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Aerospace & Defense Growth: Rising demand from aerospace and defense for precise motion control in advanced aircraft and UAVs.<br>Technological Advancements: Integration of smart features and digital innovations for improved performance and reliability.<br>Industrial Automation: Increased adoption in automated systems across industries, driving demand for precise motion control solutions.<br><br>for more info:https://tinyurl.com/yfcxxsrp<br><br>
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Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC ELECTRO HYDRAULIC SERVO VALVE MARKET
Choosing the Right Consulting Partner is Choosing the Growth Path OUR EXPERTISE - END TO END CONSULTING Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Energy and Power Life sciences and Healthcare IT & Consulting Consumer & Retail Electronics Chemicals and Materials Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
TABLE OF CONTENTS Topics Slide No Chapter 01: Electro Hydraulic Servo Valve Market Overview Chapter 01: Electro Hydraulic Servo Valve Market Overview - 004 Chapter 02: Electro Hydraulic Servo Valve Market Executive Summary Chapter 02: Electro Hydraulic Servo Valve Market Executive Summary - 007 Chapter 03: Electro Hydraulic Servo Valve Market Comparative Analysis Chapter 03: Electro Hydraulic Servo Valve Market Comparative Analysis - 012 Chapter 04: Electro Hydraulic Servo Valve Market Startup Companies Scenario Chapter 04: Electro Hydraulic Servo Valve Market Startup Companies Scenario - 023 Chapter 05: Electro Hydraulic Servo Valve Market Industry Market Entry Scenario Chapter 05: Electro Hydraulic Servo Valve Market Industry Market Entry Scenario - 027 Chapter 06: Electro Hydraulic Servo Valve Market Forces Chapter 06: Electro Hydraulic Servo Valve Market Forces - 031 Chapter 07: Electro Hydraulic Servo Valve Market Strategic Analysis Chapter 07: Electro Hydraulic Servo Valve Market Strategic Analysis - 040 Chapter 08: Electro Hydraulic Servo Valve Market - By Product Chapter 08: Electro Hydraulic Servo Valve Market - By Product - 047 Chapter 09: Electro Hydraulic Servo Valve Market - By Type Chapter 09: Electro Hydraulic Servo Valve Market - By Type - 052 Chapter 10: Electro Hydraulic Servo Valve Market - By Application Chapter 10: Electro Hydraulic Servo Valve Market - By Application - 059 Chapter 11: Electro Hydraulic Servo Valve Market - By Geography Chapter 11: Electro Hydraulic Servo Valve Market - By Geography - 070 Chapter 12: Electro Hydraulic Servo Valve Market Entropy - 115 Chapter 13: Electro Hydraulic Servo Valve Market Industry/Segment Competition Landscape - 118 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Chapter 14: Electro Hydraulic Servo Valve Market Key Company List By Country - 129 Chapter 15: Electro Hydraulic Servo Valve Market Company Profiles Chapter 15: Electro Hydraulic Servo Valve Market Company Profiles - 132 Chapter 16: Electro Hydraulic Servo Valve Market Research Methodology Chapter 16: Electro Hydraulic Servo Valve Market Research Methodology - 157 Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 01 ELECTRO HYDRAULIC SERVO VALVE MARKET OVERVIEW Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
1. MARKET OVERVIEW (1/2) Overview ❖ A key component of servo control systems is the electrohydraulic servo valve (EHSV). EHSV has been used in a variety of disciplines, including astronavigation, aviation, navigation, and military equipment, owing to its benefits of high control precision, quick reaction, light weight, compact volume, and high load immunity. ❖ During the projected period, the Electro Hydraulic Servo Valve Market is poised to rise significantly by the growing R&D activities of the manufacturers for product differentiation owing to the rapid improvements in technologies and capabilities of automated control systems. ❖ Engineers at Moog Inc., for example, use innovative materials, designs, and manufacturing processes to extend the life of servo valves. Hydraulic servo valves by Moog Inc. feature design includes disc filter, square body, single piece flapper/wire, and a carbide ball that replaces typical steel. Historical Context • During World War II, the electrohydraulic servo valve made its debut. Owing to the difficulty to quickly transform electrical impulses into hydraulic flows, EHSVs in use throughout the 1940s were characterized by poor precision and lengthy response times. • Using the Askania jet tube principle, R.Atchley invented the two-stage jet tube servo valve in 1957. A three-stage electric feedback servo valve was created in 1959. Servo valves were mostly utilized in the military at the time, but with the onset of the space era, they became widely used in the aerospace field, resulting in the development of high-reliability redundant servo valves and other cutting-edge technologies. Definition & Market Scope • A hydraulic servo valve is a device that controls position, velocity, pressure, or force in a machine or device by maneuvering the flow of fluid (oils) in response to an electrical input signal or command (usually through a piston or cylinder). Closed-loop control devices, servo valves can be single stage, two-stage, or three-stage designs. • The base year of the study is 2020, with forecast done up to 2026. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
1. MARKET OVERVIEW (2/2) Market Classification By Product By Type By Application Geography • Single Stage • Double Stage • Others • Nozzle Flapper Valve • Jet Action Valve • Deflector Jet Valve • Dynamic Valve • Others • Aerospace and Defense • Energy and Power • Gas Turbine/Aero Derivation Engine Based Systems • Others • Chemical • Oil and Gas • Marine • Building and Construction • Mining and Metal • Others • North America • South America • Europe • Asia-Pacific • Rest of The World Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 02 ELECTRO HYDRAULIC SERVO VALVE MARKET EXECUTIVE SUMMARY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
2. EXECUTIVE SUMMARY (1/4) ❖ Electro hydraulic servo valve market generated revenue of $1372.69m in 2020 and is Electro Hydraulic Servo Valve Market Revenue Share, By Product, 2020, 2026 (%) 2020 projected to reach $1669.12m by 2026, growing at CAGR of 3.3% during the forecast period of 2021-2026 ❖ Double Stage Product type generated revenue of $551.68m in 2020 and is projected to reach $650.966m by 2026, growing at CAGR of 2.8% during the forecast period of 2021- 2026 Single Stage ❖ The rise in the adoption of two-stage electrohydraulic servo valves with special Double Stage characteristic curves and a growing focus on two-stage flapper-nozzle electrohydraulic Others servo valves for applications in the chemical and oil and gas industries that are renowned for reliability and easy maintenance with a flow range of 0.4 to 700 l/min are the propelling the market's growth. ❖ However, Others segment is the fastest growing segment by Product with a CAGR of 2026 4.2% during the forecast period of 2021-2026 owing towards the growing prominence among developing nations coupled with the offerings provided by the firms in the region. ❖ The growing demand for cost-effective multi-stage electro hydraulic servo valves, as well Single Stage Double Stage Others as the increasing adoption of multi-stage deflector servo valves for applications such as velocity, acceleration, position, and force control for high precision and motion control Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC hydraulic systems, are driving the growth of the Electro Hydraulic Servo Valve Market. Owing to the expanding acceptance of these as critical components for loop electro motion control systems, multi-stage servo valves are also employed in aerospace and military industrial applications. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
2. EXECUTIVE SUMMARY (2/4) Electro Hydraulic Servo Valve Market Revenue Share, By Type, 2020, 2026 (%) ❖ Jet Action valve, by Type generated revenue of $434.59M in 2020 and is projected to reach $534.12M by 2026, growing at CAGR of 3.5% during the forecast period of 2021- 2020 2026. ❖ The growing focus on creating jet action valves that meet the unique needs of the most Nozzle Flapper Valve demanding consumers, as well as the rising adoption of single-stage and two-stage jet Jet Action Valve servo valves that meters the flow of oil in response to an electrical input command to Dynamic Valve control the velocity, pressure, position, and force in various machines and devices, are Deflector Jet Valve the major factors driving the growth of the Electro Hydraulic Servo Valve Market. Others ❖ However, Dynamic Valve is the fastest expanding sector by Type, with a CAGR of 5.2% from 2021 to 2026, owing to the market's growing popularity among developing 2026 nations, as well as the solutions given by the companies. ❖ The growing adoption of electrohydraulic dynamic servo valves in fluid power Nozzle Flapper Valve servomechanism to meet the growing demand for high power output, fast response, Jet Action Valve and working fidelity, as well as the growing focus on developing advanced dynamic Dynamic Valve valves by research institutes, are the main factors driving the Electro Hydraulic Servo Deflector Jet Valve Others Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Valve Market. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 06 ELECTRO HYDRAULIC SERVO VALVE MARKET FORCES Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
6.1 DRIVERS - IMPACT ANALYSIS (1/4) MARKET IMPACT OF DRIVERS Short Term Medium Term Long Term Drivers (2020-2021) (2022-2023) (2024-2026) High Growth Impact Growing Application Of Electro Hydraulic Servo Valve In Various Industries Owing To Its Several Benefits Is Having Positive Impact On Market. Rising Demand of Nozzle Flapper electro hydraulic Servo Valve to Maintain Pressure in Electro Hydraulic Servo Valve. High Acceptance Of Smart Control Which Is Using Electro Hydraulic Servo Valve Is Gaining Popularity Among Various Industry. Adoption Of Electro Hydraulic Servo Valve In Advanced Technology Across The Globe Is Having Strong Growth Of Market. Low High Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
6.1. MARKET DRIVERS-IMPACT ANALYSIS (3/4) Growing Application Of Electro Hydraulic Servo Valve In Various Industries Owing To Its Several Benefits Is Having Positive Impact On Market. ❖ The rise in the application of electro-hydraulic servo valves in various industries such as aerospace, steel industry, power industry, chemical industry and others is driving the growth of the Electro Hydraulic Servo Valve market. ❖ Electro-hydraulic servo valves are common in industrial and aerospace applications because they are essential components in closed-loop electro-hydraulic motion control systems. Electro-hydraulic servo valves (EHSV) are employed in a variety of industries such as astronavigation, aviation, navigation, and defence because of their advantages such as high control precision, quick response time, lightweight, and small size. High-precision systems with high-power hydraulics controlled by low-power (200 mW) electronics use electro-hydraulic servo valves. Closed-loop electro-hydraulic servo systems are gaining popularity in industrial automation, where system requirements necessitate increasing electronic control precision. As the aerospace industry has changed dramatically in recent years, resulting in increased investment across the globe. For instance, According to the Indian Industry Department's, 34 aerospace and defence companies have agreed to invest a total of Rs 2,464 crore in building up their facilities with the state government, with the potential to create 6,462 direct jobs. ❖ In a process plant, power generating, and mining, electro-hydraulic servo valves are used. The power and precision of electro-hydraulic servo valves are used in the plastics industry to improve the quality of blow-moulded and injection-moulded items. Hydraulic power, as well as the precision of electronic control, are critical in the steel sector. Electro-hydraulic servo valves are also gaining popularity in several industries, including material handling, oil and gas, and mobile equipment. ❖ The most common types of servo valves in the air force and aviation sector are jet pipe electro-hydraulic servo valves and nozzle flapper electro-hydraulic servo valves. Aerospace applications such as turbine engine controls, military flight controls, hydraulic utilities, and brake applications all utilise nozzle flapper electro- hydraulic servo valves. For instance, Parker Hannifin Corp provides Jet pipe electro-hydraulic servo valves for commercial passenger planes and military fighter aircraft flight control systems. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 07 ELECTRO HYDRAULIC SERVO VALVE MARKET STRATEGIC ANALYSIS Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
7.1. VALUE CHAIN ANALYSIS Electro Hydraulic Servo Valve Market, Value Chain Analysis ❖ The value chain analysis deals with the comprehensive evaluation of each activity involved in processing any product and finally delivering it to the end users. Each stage across the value chain of the product or service is associated with creating some monetary value. The value chain of a product or service, can allow the company to examine every activity across the value chain and identify the steps where elimination or modification is essential. ❖ The value chain of Electro Hydraulic Servo Valve Market involves various stages such as Sourcing of materials or procurement of raw material, Manufacturers/OEMSs, Research and development, contract manufacturing, regulatory agencies, Suppliers/Distributors and End-users. ❖ Manufacturers are indulged in sourcing the materials followed by its designing, manufacturing, and modifying with innovation whenever required. Production of electro hydraulic servo valves involves various raw material which are sourced from raw material suppliers. The OEMs who manufactures components that are used in another company's end product. ❖ The next phase is research and development, Various Electro Hydraulic Servo Valve manufacturers companies are investing in research and development activities for developing technologically advanced products. This research & developments helps manufacturers to come up with the best product suitable for the market. ❖ Moreover, various government policies and regulations have been implemented for the approval of Electro Hydraulic Servo Valve and manufacturers need to follow various regulations before sending the products to suppliers. In next phase in contract manufacturing company buy components from another company as it is form of contracting. ❖ After approval, the products is send to distributors and they are distributing the products to various End-users of this industry, that include aviation and defence industry, Energy and power, Oil and Gas Industry, Mining Industry, Construction industry and among others Sourcing/Procuremen t of Raw Material Manufacturer s/OEMs Research and Development Regulatory Agencies Contract Manufacturing/Inhouse Manufacturing Supplier/ Distributor Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC End-Users Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
7.2 OPPORTUNITIES ANALYSIS (1/3) MARKET IMPACT OF OPPORTUNITIES Short Term Medium Term Long Term Opportunities (2020-2021) (2022-2023) (2024-2026) High Growth Impact Adoption Of Electro Hydraulic Servo Valve In Industrial Robot Growing Research & Development for Electro Hydraulic Servo Valve with Electric Position Sensors. Growth in Mining and Oil & Gas Industry in Which Electro Hydraulic Servo Valve is Majorly Utilized. Low High Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: IndustryARC Analysis and Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 08 ELECTRO HYDRAULIC SERVO VALVE MARKET - BY PRODUCT Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
8.1 SINGLE STAGE ❖ The single stage servo valves move the spool to either side of the central position by employing one linear force motor. Single Stage servo valves have limited power capability and consist of a torque motor directly attached to the sliding valve spools. ❖ The key players in the industry are enhancing their investment in single stage servo valves that control flow applications. For instance, Woodward PLC is focusing on developing Nozzle Flapper Model single stage servo valves that control pressure and flow applications, precisely control fluid to drive Single Stage : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) actuators, motors and are contaminant-resistant for demanding engine control applications. ❖ Single stage electro hydraulic servo valves are increasingly being used in various end-use industries in 450.0 developed nations as they directly drive the movement of the spool with a solenoid, which is driving 400.0 the growth of the Electro Hydraulic Servo Valve Market. ❖ The rise in adoption of Single-stage servo valves in open-loop systems with an efficient flow rate, 350.0 300.0 Revenue ($M) growing demand for Single-stage servo valves in various end-use industries, and the increase in the 250.0 inclination towards Single-stage servo valves that have high oil resistance are the major factors 200.0 propelling the growth of the Electro Hydraulic Servo Valve Market. ❖ The key players are also focusing on research and development activities to develop advance single- 150.0 100.0 stage electro hydraulic servo valves that provide high dynamics and ease of maintenance and employ 50.0 one linear force motor that moves the spool to any side of the central position. ❖ Single stage segment of the electro hydraulic servo valve market generated a revenue of $343.2m in - 2020 2021 2022 2023 2024 2025 2026 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 2020 and is estimated to generate a revenue of $408.9m by 2026. The segment is projected to grow at a CAGR of 3.0% during the forecast period 2021-2026. Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
8.2 DOUBLE STAGE ❖ Double stage servo valves are used to control the speed and direction of hydraulic motors and are positioned by the torque motor that are further associated with the internal feedback mechanism of the valves. ❖ The key players in the industry are working on launching electro hydraulic servo valves that provide infinite proportional flow controls. For instance, Eaton is focusing on developing two-stage electro Double Stage : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) hydraulic servo valves that provide infinite cylinder position control and also infinite proportional flow control for real-time velocity and acceleration profiles when applied with servo electronics, hydraulic 700.0 motors, and tachometers. ❖ Researchers across the world are working on creating modeling two-stage flapper-nozzle 600.0 electrohydraulic servo valves that are exposed to acceleration to enhance its engineering applications 500.0 Revenue ($M) to take the benefit of the electrical control commands and electrical sensors and also to focus on 400.0 precise manufacturing. 300.0 ❖ The growing focus on two-stage flapper-nozzle electrohydraulic servo valves for applications in the 200.0 chemical and oil and gas industry that are renowned for reliability and easy maintenance with a flow 100.0 range of 0.4 to 700 l/min and the rise in the adoption of two-stage electrohydraulic servo valves that have special characteristic curves are the major factors propelling the growth of the market. - 2020 2021 2022 2023 2024 2025 2026 ❖ Double Stage segment of the Electro Hydraulic Servo Valve Market generated a revenue of $551.7m in Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 2020 and is estimated to generate a revenue of $651.0m by 2026. The segment is projected to grow at a CAGR of 2.8% during the forecast period 2021-2026. Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 09 ELECTRO HYDRAULIC SERVO VALVE MARKET - BY TYPE Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
9.1 NOZZLE FLAPPER VALVE ❖ Nozzle flapper valves sense a small displacement of the flapper and component of a pneumatic measurement system that converts movement into a variation of pressure output. ❖ Nozzle-flapper servo valves are widely used in modern electro-hydraulic control systems of many engineering applications and are effectively being replacing the traditional circular nozzles to reduce the cavitation of flow in the nozzle-flapper stage to generate a pressure signal and to restrict the fluid Nozzle Flapper Valve : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) flow through the nozzle. ❖ The nozzle flapper pressure servo valves are widely used in the aircraft brake system owing to their 500.0 small inertia of flapper, small offset distance, no effect of the frictional pairs, fast dynamic response 450.0 speed, and high control sensitivity. ❖ The growing demand for high-precision hydraulic components in the aerospace and defense industry, 400.0 350.0 Revenue ($M) 300.0 the rise in the product launches of Nozzle-flapper servo valves, and the increase in the research and 250.0 development activities to develop two-stage Nozzle-flapper servo valves are the major factors 200.0 propelling the growth of the electro hydraulic servo valve market. ❖ The key players in the industry are working on nozzle flapper valves for meeting the growing demand 150.0 100.0 from end-use industries. For instance, HAWE Hydraulik SE is focusing on developing the Nozzle 50.0 Flapper Valves to convert the mechanical output signal into an amplified hydraulic signal from the - 2020 2021 2022 2023 2024 2025 2026 electrical input stage for meeting the growing demand for various end-use industries. ❖ Nozzle Flapper Valve segment of the Electro Hydraulic Servo Valve Market generated a revenue of Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC $399.7m in 2020 and is estimated to generate a revenue of $475.7m by 2026. The segment is projected to grow at a CAGR of 3.0% during the forecast period 2021-2026. Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
9.2 JET ACTION VALVE ❖ Jet action valves enhance the fabrication industries with exceptional quality results and high- quality performance and are increasingly used in dust installations by maintaining the highest standards of reliability and quality. ❖ The key players across the world are focusing on developing advanced jet action valves for applications in end-use industries, such as oil and gas, building and construction, and chemical Jet Action Valve : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) to enhance the overall performance, which is creating a positive impact on the growth of the Electro Hydraulic Servo Valve Market. ❖ The rise in the adoption of single-stage and two-stage jet servo valves that meters the flow of oil 600.0 500.0 in response to an electrical input command to control the velocity, pressure, position, and force in various machine and devices and the growing focus on creating jet action valves that meet 400.0 Revenue ($M) the unique needs of the most demanding consumers are the major factors driving the growth of 300.0 the Electro Hydraulic Servo Valve Market. ❖ Mining and metal industries are shifting towards jet action valves that control flow and regulate 200.0 pressure and also can be used for both applying a pressure limit and pressure regulation for 100.0 allowing a high grade of flexibility. ❖ Jet Action Valve segment of the Electro Hydraulic Servo Valve Market generated a revenue of - 2020 2021 2022 2023 2024 2025 2026 $434.6m in 2020 and is estimated to generate a revenue of $534.1m by 2026. The segment is Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC projected to grow at a CAGR of 3.5% during the forecast period 2021-2026. Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 10 ELECTRO HYDRAULIC SERVO VALVE MARKET - BY APPLICATION Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
10.1 AEROSPACE AND DEFENSE ❖ According to the PwC’s Global Aerospace and Defense Annual Industry Outlook 2020, the aerospace and defense industry across the world has generated $697 billion of revenue and $25 billion of operating profit. ❖ Nozzle Flapper Valves are increasingly being used in aerospace applications, such as military fight controls, turbine engine controls, hydraulic utilities, and braking applications as their control sensitivity is high and Aerospace and Defense : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) dynamic response speed is fast, and also linearity is good. ❖ End-use industries are inclining towards electro hydraulic servo valves that provide quick response time, compact size, lightweight, and high level of precision owing to the rise in the demand for electro hydraulic servo 600.0 valves in aviation, navigation, astronavigation, and defense. 500.0 ❖ The key players are developing electro hydraulic servo valves that provide damping characteristics. For instance, 400.0 Moog is focusing on electrically operated servo valves in aerospace that control the flow of hydraulic fluid on Revenue ($M) launch vehicles and provide precise control of position, force, velocity, and also provide pressure with damping 300.0 characteristics. 200.0 ❖ The rise in the demand for quality control and smart designing electro hydraulic servo valves, increase in the 100.0 research and development activities, and the growing innovations in electro hydraulic servo valves for applications in missiles in developed nations are the major factors driving the growth of the electro hydraulic - 2020 2021 2022 2023 2024 2025 2026 servo valve market. ❖ Aerospace and Defense segment of the Electro Hydraulic Servo Valve Market generated a revenue of $392.5m in Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 2020 and is estimated to generate a revenue of $493.6m by 2026. The segment is projected to grow at a CAGR of 3.9% during the forecast period 2021-2026. Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
10.2 ENERGY AND POWER ❖ According to the estimations of the Central Electricity Authority (CEA), the share of renewable energy generation is estimated to increase from 18% to 44% by 2029-30. ❖ Electro Hydraulic Servo Valves are effectively used in the energy and power industry that has the capability of providing a continuous variation of flow based on the input signal and by utilizing a sliding spool as the control element for providing a fast dynamic response, long service life, and Energy and Power : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) high control precision. ❖ Jet active valves are increasingly being implemented in the energy and power industry owing to 300.0 the capability of torque motor bending a pipe from which a high-pressure jet is directed towards 250.0 two fixed receivers that are hydraulically connected to the spool end faces. ❖ Energy and power industries are shifting towards two-stage Servo valves that are often installed 200.0 Revenue ($M) in systems that require efficiency and are designed with accuracy and control in mind to regulate 150.0 fluid flows at hydroelectric power plants. ❖ The key players are focusing on developing Electro Hydraulic Servo Valves for the energy and 100.0 50.0 power sector with advanced safety features, such as explosion-proof and fail-safe options, and including special performance modifications, such as customized spool null cuts. ❖ Energy and Power segment of the Electro Hydraulic Servo Valve Market generated a revenue of - 2020 2021 2022 2023 2024 2025 2026 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC $197.5m in 2020 and is estimated to generate a revenue of $257.0m by 2026. The segment is projected to grow at a CAGR of 4.5% during the forecast period 2021-2026. Source: IndustryARC Analysis & Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 11 ELECTRO HYDRAULIC SERVO VALVE MARKET - BY GEOGRAPHY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
11.4. APAC 11.4.2. China ❖ With technological advancement demand for Electro-Hydraulic, Servo Valve is rising in China as China : Electro Hydraulic Servo Valve Market Revenue, 2020-2026 ($M) more power has been introduced into electro-hydraulic control valves along with new demands as materials, manufacturing, electrical technology, and computer technology have advanced. 250.00 Which aids the regional Electro Hydraulic Servo Valve Market’s growth. ❖ In China, single-stage valves are being used more frequently for high-end applications to 200.00 provide high stability and suitability in oil and gas applications. ❖ In recent years, the Chinese oil and gas sector has evolved drastically, resulting in higher investment. Owing to increased natural gas demand, the country plans to develop 23 gas 150.00 Revenue($M) storage facilities by 2030, at a cost of roughly USD 8.5 billion. This huge investment will provide market participants with expansion opportunities. 100.00 ❖ Oil and gas pipelines and storage facilities make up China's oil and gas midstream. In 2018, the country had nearly 30,189 kilometres of natural gas pipeline and nearly 10,834 kilometres of 50.00 the oil pipeline. This creates a positive impact on the market. ❖ China Electro Hydraulic Servo Valve Market generated a revenue of $145.11 m in 2020 and - projected to reach a revenue of $ 195.32 m by 2026 growing at a CAGR of 5.1% during the Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 2020 2021 2022 2023 2024 2025 2026 forecast period 2021-2026. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 15 ELECTRO HYDRAULIC SERVO VALVE MARKET COMPANY PROFILES Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
15.1 MOOG, INC. (1/3) Moog, Inc.: Product Portfolio Division Product Specification Servovalves for TVC systems have shown to operate reliably under the harshest conditions, including high pressure and temperature extremes. Flight control, engine control, thrust vector control, and braking and steering are all common applications. The capacity to modify the valves and tune the software to fit particular machine requirements for flexibility, production, and maintenance is provided by digital and axis control servo valves. For usage in potentially hazardous locations, explosion-proof versions are ATEX, IECEx, and FM certified. The legacy products include: Jet Pipe Servovalve, 760 series servo valves, 62 series servo valves. Where, the Jet Pipe Servovalve features two-stage proportional flow control with a Jet Pipe first stage. Thrust Vector Control Servovalves Aerospace Servovalves Address: 400 Jamison Rd Elma, NY, 14059-9596, United States. Digital Control Servo Valves and Axis Control Valves Tel: (716) 652-2000 Website: https://www.moog.com/ Industrial Business Overview Legacy Products Moog, Inc. Description Establishing Year 1951 Employees as of 2020 ~13,000 Moog Inc. : Revenue Share –Electro Hydraulic Servo Valve Market, 2020 (%) Headquarters United States 6% Revenue- (2020) $2884.6 m Revenue- (2020)-Electro Hydraulic Servo Valves $171.74m Business Segments Market Revenue Other Segment Revenue Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Space and Defense Controls Aircraft Controls Industrial Controls 94% Source: Company Website Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
15.1 MOOG, INC. (2/3) Financials: Moog, Inc., Revenue, 2018-2020 ($M) Moog, Inc., Revenue Share, By Segments 2020 (%) 2,904 2,884 3,000 2,709 2,600 30% 38% Revenue ($M) 2,200 Aircraft Controls Space & Defense Controls 1,800 Industrial Systems 1,400 1,000 2018 2019 2020 32% Moog, Inc., Revenue Share, By Geography 2020 (%) 35% United States International Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 65% Source: Company Website, Annual Report Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
15.1 MOOG, INC. (3/3) Moog, Inc.: Developments Date Approach Description Moog Inc. and SIA Engineering Company have announced the launch of Moog Aircraft Services Asia, a joint venture. Moog owns 51% of the company's stock, while SIAEC owns the remaining 49%. In the Asia-Pacific, SIA Engineering Company (SIAEC) is a prominent provider of aircraft maintenance, repair, and overhaul (MRO) services. October, 2017 Joint Venture Moog Inc. announced that it has reached a deal to buy VUES Brno s.r.o. in a formal agreement. In cash, the purchase price is €53 million ($65 million US). VUES is based in Mostecka, Czech Republic, with satellite offices in Jarni and Slavkov u Brna. February, 2018 Agreement Moog Inc. announced to expand its operations in Utah, adding up to 120 jobs, $4.9 million in new state income, and $2.23 million in capital investment, according to the Governor's Office of Economic Development (GOED). August, 2018 Expansion Moog has launched an updated version of D680 Proportional Valve series which are throttle valves for 2-, 3-, 4- and 5- way applications, and are appropriate for electrohydraulic position, velocity, flow, and force control in hydraulic systems. October, 2018 Product Launch The Voith Group and Moog Inc., both developers, manufacturers, and suppliers of electric, hydraulic, and hybrid drive solutions, are in the process of forming a joint venture in Rutesheim. The project establishes a strategic collaboration to grow the hydrostatic servo-hydraulics industry in a variety of industrial applications. September, 2019 Partnership Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: Company Website Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
CHAPTER - 16 ELECTRO HYDRAULIC SERVO VALVE MARKET RESEARCH METHODOLOGY Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
16. MARKET OVERVIEW: RESEARCH METHODOLOGY (1/3) DATA ANALYSIS PRELIMINARY RESEARCH • After the corroboration of data, the team of analysts moves toward understanding how the market has evolved over the years • The overall market size is gathered after analysing various segments and verticals of the market • An impact analysis is also carried out to fathom the factors that would possibly affect the market in the next few years • Bottom-up approach along with statistical modelling based on the various factors was applied while estimating value for each of the segments. It was estimated through primary as well as secondary sources across major countries and regions. • Defined market scope • Key points such as market trends, performance and market dynamics for the Electro Hydraulic Servo Valve Market are identified, which are then used to estimate the market to the best extent. 1 DATA GATHERING 6 • A number of secondary sources have been utilized for data gathering. • Various trade bodies and associations were taken into consideration to understand the dynamics of the market. VERIFICATION • Dedicated for thorough check of all data points that have been incorporated and rechecked against various data sources Key data points are collected from paid secondary databases and successively validated from primary sources. The market shares are further validated through expert interviews with key industry players, with respect to specific segments 2 5 • • 3 4 FORECAST METHODOLOGY DATA SYNTHESIS • The time series forecasting methodology is applied based on the overall industry growth along with the assessment of micro and macro factors prevalent in the industry The forecasting model is an iterative tool and is backed by • At this stage, the micro and macro factors prevalent in each region are analysed and various patterns in historical data are identified and compared with the current scenario. Companies are identified and a detailed analysis is carried out on Electro Hydraulic Servo Valve provided by the companies. • Copyright ©2024 IndustryARC historical trends of the market along with a regressive mathematical model that assesses the value based on factors such as capital expenditure, service cost, and so on. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC • Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
16. MARKET OVERVIEW: SECONDARY SOURCES (2/3) Secondary Sources: Electro Hydraulic Servo Valve Market (Partial List) S.No SOURCES 1 Indian Valve and Actuator Manufacturers Association (IVAMA) 2 Valve Manufacturers Association of America 3 The German Valve Manufacturers Association 4 Japan Valve Manufacturers' Association 5 Hydraulic Institute and Valve Manufacturers Association 6 The Scientific and Industrial Valve Manufacturers Association (NPAA) Chinese Journal of Mechanical Engineering 7 8 National Fluid Power Association 9 Italian association of manufacturers of industrial valves and components 10 Manufacturers Standardization Society of the Valve and Fitting Industry (MSS) Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Secondary Sources: Company financials, magazines, journals, press releases, paid databases, in-house data repository, company websites, Manufacturer’s Associations, journals and white papers. Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
16. MARKET OVERVIEW: PRIMARY SOURCES (3/3) Primary Sources: Electro Hydraulic Servo Valve Market (Partial List) S.No Designation Company 1 Moog Marketing Manager 2 Eaton Senior Director Sales 3 Honeywell Area Sales Manager 4 Bosch Sales Executive 5 Woodward PLC Area Sales & Marketing Manager 6 Voith Marketing Manager 7 Bosch Product Manager 8 Schneider Area Sales Manager 9 Hawe Hydraulik Sales and Marketing Manager Copyright ©2024 IndustryARC Aviation Industry Corporation of China Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 10 Area Sales Manager Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
SOURCES Breakdown of Primary Interviews, By Designation, % Breakdown of Primary Interviews, By Region, % 10% 6% 12% CEOs,COOs, CFOs 35% North America 20% Directors South America 44% Europe Managers and Department Heads Asia Pacific Rest of the World Others 38% 20% 15% Total No of Primaries Conducted: 200 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com
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