DUBLIN, Jan. 29, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/pdklxm/global_hydraulic) has announced the addition of the "Global Hydraulic Valve Actuators Market 2015-2019" report to their offering.
Hydraulic valve actuators are used in flow control application, for the actuation of valves using hydraulic fluid power. Based on the movement of the valve arm, the hydraulic valve actuators can be classified in to rotary or linear actuating valves. Rotary valve actuators consist of quarter turn and multi-turn actuators used in the actuation of ball valves, butterfly valves, globe valves etc.
Whereas the linear hydraulic actuators are applied in functioning of gate valves. Hydraulic valve actuators finds its application majorly in high pressure application such as Oil and Gas extraction and production (Conventional and Unconventional Process), coal fired power generation and mining process.
The analysts forecast the Global Hydraulic Valve Actuators market to grow at a CAGR of 4.82 percent over the period 2015-2019.
The Global Hydraulic Valve Actuators market can be segmented into two segments: Linear Actuators and Rotary Actuators.
The report, the Global Hydraulic Valve Actuators market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA, and APAC regions; it also covers the Global Hydraulic Valve Actuators market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
A major trend emerging in the Global Hydraulic Valve Actuators market is the horizontal integration of manufacturers to provide one-stop solutions over sales of individual equipment. By providing integrated solutions and services, vendors are capable of distinguishing themselves from other competitors and generating more revenue with lower overall operational costs and fewer related MRO and other aftermarket activities.
According to the report, the major driver for the growth of the Hydraulic Valve Actuators market is the expansion in both conventional and unconventional oil and gas extractions, for instance, shale gas extraction in North America, subsea extraction in Latin America and Europe, and conventional extraction in the Middle East and Africa. The advent of the electro-hydraulic-powered system has introduced certain benefits such as accuracy and remote access that were initially absent in conventional hydraulic systems.
Further, the report states that the increase in popularity of electric actuators for high load usage has led to the replacement of hydraulic valve actuators with electric actuators in numerous end-user applications. The emphasis on repair and refurbishment of existing hydraulic actuators by numerous end-users has led to lower sales of new equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Segmentation by Product
07. Market Segmentation by End-users
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- GE Energy
- Emerson Process Management
- AUMA Actuators
- Spirax Sarco
For more information visit http://www.researchandmarkets.com/research/pdklxm/global_hydraulic
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SOURCE Research and Markets