Global Valves, Actuators and Positioners Market – Industry Trends and Forecast to 2030

Global Valves, Actuators and Positioners Market, By Valves Type (Directional Control Valves, Pneumatic Valves, Solenoid Valves, Others), Positioner Type (Pneumatic Positioner, Electro-Pneumatic Positioner, Electric Valve Positioners, Digital), Function (Isolation, Non- Return, Special, Others), End- User Industry (Aerospace and Defence, Automobile, Oil & Gas, Mining, Steel, Railways, Water and Waste Water Management, Chemical Industry, Pulp and Paper, Food & Beverage, Power Generation, Pharmaceuticals, Marine, Biotechnology, Cement, Healthcare, Textile, Agriculture, Other) – Industry Trends and Forecast to 2030.

Valves, Actuators and Positioners Market Analysis and Size

The valves, actuators, and positioners market refers to the industry involved in producing, distributing, and maintaining valves, actuators, and positioners used in various industrial applications. These components are essential in controlling the flow of fluids, gases, and other substances in pipelines, process industries, and manufacturing plants.                  

Data Bridge Market Research analyses that the valves, actuators and positioners market which was USD 1,600 million in 2022, would rocket up to USD 2,300 million by 2030 and is expected to undergo a CAGR of 8.3% during the forecast period. "Oil & gas" segment dominates because in the function segment as this is the largest end-user industry in the market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Valves, Actuators and Positioners Market Scope and Segmentation

Market Definition

The global valves, actuators and positioners market refers to the industry segment that involves producing, distributing, and utilizing valves, actuators, and positioners used in various industrial applications. It encompasses the range of products and services related to controlling and regulating fluid flow in industrial processes. Valves, in this context, are mechanical devices that control the flow of fluids by opening, closing, or modulating the passage. Actuators are devices responsible for converting control signals into physical motion to automate the operation of valves. They provide the necessary force or torque to actuate the valve and control its position. Positioners, on the other hand, work in conjunction with actuators to precisely control and adjust the position of the valve based on input signals from a control system.

Global Valves, Actuators and Positioners Market

Drivers

• Increasing Infrastructure Development

Increasing investments in infrastructure projects, such as water supply and treatment plants, power plants, refineries, and pipeline networks, create a significant demand for valves, actuators, and positioners. These components are essential for controlling the flow and pressure of fluids and gases in these facilities.

• Technological Advancements

Advancements in valve, actuator, and positioner technologies contribute to market growth. These advancements include the development of smart valves, digital actuators, and advanced positioners that offer improved accuracy, reliability, and control. Technological innovations drive the adoption of these components in various industries.

• Growing safety and regulatory compliance

Safety regulations and standards in oil and gas, chemical, and nuclear power industries require reliable and high-performance valves, actuators, and positioners. Compliance with these regulations drives the demand for technologically advanced and safety-certified components.

Opportunity

• Adaptation of strategies and trends

The global valves, actuators and positioners market offers many opportunities driven by industrial automation, energy efficiency, emerging markets, upgrades and replacements, IOT integration, environmental regulations, technological advancements, and more. Companies that understand these trends and adapt their strategies accordingly can position themselves for growth in this dynamic market.

Restraints/Challenges

Economic fluctuations, recessions, and uncertain market conditions can impact investment decisions and lead to reduced spending on industrial infrastructure projects. During periods of economic uncertainty, industries may postpone or scale back their investments, affecting the demand for valves, actuators, and positioners are projected to challenge the market in the forecast period of 2023-2030.

The valves, actuators, and positioners market is highly competitive, with numerous manufacturers and suppliers operating globally. Intense competition can lead to price wars, reduced profit margins, and challenges in differentiating products. Companies need to develop unique value propositions and establish strong customer relationships to thrive in a competitive environment. To gain more info on the valves, actuators and positioners market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In February 2023, Baker Hughes was awarded a major subsea contract with Azule Energy for the Agogo oilfield offshore of Angola, marking the first new Greenfield project in the region in over five years. This contract showcases Baker Hughes' local manufacturing capabilities, innovative subsea control system technology, and commitment to supporting Angola's energy industry growth
• In September 2022, ABB's US$13 million investment in its Quebec manufacturing facility reflected its commitment to expanding its presence in Canada and meeting the growing demand from sectors such as data centers. This strategic move aligns with ABB's five-year plan to enhance operations, drive innovation, and deliver smart and sustainable solutions to customers globally.

Global Valves, Actuators and Positioners Market Scope

The valves, actuators and positioners market is segmented on the basis of valves type, positioner type, function, and end-user industry. The growth amongst these segments will help you analyse meagre 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.

Valves Type

• Directional Control Valves
• Pneumatic Valves
• Solenoid Valves
• Others

Positioner Type

• Pneumatic Positioner
• Electro-Pneumatic Positioner
• Electric Valve Positioners
• Digital

Function

• Isolation
• Non- Return
• Special
• Others

End-User Industry

• Aerospace and Defense
• Automobile
• Oil & Gas
• Mining
• Steel
• Railways
• Water and Waste Water Management
• Chemical Industry
• Pulp and Paper
• Food & Beverage
• Power Generation
• Pharmaceuticals
• Marine
• Biotechnology
• Cement
• Healthcare
• Textile
• Agriculture
• Other

Valves, Actuators and Positioners Market Regional Analysis/Insights

The valves, actuators and positioners market is analysed and market size insights and trends are provided by country, valves type, positioner type, function, and end-user industry as referenced above.

The countries covered in the valves, actuators and positioners 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, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, 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 valves, actuators, and positioners market because of its advanced technological infrastructure, high adoption of smart city initiatives, strong presence of major players in the market, and rising number of research activities in this region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to rapid urbanization, increasing infrastructure development, and the adoption of advanced technologies in countries like China, Japan, and India. The region's expanding automotive and consumer electronics industries also contribute to the growing demand for infrared valves, actuators, and positioners solutions. Furthermore, favorable government initiatives and investments in smart city projects further drive market growth in the Asia-Pacific region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, 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, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Valves, Actuators and Positioners Infrastructure growth Installed base and New Technology Penetration

The valves, actuators and positioners market also provides you with detailed market analysis for every country growth in technology expenditure for capital equipment, installed base of different kind of products for valves, actuators and positioners market, impact of technology using life line curves and changes in valves, actuators and positioners regulatory scenarios and their impact on the valves, actuators and positioners market. The data is available for historic period 2015-2020.

Competitive Landscape and Valves, Actuators and Positioners Market Share Analysis

The valves, actuators and positioners market competitive landscape provides details by competitor. Details included are 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, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the valves, actuators and positioners market are:

• Siemens (Germany)
• Baker Hughes (U.S.)
• Honeywell International Inc (U.S.)
• Emersion Electric Co (U.S.)
• Bürkert (Germany)
• Pentair plc (U.S.)
• Schlumberger Limited (U.S.)
• Rotork (U.K.)
• Flowserve Corporation (U.S.)
• Watts Water Technologies (U.S.)
• Eaton (Ireland)
• Festo Corporation (Germany)
• Moog Inc (U.S.)
• SMC Corporation (Japan)
• PARKER HANNIFIN CORP (U.S.)
• Delta Pacific Supplies Inc (U.S.)
• PetrolValves (Italy)
• ABB (Switzerland)
• Goodwin PLC (U.K.)
• ALFA LAVAL (Sweden)
• Velan Inc (Canada)
• Curtiss-Wright (U.S.)
• Valvitalia SpA (Italy)