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The US$2 billion global marine actuator and valve market (2019-2025)

March 11, 2020, Dublin (Global News)-”By part, end user (OEM, aftermarket), mechanism (pneumatic, hydraulic, electrical, mechanical, hybrid), application, product (actuator, valve) Marine Actuator and Valve Market), Design Features, Materials and Regions-Global Forecast to 2025″ report has been added to ResearchAndMarkets.com’s products.
The marine valve market is expected to grow from US$1.5 billion in 2019 to US$2 billion in 2025, with a compound annual growth rate of 5.0% from 2019 to 2025.
The marine actuator market is expected to grow from US$1.7 billion in 2019 to US$2.3 billion in 2025, with a compound annual growth rate of 4.6%. Commercial and naval ship operators require higher levels of efficiency and reliability to reduce direct and unplanned operating costs. Various marine valve manufacturers such as Emerson (USA) and Curtis-Wright (USA) are designing and manufacturing next-generation robust marine valves based on hydraulic, electro-hydraulic, electric and pneumatic mechanisms for marine applications.
Due to the increasing demand for complete command and control systems, it is expected that the HAVC system application field will grow at the highest compound annual growth rate during the forecast period. According to the application, the market is segmented into fuel and propulsion systems, portable water systems, ballast and bilge water systems, fire protection systems, heat, ventilation and air conditioning (HVAC) systems, refrigeration systems, etc. Due to increased shipbuilding activities in the commercial and defense sectors, the heat, ventilation, and air conditioning (HVAC) system segment is expected to grow at the highest compound annual growth rate during the forecast period. Marine valves are a key component of these HVAC systems and are used for the flow control function of naval vessels. The marine actuator product market segment is expected to lead the marine actuator and valve market in 2019. Based on the types of marine actuators, the rotary actuator market segment is expected to account for the largest share of the marine actuator market in 2019. Types of rotary marine actuators include quarter-turn and multi-turn marine actuators. These marine actuators are used in different ships, such as containers, bulk carriers, container ships and navy ships. The growing demand for maintenance, repairs and upgrades will lead to increased demand for marine actuator components on commercial and defense platforms. During the forecast period, the aftermarket is expected to grow at the highest compound annual growth rate. Based on end users, this segment of the aftermarket is expected to grow at the highest compound annual growth rate during the forecast period. These functions involve integrating marine actuators and marine valves during maintenance, repair and overhaul of existing ships. Damaged components of the ship, such as equipment or systems, including ballast and bilge systems, fuel and propulsion systems, and refrigeration systems, are sent for MRO services, which also include upgrades, maintenance, repairs and refurbishment. Therefore, timely inspection of marine actuators and marine valves is essential to ensure the effective operation of ships and prevent the possibility of damage to engineering equipment. In turn, this has led to increased demand for replacement of marine actuators and marine valves.
The Asia-Pacific region is expected to occupy most of the global marine actuator and valve market in 2019. The Asia-Pacific region is expected to lead the global marine actuator and valve market in 2019. China, India, Japan, South Korea, and Singapore are considering using Australia for market analysis in the Asia-Pacific region. Major shipbuilding companies headquartered in China and South Korea include China State Shipbuilding Corporation (CSSC), China Shipbuilding Industry Corporation (CSIC), Dalian Shipbuilding Industry Corporation (DSIC), Hyundai Heavy Industries, Daewoo Shipbuilding and Ocean Engineering, Samsung Heavy Industries and Guangzhou International Shipbuilding Corporation. plant. According to the 2015 World Shipbuilding Statistics, China accounted for 33% of all global newbuilding orders for merchant ships, making it the largest market for marine actuators and marine valves.
