Forecast of Global Rotary Valve Actuator Consumption Market 2023

Global Rotary Valve Actuator market will register a 3.0% CAGR in terms of revenue, reach US$ 1490 million by 2023, from US$ 1250 million in 2017. A rotary actuator is an actuator that produces a rotary motion or torque. The simplest actuator is purely mechanical, where linear motion in one direction gives rise to rotation. The most common actuators though are electrically powered.