South & Central America Valve Actuator Market Forecast to 2031

At 2.8% CAGR, South & Central America Valve Actuator Market is Projected to be Worth US$ 858.73 Million by 2031, says Business Market Insight

According to Business Market Insights’ research, the South & Central America valve actuator market was valued at US$ 687.99 million in 2023 and is expected to reach US$ 858.73 million by 2031, registering a CAGR of 2.8% from 2023 to 2031. Rising development of water & wastewater treatment plants and miniature actuators are among the critical factors attributed to drive the South & Central America valve actuator market growth.

With the population growth and rise in industrialization worldwide, there is a rise in the residential, commercial, and industrial sectors. A sizable volume of untreated wastewater from commercial, residential, and agricultural sources is dumped into rivers and other bodies of water. This unchecked discharge poses serious health risks, degrades soil, and pollutes water. According to Avantor, untreated wastewater poses significant health risks, accounting for 1.7 million deaths annually. Over 90 percent of those deaths are in developing nations. Thus, there is a growing focus on developing wastewater treatment facilities to safeguard people, as well as local ecosystems, from toxic elements detected in wastewater. In 2023, the Argentine Minister of Economy, the Minister of Public Works, the Minister of Infrastructure and Public Services, and the General Secretary of SGBATOS announced the expansion of the third module of the “North Treatment Plant,” which will allow 300,000 additional residents to utilize the plant’s sanitation services, as well as the “Energy Cogeneration” project, which will allow the establishment to contribute to a circular economy model. Investments and upcoming opportunities for the development of the water & wastewater sector foster the demand for infrastructure, machinery, and equipment required in the water & wastewater treatment plants. In sewage and water treatment facilities, valve actuators have several uses. Every day, they manage the flow of billions of gallons of water & wastewater, and they must endure exposure to harsh environments, high water pressures, and fast flow rates. Valve actuators must consistently operate with accuracy, precision, and control under these demanding conditions because even the smallest malfunction can have serious financial and safety repercussions. Thus, the rising development of water & wastewater treatment plants is expected to fuel the need for valve actuators in these facilities, creating growth opportunities for the market.

On the contrary, economic slowdown hampers the growth of South & Central America valve actuator market.

Based on end user, the South & Central America valve actuator market is segmented into mining, LNG, chemical, oil & gas, water & wastewater, and others. The oil & gas segment held 26.8% market share in 2023, amassing US$ 184.25 million. It is projected to garner US$ 252.11 million by 2031 to register 4.0% CAGR during 2023-2031.

In terms of product type, the South & Central America valve actuator market is categorized into electrical, manual, hydraulic, and pneumatic. The electrical segment held 66.9% share of South & Central America valve actuator market in 2023, amassing US$ 460.57 million. It is anticipated to garner US$ 583.59 million by 2031 to expand at 3.0% CAGR during 2023-2031.

Based on country, the South & Central America valve actuator market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 62.3% share of South & Central America valve actuator market in 2023. It was assessed at US$ 428.49 million in 2023 and is likely to hit US$ 549.01 million by 2031, registering a CAGR of 3.1% during 2023-2031.

Key players operating in the South & Central America valve actuator market are Emerson Electric Co; Schlumberger NV; Alfa Laval AB; Flowserve Corp; Crane Company; Rotork Plc; Valmet Oyj; KITZ Corp; IMI Plc; and Tolomatic, Inc., among others.

In January 2024, Emerson Electric Co launched a new eco-friendly electric valve actuator used for ensuring accurate process control in adverse conditions. This eco-friendly electric valve actuator performs accurately and reliably under the extreme conditions found in many heavy industries, particularly oil & gas installations in cold remote locations. These actuator/valve assemblies increase uptime, improve performance, and reduce the risk of emissions posed by gas-operated systems locations.
In March 2023, Flowserve Corp launched FlowSync Bluetooth Actuator App deployed with Limitorque electric actuators for delivering reliable valve control in a variety of applications. The cross-platform mobile application provides plant operators with a smarter way to commission, monitor, control, and update actuators safely and conveniently.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America valve actuator market.
o Highlights key business priorities to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America valve actuator market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America valve actuator market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Valve Actuator Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. South & Central America Valve Actuator Market – Key Market Dynamics
5.1 Drivers
5.1.1 Growth of Oil & Gas Industry
5.1.2 Development of Advanced Valve Actuators
5.1.3 Advent of Industry 4.0
5.2 Restraints
5.2.1 Economic Slowdown
5.3 Opportunities
5.3.1 Increasing Focus on Renewable Energy Sector
5.3.2 Rising Development of Water & Wastewater Treatment Plants
5.4 Future Trends:
5.4.1 Miniature Actuators
5.5 Impact of Drivers and Restraints:
6. Valve Actuator Market – South & Central America Analysis
6.1 South & Central America Valve Actuator Market Overview
6.2 Valve Actuator Market Revenue (US$ million), 2021-2031
6.3 Valve Actuator Market Forecast Analysis
7. South & Central America Valve Actuator Market Analysis – by End User
7.1 Mining
7.1.1 Overview
7.1.2 Mining: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
7.2 LNG
7.2.1 Overview
7.2.2 LNG: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
7.3 Chemical
7.3.1 Overview
7.3.2 Chemical: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
7.4 Oil & Gas
7.4.1 Overview
7.4.2 Oil & Gas: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
7.5 Water & Wastewater
7.5.1 Overview
7.5.2 Water & Wastewater: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
8. South & Central America Valve Actuator Market Analysis – by Product Type
8.1 Electrical
8.1.1 Overview
8.1.2 Electrical: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
8.2 Manual
8.2.1 Overview
8.2.2 Manual: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
8.3 Hydraulic
8.3.1 Overview
8.3.2 Hydraulic: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
8.4 Pneumatic
8.4.1 Overview
8.4.2 Pneumatic: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9. South Central America Valve Actuator Market – Country Analysis
9.1 South & Central America
9.1.1 South & Central America: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
9.1.1.1 South & Central America: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Brazil: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.2.1 Brazil: Valve Actuator Market Breakdown, by End User
9.1.1.2.2 Brazil: Valve Actuator Market Breakdown, by Product Type
9.1.1.3 Argentina: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.3.1 Argentina: Valve Actuator Market Breakdown, by End User
9.1.1.3.2 Argentina: Valve Actuator Market Breakdown, by Product Type
9.1.1.4 Rest of South & Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.1.1.4.1 Rest of South & Central America: Valve Actuator Market Breakdown, by End User
9.1.1.4.2 Rest of South & Central America: Valve Actuator Market Breakdown, by Product Type
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 Emerson Electric Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Schlumberger NV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Alfa Laval AB
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Flowserve Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Crane Company
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Rotork Plc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Valmet Oyj
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 KITZ Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 IMI Plc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Tolomatic, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Glossary
13.2 About The Research Team

LIST OF TABLES

Table 1. South & Central America Valve Actuator Market Segmentation
Table 2. List of Vendors
Table 3. Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Table 4. Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 5. Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by Product Type
Table 6. South & Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by Country
Table 7. Brazil: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 8. Brazil: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by Product Type
Table 9. Argentina: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 10. Argentina: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by Product Type
Table 11. Rest of South & Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by End User
Table 12. Rest of South & Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million) – by Product Type
Table 13. Heat Map Analysis by Key Players

LIST OF FIGURES

Figure 1. South & Central America Valve Actuator Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Valve Actuator Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Valve Actuator Market Revenue (US$ million), 2021-2031
Figure 6. Valve Actuator Market Share (%) – by End User (2023 and 2031)
Figure 7. Mining: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 8. LNG: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 9. Chemical: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 10. Oil & Gas: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 11. Water & Wastewater: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 12. Others: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 13. Valve Actuator Market Share (%) – by Product Type (2023 and 2031)
Figure 14. Electrical: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 15. Manual: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 16. Hydraulic: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 17. Pneumatic: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 18. South & Central America Valve Actuator Market, by Key Countries – Revenue (2023) (US$ Million)
Figure 19. South & Central America: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 20. Brazil: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 21. Argentina: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 22. Rest of South & Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 23. Company Positioning & Concentration