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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Electro hydraulic servo valve is an electrically operated valve that controls the flow of the fluid to the actuator. The device uses closed loop system, which provides precise control over the output. The demand for electro hydraulic servo valves is expected to increase in various industry applications such as aerospace, steel industry, power industry, chemical industry, and others, which requires precise control of the fluid flow. However, factors such as high cost of electro hydraulic servo valve is expected to hamper the market growth during the forecast period.

The global electro hydraulic servo valve market is segmented into valve type, stage type, application, and region. On the basis of valve type, the market is segmented into nozzle flapper valve, jet pipe servo valve, and direct drive servo valve. Among which, nozzle flapper valve segment generated the largest revenue in 2019. Furthermore, on the basis of stage type, the global electro hydraulic servo valve market is segmented into single-stage servo valve, two-stage servo valve, and multi-stage servo valve. On the basis of application, the market is segmented into aerospace, steel industry, power industry, chemical industry, and others. On the basis of region, the global electro hydraulic servo valve market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America region accounted for the largest share in the global electro hydraulic servo valve market in 2019. Asia Pacific is expected to exhibit high CAGR over the forecast period.

The global electro hydraulic servo valve market is expected to witness significant growth during the forecast period (2021–2028) due to increasing adoption of electro hydraulic servo valves in industrial sector. Electro hydraulic servo valves are widely used valves in industrial applications and aerospace, as these are key components for closed loop electro hydraulic motion control systems. Due to its advantages such as high level of control precision, quick response time, light weight, and compact size, electro hydraulic servo valves (EHSV) are used in various fields such as astronavigation, aviation, navigation, and defense.

Moreover, electro hydraulic servo valve finds applications in wide range of industries such as steel industry, power industry, chemical industry, construction sector, and others. Electro hydraulic servo valves are used in high-precision systems employing high-power hydraulics controlled by low power (<200 mW) electronics. Closed-loop electro hydraulic servo systems are becoming more popular in machine automation, where the system requirements demand greater precision in electronic control. Electro hydraulic servo valves find applications in a process plant, power generation, and mining. The plastic manufacturing sector uses the power and precision of electro hydraulic servo valves for improving the quality of blow-molded and injection-molded parts. In the steel industry, the power of hydraulics is essential along with the precision of electronic control. Furthermore, electro hydraulic servo valves are also gaining wide acceptance in a variety of application areas such as material handling, oil and gas, and mobile equipment.

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Electro Hydraulic Servo Valve Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2020: US$ 1,898.2 Mn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2021 to 2028 CAGR: 3.3% 2027 Value Projection: US$ 2,462.8 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia & New Zealand , South Korea, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, and Rest of Africa
Segments covered:
  • By Valve Type: Nozzle Flapper Valve, Jet Pipe Servo Valve, and Direct Drive Servo Valve
  • By Stage Type: Single-stage Servo Valve, Two-stage Servo Valve, and Multi-stage Servo Valve 
  • By Application: Aerospace, Steel Industry, Power Industry, Chemical Industry, and Others
Companies covered:

Matrox Imaging Ltd., Omron Adept Technology, Inc., Toshiba Teli Corporation, Ltd., Cognex Corporation, ISRA VISION AG, Panasonic Corporation, Omron Microscan Systems Inc., Perceptron, Inc., Sharp Corporation, Edmund Optics, AMETEK, Inc., Teledyne Technologies, Keyence Corporation, Datalogic S.p.A., Sony Corporation, Basler AG, Vitronic GmbH, SICK AG, IMS Messsysteme GmbH, Industrial Vision Systems Ltd., Allied Vision Technologies, Baumer Group, and Dark Field Technologies

Growth Drivers:
  • Increasing adoption of electro hydraulic servo valves in industrial sector
  • Rising demand for nozzle flapper electro hydraulic servo valves
Restraints & Challenges:
  • High cost of electro hydraulic servo valves

The major factor restraining growth of the global electro hydraulic servo valve market is high cost of electro hydraulic servo valves. Electro hydraulic servo valves provide excellent accuracy and greater precision in electronic control, however these valves are of high cost. In addition, electro hydraulic servo valves require pilot-filter which is supplied by the manufacturer, which can become contaminated and require costly maintenance. This is one of the primary factors which is hampering growth of the electro hydraulic servo valves market.

