Control valves are used to regulate process variables, such as flow, temperature, pressure, and fluid level in the process industries including oil & gas, water management, chemicals, power generation, automotive, mining, pharmaceuticals, food & beverages, and many others.
Control valves play an important role in increasing efficiency, safety, and profitability of these process industries. Furthermore, the manufacturers of control valves are constantly engaging in research and development activities to design their products in accordance with the changing requirements in various industries. The main drivers for the growth of control valves market are gradual increase in the need for automation in the process industry, the rising number of industrial infrastructure projects in developing countries, and the ever increasing investment across all the process industries especially oil & gas industry. Additionally, the demand for control valves is expected to be high in the pharmaceutical industry. High energy demand integrated with growing population is one of the major factors driving the market growth. Inefficient logistics and supply system across the world is one of the challenges for control valves market in the period 2018-2025.
The global Control Valve market is valued at 8770 million US$ in 2018 is expected to reach 15700 million US$ by the end of 2025, growing at a CAGR of 7.6% during 2019-2025.
This report focuses on Control Valve volume and value at global level, regional level and company level. From a global perspective, this report represents overall Control Valve market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Emerson Electric
Flowserve Corporation
Metso Corporation
Pentair Plc
General Electric Company
Samson AG
MIL Control Limited
Crane Fluid Inc
IMI Plc
Velan Inc
Crane Co.
Flowserve Corporation
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Pneumatic Control Valve
Hydraulic Control Valve
Electrical Control Valve
Segment by Application
Electrical Power
Oil and Gas
Water &Waste-water Management
Automotive
Pharmaceuticals
Mining
Chemicals
Food & Beverage
Others
Summary:
Get latest Market Research Reports on Control Valve . Industry analysis & Market Report on Control Valve is a syndicated market report, published as Global Control Valve Market Research Report 2019. It is complete Research Study and Industry Analysis of Control Valve market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.