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Control Valve Market

The increasing usage of 3D printing in the manufacturing of valves, rising adoption of IIoT and industry 4.0, growing need for valve replacement, followed by increasing adoption of smartphones, are some other factors boosting the growth of the market in the upcoming years.

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Control Valve Market

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  1. Control Valve Market Control Valve Market By Material (Stainless Steel, Cast Iron, Alloy Based, Cryogenic, and Others), By Component (Actuators, Valve Body, and Others), By Size (Up to 1”, >1” to 6”, >6” to 25”, >25” to 50”, and >50”), By Type (Rotary Valves and Linear Valves), By Industry, and By Region – Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

  2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Control Valve Market: The significant drivers contributing to the growth of the global control valve market include the rising demand for energy in the Asia-pacific region, growing adoption of valves among oil & gas related companies in GCC countries, the increasing requirement for connected networks to manage and maintain various types of equipment in plants, along with the rising focus on established new nuclear power plants and upscaling of existing plants. Growing industrial automation is further surging the usage of smart control valves. The increasing usage of 3D printing in the manufacturing of valves, rising adoption of IIoT and industry 4.0, growing need for valve replacement, followed by increasing adoption of smartphones, are some other factors boosting the growth of the market in the upcoming years. Furthermore, the rising focus of valve manufacturers to deliver improved customer service is creating new growth opportunities in the market. On the other hand, the high cost of fabrication and unplanned downtime due to malfunctioning or failure of valves are the key factors restraining the growth of the market. This report splits the Control Valve Market as follows: By Material: •Stainless Steel •Cast Iron •Alloy Based •Cryogenic •Others 2

  3. By Component: •Actuators •Valve Body •Others By Size: •Up to 1” •>1” to 6” •>6” to 25” •>25” to 50” •>50” By Type: •Rotary Valves o Ball Valves o Butterfly Valves o Plug Valve •Linear Valves o Global Valves o Diaphragm Valves o Other Valves By Industry: •Oil & Gas •Water & Wastewater Treatment •Energy & Power •Pharmaceuticals and Healthcare •Food & Beverages •Chemicals •Building & Construction •Pulp & Paper •Metals & Mining •Others By Region: •North America o United States of America 3

  4. o Canada •Asia Pacific o China o Japan o India o Rest of APAC •Europe o United Kingdom o Germany o France o Spain o Rest of Europe •RoW o Brazil o South Africa o Saudi Arabia o UAE o Rest of the world (remaining countries of the LAMEA region) Competitive Landscape: The control valve market report also scans the competitive landscape and profiles the major players operating in the market including IMI plc, Christian Bürkert GmbH & Co. KG, Crane Company, Emerson Electric Co., Flowserve Corporation, Curtiss-Wright Corporation, Trillium Flow Technologies (Weir Flow Control), Kitz Corporation, Cameron International Corporation, and Spirax-Sarco Engineering plc, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a 4

  5. tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 5

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