Additionally, proportional valves provide a cost-effective alternative to conventional nozzle-flapper electro hydraulic servo valves. Proportional valves benefit from a simpler mechanical design that costs less to manufacture, while utilizing on-board integrated electronics and feedback to achieve servo-quality spool control performance.  Therefore, the availability of cost-effective alternative to electro hydraulic servo valves is expected to hamper the market growth during the forecast period.

Global Electro Hydraulic Servo Valve Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted almost all the industries including, aerospace, chemical, automotive, manufacturing, wind energy, and others. To combat COVID-19 pandemic, most of the countries had implemented lockdown and are now easing it phase-wise and industry wise. This has significantly impacted manufacturing sector as the facilities across the globe were temporarily shut down.

COVID-19 has turned into a global crisis and it has a significant impact on the supply-side as well as the demand side of the electro hydraulic servo valve market. Companies need to evaluate impacts on three fronts: supply chain, market demand, and workforce.

Companies offering electro hydraulic servo valve are experiencing disruption in production and low demand due to lack of availability of workers. The coronavirus pandemic has reduced commercial air travel significantly. The COVID-19 crisis has disrupted entire tier structure of the aerospace supply chain. The outbreak of COVID-19 has led to flight cancellations, travel bans, and massive slowdown in the supply chain activity. Demand for spare parts of aircraft is also down since less maintenance is required currently. Therefore, it is estimated to have negative impact on the growth of the global electro hydraulic servo valve market as the aerospace industry is a key end-use industry of electro hydraulic servo valves.

North America held dominant position in the global electro hydraulic servo valve market in 2020

Statistics:

North America held dominant position in the global electro hydraulic servo valve market in 2020, accounting for 33.8% share in terms of value, followed by Europe and Asia-Pacific.

Figure 1: Global Electro Hydraulic Servo Valve Market Share (%), By Region, 2020

Electro Hydraulic Servo Valve  | Coherent Market Insights

North America is expected to account for the largest market share during the forecast period, owing to adoption of advanced technology along with rising usage of electro hydraulic servo valves in various industries such as aerospace, power industry, steel industry, etc. For instance, PARKER HANNIFIN CORP, a U.S.-based company specializing in motion and control technologies, offers SE05, SE10, and SE15 series two stage, 4-way, nozzle flapper style servo valves for applications in various industries such as defense, entertainment, automation, factory automation, lumber & wood, miscellaneous industrial, miscellaneous manufacturing, miscellaneous processing, and power generation

Aerospace segment is expected to drive the market growth during the forecast period

Among application, the aerospace segment is expected to hold dominant position in the global electro hydraulic servo valve market during the forecast period. According to the CMI analysis, electro hydraulic servo valve market has the most promising sales prospects in the aerospace industry owing to the various applications of electro hydraulic servo valves in aviation industry such as precise control of position, velocity, pressure, and force in an aircraft.

Jet pipe electro hydraulic servo valve and nozzle flapper electro hydraulic servo valve are two kinds of servo valves which are the most used in the air-force and aviation industry. Nozzle flapper electro hydraulic servo valves are mainly used in aerospace applications such as turbine engine controls, military flight controls, hydraulic utilities, and braking applications. For instance, Parker Hannifin Corp offers Jet pipe electro hydraulic servo valve for flight control systems for commercial passenger planes and military fighter aircrafts.

Figure 2: Global Electro Hydraulic Servo Valve Market Value (US$ Mn) Analysis and Forecast, 2017 - 2028

Electro Hydraulic Servo Valve  | Coherent Market Insights

The global electro hydraulic servo valve market was valued at US$ 1,898.2 Mn in 2020 and is expected to reach US$ 2,462.8 Mn by 2028 at a CAGR of 3.3% between 2021 and 2028.

Major players operating in the global electro hydraulic servo valve market include Moog, Inc., EMG Automation GmbH, Honeywell, Bosch Rexroth, Voith, Parker Hannifin, Aviation industry Nanjing Servocontrol Limited company, Woodward, Inc., Eaton Corporation, Schneider Kreuznach, Star Hydraulics Limited, Oilgear, YUKEN KOGYO CO., LTD, and Duplomatic Motion Solutions

The electro hydraulic servo valve systems is an important part of servo control systems, which helps to control the flow of valve. The device uses closed loop system, which provides precise control over the output. The servo valve system is ued in various application including aerospace, steel industry, power industry, chemical industry, and others.

