According to our latest study on "Valve Actuator Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Product Type, Torque, Speed, and End User," the valve actuator market size was valued at US$ 24.62 billion by 2031 from US$ 17.25 billion in 2024. The market is anticipated to register a CAGR of 5.3% during 2025-2031.

The valve actuator market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2024, followed by North America and Europe, respectively. The valve actuator market in Asia Pacific is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. As per the Gas Report published by the International Energy Agency in 2020, the worldwide trade of LNG is expected to reach 585 billion cubic meters/year by 2025, with an increase of 21% compared to 2019. The expansion of LNG imports, led by China and India, has been contributing to the growth of the gas market in Asian countries. Burgeoning investments in the oil and gas sector further propel oil and gas production. As per the Shell LNG Outlook 2021, the global LNG demand is expected to reach 700 million tons by 2040, and the demand for natural gas continues to grow in the region, generating the need for gas production. Valve actuators are widely used to control the flow of oil in refineries, processing plants, and other related facilities. Moreover, various players across the region are indulging in various business strategies such as mergers and acquisitions. For example, in December 2023, The KOSO Group obtained approval from the government of Italy to acquire Paladon Systems S.r.l. (headquartered in Borgonovo Val Tidone, Piacenza, Italy).

Asia Pacific has a robust oil and gas industry. The rise in population and industrial growth have been propelling energy demands in the region. According to the International Energy Agency (IEA), energy demand in Southeast Asia increased by an average of 3% every year from 2000 to 2020. It is further expected to grow at an average of 5% every year till 2030. As a result, governments in Southeast Asian countries emphasize expanding their oil production units by introducing new refineries and expanding the production capacity of the existing oil refineries. According to the Energy Information Administration (EIA), at least nine refinery projects are scheduled for completion by the end of 2030 in Asia and the Middle East. Moreover, China and India are rapidly advancing their shift toward renewable energy sources such as wind, solar, and hydropower, driven by growing energy demand, government incentives, and the urgency to meet climate targets. For example, in December 2024, the Asian Infrastructure Investment Bank (AIIB) approved a multi-phase program with a total financing of US$ 500 million, including a Phase 1 loan of US$ 270 million, to assist Tajikistan in completing the Rogun Hydropower Plant Project (Rogun HPP). Thus, the need for valve actuators in renewable energy power plants and refineries increases with the expansion of oil production capacities in Asia Pacific.

Key Findings of Valve Actuator Market Study:

The valve actuator market is segmented on the basis of product type, torque, speed, and end-user. Based on product type, the valve actuator market is segmented into manual, hydraulic, pneumatic, and electric. Based on torque, the valve actuator market is segmented into less than 50 Nm, 50 Nm to 1000 Nm, higher than 1000 Nm. Based on speed, the valve actuator market is segmented into up to 10 mm/s, 10 mm/s to 40 mm/s, 40 mm/s to 80 mm/s, and above 80 mm/s. On the basis of end user, the market is segmented into oil & gas, chemical, mining, water and wastewater, LNG, glass, pulp and paper, steel, power, and others. By geography, the market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America.

Based on product type, the valve actuator market is segmented into electrical, pneumatic, hydraulic, and manual. The electrical segment held the largest share in the valve actuator market in 2024. An electric actuator uses an electric motor to generate torque, which is used to operate a valve. It uses less energy and is nontoxic and quiet. They offer lesser chances of leaks compared to other actuators. These actuators offer the highest accurate control positioning. They can be networked and reprogrammed quickly and offer immediate feedback for diagnostics and maintenance. These actuators are widely used and are in demand in various industries, including oil & gas and food & beverages, as they increase the automation capabilities of these industries. Thus, to cater to the demand from these industries, various market players launch solutions. For instance, in November 2023, Flowserve Corporation provider of flow control products and services for the global infrastructure market, announced the release of the Limitorque QX Series B (QXb) quarter-turn smart electric actuator, which can be used in control valves in oil & gas and fresh water and wastewater industries.

Based on torque, the valve actuator market is segmented into less than 50 Nm, 50 Nm to 1000 Nm, and higher than 1000 Nm. The higher than 1000 Nm segment held the largest share in the valve actuator market in 2024. Valve actuators with a torque rating higher than 1000 Nm are typically used in heavy-duty applications that require large valves to control high-pressure fluids, gases, or steam. These high-torque actuators are found in industries where valves need to handle high flow rates, large pipe diameters, or extreme operating conditions. The types of actuators that provide this level of torque are usually hydraulic, electric, or pneumatic, with hydraulic actuators being the most common for very high-torque requirements. In power plants (including thermal, nuclear, and hydroelectric plants), high-torque valve actuators are used to control critical systems such as steam isolation valves, feedwater valves, and cooling system valves. These actuators are crucial for the safe and efficient operation of turbines, boilers, and other large-scale power generation equipment. In large-scale chemical processing plants, petrochemical refineries, and gas plants, actuators with torque outputs higher than 1000 Nm are used to control large isolation valves, regulating valves, and pressure control valves that handle hazardous, highly pressurized, or corrosive fluids. The mining industry uses high-torque valve actuators to control large slurry and chemical pipelines. They are used in systems such as hydraulic and pneumatic conveyance systems, tailings ponds, and processing plants where large amounts of slurry or heavy fluids need to be controlled under high pressure. These actuators ensure the safe and efficient operation of large systems, maintaining optimal conditions in demanding environments.

AUMA Riester GmbH & Co. KG; SLB ; Rotork Plc; Emerson Electric Co; Alfa Laval AB; Crane Company; Valmet Oyj; Flowserve Corp; KITZ Corp; Schneider Electric SE; Controls Supply Chain B.V.; and IMI Plc are among the key players profiled in the valve actuator market report. Several other major players were studied and analyzed during the valve actuator market analysis to get a holistic view of the market and its ecosystem. The valve actuator market also provides detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current valve actuator market trends and their foreseeable impact during the forecast period.

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