Electro Hydraulic Servo Valve Market Report 2021 - Global Share, Outlook, and Opportunity Analysis, 2017-2020 & 2021-2028 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Electro Hydraulic Servo Valve Market Report - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
This report provides in-depth analysis of global electro hydraulic servo valve market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021- 2028), considering 2020 as the base year
The global electro hydraulic servo valve market is expected to grow significantly during the forecast period. With the rapid advancements in technologies and capabilities of automated control systems, electro hydraulic servo valve manufacturers are currently prioritizing R&D activities for product differentiation.
For instance, Moog Inc.' engineers employ new materials, designs, and manufacturing process to maximize servo valve life expectancy. Moog Inc. offers hydraulic servo valves that includes design advantages such as a disc filter, square body, single piece flapper/wire and a carbide ball that replaced the traditional steel material.
Growth in mining and oil & gas industry will boost various opportunities that will lead to the growth of electro hydraulic servo valve market during the forecast period. For instance, according to CMI' analysis in 2018, China (including the Chinese government and private companies) invested around US$ 80 billion in the Middle East oil and gas projects to support its The Belt and Road Initiative. Additionally, long-term supply agreements with oil field and mining companies will provide growth opportunities for the market players.
Furthermore, key players in the market are tapping into opportunities in ongoing projects of natural gas exploration and transportation pipelines, coupled with upcoming mining projects in fast-developing markets of China, India, Brazil, and South Africa.
For instance, in 2013, Emerson Valve Technologies was awarded contract by Chevron Australia Pty Ltd, which was valued at US$ 67 million to provide hydraulic control valves and valve actuators to help ensure the efficient and safe flow of natural gas at Australia-based Gorgon Project, one of the world's largest natural gas projects.
Key features of the study:
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global electro hydraulic servo valve market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global electro hydraulic servo valve market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electro hydraulic servo valve market
Detailed Segmentation
Global Surface Vision And Inspection Market, By Valve Type
- Nozzle Flapper Valve
- Jet Pipe Servo Valve
- Direct Drive Servo Valve
Global Surface Vision And Inspection Market, By Stage Type
- Single-stage Servo Valve
- Two-stage Servo Valve
- Multi-stage Servo Valve
Global Surface Vision And Inspection Market, By Application
- Aerospace
- Steel Industry
- Power Industry
- Chemical Industry
- Others
Companies Mentioned
- Moog, Inc.
- EMG Automation GmbH
- Honeywell
- Bosch Rexroth
- Voith
- Parker Hannifin
- Aviation industry Nanjing Servocontrol Limited company
- Woodward, Inc.
- Eaton Corporation
- Schneider Kreuznach
- Star Hydraulics Limited
- Oilgear
- YUKEN KOGYO CO., LTD
- Duplomatic Motion Solutions
Key Topics Covered:
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Electro Hydraulic Servo Valve Market, By Valve Type, 2017-2028 (US$ Million)
5. Global Electro Hydraulic Servo Valve Market, By Stage Type, 2017-2028 (US$ Million)
6. Global Electro Hydraulic Servo Valve Market, By Application, 2017-2028 (US$ Million)
7. Global Electro Hydraulic Servo Valve Market, By Region, 2017-2028 (US$ Million)
8. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/zfa9px
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