Global Electro Pneumatic Positioners Market 2017-2021
About Electro Pneumatic Positioners
Electro pneumatic positioners are mainly used for controlling the operations of rotary or linear valves and actuators. This product helps in achieving higher energy efficiency and is one of the most used positioner types among end-user industries. The demand for electro pneumatic valve positioners is expected to be the highest in the electro pneumatic positioners market. This demand is mainly due to benefits of these product types, as they are equipped with programmable tight shut-off function and corrosion resistant coatings and are designed to withstand high vibrations.
Technavio’s analysts forecast the global electro pneumatic positioners market to grow at a CAGR of 3.71% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global electro pneumatic positioners market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Electro Pneumatic Positioners Market 2017-2021
Technavio recognizes the following companies as the key players in the global electro pneumatic positioners market: Emerson, Flowserve, Rotork, SAMSON Controls, and Siemens.
Other Prominent Vendors in the market are: ABB, AIRA EURO AUTOMATION, Budenberg Gauge, EBRO ARMATUREN, EGMO, Flucon Automation, KSB Pumps, POWER-GENEX, SMC, and Valve Related Controls.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Use of electro pneumatic positioners in motion controllers. Electro mechanical positioning is a major method for motion controllers to position the machinery. However, this method has disadvantages, as it requires a long downtime to cool the systems, thereby affecting the actual capacity of motion controllers. These reasons have led to an increase in the demand for electro pneumatic positioners, as these are more efficient than electro mechanical systems.”
According to the report, one of the major drivers for this market is Customization of electro pneumatic positioner products. Vendors of electro pneumatic positioners are offering various customization options for their products. This has helped them in gaining more revenue and market share, by differentiating themselves from their competition. The increasing competition due to the fragmented nature of the market has led the participants to offer customization features, such as selecting mountable type, body type of the positioners, and addition of corrosion resistant coatings.
Further, the report states that one of the major factors hindering the growth of this market is High competition from domestic manufacturers. The growth of the global electro pneumatic positioners market is closely related to the global valve positioners and control valves market, as these products are mainly used in controlling valves and actuators. The capital and level of technical expertise required to enter this market are not high, which makes it easier for vendors of valves and actuators to enter this market.
Emerson, Flowserve, Rotork, SAMSON Controls, Siemens, ABB, AIRA EURO AUTOMATION, Budenberg Gauge, EBRO ARMATUREN, EGMO, Flucon Automation, KSB Pumps, POWER-GENEX, SMC, and Valve Related Controls.