Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Type (Actuators, Valves), By Application (Oil & Gas, Paper & Pulp, Mining, Water & Wastewater, Food & Beverages, Energy & Power, Automotive, Others) And Competitive Landscape
Product Code: ETC399685 | Publication Date: Aug 2022 | Updated Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Latin America Actuators & Valves Market report thoroughly covers the market by countries, type, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Latin America Actuators & Valves Market is estimated to surge exponentially in the region underpinned by the rising industrial expansion, infrastructure development, and the growing demand for energy-efficient products in the region. Additionally, the growing product demand by the sectors, which include oil & gas, water & wastewater, and chemicals & petrochemicals is likely to fuel the market growth. However, the actuators and valves are expensive, leading to restrain the market growth in the coming years.
According to 6Wresearch, the Latin America Actuators & Valves Market size is estimated to gain momentum during 2021-2027. The market is driven by the rising expansion of industries and rapid urbanization in the region. Additionally, the rising investment in infrastructure development including, transportation, energy, and water management development is likely to burgeoning the actuators & valves demand in the region and will widen the market landscape potentially. Also, increasing investment in the oil & gas industry is leading to create a favourable impact on the market growth in the coming years with an increase in the application of actuators & valves during oil & gas industrial operations, especially, to control fluid velocities. However, the high cost of raw materials can affect the Latin America Actuators & Valves Market growth. Despite this challenge, the market is still growing with the rising urbanization and the growing government investment in widening the industrial landscape in the region.
Report Name | Latin America Actuators & Valves Market |
Base Year | 2020 |
Historical Period | 2017-2020 |
Forecast Period | 2021-2027 |
Market Size Value | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Type, By Application |
Countries Covered | Brazil, Mexico, Argentina, Rest of Latin America |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
The COVID-19 pandemic had a profound impact on the Actuators & Valves market in Latin America. The strict lockdown measures to cease the spread of the virus. As a result, the demand for Actuators & Valves products declined massively due to the ceased of industrial operations in the region coupled with disruption in the supply chain due to restrictions on the trade, this resulted in a major decline in the Latin America Actuators & Valves Market share during the pandemic.
Several key players in the Latin America actuators & valves market who are offering to-notch products are:
Based on the country, Brazil is the largest manufacturer of actuators & valves in Latin America contributing to the market growth backed by the growing construction sector in the country. Hence, this market is estimated to hold the largest Latin America Actuators & Valves Market revenue in the upcoming years.
According to Dhaval, Research Manager, 6Wresearch, both actuators and valves are expected to surge the market growth due to their different uses to perform a specific task. However, valves are estimated to dominate the market compared to actuators due to the rising demand for flow control solutions during various industrial operations.
Based on the application, the oil and gas sector has been using actuators and valves widely to perform numerous functions including, control of fluid velocities, and for remote opening & closing of valves in pipelines. However, despite the oil & sector, other industries such as Mining, Water & Wastewater, Food & Beverages, Energy & Power, and Automotive are driving demand for actuators & valves.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Actuators & Valves Market Overview |
3.1 Latin America Actuators & Valves Market Revenues & Volume, 2017 - 2027F |
3.2 Latin America Actuators & Valves Market - Industry Life Cycle |
3.3 Latin America Actuators & Valves Market - Porter's Five Forces |
3.4 Latin America Actuators & Valves Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.5 Latin America Actuators & Valves Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Latin America Actuators & Valves Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Latin America Actuators & Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Actuators & Valves Market Trends |
6 Latin America Actuators & Valves Market, 2017 - 2027 |
6.1 Latin America Actuators & Valves Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Latin America Actuators & Valves Market, Revenues & Volume, By Application, 2017 - 2027 |
7 Brazil Actuators & Valves Market, 2017 - 2027 |
7.1 Brazil Actuators & Valves Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 Brazil Actuators & Valves Market, Revenues & Volume, By Application, 2017 - 2027 |
8 Mexico Actuators & Valves Market, 2017 - 2027 |
8.1 Mexico Actuators & Valves Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 Mexico Actuators & Valves Market, Revenues & Volume, By Application, 2017 - 2027 |
9 Argentina Actuators & Valves Market, 2017 - 2027 |
9.1 Argentina Actuators & Valves Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Argentina Actuators & Valves Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Rest of Latin America Actuators & Valves Market, 2017 - 2027 |
10.1 Rest of Latin America Actuators & Valves Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Rest of Latin America Actuators & Valves Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Latin America Actuators & Valves Market Key Performance Indicators |
12 Latin America Actuators & Valves Market - Opportunity Assessment |
12.1 Latin America Actuators & Valves Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Actuators & Valves Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Latin America Actuators & Valves Market Opportunity Assessment, By Application, 2020 & 2027F |
13 Latin America Actuators & Valves Market - Competitive Landscape |
13.1 Latin America Actuators & Valves Market Revenue Share, By Companies, 2020 |
13.2 Latin America Actuators & Valves Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |