What is Valve Position Sensor?
Valve Position Sensors are used to monitor valves and actuators. This valves are mainly used to handle bulk quantities of raw material. It is used in materials handling ranging of grain processing, agricultural commodities, automotive manufacturing, mining and others.it consist of flat metal gate and metal rollers. Based on the position of metal rollers, this valves allows or flow of the materials. In addition, it is also used to regulate bulk raw material. This sensors are also available in dual positioning. This Dual sensors reduces mounting and it saves overall maintenance by combining two sensors in one housing.
The market study is broken down by Type (Linear {Diaphragm Valves, Knife Gate Valves, Pinch Valves}, Rotatory, Angular and Others), by Application (Welding, Mobile Hydraulics, OEM Tools, Actuators and Others) and major geographies with country level break-up.
The market of valve position sensor is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide different positioning sensors with unique features. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International Inc. (United States), Pepperl+Fuchs (Germany), Crouzet (France), ASCO Valve, Inc. (United States), Curtiss-Wright (United States), Dwyer (United States), IFM Electronic (Germany), Metso Automation (Fineland), Microprecision Electronics (Switzerland), MTS Sensor Technologie GmbH & Co. KG (Germany), Rotork (United Kingdom), Soway Tech Limited (China) and AK Industries (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Valve Position Sensor market by Type, Application and Region.
On the basis of geography, the market of Valve Position Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Output Signal, the sub-segment i.e. Analog will boost the Valve Position Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mount Type, the sub-segment i.e. Flush Mountable will boost the Valve Position Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Food and Packaging will boost the Valve Position Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Valve Position Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Growing Preference for Linear Valve Position Sensor
Market Drivers
- Growing Expenditure of End Use Industry like Manufacturing Activities of Automotive, Food and Packaging
- Rising Demand for Valve Position Sensors in Handling Bulk Quantities
Opportunities
- Growing Inclination towards Adopting Risk Free Environment and Safety at Workplaces leads to the Demand for Valve Position Sensor
- Rising Oil & Gas and Other Industrial Infrastructure of Asia Pacific Region has Created Growth Opportunities
Restraints
- High Cost of Sensors May Limits its Demand
Challenges
- Maintenance and Installation Expenses may Limits its Demand from SMEs
Key Target Audience
Valve Position Sensor Manufacturers, Valve Position Sensor Suppliers/Distributors, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.