PORTLAND, Ore., Feb. 28, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Actuators and Valves Market By Application (Oil and Gas, Paper and Pulp, Mining, Water and Wastewater, Food and Beverages, Energy and Power, Automotive, Chemicals and CPI, Pharma and Life Sciences, Healthcare, and Microelectronics and Semiconductors), and Type (Actuators [Electrical Actuators, Mechanical Actuators, Hydraulic Actuators, and Pneumatic Actuators], and Valves [Cast Iron, Alloys, Plastic and Steel]), and Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031″, according to the report, the global actuators and valves industry generated $104.52 billion in 2021, and is projected to reach $204.63 billion by 2031, registering a CAGR of 7.13% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.
Actuators and Valves Market Expected to Reach $204.63 Billion, Globally, By 2031 at 7.13% CAGR: Allied Market Research
