Control Valves Market - Competitive Analysis and Forecast 2017-2025
With the presence of a large pool of well-established regional, as well as international manufacturers of control valves, the global market for control valves demonstrates a highly fragmented structure. The market also displays high competitiveness, as the leading players are increasingly being involved in mergers, acquisitions, and alliances to strengthen their positions in the global market. Continual addition to the existing product portfolios of these players is also expected to help them significantly in the near future.
The power sector has surfaced as the key contributor to the growth of the global market for control verves. Apart from this, the substantial increase in the oil and gas exploration activities is also impacting this market positively. The remarkable growth in the product pipelines, globally, is propelling this market considerably on the grounds of fast-paced industrialization.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1706
The rising investment in the area of fluid handling technology in the oil and gas and the pharmaceutical industries is also driving the global control valve market. The pharmaceutical industry is looking to develop a state-of-art fluid handling system for the improvement in hygiene and to accelerate the process. In the oil and gas industry, the augmenting investment in the field of shale gas and the installation of pipelines to ensure the efficient handling of fluid, is increasing the demand for control valves, leading to a high growth of this market.
Global Control Valves Market: Overview
Control valves are a type of valve mechanism which respond to signals directed by controllers in the form of partial or complete closure or opening for controlling pressure, liquid level, flow, temperature, and other conditions. The production of control valves is chiefly driven by the soaring demand in process sectors and high energy consumption. Control valves could be of various kinds, viz. electric, hydraulic, pneumatic, and manual.
Global Control Valves Market: Key Trends
Manufacturers in the world control valves market could be encouraged with the recent drastic hike in demand as a result of the sophisticated developments in the electric control valves field. Products that are not dependent on periodic maintenance for their efficient functioning are envisaged to find greater importance in the eyes of manufacturers. This has led to the ballooning emphasis on their manufacturing and designing. Low environmental impact control valves are anticipated to rake in a strong revenue growth as government regulations pertaining to environment pollution turn stricter.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1706
Although the oil and gas sector is deemed as a primary scope of growth for the world control valves market, the slacking oil and gas supply because of shredding reserves is predicted to cause hindrance. However, food and beverage is projected to make up for the loss in demand in the previous sector with a surging number of control valve applications. Nonetheless, it is worth taking note of the important applications of control valves in downstream, midstream, and upstream oil and gas activities.
Besides animal feed, oils and fats, and dairy industries in the food and beverage sector, control valves could be used in power generation and pharmaceutical sectors.
Global Control Valves Market: Market Potential
Valve and pump specialist Weir Flow Control has recently announced its newly acquired safety and control valve project of Maersk Oil, which is planning on the development of its Culzean gas field. The Culzean project is considered to be benefited by Weir’s combined engineering expertise in the U.K. and France facilities. Awarded by Sembcorp Marine Offshore Platforms (SMOP) in Singapore, the project will feature 130 purpose-designed Blakeborough valves and 132 Sarasin-RSBD special service valves for pressure relief.
Prominent companies such as OCV Control Valves are looking to incorporate fresh talent and veteran recruits with new appointments in their managerial departments. In March 2017, OCV announced Jarrod McCain in the capacity of business development manager and Megan Sutton as logistics and customer service manager.
Global Control Valves Market: Regional Outlook
The inert advancement of a majority of industry verticals in North America could be blamed for the listless growth rate in the region. Nonetheless, weighty players in the wastewater management, power generation, and oil and gas sectors making impressive technological and pecuniary investments are predicted to change the situation in the North America control valves market. The market could also gain impetus from the expansion of shale extraction due to the rising energy demand.
Get Discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1706
Asia Pacific, on the other hand, is forecasted to make its presence known in the global control valves market on account of the swelling demand in processed food and semiconductor and electronic manufacturing. In 2015, the Asia Pacific market had secured a larger share and is envisioned to continue demonstrating supremacy while riding on aggressive industrial infrastructure development and enlarging investments in different verticals.
Global Control Valves Market: Competitive Landscape
Some of the giant companies in the control valves industry such as Velan, Inc., Flowserve Corporation, and Metso could be checked by firms manufacturing low cost products in Asia, which are expected to penetrate the existing markets. The other leading players in the world control valves market could be IMI PLC, Crane & Co., Samson AG, General Electric, Emerson Electric Co., and Pentair PLC.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Control Valves Market - Competitive Analysis and Forecast 2017-2025 here
News-ID: 927666 • Views: 195
More Releases from TMR Research
Autonomous Material Handling Technologies Market Growth and Restrain Factors Ana …
Increasing acceptance of automation and autonomous technologies across manufacturing and retail sectors has been the key factor responsible for the demand growth in autonomous material handling technologies. A growing trend miniaturization of material handling equipment across industries and critically reducing time for the final throughput are further pushing adoption prospects of autonomous material handling technologies. Technical glitches and expensive capital spending may remain the longstanding challenge widespread adoption of autonomous
Indoor Positioning & RTLS Market Future Growth Analysis by 2028
Global Indoor Positioning & RTLS Market: Snapshot Today beacon enabled smartphone apps are used for positioning the assets within a facility. However, these apps are limited to inherent and precision latency. In order to resolve these issues, various players of indoor positioning & RTLS market are integrating new technologies into their proximity solutions. These solutions provide precise and fast location detection and made it easy for businesses to expand their customer
Cloud DVR Market Key Players, Latest Trends, Future Strategies And Growth Foreca …
Cloud DVR Market: Snapshot A DVR or a digital video recorder is an electronic device that has a digital storage. These devices can digitally record videos and store it. Cloud DVRs can help the user to record their favourite television programs and shows and store them through cloud service. Also, cloud DVRs can be accessed from anywhere and any device. Such factors are helping to increase the popularity of the cloud
Mobile First Video Services Market Dynamics, Supply and Demand, Growth by 2028
Global Mobile First Video Services Market: Overview Nowadays, an average consumer watches more video on their mobile phones than any other device. According to a study by Cisco, mobile video will hold more than 75% share of the overall mobile traffic by 2021. Besides, smartphones will hold a share for over 50% in the global smart devices market. With integration of virtual reality (VR) and several other technological advancements on the
More Releases for Control
Microgrid Control System Market
Microgrid Control System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/107776 UpMarketResearch offers a latest published report on “Global Microgrid Control System Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a competitive
Global Control Valve Market
Global Control Valve Market is segmented by type, by components, application, and by region. In terms of type, Ball Valve, Butterfly Valve, Globe Valve, Cryogenic Valve. For More information visit:https://www.maximizemarketresearch.com/market-report/global-control-valve-market/17135/ Switches, Actuator, Transducer are the components segment of the Control Valve market. Chemical, Pharmaceutical, Automotive, Oil & Gas, Metal & Mining are application segment of Control Valve market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa, and Latin
Termite Control Market
Major Players in the Global Termite Control Market Key players are adopting various strategies such as mergers and acquisitions, joint ventures, partnerships, and product innovations to ensure their long-term sustenance in this market. In 2017, Arrow Exterminating Company, Inc. acquired Bugmaster Exterminators—U.S.-based company that specializes in commercial and residential termite control—to expand its presence in residential and commercial sectors by offering a full line of service. Some of the key players in
Meeting Control System Market -
With proliferation of context-awareness and Internet of Things (IoT) technologies, it has become possible to connect people and devices seamlessly. Meeting control system makes such connections easier with the help of technology. The meeting control system market comprises control systems for lights, screens, projectors, HVAC, audio video systems, etc. for use in meeting rooms. Multi-screen presentations, video conferencing, wireless collaboration & presentation solutions, device mirroring, and real-time team editing are
Standalone Access Control Solution
Entry/exit within premises is generally a major challenge of an organization’s overall security strategy. To manage access of specific zones in a single location requires a standalone access control solution. For small and medium business organizations, Matrix has developed COSEC PANEL LITE (site controller), which works independently without requiring a server for Access Control application. All Matrix COSEC biometric and RFID Card based door controllers are connected to the site
Infection Prevention and Control
Infection control products and accessories aids in the prevention and control of hospital associated & other healthcare infections. These products range from disinfectants to sterilization equipment used in the healthcare settings. Infections needs to be controlled while injecting the drugs, during the surgery and hospital stay of a patient. In addition, infection control and preventive measures aid to avoid the most common hospital infections among the healthcare staff. Get Free 10