Global control valve market is expected to grow at a CAGR of 7.6% from 2017 to 2025
Portland, OR -- (SBWIRE) -- 07/27/2017 -- Control valves are used to control the flow, pressure, temperature, and liquid level in the process industries such as oil & gas, water management, chemicals, power generation, automotive, mining, pharmaceuticals, food & beverages, and many others. The valve is controlled by electric, pneumatic, and hydraulic actuators. Control valves play an important role in increasing efficiency, safety, and profitability of these process industries. Global control valve market is expected to grow at a CAGR of 7.6% from 2017 to 2025.
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The global control valves market has been segmented on the basis of types, application, and geography. Based on type, the market is segmented into pneumatic, hydraulic, and electric control valve. In terms of application, the market includes electrical power, oil & gas, water & waste-water, pharmaceuticals, automotive, chemicals, mining, food & beverage, and others. Based on geography, the world control valves market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Need for automation in the process industry
Rise in number of industrial infrastructure projects in developing countries
Advancement in technology
Expansion in oil and gas refineries
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MARKET LANDSCAPE
By Type
Pneumatic Control Valve
Hydraulic Control Valve
Electric Control Valve
By Application
Electrical Power
Oil & Gas
Water & Waste-Water
Automotive
Pharmaceuticals
Mining
Chemicals
Food & Beverages
Others
By Geography
North America
U.S.
Canada
Mexico
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Table Of Contents:
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter's Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Control Valve Market Shares Analysis, 2014-2025
3.4.1. Global Control Valve Market Share by type, 2014-2025
3.4.2. Global Control Valve Market Share by application, 2014-2025
3.4.3. Global Control Valve Market Share by geography, 2014-2025
4. Global Control Valve Market by Product Type
4.1. Pneumatic Control Valve
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Hydraulic Control Valve