Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Marine Actuators and Valves Market is Projected to Reach US$4.43 bn by 2025: Rising Marine Transport in Response to Increasing International Trade to Fuel Growth, Says TMR


News provided by

Transparency Market Research

18 Apr, 2017, 11:30 GMT

Share this article

Share toX

Share this article

Share toX

ALBANY, New York, April 18, 2017 /PRNewswire/ --

On being highly fragmented where the top 10 players held a meager 20% share in 2016, the global marine actuators and valves market witnesses several mergers and acquisitions at a given time frame. Considering the competitive rivalry among the leading players, consolidation of market share is a key strategy adopted by companies to gain competitive edge. For instance, Cameron International Corporation was acquired by Schlumberger Limited in 2015, following which the later benefited from a valuable expansion of its existing product portfolio, finds Transparency Market Research (TMR) in a new study.

Some of the other prominent names in the global marine actuators and valves market are Tyco International Ltd., Honeywell International Inc., Emerson Electric Co., and Flowserve Corporation. These companies also constitute the top four market players. Overall, the global marine actuators and valves market is projected to reach US$4.43 bn by the end of 2025. In 2016, the market stood at US$2.64 bn. If these figures hold true, the global marine actuators and valves market will exhibit a CAGR of 5.9% between 2017 and 2025.

Based on type, the overall market can be bifurcated into actuator and valves. Of these, valves held the larger share in the market, however, over the course of the forecast period, the actuator segment is expected to report a higher CAGR of 6.4%. Regionally, North America, Europe, Asia Pacific, South America, and the Middle East and Africa are the key market segments. Among these regions, Asia Pacific held the largest share in the market in 2016. By the end of 2024, market share held by Asia Pacific is likely to reach 44.4%.

Get PDF Sample for this Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23042

Rise in International Trade to Enable Growth 

The marine actuators and valves market is tremendously gaining from the globalization witness worldwide, which in turn has positively fuelled international trade between countries. Shipping is a popular mode of transportation for international trade as it is cost-effective and allows transporting materials in bulk. Furthermore, it is more carbon-efficient compared to other modes including roads and railways. The rising international trade will therefore steer market forces in favor of marine actuators and valves manufacturers.

Considering the latest developments in the transport industry, automation is preferred more. Besides this, a persistent demand for advancements is observed to enable high performance, cost-effectiveness, and reduced environmental impact. The marine industry is no different and has in the past few years shown rising inclination towards the latest developments. The latest technological advancements in marine actuators and valves will therefore act in favor by fuelling their sales prospects.

High Electricity Usage by Pneumatic Actuators to Hinder Growth 

While technological developments are deemed essential, there are a few basic parameters that has continued holding importance. Factors such as energy-efficiency have thus emerged as a key determinant of success for any latest technologies. Considering this, the pneumatic actuators fall short in terms of energy-efficiency, which could have an adverse impact on the overall market. Pneumatic actuators frequently waste energy by supplying higher pressure than what is needed by an actuator. "Such high electricity usage makes users reluctant to opt pneumatic actuators, thus negatively impacting the overall marine actuators and valves market," said a lead TMR analyst.

Rising Investment in Oil and Gas Sector Offers Lucrative Growth Opportunities  

"The rising investment in the oil and gas sector holds considerable market opportunities," said the TMR analyst. The increased production and consumption levels worldwide has boosted the marine transport. As marine transport incurs low cost and is environmentally friendly, it is preferred globally, which adds to the number of tankers, off-shore vessels, and special purpose vessels. These again are considered ideal for oil and gas transport. Rise in oil and gas production and consumption will thus fuel the demand for marine transport, subsequently creating sales prospects for marine actuators and valves manufacturers.

Get more information from Research Report Press Release: http://www.transparencymarketresearch.com/pressrelease/marine-actuators-valves-market.htm 

Information included in the review is derived from the TMR report, titled "Marine Actuators and Valves Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2025."

The report segments the marine actuators and valves market as:

Marine Actuators and Valves Market, by Type 

  • Actuators
  • Pneumatic Actuators
  • Hydraulic Actuators
  • Manual Actuators
  • Electric Actuators
  • Mechanical Actuators
  • Hybrid Actuators
  • Valves
  • Linear Motion Valves
  • Globe Valve
  • Gate Valve
  • Diaphragm Valve
  • Pinch Valve
  • Rotary Motion Valve
  • Ball Valve
  • Butterfly Valve
  • Eccentric Plug Valve
  • Specialty Valve
  • Self-Actuated Valve

Marine Actuators and Valves Market, by Vessel Type 

  • Passenger Ships and Ferries
  • Dry Cargo Vessels
  • Tankers
  • Dry Bulk Carriers
  • Special Purpose Vessels
  • Service Vessels
  • Fishing Vessels
  • Off-Shore Vessels
  • Yachts
  • Others

In addition, the report provides analysis of the actuators and valves market with respect to the following geographic segments: 

> North America

  • The U.S.
  • Canada
  • Rest of North America

> Europe

  • The U.K.
  • Germany
  • France
  • Rest of Europe

> Asia Pacific (APAC)

  • India
  • China
  • Japan
  • Rest of APAC

> Middle East and Africa (MEA)

  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA

> South America

  • Brazil
  • Argentina
  • Rest of South America

Related Research Reports by TMR: 

  • Actuators and Valves Market : http://www.transparencymarketresearch.com/actuators-valves-market.html
  • Control Valves Market: http://www.transparencymarketresearch.com/control-valves-market.html

About Us: 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

US Office Contact:

Transparency Market Research

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Google+: https://plus.google.com/+Transparencymarketresearch

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Machinery

Machinery

Maritime & Shipbuilding

Maritime & Shipbuilding

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.