Machinery and EquipmentPress Releases

Industrial Valves Market to Grow US$ 110.91 Billion by 2027

The global Industrial Valves market size is expected to surpass around US$ 110.91 billion by 2027 and the market is expected to garner growth at a CAGR of 3.4% over the forecast period 2021 to 2027.

Get the sample copy of this report@ https://www.precedenceresearch.com/sample/1076

Growth Factors

The food & beverages processing industry is a highly saturated industry in many developed countries that include the U.S., the European Union countries, and China. Besides this, increase in demand for food from developing countries such as India, Brazil, and others boosts the agriculture industry that in turn propels the growth of the food & beverage industry. This is further anticipated to fuel the demand for industrial valves.

Furthermore, governments of various countries closely monitor the water utilities to provide safe drinking water and sanitation. Additionally, the outbreak of corona virus in start of the year 2020 has created insecurity among the people. During this situation, people are more concerned about clean water and sanitation, thereby propelling the demand of industrial valves in the sector.

Market Report Scope

Report Highlights Details
Market Size USD 110.91 Billion by 2027
Growth Rate CAGR of 3.4% from 2021 to 2027
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2027

Get Customization on this Research Report@ https://www.precedenceresearch.com/customization/1076

Market Overview

A recent study by Precedence Research on the Industrial Valves market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Industrial Valves market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Industrial Valves. The study also provides the dynamics that are responsible for influencing the future status of the Industrial Valves market over the forecast period.

A detailed assessment of the Industrial Valves market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Industrial Valves market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • In 2019, North America dominated the global industrial valves market owing to replacement of inefficient and old valves with more efficient valves for gas transportation.
  • The Asia Pacific exhibits the fastest growth over the analysis period owing to booming consumption of chemicals coupled with escalating construction activities.
  • By material, steel valves garnered the largest value share in the year 2019 due to rising demand for high-quality valves in pharmaceuticals, chemicals, food & beverages, and metals & mining industries
  • By valve type, ball valves led the global market and predicted to continue same trend during the forecast period
  • Oil & gas sector accounted for the largest market value share in the year 2019 pertaining to increasing demand of energy along with flourishing growth of transportation sector.
  • Based on application, water & wastewater industry encountered the fastest growth close to 6% over the forecast period.

Regional Snapshots

North America captured the largest market value share in the global industrial valves market in the year 2019. Rising research & development (R&D) activities in the region related to the implementation of actuators in the valves for automation along with the rising demand for safety applications are some of the crucial factors that fuel the growth of North America market. R&D at industry levels has expanded the application of industrial valves in various industries that include chemicals and energy & power, in the United States. Control valves are significantly used in the energy & power, oil & gas, and water & wastewater treatment industries to regulate the flow of media through a system, as well as to stop, start, or throttle the flow and ensure efficient and safe process automation.

On the other hand, the Asia Pacific offers lucrative growth opportunity during the analysis period. This is attributed to the increasing need for water treatment plants in the Asian countries, such as India, China, and Japan, thereby fuelling the demand for industrial valves in the region. In addition, booming consumption of chemicals is the other most prominent factor to trigger the growth of industrial valves in the region.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • Avcon Controls Private Limited
  • AVK Holding A/S
  • Crane Co.
  • Metso Corporation
  • Schlumberger Limited
  • Flowserve Corporation
  • Emerson Electric Co.
  • IMI plc
  • Forbes Marshall
  • The Weir Group plc.

Segments Covered in the Report

By Valve

  • Butterfly Valves
  • Ball Valves
  • Globe Valves
  • Gate Valves
  • Check Valves
  • Plug Valves
  • Diaphragm Valves

By Material

  • Cast Iron
  • Alloy-Based
  • Steel
  • Others

By Application

  • Water & Wastewater
  • Oil & Power
  • Food & Beverages
  • Chemical
  • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Industrial Valves market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Industrial Valves are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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 Industrial Valves Market, By Valve

7.1. Industrial Valves Market, by Valve Type, 2020-2027
7.1.1. Butterfly Valves
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Ball Valves
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Globe Valves
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Gate Valves
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Check Valves
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Plug Valves
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Diaphragm Valves
7.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Industrial Valves Market, By Application

8.1. Industrial Valves Market, by Application, 2020-2027
8.1.1. Water & Wastewater
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Oil & Power
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Food & Beverages
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Chemical
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Industrial Valves Market, By Material

9.1. Industrial Valves Market, by Material, 2020-2027
9.1.1. Cast Iron
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Alloy-Based
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Steel
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2016-2027)

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

10.1. North America
10.1.1. Market Revenue and Forecast, by Valve (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, by Material (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Material (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Material (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Material (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Material (2016-2027)

Chapter 11. Company Profiles

11.1. Avcon Controls Private Limited
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. AVK Holding A/S
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Crane Co.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Metso Corporation
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. Emerson Electric Co.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. IMI plc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Forbes Marshall
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. The Weir Group plc.
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

Buy this Research Report study@  https://www.precedenceresearch.com/checkout/1076

You can place an order or ask any questions, please feel free to contact at sales@precedenceresearch.com | +1 9197 992 333

About Us

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. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

For Latest Update Follow Us:

https://www.linkedin.com/company/precedence-research/

https://www.facebook.com/precedenceresearch/

https://twitter.com/Precedence_R

Show More

Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Related Articles

Back to top button