Part-Turn Electric Actuators Market Size Reveals the Best Marketing Channels In Global Industry

The "Part-Turn Electric Actuators Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Part-Turn Electric Actuators market is expected to grow annually by 14.5% (CAGR 2024 - 2031).

This entire report is of 167 pages.

Part-Turn Electric Actuators Introduction and its Market Analysis

The Part-Turn Electric Actuators market research reports provide a comprehensive analysis of the market conditions, identifying key players such as Rotork, Auma, Flowserve, and Emerson. Part-Turn Electric Actuators are devices used to automate the opening and closing of valves in industrial applications. The target market for these actuators includes industries such as oil & gas, water treatment, and power generation. Major factors driving revenue growth in this market include the increasing demand for automation in industrial processes and the growing emphasis on efficiency and safety. The report's main findings highlight the rising adoption of advanced technologies in the industry and recommend strategies for market players to capitalize on these opportunities.

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Part-turn electric actuators are gaining momentum in various industries such as power, oil & gas, and chemical, among others. These actuators, powered by either AC or DC motors, are used for valve automation in critical applications. The power industry segment is witnessing a surge in demand for part-turn electric actuators, due to their efficiency and reliability in controlling valve operations. In the oil & gas industry, these actuators play a crucial role in optimizing production processes. Similarly, the chemical industry relies on part-turn electric actuators for precise control in hazardous environments.

Regulatory and legal factors specific to the part-turn electric actuators market are also crucial considerations for businesses operating in this sector. Compliance with industry standards, environmental regulations, and safety guidelines are essential to maintain market competitiveness and protect consumer interests. Companies must ensure their products meet all regulatory requirements to avoid legal challenges and maintain a positive reputation in the market. Adhering to these regulations not only ensures smooth operations but also fosters trust among stakeholders and enhances overall market presence for part-turn electric actuators.

Top Featured Companies Dominating the Global Part-Turn Electric Actuators Market

The competitive landscape of the Part-Turn Electric Actuators Market is highly competitive with a number of key players dominating the market. Some of the major companies operating in this market include Rotork, Auma, Flowserve, Emerson, ABB, Bernard Controls, SNNA, Biffi, Tomoe, Nihon Koso, Tefulong, CDF, SAIC, Aotuo Ke, Chuanyi Automation, Zhonghuan TIG, SIG, and PS Automation.

These companies offer a wide range of Part-Turn Electric Actuators that are used in various industries such as oil and gas, water and wastewater, power generation, chemical, and others. They provide solutions for precise and reliable control of valves and dampers, helping their customers improve efficiency, reduce downtime, and increase productivity.

Rotork is one of the leading players in the market and has a strong presence worldwide. In 2020, Rotork generated sales revenue of approximately $762 million. Auma is another key player in the market and had sales revenue of around $315 million in the same year. Flowserve, Emerson, and ABB are also prominent companies in the market with significant sales revenue.

These companies continue to invest in research and development to introduce innovative products and technologies in the Part-Turn Electric Actuators Market. They also focus on strategic partnerships and acquisitions to expand their market presence and reach new customers. Overall, these companies play a vital role in driving the growth of the Part-Turn Electric Actuators Market by offering advanced solutions and superior customer service.

• Rotork
• Auma
• Flowserve
• Emerson
• ABB
• Bernard Controls
• SNNA
• Biffi
• Tomoe
• Nihon Koso
• Tefulong
• CDF
• SAIC
• Aotuo Ke
• Chuanyi Automation
• Zhonghuan TIG
• SIG
• PS Automation

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Part-Turn Electric Actuators Market Analysis, by Type:

• AC Motors
• DC Motors

AC motors and DC motors are the two main types of part-turn electric actuators used in various industrial applications. AC motors are known for their high torque output, making them suitable for heavy-duty operations. On the other hand, DC motors offer precise control and quick response times. These two types of motors cater to different requirements, hence expanding the market potential for part-turn electric actuators. With advancements in technology and increasing automation in industries, the demand for part-turn electric actuators is expected to rise, driving the growth of the market further.

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Part-Turn Electric Actuators Market Analysis, by Application:

• Power Industry
• Oil & Gas Industry
• Chemical Industry
• Others

Part-Turn Electric Actuators are widely used in various industries like Power, Oil & Gas, Chemical, and others for valve automation. In the Power Industry, they are used for controlling valves in power plants. In the Oil & Gas Industry, they are used for pipeline and refinery applications. In the Chemical Industry, they are used for processing and handling of chemicals. The fastest growing application segment in terms of revenue is the Oil & Gas Industry, due to increasing demands for automation and safety in operations. Part-Turn Electric Actuators provide efficient, reliable, and precise control of valves, improving overall performance and safety in these industries.

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Part-Turn Electric Actuators Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Part-Turn Electric Actuators market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the market with a market share of approximately 35%, followed by Europe with a market share of around 25%. Asia-Pacific is also expected to hold a substantial market share of about 20%, with countries like China, Japan, and India driving growth. Latin America and the Middle East & Africa regions are anticipated to have a market share of around 10% each, exhibiting steady growth in the coming years.

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