Control Valves Market by Type (Pneumatic, Hydraulic, Electric), by Application (Power generation, Oil & gas, Waste water management, Automotive, Pharmaceuticals, Mining, Chemicals, Food and Beverages,Others), Industry Trends, Estimation & Forecast, 2016 - 2024

September 2017

 Pages: 125

 ERC 8233

Control Valve Market was valued at $9 billion in 2016 and is projected to reach $16 billion by 2024, having a CAGR of 7.7 % during the forecast period of 2017 to 2024.In 2016, the pneumatic control valve market generated the highest revenue share in the global control valve market.

A control valve is a device capable of modulating flow at varying degrees between minimal flow and full capacity in response to a signal from an external control device. The control valve, often referred to as the final control element, is a critical part of any control loop, as it performs the physical work and is the element that directly affects the process. A control valve is comprised of an actuator mounted to a valve. The valve modulates flow through movement of a valve plug in relation to the port/ ports located within the valve body. The valve plug is attached to a valve stem, which, in turn, is connected to the actuator. The actuator, which can be pneumatically or electrically operated, directs the movement of the stem as dictated by the external control device.

Control Valve Market Dynamics

Factors such as increment in the oil and gas industry investments due to hiked power demands and ever-rising demand of food and beverage industry are acting as drivers to the control valve market. Moreover, increase in the need for automation in the process industry and the rising number of industrial infrastructure projects in developing countries are also the major driving forces for the market growth. However, intense competition and rising demand of unconventional power, is slated to pose challenges to control valve market. Inefficient logistics and supply system across the globe is also expected to be the biggest challenge for control valve market over the forecast period.
Manufacturers of control valves are constantly engaging in research and development activities to design their products in accordance with the trending requirements in various industries. Extensive R&D to provide for complete control valve automation solution is expected to yield opportunities in this control valve market.

Market Segmentation

The segmentation of global control valve market is done on the basis of valve type, application, and geography. By type, the market is segmented as Pneumatic control valves, Hydraulic control valves, and Electric control valves. On the basis of application, the market is segmented as power generation, oil & gas, waste water management, automotive, pharmaceuticals, mining, chemicals, food and beverages and others. Geographically, the market is segmented as North America, Europe, Asia-Pacific and Rest of World. Out of major geographies, North America emerged as the dominant regional market over the past few years and is expected to continue its dominance over the forecast period.

Major control valve market players are Metso Corporation, Samson AG, Electric CO, MIL Control Limited, Flowserve Corporation, Pentair PC, Velan Inc.,Crain Fluid Inc., General electric company, IMI Plc. (UK)

GLOBAL CONTROL VALVE MARKET SEGMENTATION

By Type

  • Pneumatic control valves
  • Hydraulic control valves
  • Electric control valves

By Application

  • Power generation
  • Oil & gas
  • Waste water management
  • Automotive
  • Pharmaceuticals
  • Mining
  • Chemicals
  • Food and Beverages
  • Others

By Geography

North America
  • U.S
  • Canada
  • Mexico

Europe
  • U.K
  • Germany
  • France
  • Italy
  • Rest of Europe

APAC
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

ROW
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS

  • Metso Corporation, Samson AG
  • Electric Co.
  • MIL Control Limited
  • Flowserve Corporation
  • Pentair Plc
  • Velan Inc.
  • Crane Fluid Inc.
  • General electric company
  • IMI Plc. (UK)
  • Samson AG

Please fill in the form below to Request for Customized Report

Refresh Captcha

To request sample copy of this report, please complete the form below verified and secure

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report. This also includes a 30 minute free analyst discussion post report purchase.


Refresh Captcha

    What Information does this report contain?


    • What was the market size of the Control Valve Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Control Valve Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

Purchase Options





Offers & Discounts

  • Chapter purchase
  • Historical market data
  • Country level data breakdown
  • Free customization*
  • Discounts for first time
  • Special pricing for
              non-business entities

Customize

  • We offer 20% free customization on every purchase.

Get in touch!

  +1-(908) 379-7709


  help@esticastresearch.com