Global Marine Actuators and Valves Market: Overview
This report provides an analysis of the global actuators and valves market for the period from 2015 to 2025, wherein the period from 2017 to 2025 comprises the forecast period and 2016 is the base year. Data for 2015 is provided as historical information. The report covers all the major trends and technologies playing a major role in the growth of the actuators and valves market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market’s growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Bn) and shipment (in Mn Units), across different geographical regions namely North America, Europe, Asia Pacific, Middle East & Africa and South America.
Actuators and valves has significant importance in marine sector. A variety of valves are used in piping and machinery system of a ship as per the requirement of the flow pattern of the liquid. All valves used in ships, ferries and yacht have the basic functionality of regulating the flow of liquid in pipe. Among valves, gate valve is the most commonly used valve type in marine sector. Since it is convenient in terms of functionality and design, its applicability is wide .The actuators are mechanical device that are used to convert energy into motion. Actuator play a crucial role in marine industry. Largely used in boats and yachts, actuators are used for automation in marine machine. Pneumatic and electric actuators are the most common type of actuators used in marine industry.
Global Marine Actuators and Valves Market: Growth Drivers and Restraints
The global marine valves and actuators market is driven by growing demand for more advance actuators and valves in marine industry as well as rapid globalization that has increased the number of ships and other vessels for frequent trade and cultural exchange. Moreover, growing demand for innovation in actuators has also given a major push to the market. However, slowdown in research and development in the market is expected to restrict its growth. Nevertheless, manufacturers operating in this market need to modernize as well as simplify actuators and valves in order to push the market forward. Moreover, there is increased demand for energy efficient system that is expected to eliminate the concerned restraints, helping the total market to achieve positive growth.
Global Marine Actuators and Valves Market: Scope of the Report
The market overview section of the report showcases the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. The report also provides the value chain analysis and porters five force model for the marine actuators and valves market. The marine actuators and valves market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth.
Global Marine Actuators and Valves Market: Key Segments
The reports includes global marine actuators and valves market bifurcated on the basis of type and vessel type. By type, the global marine actuators and valves market is categorized into valves and actuators. The valves have four types including linear motion valve, rotary motion valve, specialty valves, and self-actuated valve. And actuators include pneumatic actuators, hydraulic actuators, manual actuators, electric actuators, mechanical actuators and hybrid actuators. Further, the vessel type segmentation includes passenger ships and ferries, dry cargo vessels, tankers, dry bulk carriers, special purpose vessels, service vessels, fishing vessels, off-shore vessels, yachts and others. The report covers the analysis of these segments across all geographies, along with qualitative analysis for key market indicators supplementing the growth of marine actuators and valves market during the forecast period.
Global Marine Actuators and Valves Market: Competitive Landscape
The report also includes competitive profiling of the key players associated with the actuators and valves market around the globe. The important business strategies adopted by them, their market positioning, financials, SWOT analysis, and recent developments have also been identified in the research report. The competitive landscape section of the report also gives an overview about the major contributing regions/countries by these key players in order to strengthen their market position in the future.
Rising demand for advance technology and increasing focus on quality, has encouraged manufacturers to design innovative actuators and valves with high efficiency to continue the profitability of the market. VK Holding A/S, Bürkert Fluid Control Systems, Emerson Electric Co., Flowserve Corporation, Honeywell International Inc., KITZ Corporation, Rotork Plc, Schlumberger Limited, Tyco International Ltd., Watts Water Technologies, Inc.., , are the key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, recent developments, and other such strategic information pertaining to these players has been duly provided as part of company profiling.
Marine Actuators and Valves Market, by Vessel Type
Passenger Ships and Ferries Dry Cargo Vessels Tankers Dry Bulk Carriers Special Purpose Vessels Service Vessels Fishing Vessels Off-Shore Vessels Yachts Others
In addition, the report provides analysis of the actuators and valves market with respect to the following geographic segments:
North America The U.S. Canada Rest of North America Europe The U.K. Germany France Rest of Europe Asia Pacific (APAC) India China Japan Rest of APAC Middle East and Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Brazil Argentina Rest of South America
Our reports have been used by over 10K customers, including:
The global control valve market size was valued at USD 5.5 billion in 2020 and is projected to reach USD 10.6 billion by 2025. It is expected to grow at a CAGR of 14.2% during the forecast period. Increasing demand for valves from healthcare and pharmaceuticals industries due to outbreak of COVID-19 pandemic, rising demand for energy in APAC,...
Valve driver market to grow at CAGR of 4.3% from 2020 to 2025 The global valve driver market size is expected to grow from USD 421 million in 2020 to USD 519 million by 2025, at a CAGR of 4.3%. The growth of this market is mainly driven by Increase in government regulations and policies for saving energy and increase in...
Pump & Valves Market Research Report by Valve Type (Ball Valve, Check Valve, Gate Valve, and Needle Valve), by Pump Type (Centrifugal Pumps and positive Displacement Pump), by Industry Vertical - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Pump & Valves Market is expected to grow from USD 123,744.05...
335 pages •
By Asia Market Information & Development Company
• Sep 2020
China’s demand for Valves has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and...
The Europe bovine pericardial valve market is expected to reach US$ 1,229.57 million by 2027 from US$ 604.77 million in 2019. The market is estimated to grow at a CAGR of 9.4% during 2020–2027. The bovine pericardial valve market is growing primarily due to the increasing incidence of cardiovascular diseases (CVD) and congenital heart diseases...
The North America bovine pericardial valve market is expected to reach US$ 1,721.15 million by 2027 from US$ 798.81 million in 2019. The market is estimated to grow at a CAGR of 10.2% during 2020–2027. The bovine pericardial valve market is growing primarily due to the increasing incidence of cardiovascular diseases (CVD) and congenital...
The Asia Pacific bovine pericardial valve market is expected to reach US$ 819.03 million by 2027 from US$ 366.27 million in 2019. The market is estimated to grow at a CAGR of 10.7% during 2020–2027. The bovine pericardial valve market is growing primarily due to the increasing incidence of cardiovascular diseases (CVD) and congenital heart...
293 pages •
By Global Industry Analysts
• Jul 2020
Global Steam Traps Market to Reach $4.2 Billion by 2027 Amid the COVID-19 crisis, the global market for Steam Traps estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2027, growing at a CAGR of 2.7% over the analysis period 2020-2027. Thermodynamic, one of the segments analyzed in...
Control valves to witness a higher CAGR during the forecast period. The global industrial valves market size was valued at USD 48.1 billion in 2020 and is projected to reach USD 85.7 billion by 2025. It is expected to grow at a CAGR of 12.3% during the forecast period. Rapid developments in electronics have resulted in...
287 pages •
By Global Industry Analysts
• Sep 2020
Global Solenoid Valves Market to Reach $4.5 Billion by 2027 Amid the COVID-19 crisis, the global market for Solenoid Valves estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.5 Billion by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027. Stainless Steel, one of the segments...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.