Actuators and Valves Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Actuators</strong> <strong>and</strong> <strong>Valves</strong> <strong>Market</strong> (Type - <strong>Actuators</strong> (Pneumatic, Hydraulic, Electric,<br />
Mechanical, Manual <strong>and</strong> Hybrid <strong>Actuators</strong>), <strong>Valves</strong> (Linear Motion, Rotary<br />
Motion, Specialty <strong>and</strong> Self-Actuated Valve) - <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>,<br />
<strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2024</strong><br />
The global actuators <strong>and</strong> valves market is immensely fragmented with the 10 leading players accounting<br />
for a mere 20% of the global market in 2015. Transparency <strong>Market</strong> Research has observed a high degree<br />
of competition in the market owing to the presence of a large number of players. This can be attributed to<br />
the fact that most leading companies have been engaged in acquiring smaller vendors in order to gain<br />
market share. For instance, in 2015, Schlumberger Limited acquired Cameron International Corporation<br />
in order to exp<strong>and</strong> its product offerings.<br />
While the threat of substitutes in the actuators <strong>and</strong> valves market is nil, the threat of new entrants is also<br />
rather limited. “High entry barriers such as increased capital investments curbs the threat of new players,”<br />
the author of the study states.<br />
The opportunity in the global actuators <strong>and</strong> valves market stood at US$74.37 bn in 2015 <strong>and</strong> is anticipated<br />
to be worth US$124.30 bn by <strong>2024</strong>. If these values hold true, the market is projected to exp<strong>and</strong> at a 6.0%<br />
CAGR during the forecast period.<br />
Obtain Report Details @<br />
http://www.transparencymarketresearch.com/actuators-valves-market.html<br />
<strong>Valves</strong> Emerge as Clear Leader in <strong>Actuators</strong> <strong>and</strong> <strong>Valves</strong> <strong>Market</strong> by Type<br />
By type, the actuators <strong>and</strong> valves market is led by valves <strong>and</strong> the segment accounted for a massive share<br />
of just under 75% in <strong>2016</strong>. On the other h<strong>and</strong>, the actuators segment is expected to contribute the leading<br />
CAGR of 5.89% during the forecast period. While ball valves dominate the overall valves segment, pneumatic<br />
actuators hold the leading share in the actuators segment. Based on end-use industry, water <strong>and</strong><br />
wastewater treatment held the dominant share in <strong>2016</strong>.<br />
On the basis of geography, Asia Pacific held the leading share of just under 40% in <strong>2016</strong>, followed by<br />
North America. The APAC market for actuators <strong>and</strong> valves is projected to register a 6.9% CAGR during<br />
the forecast period, emerging as one of the most attractive regional segments by <strong>2024</strong>.
This 208-page report gives readers a comprehensive overview of the <strong>Actuators</strong> <strong>and</strong> <strong>Valves</strong> <strong>Market</strong>.<br />
Browse to unlock the hidden opportunities in this market@<br />
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14402<br />
Shortcomings of <strong>Actuators</strong> Act as Deterrents to <strong>Global</strong> <strong>Growth</strong><br />
Rapid urbanization in the emerging markets of Asia Pacific, Latin America, <strong>and</strong> the Middle East <strong>and</strong> Africa,<br />
<strong>and</strong> the rise in urban areas in the developed economies of North America <strong>and</strong> Europe are the most prominent<br />
factors driving the dem<strong>and</strong> for actuators <strong>and</strong> valves globally.<br />
“The rise in urbanization has created the dem<strong>and</strong> for the development of private <strong>and</strong> public sector infrastructure,”<br />
states the lead analyst. “The setting up of water supply facilities, power stations, water treatment<br />
plants, <strong>and</strong> electricity grids, therefore requires a steady supply of actuators <strong>and</strong> valves <strong>and</strong> this has driven<br />
the global market.”<br />
In addition to this, the growing investment in the oil <strong>and</strong> gas sector <strong>and</strong> the increased dem<strong>and</strong> for technologically<br />
advanced valves continue to support the growth of the actuators <strong>and</strong> valves market worldwide.<br />
On the other h<strong>and</strong>, the high cost <strong>and</strong> complexity of electric actuators <strong>and</strong> the low-energy efficiency of<br />
pneumatic actuators hold the global market back.
About Us<br />
Transparency <strong>Market</strong> Research (TMR) is a market intelligence company, providing global business<br />
information reports <strong>and</strong> services. Our exclusive blend of quantitative forecasting <strong>and</strong> trends analysis<br />
provides forward-looking insight for thous<strong>and</strong>s of decision makers. We have an experienced team of<br />
Analysts, Researchers, <strong>and</strong> Consultants, who us e proprietary data sources <strong>and</strong> various tools <strong>and</strong> techniques<br />
to gather, <strong>and</strong> analyze information. Our business offerings represent the latest <strong>and</strong> the most reliable<br />
information indispensable for businesses to sustain a competitive edge.<br />
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical,<br />
energy, food & beverages, semiconductors, med-devices, consumer goods <strong>and</strong> technology. These reports<br />
provide in-depth analysis <strong>and</strong> deep segmentation to possible micro levels. With wider scope <strong>and</strong> stratified<br />
research methodology, our syndicated reports thrive to provide clients to serve their overall research<br />
requirement.<br />
Contact<br />
Transparency <strong>Market</strong> Research<br />
90 State Street, Suite 700<br />
Albany, NY 12207<br />
Tel: +1-518-618-1030<br />
USA – Canada Toll Free: 866-552-3453<br />
Email: sales@transparencymarketresearch.com<br />
Website: http://www.transparencymarketresearch.com