Global Electric Valve Actuators Market Research Report 2022

An electric valve actuator is an actuator that provides linear or rotary motion, which uses electrical drive energy and works under some kind of control signal. The basic actuator is used to drive the valve to the fully open or fully closed position, and the actuator for control valves is capable of precisely moving the valve to any position.
Market Analysis and Insights: Global Electric Valve Actuators Market
Due to the COVID-19 pandemic, the global Electric Valve Actuators market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Straight Stroke Electric Actuators accounting for % of the Electric Valve Actuators global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Petrochemicals segment is altered to an % CAGR throughout this forecast period.
CHANGZHOU POWER STATION AUXILIARY EQUIPMENT is the largest manufacturer of China's electric valve actuators market, holds a share about 10%, other key players include Auma, Chuanyi, and SURPASS AUTOMATION TECHNOLOGY, etc. Eastern China is the largest market, occupied for over 30 percent, followed by Southern China. In terms of type, multi-turn electric actuator is the largest segment, with a share about 61%, and in terms of application, the general industrial segment holds share about 20 percent.
Global Electric Valve Actuators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Valve Actuators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Straight Stroke Electric Actuators
Multi-turn Electric Actuators
Partial Rotary Electric Actuators
Segment by Application
Petrochemicals
General Industrial
Electric Power
Water Treatment
By Company
Auma
Rotork
CHANGZHOU POWER STATION AUXILIARY EQUIPMENT
Emerson
Flowserve
Chuanyi
Schiebel
ABB
SHANGHAI AUTOMATION INSTRUMENTATION
SURPASS AUTOMATION TECHNOLOGY
RAGA
YANGZHOU HENGCHUN ELECTRONICS
BERNARD CONTROLS
TEFULONG
Actuators
Koei Industry
Tomoe
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina