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.
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.
The global Valve Actuator market was valued at US$ 15200 million in 2020 and it is expected to reach US$ 20430 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Pneumatic Actuators
- Hydraulic Actuators
- Electric Actuators
Segment by Application
- Chemical and Petrochemical
- Food & Beverages
- Oil & Gas
- Water and Waste Water Treatment
- Johnson Controls
- Azbil Corporation
- KMC Controls
- Dwyer Instruments
- Maxonic Automation Control
- Nippon Gear
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
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