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Industrial Valves and Actuators Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_46309 | Date : Jan, 2023 | Pages : 168 | Region : Global

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A valve actuator is the mechanism for opening and closing a valve. Manually operated valves require someone in attendance to adjust them using a direct or geared mechanism attached to the valve stem. Power-operated actuators, using gas pressure, hydraulic pressure or electricity, allow a valve to be adjusted remotely, or allow rapid operation of large valves. Power-operated valve actuators may be the final elements of an automatic control loop which automatically regulates some flow, level or other process. Actuators may be only to open and close the valve, or may allow intermediate positioning; some valve actuators include switches or other ways to remotely indicate the position of the valve.
Used for the automation of industrial valves, actuators can be found in all kinds of process plants. They are used in waste water treatment plants, power plants, refineries, mining and nuclear processes, food factories, and pipelines. Valve actuators play a major part in automating process control. The valves to be automated vary both in design and dimension. The diameters of the valves range from one-tenth of an inch to several feet.
The Global Industrial Valves and Actuators Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Industrial Valves and Actuators Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Honeywell
Emerson Electric
Flowserve Corporation
Pentair
General Electric
Rotork
Siemens AG
Bürkert
Schlumberger
Watts Water Technologies

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Electric Actuators
Mechanical Actuators
Pneumatic Actuators
Hydraulic Actuators

In Market segmentation by applications :
Oil & Gas
Mining
Water & Wastewater
Food & Beverages
Energy & Power
Automotive

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Industrial Valves and Actuators Market for the forecast period 2023-2030?
• What are the driving forces in the Industrial Valves and Actuators Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Industrial Valves and Actuators industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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