1 Introduction 2 Research methodology 3 Quality insights 3.1 Attractive opportunities in the marine actuator and valve market 3.2 Marine actuator and valve market, divided by product 3.3 Marine actuator market, by type 3.4 Marine actuator and valve market, by region 4 Market Overview 4.1 Introduction 4.2 Market Dynamics 4.2.1 Drivers 4.2.1.1 The growth of maritime trade leads to increasing demand for the merchant fleet 4.2.1.2 The growth of maritime tourism 4.2.1.3 The global navy’s key procurement of advanced ships 4.2.2 Constraints 4.2. 2.1 The formulation and implementation of strict regulations and specifications that manufacturers of formula valves and actuators must comply with 4.2.3 Opportunities 4.2.3.1 Technological progress will lead to an increase in the demand for actuators for several applications in marine vessels 4.2.3.2 The introduction of lightweight and durable valves 4.2. 3 3 Growth in the use of inland waterways 4.2.4 Challenges 4.2.4.1 Power consumption, noise and leakage issues related to actuators and valves 5 Industrial trends 5.1 Introduction 5.2 Technical trends 5.2.1 The use of electric actuators in ships and surface vessels 5.2.2 Development of the execution system of underwater robots (AUV) 5.2.3 The use of explosion-proof actuators is increasing 5.2.4 The use of advanced materials 5. 3 Marine Corps actuators and valve ecosystem 5.3.1 Outstanding participants 5.3.1.1.1 OEM 5.3.1.1.2 After-sales 5.4 Design environment 5.4.1 Part design 5.4.1 Weight 5.4.1.2.Strength 5.4.2 Marine operations 5.4.1. 2.1 Durability 5.4.2. 2 Repairability 5.4.3 Manufacturing 5.4.3.1 Raw materials 5.4.3.2 Reproducibility 5.5 Innovation and patent registration 6 Marine actuator and valve market, classified by product 6.1 Introduction 6.2 Marine valve market, by type 6.2.1 Right angle rotary valve 6.2.1.1 Ball valve 6.2.1.2 Butterfly valve 6.2.1.3 Plug valve 6.2.1.4 Other 6.2.2 Multi-turn valve 6.2.2.1 Globe valve 6.2.2.2 Gate valve 6.2.2.3 Diaphragm valve 6.2.2.4 Other 6.3 Marine actuator market, according to type 6.3 .1.1 Linear actuator 6.3.1.1.1 Rod-type linear actuator 6.3.1.1.2 Screw-type linear actuator 6.3.1.1.3 Belt-type linear actuator 6.3.1.2 Rotary actuator 6.3.1.2.1 Quarter Rotary actuator 6.3.1.2.2 Multi-turn actuator 7 Marine actuator and valve market, according to the mechanism 7.1 Introduction 7. 1.1.1 Pneumatic 7.1.1.2 Hydraulic 7.1.1.3 Electric 7.1.1.4 Mechanical 7.1.1.5 Manual 7.1.1.6 Hybrid8 marine actuator and valve market, according to component 8.1 Introduction 8.2 marine valve market, according to component 8.2.1 valve body 8.2.2 Bonnet 8.2.3 Trim 8.3 Marine actuator market, according to components 8.3.1 Cylinder 8.3.2 Driver 8.3.3 Manifold 9 Marine actuator and valve market, according to design features 9.1 Introduction 9.2 Marine valve market, according to size 9.2 .1, up to 19.2.1.1 One control valve is increasingly used in commercial ships 9.2.2>1 to 49.2.2.1>1″ to 4 Marine valves are the most commonly used valves in ships 9.2.3>4 to 69.2.3.1 > 4″ To6″ marine valves are used for medium pressure applications 9.2.4> 6 to 99.2.4.1> 6″ to 9″ valves are used more and more d in “National Defense Ships” 9.2.5> 9 to 159.25.1 > 9 to 15 widely used marine valves in tankers 9.2.6 15 and above 9.2.6.1> 15 valves used in marine aircraft 9.3 thrusters in the marine actuator market 9. 3.1 <10 Kn9.3.2 10 Kn to 100 Kn9 .3.3> 100 Kn9.4 marine actuator market, through torque 9.4.1 <10 Knm9.4.2 10 Knm-100 Knm9.4.3> 100 Knm10 marine actuator and valve market, through application 10.1 Introduction 10.2 Ballast and bilge Water System 10.3 Fuel and Propulsion System 10.4 Liquid Cargo System 10.5 Refrigeration System 10.6 Heating, Ventilation and Air Conditioning (Hvac) System 10.7 Fire Fighting System 10.8 Portable Water System 10.9 Other 11 Ship Actuator and Valve Market by Platform 11.1 Introduction 11.2 Commercial 11.2.1 Passenger ship 11.2.1.1 Yacht 11.2.1.2 Ferry 11.2.1.3 Cruise ship 11.2.2 Cargo ship 11.2.2.1 Container ship 11.2.2.2 Bulk carrier 11.2.2 3 Oil tanker 11.2.2.4 General cargo ship 11.2.3 Other 11.2.3.1 Fishing ship 11.2. 3.2 Dredger 11.2.3.3 Tug and Pusher 11.2.3.4 Research V essels 11.2.3.5 Motorboat 11.2.4 Defense 11.2.4.1 Destroyer 11.2.4.2 Frigate 11.2.4.3 Frigate 11.2.4.4 Submarine 11.2.4.5 Offshore Support Ship 11.2.4.6 Aircraft carrier 11.2.4.7 Amphibious ship 11.2.4 .8 Other 12 Marine actuators and valves market by material 12.1 Introduction 12.2 Aluminum 12.2.1 More and more aluminum actuators and valves are used in commercial ships 12.3 Stainless steel 12.3.1 requires the use of stainless steel valves and actuators for recreational boats 12.4 Alloy-based 12.4.1 Brass and bronze-based valves and actuators are used in commercial ships 12.5 Other 13 end users Users in the marine actuator and valve market 13.1 Introduction 13.2 Original equipment manufacturers (OEM) 13.2 .1 The addition of advanced technology-based components installed with commercial ships can promote the growth of the OEM market segment 13.3 After-sales market 13.3.1 Increasing emphasis on replacing aging systems and components to improve operational efficiency has promoted the development of the after-sales market segment14 Regional analysis 14.1 Introduction 14.2 North America 14.2.1.1 US14.2.1.1.1 The upcoming U.S. Navy fleet modernization plan has led to an increase in the country’s demand for marine actuators and valves 14.2.1.2 Canada 14.2.1.2.1 Strategic decisions made by the Canadian government on its own homeland The marine industry has provided impetus to the growth of the country’s marine actuator and valve market 14.3 Europe 14.4 Asia-Pacific 14.5 Middle East 14.6 Rest of the World (RoW) 15 Competitive landscape 15.1 Introduction 15.2 Competitive leadership mapping 15.2.1 Visionary leaders 15 .2.2 Innovators 15.2.3 Dynamic Differentiators 15.2.4 Emerging Companies 15.3 Major Players in the Marine Actuator and Valve Market 15.4 Competition Scenario 15.4.1 Product Development and Expansion 15.4.2 Contracts 15.4.3 Partners, Joint Ventures and Cooperation 15.4.4 Acquisition of 16 Company Profile 16.1 MOOG16.2 Honeywell International 16.3 Rotork 16.4 Emerson 16.5 Curtiss-Wright Corporation 16.6 Other major players 16.7 Brkert fluid control system tems16.8 Flowserve Corporation 16.9 IMI PLC. 16.10 Schlumberger 16. 11 KITZ Corporation 16.12 Diakont 16.13 Ultra Motion 16.14 AVK Group 16.15 Overflow valve 16.16 Woodward 16.17 AUMA Riester GmbH & Co.Kg 16.18 Rockwell Automation 16.19 Wrtsil Corporation 16.20 Samson Group 16.21 Atlas marine valve 16.22 Other main Participants 16.22.1 Johnson Valve 16.22.2 Meson Group 16.22.3 Hawa Valve
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Post time: Jan-09-2021

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