Global Control Valves Market by Type (Pneumatic, Hydraulic, Electric),by Application (Power generation, Oil & gas, Waste water management, Automotive, Pharmaceuticals, Mining, Chemicals, Food and Beverages, Others), Industry trends, estimation & forecast, 2015 - 2024
Control Valve Market garnered a revenue at $9 billion in 2016 and is projected to reach $16 billion by 2024, having a CAGR of 7.7 % during the forecast period of 2017 to 2024.In 2016, the pneumatic control valve market generated the highest revenue share in the global control valve market.
A device which is capable of controlling flow at changing degrees between minimal flow and full capacity in response to a signal which is generated from an external control device. In any control loop, a control valve is referred to a final control element, as it completes the physical work and directly affects the whole process. Valve usually has an actuators mounted on it which helps the control of flow by the movement of valve plug. Oil & petroleum industry has an extensive use of control valves for the modulation of different liquids, having different viscosities.
Market Dynamics
A constant growth in investments done in favor of oil and gas industry owing to hiked power demands is driving the control valve market growth globally. Moreover, drastically growing demand of food and beverage industry as a result of increasing population is also a major driving force for the market growth. Automation has become a necessity in every process industry nowadays. Increasing number of new industrial and infrastructural projects in developing countries can act as a driving force for the growth of control valve market. However, hiking demands of unconventional power, inefficient logistics and supply system and intense competition are supposed to resist the market growth in the near future. Control valve manufacturers are constantly engaged in the R&D activities in order to design their product in compliance with the current requirements of varied industries across the globe, opening future growth opportunities for the market.
Market Segmentation
The global control valve market is segmented on the basis of valve type, application and geography. By type, the market is segmented as Pneumatic control valves, Hydraulic control valves and Electric control valves. On the basis of application, the market is segmented as power generation, oil & gas, waste water management, automotive, pharmaceuticals, mining, chemicals, food and beverages and others. Geographically, the market is segmented as North America, Europe, Asia-Pacific and Rest of World. Out of major geographies, North America is expected to dominate the regional market over the forecast period.
Major market players are Metso Corporation, Samson AG, Electric CO, MIL Control Limited, Flowserve Corporation, Pentair PC, Velan Inc.,Crain Fluid Inc., General electric company, IMI Plc. (UK)
GLOBAL CONTROL VALVE MARKET SEGMENTATION
By Type
• Pneumatic control valves
• Hydraulic control valves
• Electric control valves
By Application
• Power generation
• Oil & gas
• Waste water management
• Automotive
• Pharmaceuticals
• Mining
• Chemicals
• Food and Beverages
• Others
By Geography
North America
• U.S
• Canada
• Mexico
Europe
• U.K
• Germany
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• South Korea
• Rest of APAC
ROW
• Latin America
• Middle East
• Africa
KEY MARKET PLAYERS
• Metso Corporation
• Samson AG
• Electric Co.
• MIL Control Limited
• Flowserve Corporation
• Velan Inc.
• Crane Fluid Inc.
• General electric company
• Pentair Plc
• Samson AG
• IMI Plc. (UK)
CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. RESEARCH SCOPE
CHAPTER 2. MARKET OVERVIEW
2.1. RESEARCH SUMMARY
2.2. VALUE CHAIN ANALYSIS
2.3. FIVE FORCES ANALYSIS
2.4. MARKET PLAYER POSITIONING
2.5. DEMAND FORECAST
2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.7. MARKET DETERMINANTS
2.7.1. Drivers
2.7.1.1. Rising demand for control valves in the pharmaceuticals and food & beverages industry
2.7.1.2. Growing oil and gas industry
2.7.1.3. Increasing infrastructure projects
2.7.2. Restraints
2.7.2.1. Downtime due to repairing of valves
2.7.2.2. Intense competition among local manufacturers
2.7.3. OPPORTUNITIES
2.7.3.1. High investment in hydrocarbon industry
CHAPTER 3. GLOBAL CONTROL VALVE MARKET BY TYPE
3.1. SEGMENT OUTLINE
3.2. GLOBAL CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024
3.3. PNEUMATIC CONTROL VALVE
3.3.1. Current trends
3.3.2. Market growth indicators
3.3.3. Global pneumatic control valve market revenue by region, 2016-2024 ($Million)
3.4. HYDRAULIC CONTROL VALVE
3.4.1. Current trends
3.4.2. Market growth indicators
3.4.3. Global hydraulic control valve market revenue by region, 2016-2024 ($Million)
3.5. ELECTRIC CONTROL VALVE
3.5.1. Current trends
3.5.2. Market growth indicators
3.5.3. Global electric control valve market revenue by region, 2016-2024 ($Million)
CHAPTER 4. GLOBAL CONTROL VALVE MARKET BY APPLICATION
4.1. SEGMENT OUTLINE
4.2. GLOBAL CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024
4.3. POWER GENERATION
4.3.1. Current trends
4.3.2. Market growth indicators
4.3.3. Global power generation market revenue by region, 2016-2024
4.4. OIL AND GAS
4.4.1. Current trends
4.4.2. Market growth indicators
4.4.3. Global oil and gas market revenue by region, 2016-2024
4.5. WASTE WATER MANAGEMENT
4.5.1. Current trends
4.5.2. Market growth indicators
4.5.3. Global wastewater management market revenue by region, 2016-2024
4.6. AUTOMOTIVE
4.6.1. Current trends
4.6.2. Market growth indicators
4.6.3. Global automotive market revenue by region, 2016-2024
4.7. PHARMACEUTICALS
4.7.1. Current trends
4.7.2. Market growth indicators
4.7.3. Global pharmaceuticals market revenue by region, 2016-2024
4.8. MINING
4.8.1. Current trends
4.8.2. Market growth indicators
4.8.3. Global mining market revenue by region, 2016-2024
4.9. CHEMICALS
4.9.1. Current trends
4.9.2. Market growth indicators
4.9.3. Global chemicals market revenue by region, 2016-2024
4.10. FOOD AND BEVARAGES
4.10.1. Current trends
4.10.2. Market growth indicators
4.10.3. Global food and bevarages market revenue by region, 2016-2024
4.11. OTHERS
4.11.1. Current trends
4.11.2. Market growth indicators
4.11.3. Global other market revenue by region, 2016-2024
CHAPTER 5. GLOBAL CONTROL VALVE MARKET BY GEOGRAPHY
5.1. SEGMENT OUTLINE
5.2. GLOBAL CONTROL VALVE MARKET REVENUE BY GEOGRAPHY, 2016-2024
5.3. NORTH AMERICA
5.3.1. Market trends
5.3.2. Market growth indicators
5.3.3. North America control valve market revenue by type, 2016-2024
5.3.4. North America control valve market revenue by application, 2016-2024
5.3.5. North America control valve market revenue by country, 2016-2024
5.4. EUROPE
5.4.1. Market trends
5.4.2. Market growth indicators
5.4.3. Europe control valve market revenue by type, 2016-2024
5.4.4. Europe control valve market revenue by application, 2016-2024
5.4.5. Europe control valve market revenue by country, 2016-2024
5.5. ASIA PACIFIC
5.5.1. Market trends
5.5.2. Market growth indicators
5.5.3. APAC control valve market revenue by type, 2016-2024
5.5.4. APAC control valve market revenue by application, 2016-2024
5.5.5. APAC control valve market revenue by country, 2016-2024
5.6. REST OF THE WORLD
5.6.1. Market trends
5.6.2. Market growth indicators
5.6.3. ROW control valve market revenue by type, 2016-2024
5.6.4. ROW control valve market revenue by application, 2016-2024
5.6.5. ROW control valve market revenue by country, 2016-2024
CHAPTER 6. KEY VENDOR PROFILES
6.1. METSO CORPORATION
6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Business overview
6.1.4. Strategic attempts
6.2. SAMSON AG
6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Business overview
6.2.4. Strategic attempts
6.3. ELECTRIC CO
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Business overview
6.3.4. Strategic attempts
6.4. MIL CONTROL LIMITED
6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Business overview
6.4.4. Strategic attempts
6.5. FLOWSERVE CORPORATION
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Business overview
6.5.4. Strategic attempts
6.6. PENTAIR PC
6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Business overview
6.6.4. Strategic attempts
6.7. VELAN INC.
6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Business overview
6.7.4. Strategic attempts
6.8. CRAIN FLUID INC.
6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Business overview
6.8.4. Strategic attempts
6.9. GENERAL ELECTRIC COMPANY
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Business overview
6.9.4. Strategic attempts
6.10. IMI PLC (U.K.)
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Business overview
6.10.4. Strategic attempts
TABLE NO 1. GLOBAL CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 2. GLOBAL PNEUMATIC CONTROL VALVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 3. GLOBAL HYDRAULIC CONTROL VALVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 4. GLOBAL ELECTRIC CONTROL VALVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 5. GLOBAL CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
TABLE NO 6. GLOBAL POWER GENERATION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 7. GLOBAL OIL AND GAS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 8. GLOBAL WASTE WATER MANAGEMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 9. GLOBAL AUTOMOTIVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 10. GLOBAL PHARMACEUTICALS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 11. GLOBAL MINING MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 12. GLOBAL CHEMICALS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 13. GLOBAL FOOD AND BEVARAGES MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 14. GLOBAL OTHER MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
TABLE NO 15. GLOBAL CONTROL VALVE MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION)
TABLE NO 16. NORTH AMERICA CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 17. NORTH AMERICA CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
TABLE NO 18. NORTH AMERICA CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 19. EUROPE CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 20. EUROPE CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
TABLE NO 21. EUROPE CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 22. APAC CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 23. APAC CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
TABLE NO 24. APAC CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
TABLE NO 25. ROW CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 26. ROW CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
TABLE NO 27. ROW CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 1. VALUE CHAIN ANALYSIS
FIGURE NO 2. PORTER’S FIVE FORCES ANALYSIS
FIGURE NO 3. MARKET SHARE ANALYSIS
FIGURE NO 4. INVESTMENT OPPORTUNITIES
FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
FIGURE NO 6. KEY IMPACTING FACTORS
FIGURE NO 7. GLOBAL CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 8. GLOBAL PNEUMATIC CONTROL VALVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 9. GLOBAL HYDRAULIC CONTROL VALVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 10. GLOBAL ELECTRIC CONTROL VALVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 11. GLOBAL CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
FIGURE NO 12. GLOBAL POWER GENERATION MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 13. GLOBAL OIL AND GAS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 14. GLOBAL WASTE WATER MANAGEMENT MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 15. GLOBAL AUTOMOTIVE MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 16. GLOBAL PHARMACEUTICALS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 17. GLOBAL MINING MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 18. GLOBAL CHEMICALS MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 19. GLOBAL FOOD AND BEVERAGES MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 20. GLOBAL OTHER MARKET REVENUE BY REGION, 2016-2024 ($MILLION)
FIGURE NO 21. GLOBAL CONTROL VALVE MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION)
FIGURE NO 22. NORTH AMERICA CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 23. NORTH AMERICA CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
FIGURE NO 24. NORTH AMERICA CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 25. EUROPE CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 26. EUROPE CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
FIGURE NO 27. EUROPE CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 28. APAC CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) 59
FIGURE NO 29. APAC CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
FIGURE NO 30. APAC CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
FIGURE NO 31. ROW CONTROL VALVE MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) 64
FIGURE NO 32. ROW CONTROL VALVE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION)
FIGURE NO 33. ROW CONTROL VALVE MARKET REVENUE BY COUNTRY, 2016-2024 ($MILLION)
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