The global industrial valve market is expected to grow from USD 70.17 billion in 2018 to USD 93.79 billion by 2026, at a CAGR of 3.66% during the forecast period 2019-2026. One of the major factors driving the growth of the market is the rising demand from the power and chemical industries.
Industrial valves are built to handle high pressure, either from fluid or gas and to last through years of use in harsh environments. Most utilities, from water to oil and gas, have a high requirement of heavy-duty, industrial-strength valves. Industrial valves are of various types such as globe valves, ball valves, butterfly valves, check valves, pressure valves, gate valves, and diaphragm valves, etc. The flow of liquids or gases can be controlled using these valves. This can be done through pipes and other passageways by opening, closing, and partially obstructing the passageway or pipe.
Global Industrial valve Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.
The global industrial valve market has been segmented on the basis of type, industry vertical and end-user industry.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Industrial valve market in Asia Pacific is expected to grow at the CAGR of 9.3% during the forecast period, with the leading countries such as China, Japan, South Korea, and India. In developing countries, especially in China and India, valve suppliers are expected to benefit from rising urbanization. Large-scale migration from villages to cities will, in many cases, necessitate major upgrades to existing water supply and power generation infrastructures, bolstering valve sales in the process. The largest and most advanced industrial valve industries are typically located in the developed nations. China, however, is the one key exception to this rule, with the country being the world’s largest valve producing nation in 2018 and accounting for 20 percent of global shipments.
Global Industrial valve Market Competitive Analysis:
Key players in the global industrial valve market are Curtiss-Wright Corp., Emerson Electric, KSB AG, Flowserve Corporation, Kitz Corp., Delta-Pacific Valves Ltd., CIRCOR International, AlfaLaval AB, AVK Group, Camtech Manufacturing FZCO, Cameron International, Goodwin PLC, GWC Valve International Inc., and Watts Water Technologies, Inc. among others. The global industrial valve market is highly fragmented with the presence of numerous players in the industry. The companies are mainly focusing on product innovation, merger and acquisition, and geographical expansion to gain a major share in the market.
In December 2018, Emerson announced that it has acquired Advanced Engineering Valves, a leading manufacturer of innovative valve technology that helps LNG customers operate more efficiently.
In February 2018, KSB Pumps Ltd has secured a €55 million order from M/s Nuclear Power Corporation of India (NPCIL) to supply primary coolant pumps as a part of the Make in India initiative.
In April 2017, Pentair plc announced that it has completed the sale of its Valves & Controls business to Emerson Electric Co for USD 3.15 billion, subject to customary working capital adjustments.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Markets has segmented the global industrial valve market on the basis of below-mentioned segments:
Global Industrial valve Market by Product:
Global Industrial valve Market by Industry vertical:
Global Industrial valve Market by Region:
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Industry vertical
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2.1. The immense rise in demand for power in developing regions has given rise to the need for power plant investments, leading to an increase in demand for industrial valves
5.2.2. Replacement of manual valves with smart valves drives the market in the developed regions
5.2.3. Process-oriented manufacturing units strive to continuously increase their operating efficiencies, resulting in an increase in demand for valves
5.3.1. High cost of industrial valve
5.4.1. Increased adoption of diagnostics and smart technology in industrial valves
5.5.1. Drop-in requirement from petrochemical industries
6. Global Industrial Valve Market Analysis and Forecast, By Product
6.1. Segment Overview
7. Global Industrial Valve Market Analysis and Forecast, By Industry vertical
7.1. Segment Overview
7.2. Oil & Gas
7.5. Municipal Wastewater
7.7. Food & Beverage
8. Global Industrial Valve Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.5. South America
8.6. Middle East and Africa
8.6.2. South Africa
9. Global Industrial Valve Market-Competitive Landscape
9.2. Market Share of Key Players in the Industrial Valve Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
10. Company Profiles
10.1. Curtiss-Wright Corp.
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Type Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Emerson Electric
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Type Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. KSB AG
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Type Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Flowserve Corporation
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Type Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Kitz Corp.
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Type Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Delta-Pacific Valves Ltd.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Type Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. CIRCOR International
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Type Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. AlfaLaval AB
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Type Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. AVK Group
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Type Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Camtech Manufacturing FZCO
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Type Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Cameron International
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Type Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Goodwin PLC
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Type Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. GWC Valve International Inc.
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Type Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Watts Water Technologies, Inc.
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Type Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
List of Table
List of Figures
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