Product Code: CMI4427
Global electro hydraulic servo valve market is estimated to be valued at US$ 2.41 Bn in 2024 and is expected to reach US$ 3.56 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 2.41 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.70% |
2031 Value Projection: |
US$ 3.56 Bn |
Figure. Electro Hydraulic Servo Valve Market Share (%), By Region, 2024
Electro hydraulic servo valves are electro-hydraulic components that are used to control servo systems. These help achieve precise control over hydraulic actuators like hydraulic motors and cylinders. Servo valves use an electrical signal to control a hydraulic signal. This hydraulic signal further helps control the flow and direction of hydraulic fluid going to hydraulic actuators. Servo valves play an important role in applications that require precise flow control or response time like flight control surfaces, precision manufacturing machines, heavy equipment, and others. Servo valve technology has advanced tremendously, thus, helping scalability across different applications.
Market Dynamics:
Global electro hydraulic servo valve market growth is driven by factors such as increasing automation across industries and growing adoption of robotic systems. Electro hydraulic servo valves are critical components for precision motion control in automated machinery. Their ability to precisely control hydraulic fluid flow direction and flow rate makes them well-suited for automation. Growing industrial automation to enhance productivity can boost demand globally. Meanwhile, increasing investments in robotics for applications like material handling, welding, and others can boost the need for reliable and precise valve control systems. However, availability of alternative technologies for motion control like electric actuators can hamper the market growth. Rising need for skilled workforce to handle complex servo valve assemblies can also hamper the market growth. Ongoing research for developing compact, energy-efficient and intelligent valves can offer growth opportunities for wider integration across applications.
Key features of the study:
This report provides in-depth analysis of the global electro hydraulic servo valve market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global electro hydraulic servo valve market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Moog Inc., Parker Hannifin Corporation, Bosch Rexroth AG, Eaton Corporation, Honeywell International Inc., SMC Corporation, Emerson Electric Co., Bellofram Corporation, Aro Inc. (Ingersoll Rand), Ametek, Inc., Danfoss A/S, Controls and Measurements, Inc., MTS Systems Corporation, Festo AG & Co. KG, and Aven Robotics
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global electro hydraulic servo valve market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electro hydraulic servo valve market
Detailed Segmentation-
- By Type Insights (Revenue, US$ Bn, 2019 - 2031)
- Direct-Acting Electro Hydraulic Servo Valves
- Pilot-Operated Electro Hydraulic Servo Valves
- By Application Insights (Revenue, US$ Bn, 2019 - 2031)
- Aerospace & Defense
- Industrial Machinery
- Robotics
- Automotive
- Others
- By End User Insights (Revenue, US$ Bn, 2019 - 2031)
- Oil & Gas
- Manufacturing
- Aerospace
- Others
- Regional Insights (Revenue, US$ Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Moog Inc.
- Parker Hannifin Corporation
- Bosch Rexroth AG
- Eaton Corporation
- Honeywell International Inc.
- SMC Corporation
- Emerson Electric Co.
- Bellofram Corporation
- Aro Inc. (Ingersoll Rand)
- Ametek, Inc.
- Danfoss A/S
- Controls and Measurements, Inc.
- MTS Systems Corporation
- Festo AG & Co. KG
- Aven Robotics
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Electro Hydraulic Servo Valve Market, By Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Direct-Acting Electro Hydraulic Servo Valves
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Pilot-Operated Electro Hydraulic Servo Valves
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Electro Hydraulic Servo Valve Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Aerospace & Defense
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Industrial Machinery
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Robotics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Automotive
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Electro Hydraulic Servo Valve Market, By End User, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Oil & Gas
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Manufacturing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Aerospace
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Automotive
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
7. Global Electro Hydraulic Servo Valve Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- North America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Europe
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Israel
- GCC Countries
- Rest of the Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Company Profiles
- Moog Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Parker Hannifin Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bosch Rexroth AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Eaton Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Honeywell International Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SMC Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Emerson Electric Co.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bellofram Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Aro Inc. (Ingersoll Rand)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ametek, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Danfoss A/S
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Controls and Measurements, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- MTS Systems Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Festo AG & Co. KG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Aven Robotics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact