Control Valves In-Depth Industrial studies with Latest and Advance Market Trends, - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2024
Control Valves |
Albany, New York, Mar 23, 2017
"Control
Valves Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2017 - 2024"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
– Control
Valves Market: Trends and Opportunities
Control valves are types of valves which are used
to control conditions such as temperature, flow, liquid level and
pressure by fully or partially closing or opening in response to the
signals received from the controllers. Control valves are used in
various industries such as oil and gas, wastewater management,
automotive, pharmaceuticals, mining, chemicals, and food and
beverages, among others. In terms of product type, the control valves
market has been segmented into manual control valves, pneumatic
control valves, hydraulic control valves and electric control valves.
The market for control valves is primarily driven by the increase in
energy consumption, coupled with increasing demand from process
industries such as oil and gas.
The
market for control valves is primarily driven by oil and gas industry
due to their application throughout upstream, midstream and
downstream activities. While demand for oil and gas products is
increasing at significant rates, supply for the same industry is
dwindling due to the global decrease in oil and gas reserves.
Moreover, increasing application of control valves in the food and
beverage industry is one of the major driving factors for the growth
of the control valves market. In the food and beverages industry,
control valves are used in verticals such as the dairy industry, oils
and fats industry, and animal feed industry.
As per recent trends, it has been observed that
there has been increasing demand for control valves from industries
such as pharmaceuticals, power generation, and food and beverages.
There has been increasing emphasis on designing and manufacturing
control valves that do not need periodic maintenance. Due to recent
developments in the area of electric control valves, demand for the
same has increased drastically in the recent past. Electric control
valves are more efficient and enable a greater level of control as
compared to the other types of valves. Furthermore, it has also been
observed that low cost control valves being produced by the Asian
companies are penetrating existing control valves markets for
established big players such as Metso, Flowserve and Velan among
others. As the regulations regarding environment pollution are
expected to become stringent, the demand for control valves that have
low environmental impact is expected to be high in the near future.
– Control Valves Market: Segmentation
The report segments the market on the basis of
geography into North America, Europe, Asia-Pacific (APAC), and Rest
of the World (RoW), estimated in terms of revenue (USD billion). The
report also segments the market based on actuation technology into
manual control valves, pneumatic control valves, hydraulic control
valves and electric control valves. Based on type, the control valves
market is further segmented into ball valve, butterfly valve,
cryogenic valve, globe valve and others. Moreover the global control
valves market has been further segmented by end user industry, which
includes: power generation, chemical, oil and gas, food &
beverage, pharmaceuticals, automotive, wastewater management and
others. All these segments have also been estimated in terms of
revenue (USD billion) and volume (Million Units).
– Control Valves Market: Scope of the
Study
For a better understanding of the control valves
market, we have given detailed Porter’s five forces analysis.
Furthermore, the study also comprises a market attractiveness
analysis, where the end user industries are benchmarked based on
their market size, growth rate and general attractiveness.
The report provides company market share analysis
of various industry participants. In addition, the key players in the
control valves market have also been profiled. The company profiles
highlight the company overview, financial overview, business
strategies, and recent developments in the field of control valves.
Some of the leading players in the control valves market are
Flowserve Corporation (U.S.), Pentair PLC (U.K.),Emerson Electric Co.
(U.S.), General Electric (U.S.), Samson AG (Germany), and Crane &
Co. (U.S.), VelanInc (Canada), Metso Corporation (Finland), and
IMI Plc (U.K.) among others.
– Control Valves Market: By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- Italy
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Rest of the World
- South America
- Middle East & Africa
– Control Valves Market: By Actuation
Technology
- Manual Control Valves
- Pneumatic Control Valves
- Hydraulic Control Valves
- Electric Control Valves
– Control Valves Market: By Type
- Ball Valve
- Butterfly Valve
- Cryogenic Valve
- Globe Valve
– Control Valves Market: By End User
Industry
- Power Generation
- Oil and Gas
- Chemicals
- Food & Beverages
- Pharmaceuticals
- Automotive
- Wastewater Management
- Others
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