Valve Driver Market Size & Share, 2035

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Valve Driver Market Size, Share, Statistics, Industry Growth Analysis with COVID-19 Impact, by Function (Solenoid, Proportional), Valve Type (Conventional Control Valve, Expansion Valve), End-User (Commercial & Residential, Industrial, and Motion Equipment), Region - Global Forecast to 2035

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Report Code: SE 7724 Jun, 2026, by marketsandmarkets.com

The Valve Driver Market Market Summary

The Valve Driver Market is witnessing steady expansion as industrial automation, smart manufacturing, and digital control systems become essential across process industries. In 2025, the global valve driver market is valued at approximately USD 3.6 billion, and it is projected to reach nearly USD 7.9 billion by 2035, growing at a CAGR of 8.1% during the forecast period 2025–2035.

This growth is primarily driven by rising adoption of AI-enabled industrial automation systems, IoT-based smart valve control solutions, and cloud-integrated process monitoring platforms. Industries such as oil & gas, water treatment, chemicals, and power generation are increasingly deploying intelligent valve drivers to enhance operational efficiency, reduce downtime, and ensure precise flow regulation in complex industrial environments.

Valve Driver Market Key Market Trends & Insights

The valve driver market is evolving rapidly due to the integration of digital technologies into traditional process control systems. North America currently leads the market, supported by advanced industrial infrastructure and strong adoption of automation technologies. Asia Pacific is emerging as the fastest-growing region, driven by rapid industrialization and large-scale infrastructure development in China and India.

A major trend shaping the market is the transition toward smart valve driver systems integrated with AI-based predictive maintenance capabilities, allowing industries to anticipate equipment failures and optimize performance in real time. Another key trend is the rising adoption of wireless and remote-controlled valve driver systems, particularly in hazardous and hard-to-access environments such as offshore oil rigs and chemical plants.

The increasing use of industrial IoT (IIoT) platforms and cloud-based monitoring systems is further transforming valve driver operations by enabling centralized control and real-time data analytics. Additionally, energy-efficient automation solutions are gaining traction as industries aim to reduce operational costs and carbon emissions.

Valve Driver Market Market Size & Forecast

Base Year Market Size (2025): USD 3.6 Billion
Forecast Market Size (2035): USD 7.9 Billion
CAGR (2025–2035): 8.1%

The market growth is driven by rising investments in industrial automation, increasing demand for precision flow control systems, and growing adoption of smart factory frameworks. The shift from manual and pneumatic systems toward intelligent digital valve drivers is significantly boosting global demand.

Valve Driver Market Market Top 10 key takeaway

The market is projected to more than double by 2035.
Oil & gas remains the largest application segment globally.
Asia Pacific is the fastest-growing regional market
North America continues to lead in technological adoption.
Smart valve drivers are replacing traditional mechanical systems.
AI-based predictive maintenance is improving system reliability.
IoT integration is enabling real-time process monitoring.
Wireless valve drivers are gaining strong industrial adoption.
Energy efficiency is a key purchasing factor for industries.
Industrial digital transformation is the core growth driver.

Valve Driver Market Product Insights

The valve driver market includes electric valve drivers, pneumatic valve drivers, hydraulic valve drivers, and smart integrated valve control systems. Among these, electric valve drivers dominate the market due to their high precision, compatibility with digital automation systems, and ease of integration into smart industrial environments.

Pneumatic valve drivers continue to be widely used in heavy industries such as oil refineries and chemical processing plants due to their robustness and cost efficiency. However, smart integrated valve drivers are the fastest-growing segment, as they combine mechanical actuation with digital intelligence and real-time monitoring capabilities.

Emerging product innovations include AI-enabled self-calibrating valve drivers and compact edge-controlled systems designed for Industry 4.0 applications. These advanced systems significantly enhance operational accuracy and reduce maintenance requirements.

Valve Driver Market Technology / Component Insights

The valve driver market is undergoing a major technological transformation driven by automation, connectivity, and AI-powered analytics. Industrial IoT (IIoT), machine learning algorithms, and cloud computing platforms are playing a critical role in reshaping valve driver functionality.

AI-based systems enable predictive maintenance by analyzing operational data and identifying potential failures before they occur. IoT sensors embedded in valve drivers provide real-time insights into pressure, flow, and system performance, while cloud platforms allow centralized monitoring across distributed industrial facilities.

Future innovations are expected to include fully autonomous valve driver systems, digital twin-based simulation models, and advanced edge computing solutions that enhance decision-making at the device level.

Technology / Component Insights:

Increasing adoption of AI-powered predictive maintenance
Expansion of Industrial IoT-based valve control systems
Growth of cloud-connected industrial automation platforms
Rising use of edge computing in process industries
Development of autonomous smart valve driver systems

Valve Driver Market Application Insights

The oil & gas industry remains the dominant application segment for valve drivers due to its complex operational requirements and need for precise flow control in upstream, midstream, and downstream operations. Valve drivers are essential in ensuring safety, efficiency, and process reliability in this sector.

Water and wastewater treatment is another rapidly growing application area, driven by increasing urbanization and global water scarcity concerns. Power generation plants, particularly renewable energy facilities, are also adopting advanced valve driver systems to optimize energy production processes.

Future opportunities are emerging in pharmaceuticals, food & beverage processing, and semiconductor manufacturing, where high precision, contamination control, and automation are critical.

Application Insights:

Oil & gas dominates global demand
Water treatment sector shows strong growth
Power generation relies on automation efficiency
Chemical industry requires precision flow control
Pharmaceuticals demand sterile process automation

Valve Driver Market Regional Insights

North America leads the valve driver market due to strong industrial automation adoption, advanced manufacturing capabilities, and widespread deployment of smart control systems. The United States dominates the region with significant investments in oil & gas and smart manufacturing technologies.

Europe follows with steady growth driven by strict environmental regulations, energy efficiency mandates, and strong industrial modernization initiatives in countries like Germany and France.

Asia Pacific is the fastest-growing region, supported by rapid industrialization, infrastructure development, and increasing adoption of smart factory systems in China, India, Japan, and South Korea.

Regional Insights:

North America leads with advanced automation infrastructure
Europe driven by sustainability and regulatory standards
Asia Pacific fastest-growing due to industrial expansion
Middle East strong in oil & gas automation adoption
Latin America emerging with industrial modernization

Valve Driver Market Specific Market Trends

In Asia Pacific, China is expected to grow at a CAGR of around 8.9%, driven by large-scale manufacturing expansion and smart industrial initiatives. Japan is focusing on robotics-integrated valve driver systems for precision manufacturing applications.

In North America, the United States dominates with strong AI-driven industrial automation adoption, while Canada is investing in energy infrastructure modernization. Mexico is emerging as a growing manufacturing and industrial automation hub.

In Europe, Germany leads due to its Industry 4.0 ecosystem, while France is expanding investments in nuclear energy infrastructure and smart industrial systems.

Country-Level Insights:

China leads APAC with smart manufacturing expansion
Japan focuses on robotics and precision automation
United States dominates AI-based industrial system
Germany leads Europe in Industry 4.0 adoption
France and Canada invest in energy modernization

Valve Driver Market Key Company Insights

The valve driver market is highly competitive, with companies focusing on smart automation, AI integration, and advanced industrial control technologies. Key players are investing heavily in R&D to develop energy-efficient, intelligent, and remotely controllable valve driver systems.

Major companies include Emerson Electric, Siemens AG, ABB Ltd., Schneider Electric, Honeywell International, Rotork plc, Flowserve Corporation, Parker Hannifin, SMC Corporation, and Metso Automation. These companies are enhancing their product portfolios through digital transformation strategies and industrial IoT integration.

Company Strategy Insights:

Focus on AI-enabled smart valve driver systems
Expansion of IoT-based industrial automation solutions
Strong investment in predictive maintenance technologies
Development of energy-efficient control systems
Strategic partnerships with industrial operators

Valve Driver Market Market Segmentation

The valve driver market is segmented by product type, technology, application, and region. By product, electric valve drivers dominate due to their precision and compatibility with digital systems, while pneumatic systems continue to serve heavy industrial applications.

By technology, AI-enabled and IoT-integrated valve drivers are gaining strong traction as industries transition toward smart automation ecosystems. By application, oil & gas remains the dominant segment, followed by water treatment and power generation.

Regionally, North America leads the market, followed by Europe, while Asia Pacific represents the fastest-growing segment due to rapid industrial expansion.

Segmentation Insights:

Electric valve drivers dominate product segment
AI and IoT drive technology transformation
Oil & gas remains key application area
Asia Pacific fastest-growing region
North America maintains market leadership

Valve Driver Market Conclusion

The valve driver market is set for strong and sustained growth through 2035, driven by increasing industrial automation, rising demand for smart control systems, and rapid adoption of AI and IoT technologies. As industries transition toward fully digital and autonomous operations, valve drivers will play a critical role in ensuring efficiency, safety, and precision.

With continued advancements in predictive analytics, cloud connectivity, and smart manufacturing systems, the market is expected to become a key pillar of global industrial digital transformation.

Valve Driver Market War Impact

Geopolitical tensions and supply chain disruptions have impacted the availability of electronic components and industrial automation hardware, leading to increased production costs and project delays in certain regions. This has also encouraged localization of manufacturing and supply chain diversification.

War Impact Insights:

Disruptions in semiconductor and component supply chains
Increased cost of industrial automation systems
Shift toward localized manufacturing hubs
Delays in large-scale industrial projects
Rising focus on supply chain resilience

Valve Driver Market Recent Developments

Recent developments include the introduction of AI-powered smart valve drivers capable of real-time performance optimization and predictive maintenance. Several companies have also launched IoT-enabled valve driver platforms that allow remote monitoring and centralized control of industrial systems.

Strategic collaborations between automation companies and cloud service providers are accelerating the development of integrated industrial ecosystems. Additionally, advancements in wireless control technologies are improving operational flexibility in remote and hazardous environments.

FAQs

What is the market size of the Valve Driver Market?

The market is valued at approximately USD 3.6 billion in 2025.

What is the growth rate of the Valve Driver Market?

The market is expected to grow at a CAGR of 8.1% from 2025 to 2035.

What are the key drivers of the Valve Driver Market?

Industrial automation, AI integration, IoT adoption, and smart manufacturing are key drivers.

Which region leads the Valve Driver Market?

North America currently leads the global market.

Who are the key companies in the Valve Driver Market?

Emerson, Siemens, ABB, Honeywell, and Schneider Electric are major players.

What are the major market trends?

Smart automation, predictive maintenance, and IoT-enabled valve systems are key trends.

What is the future scope of the Valve Driver Market?

The market will expand significantly with AI-driven automation and Industry 4.0 adoption through 2035.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 18)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION & SCOPE
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                 FIGURE 1 VALVE DRIVER MARKET: MARKETS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 22)
    2.1 RESEARCH DATA
        FIGURE 2 VALVE DRIVER MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION
        FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY-SIDE)-REVENUE OF PRODUCTS/SOLUTIONS/SERVICES OF THE VALVE DRIVERS MARKET SIZE
        FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY-SIDE)-ILLUSTRATION OF COMPANY VALVE DRIVER REVENUE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at the market share by bottom-up analysis (demand-side)
                            FIGURE 5 VALVE DRIVERS MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for capturing the market share by top-down analysis (supply-side)
                            FIGURE 6 VALVE DRIVER MARKET: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN & DATA TRIANGULATION
        FIGURE 7 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 31)
FIGURE 8 COVID-19 IMPACT ANALYSIS ON THE VALVE DRIVERS MARKET
    3.1 REALISTIC SCENARIO
    3.2 PESSIMISTIC SCENARIO
    3.3 OPTIMISTIC SCENARIO
        FIGURE 9 EXPANSION VALVES ARE PROJECTED TO DOMINATE THE VALVE DRIVERS MARKET DURING FORECAST PERIOD
        FIGURE 10 PROPORTIONAL VALVE DRIVERS MARKET TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
        FIGURE 11 COMMERCIAL & RESIDENTIAL IS PROJECTED TO ACCOUNT FOR THE LARGEST SIZE IN THE VALVE DRIVERS MARKET DURING FORECAST PERIOD
        FIGURE 12 APAC IS PROJECTED TO ACCOUNT FOR THE LARGEST SHARE IN THE VALVE DRIVERS MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 36)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE VALVE DRIVER MARKET
        FIGURE 13 INCREASE IN DEMAND FOR VALVE DRIVER IN COMMERCIAL & RESIDENTIAL APPLICATIONS TO DRIVE THE MARKET GROWTH
    4.2 VALVE DRIVERS MARKET, BY VALVE TYPE
        FIGURE 14 EXPANSION VALVE DRIVER TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD
    4.3 VALVE DRIVERS MARKET, BY FUNCTION
        FIGURE 15 PROPORTIONAL TO HOLD LARGEST SHARE IN THE VALVE DRIVERS MARKET BY 2025
    4.4 MARKET, BY END USER
        FIGURE 16 COMMERCIAL & RESIDENTIAL SEGMENT TO DOMINATE THE VALVE DRIVERS MARKET BY 2025
    4.5 MARKET, BY REGION
        FIGURE 17 APAC TO HOLD THE LARGEST SHARE IN THE VALVE DRIVERS MARKET BY 2025

