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Marine Actuator And Valve Market By Actuator Type (Pneumatic Actuatorsm, Hydraulic Actuators, Electric Actuators, Mechanical Actuators, Other) By Valve Type (Linear Valves, Rotary Valves, Other), By Vessel Type (Passenger Ships And Cruise, Cargo Vessels, Tankers, Special Purpose Vessels, Service Vessels, Fishing Vessels, Other), By Country (U.S., Rest Of North America) By Region (U.K., Germany, France, Rest Of Europe) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

Marine actuators and valves are the components installed in the marine vessels for their proper control and smooth working. Actuators are the devices which are used to convert different forms of energy into mechanical motion. These motions are used to actuate different control system within a marine vessel. Similarly, valves are the devices which are used to restrict or regulate the flow of fluid related to different operations in the marine vessel. Various control systems of marine vessels such as navigation systems, safety systems, and auxiliary systems are operated with the help of actuators and valves. According to the working condition, mode of actuation, and applications a variety of actuators and valves are available for marine vessels. These components ensure highly precise control over different systems within the marine vessel.

A significant rise is marine transportation has been observed in the past few decades. Consistent rise is cruises, ships and cargo vessels have boosted the overall marine actuators and valves market. Marine vessel manufacturers are coming up with improved designs in order to increase their load-carrying capacity, reduce traveling time and cost, and most importantly the safety of the passengers and cargo. In order to achieve effective operational efficiency, manufacturers are also turning towards new and improved designs for actuators and valves. Consequently, the demand for marine actuators and valves has been uplifted significantly with the rise in demand for new marine vessels.

Marine Actuator And Valve Market

The report titled “Marine Actuators and Valves Market- Growth, Future Prospects, and Competitive Landscape, 2017-2025 offers strategic insights into the global marine actuators and valves market with a focus on the market size and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on actuator type, valve types, vessel type, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading marine actuator and valve manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include, AVK Holding A/S, Flowserve Corporation, KITZ Corporation, Honeywell International Inc., Rotork Plc, Watts Water Technologies, Inc., Burkert Fluid Control Systems, AUMA Industry & Marine GmbH, Emerson Electric Co., Lenco Marine and Bray International. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the marine actuator and valve market
  • Market fullers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global marine actuator and valve market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global marine actuator and valves market is segmented, based on vessel type, into the following categories:

  • Passenger Ships and Cruise
  • Cargo Vessels
  • Tankers
  • Special Purpose Vessels
  • Service Vessels
  • Fishing Vessels
  • Offshore Vessels
  • Yachts

Marine Actuator And Valve Market

Marine actuators and valve found a wide range of application across different types of vessels. Based on the vessels type segment, cargo ship exhibits a strong growth in terms of revenue, as of 2016. Marine actuators and valves are applied in every type of marine vessels. However, cargo ships and vessels extensively use these actuators and valves for a different application. Perpetually rising trade across the world has boosted the demand for more cargo vessels. Consequently, the demand for marine actuators and valves is also expected to escalate in the following years.

As of 2016, passenger ships and cruise trailed to the cargo vessels segment in terms of revenue. Marine transportation is becoming faster, affordable and comfortable from past few years. People’s inclination towards marine transport has escalated the number of a passenger ship, ferries, and cruise. Rising demand of passenger ship and cruise liners is uplifting the demand for marine actuators and valves. Subsequently, the market for marine actuators and valves is expected to remain strong for passenger ships and cruise segment.

The global marine actuators and valves market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • The Middle East and Africa
    • Latin America

 Marine Actuator And Valve Market

Asia Pacific dominated the overall marine actuators and valves market in terms of revenue, as of 2016. The market here is backed by growing trades in promising economies such as China and India. Asia Pacific has a dominant shipping industry characterized by a number of shipping companies and manufacturers. The growing trade and rising passenger transport have boosted the overall marine industry in Asia Pacific. Consequently, the marine actuator and valve market is also expected to maintain its dominance in Asia-Pacific in the following years.

As in 2016, Europe trailed Asia Pacific in the overall marine actuator and valves market. European countries have been dependent on marine transportation from past many decades. The majority of global trade is done through marine transport by the European countries. The Marine industry is expected to grow further with the rising trades between Asia Pacific and Latin American countries. Consequently, marine actuator and valve market is also flourishing at a significant rate in this particular region.

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Published Date:  Jun 2017
Category:  Oil & Gas
Report ID:   58522
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
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