Hydraulic Valves Market to Grow at 3.78% CAGR to 2021

Hydraulic Valves Market Report 2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Marketsizeforecasters.com adds new global Hydraulic Valves market: report that lists top active companies as Bosch Rexroth, Daikin Industries, Eaton, Kawasaki Heavy Industries, and Parker Hannifin.

Other Prominent Vendors in the market are: ENERPAC, HAWE Hydraulik, Emerson Electric, HAWE, Curtiss-Wright, CBF Hydraulic, Sun Hydraulics, Pedro Roquet, Versa Products, and Bermad Water Technologies.

Research analysts forecast the global hydraulic valves market to grow at a CAGR of 3.78% during the period 2017-2021.

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Commenting on the report, an analyst team said: One trend in market is shift from conventional fluid power system to smart electric hybrid system. In the long run, factories of the future will be fully automated. The whole production line will be configured with artificial intelligence, allowing direct access and control of different machinery in the manufacturing process. These factories require smart machinery, which can be wirelessly controlled and remotely monitored, for periodic diagnosis or predictive maintenance. To cater to this shift, smart electro-hydraulic hybrid systems are being developed with enhanced features for remote axis and diagnostics. This will provide higher operational accuracy. The electro-hydraulic enhancement can be applied to current conventional systems with minor modifications. This type of system is driving the sales of hydraulic equipment. It is also warding off the threat from fully electric-driven units. Therefore, these smart electric hybrid systems will drive the growth of the hydraulic fluids market.

The listed pricing for this Hydraulic Valves Market report starts at $ 3500.
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According to the report, one driver in market is rising demand from water and wastewater treatment industry. There is an increased demand for high quality and uncontaminated water for domestic consumption purposes. Advanced economies have the well-developed infrastructure for water production. However, they lack effective supply facilities, resulting in impurities polluting the water during conveyance. This has led to several European countries shifting their focus toward improving municipal water treatment infrastructure. These countries have already employed technologically advanced industrial water treatment infrastructure. Both Germany and the UK are investing heavily in developing municipal water treatment infrastructure by 2020.

Further, the report states that one challenge in market is rising preference for pneumatic valves among end-users. Pneumatic valves involve compressed gas (air or any other inert gas) to produce mechanical motion. The equipment is used in volatile environments where hydraulic or electric valves cannot be used. It is also used in various industries such as the construction, metallurgy, and oil and petrochemical industries. Pneumatic valves are safer than electric and hydraulic valves, and are increasingly being adopted by end-users for industrial applications. Hydraulic valves use different kinds of fluids, and pneumatic valves use gas. Pneumatic valves are agiler than hydraulic equipment and can pass through pipes quickly with low resistance.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Browse full table of contents and data tables For Hydraulic Valves Market Report of 70 pages https://marketsizeforecasters.com/global-hydraulic-valves-market

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