Global Cable Drive Actuator Industry

2025-2031 Global Cable Drive Actuator Industry Research & Trends Analysis Report

Global Cable Drive Actuator Industry

2025-2031 Global Cable Drive Actuator Industry Research & Trends Analysis Report

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According to Market IntelliX Study, the global market for Cable Drive Actuator should grow from US$ 1893 million in 2025 to US$ 2376 million by 2031, with a CAGR of 4.30% for the period of 2025 -2031.

Cable Drive Actuator Market Overview
Cable Drive Actuator refers to a mechanical motion control device that uses flexible cables (or wire ropes) to transmit force and motion from a motor or input source to a load or output mechanism. These actuators are commonly used in applications where remote, flexible, or non-linear motion transfer is required.

Key Insights & Strategic Takeaways Driving Market Outlook

(1) Global Cable Drive Actuator market size (sales volume & revenue), history data from 2020 - 2025, and forecast data from {2025 to 2031.

(2) Global Cable Drive Actuator market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(3) China Cable Drive Actuator market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(4) Global Cable Drive Actuator segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.

(5) Global Cable Drive Actuator segment by Type, and by Application, and regional segment by Type, and by Application.

(6) Global major production regions of Cable Drive Actuator , capacity, production and trends.

(7) Cable Drive Actuator industry supply chain, upstream, midstream, and downstream analysis.

In-Depth Assessment of Market Segmentation by Geographic Region

➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)

Segmentation by Product Type: Analytical Breakdown and Market Relevance
This section presents a comprehensive analysis of the market based on product type, highlighting segment-wise performance indicators, emerging trends, and their strategic implications within the overall industry landscape.
  • Industrial Automation
  • Medical Industry
  • Automotive Industry
  • Others

Market Segmentation by Application
Markets are categorized based on specific application areas, offering insight into usage trends and consumer preferences. This segmentation helps businesses tailor products, services, and strategies to align with diverse industry needs and customer demands.
  • Parallel Cable Drive
  • Series Single Cable Drive
  • Others

Market Segmentation by Key Players
This report examines the competitive landscape by categorizing market participants based on their roles, influence, and strategic positioning. Understanding player segmentation helps identify industry leaders, emerging competitors, and collaboration opportunities within the market.
  • Velan
  • Parker Hannifin
  • Festo
  • KUKA
  • Siemens
  • Bosch Rexroth
  • Schunk
  • Yaskawa
  • RS Components

