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Global Digital Valve Positioner Market Expected to Reach 1920 Million US$ by 2025

The global Digital Valve Positioner market is valued at 1280 million US$ in 2017 and will reach 1920 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2018-2025.

 

Los Angeles, CA -- (SBWIRE) -- 12/01/2018 -- This report studies the global Digital Valve Positioner market status and forecast, categorizes the global Digital Valve Positioner market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

Digital positioners came on the scene about 20 years ago, but they only really started gaining popularity recently as automation has started to take off in plants and along pipelines.

The main reason digital positioners are popular is that they can do much more than just control the position of the valve. The newest positioners on the market can also collect data about the valve to automatically alert users about how the valve and its assembly are performing, and even aid in diagnostics and maintenance.

According to our research, the global Digital Valve Positioner markets has a total sales value of 1000.15 M USD back in 2012, and increased to 1273.51 M USD in 2017. We made a series of functional calculation and deduced the past 5 year's data with scientific model.

Europe was the largest revenue market with a market share of 29.37% in 2012 and 27.59% in 2017 with a decrease of 1.78%. Asia Pacific ranked the second market with the market share of 25.71% in 2016. Also, the Asia Pacific market for Digital Valve Positioner is expected to be the market with the most promising growth rate. Rising per capita income of people in emerging economies such as China, India, Philippines, Thailand, and Vietnam has led to an increase in demand.

Digital Valve Positioner companies are mainly from Europe and United States, the industry concentrate rate is low. The top three companies are Emerson, Flowserve, Metso, with the revenue market share of 28.62%, 8.67% and 7.53% in 2016.

Although sales of Digital Valve Positioner brought some opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Digital Valve Positioner field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.

The global Digital Valve Positioner market is valued at 1280 million US$ in 2017 and will reach 1920 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2018-2025.

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The major manufacturers covered in this report

Emerson

Flowserve

Metso

General Electric

Siemens

ABB

SAMSON AG

Rotork

Azbil

Bürkert

Schneider Electric

GEMU

Yokogawa

Nihon KOSO

Chongqing Chuanyi Automation

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Single Acting Positioner

Double Acting Positioner

Others

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Oil and Gas

Chemical

Pharmaceutical Manufacturing

Others

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