Global Industrial Cartridge Valves Market Will Grow at a CAGR 2.3% and Reach USD 39.1 Billion by 2023, from USD 34.1 Billion in 2017
New Global Industrial Cartridge Valves Market Report Covers market forecast and top Companies like HydraForce, Sun, Parker, Bosch-Rexroth, Eaton and others.
Lewes, DE -- (SBWire) -- 07/31/2018 --Industrial Cartridge Valves market will register a 2.3% CAGR in terms of revenue, reach US$ 39100 million by 2023, from US$ 34100 million in 2017.
This report studies the Industrial Cartridge Valves market.
Industrial Cartridge valve is a control valve which can control stopping and opening of liquid's circulating line. It generally components of valve core, valve cover, a spring and a sealing ring. According to the installation, it can be divided into two kinds, slip-in cartridge valve and screw-in cartridge valve.
These cartridge valves are a compact design that can be used in hydraulic manifold systems for many types of industrial and mobile machinery. These products are ideal for applications which require high flow rates and leak-free control.
Cartridge valve downstream is wide and the main application fields are construction machinery, material handling equipment and agricultural machinery. Globally, the cartridge valve consumption market is mainly driven by growing demand for construction machinery. Construction machinery accounts for nearly 50% of total downstream consumption of cartridge valve in global.
According to the installation, it can be divided into two kinds, slip-in cartridge valve and screw-in cartridge valve. Screw-in cartridge valve is the main product, capturing about 87.93% of global consumption of cartridge valve in 2016.
According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of cartridge valve. Europe is the largest production and consumption region. In 2016, the Europe production of cartridge valve is 13526.3 K Units and consumption is about 11067.5 K Units, accounting for about 29.37% of global consumption. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.
Over the next five years,study projects that Industrial Cartridge Valves will register a 2.3% CAGR in terms of revenue, reach US$ 39100 million by 2023, from US$ 34100 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
HydraForce
Sun
Parker
Bosch-Rexroth
Eaton
Bucher
Comatrol(Danfoss)
Moog
Hydac
Delta
Walvoil
Hawe
YUKEN
Taifeng
Keta
Haihong Hydraulics
Atos
Koshin Seikosho
CBF
SHLIXIN
Hoyea
HUADE
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Screw-in Cartridge Valve
Slip-in Cartridge Valve
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Construction Machinery
Material Handling Equipment
Agricultural Machinery
Other
Spanning over 164 pages "Forecast of Global Industrial Cartridge Valves Market 2023" report covers Industrial Cartridge Valves Market Overview, Global Industrial Cartridge Valves Sales, Revenue (Value) and Market Share by Players, Global Industrial Cartridge Valves Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Industrial Cartridge Valves Sales, Revenue and Price, Europe Top 5 Players Industrial Cartridge Valves Sales, Revenue and Price, Asia-Pacific Top 5 Players Industrial Cartridge Valves Sales, Revenue and Price, South America Top 5 Players Industrial Cartridge Valves Sales, Revenue and Price, Middle East & Africa Top 5 Players Industrial Cartridge Valves Sales, Revenue and Price, Global Industrial Cartridge Valves Players Profiles/Analysis, Global Industrial Cartridge Valves Market Forecast (2018-2023), Industrial Cartridge Valves Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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