According to Our latest research report on “Actuators and Valves Market ” highlights the substantial global expansion occurring within this sector. The report encompasses projections for the years leading up to 2031, accompanied by a comprehensive analysis of the market’s current size, prevailing trends, market share, and economic insights.
The global actuators & valves market is anticipated to register a CAGR of 6.3% to attain a market size of around $125 billion by 2022. Actuators & valves are used in various industries to regulate and direct the flow of fluids during various processes. A valve is a device that regulates or controls the flow of a fluid (gases, liquids, or slurries) by opening, closing, or partially blocking various tubes, whereas an actuator is responsible for moving or adjusting a valve. The valve regulates the rate of fluid flow as the position of valve plug or disk is changed by the force from the actuators. Actuators & valves are applicable in various end use industries such as water & wastewater treatment, food & beverage, oil & gas, refining, paper & pulp, mining, chemical, healthcare, marine, energy, and construction.
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Growth in water and wastewater treatment industry due to increase in demand for potable water, increase in safety measurements in industries, and the use of technological advanced processing methods are the key drivers for the growth of global actuators and valves market. However, assembly, start-up, and maintenance of actuators & valves require large space, which act as restraints for the market growth. The oil & gas industry is one of the major users of actuators & valves. The rise in exploration and production of oil & gas in Middle East and Asia-Pacific is expected to provide lucrative opportunity for the market.
The global actuators & valves market is segmented based on type, application, and geography. On the basis of type, the market is divided into actuators and valves. Actuators are further classified as electric actuators, mechanical actuators, pneumatic actuators, and hydraulic actuators; and valves are classified as quarter-turn valves, multi-turn valves, and control valves. By application, the market is categorized into oil & gas, paper & pulp, mining, water & waste water, food & beverages, energy & power, automotive, and others (chemical, iron & steel, and construction). Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Potential Benefits for Stakeholders
Comprehensive analysis of the current trends and future estimations in the global actuators & valves market is provided.
The report offers a competitive scenario of the market with growth trends, structure, drivers, scope, opportunities, and challenges.
It includes a detailed analysis of the key segments to provide insights on market dynamics.
Porter’s Five Forces analysis highlights the potential of buyers and suppliers as well as the competitive structure of the market to devise effective growth strategies and facilitate better decision-making.
Value chain analysis provides key inputs on the role of stakeholders involved at various stages.
Key Players
Honeywell International Inc.
Emerson Electric Co.
Flowserve Corporation
Pentair Plc.
General Electric
Rotork
Siemens AG
Burkert GmbH & Co. KG
Schlumberger Limited
Watts Water Technologies, Inc.
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Other players in the value chain include (profiles not included in the report):
AVK Holding A/S
Crane Co.
KSB Group
Weir Group PLC.
Velan Inc.
Valvitalia Group S.p.A
MARKET SEGMENTATION
The global actuators and valves market is segmented on the basis of type, application, and geography.
By Type
Actuators
Electric Actuators
Mechanical Actuators
Pneumatic Actuators
Hydraulic Actuators
Valves
Quarter-Turn Valves
Ball Valve
Butterfly Valve
Plug Valve
Spherical Valve
Multi-Turn Valves
Gate Valve
Globe Valve
Fixed Cone Valve
Needle Valve
Pinch Valve
Control Valves
Pneumatic Control Valve
Hydraulic Control Valve
Electric Control Valve
By Application
Oil & Gas
Paper & Pulp
Mining
Water & Wastewater
Food & Beverages
Energy & Power
Automotive
Others (Chemical, Iron & Steel, and Construction)
By Geography
North America
U.S.
Mexico
Canada
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions the Report Discusses
- What essential elements emerged from both primary and secondary research?
- What will the market’s future potential be?
- Who examines the market report’s complete outcome?
- What obstacles and problems face the growth of an industry?
- What does supply chain analysis for products and market size, share mean?
- Which of the possible manufacturers is still operating in the market?
- What are the advantages, benefits, and applications of the product’s features?
- What are the main trends and influencing factors?
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