Industrial Valve Actuators Market by Product, End-users, and Geography - Forecast and Analysis 2019-2023

Industrial Valve Actuators Market by Product, End-users, and Geography - Forecast and Analysis 2019-2023

Global Industrial Valve Actuators Market: About this market

Technavio’s industrial valve actuators market analysis considers sales from oil and gas, chemical and petrochemical, power, water and wastewater, metals and mining, and other end-users. Our study also finds the sales of industrial valve actuators in APAC, Europe, MEA, North America, and South America. In 2018, the oil and gas segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as strong demand for petroleum products in developing countries because of the rising consumption in the transportation sector will play a significant role in the oil and gas segment to maintain its market position. Also, our global industrial valve actuators market report looks at factors such as development in water and wastewater industry, capitalization of growth momentum in the oil and gas pipeline market, and advances in industrial valve actuators. However, high cost associated with automating pipeline and transportation infrastructure, intense competition among market players, and deployment and operational challenges may hamper the growth of the industrial valve actuators industry over the forecast period.

Global Industrial Valve Actuators Market: Overview

Advances in valve actuator controls

Market players are focusing on simplifying the complex valve control tasks and improving the performance of valve actuators by using digital positioners. These digital positioners in electric actuators are mounted with feedback systems. Vendors are also developing new electronic position transmitters to simplify end position adjustments for actuators. These advances also support the latest automation technology developments, including asset management. Thus, such benefits of using advanced industrial valve actuators will lead to the expansion of the global industrial valve actuators market at a CAGR of almost 5% during the forecast period.

Expansion of oil terminals

Oil terminals are used for storing crude oil and petroleum products. These terminals serve as centers for oil and gas transportation and support the oil and gas supply chain. Rising global energy demand has led to the construction of new oil terminal constructions,. especially in APAC and Africa, where the continuous need for energy requires new oil and gas infrastructure. These terminals ensure operational efficiency and interconnect the supply chain. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global industrial valve actuators market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global industrial valve actuators market is highly fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial valve actuators manufacturers, that include ABB Ltd., Danfoss AS, Emerson Electric Co., Flowserve Corp., General Electric Co., Georg Fischer Ltd., Honeywell International Inc., Rotork Plc., Schlumberger Ltd., The Weir Group Plc.

Also, the industrial valve actuators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Key offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global industrial machines market
      • Table Segments of global industrial machines market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Electric valve actuators - Market size and forecast 2018- 2023
      • Table Electric valve actuators - Market size and forecast 2018-2023 ($ millions)
      • Table Electric valve actuators - Year-over-year growth 2019-2023 (%)
    • Pneumatic valve actuators - Market size and forecast 2018- 2023
      • Table Pneumatic valve actuators - Market size and forecast 2018-2023 ($ millions)
      • Table Pneumatic valve actuators - Year-over-year growth 2019-2023 (%)
    • Hydraulic valve actuators - Market size and forecast 2018- 2023
      • Table Hydraulic valve actuators - Market size and forecast 2018-2023 ($ millions)
      • Table Hydraulic valve actuators - Year-over-year growth 2019-2023 (%)
    • Mechanical valve actuators - Market size and forecast 2018- 2023
      • Table Mechanical valve actuators - Market size and forecast 2018-2023 ($ millions)
      • Table Mechanical valve actuators - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Oil and gas - Market size and forecast 2018-2023
      • Table Oil and gas - Market size and forecast 2018-2023 ($ millions)
      • Table Global crude oil and natural gas derivative fuel consumption (2010-2019)
      • Table Oil and gas - Year-over-year growth 2019-2023 (%)
    • Chemical and petrochemicals - Market size and forecast 2018-2023
      • Table Chemical and petrochemicals - Market size and forecast 2018-2023 ($ millions)
      • Table Chemical and petrochemicals - Year-over-year growth 2019-2023 (%)
    • Power - Market size and forecast 2018-2023
      • Table Power - Market size and forecast 2018-2023 ($ millions)
      • Table Global historical and projected electricity generation 1990-2040 (trillion kWh)
      • Table Power - Year-over-year growth 2019-2023 (%)
    • Water and wastewater - Market size and forecast 2018-2023
      • Table Water and wastewater - Market size and forecast 2018-2023 ($ millions)
      • Table Water and wastewater - Year-over-year growth 2019-2023 (%)
    • Metals and mining - Market size and forecast 2018-2023
      • Table Metals and mining - Market size and forecast 2018-2023 ($ millions)
      • Table Metals and mining - Year-over-year growth 2019-2023 (%)
    • Other end-users - Market size and forecast 2018-2023
      • Table Other end-users - Market size and forecast 2018-2023 ($ millions)
      • Table Other end-users - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Expansion of oil terminals
    • Increase in mobile monitoring
    • Rising investments in chemical manufacturing facilities in emerging economies
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB Ltd.
      • Table ABB Ltd. - Vendor overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Organizational developments
      • Table ABB Ltd. - Geographic focus
      • Table ABB Ltd. - Segment focus
      • Table ABB Ltd. - Key offerings
    • Danfoss AS
      • Table Danfoss AS - Vendor overview
      • Table Danfoss AS - Business segments
      • Table Danfoss AS - Organizational developments
      • Table Danfoss AS - Geographic focus
      • Table Danfoss AS - Segment focus
      • Table Danfoss AS - Key offerings
    • Emerson Electric Co.
      • Table Emerson Electric Co. - Vendor overview
      • Table Emerson Electric Co. - Business segments
      • Table Emerson Electric Co. - Organizational developments
      • Table Emerson Electric Co. - Geographic focus
      • Table Emerson Electric Co. - Segment focus
      • Table Emerson Electric Co. - Key offerings
    • Flowserve Corp.
      • Table Flowserve Corp. - Vendor overview
      • Table Flowserve Corp. - Business segments
      • Table Flowserve Corp. - Organizational developments
      • Table Flowserve Corp. - Geographic focus
      • Table Flowserve Corp. - Segment focus
      • Table Flowserve Corp. - Key offerings
    • General Electric Co.
      • Table General Electric Co. - Vendor overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Organizational developments
      • Table General Electric Co. - Geographic focus
      • Table General Electric Co. - Segment focus
      • Table General Electric Co. - Key offerings
    • Georg Fischer Ltd.
      • Table Georg Fischer Ltd. - Vendor overview
      • Table Georg Fischer Ltd. - Business segments
      • Table Georg Fischer Ltd. - Organizational developments
      • Table Georg Fischer Ltd. - Geographic focus
      • Table Georg Fischer Ltd. - Segment focus
      • Table Georg Fischer Ltd. - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Vendor overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Organizational developments
      • Table Honeywell International Inc. - Geographic focus
      • Table Honeywell International Inc. - Segment focus
      • Table Honeywell International Inc. - Key offerings
    • Rotork Plc
      • Table Rotork Plc - Vendor overview
      • Table Rotork Plc - Business segments
      • Table Rotork Plc - Geographic focus
      • Table Rotork Plc - Segment focus
      • Table Rotork Plc - Key offerings
    • Schlumberger Ltd.
      • Table Schlumberger Ltd. - Vendor overview
      • Table Schlumberger Ltd. - Business segments
      • Table Schlumberger Ltd. - Organizational developments
      • Table Schlumberger Ltd. - Geographic focus
      • Table Schlumberger Ltd. - Segment focus
      • Table Schlumberger Ltd. - Key offerings
    • The Weir Group Plc
      • Table The Weir Group Plc - Vendor overview
      • Table The Weir Group Plc - Business segments
      • Table The Weir Group Plc - Organizational developments
      • Table The Weir Group Plc - Geographic focus
      • Table The Weir Group Plc - Segment focus
      • Table The Weir Group Plc - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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