Valves Actuators and Positioners market to reach $42.6 bn by 2020 | Page 11

To Enquire About the Report Click Here 1. GLOBAL VALVES, ACTUATORS AND POSITIONERS MARKET OVERVIEW 1.1 REPORT SCOPE A Valve is a device which is used to control or regulate the flow of liquid and gases. Based on the type of movement Valves can be classified as Multi-turn valves, Quarter-turn valves, Self-actuated valves and others. The movement of Multi- turn valve is generally linear causing linear displacement of the valve. Quarter turn cause rotary motion which is capable of rotating from 0 degree to 90 degree. Self-actuated valve is a valve which can be operated remotely without human intervention. An actuator is fitted into the valve which controls the movement of the valve based on predefined conditions. Actuator is a device which is responsible for performing certain actions such as to control or to move a system. Generally to operate an actuator a source of energy is necessary where in the source of energy can be in the form of hydraulic, pneumatic, electric or mechanical. Hydraulic actuator consists of fluid motor which uses hydraulic power to facilitate mechanical action. Pneumatic actuators convert energy formed by vacuum or high pressure air to linear or rotatory motion. Electric actuator is an electric motor which converts electric energy into mechanical energy. Mechanical actuators also called as Manual actuators are used to convert mechanical energy to linear or rotary motion. Positioner is a component which controls the activities of an actuator. Based on the type of energy source provided to a positioner, an positioner can be classified into either pneumatic or electropneumatic positioner. The regional segmentation of Global Valves, Actuator and Positioner market is by identifying the countries that are leading in the utilization of Valves and actuators. The major countries include the U.S. and Canada in North America; U.K., France and Germany in Europe; India, China, Japan, Australia and South Korea in Asia-Pacific region. Some of the key players in Valves Actuator and Positioner industry are: Rotork Controls Inc, Honeywell Inc, Ati, Moog Inc, Saab Group, Emerson Electric Co, Unitorque, Crane co., Cameron, Curtiss Wright Corp, Pentair Ltd, Rockwell Collins Inc and Woodword, Inc. 1.2 STAKEHOLDERS • • • • • • • • Actuators system manufacturer Valve manufacturers Positioner manufacturers Actuators and positioner components suppliers Component and Sub-component manufacturers Test Rig Manufacturers Distributors Associations