PUBLISHER: The Insight Partners | PRODUCT CODE: 1738002
PUBLISHER: The Insight Partners | PRODUCT CODE: 1738002
Valve Actuator Market Forecast (2021-2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Product Type (Electrical, Pneumatic, Hydraulic and Manual), Torque (Less than 50 Nm, 50 Nm to 1000 Nm and Higher Than 1000 Nm), Speed (Up to 10mm/s, 10 mm/s to 40 mm/s, 40 mm/s to 80 mm/s and 80 mm/s and above), End User (Oil and Gas, Water and Wastewater, Mining, Power, Chemical, LNG, Pulp and Paper, Steel, Glass and Others) and Geography
The valve actuator market size was valued at US$ 24.62 billion by 2031 from US$ 17.25 billion in 2024. The market is anticipated to register a CAGR of 5.3% during 2025-2031.
With the population growth and rise in industrialization worldwide, there is a rise in the residential, commercial, and industrial sectors. A sizable volume of untreated wastewater from commercial, residential, and agricultural sources is dumped into rivers and other bodies of water. This unchecked discharge poses serious health risks, degrades soil, and pollutes water. According to Avantor, untreated wastewater poses significant health risks, accounting for 1.7 million deaths annually. More than 90% of those deaths are in developing nations. Thus, there is a growing focus on developing wastewater treatment facilities to safeguard people, as well as local ecosystems, from toxic elements detected in wastewater. According to INVEST INDIA, there are lucrative investment prospects in water resources and waste and water projects in India. With an annual freshwater consumption of 750 billion cubic meters and an anticipated surge to 1.5 trillion cubic meters by 2030, the potential is vast for water resources projects that align with the nation's needs. In October 2023, the US Environmental Protection Agency announced US $3.6 billion in new funding. This announcement, combined with an earlier US$ 2.6 billion allocation, brings the total investment for Fiscal Year 2025 to US$ 6.2 billion. These funds will support communities nationwide in upgrading critical water infrastructure to ensure safe wastewater management, safeguard local freshwater resources, and provide clean drinking water to homes, schools, and businesses.
In March 2023, the US Environmental Protection Agency (EPA) announced US$ 57.3 million in funding from the 2023 Consolidated Appropriations Act for states, tribes, and territories through 2023 Clean Water State Revolving Funds (CWSRF) in the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. The funding will help communities upgrade wastewater and stormwater systems in order to protect public health and treasured water bodies across the nation. Investments and upcoming opportunities for the development of the water and wastewater sector foster the demand for infrastructure, machinery, and equipment required in the water and wastewater treatment plants. Valve actuators have several uses in sewage and water treatment facilities. Every day, they manage the flow of billions of gallons of water and wastewater, and they have to endure exposure to harsh environments, high water pressures, and fast flow rates. Valve actuators must consistently operate with accuracy, precision, and control under these demanding conditions, as the malfunction can lead to serious financial and safety repercussions. Valve actuators are critical to the efficient operation of treatment facilities, as they control the flow of water and wastewater through various valves, making them indispensable components of any treatment system. Various players are offering valve actuators for water/wastewater applications. For example, Emerson's product offers Bettis electric valve actuators. Thus, the rising development of water and wastewater treatment plants is expected to fuel the need for valve actuators in these facilities, creating growth opportunities for the market.
AUMA Riester GmbH & Co. KG; SLB; Rotork Plc; Emerson Electric Co; Alfa Laval AB; Crane Company; Valmet Oyj; Flowserve Corp; KITZ Corp; Schneider Electric SE; Controls Supply Chain B.V.; and IMI Plc are among the key valve actuator market players that are profiled in this market study.
The overall valve actuator market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the valve actuator market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the valve actuator market.