Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Technology / Valve Positioners Market : Industry Trends and Technology Update 2025

Valve Positioners Market : Industry Trends and Technology Update 2025

By prashant on July 17 2020 | 430 Views

The valve positioners market is expected to grow from USD 1.7 billion in 2019 to USD 2.2 billion by 2024; it is expected to grow at a CAGR of 5.3% during 2019–2024

According to the new market research report "Valve Positioners Market by Type (Electro-Pneumatic, Pneumatic, Digital), Actuation (Single-Acting, Double-Acting), Industry (Oil & Gas, Power, Water & Wastewater, Chemicals, Food & Beverages), and Geography - Global Forecast to 2024", The valve positioners market is expected to grow from USD 1.7 billion in 2019 to USD 2.2 billion by 2024, at a compound annual growth rate (CAGR) of 5.3% during the forecast period. The growing importance of control & monitoring in process industries and the increasing demand for valve automation solutions are driving the growth of the industry.



Browse 60 market data Tables and 50 Figures spread through 125 Pages and in-depth TOC on "Valve Positioners Market - Global Forecast to 2024"


Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138950854



“The market for digital positioners is expected to grow at the highest rate during the forecast period”



The digital valve positioners possess internal logic based on microprocessors. They use a microprocessor for positioning the actuator and for keeping track of data. These types of positioners came into valve market around two decades ago; however, they started being used widely due to the current era of automation solutions adopted in the process industry and plants. The characteristics of digital positioners such as their diagnostics and predictive maintenance capability and economic capital costs support them to show lucrative growth opportunities in the future.

“Single-acting positioners are going to witness the highest growth during the forecast period”

The single action of the control valve can be described as the action in which positioners deliver and exhaust air from single side of the single-acting actuator. This actuator uses spring force for on and off operation of the actuator. Hence these positioners have simple working operations which make them the more preferably installed type as compared to double-acting positioners.



“APAC is expected to hold the largest share of valve positioners market during the forecast period”

APAC is estimated to account for the largest share of the market in 2019. The region consists of fast-growing economies such as China and India that have fueled the robust manufacturing industries in respective countries. Owing to the increase in the urban population in the region, there is a high demand for new and improved wastewater treatment systems. These systems can be improved with the control valve assemblies that have positioners to enhance their working operations.



Key players offering valve positioners include Emerson Electric (US), Baker Hughes (US), Siemens (Germany), ABB (Switzerland), Flowserve (US), while other major players in this market include Schneider (France), Metso (Finland), Rotork (UK), and Azbil (Japan). These players operate globally and provide valve positioners and related valve accessories.



About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:


Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441



Latest Exclusive Press Release
XDR Market key Players Analysis, Applications, Forecasts to 2027
9 Best Vitamin and Mineral Supplements That Can Help Boost Your Immune System and Overall Health
Selective Laser Sintering Equipment Market by Manufacturer and Regions 2023
Generative Design Market Size Analysis | Autodesk, Altair, ANSYS, MSC Software
7 Things To Remember When Looking For The Best Commerical Cleaning Services For Your Business
Popular Press Release
A New Website Launches for Registereds to Apply, Find, and Interview for RN Travel Jobs in California
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Home Ministry’s Population Register Worse than Prisoner Identification
High Demand for a Computer Information Systems Degree
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet