Oil And Gas Actuators Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Gates, Valves, Others), By Size (0.25 to 8 inch, 8 to 16 inch, Above 16 inch), By Body Material (Cast, Forged, Others), By Application (Upstream, Midstream, Downstream), By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 9.26 Billion
CAGR (2026-2031)	4.72%
Fastest Growing Segment	Upstream
Largest Market	North America
Market Size (2031)	USD 12.21 Billion

Market Overview

The Global Oil And Gas Actuators Market will grow from USD 9.26 Billion in 2025 to USD 12.21 Billion by 2031 at a 4.72% CAGR. The Global Oil And Gas Actuators Market consists of mechanical devices responsible for operating valves and dampers to precisely regulate fluid flow and pressure within extraction, transportation, and processing facilities. The market is primarily supported by the increasing demand for automation to enhance operational safety in hazardous environments and the necessity to modernize aging infrastructure for improved efficiency. Furthermore, the continuous global requirement for energy resources drives the development of new exploration projects, thereby stimulating the procurement of robust flow control mechanisms.

One significant challenge that could impede market expansion is the volatility in capital expenditure arising from the global energy transition and fluctuating commodity prices, which often leads to uncertainty regarding long-term project approvals. This hesitation can result in delayed investment decisions for critical equipment. However, capital commitment remains strong; according to the International Energy Agency, in 2024, global upstream oil and gas investment increased by 7% to reach USD 570 billion, highlighting the substantial funding that underpins the demand for actuators in this sector.

Key Market Drivers

The Expansion of Global Offshore and Onshore Exploration Activities serves as a primary catalyst for the market, necessitating the deployment of durable actuators to manage complex extraction processes. As energy companies venture into new fields to replace depleting reserves, the requirement for automated flow control solutions in wellheads and processing units intensifies. This surge in upstream activity is quantified by robust output projections; according to the U.S. Energy Information Administration, December 2025, in the 'Short-Term Energy Outlook', global liquid fuels production is forecast to increase by 3.0 million barrels per day in 2025. Such a substantial rise in production capability directly correlates with increased procurement of actuators to ensure safe and efficient hydrocarbon extraction. Furthermore, the sector's heavy reliance on these technologies is underscored by major manufacturers' order books; according to Flowserve Corporation, February 2025, in its '2024 Annual Report', the oil and gas industry represented approximately 37% of the company's total bookings in 2024.

Simultaneously, the Growing Adoption of Electric Actuators for Energy Efficiency is reshaping market dynamics as operators seek to minimize carbon footprints and operational costs. Unlike traditional pneumatic systems that often vent methane, electric actuators offer precise control with zero emissions, aligning with tightening environmental mandates and net-zero goals. This technological shift is driving significant revenue growth for specialized equipment providers. According to Rotork, March 2025, in the '2024 Full Year Results', revenue in the Oil & Gas division grew by low double digits year-on-year on an organic constant currency basis, reflecting the accelerating transition toward electrified instrumentation. This trend is further supported by the integration of smart diagnostics within electric units, allowing for predictive maintenance and reduced downtime in critical infrastructure.

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Key Market Challenges

The volatility in capital expenditure arising from the global energy transition and fluctuating commodity prices presents a formidable barrier to the expansion of the Global Oil And Gas Actuators Market. This financial instability fosters a climate of uncertainty, compelling energy companies to exercise extreme caution regarding long-term infrastructure commitments. Consequently, critical Final Investment Decisions (FIDs) for new extraction and processing facilities are frequently postponed or suspended. Since actuators are essential components procured during the construction phase of these projects, any delay in project sanctioning directly halts the order intake for flow control mechanisms, thereby stifling immediate market growth and reducing revenue visibility for manufacturers.

The impact of this hesitation is evident in recent industry data regarding project approvals. According to the International Gas Union, in 2024, the volume of new liquefaction capacity reaching Final Investment Decision dropped to approximately 15 million tonnes per annum, representing the lowest annual approval volume since 2020. This sharp decline highlights how capital discipline and market ambiguity are restricting the pipeline of new developments, which in turn limits the opportunities for actuator suppliers to provision essential equipment for fresh large-scale operations.

Key Market Trends

The Integration of IIoT and Cloud Analytics for Real-Time Predictive Maintenance is fundamentally altering asset management strategies by shifting focus from simple device-level monitoring to enterprise-wide optimization. Operators are increasingly deploying cloud-native platforms that aggregate data from connected actuators to predict failures and optimize maintenance schedules across global portfolios, thereby reducing unplanned downtime. This surge in demand for data-centric operations is evidenced by the financial performance of leading industry technology providers; according to SLB, January 2025, in the 'Fourth-Quarter and Full-Year 2024 Results', full-year revenue for its Digital business grew by 20% year-on-year to reach USD 2.44 billion, underscoring the rapid sector-wide adoption of AI and cloud-based industrial software that relies on inputs from intelligent field instrumentation.

