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Reviews for Actuators-Market-Size--Segmentation-To-2020--Grand-View-Research--Inc-
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Date Created: 12/21/15
Grand View Research Market Research amp Consulting Growing Demand For Remote Monitoring To Drive The Actuators Market I f 94 M 1 ltquot 39 V I K x N Mm 39 f O r I O The actuators market is expected to witness considerable growth over the forecast period on account of rapid industrialization and urbanization Increased investments in new infrastructure coupled with an overhaul in the existing plants are expected to play a pivotal role in market growth Escalating population manufacturing plant automation need for extracting natural resources from challenging locations and technological development are key factors that are expected to propel market growth over the next six years For More Information on quot Actuators Market Research Reportsquot visit httpwwwgrandviewresearchcomindustrvanalvsisactuatorsmarket Grand View Research Market Research amp Consulting Several industries have stressed on enhancing safety increasing production precision and achieving greater efficiency by automating their operations Increased demand for remote monitoring is expected to spur the actuators market growth Actuators are used across several verticals including aerospace amp defense automotive marine amp mining and oil amp gas The oil amp gas industry constitutes a major market for actuators owing to their extensive use in numerous applications which include gas amp liquid pipelines gas storage and Liquefied Natural Gas LNG Suppliers face a considerable strain whilst meeting consumer requirements which may hinder industry growth over the forecast period Competitive pricing standards may have a bearing on the actuators market growth The advent of smart water management technology is expected to open up new avenues for the industry in developing markets Grand View Research Market Research amp Consulting Significant increase in oil exploration activities and refurbishment of existing facilities is expected to stimulate the use of actuators particularly in emerging markets such as Latin America and Africa North America is expected to emerge as a dominant regional market owing to increasing demand across defense and aerospace applications supplemented with the growing need for process automationKey industry players include Eaton Emerson Honeywell Rockwell Collins and Rotork Leading market players are expected to take recourse to mergers amp acquisitions in order to achieve market sustainability For instance the GTA Group a rack and pinion actuator manufacturer was acquired by Rotork in 2013 Grand View Research Market Research amp Consulting Request TOC of Actuators Market Research Reportsquot visit httpwwwgrandviewresearchcomindustrvanalvsisactuators marketrequesttoc About Grand View Research Grand View Research Inc is a US based market research and consulting company registered in the State of California and headquartered in San Francisco The company provides syndicated research reports customized research reports and consulting services To help clients make informed business decisions the company offers market intelligence studies ensuring relevant and fact based research across a range of industries including technology chemicals materials healthcare and energy Contact Sherry James Corporate Sales Specialist USA Grand View Research Inc United States Phone 1 415 349 0058 Toll Free 1 888 202 9519 Email sales grandviewresearchcom Website Grand View Research Blog Site httpmarketshareblogcom Grand View Research Market Research amp Consulting