The Latin America, Middle East and Africa Valve Positioner Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
Valve positioners are widely used in places where the working pressure of the actuator is larger than the control signal pressure, as actuators operating at such considerable pressures need stiffness in movement. Higher actuator pressure is provided to ensure proper valve movement. Valve positioners provide extended control with fast reactions, especially in systems with pneumatic signal lines between the regulator and the valve. In scenarios where the control loops react slowly to the movement of the valve, valve positioners become a necessity.
With the rising issue of water scarcity, more water management initiatives have emerged. This is done to manage water and wastewater efficiently and to cater to water requirements demand to some extent. In addition, the governmental provisions in many nations restrict numerous industries from using potable water resources and have encouraged innovation in enterprises. As a result, the number of small water treatment plants has also increased, which facilitates the growth of the market.
The provision of water supply for agricultural purposes also uses valves and valve positioners. Additionally, water facilities are also required by the energy industry. Simultaneously, these industries increase the usage of valve positioners in both the demand and supply of resources. Furthermore, as a consequence of rapid urbanization, the need for municipal water is increasing, which necessitates the construction of more treatment plants. Therefore, valves and pipes in all industries significantly facilitate the increasing demand for the valve positioner market.
Expansion is taking place in the mining industry in Latin America, with international investors entering the market to take advantage of the region's abundant natural resources and cheap labour. As a result, the sector is anticipated to continue its upward trajectory in the coming years, with nations like Brazil selling off mining sites to raise money, increase jobs, and attract foreign direct investment (FDI). In addition to being the top producer of metals like gold, Brazil is already one of the world's primary sources of reserves and essential metals, such as aluminum, iron ore, and nickel. Numerous similar advancements throughout the region have propelled the growth prospects of the valve positioner market.
The Brazil market dominated the LAMEA Valve Positioner Market by Country in 2021; thereby, achieving a market value of $43.7 Million by 2028. The Argentina market is showcasing a CAGR of 10.1% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 9.2% during (2022 - 2028).
Based on Type, the market is segmented into Digital, Pneumatic and Electro-Pneumatic. Based on Actuation, the market is segmented into Single-Acting and Double-Acting. Based on Industry, the market is segmented into Energy & Power, Chemical, Oil & Gas, Food & Beverage, Water & Wastewater Treatment, Metal & Mining, Pharmaceutical, Paper & Pulp and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Valve Positioner Market is Predict to reach $2.5 Billion by 2028, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, Schneider Electric SE, Emerson Electric Co., Baker Hughes Company, SMC Corporation, Flowserve Corporation, Valmet Oyj, Azbil Corporation and Badger Meter, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Digital
- Pneumatic
- Electro-Pneumatic
By Actuation
- Single-Acting
- Double-Acting
By Industry
- Energy & Power
- Chemical
- Oil & Gas
- Food & Beverage
- Water & Wastewater Treatment
- Metal & Mining
- Pharmaceutical
- Paper & Pulp
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Siemens AG
- Schneider Electric SE
- Emerson Electric Co.
- Baker Hughes Company
- SMC Corporation
- Flowserve Corporation
- Valmet Oyj
- Azbil Corporation
- Badger Meter, Inc.
TABLE 1 LAMEA Valve Positioner Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Valve Positioner Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Digital Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Digital Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Pneumatic Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Pneumatic Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Electro-Pneumatic Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Electro-Pneumatic Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 12 LAMEA Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 13 LAMEA Single-Acting Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Single-Acting Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Double-Acting Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Double-Acting Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 18 LAMEA Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 19 LAMEA Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Chemical Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Chemical Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Food & Beverage Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Food & Beverage Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Water & Wastewater Treatment Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Water & Wastewater Treatment Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Metal & Mining Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Metal & Mining Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Paper & Pulp Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Paper & Pulp Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Valve Positioner Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Valve Positioner Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Valve Positioner Market, 2018 - 2021, USD Million
TABLE 40 Brazil Valve Positioner Market, 2022 - 2028, USD Million
TABLE 41 Brazil Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 42 Brazil Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 43 Brazil Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 44 Brazil Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 45 Brazil Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 46 Brazil Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 47 Argentina Valve Positioner Market, 2018 - 2021, USD Million
TABLE 48 Argentina Valve Positioner Market, 2022 - 2028, USD Million
TABLE 49 Argentina Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 50 Argentina Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 51 Argentina Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 52 Argentina Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 53 Argentina Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 54 Argentina Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 55 UAE Valve Positioner Market, 2018 - 2021, USD Million
TABLE 56 UAE Valve Positioner Market, 2022 - 2028, USD Million
TABLE 57 UAE Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 58 UAE Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 59 UAE Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 60 UAE Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 61 UAE Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 62 UAE Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Valve Positioner Market, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Valve Positioner Market, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 71 South Africa Valve Positioner Market, 2018 - 2021, USD Million
TABLE 72 South Africa Valve Positioner Market, 2022 - 2028, USD Million
TABLE 73 South Africa Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 74 South Africa Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 75 South Africa Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 76 South Africa Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 77 South Africa Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 78 South Africa Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 79 Nigeria Valve Positioner Market, 2018 - 2021, USD Million
TABLE 80 Nigeria Valve Positioner Market, 2022 - 2028, USD Million
TABLE 81 Nigeria Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 82 Nigeria Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 83 Nigeria Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 84 Nigeria Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 85 Nigeria Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 86 Nigeria Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Valve Positioner Market, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Valve Positioner Market, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Valve Positioner Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Valve Positioner Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Valve Positioner Market by Actuation, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Valve Positioner Market by Actuation, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Valve Positioner Market by Industry, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Valve Positioner Market by Industry, 2022 - 2028, USD Million
TABLE 95 Key Information – ABB Group
TABLE 96 Key Information – Siemens AG
TABLE 97 Key information – Schneider Electric SE
TABLE 98 Key Information – Emerson Electric Co.
TABLE 99 Key Information – Baker Hughes Company
TABLE 100 Key Information – SMC Corporation
TABLE 101 Key Information – Flowserve Corporation
TABLE 102 Key information – Valmet Oyj
TABLE 103 key information – Azbil Corporation
TABLE 104 Key Information – Badger Meter, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: ABB Group
FIG 3 Swot analysis: Siemens AG
FIG 4 Swot analysis: Schneider Electric SE
FIG 5 Recent strategies and developments: Emerson Electric Co.