Control Valve Positioning Device Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 2.8 Billion by 2033 at a CAGR of 7.5% from 2026 to 2033.
The global control valve positioning device market has exhibited substantial growth, with its size valued at USD 2.3 billion in 2022. Projections indicate that the market will reach USD 3.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. This growth is primarily driven by the increasing adoption of automation across various industries, technological advancements in valve positioners, and the rising need for precise control in fluid flow systems. The energy and power sector, in particular, has been a significant contributor, holding a revenue share of 32.09% in 2023, due to the critical role of valve positioners in enhancing operational efficiency and safety within power generation plants. Regionally, North America dominated the market with a 35.3% revenue share in 2023, fueled by the expansion of industrial automation and the robust oil and gas sector seeking improved production efficiency and safety measures. The U.S. market is anticipated to grow at a CAGR of 5.5% over the forecast period, driven by advancements in automation technologies and increased emphasis on infrastructure modernization. In the Asia Pacific region, rapid industrialization in countries like China and India is expected to drive the market at the fastest CAGR, as these nations invest in infrastructure and manufacturing capabilities to meet the demands of their growing populations. Europe also presents significant growth opportunities, with stringent EU regulations promoting energy efficiency and environmental sustainability, encouraging industries to adopt advanced valve positioners to comply with these standards.
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Metso
General Electric
Emerson
Flowserve
Siemens
ABB
SAMSON AG
Rotork
Azbil
SMC
Baker Hughes
Bürkert
Schneider Electric
GEMU
Yokogawa
Nihon KOSO
Festo
Circor International
ContRoLAir
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Control Valve Positioning Device Market
Electro-Pneumatic Positioners
Smart Positioners
Pneumatic Positioners
Digital Positioners
Electric Actuator
Pneumatic Actuator
Hydraulic Actuator
Oil & Gas
Water & Wastewater Treatment
Power Generation
Pulp & Paper
Chemicals
Food & Beverage
On/Off Control
Continuous Control
Position Control
HART Protocol
Fieldbus Protocol
PROFIBUS
DeviceNet
Modbus
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Control Valve Positioning Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Control Valve Positioning Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Control Valve Positioning Device Market, By Type
6. Global Control Valve Positioning Device Market, By Application
7. Global Control Valve Positioning Device Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Control Valve Positioning Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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