Actuators & Valves: Can Electric Actuator Transform Your Business?

Key takeaways of the Blog:

• What are Actuators and Valves?
• Categories of Actuators
• Industry Segmentation snapshot
• Electric actuators and their features
• Recent Product Launch

These devices draw power from various sources like pneumatic pressure, hydraulic fluid, or electricity. They find extensive applications across various fields such as automotive, aerospace, robotics, and construction.   

Actuators can be categorized based on the energy they rely on, including pneumatic, hydraulic, and electric actuators. Furthermore, A valve refers to a mechanical tool used to manage the movement of gases, liquids, or other fluid substances. Its function involves controlling the direction, pressure, and speed of fluid flow. Valves are prevalent in heating, plumbing, and cooling mechanisms and are integral components in industrial and manufacturing environments. 

A report by Allied Market Research on the global actuators and valves industry states that the industry is anticipated to showcase a notable CAGR of 8.1% from 2023 to 2032. The segmental analysis in the report indicates that the oil and gas segment is expected to generate absolute revenue growth of $37,699.5 million by 2032. On the other hand, the microelectronics and semiconductors, healthcare, pharma and life sciences, chemicals and CPI, automotive, energy and power, food and beverages, water and wastewater, mining, and paper and pulp segments are estimated to collectively garner absolute revenue growth of $79,379.7 million throughout the forecast timeframe.   

The regional analysis in the report indicates that India is anticipated to cite a noteworthy CAGR of 11.25% during the forecast period. However, the rest of the Asia-Pacific region would display the fastest CAGR of 9.97% by 2032. 

 Electric Actuators: Future of Automation 

The increasing popularity of electric linear actuators is attributable to their superior performance and reliability. This trend is applicable across a wide spectrum of industrial fields, ranging from simple applications to highly innovative uses like robotic arms and Automated Guided Vehicles (AGVs). An electric linear actuator is a device designed to transform electrical energy into linear motion. It is utilized for tasks involving pushing, pulling, lifting, or lowering heavy loads.   

Electric actuators are a more cost-effective choice in the long term when compared to other actuator types. They require minimal maintenance, are user-friendly in terms of operation and installation, and demonstrate robustness. Furthermore, they have a longer lifespan and showcase reliability across various environmental conditions. 

The industry for actuators and valves is highly competitive and several key players are launching their innovative products to sustain the competition. 

Automation Technology, Inc. has Introduced Zero emission actuator solution in August 2023

Automation Technology, Inc., a prominent supplier of comprehensive and customized valve automation services, has introduced its electrohydraulic actuator solution having zero emission to reduce carbon footprint resulting from pipeline operations. The electrohydraulic package offers a complete solution for eliminating emissions without depending upon pipeline gas as a primary source for the actuator. ATI’s self-contained electrohydraulic solution features a compact suit where the power source is directly attached to the actuator

To sum up, the global actuators and valves industry is gaining momentum due to factors such as advanced processing methods, the surge in safety norms in industries, and an expansion of the wastewater treatment industry. However, the growing adoption of robotics is estimated to offer prolific growth opportunities to the industry in the upcoming years.   

 

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