openPR Logo
Press release

Oil and Gas Actuators Market Segmentation By type Pneumatic actuators, Electrical actuators, Hydraulic actuators; By configuration Linear actuators, Rotary actuators; By operation Double acting, Spring return; By application Onshore, Offshore, Subsea; By

05-14-2019 07:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Oil and Gas Actuators Market Segmentation By type Pneumatic

Oil and Gas Actuators Market: Introduction

The global oil and gas actuators market is a matured market where innovations are limited; however, automation is the key factor that drives the growth of the global oil and gas actuators market. In addition to that, the developments in products such as electric actuators, and pneumatic actuator (quarter-turn rack & pinion) are keeping the oil and gas actuators market to have a positive growth trend.

The adoption of modern instrumentation solutions such as remote monitoring in oil and gas actuators is growing at a faster rate. Currently, electric actuators are replacing hydraulic actuators in the oil and gas industry as electric actuators are perfectly suited to move, regulate and control valves with better performance and low cost maintenance.

Customized and advanced actuators that guarantee process reliability even when operating in harsh climatic conditions and extreme temperatures impart a steady growth trend to the oil and gas actuators market. Oil and gas actuators play pivotal roles in refineries, depending on the level of automation deployed in them. In a refinery, storage and export operations have a high requirement for oil and gas actuators as multiple products need to be managed between tanks and loading facilities.

Request Free Sample Report@

Oil and Gas Actuators Market: Market Dynamics

The global oil and gas actuators market is driven by the shale gas production where the US, China, Canada and Argentina have deployed oil and gas actuators for natural gas production from tight oil. As oil and gas operators focusing towards shale gas production the adoption of oil and gas actuators will drive the sales among the manufacturers and suppliers.

Subsea electric actuators are gaining traction due to investments in offshore operations, which will support the oil and gas actuators market. In addition to this, customized oil and gas actuators or tailor-made solutions are experiencing a strong trend, which will pose major growth momentum in the forecast period. The adoption electro-hydraulic technology in the oil and gas actuators with extremely rugged design and construction to avoid airline problems in varying temperatures is keeping the global oil and gas actuators market to have a positive growth trend.

Oil and Gas Actuators Market: Segmentation

The global oil and gas actuators market can be segmented on the basis of type, configuration, operation, application and end use.

On the basis of type, the global oil and gas actuators market has been segmented into:

Pneumatic actuators
Electrical actuators
Hydraulic actuators
On the basis of configuration, the global oil and gas actuators market has been segmented into:

Linear actuators
Rotary actuators
On the basis of operation, the global oil and gas actuators market has been segmented into:

Double acting
Spring return
On the basis of application, the global oil and gas actuators market has been segmented into:

On the basis of end use, the global oil and gas actuators market has been segmented into:

Oil and Gas Actuators Market: Regional Outlook

North America, followed by Asia, is the leading consumer of oil and gas actuators. Production and pipeline operations are expected to witness robust growth as crude oil prices are recovering, which in turn is driving investments for new oil and gas operations. Greenfield and brownfield offshore operations, which were halted, are expected to gain momentum and thus, drive the adoption rate of oil and gas actuators.

Refining operations are gaining traction in countries such as China and India, which in turn will increase market opportunities for the sales of oil and gas actuators over the forecast period. Manufacturers from the U.S., Germany and the U.K. will concentrate their market scope towards these counties during the forecast period, which will drive the global oil and gas actuators market. Developing countries in Asia and Africa will pose a higher growth rate for the global oil and gas actuators market during the forecast period.

Oil and Gas Actuators Market: Market Participants

Some of the key market participants in the global oil and gas actuators market include,

AUMA Riester GmbH & Co. KG,
Bray International
Emerson Electric Co.
Agromatic Stellantriebe
Ametek Inc.
Zoedale Ltd.

