Actuators & valves are crucial components used in any device or machine. It has wide range of applications from consumer electronics to industrial machinery, from oil & gas refineries to automotive. Some of the prominent factors for selection of any actuators & valves are efficiency, size, speed, accuracy, output torque, and IIoT (industrial internet of things) compatibility. There is huge demand from oil & gas industry owing to upgradation of existing valves to meet the changing environmental regulations.
Allied Market Research published a new report, titled, “Actuators And Valves Market by Type (Actuators (Electric Actuators, Mechanical Actuators, Pneumatic Actuators, and Hydraulic Actuator), and Valves (Multi-turn Valves, and Control Valves)) and Application (Oil & Gas, Paper & Pulp, Mining, Water & Wastewater, Food & Beverages, Energy & Power, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”. According to the report global actuators & valves market size was valued at $101.14 billion in 2019, and is projected to reach $149.31 billion by 2027, registering a CAGR of 6.1% from 2020 to 2027.
The report has offered an all-inclusive analysis of the Actuators & Valves Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
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Top 10 leading companies in the Actuators & Valves Market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and products and services.
The key players operating in the Actuators & Valves Market include Emerson, Flowserve Corporation, Crane Co., Schlumberger Limited, General Electric, IMI plc, Kitz Corporation, Rotork plc, Parker-Hannifin Corporation, and Neles.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Key Benefits for Buyers from this Research Report:
- The report provides a qualitative and quantitative analysis of the current Actuators & Valves Market trends, forecasts, and market size from 2021 to 2027 to determine the prevailing opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market report also provides an understanding of the current position of the players active in the Actuators & Valves Market
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Key drivers that are propelling the growth of the Actuators & Valves Market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of the leading Actuators & Valves Market end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the Actuators & Valves Market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
Highlights of the Report:
- Competitive landscape of the Actuators & Valves Market
- Revenue generated by each segment of the market by 2027.
- Factors expected to drive and create new opportunities in the Actuators & Valves Market
- Strategies to gain sustainable growth of the market.
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the Actuators & Valves Market Growth
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Allied Market Research (AMR) is a market research and business consulting annex of Allied Analytics LLP based in Portland, Oregon. Allied Market Research and offers end-to-end services to its clients. Providing large, medium, and small enterprises with unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”, AMR has managed to dole out exclusive business insights and consulting services to help its clients with strategic business decisions. This, in turn, has helped the organizations attain sustainable growth in their respective market domain.
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