Valve Actuator Market Scope and Key Players - 2031
Valve Actuator Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 17.25 Billion |
Market Size by 2031 | US$ 24.62 Billion |
Global CAGR (2025 - 2031) | 5.3% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Valve Actuator Market News and Recent Developments
The Valve Actuator Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Valve Actuator Market are listed below:
- Rotork announced that new features had been added to the industry-leading IQ3 Pro range of intelligent actuators. The new features include increased speeds for the IQT3F Pro electric modulating actuators, independent open/close speeds for part-turn actuators, and closed-loop control for the multi-turn and part-turn actuators.
(Source: Rotork, Press Release, January 2024)
- Emerson has introduced the Fisher easy-Drive 200R Electric Actuator for use on Fisher butterfly and ball valves. When paired with these valves, the new actuator performs accurately and reliably under the extreme conditions found in many heavy industries, particularly oil and gas installations in cold, remote locations.
(Source: Emerson, Press Release, January 2024)
Valve Actuator Market Report Coverage and Deliverables
The "Valve Actuator Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Valve Actuator Market size and forecast at regional and country levels for all the key market segments covered under the scope
- Valve Actuator Market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Valve Actuator Market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Valve Actuator Market
- Detailed company profiles