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Report overview
The global Electric Valve Actuators market was valued at US$ 2384 million in 2022 and is projected to reach US$ 3121.1 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Electric Valve Actuators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Valve Actuators. This report contains market size and forecasts of Electric Valve Actuators in global, including the following market information:
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.
We surveyed the Electric Valve Actuators manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Valve Actuators Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Valve Actuators Market Segment Percentages, by Type, 2022 (%)
Global Electric Valve Actuators Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Valve Actuators Market Segment Percentages, by Application, 2022 (%)
Global Electric Valve Actuators Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Valve Actuators Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Valve Actuators, market overview.
Chapter 2: Global Electric Valve Actuators market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Valve Actuators manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electric Valve Actuators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electric Valve Actuators capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.