Press release
Actuators and Valves Market is Estimated to Reach USD 175.96 Billion by 2030: Cognitive Market Research
Actuators and Valves Market is Estimated to Reach USD 175.96 Billion by 2030: Cognitive Market Research
What are actuators and valves?
The actuator is a device, which converts mechanical motion into energy. This is used to close or open valves, move mechanical parts and operate dampers in manufacturing and industrial settings. The actuators are used in various applications such as construction, aerospace, robotics, and automotive. In addition, actuators are used in various types of energy including, pneumatic actuators, hydraulic actuators, and electric actuators. Electric actuators used in electric motors hydraulic actuators are used pressurized fluid, pneumatic actuators are used compressed air, and electric motors generate motion.
Summary:
• As per the study of CMR, The Global Actuators and Valves Market size was valued at USD 106.81 Billion in 2022 and is expected to grow at a CAGR Of 6.5 % during the forecast period, reaching USD 175.96 Billion by 2030.
• Based on type, the valves segment has the major revenue share in the actuators and valves market.
• North America has the largest revenue share in the actuators and valves market.
To know more about The Actuators and Valves Market statistics click here: https://www.cognitivemarketresearch.com/actuators-and-valves-market-report
Market Dynamics:
Actuators and Valves Market Drivers:
Increasing the use of actuators and valves in the wastewater and water treatment industry is the key factor expected to drive the demand for the actuators and valves market. In addition, increasing technologically advanced process methods and protection measurements in industries is expected to drive the growth of the actuators and valves market.
Actuators and Valves Market Opportunities:
Increasing robotics adoption is likely to create opportunities for the actuators and valves market growth in the forecast period.
Actuators and Valves Market Restraints:
The absence of product differentiation is the key factor anticipated to hamper the growth of the global actuators and valves market.
Market Segmentation:
Application:
• Automotive
• Microelectronics and Semiconductors
• Pharma and Life Sciences
• Paper and Pulp
• Healthcare
• Mining
• Oil and Gas
• Food and Beverages
• Chemicals and CPI
• Water and Wastewater
• Energy and Power
Based on application, the oil and gas segment has the largest revenue in the actuators and valves market. This is due to the increasing use of actuators and valves in the oil and gas industry such as refining processes, wellhead control, and pipeline control likely to boost the demand for this segment.
Type:
• Valves
• Actuators
Based on type, the valves segment has the major revenue share in the actuators and valves market. This is owing valves offers various benefits in industrial application and increasing the use of valves in various industries is projected to drive the growth of this segment in the target market.
Competitive Analysis of Actuators and Valves Market: Watts Water Technologies, Flowserve, Emerson, Schlumberger Limited, Christian Brkert GmbH and Co. KG, Honeywell, General Electric, Pentair, Siemens, Rotork
Get free sample pages of the latest published Actuators and Valves Market Report: https://www.cognitivemarketresearch.com/actuators-and-valves-market-report
Regional Analysis:
North America accounted for the largest share of the actuators and valves market
North America has the largest revenue share in the actuators and valves market. This is due to increasing oil & gas manufacture in the actuators and valves market and demand for control valves in the region. In addition, heavy infrastructural projects and wide innovative processing technologies adoption are anticipated to boost the demand for the actuators and valves market in the region.
Actuators and Valves Market Industry News:
Parker has announced the next-generation load-sensing valves of VA Series for mobile machinery
In December 2022, Parker Hannifin has launched the next-generation load-sensing valves with the VA Series of mobile machinery. These series of mobile directional control valves are designed to meet upcoming demands within a range of challenging mobile machinery manufacturing including material handling, forestry, construction, and mining.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Actuators And Valves Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Actuators And Valves Market Segmentation
1.5.1 Actuators And Valves Market Regional Fragmentation
1.5.1 Actuators And Valves Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Actuators And Valves Market
• 3.1 Global Actuators And Valves Market Size 2018 - 2030, (USD Million)
• 3.2 Global Actuators And Valves Value, Absolute & Opportunity Analysis
• 3.3 Global Actuators And Valves Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Actuators And Valves Market Statistics 2022: Snapshot
Chapter 4 Global Actuators And Valves Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Actuators And Valves Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Actuators And Valves Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Actuators And Valves Market Regional Analysis
Chapter 12 North America Actuators And Valves Market Outlook (2018 - 2030)
Chapter 13 Europe Actuators And Valves Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Actuators And Valves Market Outlook (2018 - 2030)
Chapter 15 Latin America Actuators And Valves Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Actuators And Valves Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Actuators and Valves Market TOC click here: https://www.cognitivemarketresearch.com/actuators-and-valves-market-report#table_of_contents
Related Report:
• Control Valve Market- https://www.cognitivemarketresearch.com/control-valve-market-report
• Actuators And Accessories Market- https://www.cognitivemarketresearch.com/actuators-and-accessories-market-report
• Aircraft Actuator Market- https://www.cognitivemarketresearch.com/aircraft-actuator-market-report
• Control Valve for Motion Market- https://www.cognitivemarketresearch.com/control-valve-for-motion-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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