This report describes the global market size of Actuators And Valves Market from 2018 to 2022 and its CAGR from 2018 to 2022, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.1% from 2023 to 2030.
Actuators: Actuators are devices that convert energy into motion to control the movement of a machine or system.
Valves: Valves are devices that control the flow of fluids to open, close, or regulate the flow of fluids in a system.
Actuators and valves are often used together in machines and systems to precisely control the movement of fluids.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Actuators And Valves Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.1% during the forecast period 2023-2030. North American market for Actuators And Valves Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Actuators And Valves Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
Actuators can also be categorized based on the motion they generate, with distinctions between linear actuators that yield linear motion and rotary actuators that generate rotational motion. Linear actuators find common application in tasks like moving machine components, regulating valve openings and closures, and altering mirror positions. Conversely, rotary actuators find utility in tasks involving gear and wheel rotation. Furthermore, actuators can be sorted based on the control system employed for their operation. For instance, certain actuators may employ a basic on/off control mechanism, while others may leverage a more sophisticated system enabling meticulous regulation of the actuator's motion.
Oil & Gas
Paper & Pulp
Water & Wastewater
Food & Beverages
Energy & Power
Chemicals & CPI
Pharma & Life Sciences
Microelectronics & Semiconductors
Categorized by their usage, the market for actuators and valves is segmented into various sectors, including oil and gas, paper and pulp, mining, water and wastewater, food and beverages, energy and power, automotive, chemicals and CPI (Chemicals, Petrochemicals, and Ingredients), pharmaceuticals and life sciences, healthcare, and microelectronics and semiconductors. In 2021, the leading position in terms of revenue within the actuators and valves market was held by the oil and gas segment, a trend projected to persist as it gains a significant share of the market by 2031.
Middle East & Africa
Examining regional patterns, trends within the actuators and valves market are scrutinized across different regions: North America (comprising the U.S., Canada, and Mexico), Europe (encompassing the UK, Germany, France, and the rest of Europe), Asia-Pacific (including China, Japan, India, South Korea, and the broader Asia-Pacific region), and LAMEA (encompassing Latin America, the Middle East, and Africa). Notably, Europe and North America persist as significant participants in the projected trajectory of the actuators and valves market. Particularly, North America holds a prominent position, largely attributed to the expansion of oil and gas production within the actuators and valves market. The active growth of unconventional oil and gas activities, such as shale gas extraction, alongside the development of domestic and commercial infrastructure, has driven an upsurge in the demand for control valves across North America.
General Electric Company
METSO OYJ(NELES OYJ)
Emerson Electric Co.(PENTAIR VALVES)
Crane Holdings Co.,
Other Key players
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
Any special requirements about this report, please let us know and we can provide custom report.