5 MARKET OVERVIEW (Page No. - 39)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
        FIGURE 18 MARKET DYNAMICS: OVERVIEW
           5.2.1 DRIVERS
                    5.2.1.1 Increase in government regulations and policies for saving energy
                    5.2.1.2 Increase in focus on enhancing efficiency and power consumption
           5.2.2 RESTRAINTS
                    5.2.2.1 Lack of standardized certifications and government policies
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Integration of IIoT technology in industrial valve drivers
                    5.2.3.2 Rise in demand for valve drivers in commercial & residential applications
           5.2.4 CHALLENGES
                    5.2.4.1 Lockdown and social distancing may restrict commercial trade growth in the coming months
    5.3 VALUE CHAIN
        FIGURE 19 VALUE CHAIN ANALYSIS: MAXIMUM VALUE-ADDED DURING VALVE DRIVER MANUFACTURING AND SYSTEM INTEGRATION STAGES

6 VALVE DRIVERS MARKET, BY FUNCTION (Page No. - 45)
    6.1 INTRODUCTION
        FIGURE 20 MARKET, BY FUNCTION
        TABLE 1 MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
        TABLE 2 MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
        FIGURE 21 PROPORTIONAL VALVE DRIVERS TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
    6.2 SOLENOID
           6.2.1 GROWTH IN DEMAND FOR SOLENOID IN THE MOTION EQUIPMENT SEGMENT TO INCREASE THE LIFE CYCLE OF VALVE DRIVERS
                 TABLE 3 SOLENOID MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 4 SOLENOID VALVE DRIVER MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 5 MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 6 MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 7 SOLENOID VALVE DRIVER MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 8 MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
                 TABLE 9 NORTH AMERICA: SOLENOID MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 10 NORTH AMERICA: SOLENOID MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 11 EUROPE: SOLENOID VALVE DRIVERS MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 12 EUROPE: MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 13 APAC: MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 14 APAC: MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
    6.3 PROPORTIONAL
           6.3.1 PROPORTIONAL VALVE DRIVERS TO CONTINUE TO ACCOUNT FOR THE LARGER MARKET SIZE
                 TABLE 15 MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 16 MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 17 PROPORTIONAL VALVE DRIVER MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 18 MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 19 MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 20 MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
                 TABLE 21 NORTH AMERICA: PROPORTIONAL VALVE DRIVERS MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 22 NORTH AMERICA: MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 23 EUROPE: SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 24 EUROPE: PROPORTIONAL VALVE DRIVERS MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 25 APAC: PROPORTIONAL VALVE DRIVERS MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 26 APAC: PROPORTIONAL MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 27 ROW: MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 28 ROW: PROPORTIONAL VALVE DRIVERS MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)

