Semiconductor and Electronics

Actuators & Valves Market by Type (Actuators and Valves) and Application (Oil & Gas, Paper & Pulp, Mining, Water & Wastewater, Food & Beverages, Energy & Power, Automotive, and Others) - Global Opportunity Analysis and Industry Forecasts, 2014-2022

  • ALL1552385
  • 286 Pages
  • August 2017
  • Semiconductor and Electronics

The global actuators & valves market is anticipated to register a CAGR of 6.3% to attain a market size of around $125 billion by 2022. Actuators & valves are used in various industries to regulate and direct the flow of fluids during various processes. A valve is a device that regulates or controls the flow of a fluid (gases, liquids, or slurries) by opening, closing, or partially blocking various tubes, whereas an actuator is responsible for moving or adjusting a valve. The valve regulates the rate of fluid flow as the position of valve plug or disk is changed by the force from the actuators. Actuators & valves are applicable in various end use industries such as water & wastewater treatment, food & beverage, oil & gas, refining, paper & pulp, mining, chemical, healthcare, marine, energy, and construction.

Growth in water and wastewater treatment industry due to increase in demand for potable water, increase in safety measurements in industries, and the use of technological advanced processing methods are the key drivers for the growth of global actuators and valves market. However, assembly, start-up, and maintenance of actuators & valves require large space, which act as restraints for the market growth. The oil & gas industry is one of the major users of actuators & valves. The rise in exploration and production of oil & gas in Middle East and Asia-Pacific is expected to provide lucrative opportunity for the market.

The global actuators & valves market is segmented based on type, application, and geography. On the basis of type, the market is divided into actuators and valves. Actuators are further classified as electric actuators, mechanical actuators, pneumatic actuators, and hydraulic actuators; and valves are classified as quarter-turn valves, multi-turn valves, and control valves. By application, the market is categorized into oil & gas, paper & pulp, mining, water & waste water, food & beverages, energy & power, automotive, and others (chemical, iron & steel, and construction). Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Major companies profiled in the report include Honeywell International Inc, Emerson Electric Co., Flowserve Corporation, Pentair Plc., General Electric, Rotork, Siemens AG, Christian Bürkert GmbH & Co. KG, Schlumberger Limited, and Watts Water Technologies, Inc.

Potential Benefits for Stakeholders

  • Comprehensive analysis of the current trends and future estimations in the global actuators & valves market is provided.
  • The report offers a competitive scenario of the market with growth trends, structure, drivers, scope, opportunities, and challenges.
  • It includes a detailed analysis of the key segments to provide insights on market dynamics.
  • Porter’s Five Forces analysis highlights the potential of buyers and suppliers as well as the competitive structure of the market to devise effective growth strategies and facilitate better decision-making.
  • Value chain analysis provides key inputs on the role of stakeholders involved at various stages.

MARKET SEGMENTATION

The global actuators and valves market is segmented on the basis of type, application, and geography.

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 & Gas
  • Paper & Pulp
  • Mining
  • Water & Wastewater
  • Food & Beverages
  • Energy & Power
  • Automotive
  • Others (Chemical, Iron & Steel, and Construction)

By Geography

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Honeywell International Inc.
  • Emerson Electric Co.
  • Flowserve Corporation
  • Pentair Plc.
  • General Electric
  • Rotork
  • Siemens AG
  • Bürkert GmbH & Co. KG
  • Schlumberger Limited
  • Watts Water Technologies, Inc.

Other players in the value chain include (profiles not included in the report):

  • AVK Holding A/S
  • Crane Co.
  • KSB Group
  • Weir Group PLC.
  • Velan Inc.
  • Valvitalia Group S.p.A.
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