The global actuators & valves market is anticipated to register a CAGR of 6.3% to attain a market size of around $125 billion by 2022. Actuators & valves are used in various industries to regulate and direct the flow of fluids during various processes. A valve is a device that regulates or controls the flow of a fluid (gases, liquids, or slurries) by opening, closing, or partially blocking various tubes, whereas an actuator is responsible for moving or adjusting a valve. The valve regulates the rate of fluid flow as the position of valve plug or disk is changed by the force from the actuators. Actuators & valves are applicable in various end use industries such as water & wastewater treatment, food & beverage, oil & gas, refining, paper & pulp, mining, chemical, healthcare, marine, energy, and construction.
Growth in water and wastewater treatment industry due to increase in demand for potable water, increase in safety measurements in industries, and the use of technological advanced processing methods are the key drivers for the growth of global actuators and valves market. However, assembly, start-up, and maintenance of actuators & valves require large space, which act as restraints for the market growth. The oil & gas industry is one of the major users of actuators & valves. The rise in exploration and production of oil & gas in Middle East and Asia-Pacific is expected to provide lucrative opportunity for the market.
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The global actuators & valves market is segmented based on type, application, and geography. On the basis of type, the market is divided into actuators and valves. Actuators are further classified as electric actuators, mechanical actuators, pneumatic actuators, and hydraulic actuators; and valves are classified as quarter-turn valves, multi-turn valves, and control valves. By application, the market is categorized into oil & gas, paper & pulp, mining, water & waste water, food & beverages, energy & power, automotive, and others (chemical, iron & steel, and construction). Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Major companies profiled in the report include Honeywell International Inc, Emerson Electric Co., Flowserve Corporation, Pentair Plc., General Electric, Rotork, Siemens AG, Christian Bürkert GmbH & Co. KG, Schlumberger Limited, and Watts Water Technologies, Inc.
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KEY BENEFITS FOR STAKEHOLDERS
Comprehensive analysis of the current trends and future estimations in the global actuators & valves market is provided.
The report offers a competitive scenario of the market with growth trends, structure, drivers, scope, opportunities, and challenges.
It includes a detailed analysis of the key segments to provide insights on market dynamics.
Porter’s Five Forces analysis highlights the potential of buyers and suppliers as well as the competitive structure of the market to devise effective growth strategies and facilitate better decision-making.
Value chain analysis provides key inputs on the role of stakeholders involved at various stages.
Actuators & Valves Market Key Segments:
By Type:
Actuators: Electric Actuators, Mechanical Actuators, Pneumatic Actuators, Hydraulic Actuators
Valves: Quarter-Turn Valves: Ball Valve, Butterfly Valve, Plug Valve, Spherical Valve
Multi-Turn Valves: Gate Valve, Globe Valve, Fixed Cone Valve, Needle Valve, Pinch Valve
Control Valves: Pneumatic Control Valve, Hydraulic Control Valve, Electric Control Valve
By Application: Oil & Gas, Paper & Pulp, Mining, Water & Wastewater, Food & Beverages, Energy & Power, Automotive, Others (Chemical, Iron & Steel, and Construction)
By Country:
North America: U.S., Canada, Mexico
Europe: UK, Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
LAMEA: Chile, Israel, South Africa, Rest of LAMEA
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Table of content:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ACTUATORS & VALVES MARKET, BY FILTER TYPE
CHAPTER 5: ACTUATORS & VALVES MARKET, BY APPLICATION
CHAPTER 6: ACTUATORS & VALVES MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: ACTUATORS & VALVES MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
Similar Publisher Related report:
Global Actuators & Valves Market Professional Survey Report 2017
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