- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025
Progressive Markets published a report, Actuators & Valves Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025, which says that the actuators & valves market is expected to reach $127,129 million in 2025, growing at a CAGR of 5.23% during the forecast period, 2018-2025.
Actuators & valves find application in controlling the flow of fluids through pipelines which are used in power plants, wastewater treatment plants, refineries, mining & nuclear processes, and food factories. They also control the rate, volume, pressure, or the direction of fluids. They are of utmost importance in the manufacturing and processing industries. Moreover, they play a prime role in applications such as oil & gas, paper & pulp, energy & power, automotive, chemical, iron & steel, and construction.
Market Drivers and Restraints:
The report discusses the drivers and restraints that affect the actuators & valves market. The industry is growing due to the swiftly growing manufacturing and processing industry sector, safety assurance, and less requirement of manual handling. In addition, technological advancements in the actuators & valves technology and decline in prices are likely to provide an impetus to the growth of the market. On the other hand, high maintenance cost associated with actuators and valves and their laborious installation in certain conditions are expected to limit the growth of the actuators & valves industry.
The report analyzes the actuators & valves market based on its segmentation. The industry is fragmented into type, application, and geography. By type, the industry is divided into actuators and valves. The actuators segment is again divided into electric actuators, mechanical actuators, pneumatic actuators, and hydraulic actuators. The valves segment is divided into quarter-turn valves, multi-turn valves, and control valves. By application, the market is segmented into oil and gas, paper and pulp, mining, water and wastewater, food & beverages, energy and power, automotive, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and the LAMEA. In North America, the market study covers the U.S., Canada, and Mexico. The actuators & valves market analysis in the European region covers Germany, UK, France, Italy, and the rest of Europe. The market analysis in the Asia-Pacific region includes China, Japan, South Korea, Singapore, and the rest of Asia-Pacific. In LAMEA, the study covers Brazil, Argentina, South Africa, UAE, Saudi Arabia, Chile, and others.
Key Market Players:
The actuators & valves market report discusses the emerging players operating in the industry and elaborates on their details. The key players include General Electric, Flowserve Corporation, Rotork, Siemens AG, Emerson Electric Co., Honeywell International Inc, Schlumberger Limited, Pentair Plc., Christian Brkert GmbH & Co. KG, and Watts Water Technologies, Inc. The report covers details about their financial and business segments, recent developments, and much more.
Key Benefits from the Report:
The study provides an in-depth analysis of the entire actuators & valves industry. It focuses on the various analyses including actuators & valves market size, Porters Five Forces Analysis, market share analysis, actuators & valves market trends, actuators & valves market outlook market dynamics, market statistics, market forecast key market segments, and company profiles. The report is a useful tool for market players, investors, and new entrants as it helps them take strategic decisions to achieve long-term business goals. The market size helps determine the market potential in the geographical areas mentioned. The actuators & valves market share explains how the market players are performing as compared to their competitors. The drivers and restraints help determine the rise and fall of the industry. The actuators & valves market forecast is based on the current and past market trends. The actuators & valves industry statistics and graphs add further clarity to the content of the market report. The Porters analysis helps explain the competition level within the industry with the help of the five forces such as the bargaining power of buyers, bargaining power of suppliers, the threat from substitutes, threat of new entrants, and industry rivalry. The report also includes details about the key players operating in the actuators & valves market.
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