Press release
Electric Valve Actuators Research:CAGR of 3.2% during the forecast period
An electric valve actuator is an actuator that provides linear or rotary motion, which uses electrical drive energy and works under some kind of control signal. The basic actuator is used to drive the valve to the fully open or fully closed position, and the actuator for control valves is capable of precisely moving the valve to any position.
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Electric Valve Actuators Market Summary
An electric valve actuator is an actuator that provides linear or rotary motion, which uses electrical drive energy and works under some kind of control signal. The basic actuator is used to drive the valve to the fully open or fully closed position, and the actuator for control valves is capable of precisely moving the valve to any position.
According to the new market research report "Global Electric Valve Actuators Market Report 2024-2030", published by QYResearch, the global Electric Valve Actuators market size is projected to reach USD 3.22 billion by 2030, at a CAGR of 3.2% during the forecast period.
Global Electric Valve Actuators MarketSize(US$ Million), 2024 VS 2030
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Above data is based on report from QYResearch: Global Electric Valve Actuators Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
Global Electric Valve Actuators Top19Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Electric Valve Actuators Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Electric Valve Actuators include Rotork, Auma, Emerson, Flowserve, ABB, Chuanyi Automation, BERNARD, Changzhou Power Station Auxiliary Equipment, Schiebel, Tefulong, etc. In 2023, the global top five players had a share approximately 58.0% in terms of revenue.
Electric Valve Actuators,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Electric Valve Actuators Market Report 2024-2030.
In terms of product type, currently Multi-turn Electric Actuator is the largest segment, hold a share of 55.0%.
In terms of product application, currently General Industries is the largest segment, hold a share of 33.2%.
Market Drivers:
The trend toward industrial automation in manufacturing and processing industries continues to grow. Electric actuators offer precise control and are integral to automated systems that require reliable valve operation without constant human intervention. Electric valve actuators are known for their high energy efficiency, especially when compared to pneumatic or hydraulic actuators. As industries focus on reducing energy consumption and carbon footprint, electric actuators become more attractive.
Restraint:
Electric valve actuators must compete with other types of actuators, such as pneumatic and hydraulic actuators, which may have certain advantages in specific applications. For instance, pneumatic actuators are well-suited for applications that require rapid cycling, while hydraulic actuators can offer high-force output. Electric actuators can be more complex than their pneumatic or hydraulic counterparts, which can lead to higher maintenance costs and downtime if not properly maintained. The need for regular inspections and repairs can be a deterrent for some users.
Opportunity:
Continuous technological innovation, such as the integration of IoT, AI, and advanced sensors, offers opportunities to improve the functionality, efficiency, and reliability of electric valve actuators. This can open up new applications and markets. As the world moves towards renewable energy sources and energy efficiency, electric actuators can play a crucial role in managing the flow of energy in these systems. This includes applications in wind and solar power generation, as well as in smart grid management.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Electric Valve Actuators market is segmented as below:
By Company
Rotork
Auma
Emerson
Flowserve
ABB
BERNARD
Chuanyi Automation
CDF
Schiebel
SAIC
Raga
Nihon Koso
Soupaishi Automation Technology
Koei Industry
Tomoe
Hengchun
PS Automation
Tefulong
Aotuo Ke
Segment by Type
Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator
Segment by Application
Oil & Gas
General Industries
Power
Water
Other
Each chapter of the report provides detailed information for readers to further understand the Electric Valve Actuators market:
Chapter 1: Introduces the report scope of the Electric Valve Actuators report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Electric Valve Actuators manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Electric Valve Actuators market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Electric Valve Actuators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Electric Valve Actuators in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Electric Valve Actuators competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Electric Valve Actuators comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Electric Valve Actuators market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Electric Valve Actuators Market Research Report 2024
Global Linear Electric Valve Actuators Market Insights, Forecast to 2030
Global and United States Linear Electric Valve Actuators Market Report & Forecast 2024-2030
Linear Electric Valve Actuators- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Linear Electric Valve Actuators Market Research Report 2024
Global Part Turn Electric Valve Actuators Market Insights, Forecast to 2030
Global Part Turn Electric Valve Actuators Market Research Report 2024
Part Turn Electric Valve Actuators - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Automotive Electric Valve Actuators Market Insights, Forecast to 2030
Global Multi-Turn Electric Valve Actuators Market Insights, Forecast to 2030
Global and United States Multi-Turn Electric Valve Actuators Market Report & Forecast 2024-2030
Multi-Turn Electric Valve Actuators- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Multi-Turn Electric Valve Actuators Market Research Report 2024
Global Automotive Electric Valve Actuators Market Research Report 2024
Automotive Electric Valve Actuators - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Quarter-Turn Electric Valve Actuators Market Insights, Forecast to 2030
Global and United States Quarter-Turn Electric Valve Actuators Market Report & Forecast 2024-2030
Quarter-Turn Electric Valve Actuators- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Quarter-Turn Electric Valve Actuators Market Research Report 2024
Electric Valve Actuators - Global Market Insights and Sales Trends 2024
About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
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QY Research Inc.
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