{"id":132520,"date":"2024-05-28T04:55:30","date_gmt":"2024-05-28T08:55:30","guid":{"rendered":"https:\/\/v2fr5er78d.funnewsdaily.com\/books\/electro-hydraulic-servo-valve-market-to-reach-2-2-billion-globally-by-2032-at-3-6-cagr-allied-market-research\/"},"modified":"2024-05-28T04:55:30","modified_gmt":"2024-05-28T08:55:30","slug":"electro-hydraulic-servo-valve-market-to-reach-2-2-billion-globally-by-2032-at-3-6-cagr-allied-market-research","status":"publish","type":"post","link":"https:\/\/v2fr5er78d.funnewsdaily.com\/books\/electro-hydraulic-servo-valve-market-to-reach-2-2-billion-globally-by-2032-at-3-6-cagr-allied-market-research\/","title":{"rendered":"Electro Hydraulic Servo Valve Market to Reach $2.2 billion, Globally, by 2032 at 3.6% CAGR: Allied Market Research"},"content":{"rendered":"
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Wilmington, Delaware, May 24, 2024 (GLOBE NEWSWIRE) — Allied Market Research published a report, titled,\u00a0“<\/strong>Electro Hydraulic Servo Valve Market by Valve Type (Nozzle Flapper Valve, Jet Pipe Servo Valve, Direct Drive Servo Valve), Stage Type (Single-Stage Servo Valve, Two-Stage Servo Valve, Multi-Stage Servo Valve), and Application [Aerospace, Defense, Industrial, Construction, Oil and Gas, Others (Medical and Healthcare, Renewable Energy, Marine Industry)]: Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the “electro hydraulic servo valve market<\/u><\/a>” was valued at $1.6 billion in 2023, and is estimated to reach $2.2 billion by 2032, growing at a CAGR of 3.6% from 2024 to 2032.<\/p>\n The electro hydraulic servo valve market is expected to witness notable growth owing to increasing demand in industries such as aerospace, defense, and industrial automation. This growth is driven by the need for precise and efficient control systems in advanced machinery and vehicles. Technological advancements in servo valve design and materials, along with the rise of smart manufacturing and Industry 4.0, are also contributing factors. Additionally, the expanding application of EHSVs in renewable energy systems and electric vehicles underscores their versatility and importance, further propelling market expansion in the coming years.<\/p>\n Request PDF Sample Copy @ https:\/\/www.alliedmarketresearch.com\/request-sample\/A46353<\/u><\/a><\/strong><\/p>\n Report coverage & details:<\/strong><\/p>\n