7 VALVE DRIVERS MARKET, BY VALVE TYPE (Page No. - 56)
    7.1 INTRODUCTION
        FIGURE 22 MARKET, BY VALVE TYPE
        TABLE 29 MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
        TABLE 30 MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
    7.2 CONVENTIONAL CONTROL VALVES
           7.2.1 RAPID GROWTH OF INDUSTRIES WILL INCREASE THE ADOPTION OF CONVENTIONAL CONTROL VALVES
                 TABLE 31 CONVENTIONAL CONTROL VALVE DRIVERS MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 32 MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 33 MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 34 MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 35 CONVENTIONAL CONTROL VALVE DRIVERS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 36 CONVENTIONAL CONTROL VALVE DRIVERS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
    7.3 EXPANSION VALVES
           7.3.1 INCREASE IN FOCUS ON SAVING ENERGY AND ENHANCING EFFICIENCY
                 TABLE 37 EXPANSION VALVE DRIVERS MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 38 MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 39 MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 40 MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 41 EXPANSION VALVE DRIVERS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 42 EXPANSION VALVE DRIVERS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)

8 VALVE DRIVERS MARKET, BY END USER (Page No. - 63)
    8.1 INTRODUCTION
        FIGURE 23 MARKET, BY END USER
        TABLE 43 MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
        TABLE 44 VALVE DRIVERS MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
        FIGURE 24 THE COMMERCIAL & RESIDENTIAL SEGMENT PROJECTED TO GROW AT THE HIGHEST CAGR
    8.2 COMMERCIAL & RESIDENTIAL
           8.2.1 INCREASED FOCUS ON ENERGY-EFFICIENT OPERATIONS IN THE CONSTRUCTION SECTOR
                 TABLE 45 MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 46 MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY REGION, 2020–2025 (USD MILLION)
                 TABLE 47 MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 48 MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 49 MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 50 MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
    8.3 INDUSTRIAL
        TABLE 51 MARKET SIZE FOR REGION BY INDUSTRIAL END USERS, 2016–2019 (USD MILLION)
        TABLE 52 MARKET SIZE FOR INDUSTRIAL END USERS, BY REGION, 2020–2025 (USD MILLION)
        TABLE 53 MARKET SIZE FOR INDUSTRIAL END USERS, BY VALVE TYPE, 2016–2019 (USD MILLION)
        TABLE 54 MARKET SIZE FOR INDUSTRIAL END USERS, BY VALVE TYPE, 2020–2025 (USD MILLION)
        TABLE 55 MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
        TABLE 56 MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
           8.3.1 OIL & GAS
                    8.3.1.1 Rapid growth in demand from industries pushing toward mass production
           8.3.2 PHARMACEUTICALS
                    8.3.2.1 Ease in the operations involving the manufacture of drugs
           8.3.3 ENERGY & POWER
                    8.3.3.1 Increased demand from operations involving flow regulation in the energy & power industry
           8.3.4 METALS & MINING
                    8.3.4.1 Increased adoption of automated valve driver in mining
           8.3.5 WATER & WASTEWATER
                    8.3.5.1 Adoption of wastewater treatment in developing countries
           8.3.6 FOOD & BEVERAGES
                    8.3.6.1 Growing adoption of valve drivers for the processed food segment
           8.3.7 OTHER INDUSTRIAL END USERS
    8.4 MOTION EQUIPMENT
           8.4.1 RAPID URBANIZATION CREATES DEMAND FOR MOTION HANDLING EQUIPMENT
                 TABLE 57 MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 58 MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY REGION, 2020–2025 (USD MILLION)
                 TABLE 59 MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 60 MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 61 MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 62 MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2020–2025 (USD MILLION)

9 GEOGRAPHIC ANALYSIS (Page No. - 75)
    9.1 INTRODUCTION
        FIGURE 25 GEOGRAPHIC SNAPSHOT OF THE MARKET
        TABLE 63 MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
        TABLE 64 MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
        FIGURE 26 APAC TO DOMINATE THE MARKET DURING FORECAST PERIOD
        TABLE 65 EXPANSION VALVE DRIVERS MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
        TABLE 66 MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
    9.2 NORTH AMERICA
        TABLE 67 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
        TABLE 68 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
        FIGURE 27 NORTH AMERICA: SNAPSHOT OF THE MARKET
           9.2.1 IMPACT OF COVID-19 ON THE MARKET IN NORTH AMERICA
                 TABLE 69 NORTH AMERICA: MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 70 NORTH AMERICA: MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 71 NORTH AMERICA: MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 72 NORTH AMERICA: MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 73 NORTH AMERICA: MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 74 NORTH AMERICA: MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 75 NORTH AMERICA: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 76 NORTH AMERICA: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 77 NORTH AMERICA: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 78 NORTH AMERICA: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 79 NORTH AMERICA: MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 80 NORTH AMERICA: MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
           9.2.2 US
                    9.2.2.1 Growth of the construction industry in the US
           9.2.3 CANADA
                    9.2.3.1 Energy-saving initiatives adopted for construction in Canada
           9.2.4 MEXICO
                    9.2.4.1 Growth in the food & beverage industry in Mexico
    9.3 EUROPE
        FIGURE 28 EUROPE: SNAPSHOT OF THE MARKET
           9.3.1 IMPACT OF COVID-19 ON THE MARKET IN EUROPE
                 TABLE 81 EUROPE: MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
                 TABLE 82 EUROPE: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
                 TABLE 83 EUROPE: MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 84 EUROPE:MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 85 EUROPE: MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 86 EUROPE: MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 87 EUROPE: MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 88 EUROPE: MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 89 EUROPE: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 90 EUROPE: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 91 EUROPE: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 92 EUROPE: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 93 EUROPE: MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 94 EUROPE VALVE DRIVERS MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
           9.3.2 UK
                    9.3.2.1 Rise in demand for energy-efficient and cost-effective devices in commercial and residential buildings
           9.3.3 GERMANY
                    9.3.3.1 Growth in investments in the oil & gas industry in Germany
           9.3.4 FRANCE
                    9.3.4.1 Greater focus toward reduction in energy and emissions of greenhouse gases in France
           9.3.5 REST OF EUROPE
    9.4 APAC
        FIGURE 29 APAC: SNAPSHOT OF THE MARKET
           9.4.1 IMPACT OF COVID-19 ON THE MARKET IN APAC
                 TABLE 95 APAC: MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
                 TABLE 96 APAC: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
                 TABLE 97 APAC: MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 98 APAC: VALVE DRIVERS MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 99 APAC: MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 100 APAC:MARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 101 APAC:MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 102 APAC:MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 103 APAC: VALVE DRIVERS MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 104 APAC: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 105 APAC: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 106 APAC: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 107 APAC: MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 108 APAC: MARKET SIZE FOR MOTION EQUIPMENT END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
           9.4.2 CHINA
                    9.4.2.1 Growing industrialization and urbanization in China
           9.4.3 JAPAN
                    9.4.3.1 Rise in demand for HVAC/R systems to upsurge demand in Japan
           9.4.4 INDIA
                    9.4.4.1 Increase in industrialization due to availability of cheap labor in India
           9.4.5 REST OF APAC
    9.5 REST OF THE WORLD
        FIGURE 30 SOUTH AMERICA TO DOMINATE VALVE DRIVERS MARKET DURING FORECAST PERIOD
           9.5.1 IMPACT OF COVID-19 ON THE MARKET IN ROW
                 TABLE 109 ROW: VALVE DRIVER MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
                 TABLE 110 ROW: VALVE DRIVER MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
                 TABLE 111 ROW: VALVE DRIVER MARKET SIZE, BY VALVE TYPE, 2016–2019 (USD MILLION)
                 TABLE 112 ROW: VALVE DRIVER MARKET SIZE, BY VALVE TYPE, 2020–2025 (USD MILLION)
                 TABLE 113 ROW: MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                 TABLE 114 ROW: VMARKET SIZE, BY END USER, 2020–2025 (USD MILLION)
                 TABLE 115 ROW: VALVE DRIVER MARKET SIZE, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 116 ROW: VALVE DRIVER MARKET SIZE, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 117 ROW: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 118 ROW: MARKET SIZE FOR COMMERCIAL & RESIDENTIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
                 TABLE 119 ROW: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2016–2019 (USD MILLION)
                 TABLE 120 ROW: MARKET SIZE FOR INDUSTRIAL END USERS, BY FUNCTION, 2020–2025 (USD MILLION)
           9.5.2 SOUTH AMERICA
                    9.5.2.1 Growth in FDI for infrastructure in South America
           9.5.3 MIDDLE EAST & AFRICA
                    9.5.3.1 Increase in construction activities in Africa and regulations on energy-efficiency in the Middle East

