Market Overview:
The global electro-hydraulic valve actuator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electro-hydraulic valve actuators in various applications such as petrochemical, water treatment, power generation and others. Additionally, the growing demand for energy efficient and reliable systems is also propelling the growth of this market. However, fluctuating prices of raw materials may restrain the growth of this market to some extent during the forecast period. Based on type, single-acting electro-hydraulic valve actuators are expected to dominate the global electro-hydraulic valve actuator market during 2018–2030 owing to their low cost and easy installation process as compared with double acting ones.
Product Definition:
An electro-hydraulic valve actuator is a device that uses an electric current to control the position of a hydraulic valve. This type of actuator is important because it can provide precise control over the flow of fluid through a system, which can be used to regulate the operation of machinery or other devices.
Single-acting:
Single-acting actuators are used in hydraulic systems to control the motion of a valve. They have one stroke and actuation force, which is generated at the beginning of the stroke. The system works as follows: First, fluid is forced through a valve by means of a piston or slide rule movement.
Double-acting:
Double-acting actuators are used in hydraulic systems to control the motion of a valve. The term double-acting is generally used for valves that can be actuated by either positive or negative pressure. In contrast, single-acting actuators are designed to work only under positive pressure and they cannot withstand high negative pressures.
Application Insights:
Petrochemical industry dominated the global market in terms of actuators demand and accounted for a revenue share of over 30.0% in 2017. The high share is attributable to the rising demand for valves from various industries, such as oil & gas, chemical, petrochemicals which are growing at a significant pace across the globe. Petrochemical industry requires large number of actuation devices due to its critical nature and stringent regulations pertaining to safety & security that need to be followed at all times during valve operations. These factors are anticipated to drive growth over the forecast period thereby contributing towards segment growth in near future as well.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in valve actuator projects by various governments, particularly in China and India. For instance, as per a recent government announcement, China planned to invest around USD X billion for water conservancy and hydropower generation through Valve Actuators Over Thermal (VAT) project by 2020.
The Middle East & Africa is also anticipated to witness significant growth over the coming years owing to rising demand from oil & gas industry for controlling steam valves at power generation plants and other applications that require high-pressure actuation of valves. In addition, rising number of large scale construction projects such as FIFA World Cup 2022 will drive product demand across Qatar’s infrastructure sector which includes hospitals, schools etc., thereby driving product sales across the region.
Growth Factors:
- Increasing demand for electro-hydraulic valve actuators in the oil and gas industry as a result of the rise in exploration and production activities
- Growing popularity of electro-hydraulic valve actuators in power generation applications due to their ability to provide accurate control over the flow of fluids
- Rising demand for electro-hydraulic valve actuators from process industries owing to their ability to improve process efficiency and optimize plant operations
- Increasing adoption of electro-hydraulic valve actuators in water and wastewater treatment plants due to stringent government regulations on water usage and discharge
- Growing demand for advanced electro-hydraulic valve actuators with features such as remote monitoring, smart controls, etc., from various industrial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Electro-hydraulic Valve Actuator Market Research Report
By Type
Single-acting, Double-acting, Others
By Application
Petrochemical, Water Treatment, Power Generation, Others
By Companies
Siemens, Emerson (Damcos), Rotork, Samson, Rotex Automation, Hoerbiger, Danfoss Power Solutions, BETTIS, Moog
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Electro-hydraulic Valve Actuator Market Report Segments:
The global Electro-hydraulic Valve Actuator market is segmented on the basis of:
Types
Single-acting, Double-acting, Others
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
Petrochemical, Water Treatment, Power Generation, 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:
- Siemens
- Emerson (Damcos)
- Rotork
- Samson
- Rotex Automation
- Hoerbiger
- Danfoss Power Solutions
- BETTIS
- Moog
Highlights of The Electro-hydraulic Valve Actuator 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
- Double-acting
- Others
- By Application:
- Petrochemical
- Water Treatment
- Power Generation
- 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 Electro-hydraulic Valve Actuator 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.
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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 electro-hydraulic valve actuator is a type of valve that uses electricity to open and close the valves. This technology is often used in industrial applications, such as water treatment plants and oil refineries.
Some of the key players operating in the electro-hydraulic valve actuator market are Siemens, Emerson (Damcos), Rotork, Samson, Rotex Automation, Hoerbiger, Danfoss Power Solutions, BETTIS, Moog.
The electro-hydraulic valve actuator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electro-hydraulic Valve Actuator 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 Electro-hydraulic Valve Actuator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electro-hydraulic Valve Actuator 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 Electro-hydraulic Valve Actuator 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 Electro-hydraulic Valve Actuator Market Size & Forecast, 2020-2028
4.5.1 Electro-hydraulic Valve Actuator Market Size and Y-o-Y Growth
4.5.2 Electro-hydraulic Valve Actuator Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Single-acting
5.2.2 Double-acting
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Petrochemical
6.2.2 Water Treatment
6.2.3 Power Generation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electro-hydraulic Valve Actuator 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 Electro-hydraulic Valve Actuator 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Single-acting
9.6.2 Double-acting
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Petrochemical
9.10.2 Water Treatment
9.10.3 Power Generation
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Single-acting
10.6.2 Double-acting
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Petrochemical
10.10.2 Water Treatment
10.10.3 Power Generation
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Single-acting
11.6.2 Double-acting
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Petrochemical
11.10.2 Water Treatment
11.10.3 Power Generation
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Single-acting
12.6.2 Double-acting
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Petrochemical
12.10.2 Water Treatment
12.10.3 Power Generation
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Single-acting
13.6.2 Double-acting
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Petrochemical
13.10.2 Water Treatment
13.10.3 Power Generation
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 Electro-hydraulic Valve Actuator Market: Competitive Dashboard
14.2 Global Electro-hydraulic Valve Actuator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Emerson (Damcos)
14.3.3 Rotork
14.3.4 Samson
14.3.5 Rotex Automation
14.3.6 Hoerbiger
14.3.7 Danfoss Power Solutions
14.3.8 BETTIS
14.3.9 Moog
