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Valve Positioners Market share|Market Size|Industry Trends|Market Insights|Market Forecast to 2026

(Food-Beverage-News.Com, October 18, 2019 ) Market Overview
• Due to the rising importance of monitoring and controlling in process will grow the market for the valve positioners in the forecast period.
• A valve positioner is a device that adjusts the valve actuator’s position based on a control signal. Valve positioners are used for controlling the valve where accurate and rapid control is required without error or hysteresis. It has three main components as Valve actuator, Valve positioner, and Valve body.
• The report covers all the major trends and drivers playing a key role in the growth of the Valve Positioners market.Valve Positioners market segmented byType, Actuation, End-user Industry, and Region.

Market Dynamics
• The global Valve Positioners is primarily driven by the rising importance of monitoring and controlling in process. The rise in demand for the value positioners is due to its accurate and rapid control. Digital valve positioners are gaining large popularity in all the industries due to following advantages such as high reliability and performance, more accurate calibration for more accurate control, Advanced diagnostics for predictive maintenance, and Easy setup for reduced commissioning costs. According to Flow Control, “A poorly performing $3,000 control valve can cause significant losses because of shutdowns, lost production, reduced efficiency, and unsafe events.” Digital valve positioners help protect against all of these consequences by improving control valve reliability and performance.
• The growing power generation industry all around the globe is the other reason for the valve positioners market to have a positive impact with an increase in the demand of energy across the globe which is creating requirements for more power plants. The power plants carry steam in the pipeline for energy generation to have high efficiency in the process requires valve positioners, and hence the market will grow for Valve Positioners in the forecast period. The rising investments for the construction of new power plants have a promising boost for the valve positioners market.
• However, due to the lack of standardized norm willbe hampering the growth of Valve Positioners in the forecast period.

Market Segmentation
• By Type, the global Valve Positionersmarket segmented intoElectro-Pneumatic, Pneumatic, Digital, and Electric.Pneumatic valve positionershave the dominant position in the Valve Positionersmarket and are expected to retain its dominance in the forecasted periodas they can withstand higher vibrations produces due to high pressure in the pipeline. However, the growth of digital positioners is attributed to the growing adoption of smart solutions in the plant operations as they use a microprocessor for positioning the actuator and for keeping track of data; hence, they have excellent diagnostic capabilities. It is expected that PneumaticValve Positioners (RAC)market will grow at a CAGR of ~XX% during the forecast period.
• By End-User Industry, the global Valve Positioners market segmented into Oil & Gas, Water & Wastewater, Power, Food & Beverages, Chemicals, and Others. Oil & gas has the dominant position in the Valve Positioners market due to the rising production and ever-increasing demand for crude oil all around the world. The pipelines pressure for oil wells are monitored and controlled with the help of various valve positionersas it is the most crucial part in the exploration of Oil & gas from the wells. Although withthe rise in the food & beverages industry, so it is expected to grow at a higherCAGR in the forecast period.

Geographical Analysis
• By geography, the global Valve Positionersmarket segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
• North America holds the largest market share for Valve Positioners due to the rise in oil & gas exploration in the region.All the major companies such as BP, Shell, Exxon Mobil, Chevron, and Total operate in North America for exploration and production. The usage of digital valve positioners in the oil & gas pipes for monitoring and controlling the pressure.Also,the data produced by the digital valve positioners are used further for predictive maintenance.
• Asia-Pacific is expected to be the fastest growing region for the valve positioner market due to the rising economies coupled with the increase in industries all around Asia-Pacific will be the major drivers for valve positioners market in the region. The growing urban population in China there is growing discharge of wastewater and hence there is rise in sewage treatment plants in China asking for rise in the demand for valve positioners. In 2018, according to China Statistical Yearbooks has shown that there has been an increase in sewage treatment rates, particularlyin larger cities.

Competitive Analysis
• Key players are adopting strategies such as investing in R&D,new product launches, expansion in Technologyto stand out as strong competitors in the market. Global Valve Positioners is a competitive market with the presence of various global and regional players in the market. The major playersEmerson, Flowserve, Siemens, Rotork, and SAMSON Controls. Other key players in the market include ABB, General Electric, Metso, Azbil Corporation, Westlock, Trimteck, ControlAir Inc., Fine Controls Ltd, VRG Controls, and Yokogawa.
• In April 2019, Baelz North America launches IP87 Digital Electro-Pneumatic Valve Positioner.It acts as a digital positioner that works with a pneumatic actuator to correctly set valve positions according to the control signal. This minimizes the effects of friction and other factors that could impact a valve’s performance. It uses a 4–20-mA input and output for both the control and the feedback signal.

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