Product Code: A01458
The global actuators and valves market was valued at $104,519.8 million in 2021, and is projected to reach $204,634.64 million by 2031, registering a CAGR of 7.13% from 2022 to 2031.
An actuator is a device that converts energy into mechanical movement in order to control a valve or other mechanical device. A valve is a mechanical device that controls the flow of fluid or gas through a pipe or duct. Actuators and valves are often used together in industrial and mechanical systems to control the flow of fluids or gases and regulate pressure. Valves can be operated manually, by turning a handle or knob, or they can be controlled automatically by actuators. Some valves can also be controlled remotely by a control system.
The market for actuators and valves is expected to experience considerable growth over the course of the forecast period as a result of the development of the water and wastewater treatment industry, tightening workplace safety requirements, and the adoption of cutting-edge processing methods. Additionally, it is projected that the market for actuators and valves would gain significantly from the growing use of robotics in this sector during the forecast period. On the other hand, throughout the projected period, a lack of product differentiation will restrain the growth of the actuators and valves market.
The actuators and valves market is segmented on the basis of application, type and region. On the basis of application, the market is divided into oil and gas, paper and pulp, mining, water and wastewater, food and beverages, energy and power, automotive, Chemicals and CPI, pharma and life sciences, healthcare, and microelectronics and semiconductors. Based on type, the market is segregated into actuators, and valves. Based on Actuators, it is further bifurcated by actuator types and it includes electrical actuators, mechanical actuators, hydraulic actuators, and pneumatic actuators. Based on Valves the market is further bifurcated in to by valves material and it includes cast iron, alloys, plastic and steel.
Region-wise, the Actuators and Valves Market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Europe and North America remain significant participants in the actuators and valves market).
The key players that operate in the market include: Crane Holdings, Co., Emerson Electric Co. (PENTAIR VALVES), Flowserve Corporation, General Electric Company, IMI plc, KITZ CORPORATION, METSO OYJ (NELES OYJ), PARKER-HANNIFIN CORPORATION, Rotork plc, and SLB.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the actuators and valves market analysis from 2021 to 2031 to identify the prevailing actuators and valves market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the actuators and valves market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global actuators and valves market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Oil and Gas
- Paper and Pulp
- Mining
- Water and Wastewater
- Food and Beverages
- Energy and Power
- Automotive
- Chemicals and CPI
- Pharma and Life Sciences
- Healthcare
- Microelectronics and Semiconductors
By Type
- Actuators
- Actuators Type
- Electrical Actuators
- Mechanical Actuators
- Hydraulic Actuators
- Pneumatic Actuators
- Valves
- Material
- Cast Iron
- Alloys
- Plastic
- Steel
By Region
- North America
- 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 Market Players
- General Electric Company
- IMI plc
- Crane Holdings, Co.
- Flowserve Corporation
- METSO OYJ (NELES OYJ)
- SLB
- Emerson Electric Co. (PENTAIR VALVES)
- Rotork plc
- KITZ CORPORATION
- Parker-Hannifin Corporation
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growth in water and wastewater treatment industry.
- 3.4.1.2. Increase in safety measurements in industries.
- 3.4.1.3. Technologically advanced processing methods
- 3.4.2. Restraints
- 3.4.2.1. Lack of product differentiation.
- 3.4.3. Opportunities
- 3.4.3.1. Increase in adoption of robotics.
