Global Actuator and Valves Market Size, Share, and Analysis, By Valve Type (Ball, Butterfly, and Globe), By Actuator Type (Hydraulics, Pneumatic, and Electric), By End-User (Oil & Gas, Power Generation, and Chemical), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Global Actuator and Valves Market Size, Share, and Analysis, By Valve Type (Ball, Butterfly, and Globe), By Actuator Type (Hydraulics, Pneumatic, and Electric), By End-User (Oil & Gas, Power Genera... もっと見る
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SummaryGlobal Actuator and Valves Market Size, Share, and Analysis, By Valve Type (Ball, Butterfly, and Globe), By Actuator Type (Hydraulics, Pneumatic, and Electric), By End-User (Oil & Gas, Power Generation, and Chemical), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034PRODUCT OVERVIEW Global Actuator and Valves Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 75.6 billion and is projected to reach USD 150.1 billion by the completion of 2034. Actuators are devices that convert mechanical energy into motion to operate or move a machine or building. They are widely used to modify or regulate the motion of parts in several industrial, automotive, and aerospace environments. They can be classified as mechanical, hydraulic, pneumatic, or electric, depending on the specific requirements of the application. On the other hand, valves are mechanical tools that are used for regulating the movement of fluids, such as liquids, gases, or slurries, by either opening, closing, or partially obstructing the pathway. They are crucial in pipelines, plumbing systems, industrial processes, and machinery. Moreover, various kinds of valves, such as gate valves, ball valves, butterfly valves, and globe valves, are available to meet the requirements of diverse flow control. Hence, valves have a crucial function in controlling the flow of substances to maintain safety and efficiency across systems. MARKET HIGHLIGHTS Global Actuators and Valves Market are projected to reach USD 150.1 billion over the forecast period, owing to swift industrialization and infrastructure development across the world. In addition, the increasing demand for automation and control systems across industries such as oil & gas, water & wastewater, power generation, and chemicals are major factors for the growing demand for actuators and valves. Moreover, guidelines related to safety and the environment are responsible for the high usage of advanced actuators and valve technologies. Furthermore, continuous progress in smart actuators and valve technology, along with sensors and digital control systems, are changing the dynamics of the market. Therefore, the global actuator and valves market is projected to rise shortly, due to a strong emphasis on improving operational efficiency and meeting regulatory standards. Global Actuator and Valves Market Segments: • By Valve Type o Ball o Butterfly o Globe • By Actuator Type o Hydraulics o Pneumatic o Electric • By End-User o Oil & Gas o Power Generation o Chemical MARKET DYNAMICS Growth Drivers Increasing Industrialization to Encourage Growth in the Global Actuator and Valves Market Developments in Automation Technologies Act as a Catalyst for Market Growth Restraint High Initial Investment and Maintenance Costs in the Global Actuator and Valves Market Will Impact the Growth Key Players • Emerson • Flowserve Corporation • Schlumberger Limited • Crane Co. • Neles • KITZ Corporation • IMI PLC • KSB SE & Co. KGaA • Honeywell International Inc. • AVK Holdings A/S • Tyco International Ltd. • Burkert Fluid Control Systems • Watts Water Technologies • Rotork plc • Parker Hannifin Corporation • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis) Global Laboratory Temperature Control Units Market is further segmented by region into: • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA Reasons to Purchase this Report • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors • Provision of market value (USD Billion) data for each segment and sub-segment • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis • Provides insight into the market through Value Chain • Market dynamics scenario, along with growth opportunities of the market in the years to come • 3-month post-sales analyst support. Table of Contents1. Executive Summary1.1.Regional Market Share 1.2. Business Trends 1.3.Global Actuator and Valves Market: COVID-19 Outbreak 1.4.Regional Trends 1.5. Segmentation Snapshot 2. Research Methodology 2.1. Research Objective 2.2.Research Approach 2.3.Data Sourcing and Methodology 2.4. Primary Research 2.5. Secondary Research 2.5.1. Paid Sources 2.5.2.Public Sources 2.6.Market Size Estimation and Data Triangulation 3. Market Characteristics 3.1. Market Definition 3.2.Global Actuator