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PUBLISHER: KBV Research | PRODUCT CODE: 1511456
PUBLISHER: KBV Research | PRODUCT CODE: 1511456
North America Electro Hydraulic Servo Valve Market Size, Share & Trends Analysis Report By Application (Aerospace, Industrial, Construction, Oil & Gas, Defense, and Others), By Valve Type, By Stage Type, By Country and Growth Forecast, 2024 - 2031
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The North America Electro Hydraulic Servo Valve Market would witness market growth of 3.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Electro Hydraulic Servo Valve Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $398.8 million by 2031. The Canada market is experiencing a CAGR of 5.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.3% during (2024 - 2031).
Electro-hydraulic servo valves (EHSV) are precision devices used in hydraulic systems to control the flow and pressure of hydraulic fluid, which in turn controls the position, velocity, and force of hydraulic actuators or cylinders. EHSVs) find wide-ranging applications across various industries where precise control of hydraulic systems is essential.
Additionally, EHSVs are pivotal in controlling hydraulic systems used in robotics, CNC (Computer Numerical Control) machinery, material handling equipment, and assembly lines. These valves enable precise positioning, movement, and force control, improving productivity and operational efficiency.
The expansion of the aerospace sector in Canada has spurred increased requirements for advanced and dependable hydraulic systems. EHSVs are crucial components in aircraft for controlling various functions such as flight control surfaces, landing gear, and braking systems. As Canadian aerospace manufacturers produce more aircraft, the demand for these valves rises correspondingly. According to the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs).
Based on Application, the market is segmented into Aerospace, Industrial, Construction, Oil & Gas, Defense, and Others. Based on Valve Type, the market is segmented into Nozzle Flapper Valve, Jet Pipe Servo Valve, and Direct Drive Servo Valve. Based on Stage Type, the market is segmented into Two-Stage Servo Valve, Single-stage Servo Valve, and Multi-Stage Servo Valve. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- HAWE Hydraulik SE
- Honeywell International Inc.
- Eaton Corporation plc
- YUKEN KOGYO CO., LTD.
- Daikin Industries Ltd. (DUPLOMATIC MS Spa)
- Moog Inc.
- Illinois Tools Works, Inc. (MTS Systems Corporation)
- Atos spa
- Parker Hannifin Corporation
- Bosch Rexroth AG (Robert Bosch GmbH)
North America Electro Hydraulic Servo Valve Market Report Segmentation
By Application
- Aerospace
- Industrial
- Construction
- Oil & Gas
- Defense
- Others
By Valve Type
- Nozzle Flapper Valve
- Jet Pipe Servo Valve
- Direct Drive Servo Valve
By Stage Type
- Two-Stage Servo Valve
- Single-stage Servo Valve
- Multi-Stage Servo Valve
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Electro Hydraulic Servo Valve Market, by Application
- 1.4.2 North America Electro Hydraulic Servo Valve Market, by Valve Type
- 1.4.3 North America Electro Hydraulic Servo Valve Market, by Stage Type
- 1.4.4 North America Electro Hydraulic Servo Valve Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Electro Hydraulic Servo Valve Market by Application
- 4.1 North America Aerospace Market by Country
- 4.2 North America Industrial Market by Country
- 4.3 North America Construction Market by Country
- 4.4 North America Oil & Gas Market by Country
- 4.5 North America Defense Market by Country
- 4.6 North America Others Market by Country
Chapter 5. North America Electro Hydraulic Servo Valve Market by Valve Type
- 5.1 North America Nozzle Flapper Valve Market by Country
- 5.2 North America Jet Pipe Servo Valve Market by Country
- 5.3 North America Direct Drive Servo Valve Market by Country
Chapter 6. North America Electro Hydraulic Servo Valve Market by Stage Type
- 6.1 North America Two-Stage Servo Valve Market by Country
