatic actuator systems with built-in AI algorithms to optimize air consumption, cutting energy use by 15% in packaging and light assembly applications. Harmonic Drive’s Ultra-Compact Strain Wave Gear (2023) – Launched a miniature high-torque gear system targeted at surgical and service robots, offering 20% higher torque density than the previous generation. Maxon’s Modular Actuator for Space Robotics (2024) – Released a radiation-resistant actuator module for orbital robotics and lunar surface rovers, highlighting cross-sector technology transfer from industrial automation to aerospace. Opportunities Surge in Collaborative Robot Adoption – Growth in human-robot interaction environments demands actuators with built-in safety features like torque sensing and soft-force control. This trend is particularly strong in electronics, food processing, and healthcare assembly lines. Electrification of Heavy-Duty Actuation – Shift from hydraulic to high-force electric actuators in mining, metals, and construction robotics creates a new market niche for ruggedized servo solutions. Emerging Market Expansion – Southeast Asia, India, and parts of Latin America are rapidly scaling industrial automation, creating demand for mid-tier actuators that balance cost with reliability. Restraints High Capital Costs for Premium Electric Systems – While total cost of ownership may be lower, upfront purchase prices still deter smaller manufacturers from upgrading from pneumatic systems. Skills Gap in Advanced Motion Control – In many markets, limited availability of trained maintenance technicians slows adoption of high-tech actuators with embedded sensing and analytics. Overall, the next two to three years will favor vendors who can balance sophistication with accessibility — making advanced actuator capabilities plug-and-play rather than engineer-intensive. 7.1. Report Coverage Table Report Attribute Details Forecast Period 2024 – 2030 Market Size Value in 2024 USD 16.8 Billion Revenue Forecast in 2030 USD 27.6 Billion Overall Growth Rate CAGR of 8.6% (2024 – 2030) Base Year for Estimation 2024 Historical Data 2019 – 2023 Unit USD Million, CAGR (2024 – 2030) Segmentation By Actuator Type, By Application, By End User, By Region By Actuator Type Electric Actuators, Hydraulic Actuators, Pneumatic Actuators, Piezoelectric & Specialty Actuators By Application Industrial Robotics, Service & Collaborative Robotics, Medical Robotics, Defense & Security Robotics, Agricultural & Field Robotics By End User Manufacturing Enterprises, Healthcare Providers, Defense & Government Agencies, Logistics & Retail Operators, Agriculture & Food Processing Firms By Region North America, Europe, Asia-Pacific, Latin America, Middle East & Africa Country Scope U.S., Canada, Germany, UK, France, China, Japan, India, Brazil, Mexico, UAE, South Africa Market Drivers • Growing adoption of collaborative robots in industrial and service sectors • Transition from hydraulic/pneumatic to electric actuators for energy efficiency • Rising investment in predictive maintenance and Industry 4.0 integration Customization Option Available upon request Frequently Asked Question About This Report How big is the robotic automation actuator market? The global robotic automation actuator market is valued at USD 16.8 billion in 2024. What is the CAGR for the forecast period? The market is expected to grow at a CAGR of 8.6% from 2024 to 2030. Who are the major players in this market? Leading players include Bosch Rexroth, Parker Hannifin, Festo, SMC Corporation, Harmonic Drive, Maxon, and Kollmorgen. Which region dominates the market share? Asia Pacific leads in market share due to its strong manufacturing base, growing logistics automation, and cost-efficient production ecosystem. What factors are driving this market? Growth is driven by expanding adoption of collaborative robots, electrification of heavy-duty actuation, and integration of smart sensors for predictive maintenance. Executive Summary Market Overview Market Attractiveness by Actuator Type, Application, End User, and Region Strategic Insights from Key Executives (CXO Perspective) Historical Market Size and Future Projections (2022–2032) Summary of Market Segmentation by Actuator Type, Application, End User, and Region Market Share Analysis Leading Players by Revenue and Market Share Market Share Analysis by Actuator Type, Application, and End User Investment Opportunities in the Robotic Automation Actuator Market Key Developments and Innovations Mergers, Acquisitions, and Strategic Partnerships High-Growth Segments for Investment Market Introduction Definition and Scope of the Study Market Structure and Key Findings Overview of Top Investment Pockets Research Methodology Research Process Overview Primary and Secondary Research Approaches Market Size Estimation and Forecasting Techniques Market Dynamics Key Market Drivers Challenges and Restraints Impacting Growth Emerging Opportunities for Stakeholders Impact of Technological, Regulatory, and Supply Chain Factors Global Robotic Automation Actuator Market Analysis Historical Market Size and Volume (2022–2032) Market Size and Volume Forecasts (2024–2032) By Actuator Type: Electric Actuators Hydraulic Actuators Pneumatic Actuators Piezoelectric & Specialty Actuators By Application: Industrial Robotics Service & Collaborative Robotics Medical Robotics Defense & Security Robotics Agricultural & Field Robotics By End User: Manufacturing Enterprises Healthcare Providers Defense & Government Agencies Logistics & Retail Operators Agriculture & Food Processing Firms By Region: North America Europe Asia-Pacific Latin America Middle East & Africa Regional Market Analysis North America Historical Market Size and Volume (2022–2032) Market Size and Volume Forecasts (2024–2032) Country-Level Breakdown: U.S., Canada, Mexico Europe Historical Market Size and Volume (2022–2032) Market Size and Volume Forecasts (2024–2032) Country-Level Breakdown: Germany, UK, France, Italy, Spain, Rest of Europe Asia-Pacific Historical Market Size and Volume (2022–2032) Market Size and Volume Forecasts (2024–2032) Country-Level Breakdown: China, India, Japan, South Korea, Rest of Asia-Pacific Latin America Historical Market Size and Volume (2022–2032) Market Size and Volume Forecasts (2024–2032) Country-Level Breakdown: Brazil, Argentina, Rest of Latin America Middle East & Africa Historical Market Size and Volume (2022–2032) Market Size and Volume Forecasts (2024–2032) Country-Level Breakdown: GCC Countries, South Africa, Rest of Middle East & Africa Key Players and Competitive Analysis Bosch Rexroth – Global Motion Platform Leader Parker Hannifin – Heavy-Duty Actuation Specialist Festo – Pneumatics and Plug-and-Play Electric Solutions SMC Corporation – Volume Pneumatics Leader with Smart Controls Harmonic Drive – Precision Gear Innovator Maxon – Custom Micro-Motion Solutions Kollmorgen – Safety-Certified Servo Motion Partner Appendix Abbreviations and Terminologies Used in the Report References and Sources List of Tables Market Size by Actuator Type, Application, End User, and Region (2024–2032) Regional Market Breakdown by Actuator Type and Application (2024–2032) List of Figures Market Dynamics: Drivers, Restraints, Opportunities, and Challenges Regional Market Snapshot for Key Regions Competitive Landscape and Market Share Analysis Growth Strategies Adopted by Key Players Market Share by Actuator Type, Application, and End User (2024 vs. 2032)