Solution Integration Of Manufacturers Set To Increase Hydraulic Valve Actuators Market
Hydraulic valve actuators are used for controlling valves using fluid power. These kinds of valve actuators are used by oil and gas companies during the extraction process, power generation and mining companies. The market is divided into linear actuators and rotary actuators.
Linear actuators provide linear movement to the valve disc. Rotary actuators provide the valve disc with a rotating action. Power is generated by the hydraulic unit and is applied to valve disc thereby allowing the valve to perform as required.
Many manufacturers like Trident Hydraulics are moving towards providing a complete package or a total solution while selling equipment or parts. The market is set for over 4% growth over the next 5 years, due to the expansion of the oil and gas extraction industry and emergence of overseas production units. Significant improvements have been made in traditional systems by introducing different capabilities in the valve actuators. This has helped in improving accuracy and enabled remote access.