Control Valve Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026

Published on : Feb-2018 | List of Tables : 146 | List of Figures : 108 | No. of Pages : 170 | Report Code : FACT439MR |

Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.

global control valve market

According to Fact.MR’s recent forecast study, the global market for control valves is expected to incur a steady expansion during the forecast period, 2017-2026. The report estimates that the global control valve market will register a 5.5% CAGR in terms of value over the forecast period. By the end of 2026, more than 18,334 thousand units of control valves are expected to be sold across the globe.

Market Taxonomy

Region

Actuation Technology

Valve Type

Application

North America

Manual Control Valve

Ball Valve

Metal & Mining

Latin America

Pneumatic Control Valve

Butterfly Valve

Pulp & Paper

Europe

Hydraulic Control Valve

Globe Valve

Power Generation

Japan

Electric Control Valve

Plug Valve

Oil and Gas

APEJ

 

Other Control Valve

Chemicals

MEA

   

Food and Beverages

     

Automotive

     

Pharmaceuticals

     

Water and Wastewater Management

     

Other Applications

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Adoption of Pneumatic Control Valve Actuation Technology to Remain Predominant

Through 2026, majority of control valves being sold in the global market will be developed on pneumatic control valve actuation technology. Effectiveness of pneumatic actuation technology in regulating system pressure and directing the pressure flow systematically continues to drive the sales of these control valves. In 2017, more than 3,650 thousand units of control valves were sold across the globe. The report further reveals that increasing sales of EVs and hybrid electric vehicle will drive the adoption of control valves developed on electric actuation technology. Over the forecast period, electric control valves are estimated to register highest CAGR of 6.6% in terms of volume.

By 2026-end, around 5,000 Thousand Units of Ball Valves are Expected to be Sold Globally

The report has forecasted that ball valves will represent top-selling control valve in the global landscape. The adoption of ball valves remains predominantly high in the industrial marketplace for their efficiency in working at non-lubricated conditions and maintaining the regularization of high pressures and high temperature flows. On the other hand, butterfly valve and globe valve will witness a surging demand, reflecting a volume CAGRs of 6% and above respectively over the forecast period. The report also reveals that control valves will find the most lucrative applications in the oil & gas industry. By 2026-end, nearly one-fourth of global control valve market volumes will be accounted by the oil & gas applications of control valves.

Competition Tracking

Leading manufacturers of control valves have been extensively profiled in this report. Companies namely, Emerson Electric Co., Schlumberger Limited, Honeywell International Inc., General Electric Company, Goodwin International Ltd., Flowserve Corp, Metso Plc, Dresser Inc., Burkert Fluid Control Systems, Crane Co., Velan, Inc., Pentair Limited, Dual Products Intl. Cc, Samson AG, MIL Control Limited, IMI Plc., Curtiss-Wright, Neway Valves, and Spirax Sarco, among others, are recognized as the leading players in the global control valve market. These companies are expected to instrument the global production of control valve through 2026.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Increasing importance of having a direct control over flow rate in industrial processes continues to drive the demand for components such as control valve. Manufacturers are developing advanced control valves, equipping them with smart technologies and sensors that can facilitate highly accurate measurement across multiple parameters such as liquid levels, pressure and temperature. This report, compiled by Fact.MR, provides in-depth analysis of the global control valves market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.

Scope:

The scope of the Fact.MR’s report is to analyze the global control valves market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Control valves manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report.

In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report. The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global control valves market.

Summary:

The report introduces the current scenario of the market for control valves. The executive summary section of the report offers information regarding the future scope of the global control valves market. Brief information on the vital aspects, facts, and statistics on the global control valves market is emphasized in this section.

Overview:

This section offers an overview of the global control valves market. This section comprises definition of the product – control valves, along with key insights on dynamics playing an important role towards the growth of the market. The overview also includes market value and year-on-year growth defining the future progress and decline of the global control valves. Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.

In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors. The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.

The report further provides information on various technological advancements in the global control valves market. Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of control valves. With advancements in technology, keeping an eye on the latest trends and developments is important for control valves manufacturers to frame key business strategies. Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.

Considering the broad-scope of the global control valves market, the report offers in-depth insights on the forecast and segment-wise analysis. The control valves market has been segmented on the basis of actuation technology type, valve type, application, and region. This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.

In the final section, the report offers information on the key competitors, along with a board view of the market players and company analysis. This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global control valves market.

Research Methodology   

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

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Control Valve Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026