Global Valve Positioners Market Study 2019-2023: Sales Data on Pneumatic, Electro-Pneumatic, and Other Valve Positioners - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 12, 2019--
The “Valve Positioners Market by End-users, Product, and Geography - Global Forecast and Analysis 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The valve positioners market analysis considers sales from pneumatic valve positioners, electro-pneumatic valve positioners, and other valve positioners. The analysis also considers the sales of valve positioners in APAC, Europe, North America, South America, and MEA.
In 2018, the pneumatic valve positioners segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as anti-corrosion coating, which makes them best suited in industries such as oil and gas, chemicals, and mining and minerals will play a significant role in the pneumatic valve positioners segment to maintain its market position.
Also, the report looks at factors such as increasing adoption of customized valve positioners, rising adoption of renewable energy, and the presence of stringent environmental regulations. However, fluctuating cost of raw materials, high cost of ownership of electro-pneumatic valve positioners, and susceptibility to leakage and corrosion may hamper the growth of the valve positioners industry over the forecast period.
Rising adoption of renewable energy
The adoption of renewable sources of energy, such as solar energy, hydraulic energy, wind energy, among others is increasing owing to the decreasing supply of fossil fuels, and the need to reduce GHG emissions. This is increasing the demand for various equipment, such as control valves. Thus, the rising adoption of renewable energy is expected to fuel the growth of the valve positioners market at a CAGR of over 4% during the forecast period.
The popularity of smart valve positioners
Smart valve positioners are customizable and are equipped with microprocessors, enabling them to control the motion of the actuator and the valves. The automatic configuration and collaboration functions of smart valve positioners reduce the setup time and are easy to install. These positioners improve the operational efficiency of manufacturing plants. These benefits and the rising popularity of smart valve positioners is expected to have a positive impact on the overall market growth.
With the presence of several major players, the global valve positioners market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading valve positioners manufacturers, that include:
Also, the valve positioners market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/nmxjol
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INDUSTRY KEYWORD: OTHER MANUFACTURING MANUFACTURING
SOURCE: Research and Markets
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PUB: 09/12/2019 12:19 PM/DISC: 09/12/2019 12:19 PM