Actuators and Valves

Actuators and Valves

Global Actuators and Valves Market to Reach US$950.5 Billion by 2030

The global market for Actuators and Valves estimated at US$686.6 Billion in the year 2023, is expected to reach US$950.5 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030. Actuators, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$430.9 Billion by the end of the analysis period. Growth in the Valves segment is estimated at 4.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$185.3 Billion While China is Forecast to Grow at 8.0% CAGR

The Actuators and Valves market in the U.S. is estimated at US$185.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$204.8 Billion by the year 2030 trailing a CAGR of 8.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.4% and 3.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Global Actuators and Valves Market – Key Trends & Drivers Summarized

Why Are Actuators and Valves Vital in Industrial Automation?

Actuators and valves are critical components in industrial automation systems, enabling the precise control of fluids, gases, and mechanical movements in manufacturing processes. Actuators convert electrical, hydraulic, or pneumatic energy into mechanical motion, while valves regulate the flow of liquids or gases through pipelines. Together, they form the backbone of automated systems used in industries like oil and gas, water treatment, power generation, and manufacturing. As industries shift towards more automated and efficient processes, the demand for high-performance actuators and valves is growing, particularly in sectors requiring precise control and reliability under harsh operating conditions.

How Are Technological Advancements Transforming Actuators and Valves?

Recent technological advancements have significantly improved the functionality and efficiency of actuators and valves, particularly in terms of automation, remote control, and energy efficiency. Smart actuators, equipped with sensors and communication modules, enable real-time monitoring and control, allowing operators to optimize system performance remotely. The integration of IoT technology has further enhanced the predictive maintenance capabilities of these components, reducing downtime and improving overall system reliability. In addition, advancements in materials science have led to the development of more durable and corrosion-resistant valves, capable of withstanding extreme temperatures and pressures. These innovations are expanding the applications of actuators and valves across a range of industries, from renewable energy to aerospace.

How Is the Growing Focus on Energy Efficiency Impacting This Market?

The increasing focus on energy efficiency in industrial operations has led to greater demand for actuators and valves designed to minimize energy consumption. Energy-efficient actuators, such as those powered by electric or piezoelectric mechanisms, offer significant advantages over traditional hydraulic or pneumatic systems, reducing power consumption while providing precise control. In sectors like HVAC (heating, ventilation, and air conditioning), energy-efficient valves are crucial for optimizing system performance and reducing operational costs. As sustainability becomes a key priority for industries worldwide, the adoption of energy-saving actuators and valves is expected to rise, driving innovation and growth in the market.

What Is Driving Growth in the Actuators and Valves Market?

The growth in the actuators and valves market is driven by several factors, including the increasing adoption of industrial automation, advancements in smart technologies, and the rising emphasis on energy efficiency. As industries automate their processes to improve productivity and reduce operational costs, the demand for advanced actuators and valves is increasing. The integration of IoT and smart technologies into actuators and valves is further expanding their capabilities, enabling real-time monitoring and remote operation. Additionally, the push for more energy-efficient systems across sectors such as manufacturing, oil and gas, and water treatment is contributing to the growing demand for innovative actuator and valve solutions.

Select Competitors (Total 38 Featured) -

• AVK Holding A/S
• Burkert GmbH & Co. KG
• Emerson Electric Company
• Flowserve Corporation
• Honeywell International, Inc.
• KITZ Corporation
• Pentair PLC
• Rotork PLC
• Schlumberger Ltd.
• Watts Water Technologies, Inc.

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