Request/View TOC@

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR

Report Analysis@

About US
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Rohit Bhisey
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Oil and Gas Actuators Market Segmentation By type Pneumatic actuators, Electrical actuators, Hydraulic actuators; By configuration Linear actuators, Rotary actuators; By operation Double acting, Spring return; By application Onshore, Offshore, Subsea; By here

News-ID: 1737625 • Views: 389

More Releases from Fact.MR

Global Niobium Hydride Market Is Forecast To Grow To US$ 67 Million By 2032
The global niobium hydride market reached a valuation of US$ 38 million at the end of 2021 and is forecast to grow to US$ 67 million by 2032, expanding at a high CAGR of 5.4%. Stronger downstream demand, rising consumer spending, and increased business investments are likely to benefit niobium hydride suppliers. Despite an economic slowdown, the global hydrogen industry is poised to witness significant growth over the coming years. Ramped-up production
Surging Sales of Cost-Effective UAVs Positively Driving Anti-Drone Market, Revea …
As per the latest market analysis by Fact.MR, a market research and competitive intelligence provider, the global anti-drone market is expected to reach a valuation of US$ 7.4 billion by the end of 2032 while expanding at an impressive CAGR of 20.9% over the assessment period. Drone neutralization equipment promises notable growth and a dynamic shift in the anti-drone market. Moreover, the emergence of cost-effective and open-source UAVs with new advanced
Integration of Smart Sensors to Support Vacuum Pump Market Growth in United Stat …
The United States vacuum pump market is estimated at US$ 1.8 billion in 2022, and is predicted to register impressive growth at 6.6% CAGR through 2032. The market registered yearly growth at 4.7% during 2017-2021, as per detailed analysis by Fact.MR, a market research and competitive intelligence provider. Manufacturers of vacuum pumps are launching systems with smart sensors that allow for the recording and saving of operating data. These kinds of innovations are
Epilator Consumption Across The World Is Anticipated To Increase At A CAGR Of 5. …
The global epilators market stands at US$ 406.8 million in 2022 and is estimated to reach a market valuation of US$ 695 million by the end of 2032. Worldwide consumption of epilators is predicted to increase at a CAGR of 5.5% between 2022 and 2032. As aesthetic awareness among people increases, it is expected to drive demand for hair removal devices, since having smooth hairless skin is aseptically pleasing as per

All 5 Releases

More Releases for Oil

Base Oil Market
Base Oil Market Size Worth $ 48,347.04‬ Million By 2026 | CAGR: 1.2% The global Base Oil market size is expected to reach USD 48,347.04‬ million by 2026 according to a new study by WhipSmart MI Research. The report “Base Oil Market by Type (Group I, Group II, Group III, Group IV and Group V), by Application (Automotive Oil, Industrial Oil, Metalworking Fluid, Greases, Hydraulic Oil and Others) and By Regions,
Oil Refining Pumps Market |
The global demand for oil refining pumps is expected to surpass 3 million tons by 2018 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The oil supply has sharply increased from Russia, Middle East, and the US, compensating for fall in oil production in Iran and Venezuela. The demand for
Oil Sands - Thematic Research
Oil Sands - Thematic Research Summary Oil sands, an unconventional hydrocarbon resource, holds vast growth potential for crude oil production amid declining output from maturing conventional fields and slowing pace of new discoveries. The oil sands deposits in Alberta, which are among the world's largest hydrocarbon reserves, are playing an influential role in driving the oil and gas industry in Canada. Despite facing severe backlash from environmentalists around the world, there has
Gingelly oil Market The global Gingelly oil market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 20192025. This report focuses on Gingelly oil volume and value at global level, regional level and company level. From a global perspective, this report represents overall Gingelly oil market size by analyzing historical data and future prospect. Regionally, this report focuses on
Oil & Gas Explosion Lawyer
Concerns about gas and oil explosions and worker safety have been at the forefront of Oklahoma state officials’ minds as they continue to investigate a recent Pittsburg County explosion that left five workers dead and 17 with minor injuries. The explosion has shaken a state that is heavily invested in the fuel industry and has been said to be the worst incident of its kind since the Deepwater Horizon tragedy. Oklahoma
Global Base Oil Market 2016: by Application - Automotive Oil, Industrial Oil, Me …
Base oil is the name given to lubrication grade oils initially produced from refining crude oil (mineral base oil) or through chemical synthesis (synthetic base oil). Base oil have a high boiling point ranging between 550F to 1050F. Base oil can be either paraffinic or naphthenic in nature depending on the chemical structure of the molecules. Go For Sample Report @ Increasing usage of automotive oil for various lubricating applications in