Hybrid Valve Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – Flowserve Corporation, Emerson Electric Company, IMI plc, Carter Process Control GmbH

MarketInsightsReports provides in-depth insights on the global Hybrid Valve market in its report titled, “Global Hybrid Valve Market Trends, Size, Applications, Analysis, Growth, and Forecast 2016 to 2026. The market has been studied for historic years from 2016 to 2020, with the base year of estimation as 2020 and forecast from 2021 to 2026. The report provides in-depth insights, revenue details, and other vital information regarding the market structures, and the various trends, competitive landscape of industry, drivers, restraints, opportunities, and threats till 2026.

The Hybrid Valve Market is expected to register a CAGR of around 4.82%, during the forecast period 2021 to 2026.

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The Hybrid Valve market report offers intuitive and comprehensive information respecting the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global Hybrid Valve market report has been segmented on the basis of product type, product application, and region.

Top Key Players in the Global Hybrid Valve Market:

Flowserve Corporation, Emerson Electric Company, IMI plc, Carter Process Control GmbH, CIRCOR International, Inc., L&T Valves Limited, Koso Kent Introl Pvt. Ltd., Parcol S.P.A, Master Flo Valve Inc. (Stream-Flo Industries Ltd.), Wuxi Smart Auto-Control Co. Ltd.

Industry News and Development:

- February 2020 - Emerson launched the ASCO Series 158 Gas Valve. The valve has been designed for burner-boiler applications, offering end-users a new combustion safety shutoff valve option that increases safety and reliability and enhances both flow and control.

Market Scope

- The growth of hybrid valves is expected to be further driven by factors such as increasing need for wireless/remote infrastructure to monitor equipment in various plants along with an augmented focus on technology advancements propelling the application of smart valves and actuators, specially in the industrial sector.

- Major industries such as oil and gas, water and wastewater, mining, among others are moving toward valve technology with embedded processors and networking capability to work alongside sophisticated monitoring technology coordinated through a central control station.?

- Further, according to a study by E. Jones, currently there are 15,906 desalination plants worldwide and many projects are still under progress which is also significantly driving the demand for hybrid valves.

Market Segmentation by Type

Steel

Tungsten Carbide

Alloy

Titanium

Duplex Nickel

Market Segmentation by Application

Oil & Gas

Water & Wastewater

Energy & Power

Chemicals

Others

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Key Market Trends

Oil & Gas Industry is Expected to Drive Market Share

- The Oil & Gas Sector's expansion across geographies is expected to drive market growth. The Department of the Interior (DoI) of the United States for instance, is planning to allow offshore exploratory drilling in about 90% of the Outer Continental Shelf (OCS) acreage, under the National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program) for 2019-2024. This is expected to open up new opportunities to the market in the oil and gas sector.?

- Moreover, declining sensor costs, could also offer several cost cutting measures to implement automation technologies in the oil & gas industry to improve productivity and eliminate any possible hindrances in the business model.

North America is Expected to Hold the Largest Market Share

- Major industries in the country, such as oil and gas, renewable energy, and water and wastewater treatment, are moving toward valve and actuators technology with embedded processors and networking capability to work alongside sophisticated monitoring technology coordinated through a central control station. The expanding power generation infrastructure in the United States and the availability of natural gas are also expected to result in the construction of several new combined cycle gas turbine (CCGT) plants.

- North America is expected to have significantly larger market share owing to exhaustive activities in the exploration of shale gas, which requires control valves to regulate the temperature or pressure throughout upstream, downstream and midstream activities. Over the span of 1 year in 2019, the United Stated added 14 oil rigs and 1 gas rig for its oil and gas exploration focus.

Regions Covered in the Global Hybrid Valve Market:

The Hybrid Valve Market research report includes a detailed study of regions of North America, Europe, Asia, and South America. The report has been curated after observing and studying various factors that calculate regional growth such as the economic, environmental, social, technological, and political status of the particular region. Our analysts have studied the data of revenue, sales, and manufacturers of each region in-depth. This section examines region-wise revenue and volume for the forecast period of 2015 to 2026 which will help the reader to understand the potential worth of investment in a particular region.

North America (United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

The Hybrid Valve report has been assembled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative estimation by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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The report is curated into understandable forms and includes Pie Chart, Graphs and Figures, tables, and many more for business intelligence to scrutinize the data making it comprehensible to reveal the hidden trend into the figures. Moreover, the report covers the sales and revenue insights of the historic period (2016-2020) and also reflects the anticipated trends in the forthcoming years.

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-Procure strategically important competitor information, analysis, and insights to construct functional R&D strategies.

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- Build regional and country strategies on the basis of local data and analysis.

Major Points from Table of Contents:

- Introduction

- Research Methodology

- Executive Summary

- Hybrid Valve Market by Type

- Hybrid Valve Market by Application

- Hybrid Valve Market by Route of Administration

- Hybrid Valve Market by Region

- Competitive Landscape

- Company Profiles

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All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply-chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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