This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy

Hydraulic Valves Market

Hydraulic Valves Market

Hydraulic Valves Market By Type (Directional Control Valves, Pressure Control Valves, Flow Control Valves), By End-Use (Construction Machinery, Agriculture Machinery, Material Handling, Automotive, Oil & Gas), By Flow Rate, By Operation, By Region - Global Mraket Forecast 2020-2029

Hydraulic Valves Market
  • Mar-2022
  • List of Tables : 162
  • List of Figures : 185
  • 170 Pages
  • Industrial Goods

Construction Sector Estimated to Capture Major Chunk of Hydraulic Valve Demand Pie

Hydraulic valves are used in construction machinery for obtaining desired functional performance. Excavators, loaders, graders, and dump trucks rely heavily on hydraulics valves for their operations. With the growth of the construction industry predominantly driven by the development of large-scale infrastructure projects, is expected to drive the construction machinery demand.

Hydraulic valves used in construction machinery operate in extremely tough conditions with pressure upto 350 bar and above. With soaring demand for construction machinery, the demand for hydraulic valves will also receive an uptick

The construction machinery end use vertical is estimated to create an absolute dollar opportunity worth ~US$ 550 Mn, and foreseen to cross the US$ 1.5 Bn mark by the end of the forecast period (2019-2029).

However, the automotive and power generation segment will see a profitable growth rate through the forecast period.

Avail customized purchase options for your needs

Automated Operation of Hydraulic Valves are Foreseen to Open up New Opportunities.

Automated operation segment dominates the market mainly because electronics are easier to implement and cost to performance ratio is high. Automated systems are also cost effective, require less maintenance, provide better stability and are more efficient as compared to manual systems.

The automated operations segment is foreseen to grow ~2X faster than the manual operation segment. Furthermore, the automated operation segment is estimated to account for over 55% in the overall absolute dollar opportunity created in the global hydraulic valves market over the forecast period.

An Adaptive Approach to Modern-day Research Needs

Sales of Flow Control Valves See an Upward Trend in Hydraulic Valves

The flow control valves are used for controlling and adjusting the fluid or gas flow through the system. Flow control valves monitor and regulate pressure fluctuations in the system.

The demand for oil & gas has been consistently on the rise, and will create the need for deeper drilled pipelines and lower production cost of oil & gas. The demand for drilled pipelines will create opportunities for flow control valves. The flow control valve segment is estimated to grow ~1.2X faster than the pressure control valve during the forecast period.

Hydraulic valve market forecast by Fact.MR

East Asia Remains in Forefront, Poised to grow ~1.3 Times Faster than Europe

An increase in construction activities and a rise in demand of power generation and automotive sector are key driving factors for the market especially in East and South Asia. The demand for construction machinery in South Asia is growing owing to an increase in infrastructural investments in the region which is further expected to reinforce the demand for hydraulic valves.

North America is estimated to create an absolute dollar opportunity worth US$ 800 Mn, over the course of forecast duration. In addition, owing to the optimistic outlook of automotive and construction sector in Europe, the region is forecasted to account for over 20% in the overall value opportunity created in the global hydraulic valves market.

Hydraulic valve market forecast by Fact.MR

New Product Development: Key Growth Influencer of Hydraulic Valves Market

Industry leaders are continuously focusing on launching enhanced hydraulic valves with more reliability and improved performance as per the demand of various end use verticals.

For instance, in December 2019, Sun Hydraulics launched a new FleX Series 3-way direct-acting, solenoid-operated directional blocking poppet valve. These new directional valves offer low leakage and they are used for load holding applications.

  • In June 2019, Bosch Rexroth, redeveloped 2WRCE-4X high response directional cartridge valves and achieve the required flow in the shortest actuating time. The valves are designed for robust applications in die casting machines to withstand temperatures upto 60 degree Celsius.
  • In October 2018, Eaton launched new ESLV9 screw-in cartridge valve (SiCV). ESLV9 provides compact solutions for advanced proportional control. SiCV valve can be used for both stationary and on/off highway equipment.

Interested to Procure The Data

Global Hydraulic Valves Market: Segmentation

Segmentation table of the global hydraulic valves market has been provided below on the basis of type, end-use, flow rate, operation and region.

  • By Type :

    • Directional Control Valves
    • Pressure Control Valves
    • Flow Control Valves
  • By End-Use :

    • Construction Machinery
    • Agriculture Machinery
    • Material Handling
    • Automotive
    • Oil & Gas
    • Power Generation
    • Metal & Mining
    • Others
  • By Flow Rate :

    • Below 50 L/min
    • 50-200 L/min
    • 201-500 L/min
    • 501-1000 L/min
    • Above 1000 L/min
  • By Operation :

    • Manual
    • Automated
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South East Asia
    • Oceania
    • Middle East and Africa

- FAQs -

Hydraulic Valves Market Is Set To Provide An Absolute $ Opportunity Of US$ 1.5 Bn Over The Forecast Period By 2029
North America, Western Europe, Asia-Pacific , Japan are the dominant countries in the global Hydraulic Valves Market

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Sandblast Valves Market

Sandblast Valves Market research report covers detailed information on Global Sandblast Valves Marke...

Refrigeration Valves Market

Refrigeration Valves Market research report covers detailed information on Global Refrigeration Valv...

Industrial Valves Market

The global industrial valves market is projected to witness sluggish growth at 3.3% and slated to cr...

Hemostasis Valves Market

Hemostasis Valves Market is expected to witness steady growth during the forecast period, 2021-2031....

- Our Clients -

Report Client