Press release
Control Valves Market 2018 Key Country Analysis: Curtiss-Wright Corporation, Crane Co., Emerson Electric, Flowserve Corporation, Samson AG., Pentair PLC., Kitz Corporation, Metso and Among Others
Control Valves Market 2018
"Global Control Valves Market" accounted to USD 6.5 billion in 2016 growing at a CAGR of 5.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition:
Control valves are used in 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.
Competitive Analysis:
Control Valves Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Top Venders of Global Control Valves Market
Some of the major players operating in control valves market are Burkert Fluid Control System, Curtiss-Wright Corporation, Crane Co., Emerson, Flowserve Corporation, Alfa Laval, IMI PLC,Neway Valves (Suzhou) Co., Ltd.,Velan Inc., Samson AG., Pentair PLC., Kitz Corporation, Metso, The Weir Group PLC,SpiraxSarco Limited, Mil Control Limited, dual products intl. CC, among others. In 2017, Curtiss-Wright Corporation entered into agreement with Clarke Industrial Engineering that help to develop worldwide market for Shutter Valve™ technology used in Naval Defense Market.
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Market Segmentation of Global Control Valves Market
On the basis of type
• Pneumatic control valve
• Hydraulic control valve
• Electrical control valve
On the basis of components
• Valve Body
• Actuators
• Others
On the basis of application
• Electrical Power
• Oil and Gas
• Water & Waste-water Management
• Automotive
• Pharmaceuticals
• Mining
• Chemicals
• Food & Beverage
• others
Research Methodology:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call drop down your inquiry.
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