Industrial Valve Actuators Market worth $190.97 billion by 2030, growing at a CAGR of 7.04% - Exclusive Report by 360iResearch

The "Industrial Valve Actuators Market by Product (Industrial Actuators, Industrial Valves), System (Electric, Hydraulic, Mechanical), End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Industrial Valve Actuators Market to grow from USD 118.59 billion in 2023 to USD 190.97 billion by 2030, at a CAGR of 7.04%.

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Industrial actuators are mechanical devices used to operate valves automatically, allowing for precise control over the flow of fluids within an industrial system without requiring direct manual intervention. An industrial valve controls the flow and pressure within a system or process. It performs various functions, including starting or stopping the flow, regulating or throttling the flow, preventing backflow, regulating pressure, and relieving pressure. These industrial valves & actuators are essential components in various industries, including water & wastewater management, oil and gas, chemical manufacturing, and power generation. Rapid industrialization in economies such as China and India propels the demand for industrial valve actuators. Expanding water & wastewater treatment projects worldwide are driving the usage of industrial valve actuators. High maintenance costs and initial investment associated with using advanced actuators hampers the adoption of industrial valve actuators. Growing development of actuators that consume less power without compromising performance and significantly lower operational costs are expected to create opportunities for the industrial valve actuators market.

In the Americas, the industrial valve actuators market is driven by the elevating demand for oil & gas, chemical, and water treatment industries. North American consumers are highly focused on reliability, durability, and the integration of advanced technologies for improved control and automation capabilities. There is a growing inclination towards adopting IoT-enabled actuators for better monitoring and efficiency. Investments in shale gas exploration and renewable energy projects in the Americas are notable drivers. The Asia Pacific region is witnessing rapid industrial growth and urbanization, particularly in China, India, and Southeast Asian countries. This has led to an increased demand for industrial valve actuators, spurred by investments in water and wastewater treatment, energy and power projects, and expansions in the manufacturing sector. Consumers in this region prioritize cost-effective and energy-efficient solutions due to tight competition and environmental concerns. In Europe, stringent environmental and safety regulations drive the demand for advanced, compliant valve actuators. The emphasis is on energy efficiency, lower emissions, and adoption of smart factory principles. EU countries are leading in terms of adopting green energy initiatives and automation, influencing demand for innovative and sustainable valve actuator solutions. The Middle East, with its significant oil and gas sector, invests heavily in upgrading and expanding infrastructure, focusing on reliability and high-performance specifications. Africa, although at an early stage of industrialization, shows potential for market growth, driven by investments in infrastructure development and the mining industry.

Market Segmentation & Coverage:

This research report categorizes the Industrial Valve Actuators Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Industrial Actuators and Industrial Valves. The Industrial Actuators is further studied across Linear and Rotary. The Industrial Valves is further studied across Ball, Butterfly, Gate, Globe, Plug, and Safety. The Industrial Actuators is projected to witness significant market share during forecast period.

Based on System, market is studied across Electric, Hydraulic, Mechanical, and Pneumatic. The Hydraulic is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Automotive, Chemicals, Construction, Energy & Power, Food & Beverages, Metals & Mining, Pharmaceuticals, Pulp & Paper, and Water & Wastewater Treatment. The Construction is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.14% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Industrial Valve Actuators Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Industrial Valve Actuators Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Industrial Valve Actuators Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Baker Hughes Company, Bonomi Industries Srl, Christian Bürkert GmbH & Co. KG, Cowan Dynamics Inc., Curtiss-Wright Corporation, Danfoss A/S, Eaton Corporation PLC, Emerson Electric Co., Festo Inc., Flowserve Corporation, General Electric Company, GWC Italia SpA, Honeywell International, Inc., Johnson Controls International PLC, Moog Inc., Parker Hannifin Corporation, Pentair PLC, Petrolvalves S.p.A., Rotork PLC, Schlumberger Limited, Schneider Electric SE, Siemens AG, SMC Corporation, Valvitalia S.p.A., WAMGROUP S.p.A., and Watts Water Technologies, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Industrial Valve Actuators Market, by Product
7. Industrial Valve Actuators Market, by System
8. Industrial Valve Actuators Market, by End-User
9. Americas Industrial Valve Actuators Market
10. Asia-Pacific Industrial Valve Actuators Market
11. Europe, Middle East & Africa Industrial Valve Actuators Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Industrial Valve Actuators Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Industrial Valve Actuators Market?
3. What is the competitive strategic window for opportunities in the Industrial Valve Actuators Market?
4. What are the technology trends and regulatory frameworks in the Industrial Valve Actuators Market?
5. What is the market share of the leading vendors in the Industrial Valve Actuators Market?
6. What modes and strategic moves are considered suitable for entering the Industrial Valve Actuators Market?

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