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Data Bridge Market Research has unveiled a new report called “Electro Hydraulic Servo Valve Market“ which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape. The Electro Hydraulic Servo Valve marketing report offers an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining crucial insight of the market. Such a brilliant report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same. The wide-ranging market research report presents intelligent solutions to versatile business challenges and instigates an effortless decision-making process.
Data Bridge Market Research analyses that the global electro hydraulic servo valve market is expected to reach the value of USD 2,661,640.40 thousand by 2030, at a CAGR of 5.2% during the forecast period. The electro hydraulic servo valve market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Key Opportunities
- Increasing partnership, acquisition and collaboration among market players
The electro-hydraulic servo valves market is growing, owing to factors such as growing electrification of industrial operations, oil consumption, advancement in working procedures, and others. Moreover, growing awareness among engineers regarding the usage and benefits of servo valves is also aiding global growth. Due to this, there is a huge demand for advanced servo valves with high working process efficiency.
Moreover, high-tech solutions will spike demands, and various tech giants and start-ups are coming up with innovative simulation solutions to gain market advantages. These players are entering into various partnerships, obtaining various contracts for installation & upgradation, and entering into partnerships, mergers, and acquisitions to cater to consumer requirements.
Some Of the Major Players Operating in the Electro Hydraulic Servo Valve Market are:
- YUKEN KOGYO CO., LTD
- MTS Systems
- Moog Inc.
- Atos spa
- PARKER HANNIFIN CORP
- AVIC Nanjing Servo Control System Co., Ltd. (Aviation industry)
- Continental Hydraulics Inc.
- JASC
- Bosch Rexroth AG
- Woodward, Inc.
- Eaton
- Honeywell International Inc.
- Voith GmbH & Co. KGaA
- Star Hydraulics Limited
- SCHNEIDER SERVOHYDRAULICS
- HAWE Hydraulik SE
- DUPLOMATIC MS Spa
Recent Development
- In September 2022, Moog Inc. introduced its new X700 Series servo cartridge valves with a robust design enabling a maximum main stage operating pressure of 420 bar. With this, the company will further expand its product & services in the premium market.
- In August 2022, Voith GmbH & Co. KGaA announced the acquisition of ARGO-HYTOS Group. This acquisition will help the company develop and produce components for hydraulics and system solutions with a focus on the off-highway sector, accelerating the hydraulics business growth.
Global Electro Hydraulic Servo Valve Market Segmentation:
Stage Type
- Single Stage Servo Valve
- Two Stage Servo Valve
- Three Stage Servo Valve
Valve Type
- Nozzle Flapper Valve
- Jet Pipe Servo Valve
- Deflector Jet
- Others
LPM Type
- Less Than 20 LPM
- More Than 20 LPM
Application
- Aerospace
- Power Industry
- Steel Industry
- Chemical Industry
- Oil & Gas
- Marine Industry
- Construction Industry
- Healthcare
- Others
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