and Valves Market: COVID-19 Impact 3.3.Key Segmentations 3.4. Key Developments 3.5. Allied Industry Data 4. Global Actuator and Valves Market – Industry Insights 4.1.Industry Segmentation 4.2. COVID-19 overview of world economy 4.3. Industry Ecosystem Channel Analysis 4.4. Innovation & Sustainability 5. Macroeconomic Indicators 6. Recent Developments 7.Market Dynamics 7.1. Introduction 7.2.Growth Drivers 7.3.Market Opportunities 7.4. Market Restraints 7.5.Market Trends 8. Risk Analysis 9. Market Analysis 9.1. Porter's Five Forces 9.2.PEST Analysis 9.2.1. Political 9.2.2.Economic 9.2.3.Social 9.2.4.Technological 10. Global Actuator and Valves Market 10.1.Overview 10.2. Historical Analysis (2019-2022) 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast 11.Global Actuator and Valves Market Size & Forecast 2024A-2034F 11.1.Overview 11.2. Key Findings 11.3. Market Segmentation 11.3.1. By Valve Type 11.3.1.1. Ball 11.3.1.1.1. By Value (USD Million) 2024-2034F 11.3.1.1.2.Market Share (%) 2024-2034F 11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F 11.3.1.2.Butterfly 11.3.1.2.1.By Value (USD Million) 2024-2034F 11.3.1.2.2. Market Share (%) 2024-2034F 11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F 11.3.1.3.Globe 11.3.1.3.1.By Value (USD Million) 2024-2034F 11.3.1.3.2. Market Share (%) 2024-2034F 11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F 11.3.2. By Actuator Type 11.3.2.1.Hydraulics 11.3.2.1.1.By Value (USD Million) 2024-2034F 11.3.2.1.2. Market Share (%) 2024-2034F 11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F 11.3.2.2. Pneumatic 11.3.2.2.1. By Value (USD Million) 2024-2034F 11.3.2.2.2.Market Share (%) 2024-2034F 11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F 11.3.2.3. Electric 11.3.2.3.1. By Value (USD Million) 2024-2034F 11.3.2.3.2.Market Share (%) 2024-2034F 11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F 11.3.3. By End-User 11.3.3.1.Oil & Gas 11.3.3.1.1.By Value (USD Million) 2024-2034F 11.3.3.1.2. Market Share (%) 2024-2034F 11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F 11.3.3.2. Power Generation 11.3.3.2.1. By Value (USD Million) 2024-2034F 11.3.3.2.2.Market Share (%) 2024-2034F 11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F 11.3.3.3. Chemical 11.3.3.3.1. By Value (USD Million) 2024-2034F 11.3.3.3.2.Market Share (%) 2024-2034F 11.3.3.3.3.Y-o-Y Growth (%) 2024-2034F 12. North America Global Actuator and Valves Market Size & Forecast 2024A-2034F 12.1. Overview 12.2. Key Findings 12.3. Market Segmentation 12.3.1. By Valve Type 12.3.2.By Actuator Type 12.3.3.By End-User 12.4. Country 12.4.1.United States 12.4.2. Canada 13. Europe Global Actuator and Valves Market Size & Forecast 2024A-2034F 13.1. Overview 13.2. Key Findings 13.3. Market Segmentation 13.3.1. By Valve Type 13.3.2.By Actuator Type 13.3.3.By End-User 13.4. Country 13.4.1.Germany 13.4.2.United Kingdom 13.4.3.France 13.4.4. Italy 13.4.5.Spain 13.4.6.Russia 13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland) 14. Asia-Pacific Global Actuator and Valves Market Size & Forecast 2024A-2034F 14.1.Overview 14.2. Key Findings 14.3. Market Segmentation 14.3.1. By Valve Type 14.3.2.By Actuator Type 14.3.3.By End-User 14.4. Country 14.4.1. India 14.4.2.China 14.4.3. South Korea 14.4.4. Japan 14.4.5. Rest of APAC 15. Middle East and Africa Global Actuator and Valves Market Size & Forecast 2024A-2034F 15.1.Overview 15.2. Key Findings 15.3. Market Segmentation 15.3.1. By Valve Type 15.3.2.By Actuator Type 15.3.3.By End-User 15.4. Country 15.4.1.Israel 15.4.2. GCC 15.4.3. North Africa 15.4.4.South Africa 15.4.5. Rest of Middle East and Africa 16. Latin America Global Actuator and Valves Market Size & Forecast 2024A-2034F 16.1. Overview 16.2. Key Findings 16.3. Market Segmentation 16.3.1. By Valve Type 16.3.2.By Actuator Type 16.3.3.By End-User 16.4. Country 16.4.1. Mexico 16.4.2. Brazil 16.4.3. Rest of Latin America 17. Competitive Landscape 17.1. Company market share, 2023 17.2.Key player overview 17.3. Key stakeholders 18. Company Profiles 18.1.Emerson 18.1.1.Company Overview 18.1.2.Financial Overview 18.1.3.Key Product; Analysis 18.1.4.Company Assessment 18.1.4.1.Product Portfolio 18.1.4.2. Key Clients 18.1.4.3. Market Share 18.1.4.4. Recent News & Development (Last 3 Yrs.) 18.1.4.5. Executive Team 18.2. Flowserve Corporation 18.3. Schlumberger Limited 18.4. Crane Co. 18.5. Neles 18.6.KITZ Corporation 18.7.IMI PLC 18.8. KSB SE & Co. KGaA 18.9.Honeywell International Inc. 18.10.AVK Holdings A/S 18.11. Tyco International Ltd. 18.12.Burkert Fluid Control Systems 18.13.Watts Water Technologies 18.14.Rotork plc 18.15.Parker Hannifin Corporation 18.16.Other Prominent Players 19. Appendix 20.Consultant Recommendation
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