- 6.2 North America Single-stage Servo Valve Market by Country
- 6.3 North America Multi-Stage Servo Valve Market by Country
Chapter 7. North America Electro Hydraulic Servo Valve Market by Country
- 7.1 US Electro Hydraulic Servo Valve Market
- 7.1.1 US Electro Hydraulic Servo Valve Market by Application
- 7.1.2 US Electro Hydraulic Servo Valve Market by Valve Type
- 7.1.3 US Electro Hydraulic Servo Valve Market by Stage Type
- 7.2 Canada Electro Hydraulic Servo Valve Market
- 7.2.1 Canada Electro Hydraulic Servo Valve Market by Application
- 7.2.2 Canada Electro Hydraulic Servo Valve Market by Valve Type
- 7.2.3 Canada Electro Hydraulic Servo Valve Market by Stage Type
- 7.3 Mexico Electro Hydraulic Servo Valve Market
- 7.3.1 Mexico Electro Hydraulic Servo Valve Market by Application
- 7.3.2 Mexico Electro Hydraulic Servo Valve Market by Valve Type
- 7.3.3 Mexico Electro Hydraulic Servo Valve Market by Stage Type
- 7.4 Rest of North America Electro Hydraulic Servo Valve Market
- 7.4.1 Rest of North America Electro Hydraulic Servo Valve Market by Application
- 7.4.2 Rest of North America Electro Hydraulic Servo Valve Market by Valve Type
- 7.4.3 Rest of North America Electro Hydraulic Servo Valve Market by Stage Type
Chapter 8. Company Profiles
- 8.1 HAWE Hydraulik SE
- 8.1.1 Company Overview
- 8.1.2 SWOT Analysis
- 8.2 Honeywell International, Inc.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 SWOT Analysis
- 8.3 Eaton Corporation PLC
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 SWOT Analysis
- 8.4 Yuken kogyo Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Daikin Industries Ltd. (DUPLOMATIC MS Spa)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
- 8.6 Moog, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 SWOT Analysis
- 8.7 Illinois Tools Works, Inc. (MTS Systems Corporation)
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
- 8.8 Atos spa
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
- 8.9 Parker Hannifin Corporation
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis
- 8.10. Bosch Rexroth AG (Robert Bosch GmbH)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Electro Hydraulic Servo Valve Market, 2020 - 2023, USD Million
- TABLE 2 North America Electro Hydraulic Servo Valve Market, 2024 - 2031, USD Million
- TABLE 3 North America Electro Hydraulic Servo Valve Market by Application, 2020 - 2023, USD Million
- TABLE 4 North America Electro Hydraulic Servo Valve Market by Application, 2024 - 2031, USD Million
- TABLE 5 North America Aerospace Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Aerospace Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Industrial Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Industrial Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Construction Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Construction Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Defense Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Defense Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Electro Hydraulic Servo Valve Market by Valve Type, 2020 - 2023, USD Million
- TABLE 18 North America Electro Hydraulic Servo Valve Market by Valve Type, 2024 - 2031, USD Million
- TABLE 19 North America Nozzle Flapper Valve Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Nozzle Flapper Valve Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Jet Pipe Servo Valve Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Jet Pipe Servo Valve Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Direct Drive Servo Valve Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Direct Drive Servo Valve Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Electro Hydraulic Servo Valve Market by Stage Type, 2020 - 2023, USD Million
- TABLE 26 North America Electro Hydraulic Servo Valve Market by Stage Type, 2024 - 2031, USD Million
