Valve Driver Market size was valued at US$ 439.1 Mn in 2021 and the total revenue is expected to grow at 4.30% through 2022 to 2029, reaching nearly US$ 614.95 Mn.Valve Driver Market Overview:
Valve Driver includes two analog inputs (0 to 5V range or 0 to 10V or 4 to 20mA as an option), as well as two current-regulated proportional outputs. It's ideal for connecting a standard electronic joystick to a three-way proportional valve. Valve driver minimize efficiency losses. Valve driver offer lower costs. To increase concerns about the rising energy efficiency demands, particularly in commercial and residential applications, the valve driver provides a sustainable solution.To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2029. 2021’s market size is estimated on real number and output of key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. 2021 is a year of exception and analyzed specially with the impact of lockdown by region.
Valve Driver Market Dynamics:
The main factors that drive the growth of the Valve Driver market are increased in focus on enhancing efficiency and power consumption, increasing in government regulations and policies for saving energy are the major factors that drive the growth of the global valve driver market in the forecast period. In Commercial & residential applications, an increase in the demand for valve drivers also drives the growth of the valve driver market in the forecast period. Moreover, an increase in the integration of IoT technology in industrial valve drivers are also expected to create new opportunities for valve driver market in the forecast period 2022-2029. The major restraining factor which hampers the growth of global Valve Driver market in the forecast period are raw material price fluctuations, as well as strict laws and regulations. However, the lack of standardized norms and regulatory policies also acts as a restraining factor in the global valve driver market.Valve Driver Market Segment Analysis:
The global Valve Driver market is segmented by function, by valve type, and by end-user. Based on the Function, the global Valve Driver market is segmented into solenoid valve driver and proportional valve driver. Proportional valve driver is expected to hold the largest market share of xx% in the global Valve Driver market in 2029. Proportional valve drivers are used in a variety of end applications, including commercial and residential, motion equipment, and industries such as oil and gas, pharmaceuticals, metals and mining, energy & electricity, chemicals, water & wastewater, and food & beverages. The global market for proportional valve drivers is expected to grow significantly due to its more advanced features and wide usage across many industries. So, these are the major factors that drive the growth of proportional valve drivers in the global valve driver market in the forecast period 2022-2029. Based on the Valve Type, the global Valve Driver market is segmented into conventional control valve and expansion valve. Due to the widespread usage of expansion valves in refrigeration and air conditioning systems, the expansion valve segment is expected to grow significant CAGR of xx% in the global valve driver market during the forecast period. Moreover, the other factors that drive the growth of the expansion valve segment are the increasing adoption of HVAC systems in both residential and commercial areas, as well as the growing customer preference for energy-efficient systems. Based on the End-User, the global Valve Driver market is segmented into commercial & residential, industrial, and motion equipment. Commercial & residential segment is expected to grow at the fastest rate of xx% during the forecast period. Due to the increasing use of HVAC&R systems in the commercial and residential areas, as well as the increase in the number of commercial and residential spaces such as shopping malls, hotels, corporate office spaces, airports, educational institutions, smart homes, and hospitality, the commercial and residential segment is expected to hold the significant market share of the valve driver market in the forecast period 2022-2029.Valve Driver Market Regional Insights:
The Asia Pacific dominates the global Valve Driver market during the forecast period 2022-2029. Due to the increasing urbanization and growing industrialization in developing countries such as China, Japan, South Korea, and India are the factors that drive the growth in the global Valve Driver market in Asia Pacific region during the forecast period. Moreover, the rising population, growing construction activities, and an increasing number of industries such as automotive, electronics, manufacturing, and hospitality are the other factors that drive the growth in the Asia Pacific region in the global valve driver market in the forecast period. Moreover, North America is the 2nd region which grows at the fastest rate of xx% in the global valve driver market during the forecast period 2022-2029. Due to the rapid economic development, rising demand for automation, and an increasing number of smart homes, hotels, commercial complex, and industries in the region are the factors that drive the growth in North America region in the global valve driver market in the forecast period. The objective of the report is to present a comprehensive analysis of the global Valve Driver market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Valve Driver market dynamic, structure by analyzing the market segments and project the global Valve Driver market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Valve Driver market make the report investor’s guide.Valve Driver Market Scope: Inquire before buying
Valve Driver Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 439.1 Mn. Forecast Period 2022 to 2029 CAGR: 5.87% Market Size in 2029: US $ 614.95 Mn. Segments Covered: by Function • Solenoid • Proportional by Valve Type • Conventional Control Valve • Expansion Valve by End-User • Commercial & Residential • Industrial • Motion Equipment Valve Driver Market, by Region
• North America • Europe • Asia Pacific • South America • Middle East and AfricaValve Driver Market Key Players
• Danfoss • Parker Hannifin Corporation • Emerson Electric Co. • Eliwell Controls • Carel Industries S.p.A. • MKS Instruments, Inc. • Hydraforce Inc. • Hussmann Corporation • Sanhua International, Inc. • Fujikoki Corporation • Walvoil • Right to Win • IQ Valve Co. • IRS Systems • OEM Controls Frequently Asked Questions: 1. Which region has the largest share in Global Valve Driver Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Valve Driver Market? Ans: The Global Valve Driver Market is growing at a CAGR of 5.87% during forecasting period 2022-2029. 3. What is scope of the Global Valve Driver market report? Ans: Global Valve Driver Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Valve Driver market? Ans: The important key players in the Global Valve Driver Market are – Danfoss, Parker Hannifin Corporation, Emerson Electric Co., Eliwell Controls, Carel Industries S.p.A., MKS Instruments, Inc., Hydraforce Inc., Hussmann Corporation, Sanhua International, Inc., Fujikoki Corporation, Walvoil, Right to Win, IQ Valve Co., and IRS Systems 5. What is the study period of this market? Ans: The Global Valve Driver Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Valve Driver Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Valve Driver Market 3.4. Geographical Snapshot of the Valve Driver Market, By Manufacturer share 4. Global Valve Driver Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Valve Driver Market 5. Supply Side and Demand Side Indicators 6. Global Valve Driver Market Analysis and Forecast, 2021-2029 6.1. Global Valve Driver Market Size & Y-o-Y Growth Analysis. 7. Global Valve Driver Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 7.1.1. Solenoid 7.1.2. Proportional 7.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 7.2.1. Conventional Control Valve 7.2.2. Expansion Valve 7.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 7.3.1. Commercial & Residential 7.3.2. Industrial 7.3.3. Motion Equipment 8. Global Valve Driver Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Valve Driver Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 9.1.1. Solenoid 9.1.2. Proportional 9.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 9.2.1. Conventional Control Valve 9.2.2. Expansion Valve 9.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 9.3.1. Commercial & Residential 9.3.2. Industrial 9.3.3. Motion Equipment 10. North America Valve Driver Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Valve Driver Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 11.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 12. Canada Valve Driver Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 12.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 13. Mexico Valve Driver Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 13.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 14. Europe Valve Driver Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 14.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 15. Europe Valve Driver Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Valve Driver Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 16.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 17. France Valve Driver Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 17.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 18. Germany Valve Driver Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 18.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 19. Italy Valve Driver Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 19.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 20. Spain Valve Driver Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 20.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 21. Sweden Valve Driver Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 21.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 22. CIS Countries Valve Driver Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 22.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 23. Rest of Europe Valve Driver Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 23.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 24. Asia Pacific Valve Driver Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 24.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 25. Asia Pacific Valve Driver Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Valve Driver Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 26.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 27. India Valve Driver Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 27.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 28. Japan Valve Driver Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 28.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 29. South Korea Valve Driver Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 29.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 30. Australia Valve Driver Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 30.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 31. ASEAN Valve Driver Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 31.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 32. Rest of Asia Pacific Valve Driver Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 32.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 33. Middle East Africa Valve Driver Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 33.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 34. Middle East Africa Valve Driver Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Valve Driver Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 35.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 36. GCC Countries Valve Driver Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 36.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 37. Egypt Valve Driver Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 37.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 38. Nigeria Valve Driver Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 38.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 39. Rest of ME&A Valve Driver Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 39.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 40. South America Valve Driver Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 40.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 41. South America Valve Driver Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Valve Driver Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 42.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 43. Argentina Valve Driver Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 43.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 44. Rest of South America Valve Driver Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Function, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Valve Type, 2021-2029 44.3. Market Size (Value) Estimates & Forecast By End-User, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Valve Driver Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Danfoss Company 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Parker Hannifin 45.3.3. Emerson Electric Co. 45.3.4. Eliwell Controls 45.3.5. Carel Industries 45.3.6. MKS Instruments 45.3.7. Hydraforce Inc. 45.3.8. Hussmann Corporation 45.3.9. Sanhua 45.3.10. Fujikoki Corporation 45.3.11. Walvoil 45.3.12. Right to Win 45.3.13. IQ Valve Co. 45.3.14. IRS Systems 45.3.15. OEM Controls 46. Primary Key Insights