Lewes, DE -- (SBWire) -- 12/24/2018 --Global Rotary Valve Actuator market will register a 3.0% CAGR in terms of revenue, reach US$ 1490 million by 2023, from US$ 1250 million in 2017.
A rotary actuator is an actuator that produces a rotary motion or torque. The simplest actuator is purely mechanical, where linear motion in one direction gives rise to rotation. The most common actuators though are electrically powered. Other actuators may be powered by pneumatic or hydraulic power, or may use energy stored internally through springs.
The motion produced by an actuator may be either continuous rotation, as for an electric motor, or movement to a fixed angular position as for servomotors and stepper motors. A further form, the torque motor, does not necessarily produce any rotation but merely generates a precise torque which then either causes rotation, or is balanced by some opposing torque.
A rotary actuator is an actuator that produces a rotary motion or torque. The simplest actuator is purely mechanical, where linear motion in one direction gives rise to rotation. The most common actuators though are electrically powered. Other actuators may be powered by pneumatic or hydraulic power, or may use energy stored internally through springs.
The motion produced by an actuator may be either continuous rotation, as for an electric motor, or movement to a fixed angular position as for servomotors and stepper motors. A further form, the torque motor, does not necessarily produce any rotation but merely generates a precise torque which then either causes rotation, or is balanced by some opposing torque.
The Rotary Valve Actuator market has been studied for North America, Europe, Asia Pacific, Middle East, and Rest of the World (RoW). The Asia Pacific region is estimated to lead the Rotary Valve Actuator market in 2017, and the region is expected to be a driver of the global Internet of Things (IoT) in the coming years. IoT has been a focus area in emerging economies, such as India and China. The Indian government, for instance, has been pursuing its 'Digital India' initiative with a massive push towards IoT. This includes the establishment of smart cities and IoT-specific centers of excellence.
The significant investments incurred in the development of different types of Rotary Valve Actuator is a major factor restraining the growth of the Rotary Valve Actuator market across the globe. Significant investments are required at different stages of the value chain of the actuator industry (especially in R&D, manufacturing, system integration, and assembly stages).
Over the next five years, study projects that Rotary Valve Actuator will register a 3.0% CAGR in terms of revenue, reach US$ 1490 million by 2023, from US$ 1250 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Valve Actuator market by product type, application, key manufacturers and key regions.
To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Pneumatic
Hydraulic
Electric
Others
Segmentation by application:
Chemical and Petrochemical
Food & Beverages
Oil & Gas
Water and Waste Water Treatment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Honeywell
Rotork
Siemens
AUMA
Emerson
Danfoss
SAMSON
OMEGA
Christian Bürkert
HKS
REXA
Exlar
ProMation Engineering
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Rotary Valve Actuator consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Rotary Valve Actuator market by identifying its various subsegments.
Focuses on the key global Rotary Valve Actuator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Rotary Valve Actuator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Rotary Valve Actuator submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Spanning over 163 pages "Forecast of Global Rotary Valve Actuator Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Rotary Valve Actuator by Players, Rotary Valve Actuator by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Rotary Valve Actuator Market Forecast, Key Players Analysis, Research Findings and Conclusion.
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