Valve Actuator Market Size and Forecast (2021-2031)

Valve Actuator Market Size and Forecast (2021-2031)

Valve Actuator Market Size and Forecast (2021 – 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By End-user (Mining, LNG, Chemical, Oil and Gas, Water and Wastewater, Others), Product Type (Electrical, Manual, Hydraulic, Pneumatic), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)

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Description

The Valve Actuator Market size was valued at the market was valued at US$ 15.78 billion in 2023 and is expected to reach US$ 23.52 billion by 2031; it is estimated to record a CAGR of 5.0% from 2023 to 2031.

Recent developments in material science have produced strong, lightweight materials, enabling the creation of resilient, light, and mechanically strong actuators. Current developments in biotechnology, nanotechnology, and information technology will force the creation of new, smaller gadgets and machines that demand the use of strong forces. In addition, the rise of smart and data-driven urban environments demands technologies that go hand in hand with constantly changing environments. Therefore, many market players are engaged in innovating valve actuator technology to support the need for technologically advanced environments in various industries, such as food and beverages, oil & gas, power generation, automotive, and aerospace & defense.

The North America Valve Actuator Market is segmented into the US, Canada, and Mexico. Market growth in this region is attributed to the existing and expanding oil and gas industry. Valve actuators have widely found applications in the oil and gas industry. Valve actuators are used to operate valves in piping systems to regulate the flow of oil and gases (under pressure). Therefore, the flourishing oil and gas industry dominates the North America Valve Actuator Market. According to the International Energy Agency (IEA), the total crude oil production in North America rose by 66% during 2000–2021, reaching ~46.23 million Terajoules (TJ) in 2021. Various established valve actuators market players such as Honeywell, Emerson Electric, Helac Corporation, and Aberdeen Dynamics are operating in North America.

Various players across the region are engaging in the development of innovative electric valve actuators. For example, Kinitics Automation, a Canadian player, demonstrated its innovative electric valve actuators at the University of Calgary in January 2024. The University of Calgary is the laboratory host site for the NGIF Emission Testing Centre (ETC) program. The newly developed electric valve actuator was designed to replace methane-venting pneumatic actuators. This solution has the potential to significantly reduce greenhouse gas emissions by eliminating a source of methane released.

Asia Pacific has a robust oil and gas industry. The rise in population and industrial growth have been propelling energy demands in the region. According to the International Energy Agency (IEA), energy demand in Southeast Asia rose by an average of 3% every year from 2000 till 2020. It is further expected to grow at an average of 5% every year till 2030. As a result, governments in Southeast Asian countries emphasize on expanding their oil production units by introducing new refineries and expanding the production capacity of the existing oil refineries. According to the Energy Information Administration (EIA), at least nine refinery projects are scheduled for completion by the end of 2030 in Asia and the Middle East. Thus, the need for valve actuators in plants and refineries increases with the expansion of oil production capacities in Asia Pacific.

Emerson Electric Co, Schlumberger NV, Alfa Laval AB, Flowserve Corp, Crane Company, Rotork Plc, Valmet Oyj, KITZ Corp, IMI Plc, and Tolomatic, Inc. are among the prominent players profiled in the Valve Actuator Market report. The overall Valve Actuator Market analysis has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Valve Actuator Market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the market. The Valve Actuator Market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases.

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According to our latest study on “Valve Actuator Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by End-User, Product Type, and Geography,” the Valve actuator market size was valued at US$ 15.78 billion in 2023 and is expected to reach US$ 23.52 billion by 2031; it is estimated to record a CAGR of 5.0% from 2023 to 2031.

Advent of Industry 4.0 to Drive Valve Actuator Market Growth During Forecast Period

With respect to automation and intelligent manufacturing, Industry 4.0 is crucial to the broad expansion of various sectors. Over the years, Industry 4.0 has developed, leading to smarter manufacturing and better final products in terms of efficiency and quality. By introducing the Internet of Things (IoT) and information and communication technologies (ICT), Industry 4.0 brings more industrial axes of motion. Through the use of intelligent sensors and actuators, the digital and physical worlds interact.

Industry 4.0 is characterized by bringing automation into the industrial sector and incorporating smart technologies. It is transforming how companies manufacture, process, and distribute their products. It is focused on improving product quality by minimizing the risk of human error and posing a safe environment. Due to the rise of Industry 4.0, the governments of various countries are investing to boost automation in the manufacturing industry. For example, in January 2021, the US President announced the plan to strengthen the US manufacturing sector under the” Made in America” initiative, which focused on making technologically advanced and automated manufacturing sectors. He announced an investment of US$ 300 billion for the manufacturing sector to boost the country’s production output. Moreover, in November 2022, the US Department of Energy (DoE) announced a funding of US$ 2 million, in partnership with the Clean Energy Smart Manufacturing Innovation Institute (CESMII), to help manufacturers adopt smart manufacturing technologies and processes that will increase productivity, save energy, and boost competitiveness across energy-intensive industries.

Therefore, the advent of Industry 4.0 boosted the adoption of various robotics solutions in the manufacturing and industrial sectors where the actuators play a very crucial role for the linear or rotary movements in automated solutions. Actuators generate the forces that robots employ to move themselves and other objects. Valve actuators are widely used in a multitude of manufacturing process control systems. They help in the opening and closing of a valve where the flow of materials (liquid, gases, or solid) is required. Thus, the rise in automation in various industries, such as food & beverages, oil and gas, and automotive, fosters the demand for valve actuators and fuels the valve actuator market growth worldwide.

Key Findings of Actuator Market Study:

Based on end-user the market is divided onto mining, LNG, chemical, oil & gas, water and wastewater and others.. The LNG segment held significant valve actuator market share in 2023. LNG, or liquefied natural gas, is becoming a more significant component of the world’s energy mix. According to the International Energy Agency (IEA), in 2024, global gas demand is forecast to increase by 2.5%, or 100 billion cubic meters (bcm), compared to 2023. In addition, LNG supplies are expected to grow by 3.5% this year. For crucial LNG industry applications that guarantee safety, maximize plant uptime, and optimize operational efficiency, plants require appropriate products. The extraction, processing, and transport of LNG (both in pipelines and LNG carriers) safely and reliably is essential, where flow control plays a huge role. Thus, the growing LNG industry is expected to contribute to the demand for valve actuators, as they ensure effective flow control throughout the process, from liquefaction and extraction to regasification.

In the mining industry, valve actuators are used in dewatering, dust suppression, ventilation, and cooling applications, as well as pumping stations. Value actuators are used above ground in slurry pipelines, metallurgical froth flotation, and the separation, refining, and smelting of copper, zinc, and lead. They are used to control the flow of water through pipes and help ensure that the water pressure is regulated and the temperature does not get too high. These valve actuators are designed to withstand the harsh and demanding conditions typically found in mining operations, including high pressure, high temperature, corrosion, and abrasion. Thus, the wide application of valve actuators in the mining industry fuels market growth.

The report includes valve actuator market forecast by end-use, product type, regions, and countries from 2021 to 2031. The geographic scope of the valve actuator market report focuses encompasses North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). Further, the valve actuator market report includes company positioning and concentration to evaluate the performance of competitors/players in the market.

The Asia Pacific valve actuator market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. As per the Gas Report published by the International Energy Agency in 2020, the worldwide trade of LNG is expected to reach 585 billion cubic meters/year by 2025, with an increase of 21% compared to 2019. The expansion of LNG imports, led by China and India, has been contributing to the growth of the gas market in Asian countries. Burgeoning investments in the oil and gas sector further propel oil and gas production. As per the Shell LNG Outlook 2021, the global LNG demand is expected to reach 700 million tons by 2040, and the demand for natural gas continues to grow strongly in Asia Pacific countries, generating the need for gas production. Valve actuators are widely used to control the flow of oil in refineries, processing plants, and other related facilities.