Market Dynamics

The global electro hydraulic servo valve market is expected to grow significantly during the forecast period. With the rapid advancements in technologies and capabilities of automated control systems, electro hydraulic servo valve manufacturers are currently prioritizing R&D activities for product differentiation. For instance, Moog Inc.’ engineers employ new materials, designs, and manufacturing process to maximize servo valve life expectancy. Moog Inc. offers hydraulic servo valves that includes design advantages such as a disc filter, square body, single piece flapper/wire and a carbide ball that replaced the traditional steel material.

Growth in mining and oil & gas industry will boost various opportunities that will lead to the growth of electro hydraulic servo valve market during the forecast period. For instance, according to CMI’ analysis in 2018, China (including the Chinese government and private companies) invested around US$ 80 billion in the Middle East oil and gas projects to support its The Belt and Road Initiative. Additionally, long-term supply agreements with oil field and mining companies will provide growth opportunities for the market players.

Furthermore, key players in the market are tapping into opportunities in ongoing projects of natural gas exploration and transportation pipelines, coupled with upcoming mining projects in fast-developing markets of China, India, Brazil, and South Africa. For instance, in 2013, Emerson Valve Technologies was awarded contract by Chevron Australia Pty Ltd, which was valued at US$ 67 million to provide hydraulic control valves and valve actuators to help ensure the efficient and safe flow of natural gas at Australia-based Gorgon Project, one of the world’s largest natural gas projects.

Key features of the study:

  • This report provides in-depth analysis of global electro hydraulic servo valve market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
  • It profiles leading players in the global electro hydraulic servo valve market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study include Moog, Inc., EMG Automation GmbH, Honeywell, Bosch Rexroth, Voith, Parker Hannifin, Aviation industry Nanjing Servocontrol Limited company, Woodward, Inc., Eaton Corporation, Schneider Kreuznach, Star Hydraulics Limited, Oilgear, YUKEN KOGYO CO., LTD, and Duplomatic Motion Solutions
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The global electro hydraulic servo valve market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electro hydraulic servo valve market

Detailed Segmentation

  • Global Surface Vision And Inspection Market, By Valve Type
    • Nozzle Flapper Valve
    • Jet Pipe Servo Valve
    • Direct Drive Servo Valve
  • Global Surface Vision And Inspection Market, By Stage Type
    • Single-stage Servo Valve
    • Two-stage Servo Valve
    • Multi-stage Servo Valve
  • Global Surface Vision And Inspection Market, By Application
    • Aerospace
    • Steel Industry
    • Power Industry
    • Chemical Industry
    • Others
  • Global Electro Hydraulic Servo Valve Market, By Region:
    • North America
      • By Valve Type
        • Nozzle Flapper Valve
        • Jet Pipe Servo Valve
        • Direct Drive Servo Valve
      • By Stage Type
        • Single-stage Servo Valve
        • Two-stage Servo Valve
        • Multi-stage Servo Valve
      • By Application
        • Aerospace
        • Steel Industry
        • Power Industry
        • Chemical Industry
        • Others
      • By Country:
        • U.S.
        • Canada
    • Asia Pacific
      • By Valve Type
        • Nozzle Flapper Valve
        • Jet Pipe Servo Valve
        • Direct Drive Servo Valve
      • By Stage Type
        • Single-stage Servo Valve
        • Two-stage Servo Valve
        • Multi-stage Servo Valve
      • By Application
        • Aerospace
        • Steel Industry
        • Power Industry
        • Chemical Industry
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia & New Zealand
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • By Valve Type
        • Nozzle Flapper Valve
        • Jet Pipe Servo Valve
        • Direct Drive Servo Valve
      • By Stage Type
        • Single-stage Servo Valve
        • Two-stage Servo Valve
        • Multi-stage Servo Valve
      • By Application
        • Aerospace
        • Steel Industry
        • Power Industry
        • Chemical Industry
        • Others
      • By Country:
        • Germany
        • Italy
        • U.K.
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Latin America
      • By Valve Type
        • Nozzle Flapper Valve
        • Jet Pipe Servo Valve
        • Direct Drive Servo Valve
      • By Stage Type
        • Single-stage Servo Valve
        • Two-stage Servo Valve
        • Multi-stage Servo Valve
      • By Application
        • Aerospace
        • Steel Industry
        • Power Industry
        • Chemical Industry
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Valve Type
        • Nozzle Flapper Valve
        • Jet Pipe Servo Valve
        • Direct Drive Servo Valve
      • By Stage Type
        • Single-stage Servo Valve
        • Two-stage Servo Valve
        • Multi-stage Servo Valve
      • By Application
        • Aerospace
        • Steel Industry
        • Power Industry
        • Chemical Industry
        • Others
      • By Country/Region:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Valve Type
        • Nozzle Flapper Valve
        • Jet Pipe Servo Valve
        • Direct Drive Servo Valve
      • By Stage Type
        • Single-stage Servo Valve
        • Two-stage Servo Valve
        • Multi-stage Servo Valve
      • By Application
        • Aerospace
        • Steel Industry
        • Power Industry
        • Chemical Industry
        • Others
      • By Country/Region:
        • South Africa
        • Rest of Africa
  • Company Profiles
    • Moog, Inc.*
      • Company Overview
      • Product Portfolio and Specifications
      • Financial Performance
      • Strategic Overview
      • Recent Developments/Updates
    • EMG Automation GmbH
    • Honeywell
    • Bosch Rexroth
    • Voith
    • Parker Hannifin
    • Aviation industry Nanjing Servocontrol Limited company
    • Woodward, Inc.
    • Eaton Corporation
    • Schneider Kreuznach
    • Star Hydraulics Limited
    • Oilgear
    • YUKEN KOGYO CO., LTD
    • Duplomatic Motion Solutions

