Control Valve Market Forecast 2020 – 2027 – Top Key Players Analysis


Posted October 27, 2020 by shaqibakram

The increasing usage of 3D printing in the manufacturing of valves, rising adoption of IIoT and industry 4.0, growing need for valve replacement, followed by increasing adoption of smartphones....

 
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Control Valve Market:

The significant drivers contributing to the growth of the global control valve market include the rising demand for energy in the Asia-pacific region, growing adoption of valves among oil & gas related companies in GCC countries, the increasing requirement for connected networks to manage and maintain various types of equipment in plants, along with the rising focus on established new nuclear power plants and upscaling of existing plants. Growing industrial automation is further surging the usage of smart control valves.

The increasing usage of 3D printing in the manufacturing of valves, rising adoption of IIoT and industry 4.0, growing need for valve replacement, followed by increasing adoption of smartphones, are some other factors boosting the growth of the market in the upcoming years. Furthermore, the rising focus of valve manufacturers to deliver improved customer service is creating new growth opportunities in the market. On the other hand, the high cost of fabrication and unplanned downtime due to malfunctioning or failure of valves are the key factors restraining the growth of the market.

This report splits the Control Valve Market as follows:

By Material:

Stainless Steel
Cast Iron
Alloy Based
Cryogenic
Others
By Component:

Actuators
Valve Body
Others
By Size:

Up to 1”
>1” to 6”
>6” to 25”
>25” to 50”
>50”
By Type:

Rotary Valves
o Ball Valves

o Butterfly Valves

o Plug Valve

Linear Valves
o Global Valves

o Diaphragm Valves

o Other Valves

By Industry:

Oil & Gas
Water & Wastewater Treatment
Energy & Power
Pharmaceuticals and Healthcare
Food & Beverages
Chemicals
Building & Construction
Pulp & Paper
Metals & Mining
Others
By Region:

North America
o United States of America

o Canada



Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The control valve market report also scans the competitive landscape and profiles the major players operating in the market including IMI plc, Christian Bürkert GmbH & Co. KG, Crane Company, Emerson Electric Co., Flowserve Corporation, Curtiss-Wright Corporation, Trillium Flow Technologies (Weir Flow Control), Kitz Corporation, Cameron International Corporation, and Spirax-Sarco Engineering plc, among others.

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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Tags control valve market , gmiresearch
Last Updated October 27, 2020