Precedence Research recently published a report on “Control Valves Market Size, Share and Growth Analysis (By Actuation Technology – Manual, Pneumatic, Hydraulic, Electric; By Type – Ball, Butterfly, Globe, Diaphragm, Others ; By Application – Power Generation, Oil and Gas, Chemical Industry, Pharmaceuticals, Water and Wastewater Management, Metals and Mining, Others) – Global Industry Analysis, Trends, Regional Outlook, and Forecast 2021 – 2027”. Amid the COVID-19 crisis, The global control valves market size is projected to reach USD 12 billion by 2027, at a CAGR of 9.71% from 2021 – 2027.
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2027. This research report evaluates control valves market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global control valves market for the period from 2016 to 2027. This research study offers historic data for years 2017 to 2019 along with a forecast from 2021 to 2027 based on value.
Pace of growth will improve as more industries showcase demand for integration of intelligence solutions. Smart solutions will remain top choice as industries focus on addressing challenges posed by environment, economy, and competition.
Increasing emphasis on renewable energy projects and expansion of solar thermal energy plants will present ample scope for control valve sales. Against this backdrop, the U.S. has been identified as a highly lucrative pocket for the market.
The control valves market in the U.S. is expected to top US$ 1.2 Bn in 2021 and it is expected to remain at the forefront of opportunities existing in the North America market. Backed by a strong energy infrastructure, demand for control valves will rise at a high pace in the U.S.
Shale gas revolution and focus on deriving energy on renewable sources will buoy investment in America’s energy sector. This will in turn create opportunities for sale of control valves in the country.
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Scope of the Study
This control valves market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Oil and Gas Industry to Continue Exhibiting High Demand
The oil and gas industry will continue accounting for maximum sales of control valves through the forecast period. Rising energy demand and expansion of infrastructure in GCC countries will continue supporting sales.
Control valves are imperative for regulating and controlling the flow of gases such as natural gas, liquid petroleum, and oxygen among others within the industry. These components also are used to prevent backflow and to isolate and protect equipment.
Considering their applications, expansion of the oil and gas industry will have a positive impact on the control valves market. As per the study, sales of control valves in the oil and gas sector is expected to total US$ 2 Bn by 2027.
Precedence Research’s latest study offers exclusive insights into the control valves market. This market survey is intended at exploring opportunities existing in the market. The global control valves market study also covers information on prevailing trends affecting growth of the market.
Some of the key highlights from the report are:
COVID-19 Impact on Control Valves Market
Since the onset of COVID-19, healthcare and pharmaceutical sectors have been at the forefront of combating the virus. Control valves are among key components that go into manufacturing of medical devices used in the production of vaccines and medications. In the global scheme of things, demand from pharmaceutical and healthcare sector will have positive impact on the control valves market.
Research and development activities undertaken to introduce automation also will create growth opportunities. Solenoid valves, more often sold in the pharmaceutical industry, will therefore gain from accelerating sales.
Besides these, the pharmaceuticals industry is predicted to register demand for more sophisticated fluid handling systems such as liquid soap dispensers or automatic sanitizers, which will push the demand for improved valve technologies.
Key Players:
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the control valves market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the control valves market include
Emerson Electric Co.; Flowserve Corporation; IMI plc; Alfa Laval AB; AVK Holding A/S; Eaton; Honeywell International, Inc.; Velan; Inc., Burkert Fluid Control System; and Valvitalia SpA. Besides aforementioned strategies, investment in research and development is expected to remain pivotal for gaining competitive advantage.
Market Segmentation
By Actuation Technology
By Type
By Application
By Region
Key Takeaways
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Control Valves Market, By Product
7.1. Control Valves Market, by Product Type, 2021-2027
7.1.1. Ball Valve
7.1.1.1. Market Revenue and Forecast (2017-2027)
7.1.2. Butterfly Valve
7.1.2.1. Market Revenue and Forecast (2017-2027)
7.1.3. Cryogenic Valve
7.1.3.1. Market Revenue and Forecast (2017-2027)
7.1.4. Globe Valve
7.1.4.1. Market Revenue and Forecast (2017-2027)
7.1.5. Others
7.1.5.1. Market Revenue and Forecast (2017-2027)
Chapter 8. Global Control Valves Market, By Application
8.1. Control Valves Market, by Application, 2021-2027
8.1.1. Power Generation
8.1.1.1. Market Revenue and Forecast (2017-2027)
8.1.2. Oil and Gas
8.1.2.1. Market Revenue and Forecast (2017-2027)
8.1.3. Chemical Industry
8.1.3.1. Market Revenue and Forecast (2017-2027)
8.1.4. Food & Beverages
8.1.4.1. Market Revenue and Forecast (2017-2027)
8.1.5. Automotive
8.1.5.1. Market Revenue and Forecast (2017-2027)
8.1.6. Pharmaceuticals
8.1.6.1. Market Revenue and Forecast (2017-2027)
8.1.7. Wastewater Management
8.1.7.1. Market Revenue and Forecast (2017-2027)
8.1.8. Others
8.1.8.1. Market Revenue and Forecast (2017-2027)
Chapter 9. Global Control Valves Market, By Actuation Technology
9.1. Control Valves Market, by Actuation Technology, 2021-2027
9.1.1. Manual Control Valve
9.1.1.1. Market Revenue and Forecast (2017-2027)
9.1.2. Pneumatic Control Valve
9.1.2.1. Market Revenue and Forecast (2017-2027)
9.1.3. Hydraulic Control Valve
9.1.3.1. Market Revenue and Forecast (2017-2027)
9.1.4. Electric Control Valve
9.1.4.1. Market Revenue and Forecast (2017-2027)
Chapter 10. Global Control Valves Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2017-2027)
10.1.2. Market Revenue and Forecast, by Application (2017-2027)
10.1.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2017-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2017-2027)
10.1.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2017-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2017-2027)
10.1.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2017-2027)
10.2.2. Market Revenue and Forecast, by Application (2017-2027)
10.2.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2017-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2017-2027)
10.2.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2017-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2017-2027)
10.2.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2017-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2017-2027)
10.2.6.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2017-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2017-2027)
10.2.7.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2017-2027)
10.3.2. Market Revenue and Forecast, by Application (2017-2027)
10.3.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2017-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2017-2027)
10.3.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2017-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2017-2027)
10.3.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2017-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2017-2027)
10.3.6.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2017-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2017-2027)
10.3.7.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2017-2027)
10.4.2. Market Revenue and Forecast, by Application (2017-2027)
10.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2017-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2017-2027)
10.4.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2017-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2017-2027)
10.4.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2017-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2017-2027)
10.4.6.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2017-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2017-2027)
10.4.7.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2017-2027)
10.5.2. Market Revenue and Forecast, by Application (2017-2027)
10.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2017-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2017-2027)
10.5.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2017-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2017-2027)
10.5.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)
Chapter 11. Company Profiles
11.1. Honeywell International Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Emerson Electric Co.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. KITZ Corporation
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Bürkert Fluid Control Systems
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Schlumberger Limited
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Flowserve Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. AVK Holding A/S
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Rotork Plc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. General Electric Company
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Goodwin International Ltd
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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