According to our (Global Info Research) latest study, the global Electric Valve Actuators market size was valued at USD 2538.2 million in 2022 and is forecast to a readjusted size of USD 3145.2 million by 2029 with a CAGR of 3.1% during review period.
An electric valve actuator is an actuator that provides linear or rotary motion, which uses electrical drive energy and works under some kind of control signal. The basic actuator is used to drive the valve to the fully open or fully closed position, and the actuator for control valves is capable of precisely moving the valve to any position.
Global core electric valve actuators manufacturers include Rotork, Auma etc.The top 5 companies hold a share about 60%. North America is the largest market, with a share about 24%, followed by Asia Pacific and Europe with the share both about 23%. In terms of product, multi-turn electric actuator is the largest segment, with a share over 55%. And in terms of application, the largest application is oil & gas, followed by general industries.
The Global Info Research report includes an overview of the development of the Electric Valve Actuators industry chain, the market status of Oil & Gas (Linear Electric Actuator, Multi-turn Electric Actuator), General Industries (Linear Electric Actuator, Multi-turn Electric Actuator), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Valve Actuators.
Regionally, the report analyzes the Electric Valve Actuators markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Valve Actuators market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Valve Actuators market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Valve Actuators industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Linear Electric Actuator, Multi-turn Electric Actuator).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Valve Actuators market.
Regional Analysis: The report involves examining the Electric Valve Actuators market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Valve Actuators market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Valve Actuators:
Company Analysis: Report covers individual Electric Valve Actuators manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Valve Actuators This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Oil & Gas, General Industries).
Technology Analysis: Report covers specific technologies relevant to Electric Valve Actuators. It assesses the current state, advancements, and potential future developments in Electric Valve Actuators areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Valve Actuators market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Valve Actuators market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator
Market segment by Application
Oil & Gas
General Industries
Power
Water
Other
Major players covered
Rotork
Auma
Emerson
Flowserve
ABB
BERNARD
Chuanyi Automation
CDF
Schiebel
SAIC
Raga
Nihon Koso
Soupaishi Automation Technology
Koei Industry
Tomoe
Hengchun
PS Automation
Tefulong
Aotuo Ke
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Valve Actuators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Valve Actuators, with price, sales, revenue and global market share of Electric Valve Actuators from 2018 to 2023.
Chapter 3, the Electric Valve Actuators competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Valve Actuators breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electric Valve Actuators market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Valve Actuators.
Chapter 14 and 15, to describe Electric Valve Actuators sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electric Valve Actuators. Industry analysis & Market Report on Electric Valve Actuators is a syndicated market report, published as Global Electric Valve Actuators Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Electric Valve Actuators market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.