Marine Actuators and Valves Market : Trends, outlook and Opportunity Analysis 2025
Factors such as rapid globalization, the increasing demand for advanced valves in the marine sector, and a sizeable rise in foreign trade have acted in favor of the marine actuators and valves market’s expansion worldwide. While the market is projected to report a CAGR between 5.9% between 2016 and 2025. In 2016, the market’s valuation was at US$2.64 bn. However, rising at the aforementioned CAGR it is forecast to reach US$4.43 bn by the end of forecast period. In response to the rising international trade, the demand for marine transport is surging. Obtain Report Details @ http://www.transparencymarketresearch.com/marine-actuators-valves-market.html The global marine actuators and valves market can be bifurcated into actuators and valves. Of these, valves accounted for the leading market share, however, during the forecast period the actuator segment is forecast to exhibit a higher CAGR of 6.4%. Pneumatic actuators, hydraulic actuators, manual actuators, electric actuators, mechanical actuators, and hybrid actuators are the most common types available in the market. Some of the commonly used valve types include linear motion valves, rotary motion valves, specialty valves, and self-actuated valves. Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23042 Regionally, Asia Pacific, Europe, North America, South America, and the Middle East and Africa constitute the key segments in the global marine actuators and valves market. Among these regions, Asia Pacific held the lead in the overall market. Its dominance is expected to remain unaffected through the forecast period. The Asia Pacific marine actuators and valves market is therefore expected to hold 44.4% of the overall market by the end of 2024. The global marine actuators and valves market comprises both large and mid-scale companies. Some of the most prominent members in the market are AVK Holding A/S, Bßrkert Fluid Control Systems, Emerson Electric Co and Flowserve Corporation. These companies have a
strong global presence and are currently focusing on providing more advanced solutions to cater to the requirements of the marine industry. Some of the other prominent companies operating in the global marine actuators and valves market are KITZ Corporation, Rotork Plc, Schlumberger Limited, Tyco International Ltd., and Watts Water Technologies, Inc. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com