Marine Valves and Actuators Market
Marine Valves and Actuators Market Analysis by Technology Type (Actuators [Pneumatic Actuators, Hydraulic Actuators, Manual Actuators, Electric Actuators], Valves [Linear Motion Valves, Rotary Motion Valve, Specialty Valve]), by Vessel Type (Passenger Ships & Vessels, Dry Cargo Vessels, Tankers, Dry Bulk Carriers), by Region - Global Forecast 2022 to 2032
Analysis of Marine Valves and Actuators market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Marine Valves and Actuators Market Outlook (2022 to 2032)
The marine valves and actuators market is predicted to grow at a moderate CAGR of 4.5%. The global market is estimated to reach a value of about US$ 5.8 Bn by 2032, growing from US$ 3.5 Bn valued in 2021.
| Report Attributes | Details |
|---|---|
| Marine Valves and Actuators Market Size (2021) | US$ 3.5 Bn |
| Marine Valves and Actuators Market Value (2022) | US$ 3.7 Bn |
| Marine Valves and Actuators Market Value (2032) | US$ 5.8 Bn |
| Marine Valves and Actuators Market Growth Rate (2022 to 2032) | 4.5% |
| Market Share of Top 5 Countries | 63.8% |
| Marine Valves and Actuators Market Key Players | AVK Holdings A/S; Bürkert Fluid Control Systems; Emerson Electric Co; Flowserve Corporation; Honeywell International Inc.; KITZ Corporation; Rotork Plc; Schlumberger Limited; Tyco International Ltd.; Watts Water Technologies, Inc. |
“Recent technical advancements in the marine sector achieved through R&D activities has increased the demand for employing advanced actuators and valves, giving a broad market reach.”
Rapid globalization of the manufacturing market has significantly increased the international commerce rising demand for marine ships and vessels that can transport the raw materials and finished products. The growing use of vessels for marine mobility has aided the growth of the one-way marine valve and actuator market across the world.
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What are the Different Market Dynamics driving the Global Marine Valve Actuators Market?
“The need for sea transportation is increasing as a result of increased worldwide trade that have shifted the scales in favour of developments in the marine actuators and valves market.”
What are the Driving Factors for the Global Marine Valves and Actuators Market in the Forecast Years?
In the present world, shipping has overtaken other means of transportation as the highly preferred method of transportation due to its low cost a minimal carbon footprint.
Consequently, the overall volume of traffic over sea routes and waterways has expanded substantially by seaborne tankers, vessels, ships and other cargo boats. Air vent head that governs ship operations by using valves and actuators is turning out to be a remunerative business for market players.
The defence or naval branch contributes a significant marine valves and actuators market share since flow management in the battleships is critical for the sector. Advancement in maritime warfare techniques deploying military-grade maritime vessels such as corvettes, frigates and destroyers is expected to boost the demand for marine electric actuators and marine gas valves in the defence sector.
The global expansion of the oil & gas sector as a result of enlarging production and consumption levels throughout the economies has resulted in the development of seaborne trade among supplier and consumer economies. According to the market survey report by United Nations Conference on Trade & Development (UNCTAD) in 2021, more than 80% of international trade in goods is carried out by sea routes in terms of volume.
The shipping industry is expanding at a significant rate after the receding of the pandemic crisis carrying immense opportunities for the associated industries, including the global valves and actuators market.
What are the Major Challenges Experienced by the Marine Valves and Actuators Market Players?
The use of pneumatic actuator systems typically wastes more energy by delivering more pressure than the requirement of the actuator. Moreover, the amount of fluid lost in the
pneumatic actuators decreases the efficiency resulting in a cost of US$ 0.1 per kilowatt-hour of electricity. Such a higher cost associated with the marine valves and actuators has rendered it a less feasible option for many end-users.
The provision of compulsory regulatory policies for testing and release of the marine inline check valve and actuators is the most limiting factor for the global market located within any national boundary. As a result, many emerging players in the marine valve and actuators market can’t afford the expenses associated with the intensive testing procedures and get side-lined in the global market.
These are some of the factors that are projected to impede the growth of the worldwide marine valves and actuators market during the forecast years.
