Global Control Valve Market 2018-2023: An $11.76 Billion Opportunity - Control Valves Expected to Witness Major Adoption in India - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 27, 2018--The “Global Control Valve Market - Segmented by Type, End-User Vertical (Oil and Gas, Power Generation, Chemical, Water and Wastewater Management, Mining), and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global control valve market was valued at USD 9.76 billion in 2017 and is expected to register a CAGR of 3.67% during the forecast period of 2018-2023, to reach USD 11.76 billion.
Increasing need for wireless infrastructure to maintain/monitor equipment in various plants, rising demand for control valves for oil and gas and sub-sea applications, new oil explorations and revamp of old sites in the Middle East are expected to remain the major driving factors during the forecast period.
However, high initial investments in valve projects, coupled with the downtime due to the repairing of valves is expected to hinder the overall market growth.
Key HighlightsGlobe Valves Expected to Hold the Largest Market Share Control Valves Expected to Witness Major Adoption in India
Notable DevelopmentsMass Flow ONLINE B.V., the e-commerce channel of the Netherlands-based Bronkhorst High-Tech B.V., released a new series of pressure compensated control valves. Weir Valves & Controls UK confirmed the design and built of one of the largest ever tungsten carbide control valves, designed to tackle the issues associated with black powder.
Key Topics Covered
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Market Segmentation
6. Competitive Intelligence - Company ProfilesAlfa Laval Burkert Fluid Control System Crane Co. Curtiss-Wright Corporation Emerson Process Management Flowserve Corporation IMI PLC Kitz Corporation Metso Corporation Neway Valves (Suzhou) Co. Ltd. Pentair PLC Samson AG The Weir Group PLC Velan Inc.
7. Investment Analysis
8. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/wfvmmt/global_control?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180827005339/en/
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INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING ENGINEERING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 08/27/2018 09:45 AM/DISC: 08/27/2018 09:45 AM