Portable Valve Actuator Market Trends

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

Portable Valve Actuator Market Trends

Growth Drivers

  • Growing Trend for Industrial IoT –The real-time monitoring and control of valves is made possible by the integration of portable valve actuators with IoT technologies, which increases productivity and decreases downtime. The market for portable valve actuators is anticipated to rise as IoT technologies are being adopted in sectors like water treatment, chemicals, and oil and gas. Also, in 2030, it is anticipated that there will be close to 30 billion IoT devices in use worldwide.
  • Development in Renewable Energy Sector – For valve control, portable valve actuators are frequently employed in hydroelectric power plants, solar power plants, and wind turbines. The supply of renewable energy from solar, wind, hydro, geothermal, and ocean sources increased by over 8% in 2022. The demand for portable valve actuators in renewable energy is anticipated to rise as the demand for renewable energy sources rises.
  • Incorporation of Artificial Intelligence – The market is expecting an increase in the incorporation of AI in portable valve actuators. Predictive maintenance, defect finding, and energy optimization of valve actuators are all possible using AI. Artificial intelligence (AI) enables portable valve actuators to analyse real-time data and anticipate future faults, minimizing downtime and increasing productivity.


  • High Initial Investment - For small and medium-sized businesses, the initial expense of purchasing portable valve actuators might be a considerable barrier. This factor may hamper the market growth.
  • Lack of Awareness
  • Maintenance and Service Costs

Portable Valve Actuator Market: Key Insights

Base Year


Forecast Year



~ 7%

Base Year Market Size (2023)

 ~ USD 100 Billion

Forecast Year Market Size (2036)

 ~ USD 241 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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