Feb 13, 2020   SOURCE: BusinessWire

Industrial Valve Actuators Market 2019-2023 | Advances in Industrial Valve Actuators to Boost Growth | Technavio

Technavio has been monitoring the industrial valve actuators market and it is poised to grow by USD 2.05 billion during 2019-2023, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has published a new market research report on the industrial valve actuators market from 2019-2023. (Graphic: Business Wire)

Technavio has published a new market research report on the industrial valve actuators market from 2019-2023. (Graphic: Business Wire)

Advances in industrial valve actuators have been instrumental in driving the growth of the market. However, high cost associated with automating pipeline and transportation infrastructure might hamper market growth. Request a free sample report

Industrial Valve Actuators Market 2019-2023: Segmentation

Industrial Valve Actuators Market is segmented as below:

Product

  • Electric-valve Actuators
  • Pneumatic-valve Actuators
  • Hydraulic-valve Actuators
  • Mechanical-valve Actuators

End-user

  • Oil and Gas
  • Chemical and Petrochemical
  • Power
  • Water and Wastewater
  • Metals and Mining
  • Other End-users

Geographic segmentation

  • North America
  • APAC
  • Europe
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32180

Industrial Valve Actuators Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial valve actuators market report covers the following areas:

  • Industrial Valve Actuators Market Size
  • Industrial Valve Actuators Market Trends
  • Industrial Valve Actuators Market Industry Analysis

This study identifies expansion of oil terminals as one of the prime reasons driving the industrial valve actuators market growth during the next few years.

Industrial Valve Actuators Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the industrial valve actuators market, including some of the vendors such as ABB Ltd., Danfoss AS, Emerson Electric Co., Flowserve Corp., General Electric Co., Georg Fischer Ltd., Honeywell International Inc., Rotork Plc., Schlumberger Ltd. and The Weir Group Plc. Backed with competitive intelligence and benchmarking, our research reports on the industrial valve actuators market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Industrial Valve Actuators Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist industrial valve actuators market growth during the next five years
  • Estimation of the industrial valve actuators market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial valve actuators market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial valve actuators market vendors

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