10 COMPETITIVE LANDSCAPE (Page No. - 102)
     10.1 OVERVIEW
          FIGURE 31 KEY DEVELOPMENTS IN THE VALVE DRIVER MARKET (2018–2020)
             10.1.1 MARKET SHARE ANALYSIS OF PLAYERS, 2019
                    TABLE 121 MARKET SHARE OF TOP FIVE PLAYERS IN THE MARKET IN 2019
     10.2 COMPETITIVE LEADERSHIP MAPPING
             10.2.1 VISIONARY LEADERS
             10.2.2 DYNAMIC DIFFERENTIATORS
             10.2.3 INNOVATORS
             10.2.4 EMERGING COMPANIES
                    FIGURE 32 VALVE DRIVER MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
     10.3 STRENGTH OF PRODUCT PORTFOLIO
          FIGURE 33 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MARKET
     10.4 BUSINESS STRATEGY EXCELLENCE
          FIGURE 34 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MARKET
     10.5 COMPETITIVE SCENARIO
             10.5.1 ACQUISITIONS
                    TABLE 122 ACQUISITIONS, 2018–2020

11 COMPANY PROFILES (Page No. - 109)
(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*
     11.1 KEY PLAYERS
             11.1.1 DANFOSS
                    FIGURE 35 DANFOSS: COMPANY SNAPSHOT
             11.1.2 PARKER HANNIFIN
                    FIGURE 36 PARKER HANNIFIN CORP.: COMPANY SNAPSHOT
             11.1.3 EMERSON ELECTRIC CO.
                    FIGURE 37 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
             11.1.4 ELIWELL CONTROLS
             11.1.5 CAREL INDUSTRIES
                    FIGURE 38 CAREL INDUSTRIES: COMPANY SNAPSHOT
             11.1.6 MKS INSTRUMENTS
                    FIGURE 39 MKS INSTRUMENTS: COMPANY SNAPSHOT
             11.1.7 HYDRAFORCE INC.
             11.1.8 HUSSMANN CORPORATION
             11.1.9 SANHUA
             11.1.10 FUJIKOKI CORPORATION
             11.1.11 WALVOIL
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
     11.2 RIGHT TO WIN
     11.3 OTHER PLAYERS
             11.3.1 CLIPPARD INSTRUMENT LABORATORY, INC.
             11.3.2 IQ VALVE CO.
             11.3.3 IRS SYSTEMS
             11.3.4 PWM CONTROLS INC.
             11.3.5 HUMPHREY
             11.3.6 KAR TECH
             11.3.7 AXIOMATIC TECHNOLOGIES CORPORATION
             11.3.8 LYNCH FLUID CONTROLS
             11.3.9 IMI PRECISION ENGINEERING
             11.3.10 KAHAN CONTROLS
             11.3.11 KELLY PNEUMATICS, INC.
             11.3.12 BUCHER HYDRAULICS, INC.
             11.3.13 OEM CONTROLS
             11.3.14 APPLIED PROCESSOR AND MEASUREMENT, INC.
             11.3.15 ENFIELD TECHNOLOGIES, LLC

