Press release
Valve Actuator Market Expands to $24.62B by 2031 Amid Automation Surge
Valve Actuator Market
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Market Overview
Valve actuators convert energy into mechanical motion to control valves in critical processes across industries like oil & gas, power, and water management. Electrical actuators led in 2024, alongside the 50-1000 Nm torque range and 10-40 mm/s speeds, with oil & gas as the top end-user. Asia Pacific holds the largest share due to booming energy needs and refinery expansions in countries like China and India.
Key Drivers
Rising Industry 4.0 adoption pushes automation in manufacturing, where actuators enable precise valve control in robotics and process systems. Governments worldwide invest heavily in renewables such as US$ 1.34 trillion in clean energy since 2020 boosting demand for actuators in solar, wind, and hydropower flow management. Oil & gas growth, including new refineries in Asia, further fuels needs for reliable flow regulation.
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Market leaders and key company profiles-
• AUMA Riester GmbH & Co. KG
• SLB
• Rotork Plc
• Emerson Electric Co
• Alfa Laval AB
• Crane Company
• Valmet Oyj
• Flowserve Corp
• KITZ Corp
• Schneider Electric SE
Emerging Trends
Miniaturization allows compact actuators for smart systems and IoT integration, enhancing remote monitoring and predictive maintenance. Electric actuators gain traction over pneumatic or hydraulic types for energy efficiency and lower upkeep, especially in harsh environments. Recent innovations include Rotork's IQ3 Pro upgrades for faster speeds and Emerson's cold-weather electric models.
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Growth Opportunities
Water and wastewater projects, alongside smart city infrastructure, open doors as populations rise and utilities modernize. Renewable energy expansions like hydropower in Asia and solar storage worldwide create demand for advanced pressure-regulating actuators. Emerging markets in Southeast Asia and Latin America offer potential through FDI in mining, chemicals, and LNG facilities.
Related Report:
• Valves Actuators and Positioners Market: https://www.theinsightpartners.com/reports/valves-actuators-and-positioners-market
• Valve Cover Gasket Market: https://www.theinsightpartners.com/reports/valve-cover-gasket-market
• Electric Valve Actuators Market: https://www.theinsightpartners.com/reports/electric-valve-actuators-market
• Valve Driver Market: https://www.theinsightpartners.com/reports/valve-driver-market
• Valve Positioner Market: https://www.theinsightpartners.com/reports/valve-positioner-market
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About The Insight Partners
The Insight Partners is a leading provider of actionable market research and consulting. The Air Cooled Chillers Market report delivers comprehensive market sizing, trends, competitive analysis, and strategic insights to help stakeholders make informed decisions in a rapidly evolving environment.
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