A valve positioner is used to control air load pressure which drives an actuator of a control valve. The positioners are basically on the top casing of pneumatic actuator for the linear stem control valves. By using valve positioners, the user is able to control system resolution while increasing the speed of loading and venting in processes.
MARKET SCOPE
The "Global Valve Positioner Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the valve positioner market with detailed market segmentation by type, actuation, end-user industry, and geography. The report provides key statistics on the market status of the leading valve positioner market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global valve positioner market is segmented into single acting positioner and double acting positioner.
- On the basis of actuation, the market is segmented into electro-pneumatic positioner, pneumatic positioner, and digital positioner.
- Based on end-user industry, the market is segmented into energy and power, food and beverages, chemical, pharmaceutical manufacturing, oil and gas, and others.
`
MARKET DYNAMICS
Drivers:
- To optimize productivity in process industries and fuel & power arenas, the demand of positioners is rising. This factor assists in driving the growth of the valve positioner market.
- Nevertheless, demand for high-end products is increasing which is anticipated to provide healthy opportunities to the players operating in the valve positioner market.
Restraints:
- The lack of standardized norms and governing policies and the competition from local manufacturers are some of the factors that may hamper the growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The valve positioner market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the valve positioner market in these regions.
IMPACT OF COVID-19 ON VALVE POSITIONER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the valve positioner market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from valve positioner market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the valve positioner market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Ltd.
- Christian Burkert GmbH and Co. KG
- Emerson Electric Co.
- Flowserve Corporation
- General Electric
- Metso Corporation
- Rotork plc
- Siemens AG
- Schneider Electric SE
- SAMSON Controls Inc.