1 Market Overview

1.1 Cable Drive Actuator Definition

1.2 Global Cable Drive Actuator Market Size and Forecast

1.2.1 By Revenue, Global Cable Drive Actuator Market Size, 2020-2031

1.2.2 By Sales Volume, Global Cable Drive Actuator Market Size, 2020-2031

1.2.3 Global Cable Drive Actuator Price Trend, 2020-2031

1.3 China Cable Drive Actuator Market Size and Forecast

1.3.1 By Revenue, China Cable Drive Actuator Market Size, 2020-2031

1.3.2 By Sales Volume, China Cable Drive Actuator Market Size, 2020-2031

1.3.3 China Cable Drive Actuator Price Trend, 2020-2031

1.4 China Percentage in Global Market

1.4.1 By Revenue, China Cable Drive Actuator Share in Global Market, 2020-2031

1.4.2 By Sales Volume, China Cable Drive Actuator Share in Global Market, 2020-2031

1.4.3 Cable Drive Actuator Market Size: China VS Global, 2020-2031

1.5 Cable Drive Actuator Market Dynamics

1.5.1 Cable Drive Actuator Market Drivers

1.5.2 Cable Drive Actuator Market Restraints

1.5.3 Cable Drive Actuator Industry Trends

1.5.4 Cable Drive Actuator Industry Policy

2 Global Competitive Landscape by Company

2.1 Global Cable Drive Actuator Revenue by Company, 2020-2025

2.2 Global Cable Drive Actuator Sales Volume by Company, 2020-2025

2.3 Global Cable Drive Actuator Price by Company, 2020-2025

2.4 Global Cable Drive Actuator Participants, Market Position (Tier 1, Tier 2, and Tier 3)

2.5 Global Cable Drive Actuator Concentration Ratio

2.6 Global Cable Drive Actuator Mergers & Acquisitions, Expansion Plans

2.7 Global Cable Drive Actuator Manufacturers Product Type

3 China Competitive Landscape by Company

3.1 China Cable Drive Actuator Revenue by Company, 2020-2025

3.2 China Cable Drive Actuator Sales Volume by Company, 2020-2025

3.3 China Cable Drive Actuator Cable Drive Actuator Participants, Market Position (Tier 1, Tier 2, and Tier 3)

3.4 China Cable Drive Actuator Market, Sales Percentage of Local Players VS Foreign Players (2020-2025)

3.5 Chinese Local Players, Cable Drive Actuator Domestic VS Export

3.6 China Market, Cable Drive Actuator Import & Export

3.6.1 China Market, Cable Drive Actuator Import & Export, 2020-2031

3.6.2 China Cable Drive Actuator Import & Export Trends

3.6.3 Main Sources of China Cable Drive Actuator Import

3.6.4 Export Destination of China Cable Drive Actuator

4 Cable Drive Actuator Production by Region

4.1 Global Cable Drive Actuator Capacity, Production and Capacity Utilization, 2020-2031

4.2 Global Geographic Distribution of Cable Drive Actuator Manufacturers

4.3 Global Major Manufacturers, Cable Drive Actuator Capacity Expansion and Future Plans

4.4 Global Cable Drive Actuator Capacity by Region

4.5 Global Cable Drive Actuator Production by Region

4.5.1 Global Cable Drive Actuator Production & Forecast by Region, 2020 VS 2024 VS 2031

4.5.2 Global Cable Drive Actuator Production by Region, 2020-2025

4.5.3 Global Cable Drive Actuator Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis

5.1 Cable Drive Actuator Industry Chain

5.2 Cable Drive Actuator Upstream Analysis

5.2.1 Cable Drive Actuator Core Raw Materials

5.2.2 Main Manufacturers of Cable Drive Actuator Core Raw Materials

5.3 Midstream Analysis

5.4 Downstream Analysis

5.5 Cable Drive Actuator Production Mode

5.6 Cable Drive Actuator Procurement Model

5.7 Cable Drive Actuator Industry Sales Model and Sales Channels

5.7.1 Cable Drive Actuator Sales Model

5.7.2 Cable Drive Actuator Typical Distributors

6 Sights by Product Type

6.1 Cable Drive Actuator Classification

6.1.1 Parallel Cable Drive

6.1.2 Series Single Cable Drive

6.1.3 Others

6.2 by Type, Global Cable Drive Actuator Market Size & CAGR, 2020 VS 2024 VS 2031

6.3 by Type, Global Cable Drive Actuator Revenue, 2020-2031

6.4 by Type, Global Cable Drive Actuator Sales Volume, 2020-2031

6.5 by Type, Global Cable Drive Actuator Price, 2020-2031

7 Sights by Application

7.1 Cable Drive Actuator Segment by Application

7.1.1 Industrial Automation

7.1.2 Medical Industry

7.1.3 Automotive Industry

7.1.4 Others

7.2 by Application, Global Cable Drive Actuator Market Size & CAGR, 2020 VS 2024 VS 2031

