Portable Valve Actuator Market Analysis

  • Report ID: 5274
  • Published Date: Sep 28, 2023
  • Report Format: PDF, PPT

Portable Valve Actuator Market Analysis

Type (Electric, Pneumatic)

Portable valve actuator market from the pneumatic segment is expected to hold a share of 56% during the forecast period. The growth can be accredited to the increasing sales of pneumatic actuators and advancements in the manufacturing sector. Pneumatic actuators are also employed in a variety of industries, including railways, aviation, and packaging, which is projected to spur market expansion. For instance, between 2009 and 2019, the worldwide aviation industry's revenue increased at a compound annual growth rate of about 5.3 %, reaching 838 billion USD in 2019. Thus, the growing demand for these actuators is accelerating the market growth at a rapid rate.

Application (Oil & Gas, Water and Wastewater Treatment, Power Plant)

The oil & gas segment in the portable valve actuator market is expected to hold a share of 54% during the foreseen period. The market growth can be attributed to the extensive application of portable valve actuators in crude oil extraction, and refining processes. Global crude oil production was estimated to be 4.4 billion in 2022. The United States was the world's largest oil producer in 2020. Additionally, about 10% of installed valves are replaced each year due to the increasingly strict safety criteria. These factors are bolstering the market growth.

Our in-depth analysis of the global market includes the following segments:

                Duty Type

  • Easy Duty
  • Heavy Duty
  • Standard Duty


  • >=500 mm
  • 1000 mm
  • <=1000 mm

               Mounting Point

  • Direct
  • Offset


  • Oil and Gas
  • Water and Wastewater Treatment
  • Power Plant
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Browse Key Market Insights with Data Illustration:

Author Credits:  Richa Gupta

  • Report ID: 5274
  • Published Date: Sep 28, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growth in renewable energy sector, growing trend for industrial IoT, and incorporation of artificial intelligence.

The market size of portable valve actuator is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Camozzi Automation, Cowan Dynamics, Box Rexroth AG, Seimens, Justech Linear Actuator Motor, SMC Corporation, NSK Ltd., Yoshitake Inc, NIPPON GEAR CO., LTD., CKD Corporation and others.

The pneumatic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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