Global Valve Positioners Market Study 2019-2023: Sales Data on Pneumatic, Electro-Pneumatic, and Other Valve Positioners - ResearchAndMarkets.com
The "Valve Positioners Market by End-users, Product, and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The valve positioners market analysis considers sales from pneumatic valve positioners, electro-pneumatic valve positioners, and other valve positioners. The analysis also considers the sales of valve positioners in APAC, Europe, North America, South America, and MEA.
In 2018, the pneumatic valve positioners segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as anti-corrosion coating, which makes them best suited in industries such as oil and gas, chemicals, and mining and minerals will play a significant role in the pneumatic valve positioners segment to maintain its market position.
Also, the report looks at factors such as increasing adoption of customized valve positioners, rising adoption of renewable energy, and the presence of stringent environmental regulations. However, fluctuating cost of raw materials, high cost of ownership of electro-pneumatic valve positioners, and susceptibility to leakage and corrosion may hamper the growth of the valve positioners industry over the forecast period.
Rising adoption of renewable energy
The adoption of renewable sources of energy, such as solar energy, hydraulic energy, wind energy, among others is increasing owing to the decreasing supply of fossil fuels, and the need to reduce GHG emissions. This is increasing the demand for various equipment, such as control valves. Thus, the rising adoption of renewable energy is expected to fuel the growth of the valve positioners market at a CAGR of over 4% during the forecast period.
The popularity of smart valve positioners
Smart valve positioners are customizable and are equipped with microprocessors, enabling them to control the motion of the actuator and the valves. The automatic configuration and collaboration functions of smart valve positioners reduce the setup time and are easy to install. These positioners improve the operational efficiency of manufacturing plants. These benefits and the rising popularity of smart valve positioners is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global valve positioners market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading valve positioners manufacturers, that include:
- ABB Ltd.
- Badger Meter Inc.
- Emerson Electric Co.
- Flowserve Corp.
- General Electric Co.
- ITT Inc.
- Rotork PLC
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
Also, the valve positioners market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Oil and gas - Market size and forecast 2018-2023
- Water and wastewater management - Market size and forecast 2018-2023
- Power generation - Market size and forecast 2018-2023
- Chemicals - Market size and forecast 2018-2023
- Mining and minerals - Market size and forecast 2018-2023
- Other end-users - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Pneumatic valve positioners - Market size and forecast 2018-2023
- Electro-pneumatic valve positioners - Market size and forecast 2018-2023
- Other valve positioners - Market size and forecast 2018-2023
- Market opportunity by product
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Popularity of smart valve positioners
- Gaining traction of additive manufacturing
- Emergence of diagnostic functions for valve positioners
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- ABB Ltd.
- Badger Meter Inc.
- Emerson Electric Co.
- Flowserve Corp.
- General Electric Co.
- ITT Inc.
- Rotork PLC
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
For more information about this report visit https://www.researchandmarkets.com/r/nmxjol
View source version on businesswire.com: https://www.businesswire.com/news/home/20190912005753/en/