Motorized Control Valves Market Demand and Growth Trends Market by 2030 |Danfoss, Cair Euromatic Automation

Motorized control valves are mechanical devices that regulate, direct or control the flow of a liquid, gas or solid. They are primarily used in industries such as oil & gas, energy & power, water & wastewater treatment, food & beverages and pharmaceuticals.

Market Dynamics:

The global motorized control valves market is expected to witness significant growth over the forecast period owing to increasing investment in oil & gas industry. The oil & gas industry has been witnessing strong growth in exploration and production activities globally. For instance, according to the U.S. Energy Information Administration, capital expenditure in the oil & gas industry is projected to increase to $531 billion in 2023 from $478 billion in 2022. This increasing investment in exploration and production activities is leading to rise in demand for process control equipment such as valves. Additionally, growing energy demand and increasing oil & gas transportation & refining activities are also expected to support the demand for motorized control valves during the forecast period.

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Key Company Profiles:

Danfoss, Cair Euromatic Automation, Emerson Electric, and Pentair. Other prominent vendors include Belimo, Marsh Automation, Hitachi, Honeywell, Avcon Controls, Schubert & Salzer, BI-TORQ Valve Automation, Rotork, Flowserve, Hansen Technologies, and A.u.K. Müller GmbH.

Motorized Control Valves Market Drivers

Expanding Global Process Industries is Primarily Driving the Adoption of Motorized Control Valves

The global process industries including oil & gas, chemicals, power generation, mining, pharmaceuticals, paper & pulp and food & beverages have been witnessing steady growth over the past few years. This expansion of process industries is generating significant demand for various automated flow control equipment including motorized control valves. Process industries require precise control over flow parameters like pressure, temperature and flow rates which is efficiently fulfilled by motorized control valves. Their self-actuating capability allows easy remote operations without any manual intervention. Moreover, their ability to withstand harsh process conditions make them preferred choice for critical process applications. Thus, the growing needs of accuracy, reliability and automation across process industries have emerged as a key driver propelling the motorized control valves market.

Increasing Investments in Water & Wastewater Treatment Projects Driving Higher Adoption

With growing urbanization and industrialization globally, the demand for clean water is escalating rapidly. This has pushed several governments and private entities to undertake massive investments in water treatment infrastructures. Motorized control valves play an indispensable role in water treatment plants by regulating flow in applications like filtration, flocculation, sedimentation etc. Their high flow control accuracy is helpful in maintaining strict quality standards of treated water. Likewise, in wastewater treatment plants as well, motorized control valves are widely used for controlling flow in secondary and tertiary treatment processes. Considering significant planned investments in water & wastewater treatment projects over the coming years, the demand for reliable and precise flow control equipment like motorized control valves is expected to surge.

Market segmentation:

On the basis of product type, the global motorized control valves market is classified into:
Butterfly valves
Gate valves
Ball valves

On the basis of end-use industry, the global motorized control valves market is classified into:
Oil & gas
Water and wastewater
Power generation
Mining
Chemicals
Foundries
Others

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This Report lets you identify the opportunities in Motorized Control Valves Market by means of a region:

⦿ North America (the United States, Canada, and Mexico)
⦿ Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
⦿ Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
⦿ South America (Brazil etc.)
⦿ The Middle East and Africa (North Africa and GCC Countries)

Motorized Control Valves Market Restrain

High Initial Capital Requirement Limiting Uptake in Cost-Sensitive Markets
While motorized control valves deliver considerable performance and operational benefits over traditional valves, their higher initial capital cost acts as a major restraining factor especially in cost-sensitive markets. Motorized control valves require additional expenses towards actuator, control unit and pneumatic/electric accessories compared to conventional manual valves. This makes them less affordable choice for small-scale and low budget process plants across cost-critical regions. Developing economies and under-developed markets often prefer conventional valves even if they are inefficient and require high maintenance over long run. Moreover, the operational benefits of motorized valves may not justify their higher upfront cost for simple or less critical flow control applications. Therefore, the relatively high capital expenditure constraint the rapid adoption of motorized control valves in certain low economy markets.

Motorized Control Valves Market Opportunity

Growing Implementation of Industry 4.0 Creating New Avenues
Industry 4.0 is emerging as one of the biggest opportunities for motorized control valves market. It refers to the growing automation and data exchange in manufacturing technologies which are paving way for 'smart factories' globally. Motorized control valves are increasingly being integrated with advanced IoT, analytics, cloud computing and robotics technologies to enable Condition monitoring, Predictive maintenance, Remote operations and performance optimization. Their networking capabilities make them crucial part of digital transformation of process plants. This helps improving process efficiencies, minimizing downtimes and optimizing lifecycle costs. As major process industries ramp up investments to embrace Industry 4.0 standards, the demand for smart and networked motorized control valves compatible with digital shifting is expected to accelerate. Control valve manufacturers are proactively developing Industry 4.0 ready product portfolios which is opening new growth avenues in upcoming years.

Motorized Control Valves Market Trend

Rising Adoption of Intelligent Valve Technologies
Emergence of intelligent motorized valves integrated with advanced sensing and analytics is a major trend shaping the future dynamics of control valves market. Conventional motorized control valves are now being augmented with capabilities like integral flow and pressure sensors, smart actuators, diagnostic software and microprocessors. These smart control valves not only regulate process flow but also provide real-time process data, self-diagnostic functions, predictive maintenance alerts and remote accessibility. Trends like condition monitoring, energy efficiency and digital process optimization are promoting adoption of intelligent motorized control valves having expanded monitoring and reporting capabilities. This technology trend is allowing significant operational benefits like reduced downtime, enhanced safety, remote monitoring and optimization of valve maintenance schedules. Leading manufacturers are actively investing in intelligent valve technologies to fulfill growing customer demands for smart, efficient and

Key questions answered in the report include:

ᗒ How Motorized Control Valves Market industry market will boom in 2023?

ᗒ which are prominent key players will be growing the market?

ᗒ Which enterprise size accounted for the largest data center colocation market share?

ᗒ What is the Compound Annual Growth Rate(CAGR) of the market during the forecast period (2023-2030)?

ᗒ What is the primary factor contributing to the growth of the market?

ᗒ Which region held the largest market share in the market?

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