7.3 by Application, Global Cable Drive Actuator Revenue, 2020-2031

7.4 by Application, Global Cable Drive Actuator Sales Volume, 2020-2031

7.5 by Application, Global Cable Drive Actuator Price, 2020-2031

8 Sales Sights by Region

8.1 By Region, Global Cable Drive Actuator Market Size, 2020 VS 2024 VS 2031

8.2 By Region, Global Cable Drive Actuator Revenue, 2020-2031

8.3 By Region, Global Cable Drive Actuator Sales Volume, 2020-2031

8.4 North America

8.4.1 North America Cable Drive Actuator Market Size & Forecasts, 2020-2031

8.4.2 By Country, North America Cable Drive Actuator Market Size Market Share

8.5 Europe

8.5.1 Europe Cable Drive Actuator Market Size & Forecasts, 2020-2031

8.5.2 By Country, Europe Cable Drive Actuator Market Size Market Share

8.6 Asia Pacific

8.6.1 Asia Pacific Cable Drive Actuator Market Size & Forecasts, 2020-2031

8.6.2 By Country/Region, Asia Pacific Cable Drive Actuator Market Size Market Share

8.7 South America

8.7.1 South AmericaCable Drive Actuator Market Size & Forecasts, 2020-2031

8.7.2 By Country, South America Cable Drive Actuator Market Size Market Share

8.8 Middle East & Africa

9 Sales Sights by Country Level

9.1 By Country, Global Cable Drive Actuator Market Size & CAGR，2020 VS 2024 VS 2031

9.2 By Country, Global Cable Drive Actuator Revenue, 2020-2031

9.3 By Country, Global Cable Drive Actuator Sales Volume, 2020-2031

9.4 United States

9.4.1 United States Cable Drive Actuator Market Size, 2020-2031

9.4.2 By Company, United States Cable Drive Actuator Sales Volume Market Share, 2024

9.4.3 by Type, United States Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.4.4 by Application, United States Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.5 Europe

9.5.1 Europe Cable Drive Actuator Market Size, 2020-2031

9.5.2 By Company, Europe Cable Drive Actuator Sales Volume Market Share, 2024

9.5.3 by Type, Europe Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.5.4 by Application, Europe Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.6 China

9.6.1 China Cable Drive Actuator Market Size, 2020-2031

9.6.2 By Company, China Cable Drive Actuator Sales Volume Market Share, 2024

9.6.3 by Type, China Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.6.4 by Application, China Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.7 Japan

9.7.1 Japan Cable Drive Actuator Market Size, 2020-2031

9.7.2 By Company, Japan Cable Drive Actuator Market Share, 2024

9.7.3 by Type, Japan Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.7.4 by Application, Japan Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.8 South Korea

9.8.1 South Korea Cable Drive Actuator Market Size, 2020-2031

9.8.2 By Company, South Korea Cable Drive Actuator Market Share, 2024

9.8.3 by Type, South Korea Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.8.4 by Application, South Korea Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.9 Southeast Asia

9.9.1 Southeast Asia Cable Drive Actuator Market Size, 2020-2031

9.9.2 By Company, Southeast Asia Cable Drive Actuator Market Share, 2024

9.9.3 by Type, Southeast Asia Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.9.4 by Application, Southeast Asia Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.10 India

9.10.1 India Cable Drive Actuator Market Size, 2020-2031

9.10.2 By Company, India Cable Drive Actuator Market Share, 2024

9.10.3 by Type, India Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.10.4 by Application, India Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.11 Middle East & Africa

9.11.1 Middle East & Africa Cable Drive Actuator Market Size, 2020-2031

9.11.2 By Company, Middle East & Africa Cable Drive Actuator Market Share, 2024

9.11.3 by Type, Middle East & Africa Cable Drive Actuator Market Size, Share, 2024 VS 2031

9.11.4 by Application, Middle East & Africa Cable Drive Actuator Market Size, Share, 2024 VS 2031

10 Manufacturers Profile

10.1 Velan

10.1.1 Velan Company Information, Head Office, Market Area, and Industry Position

10.1.2 Velan Cable Drive Actuator Models, Specifications, and Application

10.1.3 Velan Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.1.4 Velan Company Profile and Main Business

10.1.5 Velan Recent Developments

10.2 Parker Hannifin

10.2.1 Parker Hannifin Company Information, Head Office, Market Area, and Industry Position

10.2.2 Parker Hannifin Cable Drive Actuator Models, Specifications, and Application

10.2.3 Parker Hannifin Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.2.4 Parker Hannifin Company Profile and Main Business

10.2.5 Parker Hannifin Recent Developments

10.3 Festo

10.3.1 Festo Company Information, Head Office, Market Area, and Industry Position

10.3.2 Festo Cable Drive Actuator Models, Specifications, and Application

10.3.3 Festo Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.3.4 Festo Company Profile and Main Business

10.3.5 Festo Recent Developments

10.4 KUKA

10.4.1 KUKA Company Information, Head Office, Market Area, and Industry Position

10.4.2 KUKA Cable Drive Actuator Models, Specifications, and Application

10.4.3 KUKA Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.4.4 KUKA Company Profile and Main Business

10.4.5 KUKA Recent Developments

10.5 Siemens

10.5.1 Siemens Company Information, Head Office, Market Area, and Industry Position

10.5.2 Siemens Cable Drive Actuator Models, Specifications, and Application

10.5.3 Siemens Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.5.4 Siemens Company Profile and Main Business

10.5.5 Siemens Recent Developments

10.6 Bosch Rexroth

10.6.1 Bosch Rexroth Company Information, Head Office, Market Area, and Industry Position

10.6.2 Bosch Rexroth Cable Drive Actuator Models, Specifications, and Application

10.6.3 Bosch Rexroth Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.6.4 Bosch Rexroth Company Profile and Main Business

10.6.5 Bosch Rexroth Recent Developments

10.7 Schunk

10.7.1 Schunk Company Information, Head Office, Market Area, and Industry Position

10.7.2 Schunk Cable Drive Actuator Models, Specifications, and Application

10.7.3 Schunk Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.7.4 Schunk Company Profile and Main Business

10.7.5 Schunk Recent Developments

10.8 Yaskawa

10.8.1 Yaskawa Company Information, Head Office, Market Area, and Industry Position

10.8.2 Yaskawa Cable Drive Actuator Models, Specifications, and Application

10.8.3 Yaskawa Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.8.4 Yaskawa Company Profile and Main Business

10.8.5 Yaskawa Recent Developments

10.9 RS Components

10.9.1 RS Components Company Information, Head Office, Market Area, and Industry Position

10.9.2 RS Components Cable Drive Actuator Models, Specifications, and Application

10.9.3 RS Components Cable Drive Actuator Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.9.4 RS Components Company Profile and Main Business

10.9.5 RS Components Recent Developments

11 Conclusion

12 Appendix

12.1 Research Methodology

12.2 Data Source

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Market Estimation Model

12.4 Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Cable Drive Actuator Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Cable Drive Actuator Market trending toward high growth trajectories?
A dynamic process in the Cable Drive Actuator Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Velan Parker Hannifin Festo KUKA Siemens Bosch Rexroth Schunk Yaskawa RS Components.
How competitive is the Cable Drive Actuator Market going to be?
The strategic moves of the Cable Drive Actuator Market players such as Velan Parker Hannifin Festo KUKA Siemens Bosch Rexroth Schunk Yaskawa RS Components, and others clearly highlight consumer-centric strategies that use technology to improve customer experience.
What important business segments are segregated by application types in the latest edition of the Cable Drive Actuator Market?
The key business segments in the Cable Drive Actuator Market are segregated by applications [Parallel Cable Drive Series Single Cable Drive Others] and types [Industrial Automation Medical Industry Automotive Industry Others].
What is the forecasted growth rate of the Cable Drive Actuator Market?
The Cable Drive Actuator Market is expected to grow at a moderate CAGR during the forecast period of 2025 to 2030.
What does the future hold for the Cable Drive Actuator Market?
As the shift to value addition continues, companies in the Cable Drive Actuator Market face the dual challenge of improving interoperability to optimize performance and experience.
What are the top priorities for the growth of the Cable Drive Actuator Market?
In this highly competitive and rapidly evolving Cable Drive Actuator Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.