Marine Actuators and Valves Market, By Type (Actuators and Valves) by Actuator (Pneumatic Actuators , Hydraulic Actuators, Manual Actuators, Electric Actuators, Mechanical Actuators and Hybrid Actuators), by Valves (Linear Motion Valves, Rotary Motion Val

Marine Actuators and Valves Market, By Type (Actuators and Valves) by Actuator (Pneumatic Actuators , Hydraulic Actuators, Manual Actuators, Electric Actuators, Mechanical Actuators and Hybrid Actuators), by Valves (Linear Motion Valves, Rotary Motion Valve, Specialty Valve and Self-Actuated Valve) by Vessel Type (Passenger Ships And Ferries , Dry Cargo Vessels, Tankers, Dry Bulk Carriers, Special Purpose Vessels , Service Vessels, Fishing Vessels , Off-Shore Vessels, Yachts and Others), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Marine valves are a mechanical component that is used to control, regulate, direct, and guide the flow of various types of liquids such as steam, gases, liquids, and any flowing agents such as grain and mill. Some of the commonly used valves are gate, globe, angle, butterfly, ball plug valves, etc. These valves are made from bronze, iron, steel, or PVC have the capabilities to high-end pressure and temperature. Moreover, the actuator is attached to valves for monitoring of pressure and flows, where two values are required to match.
Market Dynamics
Rapid globalization due to increasing international trade is expected to drive the market during the forecasted period 2019-27. This is owing to rapid globalization in the last 50 years has led to increase in international trade and culture exchange. Shipping has now become the most favored mode of transportation, owing to low-cost and carbon-efficiency as compared to other modes of transportations. As a result of this, total number of dry cargo vessels, tankers, bulk carriers, and service vessels has increased significantly, which has played a crucial role in seaborne trade. For Instance, According to the United Nations Conference on Trade and Development (UNCTAD), around 80% of global trade by volume and 70% by value is carried by sea. According to the same source, global commercial fleet comprised of around 90,000 vessels in 2015. Moreover, high demand for technologically advanced valves in the marine sector is also the major factor driving the global marine actuator and valves market.
Market Taxonomy
This report segments the global marine actuators and valves market on the basis type actuator and valve. On the basis of actuator, pneumatic actuators, hydraulic actuators, manual actuators, electric actuators, mechanical actuators and hybrid actuators. On the basis of valves, Linear Motion Valves, Rotary Motion Valve, Specialty Valve and Self-Actuated Valve. On the basis of vessel type, passenger ships and ferries , dry cargo vessels, tankers, dry bulk carriers, special purpose vessels , service vessels, fishing vessels , off-shore vessels, yachts and others and by Geography North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Key features of the study:
This report provides an in-depth analysis of the global marine actuators and valves market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global marine actuators and valves market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies involved in the global marine actuators and valves market are AVK Holding A/S, KITZ Corporation, Watts Water Technologies, Inc., Bürkert Fluid Control Systems, Tyco International Ltd., Emerson Electric Co, Schlumberger Limited, Shearwater GeoServices Holding AS, Flowserve Corporation, Rotork Plc, and Honeywell International Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global marine actuators and valves market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global marine actuators and valves market.
Detailed Segmentation:
Global Marine Actuators and Valves Market, By Type
Actuators
Valves
Global Marine Actuators and Valves Market, By Actuator
Pneumatic Actuators
Hydraulic Actuators
Manual Actuators
Electric Actuators
Mechanical Actuators
Hybrid Actuators
Global Marine Actuators and Valves Market, By Valve
Linear Motion Valves
Rotary Motion Valve
Specialty Valve
Self-Actuated Valve
Global Marine Actuators and Valves Market, By Vessel Type
Passenger Ships And Ferries
Dry Cargo Vessels
Tankers
Dry Bulk Carriers
Special Purpose Vessels
Service Vessels
Fishing Vessels
Off-Shore Vessels
Yachts
Others
Global Marine Actuators and Valves Market, By Geography:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
AVK Holding A/S*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
KITZ Corporation
Watts Water Technologies, Inc.
Bürkert Fluid Control Systems
Tyco International Ltd.
Emerson Electric Co
Schlumberger Limited
Shearwater GeoServices Holding AS
Flowserve Corporation
Rotork Plc
Honeywell International Inc.
*Browse all the market data tables and figures on "Global Marine Actuators and Valves Market - Forecast to 2027”