Global Valves and Actuators Market Forecast: Industry Size, Growth and Analysis Insights
Report ID : 1375110 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Valves And Actuators Market is categorized based on Type (Ball Valves, Gate Valves, Globe Valves, Check Valves, Butterfly Valves) and Actuation Type (Electric Actuators, Pneumatic Actuators, Hydraulic Actuators, Manual Actuators) and End-Use Industry (Oil & Gas, Water & Wastewater, Power Generation, Chemical, Food & Beverage) and Material (Metal, Plastic, Ceramic, Composite) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Estimated at $60 billion in 2023, the Valves And Actuators Market size is forecasted to reach $90 billion by 2033, exhibiting a CAGR of 4.3% between 2024 and 2033. The report includes various segments and analyzes key trends and factors that play a significant role in the market.
There is constant control over the valves and actuators that regulate the flow and movement of fluid and gas in diverse applications, which greatly impacts industries across the board. As industries expand, the building of new technologically advanced and cost efficient valves and actuators have skyrocketed in the market. These components are essential in the operation of precision-heavy sectors such as oil and gas, water treatment, chemicals, power generation, etc. They significantly enhance productivity and operational efficiency by aiding in the automation of processes.
Smart manufacturing and IoT adoption have accelerated the growth of the intelligent valves and actuator market alongside increased focus on infrastructure investment. The introduction of intelligent components that offer remote monitoring and control further supplements the need to optimize costs in business operations. The rapid growth offers unlimited opportunities to the stakeholders while posing difficulties in meeting evolving regulations, environmental requirements, and sustainable solutions.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Emerson Electric Co., Cameron International Corporation, Flowserve Corporation, Honeywell International Inc., Kitz Corporation, Parker Hannifin Corporation, Schneider Electric SE, Siemens AG, Valmet Corporation, Pentair plc, Crane Co. |
| SEGMENTS COVERED |
By Type - Ball Valves, Gate Valves, Globe Valves, Check Valves, Butterfly Valves
By Actuation Type - Electric Actuators, Pneumatic Actuators, Hydraulic Actuators, Manual Actuators
By End-Use Industry - Oil & Gas, Water & Wastewater, Power Generation, Chemical, Food & Beverage
By Material - Metal, Plastic, Ceramic, Composite
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Valves And Actuators Market Dynamics
The Valves And Actuators Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Valves And Actuators Market Segmentations
Market Breakup by Type
- Overview
- Ball Valves
- Gate Valves
- Globe Valves
- Check Valves
- Butterfly Valves
Market Breakup by Actuation Type
- Overview
- Electric Actuators
- Pneumatic Actuators
- Hydraulic Actuators
- Manual Actuators
Market Breakup by End-Use Industry
- Overview
- Oil & Gas
- Water & Wastewater
- Power Generation
- Chemical
- Food & Beverage
Market Breakup by Material
- Overview
- Metal
- Plastic
- Ceramic
- Composite
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Valves And Actuators Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Emerson Electric Co.
- Cameron International Corporation
- Flowserve Corporation
- Honeywell International Inc.
- Kitz Corporation
- Parker Hannifin Corporation
- Schneider Electric SE
- Siemens AG
- Valmet Corporation
- Pentair plc
- Crane Co.
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Company Profiling
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