At what growth rate will the market be projected to grow during the forecast period of 2022 to 2029?

The Electro Hydraulic Servo Valve Market is to grow at a CAGR of 4.5% by forecast 2029. Read More

What will be the market value in the future?

The Electro Hydraulic Servo Valve Market value is to reach USD 2,475,714.26 thousand by forecast 2029. Read More

Electro Hydraulic Servo Valve Market Size, Share & Industry Growth

Q: Who are the major players operating in the market?

The major players operating in global electro hydraulic servo valve market are YUKEN KOGYO CO., LTD, MTS Systems, Moog Inc., Atos spa, PARKER HANNIFIN CORP, Aviation industry AVIC Nanjing Servo Control System Co., Ltd., JASC, Bosch Rexroth AG, Woodward, Inc., Eaton, etc Read More

Global Electro Hydraulic Servo Valve Market, By Stage Type (Single Stage Servo Valve, Two Stage Servo Valve, and Three Stages Servo Valve), Valve Type (Nozzle Flapper Valve, Jet Pipe Servo Valve, Deflector Jet, and Others), LPM Type (Less Than 20 LPM and More Than 20 LPM), Application (Aerospace, Steel Industry, Power Industry, Chemical Industry, Marine Industry, Construction Industry, and Others) Industry Trends and Forecast to 2029.

Electro Hydraulic Servo Valve Market

Electro Hydraulic Servo Valve Market Analysis and Size

Major factors expected to boost the electro hydraulic servo valve market growth in the forecast period are the rise in several industrial applications, including aerospace, steel, power, chemical, and others. Furthermore, the increased resistance to load variations is the benefit of electro hydraulic servo valve, which is further anticipated to propel the growth of the electro hydraulic servo valve market.

Electro Hydraulic Servo Valve Market

Data Bridge Market Research analyses that the global electro hydraulic servo valve market is expected to reach the value of USD 2,475,714.26 thousand by 2029, at a CAGR of 4.5% during the forecast period. The electro hydraulic servo valve market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Thousand, Pricing in USD

Segments Covered

By Stage Type (Single Stage Servo Valve, Two Stage Servo Valve, and Three Stages Servo Valve), Valve Type (Nozzle Flapper Valve, Jet Pipe Servo Valve, Deflector Jet, and Others), LPM Type (Less Than 20 LPM and More Than 20 LPM), Application (Aerospace, Steel Industry, Power Industry, Chemical Industry, Marine Industry, Construction Industry, and Others).

Countries Covered

U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

Market Players Covered

YUKEN KOGYO CO., LTD, MTS Systems, Moog Inc., Atos spa, PARKER HANNIFIN CORP, Aviation industry AVIC Nanjing Servo Control System Co., Ltd., Continental Hydraulics Inc., JASC, Bosch Rexroth AG, Woodward, Inc., Eaton, Honeywell International Inc., Voith GmbH & Co. KGaA, Star Hydraulics Limited, SCHNEIDER SERVOHYDRAULICS, HAWE Hydraulik SE, and DUPLOMATIC MS Spa

Market Definition

Electro-hydraulic servo valve is an electrically operated valve that controls the fluid flow to the actuator. The device utilizes the closed loop system, which offers precise control over the output. Because of its benefits, including quick response, high level of control precision, small volume, lightweight, and high immunity to load variations, electro-hydraulic servo valve has been used in several fields, including astronavigation, navigation, aviation, and military equipment. Electro-hydraulic servo valve is one of the most failure-prone components and has a direct and substantial impact on the performance and reliability of the entire servo control system.

