Press release
Global Digital Valve Positioner Market Professional Survey Report 2018
Digital positioners came on the scene about 20 years ago, but they only really started gaining popularity recently as automation has started to take off in plants and along pipelines.
The main reason digital positioners are popular is that they can do much more than just control the position of the valve. The newest positioners on the market can also collect data about the valve to automatically alert users about how the valve and its assembly are performing, and even aid in diagnostics and maintenance.
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According to our research, the global Digital Valve Positioner markets has a total sales value of 1000.15 M USD back in 2012, and increased to 1273.51 M USD in 2017. We made a series of functional calculation and deduced the past 5 year’s data with scientific model.
Europe was the largest revenue market with a market share of 29.37% in 2012 and 27.59% in 2017 with a decrease of 1.78%. Asia Pacific ranked the second market with the market share of 25.71% in 2016. Also, the Asia Pacific market for Digital Valve Positioner is expected to be the market with the most promising growth rate. Rising per capita income of people in emerging economies such as China, India, Philippines, Thailand, and Vietnam has led to an increase in demand.
Digital Valve Positioner companies are mainly from Europe and United States, the industry concentrate rate is low. The top three companies are Emerson, Flowserve, Metso, with the revenue market share of 28.62%, 8.67% and 7.53% in 2016.
Although sales of Digital Valve Positioner brought some opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Digital Valve Positioner field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.
The global Digital Valve Positioner market is valued at 1280 million US$ in 2017 and will reach 1920 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2018-2025.
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The major manufacturers covered in this report
Emerson
Flowserve
Metso
General Electric
Siemens
ABB
SAMSON AG
Rotork
Azbil
Bürkert
Schneider Electric
GEMU
Yokogawa
Nihon KOSO
Chongqing Chuanyi Automation
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Single Acting Positioner
Double Acting Positioner
Others
By Application, the market can be split into
Oil and Gas
Chemical
Pharmaceutical Manufacturing
Others
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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