Valve Positioner Market Segmentation: By Type, Actuation, Industry, Region and Top Companies are ABB Group, Siemens AG, Schneider Electric SE, Emerson Electric Co., SMC Corporation

Valve positioners are devices that help improve the efficiency of plants and reduce the overall cost of operation. The market for valve positioners is expected to grow due to rising globalization and an increase in the number of power plants. The popularity of smart valve positioners is also contributing to the growth of the market, as there is a surging demand for automated industrial services and solutions. They are used in a wide range of industries, including oil and gas, energy and power, water and wastewater, metals and mining, chemicals, food and beverages, pharmaceuticals, pulp and paper, and others. The growing popularity of smart valve positioners is driving the demand for automated industrial services and solutions. This is particularly true in developing economies where there is a rising number of end-user industries.

Valve positioners are devices that are used to regulate the air load pressure in industrial plants. They are used to control the opening and closing of valves in a precise manner, which helps to improve the efficiency of the plant and reduce the overall cost of operation. Valve positioners provide advanced diagnostic features that help to identify any errors or hysteresis in the system. This ensures that the control valve is reliable and accurate in its calibration, which is essential for the smooth functioning of the plant. Smart valve positioners are designed to be easy to install and use. They come equipped with automatic collaboration functions that help to reduce the setup time and make the process more efficient. This is particularly useful in large industrial plants where time is of the essence. Valve positioners are an essential component in the automation of industrial services and solutions.

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The global Valve Positioner Market size was estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.45 billion in 2030 at a CAGR of 5.5% during the forecast period 2023-2030.

The prominent players in the Valve positioner market are

ABB Group
Siemens AG
Schneider Electric SE
Emerson Electric Co.
SMC Corporation
Valmet Oyj
Azbil Corporation
Badger Meter, Inc.
Flowserve Corporation
Baker hughes company
ControlAir
Crane Co.
GEMU Group
Dwyer instruments LTD
Valve related Controls
Power-genex Ltd
Val controls
Bray International
Nihon KOSO Co. Ltd
Spirax-Sarco Limited

Recent Developments

In April 2022, Emerson Electric Co. released the TopWorxTM PD Series smart valve positioner, which will extend the Topworx sensing and control products. The PD series of smart valve positioners provide complete control over the valve positioner and integrates communication with 4-20 mA loop signal.

In March 2022, Flowserve corporation entered into an agreement with Gradiant, a global manufacturer and provider of cleantech water project for water treatment, to help address the most challenging problems in water and wastewater treatment.

One of the major challenges is the dearth of knowledge and technological expertise. This means that there may not be enough skilled professionals who can design, develop, and maintain valve positioners. This can lead to a shortage of quality products and services, which can negatively impact the market's growth. Another challenge is heavy competition from local manufacturers. This means that there may be many companies producing valve positioners, which can lead to price wars and reduced profit margins. This can also lead to a lack of differentiation between products, which can make it difficult for customers to choose between them. Lack of standardized norms and governing policies is another challenge. This means that there may not be clear guidelines or regulations for the production and use of valve positioners. This can lead to confusion and uncertainty among manufacturers and customers, which can negatively impact the market's growth. Large scale technological limitations in underdeveloped economies is another challenge. This means that there may be a lack of infrastructure, resources, and expertise in these economies, which can make it difficult to adopt and implement new technologies. This can lead to a slower adoption rate of valve positioners, which can negatively impact the market's growth.

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Scope of the Report:

The Valve positioner Market is segmented into various segments such as By type, By Actuation, By Industry, and Region:

Based on Type, the Valve Positioner Market is segmented into:

Pneumatic positioners
Electropneumatic positioners
Digital positioners

Based on the Actuation, the Valve Positioner Market is segmented into:

Single-acting positioners
Double-acting positioners

Based on the Industry, the Valve Positioner Market is segmented into:

Oil & gas
Water & Wastewater treatment
Energy & Power
Chemical
Paper & Pulp
Pharmaceutical
Metals & mining
Food & Beverages
Others

Based on Region, the Valve Positioner Market is segmented into:

Asia Pacific

Japan
China
India
Australia
South Korea
Vietnam
New Zealand
Philippines
Thailand
Malaysia
Hong Kong
Taiwan
Singapore
Indonesia
Sri Lanka
Rest of Asia-Pacific

North America

U.S.
Canada
Mexico

Europe

Germany
U.K.
France
Italy
Spain
Sweden
Austria
Finland
Belgium
Turkey
Russia
Poland
Hungary
Czech Republic
Switzerland
Netherlands
Rest of Europe

South America

Brazil
Argentina
Chile
Colombia
Rest of South America

Middle East & Africa

South Africa
U.A.E.
Saudi Arabia
Oman
Qatar
Iran
Egypt
Rest of Middle East and Africa

North America to Dominate the Market

North America region dominates the valve positioners market and will continue to flourish its trend of dominance during the forecast period.

Asia-Pacific region is projected to undergo substantial during the forecast period owing to the rising demand for smart valve positioners, growing number of end user verticals and rising demand for fuels, energy and power.

Primary and secondary research methodologies have been employed for a detailed study to generate this report. Researchers and analysts have also estimated key milestones achieved by the global Valve Positioner Market and compared it to the current market trends to give the readers a holistic picture of the market. This report performs SWOT analysis of major key players of Semiconductors & Electronics industry based on strengths, weaknesses, opportunities and threats as well as company's internal & external environments. This Valve Positioner Market research report assesses the current as well as future performance of the market, and also brand-new trends in the market.

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