Actuators and Valves Market: Foreseen To Prosper High Growth Industry Innovations Forecasting By 2017 - 2026
The global actuators and valves market portrays a is highly fragmented in nature owing to presence of a large number of small and medium scale manufacturers, states Transparency Market Research. Actuators and valves market are largely driven by product launch and acquisition. For instance, Honeywell International Inc. announced a new range of 2-way and 3-way ball valves suitable for a wide range of heating, ventilating, and air conditioning applications. The Honeywell range of ball valves and actuators is designed to maximize the key features required to give specifiers, installers, and users the most cost-effective solution. Moreover, expansion and agreement are other wining strategies adopted by key players. Some of the major companies in the global actuators and valves market are Honeywell International Inc., AVK Holdings A/S., Flowserve Corporations, Schlumberger Limited, Emerson Electric Co. As stated by TMR analyst, the global actuators and valves market is proj...