Concurrently, the Modernization of Aging Assets via Intelligent Actuator Retrofitting Solutions has emerged as a critical trend as energy companies prioritize the life extension of brownfield facilities over capital-intensive greenfield projects. Rather than replacing entire valve assemblies, operators are opting to retrofit existing infrastructure with advanced intelligent actuators to enhance process control and meet methane abatement targets efficiently. This shift towards maintaining and upgrading installed bases is reflected in the revenue mix of major equipment manufacturers; according to Rotork, March 2025, in the '2024 Full Year Results', the company's Service division, which specializes in lifetime management and retrofitting, contributed 23% of the Group's total revenue, marking an increase from the previous year and highlighting the growing market reliance on modernization services.

Segmental Insights

Based on recent market research, the Upstream segment is identified as the fastest-growing category within the Global Oil and Gas Actuators Market. This expansion is fundamentally driven by intensified global exploration and production activities aimed at replacing depleting reserves and meeting rising energy consumption. Oil and gas operators are increasingly prioritizing the automation of wellheads and drilling rigs to improve operational efficiency and adherence to strict safety protocols. Furthermore, the strategic shift toward developing complex offshore and unconventional shale assets requires durable actuation technologies, thereby creating substantial demand for these components in extraction processes.

Regional Insights

North America leads the Global Oil and Gas Actuators Market due to its expansive energy infrastructure and significant shale gas exploration activities. The region's dominance is reinforced by the widespread adoption of automation technologies that enhance operational efficiency in upstream and midstream sectors. Furthermore, stringent regulatory frameworks enforced by the Environmental Protection Agency (EPA) and safety standards from the American Petroleum Institute (API) necessitate the use of reliable flow control mechanisms to ensure compliance. This focus on safety, emission reduction, and continuous infrastructure modernization ensures sustained demand for actuator solutions across the continent.

Recent Developments

• In June 2025, Rotork officially entered into a strategic collaboration by joining the Rockwell Automation Technology Partner Program to enhance its presence in the industrial automation landscape. This partnership enabled the integration of the company's intelligent electric actuators, specifically those with EtherNet/IP connectivity, into the partner's comprehensive design tools and product reference catalogs. The collaboration was established to streamline the specification process for engineers and system integrators working in sectors such as oil and gas. By aligning their technologies, the companies aimed to deliver more connected and efficient flow control solutions to customers across North America, EMEA, and the Asia-Pacific regions.
• In October 2024, Baker Hughes announced the delivery of advanced Masoneilan valve and actuator systems to two major residual hydrocracking units at refineries in India. The supply included the 74000 Series Heavy Oil Process valves, which were selected for their ability to handle severe service conditions and high-pressure letdown processes essential for converting heavy materials into valuable hydrocarbons. This deployment demonstrated the company's capability to support critical downstream operations with specialized actuation and control technologies. The project underscored the continued demand for robust flow control equipment in modernizing and expanding refining infrastructure within the energy market.
• In February 2024, AUMA expanded its portfolio of flow control solutions by introducing the PROFOX-X actuator series, which was developed to meet the stringent safety requirements of the global oil and gas sector. This new range incorporated explosion-proof features, securing certification for use in hazardous atmospheres and with hydrogen (gas group IIC). The actuators were designed with a compact footprint to facilitate installation in confined spaces, such as skids and processing units. The product launch highlighted the company's focus on combining precise, high-speed valve control with robust protection against potentially explosive environments found in energy production facilities.
• In January 2024, Emerson launched the Fisher easy-Drive 200R Electric Actuator, a new technology engineered specifically for heavy industry applications including oil and gas installations. The product was designed to operate reliably in extreme environmental conditions, such as cold and remote locations, where maintaining continuous performance is critical. By utilizing electric power, this actuator solution aimed to eliminate the control-related emissions typically associated with traditional gas-operated systems, thereby assisting operators in meeting sustainability targets. The system featured self-calibration capabilities and low energy consumption, allowing it to function effectively in areas reliant on solar power or with limited utility access.

Key Market Players

• Emerson Electric Co.
• Rotork plc
• Flowserve Corporation
• Pentair Plc
• Honeywell International Inc.
• General Electric Company
• AVK Group A/S
• IMI plc

By Product Type	By Size	By Body Material	By Application	By Region
Gates Valves Others	0.25 to 8 inch 8 to 16 inch Above 16 inch	Cast Forged Others	Upstream Midstream Downstream	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Oil And Gas Actuators Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Oil And Gas Actuators Market, By Product Type:

• Gates
• Valves
• Others

• Oil And Gas Actuators Market, By Size:

• 0.25 to 8 inch
• 8 to 16 inch
• Above 16 inch

• Oil And Gas Actuators Market, By Body Material:

• Cast
• Forged
• Others

• Oil And Gas Actuators Market, By Application:

• Upstream
• Midstream
• Downstream

• Oil And Gas Actuators Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE