Global Valve Actuator Market Growth 2023-2029

Global Valve Actuator Market Growth 2023-2029

A valve actuator is a mechanism valve used to open and close. Manually operated valves require someone to be present, using a direct or gear mechanism connected to the valve stem to adjust them. Electric actuators use air pressure, hydraulic pressure, or electricity to allow remote adjustment of the valve or allow rapid operation of large valves. Electric valve actuators may be the final element of an automatic control loop that automatically adjusts certain flow rates, liquid levels, or other processes. The actuator may only be used to open and close the valve, or it may allow intermediate positioning; some valve actuators include switches or other means to remotely indicate the position of the valve.
LPI (LP Information)' newest research report, the “Valve Actuator Industry Forecast” looks at past sales and reviews total world Valve Actuator sales in 2022, providing a comprehensive analysis by region and market sector of projected Valve Actuator sales for 2023 through 2029. With Valve Actuator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Valve Actuator industry.
This Insight Report provides a comprehensive analysis of the global 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 Valve Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Valve Actuator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Valve Actuator.
The global Valve Actuator market size is projected to grow from US$ 15440 million in 2022 to US$ 21100 million in 2029; it is expected to grow at a CAGR of 21100 from 2023 to 2029.
Key global players of Valve Actuator include Emerson, Rotork, Belimo, Siemens, AUMA, etc. Belimo is the biggest manufacturer with a share about 8%. The top 3 manufacturers of the world are Belimo, Emerson, Johnson Controls. In global, Asia-Pacific is the largest market. China makes up over a quarter of the global market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Valve Actuator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pneumatic Actuators
Hydraulic Actuators
Electric Actuators
Others
Segmentation by application
Chemical and Petrochemical
Food & Beverages
Oil & Gas
Water and Waste Water Treatment
HAVC
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
Rotork
Belimo
Siemens
AUMA
Honeywell
Johnson Controls
Schneider
SAMSON
Azbil Corporation
Danfoss
Neles
Neptronic
KMC Controls
Dwyer Instruments
Kinetrol
Maxonic Automation Control
Nippon Gear
Key Questions Addressed in this Report
What is the 10-year outlook for the global Valve Actuator market?
What factors are driving Valve Actuator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Valve Actuator market opportunities vary by end market size?
How does 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.