Marine Actuators and Valves Market Size | COVID-19 Impact Analysis | Forecast to 2027

Amid the COVID-19 crisis, the global market for Marine Actuators and Valves estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2027, growing at a CAGR of 4.8% over the period 2020-2027. Actuators, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Valves segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

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Key Market Players

• Fluid Control Systems
• VK Holding A/S
• Emerson Electric Co.
• Flowserve Corporation
• Honeywell International Inc.
• KITZ Corporation
• Rotork Plc
• Schlumberger Limited
• AVK Holding A/S
• Flowserve Corporation

Market Segmentation

Based on Component:

• Actuators
• Valves

Based on Mechanism:

• Pneumatic
• Hydraulic
• Electric
• Mechanical
• Manual
• Hybrid

Based on Application:

• Ballast and Blige systems
• Fuel and Propulsion systems
• Liquid Cargo Systems
• Refrigeration Systems
• Heating, Ventilation and Air Conditioning (HVAC) systems
• Fire Fighting Systems
• Portable Water Systems
• Others

Based on End User:

• OEM
• Aftermarket

Based on Material:

• Aluminum
• Stainless Steel
• Alloy Based
• Others

Based on Design Characteristics

Valve, By size

• Up to 1”
• 1” to 4”
• 4” to ”6
• 6” to 9”
• 9” to 15”
• 15” and Above

Actuator, by Thrust

• 10kN
• 10kN-100kN
• >100kN
• Actuator, by Torque
• 10kNm
• 10kNm-100kNm
• >100kNm

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Marine Actuators and Valves Market Report

• What was theMarine Actuators and Valves Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR ofMarine Actuators and Valves Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in theMarine Actuators and Valves Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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