Electro Hydraulic Servo Valve Market Scope
An electro-hydraulic servo valve (EHSV) is a device that uses an electrical input signal to control the flow of a gas or liquid. The flow of this medium is then used to drive the opening or closing of a valve or movement of an actuator. The EHSV thus offers an efficient and reliable way to control fluid flow and mechanical motion in various locations on engines or aircraft. Electro-hydraulic servo valves also have numerous applications outside of the aerospace industry; however, aviation applications are more demanding in terms of safety, reliability and harsh operating environments.
The market study is being classified by Type (Nozzle Flapper Valve, Jet Action Valve and Dynamic Valve), by Application (Aerospace, Steel Industry, Power Industry, Chemical Industry and Others) and major geographies with country level break-up. According to AMA, the Global Electro Hydraulic Servo Valve market is expected to see growth rate of 3.2% and may see market size of USD1580.0 Million by 2024.
Research Analyst at AMA predicts that United States and German Manufacturers will contribute to the maximum growth of Global Electro Hydraulic Servo Valve market throughout the predicted period.
Moog (United States), Bosch Rexroth (Germany), Parker Hannifin (United States), Honeywell (United States), Eaton Vickers (Ireland), Woodward, Inc. (United States), Voith (Germany), Atos (France), EMG (United States) and Schneider Kreuznach (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are AVIC (China), Oilgear (United States), Star Hydraulics Ltd. (United Kingdom) and YUKEN (Japan).
AdvanceMarketAnalytics has segmented the market of Global Electro Hydraulic Servo Valve market by Type, Application and Region.
On the basis of geography, the market of Electro Hydraulic Servo Valve 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).
- Aviation Applications Are More Demanding In Terms Of Safety, Reliability and Harsh Operating Environments
- Increased Demand for Electro Hydraulic Servo Valve from Aerospace Industry
- Growing Demand for Quality and Smart Control
- The Surging Demand from Industrial Segment
- The Increasing Application of EHSV among Various Industries
- The Emerging Demand from Developing Countries
Key Target AudienceElectro Hydraulic Servo Valve Manufacturers, Electro Hydraulic Servo Valve Sub Component Manufacturers, Electro Hydraulic Servo Valve Traders/Distributors, Electro Hydraulic Servo Valve Importer/Exporter, Regulatory & Government Bodies, End Users and Others
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