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2021
Pneumatic Positioner Market

Pneumatic Positioner Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A09756
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Dec 2021 | 268 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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A pneumatic positioner is a force balance device that uses controlled pneumatic output pressure for adjusting positions of valve actuators. The application of pneumatic positioners in industrial automation for controlling the motion in valve actuators improves the productivity of the equipment. The Pneumatic Valve Positioner is an instrument working on force balance principle to position the Control Valve stem in accordance to a pneumatic signal received from a controller or manual loading station, regardless of packing box friction, actuator hysteresis or unbalanced forces on the valve plug. Thus, the positioner ensures a reliable and accurate operation of Control Valve. The position of the plug, is directly proportional to the controller output pressure. The Positioner compares the forces generated by the control signal and the control valve stem through the motion connector and the feed back cam, and accordingly it feeds or bleeds the air going to the valve actuator. Thus, the positioner ensures a reliable and accurate operation of the control valve.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD Millions)

  Segments covered

  Type, Industry Verticals and Region

  Geographies covered

North America (US, Mexico and Canada), Europe (Germany, UK, Netherlands, Italy and France), Asia Pacific (China, Japan, South Korea, Sri Lanka and India), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

The key players in the pneumatic positioner market include ABB, Emerson Electric, Flowserve, General Electric, Honeywell, Schneider Electric, Siemens, Rotork, Baker Hughes and Azbil.

 

COVID-19 scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the global pneumatic positioner industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of global pneumatic positioner market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Opportunities, Restraints and Impact Analysis

The increasing demand for customized pneumatic positioners is a key factor behind the growth of the pneumatic positioner market. A wide range of customizable products in terms of coating and body material of the positioners are available in the market. Wide availability of customizable products help different end-users to select the appropriate products as per their application requirements. For instance, vendors in the chemical and petrochemical industry select anti-corrosion coating enabled valve positioners as these positioners are exposed to numerous chemically harsh liquids. The fluctuation in prices of raw material for manufacturing is a restraining factor as any volatility in raw material prices prevents manufacturing companies from adopting pneumatic positioners, thereby restraining the growth of the market. The opportunity for growth of pneumatic positioner market comes from the increasing popularity of smart positioners that are increasingly being adopted by end-users as it offers more operational efficiency than the other conventional positioners.

The global pneumatic positioner market trends are as follows:

Growth of global oil and gas industry

According to data of United Nations (U.N) more than 54% of global population is living in urban areas, which is generating employment opportunities and improving income level of individuals. Due to the aforementioned factors of growing population, urbanisation and increased standard of living of consumers around the world, creating opportunities for the global automotive market to expand. This in turn is aiding the growth of the global automotive, airline and tourism industries. With the rising construction activities across the globe, the use of fuel has considerably increased in the recent years. These factors contribute to the growth of the demand and consumption of oil and gas around the world and continue to aid the global oil and gas industry grow. Therefore, by extension, this helps the global pneumatic positioner to grow as well. 

Growth in global automotive industry to help the market grow

Technologies like IoT, data science, machine learning, and artificial intelligence have helped develop pneumatic positioner market massively. Increasing usage of digital or smart valve positioners is a key trend that is driving the market. These positioners can analyze the functioning of the valves by collecting data about the valves. Therefore, manufacturers are able to produce analytical models which help to improve the operational efficiency of the plant. This is expected to help the global pneumatic positioner market grow in the future.

Key segments covered:

Segments

Sub-segments

  Type

  • Linear Positioner
  • Rotary Positioner
  • Others

 

  Industry verticals

 

  • Oil and gas
  • Metals and mining
  • Chemical and petrochemical
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global pneumatic positioner industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global pneumatic positioner market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global pneumatic positioner market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global pneumatic positioner market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
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