Comparative View of Adjacent Global Marine Valve Actuators Market
| Attributes | Marine Valves and Actuators Market | Marine Scrubber Systems Market | Marine Sealants Market |
|---|---|---|---|
| CAGR (2022 to 2032) | 4.5% | 10.8% | 2% |
| Market Value (2027) | US$ 4.9 Bn | US$ 7 Bn | US$ 45 Bn |
| Growth Factor | Rise in demand for sea borne trade and waterway transport systems. | Directives focused at curbing the marine pollution has increased the use of scrubbers. | Expansion of global cargo trade has enhanced the shipbuilding industry. |
| Opportunity | Diversification of crude oil suppliers in view of present geopolitical situations. | Rising concerns for the amount of Sulphur oxides from the maritime industry calls for more R&D. | Strengthening of naval power by inducting more number of warships in the coming days. |
| Key Trends | Adoption of high performance ferry and boat engines for urban transportation. | Asia Pacific region holds the largest market share in terms of consumption and export in the global market. | R&D initiatives undertaken by numerous manufacturing companies has stimulated the industry demand. |
The need for new types of technologies is being fuelled by higher demand for innovative goods that can provide improved performance and dependability while minimizing environmental impacts.
A marine linear actuator is a very important component for the maritime industry as it helps to regulate the valves that govern the operation of ship engines. As the environment in which they operate gets harsh with high temperatures and salt spray, quality products are always sought by manufacturers.
Actuators and valves that can survive such harsh conditions need to undergo stringent regulatory rules before entering the market. Furthermore, robust, energy-efficient products requiring low maintenance costs are particularly in great demand in the global marine valves and actuators market.
Growth of oceanic interchange and rising sea route tourist traffic have pushed the speedboat segment, bringing up higher opportunities for marine pressure relief valves and actuators in the tourism sector as well.
There has also been an increasing trend of deploying robotic frameworks in yachts that has increased the focus on producing advanced digitized boat hatch linear actuators and valves by some of the leading marine valves manufacturers.
Expansion of urban waterway transportation system is predicted to create several economic prospects for the manufacturing and supply of anti-siphon valves for the boat fuel tank and other accessories in the developed economies. As rivers can provide a quick and cost-effective commodities transit system, it is being developed rapidly in many cities across the world.
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What is the Growth Outlook for the Global Marine Valve Actuators Market According to Different Segments?
“While the global market for ship valves and actuator is predicted to grow at a CAGR of 5.8 percent the greatest possibilities is expected to be found in emerging countries of Asia Pacific.”
What are the Different Segments of Marine Valves and Actuators Market According to the Type?
Valves hold the dominant market share occupying almost 77.5% of the total revenue generated by the whole market. This segment is growing as the most popular choice among the shipbuilding industries by virtue of its low cost and higher reliability. Among the various sub-segments, marine linear motion valves have proved to be the most profitable category in the global market.
On the other hand, actuators are observed to be experiencing a milder growth in comparison to valves. Marine linear actuators are predicted to drive the market with a significant contribution in the coming days.
What are the Different Vessel Types for the Application of the Marine Actuators and Valves?
Passenger ships and ferries are predicted to be the most lucrative sector for the marine valves and actuators market, with an estimated growth rate of 5% in the coming days. The other vessel types, such as dry cargo vessels and tankers, are also expected to experience positive growth rates close to it as shipbuilding in several maritime countries expands. Different vessel types make use of various fuel and propulsion systems requiring different types of the marine fuel check valve and actuators.
Besides product type and vessel type, the global marine actuators and valves market is also categorized on the basis of material used for its making. Over the projection period, the alloy-based segment is expected to increase at the fastest CAGR as these are exceedingly adaptable and have great corrosion resistance in marine conditions.
The introduction of the alloy-based marine non-return valve and actuators has widened its application which is anticipated to increase demand in the global market.
What is the Performance of Global Marine Valve Actuators Market in Different Geographical Regions?
| Region | CAGR (2022 to 2032) |
|---|---|
| United States (US) | 4% |
| United Kingdom (UK) | 5.3% |
| China | 7% |
| Japan | 7.2% |
| India | 8.2% |
According to the region, Asia Pacific countries are expected to develop at a substantial rate throughout the projection period owing to an increase in marine vessel supplies. The Asian shipbuilding sector is getting popular for its highly efficient marine valves and actuators, gaining a strong International market position.
India is the top-performing nation for the manufacturing of marine one-way valves and actuators at affordable prices. This market is predicted to register the highest CAGR of 8.2% during the years forecasted years, followed by Japan at 7.2%. At the same time, China dominates the global marine valves and actuators market contributing almost one-quarter of the total revenue generated.
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How Strong is the Competitive Landscape for the Global Marine Valve Actuators Market?
The worldwide marine actuators and valves market is shared by both major and small businesses. Most of the notable firms have a significant global presence and are more focussed on developing more modern solutions to meet the needs of the maritime sector.
What are the Major Developments in the Field of Marine Valves and Actuators Market?
- For US$ 64 Mn, the Moong Company bought the complete ownership stake in VUES Brno s.r.o. of Czech Republic, having a 74 percent ownership interest in a subsidiary located in Germany.
- Honeywell International Inc. Conducted 2 technology-related purchases in 2018 with Ortloff Engineers, Ltd and Transnorm of US and Germany respectively. The purchase is aimed at improving automation technologies and gaining market presence in European region.
Key Segments
-
By Technology Type :
- Actuators
- Pneumatic Actuators
- Hydraulic Actuators
- Manual Actuators
- Electric Actuators
- Mechanical Actuators
- Hybrid Actuators
- Valves
- Linear Motion Valves
- Globe Valve
- Gate Valve
- Diaphragm Valve
- Pinch Valve
- Rotary Motion Valves
- Ball Valve
- Butterfly Valve
- Eccentric Plug Valve
- Specialty Valve
- Self-actuated Valve
- Linear Motion Valves
- Actuators
-
By Vessel Type :
- Passenger Ships & Vessels
- Dry Cargo Vessels
- Tankers
- Dry Bulk Carriers
- Special Purpose Vessels
- Service Vessels
- Fishing Vessels
- Off-Shore Vessels
- Yachts
- Others
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
Table of Content
- 1. Preface
- 2. Assumptions and Research Methodology
- 3. Executive Summary: Global Market
- 4. Market Overview
- 5. Global Market Analysis and Forecasts, By Technology Type
- 5.1. Actuators
- 5.1.1. Pneumatic Actuators
- 5.1.2. Hydraulic Actuators
- 5.1.3. Manual Actuators
- 5.1.4. Electric Actuators
- 5.1.5. Mechanical Actuators
- 5.1.6. Hybrid Actuators
- 5.2. Valves
- 5.2.1. Linear Motion Valves
- 5.2.1.1. Globe Valve
- 5.2.1.2. Gate Valve
- 5.2.1.3. Diaphragm Valve
- 5.2.1.4. Pinch Valve
- 5.2.2. Rotary Motion Valve
- 5.2.2.1. Ball Valve
- 5.2.2.2. Butterfly Valve
- 5.2.2.3. Eccentric Plug Valve
- 5.2.3. Specialty Valve
- 5.2.4. Self-Actuated Valve
- 5.2.1. Linear Motion Valves
- 5.1. Actuators
- 6. Global Market Analysis and Forecasts, By Vessel Type
- 6.1. Passenger Ships and Ferries
- 6.2. Dry Cargo Vessels
- 6.3. Tankers
- 6.4. Dry Bulk Carriers
- 6.5. Special Purpose Vessels
- 6.6. Service Vessels
- 6.7. Fishing Vessels
- 6.8. Off-Shore Vessels
- 6.9. Yachts
- 6.10. Others
- 7. Global Market Analysis and Forecasts, By Region
- 7.1. North America
- 7.2. Europe
- 7.3. Asia Pacific
- 7.4. Middle East and Africa
- 7.5. South America
- 8. North America Market Analysis and Forecast
- 9. Europe Market Analysis and Forecast
- 10. Asia Pacific Market Analysis and Forecast
- 11. Middle East and Africa (MEA) Market Analysis and Forecast
- 12. South America Market Analysis and Forecast
- 13. Competition Landscape
- 13.1. AVK Holding A/S
- 13.2. Bürkert Fluid Control Systems
- 13.3. Emerson Electric Co
- 13.4. Flowserve Corporation
- 13.5. Honeywell International Inc.
- 13.6. KITZ Corporation
- 13.7. Rotork Plc
- 13.8. Schlumberger Limited
- 13.9. Tyco International Ltd.
- 13.10. Watts Water Technologies, Inc.
- 14. Key Takeaways
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List Of Table
Table 1: Global Market Revenue (US$ Bn) Forecast and CAGR, by Type, 2015 to 2032
Table 2: Global Market Volume (Mn Units) Forecast and CAGR, by Type, 2015 to 2032
Table 3: Global Market Revenue (US$ Bn) Forecast and CAGR, by Actuator, 2015 to 2032
Table 4: Global Market Revenue (US$ Bn) Forecast and CAGR, by Valve, 2015 to 2032
Table 5: Global Market Revenue (US$ Bn) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 6: Global Market Volume (Mn Units) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 7: Global Market Revenue (US$ Bn) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 8: Global Market Volume (Mn Units) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 9: Global Market Size (US$ Bn) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 10: Global Market Volume (Mn Units) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 11: Global Market Revenue (US$ Bn) Forecast and CAGR, by Region, 2015 to 2032
Table 12: Global Market Volume (Mn Units) Forecast and CAGR, by Region, 2015 to 2032
Table 13: North America Market Revenue (US$ Bn) Forecast and CAGR, by Type, 2015 to 2032
Table 14: North America Market Volume (Mn Units) Forecast and CAGR, by Type, 2015 to 2032
Table 15: North America Market Revenue (US$ Bn) Forecast and CAGR, by Actuator, 2015 to 2032
Table 16: North America Market Volume (Mn Units) Forecast and CAGR, by Actuator, 2015 to 2032
Table 17: North America Market Revenue (US$ Bn) Forecast and CAGR, by Valve, 2015 to 2032
Table 18: North America Market Volume (Mn Units) Forecast and CAGR, by Valve, 2015 to 2032
Table 19: North America Market Revenue (US$ Bn) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 20: North America Market Volume (Mn Units) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 21: North America Market Revenue (US$ Bn) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 22: North America Market Volume (Mn Units) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 23: North America Market Size (US$ Bn) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 24: North America Market Volume (Mn Units) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 25: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 26: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 27: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 28: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 29: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 30: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Manual Actuator,
Table 31: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 32: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 33: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 34: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 35: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hybrid Actuator, 2015 to 2032
Table 36: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hybrid Actuator,
Table 37: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 38: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 39: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 40: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 41: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 42: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Specialty Valve,
Table 43: North America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 44: North America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 45: North America Market Revenue (US$ Bn) Forecast and CAGR, by Country, 2015 to 2032
Table 46: North America Market Volume (Mn Units) Forecast and CAGR, by Country, 2015 to 2032
Table 47: Europe Market Revenue (US$ Bn) Forecast and CAGR, by Type, 2015 to 2032
Table 48: Europe Market Volume (Mn Units) Forecast and CAGR, by Type, 2015 to 2032
Table 49: Europe Market Revenue (US$ Bn) Forecast and CAGR, by Actuator, 2015 to 2032
Table 50: Europe Market Volume (Mn Units) Forecast and CAGR, by Actuator, 2015 to 2032
Table 51: Europe Market Revenue (US$ Bn) Forecast and CAGR, by Valve, 2015 to 2032
Table 52: Europe Market Volume (Mn Units) Forecast and CAGR, by Valve, 2015 to 2032
Table 53: Europe Market Revenue (US$ Bn) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 54: Europe Market Volume (Mn Units) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 55: Europe Market Revenue (US$ Bn) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 56: Europe Market Volume (Mn Units) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 57: Europe Market Size (US$ Bn) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 58: Europe Market Volume (Mn Units) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 59: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Pneumatic Actuator,
Table 60: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 61: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hydraulic Actuator,
Table 62: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 63: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Manual Actuator,
Table 64: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 65: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Electric Actuator,
Table 66: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 67: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 68: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 69: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hybrid Actuator,
Table 70: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hybrid Actuator, 2015 to 2032
