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The Australia pressure safety valve market size was valued at $52.12 million in 2017 and is expected to reach $65.38 million by 2025, registering a CAGR of 2.88% from 2018 to 2025. Oil & gas dominated the Australian pressure safety valve market, accounting for around one-third share of the total revenue.
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Pages : 103 Publish Date: Jun 2018
Australian Pressure Safety Valve Market “ The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players; thereby, resulting in the moderate growth of the Australia pressure safety valve market. ” YashDoshi Senior Research Analyst, Construction & Manufacturing at AMR
Australian Pressure Safety Valve Market Overview • The Australian Pressure Safety Valve Market size was valued at $52.12 million in 2017 and is expected to reach $65.38 million by 2025, registering a CAGR of 2.88% from 2018 to 2025. Oil & gas dominated the Australian pressure safety valve market, accounting for around one-third share of the total revenue. • The increase in energy demands from emerging Asian economies continues to drive the production capacities in Australian end-user industries, owing to lucrative export opportunities to Asian countries. In addition, activities, such as services, periodic maintenance, and repairs, of pressure-based systems, machineries, and tools continue to drive the safety valve market at a steady growth rate. • Read more at : https://www.alliedmarketresearch.com/australian-pressure-safety-valve-market
Australian Pressure Safety Valve Market Key Benefits • In terms of value, the water supply system segment generated the maximum revenue in 2017 and is expected to grow at a CAGR of 3.51% during the forecast period. • The pilot operated safety valve segment is anticipated to grow at a CAGR of 3.14% from 2018 to 2025. • The oil & gas industry is expected to dominate the Australian pressure safety valve market during the forecast period, registering a CAGR of 2.52% in terms of value.
Australian Pressure Safety Valve Market By End-User Industry
Key Players in Industry • Bourke Valves • Callidus Group • Cebeco Pty. Ltd. • Emerson Electric Co. • LESER GmbH & Co. KG • Mercer Valve Company, Inc. • Powerflo Solutions • Score Group PLC • SpiraxSarco Pty. Limited • Western Process Controls • Download free Sample Report : • https://www.alliedmarketresearch.com/request-sample/4704
Australian Pressure Safety Valve Market By Geography • North America, Europe, Asia-Pacific, LAMEA
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