Marine Actuators and Valves Market continues to expand with Bosch Rexroth introducing SVA R2 electric subsea valve actuator, which satisfies Safety Integrity Level (SIL) 3

Marine Actuators and Valves are used in different industries and for various purposes. There is a huge need for these marine valves and they are essential to all types of industries. These Actuators and Valves are available in different models, designs, forms, sizes, specifications, etc. They are available in different sizes so as to suit all the requirements. Many countries across the globe are focused on modernizing their navies. The primary focus is on the procurement of advanced vessels, in order to protect the coastal areas of their respective countries. Besides, rapid growth of the maritime tourism industry is another key factor accelerating growth of the marine actuators and valves market in the near future. Recently, in April 2021, Bosch Rexroth launched SVA R2 electric subsea valve actuator, which satisfies Safety Integrity Level (SIL) 3 in accordance with IEC 61508 and IEC 61511. Rapidly growing international trade due to globalization remains one of the key as...