Global Electro Hydraulic Servo Valve Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:

Drivers

High demand for nozzle flapper electro hydraulic servo valves

Servo valves provide closed-loop flow or pressure response to an electric or electronic control signal. These valves control the amount, pressure, and direction of fluid flow. Compared with proportional valves, servo valves provide a higher degree of closed-loop control. Moreover, the servo valves are available in one, two, or three-stage designs. The first stage of servo valves is the hydraulic or pneumatic amplifier which includes a flapper-nozzle, jet pipe, force motor, or solenoid. Flapper-nozzles consist of a cylindrical curtain orifice area to amplify the flow. Thus the flapper nozzle servo valves will help to increase the pressure and force of the flowing fluid. This feature will provide dynamic response facilities increasing usage.

Upsurge in the exploration with oil, gas, and mining firms

The oil, gas, and mining industry found that keeping the flow of oil and gas in pipelines is a monumental task and requires several reliable equipment and techniques. The most important equipment is servo valves, designed with accuracy and often installed in systems requiring higher efficiency. Thus, servo valves are used in several applications, such as hydroelectric power plants and sites for mining gas or oil, regulating fuel flow in aircraft engines, and blow molding or manufacturing hollowed plastic.

The working features of EHSV are very promising and highly accurate. This has resulted in many engineers opting for the use of servo valves. Many refining and mining industries have undergone many changes, from processing methods to the length of time they operate their process units. These changes, along with the emergence of low sulfur fuel specifications, the requirement to process lower-grade crude, and the need to convert more bottom-of-the-barrel residuals, have put an extreme demand on isolation and control valves.

Electro Hydraulic Servo Valve Market

Opportunity

Rise in the acquisition and partnership among market players

The electro-hydraulic servo valves market is growing, owing to factors such as growing electrification of industrial operations, oil consumption, advancement in working procedures, and others. Moreover, growing awareness among engineers regarding the usage and benefits of servo valves is also aiding global growth. Due to this, there is a huge demand for advanced servo valves with high working process efficiency.

Moreover, high-tech solutions will spike demands, and various tech giants and start-ups are coming up with innovative simulation solutions to gain market advantages. These players are entering into various partnerships, obtaining various contracts for installation & upgradation, and entering into partnerships, mergers, and acquisitions to cater to consumer requirements.

Restraints/Challenges

High cost of electro-hydraulic servo valves

The importance and functionality of servo valves are increasing with the applications. A servo valve receives pressurized hydraulic fluid, typically a hydraulic pump, from a source. It then transfers the fluid to a hydraulic cylinder in a closely controlled manner. Typically, the valve will move the spool proportionally to an electrical signal it receives, indirectly controlling the flow rate and making it an important component in the system. The increasing adoption of electro-hydraulic servo valves in the aviation, oil, and mining sectors has boosted global demand. But the high cost associated with electro-hydraulic valves is estimated to restrain the global electro-hydraulic servo valve market growth.

Contamination of filters used in the valves

Modern hydraulic flow systems include the rise in servo and proportional control valves. These devices are inherently at the critical stage of controlling the manufacturing process and quality of the end product. These valves are associated with crucial equipment called a filter, which is meant to maintain the fluid concerning cleanliness and chemical composition.

Design of the filtration requires a careful understanding of the working and effects of the valves, valve design, circuit layout, and operating environment. If these factors are carefully considered, achieving high reliability and long life in some of the most difficult environments is possible.

Moreover, the filtrations are to be properly placed, installed, and maintained regularly. All types of hydraulic and lube systems have a critical contamination tolerance level. In servo valves, the filter sets up the contamination level. The fluid flowing through the valve needs to be filtered. Otherwise, it will restrain the working of other moving parts of the valve. Hence, fluid has to be filtered, and the filter has to be cleaned regularly to support the smooth working of the valve.

Post-COVID-19 Impact on Global Electro Hydraulic Servo Valve Market

COVID-19 negatively impacted the electro-hydraulic servo valve market due to lockdown regulations and rules at manufacturing facilities.

The COVID-19 pandemic has impacted the electro hydraulic servo valve market to an extent negative manner. However, the increasing adoption of electro-hydraulic servo valves in the aviation sector has helped the market to grow after the pandemic. Also, the growth has been high since the market opened after COVID-19, and it is expected that there will be considerable growth in the sector.

Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the electro-hydraulic servo valve. With this, the companies will bring advanced technologies to the market. In addition, government initiatives to use automation technology have led to the market's growth.

Recent Developments

In September 2022, Moog Inc. introduced its new X700 Series servo cartridge valves with a robust design enabling a maximum main stage operating pressure of 420 bar. With this, the company will further expand its product & services in the premium market.

In August 2022, Voith GmbH & Co. KGaA announced the acquisition of ARGO-HYTOS Group. This acquisition will help the company develop and produce components for hydraulics and system solutions, focusing on the off-highway sector, and accelerating the hydraulics business growth.

Global Electro Hydraulic Servo Valve Market Scope

Global electro hydraulic servo valve market is segmented based on stage type, valve type, lpm type, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Stage Type

Single Stage Servo Valve

Two Stage Servo Valve

Three Stage Servo Valve

On the basis of stage type, the global electro hydraulic servo valve market is segmented into single stage servo valve, two stage servo valve, and three stage servo valve.

Valve Type

Nozzle Flapper Valve

Jet Pipe Servo Valve

Deflector Jet

Others

On the basis of valve type, the global electro hydraulic servo valve market has been segmented into nozzle flapper valve, jet pipe servo valve, deflector jet, and others.

Lpm Type

Less Than 20 lpm

More Than 20 lpm

On the basis of lpm type, the global electro hydraulic servo valve market has been segmented into less than 20 lpm and more than 20 lpm.

Application

Aerospace

Steel Industry

Energy Industry

Chemical Industry

Marine Industry

Construction Industry

Others

Electro Hydraulic Servo Valve Market

On the basis of application, the global electro hydraulic servo valve market is segmented into aerospace, steel industry, energy industry, chemical industry, marine industry, construction industry, and others.

Global Electro Hydraulic Servo Valve Market Regional Analysis/Insights

Global electro hydraulic servo valve market is analyzed, and market size insights and trends are provided by country, stage type, valve type, lpm type, and application, as referenced above.

The countries covered in the electro hydraulic servo valve market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Hong Kong, Taiwan, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the electro hydraulic servo valve market owing to the growing adoption of electro-hydraulic drive control systems in the aerospace and marine industry. The U.S. is a dominating country as it is home to many giant market players in electro hydraulic servo valve market. Germany dominates in the Europe region due to increasing research and development activities in hydraulic control systems and technological advancements. China dominates in the Asia-Pacific region due to the rising adoption of automation in manufacturing and industrial robotics.

Electro Hydraulic Servo Valve Market

The country section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Electro Hydraulic Servo Valve Market Share Analysis

Global electro hydraulic servo valve market competitive landscape provides details of the competitor. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to electro hydraulic servo valve market.

Some of the major players operating in global electro hydraulic servo valve market are YUKEN KOGYO CO., LTD, MTS Systems, Moog Inc., Atos spa, PARKER HANNIFIN CORP, Aviation industry AVIC Nanjing Servo Control System Co., Ltd., JASC, Bosch Rexroth AG, Woodward, Inc., Eaton, Honeywell International Inc., Voith GmbH & Co. KGaA, Star Hydraulics Limited, SCHNEIDER SERVOHYDRAULICS, HAWE Hydraulik SE, DUPLOMATIC MS Spa among others.

SKU-52791

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Global Electro Hydraulic Servo Valve Market – Industry Trends and Forecast to 2029

Electro Hydraulic Servo Valve Market Analysis and Size

Global Electro Hydraulic Servo Valve Market Dynamics

Post-COVID-19 Impact on Global Electro Hydraulic Servo Valve Market

Global Electro Hydraulic Servo Valve Market Scope

Global Electro Hydraulic Servo Valve Market Regional Analysis/Insights

Competitive Landscape and Global Electro Hydraulic Servo Valve Market Share Analysis

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Frequently Asked Questions

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