Press release
Control Valves Market Research Report 2018 Focusing On Top Companies like Bürkert Fluid Control Systems, Curtiss-Wright Corporation, Crane Co., Emerson, Flowserve Corporation, Alfa Laval, IMI, Neway Valves (Suzhou) Co., Ltd.
Global Control Valves Market
The 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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Major Market Competitors:
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.
Major Market Drivers and Restraints:
Demand of oil & gas and power industries
Demand in the pharmaceutical and food & beverage industries
Rising number of industrial infrastructure projects in developing countries
Increased automation in the process industries
Competition from domestic manufacturers
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Some of the major countries covered in this report are :-
U.S.,
Canada,
Germany,
France,
U.K.,
Netherlands,
Switzerland,
Turkey,
Russia,
China,
India,
South Korea,
Japan,
Australia,
Singapore,
Saudi Arabia,
South Africa,
Brazil
among others.
In 2017, North America is expected to dominate the market.
Market Segmentation:
On the basis of type the control valves market is segmented into Pneumatic control valve, Hydraulic control valve, Electrical control valve. The electrical control valves market is expected to grow in the forecasted period.
On the basis of components the control valves market is segmented into Valve Body, Actuators, Others.The actuators market is expected to grow in the forecasted period.
On the basis of application the control valves market is segmented into Electrical Power, Oil and Gas, Water & Waste-water Management, Automotive, Pharmaceuticals, Mining, Chemicals, Food & Beverage and others.The Oil & Gas market is expected to grow in the forecasted period.
On the basis of geography, control valves market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Email: sopan.gedam@databridgemarketresearch.com
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