Quick Summary:
With the global market for Valve Positioners sitting at a dramatic US$28 Billion in 2022, this profound industry shows incredible promise for lucrative investment. The projection sees it blossoming to an astounding US$42.3 billion by 2030 with Power Generation and Oil & Gas sectors expecting an optimistic post pandemic recovery. With growth expected across the board, purchasing this detailed report provides an untapped opportunity to stay ahead in an ever-evolving market.
The U.S and China, two powerhouse economies, remain notable contenders in the Valve Positioners industry with estimated markets of US$7.5 Billion and US$9.5 Billion respectively. Moreover, intriguing growth perspectives exist in Germany, Japan, and Canada. This research report leaves no stone unturned, offering comprehensive insights into the global commercial scene.
Stay up to speed with the latest developments in the valve positioners market and gain a competitive advantage with in-depth regional analyses, competitor market shares, online collaborative updates and more. With a robust, peer-reviewed research platform and complimentary updates for one year, this market research report is an invaluable tool for any business leader seeking to navigate and thrive within this burgeoning industry.
Global Valve Positioners Market to Reach $42.3 Billion by 2030
The global market for Valve Positioners estimated at US$28 Billion in the year 2022, is projected to reach a revised size of US$42.3 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Oil & Gas, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$11.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Power Generation segment is readjusted to a revised 5.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $7.5 Billion, While China is Forecast to Grow at 8.7% CAGR
The Valve Positioners market in the U.S. is estimated at US$7.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.5 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 46 Featured) -
- Cair Euromatic Automation Pvt. Ltd.
- ControlAir, Inc
- Fine Controls (UK) Ltd.
- Rotork PLC
- SAMSON Controls, Inc.
- Siemens AG
- Trimteck LLC
- VRG Controls, LLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Valve Positioners?
What is the growth rate of the Global Market for Valve Positioners?
What is the forecasted size of the Global Market for Valve Positioners?
Who are the key companies in the Global Market for Valve Positioners?
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 28 Billion |
Forecasted Market Value ( USD | $ 42.3 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Cair Euromatic Automation Pvt. Ltd.
- ControlAir, Inc
- Fine Controls (UK) Ltd.
- Rotork PLC
- SAMSON Controls, Inc.
- Siemens AG
- Trimteck LLC
- VRG Controls, LLC