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Valve Type
      • Market Snippet, By Stage Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New Product Launch/Approvals
    • Value Chain Analysis
    • Porter’s Analysis
    • PEST Analysis
    • Impact of COVID-19 Pandemic
  4. Global Electro Hydraulic Servo Valve Market, By Valve Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • Nozzle Flapper Valve
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Jet Pipe Servo Valve
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Direct Drive Servo Valve
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
  5. Global Electro Hydraulic Servo Valve Market, By Stage Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • Single-stage Servo Valve
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Two-stage Servo Valve
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Multi-stage Servo Valve
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
  6. Global Electro Hydraulic Servo Valve Market, By Application, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • Aerospace
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Steel Industry
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Power Industry
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Chemical Industry
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Million)
  7. Global Electro Hydraulic Servo Valve Market, By Region, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Valve Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Stage Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Valve Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Stage Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Valve Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Stage Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028 (%)
        • China
        • India
        • Japan
        • Australia & New Zealand
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Valve Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Stage Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2028 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Valve Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Stage Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country/Region, 2020 and 2028 (%)
        • GCC Countries
        • Israel
        • Rest of the Middle East
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Valve Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Stage Type, 2017–2028 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Million)
      • Market Share Analysis, By Country/Region, 2020 and 2028 (%)
        • South Africa
        • Rest of Africa
  8. Competitive Landscape
    • Company Profiles
      • Moog, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EMG Automation GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Honeywell
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bosch Rexroth
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Voith
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Parker Hannifin
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Aviation industry Nanjing Servocontrol Limited company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Woodward, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Eaton Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Schneider Kreuznach
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Star Hydraulics Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Oilgear
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • YUKEN KOGYO CO., LTD
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Duplomatic Motion Solutions
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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Frequently Asked Questions

The global electro hydraulic servo valve market is expected to reach US$ 2,462.8 million by 2028.
The market is expected to witness a CAGR of 3.3% during the forecast period (2021-2028).
Increasing adoption of electro hydraulic servo valves in industrial sector and rising demand for nozzle flapper electro hydraulic servo valves are expected to boost growth of the market
The aerospace segment held the largest market share among industry verticals, contributing 39.4% in terms of value in 2020.
North America region held the largest share in the market in 2020, accounting for 33.8% share in terms of value.
Key players operating in the market include Matrox Imaging Ltd., Omron Adept Technology, Inc., Toshiba Teli Corporation, Ltd., Cognex Corporation, ISRA VISION AG, Panasonic Corporation, Omron Microscan Systems Inc., Perceptron, Inc., Sharp Corporation, Edmund Optics, AMETEK, Inc., Teledyne Technologies, Keyence Corporation, Datalogic S.p.A., Sony Corporation, Basler AG, Vitronic GmbH, SICK AG, IMS Messsysteme GmbH, Industrial Vision Systems Ltd., Allied Vision Technologies, Baumer Group, and Dark Field Technologies.
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