Global Valve Positioner Market Size study & Forecast, by Type (Pneumatic Valve Positioner, Electro-Pneumatic Valve Positioner, Digital Valve Positioner), By by Actuation (Single-Acting, Double-Acting), By by Industry (Oil & Gas, Water & Wastewater Treatme

Global Valve Positioner Market Size study & Forecast, by Type (Pneumatic Valve Positioner, Electro-Pneumatic Valve Positioner, Digital Valve Positioner), By by Actuation (Single-Acting, Double-Acting), By by Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Chemical, Paper & Pulp, Pharmaceutical, Metal & Mining, Food & Beverage, Others) and Regional Analysis, 2023-2030

Global Valve Positioner Market is valued at approximately USD 1.8 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.6% over during the forecast period 2023-2030. Valve A valve Positioner positioner is a device used in industrial processes to control the position of a valve in order toto regulate the flow of fluid or gas through a pipeline. Valves are commonly employed to control the flow of various substances in pipelines, and the positioner helps in accurately adjusting and maintaining the desired position of the valve. The Valve Positioner market Market is expanding because of factors such as the growing rate of Industrialization and rising demand for wastewater treatment. As a result, the demand of for Valve Positioner Positioners has progressively increased in the international market during the forecast period 2023-2030.

Industrialization often leads to increased automation in manufacturing and processing plants which also accelerate accelerates the demand for efficient and precise control of valves. Valve positioners play a crucial role in automating the control of valves, ensuring accurate positioning and responsiveness in industrial processes. According to the Statista, in 2020 the Global Manufacturing Industry accounted for USD 12.17 trillion and is projected to reach up to USD 17.67 trillion by the year 2028. Another important factorfactor that drives the Valve Positioner market Market is the increasing demand for wastewater treatment. Valve positioners enhance the efficiency of wastewater treatment processes by providing precise control over valve movements. This leads to better optimization of chemical dosing, flow rates, and other parameters, ultimately improving the overall efficiency of the treatment system. In addition, as per Statista, the global water and wastewater treatment market was valued at USD 301.7 billion in 2022 and is projected to reach a up to USD 536.4 billion by the year 2030. Moreover, the rising adoption of smart valve positioners in various plant operations, and deployment of IIoT and rising awareness regarding digitalization is are anticipated to create a lucrative growth opportunity opportunities for the market over the forecast period. However, the lack of standardized norms and fluctuating prices of digital valve positioner positioners is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Valve Positioner Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising adoption of smart valve positioners in various plant operations in the region. Smart valve positioners offer advanced control capabilities, enabling precise and accurate positioning of valves. This results in improved process control, enhancing overall operational efficiency and reducing the likelihood of errors or disruptions in plant operations. The region’s dominant performance is anticipated to propel the overall demand of for Valve PositionerPositioners. Furthermore, Asia Pacific is expected to grow fastest during over the forecast period, owing to factors such as the growing urban population in the region. Growing urbanization has led to the concept of smart cities, where automation and intelligent control systems are integrated into various aspects of urban life. Valve positioners are essential components in the automation of industrial processes, ensuring accurate and efficient control of valves in smart city infrastructure, such as water supply, energy management, and waste treatment.

Major market player included in this report are:
ABB Ltd
Siemens AG
Schneider Electric SE
SMC Corporation
Azbil Corporation
Rotork plc
Valmet Corporation
Emerson Electric Co.
Flowserve Corporation
Baker Hughes Company

Recent Developments in the Market:
 In November 2023, Emerson introduced the TopWorx DVR Switchbox, an entry-level complement to the DV Series of valve position indicators. It combines a tough resin casing, a small size, and a proprietary cam design to give water and wastewater systems, food and beverage manufacturing lines, and industrial utilities a dependable valve position feedback tool. The TopWorx DVR Switchbox features a low-profile indicator to provide clear local location feedback. This is critical real-time data that enables technicians and plant operators to keep processes on track. Engineered for tough settings, it uses stainless-steel components to deliver a dependable, corrosion-resistant valve indication solution to keep customer processes running smoothly.

Global Valve Positioner Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, Actuation, Industry, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type
Pneumatic Valve Positioner
Electro-Pneumatic Valve Positioner
Digital Valve Positioner

By Actuation
Single-Acting
Double-Acting

By Industry
Oil & Gas
Water & Wastewater Treatment
Energy & Power
Chemical
Paper & Pulp
Pharmaceutical
Metal & Mining
Food & Beverage
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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