Key Factors Driving Growth in the Global Valve Positioner Market

Tuesday, 19 March 2024, 15:30

The global valve positioner market is expected to grow at a CAGR of 5.5% from 2024 to 2034, reaching a valuation of US$ 3.3 billion. Technological infrastructure growth plays a key role in expanding the market, with a focus on precision and automation. Digitization in the industry, particularly digital positioners, is a significant driver for growth as it enhances efficiency in industrial operations.
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Key Factors Driving Growth in the Global Valve Positioner Market

Global Valve Positioner Market Growth

Technological infrastructure growth drives market expansion, enabling efficient production of various valves.

Market players prioritize precision, propelling growth. The digital category leads the industry because of the rising preference for automated industrial equipment.

Digital positioners formulate a significant link between the valve and the system and then, control the position and movement of an actuator by converting electrical signals to the desired air pressure readings.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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