Global Industrial Valves and Actuators Market - Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Industrial Valves and Actuators Market By Type (Actuators, Valves), Application (Oil & Gas, Paper & Pulp, Mining, Water & Wastewater, Food & Beverages, Energy & Power, Automotive, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Industrial Valves and Actuators Market

Global industrial valves and actuators market is set to witness a substantial CAGR of 5.58% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to increasing penetration of industrial automation has further surged the use of actuators and valves.

Market Definition: Global Industrial Valves and Actuators Market

Industrial valves are the mechanical devices that are used to manage the flow and pressure of slurries, liquids and gases within a system. They are widely used in several applications. There are various types of valves such as globe valve, pinch valve, gate valve and ball valve among others. Actuator is part of a machine that controls system such as opening or closing of valve. They are of various types such as hydraulic, pneumatic, electric and mechanical. It runs on pressure and has various applications in the industry.

Market Drivers:

  • The growing demand from industrial sectors such as oil & gas, water & wastewater treatment and energy & power industry is driving the growth of the market
  • Technological advancements is propelling the use of smart valves and actuators which is boosting the market growth
  • The stringent government regulations and compliances is contributing to the growth of the market
  • The smart city development initiative across the globe is fueling the growth of this market
  • Increasing demand for predictive maintenance techniques from manufacturing industries is driver for this market

Market Restraints:

  • Fluctuating prices of oil and gas will restrict the growth of the market
  • Volatility of raw material prices is hampering the market growth
  • The downtime due to repair and maintenance is a restraint for this market

Segmentation: Global Industrial Valves and Actuators Market

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 and Gas
  • Paper and Pulp
  • Mining
  • Water and Wastewater
  • Food and Beverages
  • Energy and Power
  • Automotive
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Turkey
    • Switzerland
    • Belgium
    • Netherlands
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In March 2019, IMI Precision Engineering has launched electric actuator solution ELION which offers great flexibility and enhanced control as well as it cuts down the cost in industrial automation. Due to its features such as accurate positioning and precision is being preferred by the users globally. This launch will help the company to  increase its revenue and to enhance its product portfolio in the market
  • In December 2018, IMI precision Engineering has developed its new technology in Ball Valves which is strictly in accordance with the standards and regulations by which it can be used in road rail vehicles. This new product can offer optimal performance in the temperatures ranging between -40°C to +85 °C. The product has solved the traditional problems. It is durable and preferred solution for the rail operators. This technology development will help the company to increase its revenue generation

Competitive Analysis

Global industrial valves and actuators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of industrial valves and actuators market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.

Major Market Players

Few of the major competitors currently working in global industrial valves and actuators market are Siemens, Baker Hughes, Honeywell International Inc., Emersion Electric Co., Bürkert , Pentair plc., Schlumberger Limited., Rotork, Flowserve Corporation, Watts Water Technologies, GWC Italia SpA, Eaton, Festo Corporation, Moog Inc., SMC Corporation, PARKER HANNIFIN CORP, Delta Pacific Supplies Inc, PetrolValves, Camtech Mannufacturing FZCO, Valvitalia SpA, ABB, Goodwin PLC, ALFA LAVAL, Velan Inc., and Curtiss-Wright among others.

Research Methodology: Global Industrial Valves and Actuators Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted 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 can drop down your enquiry.

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. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved


SKU-

Please fill in the below form for detailed Table of Content

Please fill in the below form for detailed List of Table

Please fill in the below form for detailed List of Figure

CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19