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: ACTUATORS AND VALVES MARKET, BY APPLICATION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Oil and Gas
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Paper and Pulp
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Mining
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Water and Wastewater
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Food and Beverages
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Energy and Power
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
- 4.8. Automotive
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
- 4.9. Chemicals and CPI
- 4.9.1. Key market trends, growth factors and opportunities
- 4.9.2. Market size and forecast, by region
- 4.9.3. Market share analysis by country
- 4.10. Pharma and Life Sciences
- 4.10.1. Key market trends, growth factors and opportunities
- 4.10.2. Market size and forecast, by region
- 4.10.3. Market share analysis by country
- 4.11. Healthcare
- 4.11.1. Key market trends, growth factors and opportunities
- 4.11.2. Market size and forecast, by region
- 4.11.3. Market share analysis by country
- 4.12. Microelectronics and Semiconductors
- 4.12.1. Key market trends, growth factors and opportunities
- 4.12.2. Market size and forecast, by region
- 4.12.3. Market share analysis by country
CHAPTER 5: ACTUATORS AND VALVES MARKET, BY TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Actuators
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.2.4. Actuators Actuators And Valves Market by Actuators Type
- 5.2.4.1. Electrical Actuators Market size and forecast, by region
- 5.2.4.2. Electrical Actuators Market size and forecast, by country
- 5.2.4.3. Mechanical Actuators Market size and forecast, by region
- 5.2.4.4. Mechanical Actuators Market size and forecast, by country
- 5.2.4.5. Hydraulic Actuators Market size and forecast, by region
- 5.2.4.6. Hydraulic Actuators Market size and forecast, by country
- 5.2.4.7. Pneumatic Actuators Market size and forecast, by region
- 5.2.4.8. Pneumatic Actuators Market size and forecast, by country
- 5.3. Valves
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.3.4. Valves Actuators And Valves Market by Material
- 5.3.4.1. Cast Iron Market size and forecast, by region
- 5.3.4.2. Cast Iron Market size and forecast, by country
- 5.3.4.3. Alloys Market size and forecast, by region
- 5.3.4.4. Alloys Market size and forecast, by country
- 5.3.4.5. Plastic Market size and forecast, by region
- 5.3.4.6. Plastic Market size and forecast, by country
- 5.3.4.7. Steel Market size and forecast, by region
- 5.3.4.8. Steel Market size and forecast, by country
CHAPTER 6: ACTUATORS AND VALVES MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Application
- 6.2.3. Market size and forecast, by Type
- 6.2.3.1. North America Actuators Actuators And Valves Market by Actuators Type
- 6.2.3.2. North America Valves Actuators And Valves Market by Material
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Key market trends, growth factors and opportunities
- 6.2.4.1.2. Market size and forecast, by Application
- 6.2.4.1.3. Market size and forecast, by Type
- 6.2.4.1.3.1. U.S. Actuators Actuators And Valves Market by Actuators Type
- 6.2.4.1.3.2. U.S. Valves Actuators And Valves Market by Material
- 6.2.4.2. Canada
- 6.2.4.2.1. Key market trends, growth factors and opportunities
- 6.2.4.2.2. Market size and forecast, by Application
- 6.2.4.2.3. Market size and forecast, by Type
- 6.2.4.2.3.1. Canada Actuators Actuators And Valves Market by Actuators Type
- 6.2.4.2.3.2. Canada Valves Actuators And Valves Market by Material
- 6.2.4.3. Mexico
- 6.2.4.3.1. Key market trends, growth factors and opportunities
- 6.2.4.3.2. Market size and forecast, by Application
- 6.2.4.3.3. Market size and forecast, by Type
- 6.2.4.3.3.1. Mexico Actuators Actuators And Valves Market by Actuators Type
- 6.2.4.3.3.2. Mexico Valves Actuators And Valves Market by Material
- 6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Application
- 6.3.3. Market size and forecast, by Type
- 6.3.3.1. Europe Actuators Actuators And Valves Market by Actuators Type
- 6.3.3.2. Europe Valves Actuators And Valves Market by Material
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. UK
- 6.3.4.1.1. Key market trends, growth factors and opportunities
- 6.3.4.1.2. Market size and forecast, by Application
- 6.3.4.1.3. Market size and forecast, by Type
- 6.3.4.1.3.1. UK Actuators Actuators And Valves Market by Actuators Type
- 6.3.4.1.3.2. UK Valves Actuators And Valves Market by Material
- 6.3.4.2. Germany
- 6.3.4.2.1. Key market trends, growth factors and opportunities
- 6.3.4.2.2. Market size and forecast, by Application
- 6.3.4.2.3. Market size and forecast, by Type
- 6.3.4.2.3.1. Germany Actuators Actuators And Valves Market by Actuators Type