12 ADJACENT & RELATED REPORTS (Page No. - 135)
     12.1 INTRODUCTION
     12.2 LIMITATIONS
     12.3 GEOGRAPHIC ANALYSIS
             12.3.1 INTRODUCTION
                    TABLE 123 INDUSTRIAL VALVES MARKET SIZE, BY REGION, 2017–2025 (USD BILLION)
     12.4 NORTH AMERICA
          TABLE 124 NORTH AMERICA: INDUSTRIAL VALVES MARKET SIZE, BY PRE- AND POST-COVID-19 SCENARIO, 2017–2025 (USD BILLION)
             12.4.1 MNM VIEWPOINT (IMPACT OF COVID-19 & OIL PRICE CRISIS)
                    TABLE 125 NORTH AMERICA: INDUSTRIAL VALVES MARKET SIZE, BY COUNTRY, 2017–2025 (USD BILLION)
                    TABLE 126 NORTH AMERICA: INDUSTRIAL VALVES MARKET SIZE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
             12.4.2 US
             12.4.3 CANADA
             12.4.4 MEXICO
     12.5 EUROPE
          TABLE 127 EUROPE: INDUSTRIAL VALVES MARKET SIZE, BY PRE- AND POST-COVID-19 SCENARIO, 2017–2025 (USD BILLION)
             12.5.1 MNM VIEWPOINT (IMPACT OF COVID-19 & OIL PRICE CRISIS)
                    TABLE 128 EUROPE: INDUSTRIAL VALVES MARKET SIZE, BY COUNTRY, 2017–2025 (USD MILLION)
                    TABLE 129 EUROPE: INDUSTRIAL VALVES MARKET SIZE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
             12.5.2 UK
             12.5.3 GERMANY
             12.5.4 FRANCE
             12.5.5 ITALY
             12.5.6 REST OF EUROPE
     12.6 ASIA PACIFIC (APAC)
          TABLE 130 APAC: INDUSTRIAL VALVES MARKET SIZE, BY PRE- AND POST-COVID-19 SCENARIO, 2017–2025 (USD BILLION)
             12.6.1 MNM VIEWPOINT (IMPACT OF COVID-19 & OIL PRICE CRISIS)
                    TABLE 131 APAC: INDUSTRIAL VALVES MARKET SIZE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
             12.6.2 CHINA
             12.6.3 JAPAN
             12.6.4 INDIA
             12.6.5 SOUTH KOREA
             12.6.6 REST OF APAC
     12.7 REST OF THE WORLD (ROW)
          TABLE 132 ROW: INDUSTRIAL VALVES MARKET SIZE, BY PRE- AND POST-COVID-19 SCENARIO, 2017–2025 (USD BILLION)
             12.7.1 MNM VIEWPOINT (IMPACT OF COVID-19 & OIL PRICE CRISIS)
             12.7.2 MIDDLE EAST
             12.7.3 SOUTH AMERICA
             12.7.4 AFRICA

13 APPENDIX (Page No. - 148)
     13.1 INSIGHTS OF INDUSTRY EXPERTS
     13.2 DISCUSSION GUIDE
     13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.4 AVAILABLE CUSTOMIZATIONS
     13.5 RELATED REPORTS
     13.6 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the valve driver market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. Two sources of information—secondary and primary—have been used to identify and collect information for an extensive technical and commercial study of the valve driver market.

Secondary Research

Secondary sources include company websites, magazines, industry news, associations, and databases (Factiva and Bloomberg). These secondary sources include annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

The impact and implication of COVID-19 on manufacturing industries, as well as valve driver products, have also been discussed in this section. Various secondary sources include corporate filings such as annual reports, investor presentations, and financial statements, trade, business and professional associations, white papers, manufacturing associations, and more.

Primary Research

Primary sources mainly consist of several experts from the core and related industries, along with preferred suppliers, manufacturers, distributors, technology developers, alliances, standards, and certification organizations related to various segments of this industry’s value chain.

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply-side included various industry experts (with a key focus on the impact of COVID-19), such as Chief X Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives from valve driver vendors, such as Schneider (Eliwell), Carel, Emerson, Parker Hannifin, and Danfoss; system integrators, professional and managed service providers, industry associations, independent automation consultants and importers, distributors, and key opinion leaders. Following is the breakdown of primary respondents

The breakdown of primary respondents is provided below.

Valve Driver Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the valve driver market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:

Major players in the industry and markets have been identified through extensive secondary research.
The industry’s value chain and market size (in terms of value) have been determined through primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Valve Driver Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.

Report Objectives

To describe and forecast the valve driver market, in terms of value, by function, by valve type, and end-user
To describe and forecast the market, in terms of value, with regard to 4 main regions: Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW) along with their respective countries
To describe and forecast the market, in terms of volume, by end-use industry
To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
To provide a detailed overview of the value chain of valve drivers
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the valve driver market
To analyze opportunities in the market for stakeholders by identifying high-growth segments of the valve drivers
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
To analyze competitive strategies, such as product launches, expansions, and acquisitions, adopted by key market players in the valve driver market

Available Customizations

Based on the given market data, MarketsandMarkets offers customizations in the reports according to the client’s specific requirements. The available customization options are as follows: