New ARC Advisory Group research on the valve actuators market reveals that demand for both isolation and modulating valve actuators spiked with the appreciation of global oil prices, which led to higher investments in new and previously stalled upstream and midstream projects. Higher oil prices also sparked a round of deferred upgrades and maintenance activities from companies in the chemical, refining, and oil & gas midstream markets.
“The announcement of production cuts by the OPEC members should aid in stabilizing oil prices over the forecast period and help generate steady demand for valve actuators among oil & gas users. With higher investments expected from the global oil & gas and chemical industries, the global valve actuators market is set to experience growth,” according to Sandeep Mukunda, Analyst at ARC Advisory Group and key author of ARC’s Valve Actuators Global Market Research report.
About the Valve Actuators Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the valve actuators market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by actuator type, pneumatic actuator type, electric actuator type, flow condition, region, industry, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes one year of historical data as well as the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.