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Control Valve Market Growth, Future Prospects and Competitive Analysis 2019
Posted: Feb 07, 2019
Market Scenario:
Control valves are used by various industrial sectors which include oil & gas, waste water management, automotive, pharmaceuticals, chemical and others in order to control temperature, flow, and pressure by received signals from the controllers. Control valves regulate the rate of fluid flow to maintain a process variable. Currently, oil & gas and power generation industry is showing highest demand for control valves as it has ability to control flowing fluid such as gas, stream, water and chemical compound, to reimburse load disturbance and thereby keep the regulated process close to the desired set point.
Among its various types, globe valves are generally used for controlling. The end part of its structure usually edged for easy maintenance. Also, the control disk can be moved by hydraulic, pneumatic, electrical or mechanical actuators.
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The major factor that drives the growth of control valve market is growing investment in fluid handling system, increasing need of automation and rising industrial infrastructure projects among others. The major restraint of the control valve market is the lack of technical expertise among instrument engineers.
Globally the market for Control Valve market is expected to grow at the rate of more than ~6% from 2016 to 2022.
Key Players
Some of the major players in Global Control Valve Market includes Burkert Fluid Control Systems (Germany), Crane Co. (U.S.), Velan, Inc. (Canada), Pentair Limited (UK), Flowserve Corporation (U.S.), Dual Products Intl. Cc (South Africa), Metso Corporation (Finland), Samson AG (Germany), MIL Control Limited (India), and IMI Plc. (UK) among others.
Regional Analysis of Control Valve Market:
North America is dominating the global control valve market with the largest market share due to presence of high-tech R&D sector in the region to provide extensive control valve automation solution to the industry. Therefore is expected to grow with highest revenue by 2022 followed by Europe. Asia-Pacific is the fastest growing region during the forecast period due to growing investment by emerging economies such as China and India.
Segments for Control Valve Market:
Global Control Valve Market can be segmented as follows:
- Segmentation by Types: ball valve, butterfly valve, cryogenic valve, and globe valve among others
- Segmentation by Components: positioners, switches, transducers, actuators, PC diagnostic software, and pneumatic lock up systems among others.
- Segmentation by End-Users: Oil & gas, chemicals, food & beverage, automotive, metal & mining and pharmaceuticals among others.
Target Audience:
- OEM manufacturers
- Automotive industries
- Distributors & Suppliers
- Research organizations
- Government
- Oil& gas and mining sectors
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Table of Contents:
LIST OF TABLES
TABLE 1 GLOBAL CONTROL VALVEMARKET, BY TYPE
TABLE 2 GLOBAL CONTROL VALVEMARKET, BY COMPONENT
TABLE 3 GLOBAL CONTROL VALVEMARKET, BY END-USER
TABLE 4 GLOBAL CONTROL VALVEMARKET, BY REGIONS
TABLE 5 NORTH AMERICA CONTROL VALVEMARKET, BY TYPE
TABLE 6 NORTH AMERICA CONTROL VALVEMARKET, BY COMPONENTS
TABLE 7 NORTH AMERICA CONTROL VALVEMARKET, BY END-USER
TABLE 8 U.S. CONTROL VALVEMARKET, BY TYPE
TABLE 9 U.S. CONTROL VALVEMARKET, BY COMPONENT
TABLE 10 U.S. CONTROL VALVEMARKET, BY END-USER
TABLE 11 CANADA CONTROL VALVEMARKET, BY TYPE
TABLE 12 CANADA CONTROL VALVEMARKET, BY COMPONENT
TABLE 13 CANADA CONTROL VALVEMARKET, BY END-USER
TABLE 14 EUROPE CONTROL VALVEMARKET, BY COUNTRY
TABLE 15 EUROPE CONTROL VALVEMARKET, BY TYPE
TABLE 16 EUROPE CONTROL VALVEMARKET, BY COMPONENT
TABLE 17 EUROPE CONTROL VALVEMARKET, BY END-USER
TABLE 18 GERMANY CONTROL VALVEMARKET, BY TYPE
TABLE 19 GERMANY CONTROL VALVEMARKET, BY COMPONENT
TABLE 20 GERMANY CONTROL VALVEMARKET, BY END-USER
TABLE 21 FRANCE CONTROL VALVEMARKET, BY TYPE
TABLE 22 FRANCE CONTROL VALVEMARKET, BY COMPONENT
TABLE 23 FRANCE CONTROL VALVEMARKET, BY END-USER
TABLE 24 U.K. CONTROL VALVEMARKET, BY TYPE
TABLE 25 U.K. CONTROL VALVEMARKET, BY COMPONENT
TABLE 26 U.K. CONTROL VALVEMARKET, BY END-USER
TABLE 27 REST OF EUROPE CONTROL VALVEMARKET, BY TYPE
Continued…
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Ma