Digital Valve Positioner Market

Key Insights

The Global Digital Valve Positioner Market is valued at USD 1.9 Billion in 2023 and is projected to reach a value of USD 3.3 Billion by 2032 at a CAGR (Compound Annual Growth Rate) of 5.5 between 2024 and 2032.

Definition and Overview

The valve positioners refer to the devices that help in setting a valve at the correct position by either increasing or decreasing the air load pressure on the actuator. A standard valve positioner is capable of sensing the exact location of the valve and accordingly communicates it further to the actuator to move the valve. These accessories are mounted on the yolk or top casing of a pneumatic actuator or near the end of the shaft.

The global Digital Valve Positioner market is segmented based on products, applications, regions, and countries. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2019 to 2022 with forecast from 2023 to 2032.

COVID-19 Impact Analysis

COVID-19 pandemic led to government of numerous countries across the globe to impose strict lockdown restrictions during the preliminary stages. In 2024, numerous countries faced the adverse effects of the pandemic due to the outbreak of second wave, which also led governments to again impose lockdown measures. Business shutdowns, partial business operations, and travel restrictions have led to challenges in supply chain and in turn production. However, it is expected that reopening of trade activities, the market will witness steady growth in the demand in the coming years. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

• Impact Assessment of COVID-19 Pandemic.
• Pre & Post COVID-19 Market Size.
• Qualitative analysis on the short term & long term impact of COVID-19 on the market.
• The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Insights

• Allow better flow and process control as they increase in the accuracy and speed of actuator response is driving factor for Digital Valve Positioner Market.
• Increasing automation which is need for improving efficiency across industries is another driving the growth of Digital Valve Positioner Market.
• The heavy competition from local manufacturers and thus lack of standardized norms and governing policies is hindering the growth of Digital Valve Positioner Market.

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Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

• Real-Time Data Updates:
• Competitor Benchmarking
• Market Trends Heatmap
• Custom Research Queries
• Market Sentiment Analysis
• Demographic and Geographic Insights

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Regional Analysis: Preview

Based on region, the global Digital Valve Positioner market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region led the market with the largest share in 2020. Some of the key countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea.

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Digital Valve Positioner market are ABB, GEMU, Siemens, Maxonic, Schneider Electric, Azbil, Chongqing Chuanyi Automatio, Emerson, Rotork, Yokogawa, SAMSON AG, Flowserve, Bürkert, General Electric, Metso. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

The global Digital Valve Positioner market can be categorized as Type, Application, End-Use Industry, and Region.