Press release
Global Emergency Shutdown Valves Market Expected To Grow At CAGR Of 3.51% Between Years 2017-2021
About Emergency Shutdown Valves Market
Emergency shutdown system (ESD system) is a safety instrument system that helps in protecting the industrial facilities from any accidents or emergency situations. Oil and gas, chemical and petrochemical, power, water and wastewater are some of the major end-users of this safety instrument system. This system recognizes the threat and takes necessary measure to prevent any catastrophic events.
Emergency shutdown systems consist of emergency shutdown valves, sensors, PLC (Programmable logic controller) and other control devices. These components help in checking the conditions of each of the machinery and process to determine any problems or emergencies and this information is used by the control devices like PLC, DCS (Distributed control system) to take necessary action. The demand for these emergency shutdown systems have increased due to the raising industrial accidents and many of the end-user industries are implementing these systems to address the increasing concern over workplace safety. Growing awareness among the end-user industries is another reason for the implementation of emergency shutdown systems.
Technavios analysts forecast the global emergency shutdown valves market to grow at a CAGR of 3.51% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global emergency shutdown valves market for 2017-2021. To calculate the market size, the report considers the new installations, sales and replacement, and services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Emergency Shutdown Valves Market 2017-2021, 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.
Key vendors
Cameron
Emerson
Flowserve
General Electric
Metso
Other prominent vendors
J Flow Controls
Rico
Winn-Marion
Pekos valves
MIR VALVE
PFF
Accord
DERVOS VALVES
AMOT
MOGAS
Market driver
Upgrading end-user industries to improve efficiency
For a full, detailed list, view our report
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Market challenge
Fluctuating raw material prices
For a full, detailed list, view our report
Market trend
Increasing use of remote shutdown valves
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
Global emergency shutdown valves market in oil and gas industry
Global emergency shutdown valves market in chemical and petrochemical industry
Global emergency shutdown valves market in power industry
Global emergency shutdown valves market in pharmaceutical industry
Global emergency shutdown valves market in water and wastewater industry
Global emergency shutdown valves market in others
PART 07: Geographical segmentation
Market overview
Emergency shutdown valves market in EMEA
Emergency shutdown valves market in APAC
Emergency shutdown valves market in Americas
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PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Increasing use of remote shutdown valves
Increasing use of actuators in emergency shutdown valves
Implementation of emergency shutdown systems among end-user industries due to growing awareness
PART 11: Vendor landscape
Competitive landscape
Other prominent vendors
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