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Steam Valves Market Research Report 2023 - valuates Reports
Steam Valves are used in steam system to adjust or switch steam flow, filter impurity in steam, prevent steam backflow, etc. Steam valves include a lot of valves like steam trap valves, steam plunger valves, steam reducing valves, safety valves, etc.The global Steam Valves market was valued at US$ 8502.2 million in 2022 and is anticipated to reach US$ 10990 million by 2029, witnessing a CAGR of 3.7% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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First, for industry structure analysis, the Steam Valve industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Emerson, Pentair, Flowserve, Spirax Sarco and Armstrong, account for about 17% of the revenue market. Regionally, North America is the biggest production value area, also the leader in the whole Steam Valve industry.
North America occupied 26% of the production market. It is followed by Europe and China, which respectively account for around 24% and 24% of the global total industry. Other countries have a small amount of production. Geographically, North America was the largest consumption market in the world, which took about 25% of the global consumption volume.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Steam Valves, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steam Valves.
The Steam Valves market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Steam Valves market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steam Valves manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
-Emerson
-Pentair
-Flowserve
-Spirax Sarco
-Armstrong
-Crane Company
-KSB Group
-Kitz
-Velan
-Metso
-Circor
-Cameron
-TLV
-Yoshitake
-Richards Industries
-MIYAWAKI
-Watson McDaniel
-DSC
-Beijing Valve General Factory
-Hongfeng Mechanical
-Yingqiao Machinery
-Shanghai Hugong
-Chenghang Industrial Safety
-Lonze Valve
-Water-Dispersing Valve
Segment by Type
-Pneumatic Steam Valve
-Electric Steam Valve
-Self-operated Steam Valve
Segment by Application
-Oil & Gas
-Power Industry
-Steel Industry
-Food & Beverage
-Other
-
Production by Region
-North America
-Europe
-China
-Japan
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