- TABLE 27 North America Two-Stage Servo Valve Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Two-Stage Servo Valve Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Single-stage Servo Valve Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Single-stage Servo Valve Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Multi-Stage Servo Valve Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Multi-Stage Servo Valve Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Electro Hydraulic Servo Valve Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Electro Hydraulic Servo Valve Market by Country, 2024 - 2031, USD Million
- TABLE 35 US Electro Hydraulic Servo Valve Market, 2020 - 2023, USD Million
- TABLE 36 US Electro Hydraulic Servo Valve Market, 2024 - 2031, USD Million
- TABLE 37 US Electro Hydraulic Servo Valve Market by Application, 2020 - 2023, USD Million
- TABLE 38 US Electro Hydraulic Servo Valve Market by Application, 2024 - 2031, USD Million
- TABLE 39 US Electro Hydraulic Servo Valve Market by Valve Type, 2020 - 2023, USD Million
- TABLE 40 US Electro Hydraulic Servo Valve Market by Valve Type, 2024 - 2031, USD Million
- TABLE 41 US Electro Hydraulic Servo Valve Market by Stage Type, 2020 - 2023, USD Million
- TABLE 42 US Electro Hydraulic Servo Valve Market by Stage Type, 2024 - 2031, USD Million
- TABLE 43 Canada Electro Hydraulic Servo Valve Market, 2020 - 2023, USD Million
- TABLE 44 Canada Electro Hydraulic Servo Valve Market, 2024 - 2031, USD Million
- TABLE 45 Canada Electro Hydraulic Servo Valve Market by Application, 2020 - 2023, USD Million
- TABLE 46 Canada Electro Hydraulic Servo Valve Market by Application, 2024 - 2031, USD Million
- TABLE 47 Canada Electro Hydraulic Servo Valve Market by Valve Type, 2020 - 2023, USD Million
- TABLE 48 Canada Electro Hydraulic Servo Valve Market by Valve Type, 2024 - 2031, USD Million
- TABLE 49 Canada Electro Hydraulic Servo Valve Market by Stage Type, 2020 - 2023, USD Million
- TABLE 50 Canada Electro Hydraulic Servo Valve Market by Stage Type, 2024 - 2031, USD Million
- TABLE 51 Mexico Electro Hydraulic Servo Valve Market, 2020 - 2023, USD Million
- TABLE 52 Mexico Electro Hydraulic Servo Valve Market, 2024 - 2031, USD Million
- TABLE 53 Mexico Electro Hydraulic Servo Valve Market by Application, 2020 - 2023, USD Million
- TABLE 54 Mexico Electro Hydraulic Servo Valve Market by Application, 2024 - 2031, USD Million
- TABLE 55 Mexico Electro Hydraulic Servo Valve Market by Valve Type, 2020 - 2023, USD Million
- TABLE 56 Mexico Electro Hydraulic Servo Valve Market by Valve Type, 2024 - 2031, USD Million
- TABLE 57 Mexico Electro Hydraulic Servo Valve Market by Stage Type, 2020 - 2023, USD Million
- TABLE 58 Mexico Electro Hydraulic Servo Valve Market by Stage Type, 2024 - 2031, USD Million
- TABLE 59 Rest of North America Electro Hydraulic Servo Valve Market, 2020 - 2023, USD Million
- TABLE 60 Rest of North America Electro Hydraulic Servo Valve Market, 2024 - 2031, USD Million
- TABLE 61 Rest of North America Electro Hydraulic Servo Valve Market by Application, 2020 - 2023, USD Million
- TABLE 62 Rest of North America Electro Hydraulic Servo Valve Market by Application, 2024 - 2031, USD Million
- TABLE 63 Rest of North America Electro Hydraulic Servo Valve Market by Valve Type, 2020 - 2023, USD Million
- TABLE 64 Rest of North America Electro Hydraulic Servo Valve Market by Valve Type, 2024 - 2031, USD Million
- TABLE 65 Rest of North America Electro Hydraulic Servo Valve Market by Stage Type, 2020 - 2023, USD Million
- TABLE 66 Rest of North America Electro Hydraulic Servo Valve Market by Stage Type, 2024 - 2031, USD Million
- TABLE 67 Key Information - HAWE Hydraulik SE
- TABLE 68 Key Information - Honeywell International, Inc.
- TABLE 69 Key Information - Eaton Corporation PLC
- TABLE 70 Key Information - Yuken kogyo Co., Ltd.
- TABLE 71 Key Information - daikin industries ltd.
- TABLE 72 Key Information - Moog, Inc.
- TABLE 73 Key Information - Illinois Tool Works, Inc.
- TABLE 74 Key Information - Atos Spa
- TABLE 75 Key Information - Parker Hannifin Corporation
- TABLE 76 Key Information - Bosch Rexroth AG
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