Control Valve Market is expected to grow at a compound annual growth rate of 7.13% over the period to reach a total market size of US$13.628 billion by 2021, from US$9.015 billion in 2015. Control valve helps to regulate the rate of flow of the fluid to control various process parameters such as pressure, fluid level, and temperature. These are controlled by closing or opening of the valve in response to the signal received. Increased investment in automation in industries such as oil and gas serves is a key factor driving the market growth. Efficiency, safety, and profitability are also increased by the use of control valves in various industries such as Energy and Mining. Asia Pacific market is expected to grow at a high CAGR due to rising number of industrial projects and increasing investment in infrastructure and energy projects.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Control Valves. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
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Thirdly, Control Valve market has been segmented on the basis of type and End User. On the basis of type, the market is segmented into Hydraulic, Pneumatic, and Electric. Under end user oil & gas, energy & power, water and wastewater, mining among others have been covered. Important regions for vendors in terms of market size are covered through detailed geographical segmentation. Geographical regions covered as a part of this section are Americas, Europe Middle East and Africa and Asia Pacific.
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Pentair, Velan, IMI PLC, GE Oil & Gas, Emerson Process Management, Crane, Samson, and Flowserve Corporation
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