Valve Positioner Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The global Valve positioner market size was estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.45 billion in 2030 at a CAGR of 5.5% during the forecast period 2023-2030.
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Valve positioners are devices that are used to regulate the air load pressure in industrial plants. They are used to control the opening and closing of valves in a precise manner, which helps to improve the efficiency of the plant and reduce the overall cost of operation. Valve positioners provide advanced diagnostic features that help to identify any errors or hysteresis in the system.
This ensures that the control valve is reliable and accurate in its calibration, which is essential for the smooth functioning of the plant. Smart valve positioners are designed to be easy to install and use. They come equipped with automatic collaboration functions that help to reduce the setup time and make the process more efficient. This is particularly useful in large industrial plants where time is of the essence. Valve positioners are an essential component in the automation of industrial services and solutions.
Key Findings:
· On the basis of type, Valve positioners are devices used to control the position of valves in industrial processes. The valve positioner market is divided into three types: pneumatic valve positioner, electro-pneumatic valve positioner, and digital valve positioner. The digital valve positioner segment has the highest revenue share in the valve positioner market in 2021.
· On the basis of actuation, Valve positioners are classified based on their actuation, which refers to the mechanism used to operate the valves. The two main types of actuation in valve positioners are single-acting and double-acting.
· On the basis of industry, the valve positioner market is divided into different industries, including oil & gas, water & wastewater treatment, energy & power, chemical, paper & pulp, pharmaceutical, metal & mining, food & beverage, and others.
Companies Profiled of Valve positioner market:
ABB Group; Siemens AG; Schneider Electric SE; Emerson Electric Co.; SMC Corporation; Valmet Oyj; Azbil Corporation; Badger Meter, Inc.; Flowserve Corporation; Baker hughes company; ControlAir; Crane Co.; GEMU Group; Dwyer instruments LTD; Valve related Controls; Power-genex Ltd; Val controls; Bray International; Nihon KOSO Co. Ltd; Spirax-Sarco Limited and More
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The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
Recent Developments
· In April 2022, Emerson Electric Co. released the TopWorxTM PD Series smart valve positioner, which will extend the Topworx sensing and control products. The PD series of smart valve positioners provide complete control over the valve positioner and integrates communication with 4-20 mA loop signal.
· In March 2022, Flowserve corporation entered into an agreement with Gradiant, a global manufacturer and provider of cleantech water project for water treatment, to help address the most challenging problems in water and wastewater treatment.
Reasons to Acquire
· Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
· Gain authentic and granular data access for the Valve positioner Market to understand the trends and the factors involved in changing market situations.
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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Questions Answered by the Report:
· Which are the dominant players of the Valve positioner market?
· What will be the size of the Valve positioner market in the coming years?
· Which segment will lead the Valve positioner market?
· How will the market development trends change in the next five years?
· What is the nature of the competitive landscape of the Valve positioner market?
· What is the go-to strategies adopted in the Valve positioner market?
In addition to the market data for the Valve Positioner Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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