Valve Positioners Market worth $2.2 billion by 2024

According to the new market research report "Valve Positioners Market by Type (Electro-Pneumatic, Pneumatic, Digital), Actuation (Single-Acting, Double-Acting), Industry (Oil & Gas, Power, Water & Wastewater, Chemicals, Food & Beverages), and Geography - Global Forecast to 2024", The valve positioners market is expected to grow from USD 1.7 billion in 2019 to USD 2.2 billion by 2024, at a compound annual growth rate (CAGR) of 5.3% during the forecast period. The growing importance of control & monitoring in process industries and the increasing demand for valve automation solutions are driving the growth of the industry.