Market Overview:
The global electric valve positioner market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric valve positioners in oil and gas, chemical, pharmaceutical manufacturing, and other industries. Additionally, factors such as technological advancements and rising demand for energy-efficient equipment are also contributing to the growth of this market. Based on type, the global electric valve positioner market is segmented into single acting positioners and double acting positioners. Single acting positioners are more popular than double acting positioners due to their low cost and easy installation. Based on application, the global electric valve positioner market is segmented into oil and gas industry, chemical industry, pharmaceutical manufacturing industry, food processing industry,, water treatment plants,, power generation plants,, HVAC systems,,and others segments..
Product Definition:
An electric valve positioner is a device used to control the position of a valve. The positioner uses an electric signal to control the actuator that moves the valve. This allows for precise and accurate control of the valve's position.
Single Acting Positioner:
Single acting positioners are used to open and close the valve at a fixed position. It is also known as one-way valves or gateways. They are widely used in industrial applications such as wastewater treatment plants, oil refinery, petrochemical plants and chemical processing industries.
Double Acting Positioner:
Double acting positioners are a special type of valve that can open and close two different valves simultaneously. It is used in electric valve positioner to connect two or more pipelines together. The basic operation principle behind it is that the diaphragm acts as a switch and allows flow from one side to the other by changing its shape, while springs return it to its initial shape after use so as not to block the flow.
Application Insights:
The oil and gas application segment accounted for the largest revenue share in 2017. Electric valve positioners are used to control the flow of fluids in and out of a pipeline system. The rising importance of energy security, coupled with growing demand for crude oil from emerging economies such as China, India & Brazil is expected to drive product demand over the forecast period.
Electric valve positioners are also used in chemical manufacturing plants where they act as safety valves that regulate pressure differentials across pipelines or between two pipes connected through an automatic gate valve. They are widely used across pharmaceutical industries owing to their ability to control pressures within vessels at a required level without any spills or leaks thereby maintaining quality standards set by regulatory authorities around the world. Other applications include food & beverage processing plants, water treatment facilities and natural gas processing centers among others which can be found under Chemical sector globally (excluding MEA).
Regional Analysis:
North America held the largest market share in 2017. The region is expected to witness a growth rate of 4.2% over the forecast period, owing to increasing demand for valve positioners from various end-use industries such as oil and gas, chemical, pharmaceuticals and others. In North America, U.S dominated the market with more than 80% revenue share in 2017 on account of high product adoption across several sectors including water & wastewater treatment; food & beverage processing; energy generation; and others.
The Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rapid industrialization coupled with increasing population along coastal areas which leads into increased need for water management solutions such as valves that consume large amount of energy while closing or opening thus resulting into higher electricity consumption rates especially during peak hours when compared with other times (i).
Growth Factors:
- Increasing demand for electric valve positioners in the oil and gas industry as a result of the rise in exploration and production activities
- Growing popularity of electric valve positioners in power generation plants owing to their ability to improve operational efficiency
- Rising demand for electric valve positioners from process industries such as chemical, pharmaceutical, and food & beverage due to the need for accurate control of fluid flow
- Proliferation of smart grid infrastructure that enables real-time monitoring and control of valves, which is expected to boost adoption of electric valve positioners
- Technological advancements that have led to development of more reliable and efficient electric valve positioners
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Valve Positioner Market Research Report
By Type
Single Acting Positioner, Double Acting Positioner
By Application
Oil and Gas, Chemical, Pharmaceutical Manufacturing, Others
By Companies
Emerson, Flowserve, Metso, General Electric, Siemens, ABB, SAMSON AG, Rotork, Azbil, Bürkert, Emerson, GEMU, Yokogawa, Chongqing Chuanyi Automation, Maxonic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Electric Valve Positioner Market Report Segments:
The global Electric Valve Positioner market is segmented on the basis of:
Types
Single Acting Positioner, Double Acting Positioner
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Chemical, Pharmaceutical Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Emerson
- Flowserve
- Metso
- General Electric
- Siemens
- ABB
- SAMSON AG
- Rotork
- Azbil
- Bürkert
- Emerson
- GEMU
- Yokogawa
- Chongqing Chuanyi Automation
- Maxonic
Highlights of The Electric Valve Positioner Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Acting Positioner
- Double Acting Positioner
- By Application:
- Oil and Gas
- Chemical
- Pharmaceutical Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Valve Positioner Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric valve positioner is a device that controls the opening and closing of valves in an industrial process.
Some of the major players in the electric valve positioner market are Emerson, Flowserve, Metso, General Electric, Siemens, ABB, SAMSON AG, Rotork, Azbil, B¼rkert, Emerson, GEMU, Yokogawa, Chongqing Chuanyi Automation, Maxonic.
The electric valve positioner market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Valve Positioner Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Valve Positioner Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Valve Positioner Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Valve Positioner Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Valve Positioner Market Size & Forecast, 2018-2028
4.5.1 Electric Valve Positioner Market Size and Y-o-Y Growth
4.5.2 Electric Valve Positioner Market Absolute $ Opportunity
Chapter 5 Global Electric Valve Positioner Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Valve Positioner Market Size Forecast by Type
5.2.1 Single Acting Positioner
5.2.2 Double Acting Positioner
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Valve Positioner Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Valve Positioner Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemical
6.2.3 Pharmaceutical Manufacturing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Valve Positioner Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Valve Positioner Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Valve Positioner Analysis and Forecast
9.1 Introduction
9.2 North America Electric Valve Positioner Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Valve Positioner Market Size Forecast by Type
9.6.1 Single Acting Positioner
9.6.2 Double Acting Positioner
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Valve Positioner Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemical
9.10.3 Pharmaceutical Manufacturing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Valve Positioner Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Valve Positioner Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Valve Positioner Market Size Forecast by Type
10.6.1 Single Acting Positioner
10.6.2 Double Acting Positioner
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Valve Positioner Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemical
10.10.3 Pharmaceutical Manufacturing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Valve Positioner Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Valve Positioner Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Valve Positioner Market Size Forecast by Type
11.6.1 Single Acting Positioner
11.6.2 Double Acting Positioner
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Valve Positioner Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemical
11.10.3 Pharmaceutical Manufacturing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Valve Positioner Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Valve Positioner Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Valve Positioner Market Size Forecast by Type
12.6.1 Single Acting Positioner
12.6.2 Double Acting Positioner
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Valve Positioner Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemical
12.10.3 Pharmaceutical Manufacturing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Valve Positioner Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Valve Positioner Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Valve Positioner Market Size Forecast by Type
13.6.1 Single Acting Positioner
13.6.2 Double Acting Positioner
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Valve Positioner Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemical
13.10.3 Pharmaceutical Manufacturing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Valve Positioner Market: Competitive Dashboard
14.2 Global Electric Valve Positioner Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Flowserve
14.3.3 Metso
14.3.4 General Electric
14.3.5 Siemens
14.3.6 ABB
14.3.7 SAMSON AG
14.3.8 Rotork
14.3.9 Azbil
14.3.10 Bürkert
14.3.11 Emerson
14.3.12 GEMU
14.3.13 Yokogawa
14.3.14 Chongqing Chuanyi Automation
14.3.15 Maxonic
