Actuators Market Overviews The Actuators Market size was valued at US$ 46.86 Bn. in 2023. The global Actuators Market is estimated to grow at a CAGR of 9.81 % over the forecast period. An actuator is a component of a device or machine that converts energy (usually electrical, air, or hydraulic) into mechanical force to allow it to perform physical movements. Simply put, it...