Disruptive Growth Prospects Drive the Global Industrial Valves and Actuators Sector
Future growth potential driven by the shift toward sustainable energy and technology-enabled new business models
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This study is an analysis of the global industrial valves and actuators market. It also details the growth potential of this market in the short, medium, and long terms. There is also an in-depth coverage of the growth of valves in the green technology sector.
As the valves market is mature, Frost & Sullivan has highlighted valve applications in the green technology space and has also discussed growth opportunities for valves in upcoming technologies. Green technology comprises non-traditional energy sources used in various industries. In this, hydropower, Concentrated Solar Power (CSP), geothermal energy, energy from biofuels, natural-gas based power generation, energy from hydrogen, battery manufacturing, and water and wastewater treatment sources have been covered in detail.
Upcoming technological trends have widened the growth avenue of traditional equipment such as valves and actuators. Hence, growth opportunities in these technologies have also been covered.
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