Valve Driver Market worth $519 million by 2025

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MarketsandMarkets Presents
Valve Driver Market with COVID-19 Impact, by
Function (Solenoid, Proportional), Valve Type
(Conventional Control Valve, Expansion Valve),
End-User (Commercial Residential, Industrial,
and Motion Equipment), Region - Global Forecast
to 2025 The Valve Driver Market size is
expected to grow from USD 421 million in 2020
to USD 519 million by 2025, at a CAGR of 4.3
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MarketsandMarkets Presents
Commercial residential end user to hold the
largest share of the valve driver market during
the forecast period Residential and commercial
include apartments, homes, offices, industrial
facilities, and others. The increased adoption of
HVAC/R systems in the residential segment has led
to the growth of the valve drivers market. In
situations where the government has set new
performance norms to save energy as there focus
is to make the machineries or operations more
efficient, manufacturers of HVAC/R systems are
encouraged to manufacture new versions of those
systems, which will increase the demand for the
HVAC/R systems.
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MarketsandMarkets Presents
Valve driver market for proportional valve
driver to grow at highest CAGR from 2020 to
2025 The proportional valve drivers are
technologically more advanced, which act as an
interface for the valve. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id47607837 This allows the benefits of
setting up different parameters for the
functioning of the valve. In this, the operator
can set up the values of the temperature,
pressure, or flow of the liquid or gas being
passed by the valve. All these setups can be done
on the valve drivers themselves with the help of
the valve drivers, the different parameters are
applied in the process.
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MarketsandMarkets Presents
Rising adoption of valve drivers across different
end-user such as commercial residential,
industrial and motion equipment to boost demand
for valve drivers in APAC APAC is expected to
dominate the valve driver during the forecast
period. The rapid urbanization and
industrialization are increasing the demand for
valve driver in the region. However, COVID-19, a
global health emergency and an economic crisis,
which has impacted the growth of the valve driver
market in 2020 adversely. The valve driver market
is projected to witness a significant decline as
a few of the major end-users are adopting valve
drivers. 
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MarketsandMarkets Presents
Few major players in the valve driver market
Danfoss (Europe), Parker Hannifin (US), Emerson
Electric Co. (US), Eliwell Controls (Europe),
Carel Industries (Europe), MKS Instruments (US),
Hydraforce Inc. (US), Hussmann Corporation (US),
Sanhua (Spain), and Fujikoki Corporation (Japan)
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MarketsandMarkets Presents
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