Industrial Valve Market
The latest report published by DataM Intelligence highlights the growth prospects of Industrial Valve market. The industry expansion is majorly driven by developments in technology across the globe.
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The Global Industrial Valve Market is estimated to reach at a CAGR of 4.6% during the forecast period 2024-2031.
The Industrial Valve Market encompasses the production and supply of valves used to control the flow of liquids, gases, and slurries in various industrial processes. These valves are crucial in sectors like oil and gas, water treatment, power generation, and chemicals. Innovations in valve technology aim to improve efficiency, durability, and safety across industries worldwide.
Competitive Evaluation:
Companies covered in this report are AVK Holding A/S, Avcon Controls Pvt Ltd, Cameron – Schlumberger, Crane Co., Emerson, Flowserve Corporation, Forbes Marshall, Bosch Rexroth, Kitz Corporation and Metso Corporation.
The Industrial Valve Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.
Key Development
On August 22, 2022, Sun Hydraulics, an operating company of Helios Technologies, Inc., launched a new program featuring their Sun Common cartridge valves. These valves were designed to provide cross compatibility options and offer reliable, versatile solutions for a broad spectrum of hydraulic systems. They cater to everything from high-demand applications requiring multidirectional fluid flow to simpler systems with lower pressure requirements.
On February 4, 2020, AWC Frac Valves, Inc. rebranded as AWC Frac Technology following the launch of their latest version of large-bore, high-pressure API 6A gate valve products. The rebrand marks the company’s shift towards innovative solutions for the full frac stack, enhancing their focus on advancing technology for hydraulic fracturing operations.
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Industrial Valve Market Segments
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Valve: Ball Valve, Butterfly Valve, Gate Valve, Globe Valve, Plug Valve, Diaphragm Valve, Safety Valve, Control Valve.
By Material: Steel, Cast Iron, Alloy Based, Cryogenic, Others.
By Size: Up to 1″, 1″-6″, 6″-25″, 25″-50″, 50″ & Above.
By Application: Oil & Gas, Water & Wastewater, Energy & Power, Chemical, Food & Beverages, Pharmaceutical, Building and Construction, Others.
Regional Assessment:
Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Industrial Valve market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
In terms of geographical analysis, Industrial Valve Market report provides an in-depth view of:-
∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies
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This report provides a 360-degree synopsis of the competitive scenario of the Industrial Valve industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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