Control Valves - Global Market Outlook (2017-2023)
NEW YORK, Aug. 31, 2017 /PRNewswire/ -- According to Stratistics MRC, the global Control Valves market is expected to grow from $7.19 billion in 2016 to reach $11.24 billion by 2023 with a CAGR of 6.5%. Control valves are used in various end-user industries to control various process variables which include temperature, flow, pressure, and fluid level. They play a significant role in safety, efficiency and profitability across several industries. The growth of the market is propelled by increasing interest on plant automation, growing number of industrial infrastructure projects in developing countries and rising investments across various industrial verticals. On the contrary, huge capital investments among valves projects and lack of familiar platforms for profibus, zigbee and ethernet are some restraints hampering the market.
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Based on component, actuators is expected to account for the largest market share owing to increasing demand for control valves from various verticals such as energy & power, chemicals, oil & gas and other industries. Depending on geography, Asia Pacific region is anticipated to witness maximum growth attribute to growth in hydrocarbon capital investments spending among emerging economies such as China and India.
Some of the key players in global Control Valves market include General Electric Co., Samson AG, The Electric Co., Metso Corporation, Armstrong International, Inc., Cameron International Corporation, SVF Flow Controls Inc., Swagelok Co., CIRCOR International, Inc., Pentair Plc, Crane Co., Burkert Fluid Control System, Flowserve Corporation, Velan Inc. and Christian Burkert GmbH & Co. KG.
End Users Covered:
-- Automotives
-- Energy & Power
-- Chemicals
-- Food & Beverages
-- Mining
-- Pharmaceuticals
-- Water & Waste-water
-- Building & Construction
-- Oil & Gas
-- Other End Users
Components Covered:
-- Actuators
-- Valve Body
-- Other Components
Actuation Technologies Covered:
-- Electric Control Valves
-- Pneumatic Control Valves
-- Manual Control Valves
-- Hydraulic Control Valves
Products Covered:
-- Sliding Shaft Control Valves
-- Rotating Shaft Control Valves
-- Cryogenic Control Valves
-- Other Products
Leakages Covered:
-- Valve Leakage
-- Seat Leakage
Sizes Covered:
-- Up to 1"
-- 1"-6"
-- 6"-25"
-- 25" -50"
-- 50" & Above
Regions Covered:
-- North America
o US
o Canada
o Mexico
-- Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
-- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
-- South America
o Argentina
o Brazil
o Chile
o Rest of South America
-- Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Read the full report: https://www.reportlinker.com/p05088949
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