Market Overview:
The global part turn electric 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 electric valve actuators in various industries such as shipbuilding, automobile, power, food and pharmaceuticals. Additionally, the growing awareness about energy efficiency is also propelling the demand for part turn electric valve actuators across the globe.
Product Definition:
A part turn electric valve actuator is a device that uses an electric motor to open and close a valve. This type of actuator is often used in industrial applications where precise control of the flow of liquids or gases is required.
Manual Quarter-Turn Actuator:
Manual quarter-turn actuator is a manual control system used to open, close and position valves. It’s an electric valve actuating device that uses a handle or lever for operating the valve. The system is mostly used in safety valves, which are installed in places like chemical storage tanks and processing plants where there’s a possibility of dangerous gasses getting released into the atmosphere.
Manual Multi-Turn Actuator:
Manual multi-turn actuator is a manual control system which consists of two or more force sources that are applied to the handle. The system can be used in various applications such as position feedback, rotary actuators, and flow control. It has high torque density and low speed compared to electric valve actuators making it suitable for heavy duty applications.
Application Insights:
The global part turn electric valve actuator market is segmented by application into automobile, food and beverage industry, pharmaceutical industry, power generation industry and shipbuilding industry. In 2017, the automotive application accounted for the largest share in terms of revenue as well as volume. The growing demand for electric actuators with improved features such as programmable logic controller (PLC) control system is expected to drive the growth of this segment over the forecast period.
In automobiles or trucks and buses there are two types of valves used namely solenoid-operated multi-way flapper valves and diaphragm operated ball valves which are used to control air flow between engine compartment & cabin area respectively. Electric actuation provides smooth opening & closing action with no moving parts so they can be ideal for use in vehicles where durability & hygiene are important factors.
Regional Analysis:
Asia Pacific dominated the global part turn electric valve actuator market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for valves from shipbuilding, oil & gas and power industries. In addition, rising infrastructural development activities are anticipated to fuel product adoption across various end-use industries in China and India.
The North America market is projected to grow at a CAGR of XX% over the forecast period owing to growing adoption across shipbuilding, oil & gas and food processing industries. Europe also accounted for a considerable share of revenue generation due to high demand from shipbuilding industry as well as other application segments such as water management, chemical processing and others.
The Middle East & Africa region is projected exhibit high growth potential on account of rapid developments taking place in countries including Saudi Arabia (oil field development), UAE (gas field development) Egypt (hydropower generation) Israel (desalination plants).
Growth Factors:
- Increasing demand for electric valve actuators in the oil and gas industry as a result of the rise in exploration and production activities
- Growing popularity of electric valve actuators in power generation plants owing to their ability to offer high performance and reliability
- Rising demand for electric valve actuators 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 is boosting adoption of intelligent or programmable valves actuators across various industries
- Technological advancements that are resulting in development of more energy-efficient electric valve actuators
Scope Of The Report
Report Attributes
Report Details
Report Title
Part Turn Electric Valve Actuator Market Research Report
By Type
Manual Quarter-Turn Actuator, Manual Multi-Turn Actuator, Manual Part-Turn Actuator, Others
By Application
Shipbuilding Industry, Automobile, Power Industry, Food Industry, Pharmaceutical Industry, Others
By Companies
Distribució Valvules Tecniques, S.L., Comparato Nello S.r.l., DeZURIK, Ferry Products, Emerson, Hangzhou Chinabase Machinery Co, InterApp AG, KSB SE＆Co. KGaA, Martin Lohse GmbH, Nippon Gear Co, Rotork, SAF S.r.l., Safe Rack, SC Neptun SA, Sisto Armaturen SA, Trutorq Mekanotjanst Ltd, VIR Biotechnology, WAMGROUP S.p.A, Watson-Marlow Fluid Technology Group
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Part Turn Electric Valve Actuator Market Report Segments:
The global Part Turn Electric Valve Actuator market is segmented on the basis of:
Types
Manual Quarter-Turn Actuator, Manual Multi-Turn Actuator, Manual Part-Turn Actuator, 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
Shipbuilding Industry, Automobile, Power Industry, Food Industry, Pharmaceutical Industry, 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:
- Distribució Valvules Tecniques, S.L.
- Comparato Nello S.r.l.
- DeZURIK
- Ferry Products
- Emerson
- Hangzhou Chinabase Machinery Co
- InterApp AG
- KSB SE＆Co. KGaA
- Martin Lohse GmbH
- Nippon Gear Co
- Rotork
- SAF S.r.l.
- Safe Rack
- SC Neptun SA
- Sisto Armaturen SA
- Trutorq Mekanotjanst Ltd
- VIR Biotechnology
- WAMGROUP S.p.A
- Watson-Marlow Fluid Technology Group
Highlights of The Part Turn Electric 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:
- Manual Quarter-Turn Actuator
- Manual Multi-Turn Actuator
- Manual Part-Turn Actuator
- Others
- By Application:
- Shipbuilding Industry
- Automobile
- Power Industry
- Food Industry
- Pharmaceutical Industry
- 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 Part Turn Electric 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?
A part turn electric valve actuator is a type of electric valve that can be turned by hand. This type of actuator is often used in applications where precise control over the opening and closing of the valve is required, such as in water or gas pipelines.
Some of the major companies in the part turn electric valve actuator market are Distribuci³ Valvules Tecniques, S.L., Comparato Nello S.r.l., DeZURIK, Ferry Products, Emerson, Hangzhou Chinabase Machinery Co, InterApp AG, KSB SE＆Co. KGaA, Martin Lohse GmbH, Nippon Gear Co, Rotork, SAF S.r.l., Safe Rack, SC Neptun SA, Sisto Armaturen SA, Trutorq Mekanotjanst Ltd, VIR Biotechnology, WAMGROUP S.p.A, Watson-Marlow Fluid Technology Group.
The part turn electric valve actuator 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 Part Turn Electric 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 Part Turn Electric Valve Actuator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Part Turn Electric 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 Part Turn Electric 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 Part Turn Electric Valve Actuator Market Size & Forecast, 2020-2028
4.5.1 Part Turn Electric Valve Actuator Market Size and Y-o-Y Growth
4.5.2 Part Turn Electric 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 Manual Quarter-Turn Actuator
5.2.2 Manual Multi-Turn Actuator
5.2.3 Manual Part-Turn Actuator
5.2.4 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 Shipbuilding Industry
6.2.2 Automobile
6.2.3 Power Industry
6.2.4 Food Industry
6.2.5 Pharmaceutical Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Part Turn Electric 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 Part Turn Electric 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 Manual Quarter-Turn Actuator
9.6.2 Manual Multi-Turn Actuator
9.6.3 Manual Part-Turn Actuator
9.6.4 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 Shipbuilding Industry
9.10.2 Automobile
9.10.3 Power Industry
9.10.4 Food Industry
9.10.5 Pharmaceutical Industry
9.10.6 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 Manual Quarter-Turn Actuator
10.6.2 Manual Multi-Turn Actuator
10.6.3 Manual Part-Turn Actuator
10.6.4 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 Shipbuilding Industry
10.10.2 Automobile
10.10.3 Power Industry
10.10.4 Food Industry
10.10.5 Pharmaceutical Industry
10.10.6 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 Manual Quarter-Turn Actuator
11.6.2 Manual Multi-Turn Actuator
11.6.3 Manual Part-Turn Actuator
11.6.4 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 Shipbuilding Industry
11.10.2 Automobile
11.10.3 Power Industry
11.10.4 Food Industry
11.10.5 Pharmaceutical Industry
11.10.6 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 Manual Quarter-Turn Actuator
12.6.2 Manual Multi-Turn Actuator
12.6.3 Manual Part-Turn Actuator
12.6.4 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 Shipbuilding Industry
12.10.2 Automobile
12.10.3 Power Industry
12.10.4 Food Industry
12.10.5 Pharmaceutical Industry
12.10.6 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 Manual Quarter-Turn Actuator
13.6.2 Manual Multi-Turn Actuator
13.6.3 Manual Part-Turn Actuator
13.6.4 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 Shipbuilding Industry
13.10.2 Automobile
13.10.3 Power Industry
13.10.4 Food Industry
13.10.5 Pharmaceutical Industry
13.10.6 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 Part Turn Electric Valve Actuator Market: Competitive Dashboard
14.2 Global Part Turn Electric Valve Actuator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Distribució Valvules Tecniques, S.L.
14.3.2 Comparato Nello S.r.l.
14.3.3 DeZURIK
14.3.4 Ferry Products
14.3.5 Emerson
14.3.6 Hangzhou Chinabase Machinery Co
14.3.7 InterApp AG
14.3.8 KSB SE＆Co. KGaA
14.3.9 Martin Lohse GmbH
14.3.10 Nippon Gear Co
14.3.11 Rotork
14.3.12 SAF S.r.l.
14.3.13 Safe Rack
14.3.14 SC Neptun SA
14.3.15 Sisto Armaturen SA
14.3.16 Trutorq Mekanotjanst Ltd
14.3.17 VIR Biotechnology
14.3.18 WAMGROUP S.p.A
14.3.19 Watson-Marlow Fluid Technology Group
