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Electric Valve Actuators Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Electric Valve Actuators Market SizeThe global market for Electric Valve Actuators was valued at US$ 2581 million in the year 2024 and is projected to reach a revised size of US$ 3218 million by 2031, growing at a CAGR of 3.3% during the forecast period.
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Global core electric valve actuators manufacturers include Rotork, Auma etc.The top 5 companies hold a share about 60%. North America is the largest market, with a share about 24%, followed by Asia Pacific and Europe with the share both about 23%. In terms of product, multi-turn electric actuator is the largest segment, with a share over 55%. And in terms of application, the largest application is oil & gas, followed by general industries.
By Type
• Linear Electric Actuator
• Multi-turn Electric Actuator
• Quarter-turn Electric Actuator
By Application
• Oil & Gas
• General Industries
• Power
• Water
Key Companies
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
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