Press release
Actuators & Valves Market 2020 - 2030: Products Launches and Business Strategies from Honeywell International Inc, Emerson Electric Co., Flowserve Corporation, Pentair Plc., General Electric, Rotork, Siemens AG, Christian Brkert, Schlumberger, and Watts W
Actuators & Valves Market
The global actuators & valves market is expected to proliferate with the increase in water & wastewater treatment industry. Actuators & valves are used in fluid processing industry applications. Moreover, technological developments and rise in awareness about the benefits of actuators & valves fuel their adoption in industries such as mining, automotive, energy & power, construction, and others.
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Key Benefits:
The study provides an in-depth analysis of the global valves & actuators market to elucidate the prominent investment pockets in the market.
o Current trends and future estimations are outlined to determine the overall market scenario.
o The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
o Geographically, the market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
o Analysis of value chain is conducted to better understand the role of intermediaries.
The global actuators & valves market is segmented on the basis of type, application, and geography.
By actuator type, electric actuators dominate the overall market due to high-precision control positioning. Moreover, by valves type, quarter-turn valves contribute maximum share in revenue generation. Among various applications, oil & gas segment dominated the global market due to need of remotely or automatically opening or closing of valves for emergency shutdown of oil & gas flow, protecting equipment, and personnel from over-pressurization.
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A new report published by Allied Market Research, projects that the global actuators & valves market is expected to reach $125 billion with a CAGR of 6.3% by 2022. In 2019, North America dominated the market and contributed more than 32% share of the overall market revenue, followed by Europe.
The presence of key market players in the U.S. & Europe, rapid industrialization in manufacturing sectors, rise in demand for enhanced safety & monitoring systems, increased application of actuators & valves in automotive and paper & pulp industry, increase in government regulations for manufacturing industries have fueled the actuators & valves market growth. However, high cost and limited accuracy in harsh conditions are expected to restrict the market growth.
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Actuators and Valves Market key Segmentation:
The global actuators and valves market is segmented on the basis of type, application, and geography.
By Type
o Actuators
o Electric Actuators
o Mechanical Actuators
o Pneumatic Actuators
o Hydraulic Actuators
o Valves
o Quarter-Turn Valves
? Ball Valve
? Butterfly Valve
? Plug Valve
? Spherical Valve
o Multi-Turn Valves
? Gate Valve
? Globe Valve
? Fixed Cone Valve
? Needle Valve
? Pinch Valve
o Control Valves
? Pneumatic Control Valve
? Hydraulic Control Valve
? Electric Control Valve
By Application
o Oil & Gas
o Paper & Pulp
o Mining
o Water & Wastewater
o Food & Beverages
o Energy & Power
o Automotive
o Others (Chemical, Iron & Steel, and Construction)
By Geography
o North America
o U.S.
o Mexico
o Canada
o Europe
o UK
o Germany
o France
o Rest of Europe
o Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Africa
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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