Global Industrial Valve Actuators Market to Reach $94.3 Billion by 2030
The global market for Industrial Valve Actuators estimated at US$65.9 Billion in the year 2022, is projected to reach a revised size of US$94.3 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Industrial Quarter-Turn Valves, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$37.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Multi-Turn Valves segment is readjusted to a revised 4.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $17.5 Billion, While China is Forecast to Grow at 7.1% CAGR
The Industrial Valve Actuators market in the U.S. is estimated at US$17.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20.5 Billion by the year 2030 trailing a CAGR of 7.1% 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 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.Select Competitors (Total 18 Featured) -
- ABB Ltd.
- Curtiss-Wright Corporation
- Danfoss AS
- Emerson Electric Co.
- Flowserve Corporation
- General Electric Co.
- Honeywell International, Inc.
- Johnson Controls International Plc
- Rotork Plc
- Schneider Electric SE
- WAMGROUP spa
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 Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Curtiss-Wright Corporation
- Danfoss AS
- Emerson Electric Co.
- Flowserve Corporation
- General Electric Co.
- Honeywell International, Inc.
- Johnson Controls International Plc
- Rotork Plc
- Schneider Electric SE
- WAMGROUP spa
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 232 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 65.9 Billion |
Forecasted Market Value ( USD | $ 94.3 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |