Global Industrial Valve Actuators Market Growth 2023-2029

Global Industrial Valve Actuators Market Growth 2023-2029

A valve actuator is the mechanism for opening and closing a valve. Manually operated valves require someone in attendance to adjust them using a direct or geared mechanism attached to the valve stem. Power-operated actuators, using gas pressure, hydraulic pressure or electricity, allow a valve to be adjusted remotely, or allow rapid operation of large valves. Power-operated valve actuators may be the final elements of an automatic control loop which automatically regulates some flow, level or other process. Actuators may be only to open and close the valve, or may allow intermediate positioning; some valve actuators include switches or other ways to remotely indicate the position of the valve.

LPI (LP Information)' newest research report, the “Industrial Valve Actuators Industry Forecast” looks at past sales and reviews total world Industrial Valve Actuators sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Valve Actuators sales for 2023 through 2029. With Industrial Valve Actuators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Valve Actuators industry.

This Insight Report provides a comprehensive analysis of the global Industrial Valve Actuators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Valve Actuators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Valve Actuators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Valve Actuators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Valve Actuators.

The global Industrial Valve Actuators market size is projected to grow from US$ 7318 million in 2022 to US$ 9107.4 million in 2029; it is expected to grow at a CAGR of 9107.4 from 2023 to 2029.

Used for the automation of industrial valves, actuators can be found in all kinds of process plants. They are used in waste water treatment plants, power plants, refineries, mining and nuclear processes, food factories, and pipelines. Valve actuators play a major part in automating process control. The valves to be automated vary both in design and dimension. The diameters of the valves range from one-tenth of an inch to several feet.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Valve Actuators market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electric Actuators
Pneumatic Actuators
Hydraulic Actuators
Mechanical Actuators

Segmentation by application
Oil and Gas
Chemical and Petrochemicals
Power Industry
Water and Wastewater
Metal and Mining
Food Processing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Emerson Electric
Flowserve
Honeywell
Rotork
Weir

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Valve Actuators market?

What factors are driving Industrial Valve Actuators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Valve Actuators market opportunities vary by end market size?

How does Industrial Valve Actuators break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.