Global Industry Analysis on Industrial Valves - Size, Share, Growth, Trends and Forecast 2016 - 2023
"Industrial
Valves Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2023"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Industrial
valves are devices that control the flow and pressure of liquids and
gases within a system. Valves are used to control the flow of liquids
and gases in the piping systems and it should be checked consistently
to avoid any risks such as leakage and corrosion. On the other hand,
valves used in industries can be operated manually or automatically.
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Growth
of industrial valve market is driven by increasing demand in
industries such as oil and gas, wastewater and power among others.
The government of developing countries such as Brazil, India, and
China among others is investing heavily in pipeline infrastructure
development mainly in oil and gas sector, which is expected to drive
the installation of industrial valves over the forecasted period.
This result in higher demand of valves used in valve actuators
namely, electrically, hydraulically and pneumatically among others in
different industry verticals. Moreover, continuous generation of
power via existing and old power plant is also driving the demand for
industrial valves market in power sector.
Some of the major restraints for industrial valves
market are price war among vendors and strict government regulations
and policies in the market. The participation of cross-industry
vendors in the industrial valve market is also escalating the
competition among valve vendors. For instance, pump and filtration
vendors are offering valves along with the core valve vendors.
However, the companies would have to develop specialized products in
order to bring about product differentiation and produce higher
margin valves which will be less vulnerable to competition.
The main types of industrial valves includes are
ball, globe, gate, and butterfly valves among others Ball valves are
used in rotational motion to start, stop or throttling the flow of
fluids in the system. The industrial valves market can be further
segmented by end use industries such as oil and gas, chemical and
power among others. The growth in revenues of the industrial valve
market is observed with multiple factors such as increased sale of
industrial valves in building new infrastructure development and
utilities globally. In addition, repairs and renovation in the
existing infrastructure also drives the growth of industrial valve
market.
Some of the key players operating in the
industrial valves market are Pentair ltd, Flowserve Corporation,
Emerson Electric Co, FMC Technologies, Alfa Laval AB, L&T Valves
Ltd, IMI plc, Crane Co, AVK Group, Tyco International, Kitz Corp,
Circor International, Inc., Curtiss-Wright Corp. and Cameron
International Corporation among others.
– This research report analyzes this market on
the basis of its market segments, major geographies, and current
market trends. This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends
in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
– Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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