Global Valve Positioner Market Segments 2024, Forecast To 2033
5 Mar, 2024
The valve positioner market size has witnessed robust growth, increasing from $1.82 billion in 2023 to $1.93 billion in 2024, reflecting a CAGR of 6.2%. This growth is attributed to industrialization and manufacturing growth, integration with control systems, growing demand in established markets, and improving manufacturing and industrial practices. The market is expected to continue strong growth, reaching $2.45 billion in 2028, sustaining a CAGR of 6.1%. Major trends in the forecast period include industrial automation and digitalization, emphasis on operational efficiency, demand for process optimization, stringent safety and environmental regulations, and integration with IIoT and smart systems.
Global Valve Positioner Market Key Driver
The valve positioner market is witnessing growth with the increasing number of industries. The United Nation Industrial Development Organization reported a stabilized growth rate of 3.6% in worldwide manufacturing production, contributing to the expansion of the valve positioner market.
Get A Free Sample Of The Global Valve Positioner Market ReportGlobal Valve Positioner Market Segments
The valve positioner market covered in this report is segmented –
1) By Type: Pneumatic Valve Positioner, Electro-Pneumatic Valve Positioner, Digital Valve Positioner
2) By Actuation: Single Acting, Double Acting
3) By Industry: Oil And Gas, Water And Wastewater treatment, Energy And Power, Chemical, Pharmaceutical, Food And Beverages, Other Industries
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the valve positioner market in 2023. Asia-Pacific is expected to be the fastest-growing region in the valve positioner market during the forecast period. The regions covered in the valve positioner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Valve Positioner Industry Players
Asea Brown Boveri Ltd.; Emerson Electric Co.; Flowserve Corporation; Siemens AG; Schneider Electric SE; Baker Hughes Company; Sintered MetalCorporation; Azbil Corporation; Metso Outotec Corporation; Rotork plc; Badger Meter Inc.; General Electric Company; Valmet Corporation; Samson AG; VRG Controls Inc.; Festo Corporation; ControlAir LLC; Crane Co.; Bray International Inc.; Yokogawa Electric Corporation; Christian Bürkert GmbH & Co. KG; CIRCOR International Inc.; ControlAir Crane Co.; Dwyer Instruments Inc.; GEMÜ Gebr. Müller Apparatebau GmbH & Co. KG; Valve Related Controls Inc.; Nihon KOSO Co. Ltd.; Spirax-Sarco Limited; Honeywell International Inc.; Rotex Automation Limited; A-T Controls Inc.; Bürkert Fluid Control Systems; Danfoss A/S; Parker Hannifin Corporation; Pentair plc
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AIOps Valve Positioner Market Overview
A valve positioner is a device that connects to the valve stem and communicates with the process controller and actuator to determine the exact position of the valve. The process controller sends a signal to the positioner, which then sends a signal to the actuator to move the valve.
Valve Positioner Global Market Report 2023 provides data on the global valve positioner market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The valve positioner market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.