The global piezoelectric proportional valve market was was valued at US$ 651.6 Mn in 2016 and is projected to reach US$ 1,107.1 Mn in 2026 at a CAGR of 5.5% from 2017 to 2026.. The 0–2.0 bar type segment in the global piezoelectric proportional valve market is estimated to account for major revenue share of 43.6% in 2017 owing to factors such as high availability, less energy consumption, and high efficiency and performance levels when compared to conventional/solenoid proportional valves.
Global Aerogel Market: Segmental Snapshot
By type: 0-2.0 bar segment is estimated to register a CAGR of 5.8%, thereby accounting for highest revenue share among all the type segments.
By application: Industrial segment is estimated to register a CAGR of over 5.9%, thereby accounting for highest revenue share among the application segments.
By region: The market in Asia Pacific is expected to reach at a CAGR of over 6.3% between 2017 and 2026.
Global Piezoelectric Proportional Valve Market: Competitive Analysis
The research report on the global piezoelectric proportional valve market includes detailed competitive analysis on major companies such as HOERBIGER Holding AG, Festo AG & Co., DTI Motors, Duplomatic MS S.p.A. P.IVA, PARKER HANNIFIN CORP., ASCO Valve, Inc., and AirCom Pneumatic GmbH.
Infographic by Piezoelectric Proportional Valve Market