China held significant valve actuator market share in 2022. According to the US Energy Information Administration, in 2021, China was the world’s leading energy producer and consumer, with primary energy production increasing by more than 6%, leading to a rise in overall energy production from all sources. Nuclear (11%), renewables (9%), and natural gas (8%) are the fastest rising energy sources year after year. Energy consumption increased by ~6%, with the highest growth in natural gas (12%), followed by nuclear (11%) and renewables (8%). In 2022, nonfossil fuels accounted for 49% of total installed electricity generation capacity, including hydropower (16%), solar (15%), and wind (14%). Higher crude oil and condensate output in 2022 led to total petroleum and other liquids production of 5.1 million barrels per day. Valve actuators have various applications in energy and power generation; in renewable energy production, it is used to regulate and help create motion in the solar tracking system as well as minimize energy waste in opening and closing the mechanism in wind turbines. Thus, the growing energy and power production across the country propelled the growth of the valve actuator market in the country.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the valve actuator market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the 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 market trends and outlook coupled with the factors driving the 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. 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. Valve Actuator Market – Key Market Dynamics
5.1 Valve Actuator Market – Key Market Dynamics
5.2 Drivers
5.2.1 Growth of Oil & Gas Industry
5.2.2 Development of Advanced Valve Actuators
5.2.3 Advent of Industry 4.0
5.3 Restraints
5.3.1 Economic Slowdown
5.4 Opportunities
5.4.1 Increasing Focus on Renewable Energy Sector
5.4.2 Rising Development of Water and Wastewater Treatment Plants
5.5 Future Trends:
5.5.1 Miniature Actuators
5.6 Impact of Drivers and Restraints:
6. Valve Actuator Market – Global Market Analysis
6.1 Valve Actuator Market Revenue (US$ million), 2023–2031
6.2 Valve Actuator Market Forecast Analysis
7. 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 and Gas
7.4.1 Overview
7.4.2 Oil and Gas: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
7.5 Water and Wastewater
7.5.1 Overview
7.5.2 Water and 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. 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. Valve Actuator Market – Geographical Analysis
9.1 Overview
9.2 North America
9.2.1 North America Valve Actuator Market Overview
9.2.2 North America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.2.3 North America: Valve Actuator Market Breakdown, by End-user
9.2.3.1 North America: Valve Actuator Market – Revenue and Forecast Analysis – by End-user
9.2.4 North America: Valve Actuator Market Breakdown, by Product Type
9.2.4.1 North America: Valve Actuator Market – Revenue and Forecast Analysis – by Product Type
9.2.5 North America: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.2.5.1 North America: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.2.5.2 United States: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.2.5.2.1 United States: Valve Actuator Market Breakdown, by End-user
9.2.5.2.2 United States: Valve Actuator Market Breakdown, by Product Type
9.2.5.3 Canada: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.2.5.3.1 Canada: Valve Actuator Market Breakdown, by End-user
9.2.5.3.2 Canada: Valve Actuator Market Breakdown, by Product Type
9.2.5.4 Mexico: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.2.5.4.1 Mexico: Valve Actuator Market Breakdown, by End-user
9.2.5.4.2 Mexico: Valve Actuator Market Breakdown, by Product Type
9.3 Europe
9.3.1 Europe Valve Actuator Market Overview
9.3.2 Europe: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.3 Europe: Valve Actuator Market Breakdown, by End-user
9.3.3.1 Europe: Valve Actuator Market – Revenue and Forecast Analysis – by End-user
9.3.4 Europe: Valve Actuator Market Breakdown, by Product Type
9.3.4.1 Europe: Valve Actuator Market – Revenue and Forecast Analysis – by Product Type
9.3.5 Europe: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.3.5.1 Europe: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.3.5.2 Germany: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.5.2.1 Germany: Valve Actuator Market Breakdown, by End-user
9.3.5.2.2 Germany: Valve Actuator Market Breakdown, by Product Type
9.3.5.3 United Kingdom: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.5.3.1 United Kingdom: Valve Actuator Market Breakdown, by End-user
9.3.5.3.2 United Kingdom: Valve Actuator Market Breakdown, by Product Type
9.3.5.4 France: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.5.4.1 France: Valve Actuator Market Breakdown, by End-user
9.3.5.4.2 France: Valve Actuator Market Breakdown, by Product Type
9.3.5.5 Italy: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.5.5.1 Italy: Valve Actuator Market Breakdown, by End-user
9.3.5.5.2 Italy: Valve Actuator Market Breakdown, by Product Type
9.3.5.6 Russia: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.5.6.1 Russia: Valve Actuator Market Breakdown, by End-user
9.3.5.6.2 Russia: Valve Actuator Market Breakdown, by Product Type
9.3.5.7 Rest of Europe: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.3.5.7.1 Rest of Europe: Valve Actuator Market Breakdown, by End-user
9.3.5.7.2 Rest of Europe: Valve Actuator Market Breakdown, by Product Type
9.4 Asia Pacific
9.4.1 Asia Pacific Valve Actuator Market Overview
9.4.2 Asia Pacific: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.3 Asia Pacific: Valve Actuator Market Breakdown, by End-user
9.4.3.1 Asia Pacific: Valve Actuator Market – Revenue and Forecast Analysis – by End-user
9.4.4 Asia Pacific: Valve Actuator Market Breakdown, by Product Type
9.4.4.1 Asia Pacific: Valve Actuator Market – Revenue and Forecast Analysis – by Product Type
9.4.5 Asia Pacific: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.4.5.1 Asia Pacific: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.4.5.2 China: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.5.2.1 China: Valve Actuator Market Breakdown, by End-user
9.4.5.2.2 China: Valve Actuator Market Breakdown, by Product Type
9.4.5.3 Japan: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.5.3.1 Japan: Valve Actuator Market Breakdown, by End-user
9.4.5.3.2 Japan: Valve Actuator Market Breakdown, by Product Type
9.4.5.4 South Korea: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.5.4.1 South Korea: Valve Actuator Market Breakdown, by End-user
9.4.5.4.2 South Korea: Valve Actuator Market Breakdown, by Product Type
9.4.5.5 India: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.5.5.1 India: Valve Actuator Market Breakdown, by End-user
9.4.5.5.2 India: Valve Actuator Market Breakdown, by Product Type
9.4.5.6 Australia: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.5.6.1 Australia: Valve Actuator Market Breakdown, by End-user
9.4.5.6.2 Australia: Valve Actuator Market Breakdown, by Product Type
9.4.5.7 Rest of APAC: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.4.5.7.1 Rest of APAC: Valve Actuator Market Breakdown, by End-user
9.4.5.7.2 Rest of APAC: Valve Actuator Market Breakdown, by Product Type
9.5 Middle East and Africa
9.5.1 Middle East and Africa Valve Actuator Market Overview
9.5.2 Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.5.3 Middle East and Africa: Valve Actuator Market Breakdown, by End-user
9.5.3.1 Middle East and Africa: Valve Actuator Market – Revenue and Forecast Analysis – by End-user
9.5.4 Middle East and Africa: Valve Actuator Market Breakdown, by Product Type
9.5.4.1 Middle East and Africa: Valve Actuator Market – Revenue and Forecast Analysis – by Product Type
9.5.5 Middle East and Africa: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.5.5.1 Middle East and Africa: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.5.5.2 South Africa: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.5.5.2.1 South Africa: Valve Actuator Market Breakdown, by End-user
9.5.5.2.2 South Africa: Valve Actuator Market Breakdown, by Product Type
9.5.5.3 Saudi Arabia: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.5.5.3.1 Saudi Arabia: Valve Actuator Market Breakdown, by End-user
9.5.5.3.2 Saudi Arabia: Valve Actuator Market Breakdown, by Product Type
9.5.5.4 United Arab Emirates: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.5.5.4.1 United Arab Emirates: Valve Actuator Market Breakdown, by End-user
9.5.5.4.2 United Arab Emirates: Valve Actuator Market Breakdown, by Product Type
9.5.5.5 Rest of Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.5.5.5.1 Rest of Middle East and Africa: Valve Actuator Market Breakdown, by End-user
9.5.5.5.2 Rest of Middle East and Africa: Valve Actuator Market Breakdown, by Product Type
9.6 South and Central America
9.6.1 South and Central America Valve Actuator Market Overview
9.6.2 South and Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.6.3 South and Central America: Valve Actuator Market Breakdown, by End-user
9.6.3.1 South and Central America: Valve Actuator Market – Revenue and Forecast Analysis – by End-user
9.6.4 South and Central America: Valve Actuator Market Breakdown, by Product Type
9.6.4.1 South and Central America: Valve Actuator Market – Revenue and Forecast Analysis – by Product Type
9.6.5 South and Central America: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.6.5.1 South and Central America: Valve Actuator Market – Revenue and Forecast Analysis – by Country
9.6.5.2 Brazil: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.6.5.2.1 Brazil: Valve Actuator Market Breakdown, by End-user
9.6.5.2.2 Brazil: Valve Actuator Market Breakdown, by Product Type
9.6.5.3 Argentina: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.6.5.3.1 Argentina: Valve Actuator Market Breakdown, by End-user
9.6.5.3.2 Argentina: Valve Actuator Market Breakdown, by Product Type
9.6.5.4 Rest of South and Central America: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
9.6.5.4.1 Rest of South and Central America: Valve Actuator Market Breakdown, by End-user
9.6.5.4.2 Rest of South and 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. 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. North America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 7. North America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 8. North America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Country
Table 9. United States: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 10. United States: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 11. Canada: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 12. Canada: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 13. Mexico: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 14. Mexico: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 15. Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 16. Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 17. Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Country
Table 18. Germany: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 19. Germany: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 20. United Kingdom: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 21. United Kingdom: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 22. France: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 23. France: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 24. Italy: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 25. Italy: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 26. Russia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 27. Russia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 28. Rest of Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 29. Rest of Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 30. Asia Pacific: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 31. Asia Pacific: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 32. Asia Pacific: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Country
Table 33. China: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 34. China: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 35. Japan: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 36. Japan: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 37. South Korea: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 38. South Korea: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 39. India: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 40. India: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 41. Australia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 42. Australia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 43. Rest of APAC: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 44. Rest of APAC: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 45. Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 46. Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 47. Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Country
Table 48. South Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 49. South Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 50. Saudi Arabia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 51. Saudi Arabia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 52. United Arab Emirates: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 53. United Arab Emirates: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 54. Rest of Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 55. Rest of Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 56. South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 57. South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 58. South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Country
Table 59. Brazil: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 60. Brazil: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 61. Argentina: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 62. Argentina: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 63. Rest of South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by End-user
Table 64. Rest of South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million) – by Product Type
Table 65. Company Positioning & Concentration

LIST OF FIGURES

Figure 1. Valve Actuator Market segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. PEST Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Valve Actuator Market Revenue (US$ million), 2023–2031
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 and Gas: Valve Actuator Market – Revenue and Forecast to 2031 (US$ million)
Figure 11. Water and 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. Valve Actuator Market Breakdown by Region, 2023 and 2031 (%)
Figure 19. North America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 20. North America: Valve Actuator Market Breakdown, by End-user (2023 and 2031)
Figure 21. North America: Valve Actuator Market Breakdown, by Product Type (2023 and 2031)
Figure 22. North America: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 23. United States: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 24. Canada: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 25. Mexico: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 26. Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 27. Europe: Valve Actuator Market Breakdown, by End-user (2023 and 2031)
Figure 28. Europe: Valve Actuator Market Breakdown, by Product Type (2023 and 2031)
Figure 29. Europe: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 30. Germany: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 31. United Kingdom: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 32. France: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 33. Italy: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 34. Russia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 35. Rest of Europe: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 36. Asia Pacific: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 37. Asia Pacific: Valve Actuator Market Breakdown, by End-user (2023 and 2031)
Figure 38. Asia Pacific: Valve Actuator Market Breakdown, by Product Type (2023 and 2031)
Figure 39. Asia Pacific: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 40. China: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 41. Japan: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 42. South Korea: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 43. India: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 44. Australia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 45. Rest of APAC: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 46. Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 47. Middle East and Africa: Valve Actuator Market Breakdown, by End-user (2023 and 2031)
Figure 48. Middle East and Africa: Valve Actuator Market Breakdown, by Product Type (2023 and 2031)
Figure 49. Middle East and Africa: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 50. South Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 51. Saudi Arabia: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 52. United Arab Emirates: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 53. Rest of Middle East and Africa: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 54. South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 55. South and Central America: Valve Actuator Market Breakdown, by End-user (2023 and 2031)
Figure 56. South and Central America: Valve Actuator Market Breakdown, by Product Type (2023 and 2031)
Figure 57. South and Central America: Valve Actuator Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 58. Brazil: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 59. Argentina: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 60. Rest of South and Central America: Valve Actuator Market – Revenue and Forecast to 2031(US$ million)
Figure 61. Heat Map Analysis by Key Players

The List of Companies – Valve Actuator Market 
o Emerson Electric Co
o Schlumberger NV
o Alfa Laval AB
o Flowserve Corp
o Crane Company
o Rotork Plc
o Valmet Oyj
o KITZ Corp
o IMI Plc
o Tolomatic, Inc.

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