Global Rotary Valve Actuator Market Growth 2023-2029
A rotary actuator is an actuator that produces a rotary motion or torque. The simplest actuator is purely mechanical, where linear motion in one direction gives rise to rotation. The most common actuators though are electrically powered. Other actuators may be powered by pneumatic or hydraulic power, or may use energy stored internally through springs.
The motion produced by an actuator may be either continuous rotation, as for an electric motor, or movement to a fixed angular position as for servomotors and stepper motors. A further form, the torque motor, does not necessarily produce any rotation but merely generates a precise torque which then either causes rotation, or is balanced by some opposing torque.
LPI (LP Information)' newest research report, the “Rotary Valve Actuator Industry Forecast” looks at past sales and reviews total world Rotary Valve Actuator sales in 2022, providing a comprehensive analysis by region and market sector of projected Rotary Valve Actuator sales for 2023 through 2029. With Rotary Valve Actuator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rotary Valve Actuator industry.
This Insight Report provides a comprehensive analysis of the global Rotary Valve Actuator 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 Rotary Valve Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rotary Valve Actuator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rotary Valve Actuator 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 Rotary Valve Actuator.
The global Rotary Valve Actuator market size is projected to grow from US$ 1353.9 million in 2022 to US$ 1563.2 million in 2029; it is expected to grow at a CAGR of 1563.2 from 2023 to 2029.
Global Rotary Valve Actuator key players include Honeywell, Rotork, Siemens, AUMA, etc. Global top four manufacturers hold a share about 55%.
Europe is the largest market, with a share about 40%, followed by Europe and China, have a share about 45 percent.
In terms of product, Pneumatic is the largest segment, with a share about 40%. And in terms of application, the largest application is Chemical and Petrochemical, followed by Food & Beverages, Oil & Gas, Water and Waste Water Treatment, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Valve Actuator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pneumatic
Hydraulic
Electric
Others
Segmentation by application
Chemical and Petrochemical
Food & Beverages
Oil & Gas
Water and Waste Water Treatment
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.
Honeywell
Rotork
Siemens
AUMA
Emerson
Danfoss
SAMSON
OMEGA
Christian Bürkert
HKS
REXA
Exlar
ProMation Engineering
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rotary Valve Actuator market?
What factors are driving Rotary Valve Actuator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rotary Valve Actuator market opportunities vary by end market size?
How does Rotary Valve Actuator 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.
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