Table 71: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 72: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Linear Motion Valve,
Table 73: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 74: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 75: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Specialty Valve,
Table 76: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 77: Europe Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Self-Actuated Valve,
Table 78: Europe Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 79: Europe Market Revenue (US$ Bn) Forecast and CAGR, by Country, 2015 to 2032
Table 80: Europe Market Volume (Mn Units) Forecast and CAGR, by Country, 2015 to 2032
Table 81: Asia Pacific Market Revenue (US$ Bn) Forecast and CAGR, by Type, 2015 to 2032
Table 82: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Type, 2015 to 2032
Table 83: Asia Pacific Market Revenue (US$ Bn) Forecast and CAGR, by Actuator, 2015 to 2032
Table 84: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Actuator, 2015 to 2032
Table 85: Asia Pacific Market Revenue (US$ Bn) Forecast and CAGR, by Valve, 2015 to 2032
Table 86: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Valve, 2015 to 2032
Table 87: Asia Pacific Market Revenue (US$ Bn) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 88: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 89: Asia Pacific Market Revenue (US$ Bn) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 90: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 91: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 92: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 93: Asia Pacific Market Volume (US$ Bn) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 94: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Pneumatic Actuator,
Table 95: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 96: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hydraulic Actuator,
Table 97: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 98: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Manual Actuator,
Table 99: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 100: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 101: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 102: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 103: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hybrid Actuator,
Table 104: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hybrid Actuator,
Table 105: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 106: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 107: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 108: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 109: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Specialty Valve,
Table 110: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 111: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 112: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Self-Actuated Valve,
Table 113: Asia Pacific Market Size (US$ Bn) Forecast and CAGR, by Country, 2015 to 2032
Table 114: Asia Pacific Market Volume (Mn Units) Forecast and CAGR, by Country, 2015 to 2032
Table 115: Middle East and Africa Market Revenue (US$ Bn) Forecast and CAGR, by Type, 2015 to 2032
Table 116: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Type, 2015 to 2032
Table 117: Middle East and Africa Market Revenue (US$ Bn) Forecast and CAGR, by Actuator, 2015 to 2032
Table 118: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Actuator, 2015 to 2032
Table 119 Middle East and Africa Market Revenue (US$ Bn) Forecast and CAGR, by Valve, 2015 to 2032
Table 120: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Valve, 2015 to 2032
Table 121: Middle East and Africa Market Revenue (US$ Bn) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 122: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 123: Middle East and Africa Market Revenue (US$ Bn) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 124: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 125: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 126: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 127: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 128: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 129: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 132: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 130: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 131: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 132: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 133: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 134: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 135: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 136: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hybrid Actuator, 2015 to 2032
Table 137: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hybrid Actuator, 2015 to 2032
Table 138: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 139: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 140: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 141: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 142: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 143: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 144: Middle East and Africa Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 145: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 146: Middle East and Africa Market Revenue (US$ Bn) Forecast and CAGR, by Country, 2015 to 2032
Table 147: Middle East and Africa Market Volume (Mn Units) Forecast and CAGR, by Country, 2015 to 2032
