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Control Valves Market By Economic Growth Factors, Development Status, Industry Overview, Future Plans, Competitive Landscape and Opportunities Forecast 2027

Precedence Research recently published a report titled “Control Valves Market – Global Industry Analysis, Size, Share, Trends, Growth, Regional Outlook, and Forecast 2021-2027”

The global control valves market size is projected to hit USD 11,998 million by 2027 and is anticipated to grow with a healthy CAGR of 9.71% over the forecast period 2021-2027.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2027.

Download FREE Sample of This Strategic Report with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1272

Scope of the Control Valve Market Report

Report Highlights Details
Market Size In 2027 USD 11,998 Million
Growth Rate 9.71% CAGR From 2021 and 2027
Base Year 2020
Hiostoric Data 2017 to 2020
Forecast Period 2021 to 2027
Segments Covered Actuation Technology, Type, Application
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, South America

Pace of growth will improve as more industries showcase demand for integration of intelligence solutions. Smart solutions will remain top choice as industries focus on addressing challenges posed by environment, economy, and competition.

Investment in state-of-the-art control valve technologies will therefore increase, enabling the control valve market size to top US$ 12 Bn by 2027. According to the study, the oil and gas industry will remain the chief end user through the assessment period.

Increasing emphasis on renewable energy projects and expansion of solar thermal energy plants will present ample scope for control valve sales. Against this backdrop, the U.S. has been identified as a highly lucrative pocket for the market.

The control valves market in the U.S. is expected to top US$ 1.2 Bn in 2021 and it is expected to remain at the forefront of opportunities existing in the North America market. Backed by a strong energy infrastructure, demand for control valves will rise at a high pace in the U.S.

Shale gas revolution and focus on deriving energy on renewable sources will buoy investment in America’s energy sector. This will in turn create opportunities for sale of control valves in the country.

Oil and Gas Industry to Continue Exhibiting High Demand

The oil and gas industry will continue accounting for maximum sales of control valves through the forecast period. Rising energy demand and expansion of infrastructure in GCC countries will continue supporting sales.

Control valves are imperative for regulating and controlling the flow of gases such as natural gas, liquid petroleum, and oxygen among others within the industry. These components also are used to prevent backflow and to isolate and protect equipment.

Considering their applications, expansion of the oil and gas industry will have a positive impact on the control valves market. As per the study, sales of control valves in the oil and gas sector is expected to total US$ 2 Bn by 2027.

Precedence Research’s latest study offers exclusive insights into the control valves market. This market survey is intended at exploring opportunities existing in the market. The global control valves market study also covers information on prevailing trends affecting growth of the market.

Some of the key highlights from the report are:

  • Asia Pacific is expected to remain the largest market for control valves globally, exhibiting growth at 9.74% CAGR over the assessment period.
  • China, Japan, and India among others will remain the leading markets for control valves in Asia.
  • North America will emerge as the second-leading market, backed surging demand from the U.S.
  • The Europe control valves market is expected to total US$ 2.3 Bn by 2027.
  • Among technologies available in the market, the demand for actuation technology will remain the highest, increasing at 10.18% CAGR through the assessment period.

COVID-19 Impact on Control Valves Market

Since the onset of COVID-19, healthcare and pharmaceutical sectors have been at the forefront of combating the virus. Control valves are among key components that go into manufacturing of medical devices used in the production of vaccines and medications. In the global scheme of things, demand from pharmaceutical and healthcare sector will have positive impact on the control valves market.

Research and development activities undertaken to introduce automation also will create growth opportunities. Solenoid valves, more often sold in the pharmaceutical industry, will therefore gain from accelerating sales.

Besides these, the pharmaceuticals industry is predicted to register demand for more sophisticated fluid handling systems such as liquid soap dispensers or automatic sanitizers, which will push the demand for improved valve technologies.

Competitive Intelligence

The control valves market report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation, and so on.

Some of the key players in the global control valves market include are Emerson Electric Co.; Flowserve Corporation; IMI plc; Alfa Laval AB; AVK Holding A/S; Eaton; Honeywell International, Inc.; Velan; Inc., Burkert Fluid Control System; and Valvitalia SpA. Besides aforementioned strategies, investment in research and development is expected to remain pivotal for gaining competitive advantage.

Market Segmentation

By Actuation Technology

  • Manual Control Valve
  • Pneumatic Control Valve
  • Hydraulic Control Valve
  • Electric Control Valve

By Type

  • Ball Valve
  • Butterfly Valve
  • Diagraph Valve
  • Globe Valve
  • Others

By Application

  • Power Generation
  • Oil and Gas
  • Chemical Industry
  • Food & Beverages
  • Automotive
  • Pharmaceuticals
  • Wastewater Management
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Rest of South America

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Control Valves Market, By Product

7.1. Control Valves Market, by Product Type, 2021-2027

7.1.1. Ball Valve

7.1.1.1. Market Revenue and Forecast (2017-2027)

7.1.2. Butterfly Valve

7.1.2.1. Market Revenue and Forecast (2017-2027)

7.1.3. Cryogenic Valve

7.1.3.1. Market Revenue and Forecast (2017-2027)

7.1.4. Globe Valve

7.1.4.1. Market Revenue and Forecast (2017-2027)

7.1.5. Others

7.1.5.1. Market Revenue and Forecast (2017-2027)

Chapter 8. Global Control Valves Market, By Application

8.1. Control Valves Market, by Application, 2021-2027

8.1.1. Power Generation

8.1.1.1. Market Revenue and Forecast (2017-2027)

8.1.2. Oil and Gas

8.1.2.1. Market Revenue and Forecast (2017-2027)

8.1.3. Chemical Industry

8.1.3.1. Market Revenue and Forecast (2017-2027)

8.1.4. Food & Beverages

8.1.4.1. Market Revenue and Forecast (2017-2027)

8.1.5. Automotive

8.1.5.1. Market Revenue and Forecast (2017-2027)

8.1.6. Pharmaceuticals

8.1.6.1. Market Revenue and Forecast (2017-2027)

8.1.7. Wastewater Management

8.1.7.1. Market Revenue and Forecast (2017-2027)

8.1.8. Others

8.1.8.1. Market Revenue and Forecast (2017-2027)

Chapter 9. Global Control Valves Market, By Actuation Technology 

9.1. Control Valves Market, by Actuation Technology, 2021-2027

9.1.1. Manual Control Valve

9.1.1.1. Market Revenue and Forecast (2017-2027)

9.1.2. Pneumatic Control Valve

9.1.2.1. Market Revenue and Forecast (2017-2027)

9.1.3. Hydraulic Control Valve

9.1.3.1. Market Revenue and Forecast (2017-2027)

9.1.4. Electric Control Valve

9.1.4.1. Market Revenue and Forecast (2017-2027)

Chapter 10. Global Control Valves Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2017-2027)

10.1.2. Market Revenue and Forecast, by Application (2017-2027)

10.1.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Product (2017-2027)

10.1.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.1.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Product (2017-2027)

10.1.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.1.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2017-2027)

10.2.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Product (2017-2027)

10.2.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Product (2017-2027)

10.2.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Product (2017-2027)

10.2.6.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.6.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Product (2017-2027)

10.2.7.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.7.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2017-2027)

10.3.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Product (2017-2027)

10.3.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Product (2017-2027)

10.3.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Product (2017-2027)

10.3.6.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.6.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Product (2017-2027)

10.3.7.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.7.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2017-2027)

10.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Product (2017-2027)

10.4.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Product (2017-2027)

10.4.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Product (2017-2027)

10.4.6.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.6.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Product (2017-2027)

10.4.7.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.7.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2017-2027)

10.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Product (2017-2027)

10.5.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.5.4.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Product (2017-2027)

10.5.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.5.5.3. Market Revenue and Forecast, by Actuation Technology (2017-2027)

Chapter 11. Company Profiles

11.1. Honeywell International Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Emerson Electric Co.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. KITZ Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Bürkert Fluid Control Systems

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Schlumberger Limited

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Flowserve Corporation

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. AVK Holding A/S

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Rotork Plc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. General Electric Company

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Goodwin International Ltd

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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