Industrial Valves and Actuators Market Size to grow by USD 17,005.57 million from 2022 to 2027, Driven by the increasing investments in modernizing industrial facilities

Jul 31, 2023

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03 Apr, 2023, 21:30 ET

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NEW YORK, April 3, 2023 /PRNewswire/ -- The industrial valves and actuators market size is estimated to increase by USD 17,005.57 million from 2022 to 2027. The market will progress at a CAGR of 5% during the forecast period, according to a recent market study by Technavio. The growth of the market is driven by increasing investments in modernizing industrial facilities. Modernizing plant facilities to incorporate automation becomes an essential aspect of any manufacturing process. The emerging trends in automation, such as 3D simulation, will shape the competitive landscape of the global industrial sector. Present-day manufacturers allocate a reasonable share of their annual budgets behind technologies that can modernize the manufacturing setup, yielding faster and better returns in the future. The growing applications to enhance fluid flow control and flow volume regulation stress the need for valves and actuators in various industries. Discover some insights on the market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report

Industrial valves and actuators market – Vendor AnalysisVendor Landscape - The global industrial valves and actuators market is fragmented with the presence of several global as well as regional vendors. A few prominent vendors that offer industrial valves and actuators in the market are ABB Ltd., ACTUATECH Spa, AUMA Riester GmbH and Co. KG, Automation Technology Inc., AVK Holding AS, BOMAFA Armaturen GmbH, EBRO ARMATUREN Gebr Broer GmbH, Emerson Electric Co., Flowserve Corp., General Electric Co., Georg Fischer AG, Honeywell International Inc., MRC Global Inc., Rotork Plc, SAMSON AG, The Weir Group Plc, Velan Inc., WAMGROUP Spa, Schlumberger Ltd., and Danfoss AS and others.

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Vendor Offerings -

Industrial Valves And Actuators Market - Segmentation Assessment

Segment OverviewTechnavio has segmented the market based on the product (industrial quarter-turn valves, multi-turn valves, industrial control valves, and industrial actuators), end-user (chemical and petroleum industry, water and wastewater industry, power industry, mining and minerals industry, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America).

Geography OverviewBy geography, the global industrial valves and actuators market is segmented into APAC, Europe, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global industrial valves and actuators market.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Industrial Valves And Actuators Market – Market Dynamics

Key Trends -

Major challenges -

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

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Industrial Valves And Actuators Market Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.63%

Market growth 2023-2027

USD 17,005.57 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.41

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 43%

Key countries

US, China, Japan, UK, and France, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., ACTUATECH Spa, AUMA Riester GmbH and Co. KG, Automation Technology Inc., AVK Holding AS, BOMAFA Armaturen GmbH, EBRO ARMATUREN Gebr Broer GmbH, Emerson Electric Co., Flowserve Corp., General Electric Co., Georg Fischer AG, Honeywell International Inc., MRC Global Inc., Rotork Plc, SAMSON AG, The Weir Group Plc, Velan Inc., WAMGROUP Spa, Schlumberger Ltd., and Danfoss AS

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio