According to a new report published by Transparency Market Research, the electrohydraulic servo valves (EHSVs) market will record significant growth owing to the rising demand in the aerospace and defense industry across the globe. The report titled, “Electrohydraulic Servo Valves (EHSVs) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” anticipates that the global market will grow remarkably during the forecast period.
The electrohydraulic servo valves (EHSVs) market is segmented based on stage type, valve type, end-use industry, and region. In terms of application, the electrohydraulic servo valves (EHSVs) market is segregated into aerospace & defense industry, steel industry, power industry, chemical industry, and others (basic metal processing, injection molding, fatigue testing, machine tools, manufacturing system, material testing, rubber processing, saw and veneer mill machines, rail roads, submersible, and vibration reduction).
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Based on valve type, the electrohydraulic servo valves (EHSVs) market is divided into nozzle flapper valve, jet pipe servo valve, and direct drive servo valve. Nozzle flapper servo valves are used in aerospace applications such as turbine engine controls, military flight controls, hydraulic utilities, and braking applications.
On the basis of regional perspective, the global electrohydraulic servo valves (EHSVs) market is segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Among these, North America is projected to hold a dominant share of the global electrohydraulic servo valves (EHSVs) market during the forecast period, followed by Europe and Asia Pacific. The electrohydraulic servo valves (EHSVs) market in North America is projected to expand significantly due to the increase in usage of electrohydraulic servo valves (EHSVs) in various process industries. Electrohydraulic servo valves (EHSVs) industries are improving electrohydraulic servo valves (EHSVs) existing facilities with the deployment of advanced technologies.
Prominent players operating in the global electrohydraulic servo valves (EHSVs) market are included in this report to give a better competitive analysis and these are Moog Inc., Bosch Rexroth AG, Parker Hannifin Corporation, Honeywell International Inc., Eaton Corporation Plc., Woodward Inc., and Parker Hannifin Corp.
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