Valves Actuators and Positioners market to reach $42.6 bn by 2020 | Page 15

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KEY MARKET INSIGHTS
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Valves, actuators and positioners are widely being used in oil and gas, aerospace industry
followed by automotive and mining industry.
Rapid industrialization in developing countries like India and China is the major driving
force for valves, actuators and positioner market
Automated valves are widely being used as a solution to problem of safety and security in an
operational plant
In Robotics, Piezoelectric actuators are widely being used which takes electric signals as
inputs and converts it into mechanical motion.
Positioners are now being equipped with sensors to detect failures and faults precisely which
up till now were being identified indirectly.