Valve Positioners Market

Emerson Electric (US), Baker Hughes (US), Siemens (Germany), ABB (Switzerland), and Flowserve (US) are leading players in Valve Positioners Market

A valve positioner is an add-on accessory used along with an actuator in the control valve assembly to enhance the working operation of the control valve by increasing its overall efficiency. The valve positioners market is projected to grow from USD 1.7 billion in 2019 to USD 2.2 billion by 2024, at a CAGR of 5.3% during the forecast period. The growth of valve positioners market is driven by factors such as increasing demand for fuels & energy and the growing need for valve automation solutions in the process industry.

The key players offering valve positioners include Emerson Electric (US), Baker Hughes (US), Siemens (Germany), ABB (Switzerland), and Flowserve (US), while other major players in this market include Schneider (France), Metso (Finland), SMC (Japan), Rotork (UK), and Azbil (Japan). These players operate globally and offer valve positioners and related accessories.

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In line with the rising importance of valve automation solutions, Emerson offers valve positioners under its automation solutions segment. The company manufactures control valves, instrumentation valves, transducers, pneumatic and process controllers, actuators, and regulators under this segment. The company’s range of products includes both single acting and double actin Fisher™ 3710 Pneumatic Positioner, Fisher™ 3620JP Electro-Pneumatic Positioner, FisherTM FIELDVUE DVC6200 Digital Positioner, and Fisher™ 3620J Electro-Pneumatic Positioner, among others. The broad product mix of Emerson in the control valve ecosystem mainly supports to retain its dominant position in the valve positioners market.

Majorly processing in the industrial automation space, ABB offers valve positioners of all the three types. The Industrial Automation segment of ABB is involved in providing measurement and analytics products and solutions that cater to several industries such as oil & gas, chemicals, and marine & ports. The company offers valve positioners and related services under categories such as conventional positioners, digital positioners, and I/P converters. Under these categories, products such as pneumatic, electro-pneumatic, and digital valve positioners are offered. The company’s vast product portfolio has helped it to sustain its customers and maintain a specific range of sales over the past years. Also, the increasing y-o-y capital invested in the R&D activities encourages the company to maintain its dominant position in the valve positioners market.

Related Reports:

Valve Positioners Market by Type (Electro-Pneumatic, Pneumatic, Digital), Actuation (Single-Acting, Double-Acting), Industry (Oil & Gas, Power, Water & Wastewater, Chemicals, Food & Beverages), and Geography - Global Forecast to 2024

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Report Code
SE 7307
RI Published ON
8/20/2019
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