Europe Valves, Actuators and Positioners Market

Europe Valves, Actuators, and Positioners Market Size (2024 to 2029)

The size of the Europe valves, actuators, and positioners market is expected to be worth USD 769.8 million by 2029 from USD 5537 million in 2024, growing at a CAGR of 7.47% from 2024 to 2029.

Valves are mechanical devices that initiate, stop, or regulate the flow of liquids, gases, or loose materials being transported through a pipeline. An actuator is a mechanical component used to operate a system or mechanism in a particular way. They require a power source and a control system. Positioners are used to adjust control valves' position according to the preferred setting for a process variable, such as pressure, temperature, or flow. The set point of this variable determines this setting.

The various benefits these products provide to end-users are the key factors driving the growth of the European region's valve, actuator, and positioner industries. In many industries that involve pipelines and controlling the flow of fluid, valves play an influential role in the flow control process. In order to adjust machines to a flexible process, actuators must be used, and positioners must be used in order to maximize plant efficiency and control valves more effectively. With the recent technological advancements in these products, end-users have been able to increase their efficiency, reduce downtime, and lower their maintenance costs by utilizing these products. A suitable example would be the use of zinc-nickel plating as a corrosion protection method in valves that have been introduced quite recently in order to improve corrosion resistance. As a result of this, the life of the valves has increased, and they can last for a longer period of time. Furthermore, the government invests a substantial amount of money, and numerous criteria and standards are developed and implemented to guarantee the quality of the products. Nevertheless, European consumers have always complained about product quality issues.

There are many companies in the European Union that outsource the manufacturing of their products. This has resulted in a serious problem regarding the quality of goods in the region for their end-users. It has been observed that the high costs of products, costs of maintenance, as well as the costs of outsourcing are preventing the growth of the market for Europe valves, actuators, and positioners. The rapid development of industrial automation and the advancement of new technologies present future challenges to companies that wish to compete in the market.

This research report on the Europe valves, actuators, and positioners market has been segmented and sub-segmented based on the following categories.

Europe Valves, Actuators, and Positioners Market - By Valves Type:

• Hydraulic Valves
• Pneumatic Valves
• Solenoid Valves
• Others

The Valves Type in the European Valves, Actuators, and Positioners market is segmented into Hydraulic Valves, Pneumatic Valves, Solenoid Valves, and Others. Hydraulic Valves are leading the market in 2021 and are predicted to grow at a high rate during the forecasted period. A wide variety of hydraulic applications are suitable for such high-force situations. They are most commonly used in mining and construction applications. In addition, the various new European projects are raising the demand for hydraulic valves. This is because they can maintain positional stiffness regardless of speed changes and how much torque and force they deliver.

Europe Valves, Actuators, and Positioners Market - By Actuator Type:

• Hydraulic
• Pneumatic
• Manual
• Electric

Electric actuators are leading the market in 2021 and are predicted to grow at a high CAGR during the forecasted period. These actuators are the most common products available on the market and find their applications in most industries. The demand from the end-users in the region for these electrical actuators is rising due to their multi-purpose use.

Europe Valves, Actuators, and Positioners Market - By Positioner Type:

• Pneumatic Positioner
• Electro-Pneumatic Positioner
• Electric Valve Positioners
• Digital Positioner

Digital Positioners are leading the market in 2021 and are predicted to grow at a high CAGR during the forecasted period. These digital positioners are popular in European industries because they can collect data and send alerts about the performance of the valves as well as control them. There is a rapid rise in automation in industries, so they are in high demand. They also provide some benefits, such as they do not have many parts, which can last longer compared to the other positioners.

Europe Valves, Actuators, and Positioners Market - By End-User Industry:

• Aerospace and Defence
• Automobile
• Oil & Gas
• Water and Wastewater Management
• Food & Beverage
• Pharmaceuticals
• Agriculture
• Others

The oil and gas sector in the end-user segment is leading the Valves, Actuators, and Positioners market in 2021 and is expected to grow at a significant rate during the forecast period. With many upcoming projects in the oil and gas sector to begin in Europe, valves, actuators, and positioners will be needed for many of those projects. Both onshore oilfields and offshore oilfields use these products to ensure that the flow of oil through pipelines runs smoothly. In addition, many companies are heavily invested in offshore oilfields, which will increase the demand for valves, actuators, and positioners in the future.

Water and Wastewater management are also expected to grow at a significant rate. Government regulations impose strict requirements on manufacturing plants and other industries to ensure that they comply with various requirements. Waste of water is one of the major problems that the region is struggling with. It is something that might get more serious soon. It is on the rise that the demand for valves, actuators, and positioners is on the rise because of the increasing waste of water.

Europe Valves, Actuators, and Positioners Market - By Country:

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

The Germany valves, actuators, and positioners market is predicted to grow at a significant rate during the forecast period. This is due to the largest automobile industry in the country compared to other countries in Europe. The valves, actuators, and positioners find their use in gearboxes and air-conditioning systems. The rapid automation in the automobile industries and the technologies used in vehicles is driving the growth of the Germany valves, actuators, and positioners market.

KEY MARKET PLAYERS:

Companies playing a major role in the Europe valves, actuators and positioners market include Emersion Electric Co., Aalberts N.V., GWC Italia SpA, Siemens AG, Curtiss-Wright, Parker Hannifin Corporation, ABB Ltd, GEA Group AG, Flowserve Corporation and AUMA Riester GmbH and Co. KG.

RECENT HAPPENINGS IN THE MARKET:

• GEA Group AG has announced that it has introduced a mix-proof double-seat valve Type MX in its VARIVENT family that will result in improved process safety in applications such as those in food, beverage, dairy, and pharmaceutical production. The components are designed to prevent products from mixing with the cleaning solution, regardless of the amount of load.
• Curtiss-Wright’s Actuation Division announced the launch of the Exlar SA-R080 rotary and SA-L080 linear actuators. The SA series actuators minimize the additional wiring, external servo controls, and integration required with more conventional actuation solutions while providing force, precision, energy efficiency, and control. Additionally, the SA series features stainless-steel output shafts, corrosion-resistant housings, and wider operating temperatures to provide extended life in challenging environments.