Actuators & Valves Market is Likely to Grow at a CAGR of 5.23% from 2018 to 2025
The Global Actuators & Valves Market was valued at $76,127 million in 2014 and is likely to garner $127,129 million in 2025, growing at a CAGR of 5.23% during the forecast period according to Progressive Markets report, Actuators & Valves Market Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025. The report provides a detailed analysis of the actuators & valves market on a global basis. It discusses the key segments, regional breakdowns, market size and share, current trends and strategies, market landscape, and the growth opportunities for the future. It also highlights the key players providing solutions in the space. These insights are helpful for market players to gain profitability and investors to gain maximum returns on their investments. The report consists of vital statistics and data for the market players and investors to attain an in-depth knowledge of the global market and further their growth. Request Sample of Actuators & Valves Market Report The study incorporates an executive summary of the global actuators & valves market to assist market players, stakeholders, new entrants, and investors assess the entire industry and the required actions to achieve growth in the coming years. Key findings outlined in the report help market players gain insights on the key winning strategies and identify the prolific investment areas. Porters Five Forces model is offered in the study to help market players assess the level of competition in the industry. Bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat from substitutes, and industrial rivalry are the key parameters used to analyze the model. The market landscape of the global actuators & valves market is provided in terms of the drivers and restraints. The market is growing owing to the swiftly growing manufacturing and processing industry sector, safety assurance, and less requirement of manual handling. In addition, technological advancements in the actuators & valves technology and decline in prices are likely to provide an impetus to the growth of the market. On the other hand, high maintenance cost associated with actuators and valves and their laborious installation in certain conditions are expected to limit the growth of the actuators & valves industry. Ask for Discount The report offers a detailed segmentation of the global actuators & valves market based on type, application, and geography. By type, the industry is divided into actuators and valves. The actuators segment is again divided into electric actuators, mechanical actuators, pneumatic actuators, and hydraulic actuators. This segment garnered $33,231 million in 2017 and is expected to grow at a CAGR of 5.08% during the forecast period, 2018-2025. The valves segment is divided into quarterturn valves, multi-turn valves, and control valves. By application, the market is segmented into oil & gas, paper & pulp, mining, water & wastewater, food & beverages, energy & power, automotive, and others. The oil & gas sector garnered $21,295 million in 2017 and is likely to grow at a CAGR of 5.08% during the forecast period. The water & wastewater sector is expected to grow at a CAGR of 5.08% during the forecast period. Geographically, the market is analyzed across North America,