- 6.3.4.2.3.2. Germany Valves Actuators And Valves Market by Material
- 6.3.4.3. France
- 6.3.4.3.1. Key market trends, growth factors and opportunities
- 6.3.4.3.2. Market size and forecast, by Application
- 6.3.4.3.3. Market size and forecast, by Type
- 6.3.4.3.3.1. France Actuators Actuators And Valves Market by Actuators Type
- 6.3.4.3.3.2. France Valves Actuators And Valves Market by Material
- 6.3.4.4. Rest of Europe
- 6.3.4.4.1. Key market trends, growth factors and opportunities
- 6.3.4.4.2. Market size and forecast, by Application
- 6.3.4.4.3. Market size and forecast, by Type
- 6.3.4.4.3.1. Rest of Europe Actuators Actuators And Valves Market by Actuators Type
- 6.3.4.4.3.2. Rest of Europe Valves Actuators And Valves Market by Material
- 6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Application
- 6.4.3. Market size and forecast, by Type
- 6.4.3.1. Asia-Pacific Actuators Actuators And Valves Market by Actuators Type
- 6.4.3.2. Asia-Pacific Valves Actuators And Valves Market by Material
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Key market trends, growth factors and opportunities
- 6.4.4.1.2. Market size and forecast, by Application
- 6.4.4.1.3. Market size and forecast, by Type
- 6.4.4.1.3.1. China Actuators Actuators And Valves Market by Actuators Type
- 6.4.4.1.3.2. China Valves Actuators And Valves Market by Material
- 6.4.4.2. Japan
- 6.4.4.2.1. Key market trends, growth factors and opportunities
- 6.4.4.2.2. Market size and forecast, by Application
- 6.4.4.2.3. Market size and forecast, by Type
- 6.4.4.2.3.1. Japan Actuators Actuators And Valves Market by Actuators Type
- 6.4.4.2.3.2. Japan Valves Actuators And Valves Market by Material
- 6.4.4.3. India
- 6.4.4.3.1. Key market trends, growth factors and opportunities
- 6.4.4.3.2. Market size and forecast, by Application
- 6.4.4.3.3. Market size and forecast, by Type
- 6.4.4.3.3.1. India Actuators Actuators And Valves Market by Actuators Type
- 6.4.4.3.3.2. India Valves Actuators And Valves Market by Material
- 6.4.4.4. South Korea
- 6.4.4.4.1. Key market trends, growth factors and opportunities
- 6.4.4.4.2. Market size and forecast, by Application
- 6.4.4.4.3. Market size and forecast, by Type
- 6.4.4.4.3.1. South Korea Actuators Actuators And Valves Market by Actuators Type
- 6.4.4.4.3.2. South Korea Valves Actuators And Valves Market by Material
- 6.4.4.5. Rest of Asia-Pacific
- 6.4.4.5.1. Key market trends, growth factors and opportunities
- 6.4.4.5.2. Market size and forecast, by Application
- 6.4.4.5.3. Market size and forecast, by Type
- 6.4.4.5.3.1. Rest of Asia-Pacific Actuators Actuators And Valves Market by Actuators Type
- 6.4.4.5.3.2. Rest of Asia-Pacific Valves Actuators And Valves Market by Material
- 6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Application
- 6.5.3. Market size and forecast, by Type
- 6.5.3.1. LAMEA Actuators Actuators And Valves Market by Actuators Type
- 6.5.3.2. LAMEA Valves Actuators And Valves Market by Material
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Latin America
- 6.5.4.1.1. Key market trends, growth factors and opportunities
- 6.5.4.1.2. Market size and forecast, by Application
- 6.5.4.1.3. Market size and forecast, by Type
- 6.5.4.1.3.1. Latin America Actuators Actuators And Valves Market by Actuators Type
- 6.5.4.1.3.2. Latin America Valves Actuators And Valves Market by Material
- 6.5.4.2. Middle East
- 6.5.4.2.1. Key market trends, growth factors and opportunities
- 6.5.4.2.2. Market size and forecast, by Application
- 6.5.4.2.3. Market size and forecast, by Type
- 6.5.4.2.3.1. Middle East Actuators Actuators And Valves Market by Actuators Type
- 6.5.4.2.3.2. Middle East Valves Actuators And Valves Market by Material
- 6.5.4.3. Africa
- 6.5.4.3.1. Key market trends, growth factors and opportunities
- 6.5.4.3.2. Market size and forecast, by Application
- 6.5.4.3.3. Market size and forecast, by Type
- 6.5.4.3.3.1. Africa Actuators Actuators And Valves Market by Actuators Type
- 6.5.4.3.3.2. Africa Valves Actuators And Valves Market by Material
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
- 8.1. Crane Holdings, Co.
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
- 8.2. Emerson Electric Co. (PENTAIR VALVES)
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
- 8.3. Flowserve Corporation
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
- 8.4. General Electric Company
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.5. IMI plc
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.6. KITZ CORPORATION
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
- 8.7. METSO OYJ (NELES OYJ)
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
- 8.8. Parker-Hannifin Corporation
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
- 8.9. Rotork plc
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
- 8.10. SLB
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments