Global Industrial Valves Market Manual Valve, Solenoid Valve, Control Valve)

Date: 11 September 2018

What does the study recommend to the industry players in the Industrial Valves market?

Global Industrial Valves market is expected to grow at a CAGR of 4.2% during 2018-2023, mainly due to improvement in the global economy coupled with rising capital expenditure in Oil & Gas, Chemical, Food processing, Construction and Power sector.

In today’s economic environment, companies in the valve industry must look for new ways to grow their business, and this commonly involves branching out into global markets in which they have not previously done business. Preserving the status quo does not drive growth.Manufacturers will need to do something different in order to win market share in today’s environment. They have to focus on entering into new geographic markets.

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Industrial valve industry is highly fragmented,according to our research some of largest 10 global manufacturers hold only 15%share of global industrial valve market. It is quite possible to gain market share by adopting new technology and improving supply chain management, branding and quality of product according to customers need.

What are the major Industrial Valves segments covered in the AzothAnalytics report?

The major bio material segments covered in the report include

·        By Valve Type (Ball, Butterfly, Gate, Globe, Check, Plug, Safety, Diaphragm, Others)

·        By Technology (Manual Valve, Solenoid Valve, Control valve)

·        By Size(Up to 1”, 1.1”- 6”, 6.1”- 25”, 25.1”- 50”, Above 50”)

What are the regions and countries covered in the study on Industrial Valves market?

The regional markets covered in the report include North America, Europe, Asia Pacifi,RoW.

The countries analyzed in the report include U.S, Canada, Mexico, Germany, U.K,France, China, India, Japan.

Name the companies profiled in the report?

The companies profiled in the report include Flow serve Corporation, Schlum berger,Baker Hughes, Emerson Electric corp., Crane Corporation, IMI Plc., METSO, VELAN,Spirax Sarco, Forbes Marshal.

What are the key factors driving the market of Industrial Valves?

·        Industrial development of various sectors such as Chemicals, Metals, Food & Beverage etc.

·        High demand for energy in APAC.

·        Focusing towards development of smart cities in China and India

·        Rising Demand for Automation from Manufacturing and Process Industries for Predictive Maintenance and Monitoring