The global Valve Actuator market size is projected to reach USD 22.27 billion by 2029

A valve actuator is a mechanism valve used to open and close. Manually operated valves require someone to be present, using a direct or gear mechanism connected to the valve stem to adjust them. Electric actuators use air pressure, hydraulic pressure, or electricity to allow remote adjustment of the valve or allow rapid operation of large valves. Electric valve actuators may be the final element of an automatic control loop that automatically adjusts certain flow rates, liquid levels, or other processes. The actuator may only be used to open and close the valve, or it may allow intermediate positioning; some valve actuators include switches or other means to remotely indicate the position of the valve.

According to the new market research report “Global Valve Actuator Market Report 2023-2029”, published by GlobalInfoResearch, tThe global Valve Actuator market size is projected to reach USD 22.27 billion by 2029, at a CAGR of 4.7% during the forecast period.

• Global Valve Actuator MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Valve Actuator Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

• Global Valve Actuator Top18Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global Valve Actuator Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

The global key manufacturers of Valve Actuator include Emerson, Rotork, Belimo, Siemens, AUMA, Honeywell, Johnson Controls, Schneider, SAMSON, Azbil Corporation, etc. In 2021, the global top five players had a share approximately 18.0% in terms of revenue.

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