Table 148: South America Market Revenue (US$ Bn) Forecast and CAGR, by Type, 2015 to 2032
Table 149: South America Market Volume (Mn Units) Forecast and CAGR, by Type, 2015 to 2032
Table 150: South America Market Revenue (US$ Bn) Forecast and CAGR, by Actuator, 2015 to 2032
Table 151: South America Market Volume (Mn Units) Forecast and CAGR, by Actuator, 2015 to 2032
Table 152: South America Market Revenue (US$ Bn) Forecast and CAGR, by Valve, 2015 to 2032
Table 153: South America Market Volume (Mn Units) Forecast and CAGR, by Valve, 2015 to 2032
Table 154: South America Market Revenue (US$ Bn) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 155: South America Market Volume (Mn Units) Forecast and CAGR, by Linear Motion Valve, 2015 to 2032
Table 156: South America Market Revenue (US$ Bn) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 157: South America Market Volume (Mn Units) Forecast and CAGR, by Rotary Motion Valve, 2015 to 2032
Table 158: South America Market Size (US$ Bn) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 159: South America Market Volume (Mn Units) Forecast and CAGR, by Vessel Type, 2015 to 2032
Table 160: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 161: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Pneumatic Actuator, 2015 to 2032
Table 162: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 163: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hydraulic Actuator, 2015 to 2032
Table 164: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 165: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Manual Actuator, 2015 to 2032
Table 166: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 167: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Electric Actuator, 2015 to 2032
Table 168: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 169: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Mechanical Actuator, 2015 to 2032
Table 170: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Hybrid Actuator, 2015 to 2032
Table 171: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Hybrid Actuator, 2015 to 2032
Table 172: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 173: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Linear Motion Valve, 2015 to 2032
Table 174: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 175: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Rotary Motion Valve, 2015 to 2032
Table 176: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 177: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Specialty Valve, 2015 to 2032
Table 178: South America Market Size (US$ Bn) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 179: South America Market Volume (Mn Units) Forecast and CAGR, Vessel Type by Self-Actuated Valve, 2015 to 2032
Table 180: South America Market Revenue (US$ Bn) Forecast and CAGR, by Country, 2015 to 2032
Table 181: South America Market Volume (Mn Units) Forecast and CAGR, by Country, 2015 to 2032
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List Of Figures
Figure 1: Global Market Revenue Projection (US$ Bn), 2015 to 2032
Figure 2: Global Market Y-o-Y Growth (Value and Volume %) Forecast, 2015 to 2025
Figure 3: Global Market Volume Projection (Unit), 2015 to 2032
Figure 4: Market Value Share by Type (2021)
Figure 5: Market Value Share by Vessel Type (2021)
Figure 6: Market Value Share by Geography (2021)
Figure 7: Global Actuators and Valves Market by Type
Figure 8: Global Actuators and Valves Market by Vessel Type
Figure 9: Actuators and Valves Market Attractiveness Analysis, by Region
Figure 10: North America Market Attractiveness Analysis, By Valve Type
Figure 11: North America Market Attractiveness Analysis, By Vessel Type
Figure 12: North America Market Attractiveness Analysis, By Country
Figure 13: Europe Market Attractiveness Analysis, By Valve Type
Figure 14: Europe Market Attractiveness Analysis, By Vessel Type
Figure 15: Europe Market Attractiveness Analysis, By Country
Figure 16: Asia Pacific Market Attractiveness Analysis, By Valve Type
Figure 17: Asia Pacific Market Attractiveness Analysis, By Vessel Type
Figure 18: Asia Pacific Market Attractiveness Analysis, By Country
Figure 19: Asia Pacific Market Attractiveness Analysis, Valve Type
Figure 20: MEA Market Attractiveness Analysis, By Vessel Type
Figure 21: Asia Pacific Market Attractiveness Analysis, By Country
Figure 22: South America Market Attractiveness Analysis, By Valve Type
Figure 23: South America Market Attractiveness Analysis, Vessel Type
Figure 24: South America Market Attractiveness Analysis, By Country
Figure 25: Global Actuators and Valves Market Share Analysis
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- FAQs -
What is the Growth Rate of the Marine Valves and Actuators Market?
The global marine valves and actuators market is estimated to grow at a rate of 4.5% during the forecast period.
What will be Market Size of Marine Valves and Actuators Market By 2032?
The global marine valves and actuators market is predicted to be valued at US$ 5.8 Bn by 2032.
What is the Total Worth of the Marine Valves and Actuators Market in Present Years?
The global marine valves and actuators market was valued at US$ 3.7 Bn in 2022.
Which Region Accounts for the largest Revenue Share in the Marine Valves and Actuators Market?
Asia Pacific occupies the major share of the global marine valves and actuators market with China contributing for almost 25% of the total revenue.
Which Region has the Highest Profit Potential in the Marine Valves and Actuators Market?
Asia Pacific region is predicted to witness the highest CAGR in the marine valves and actuators market majorly driven by India and Japan.
Marine Valves and Actuators Market