
NEW YORK, Jan. 9, 2023 /PRNewswire/ -- The control valves market size is forecast to increase by USD 2597.26 million from 2022 to 2027, at a CAGR of 5.25%, according to the recent market study by Technavio. The growth of the market will be driven by rising investments in fluid handling, growth in renewable energy, and stringent environmental regulations.
Technavio categorizes the global control valves market as a part of the global industrial machinery market, which covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including Alfa Laval Corporate AB, Avcon Controls Pvt. Ltd., AVK Holding AS, Baker Hughes Co., Bray International Inc., Curtiss Wright Corp., DFT Inc., Emerson Electric Co, Flowserve Corp., Goodwin PLC, Honeywell International Inc., IMI Hydronic Engineering Inc., KSB SE and Co. KGaA, Parker Hannifin Corp., SAMSON AG, Schlumberger Ltd., Trillium Flow Technologies, Valmet Corp., Valvitalia SpA, and Watts Water Technologies Inc.
Gain access to detailed vendor profiles available with Technavio. Buy the report!
Key Benefits for Industry Players & Stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Expand operations in the future - To get requisite details, ask for a custom report.
Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
Get a holistic overview of the endoscopic closure devices market by industry experts to evaluate and develop growth strategies. Download the Sample
The market is segmented by application (pneumatic, electrical, and hydraulic), product (sliding shaft and rotating shaft), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
Segmentation by application (Inclusion/Exclusion)
- Pneumatic
The pneumatic segment shows a gradual increase in the market share of USD 6,047.74 million in 2017 and continued to grow until 2021. Chemical and petrochemical plants are vulnerable to high risks due to the complexity of different processes. These plants have to comply with strict regulatory and safety standards with respect to emissions. This has increased the importance of pneumatic control valves in the chemical and petrochemical industry. Similarly, the use of pneumatic control valves is increasing in the food and beverage industry to regulate and control the flow of fluids. All these factors are fostering the growth of the segment.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
What are the key data covered in this control valves market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the control valves market between 2023 and 2027
- Precise estimation of the size of the control valves market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the control valves market industry across APAC, Europe, North America, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of control valves market vendors
Related Reports:
- The butterfly valve market size is expected to increase by USD 2.66 billion from 2021 to 2026, at a CAGR of 4.7%. The recent developments are notably driving the butterfly valve market growth, although factors such as fluctuations in raw material prices may impede the market growth.
- The control valves market is estimated to grow at a CAGR of 5.25% between 2022 and 2027. The size of the market is forecast to increase by USD 2, 597.26 million. The rising investments in fluid handling are notably driving the market growth, although factors such as fluctuations in raw material prices may impede the market growth.
Control Valves Market Scope |
|
Report Coverage |
Details |
Page number |
169 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.25% |
Market growth 2023-2027 |
USD 2597.26 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.8 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 31% |
Key countries |
US, China, Russia, India, and Japan |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alfa Laval Corporate AB, Avcon Controls Pvt. Ltd., AVK Holding AS, Baker Hughes Co., Bray International Inc., Curtiss Wright Corp., DFT Inc., Emerson Electric Co, Flowserve Corp., Goodwin PLC, Honeywell International Inc., IMI Hydronic Engineering Inc., KSB SE and Co. KGaA, Parker Hannifin Corp., SAMSON AG, Schlumberger Ltd., Trillium Flow Technologies, Valmet Corp., Valvitalia SpA, and Watts Water Technologies Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global control valves market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global control valves market 2017 - 2021 ($ million)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Pneumatic - Market size and forecast 2022-2027
- Exhibit 34: Chart on Pneumatic - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Pneumatic - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Pneumatic - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Pneumatic - Year-over-year growth 2022-2027 (%)
- 6.4 Electrical - Market size and forecast 2022-2027
- Exhibit 38: Chart on Electrical - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Electrical - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Electrical - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Electrical - Year-over-year growth 2022-2027 (%)
- 6.5 Hydraulic - Market size and forecast 2022-2027
- Exhibit 42: Chart on Hydraulic - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Hydraulic - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Hydraulic - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Hydraulic - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 47: Chart on Product - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 49: Chart on Comparison by Product
- Exhibit 50: Data Table on Comparison by Product
- 7.3 Sliding shaft - Market size and forecast 2022-2027
- Exhibit 51: Chart on Sliding shaft - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Sliding shaft - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Sliding shaft - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Sliding shaft - Year-over-year growth 2022-2027 (%)
- 7.4 Rotating shaft - Market size and forecast 2022-2027
- Exhibit 55: Chart on Rotating shaft - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Rotating shaft - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Rotating shaft - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Rotating shaft - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Product
- Exhibit 59: Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Russia - Market size and forecast 2022-2027
- Exhibit 93: Chart on Russia - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Russia - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Russia - Year-over-year growth 2022-2027 (%)
- 9.11 India - Market size and forecast 2022-2027
- Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Alfa Laval Corporate AB
- Exhibit 112: Alfa Laval Corporate AB - Overview
- Exhibit 113: Alfa Laval Corporate AB - Business segments
- Exhibit 114: Alfa Laval Corporate AB - Key news
- Exhibit 115: Alfa Laval Corporate AB - Key offerings
- Exhibit 116: Alfa Laval Corporate AB - Segment focus
- 12.4 Avcon Controls Pvt. Ltd.
- Exhibit 117: Avcon Controls Pvt. Ltd. - Overview
- Exhibit 118: Avcon Controls Pvt. Ltd. - Product / Service
- Exhibit 119: Avcon Controls Pvt. Ltd. - Key offerings
- 12.5 AVK Holding AS
- Exhibit 120: AVK Holding AS - Overview
- Exhibit 121: AVK Holding AS - Product / Service
- Exhibit 122: AVK Holding AS - Key offerings
- 12.6 Baker Hughes Co.
- Exhibit 123: Baker Hughes Co. - Overview
- Exhibit 124: Baker Hughes Co. - Business segments
- Exhibit 125: Baker Hughes Co. - Key news
- Exhibit 126: Baker Hughes Co. - Key offerings
- Exhibit 127: Baker Hughes Co. - Segment focus
- 12.7 Bray International Inc.
- Exhibit 128: Bray International Inc. - Overview
- Exhibit 129: Bray International Inc. - Product / Service
- Exhibit 130: Bray International Inc. - Key offerings
- 12.8 Curtiss Wright Corp.
- Exhibit 131: Curtiss Wright Corp. - Overview
- Exhibit 132: Curtiss Wright Corp. - Business segments
- Exhibit 133: Curtiss Wright Corp. - Key offerings
- Exhibit 134: Curtiss Wright Corp. - Segment focus
- 12.9 DFT Inc.
- Exhibit 135: DFT Inc. - Overview
- Exhibit 136: DFT Inc. - Product / Service
- Exhibit 137: DFT Inc. - Key offerings
- 12.10 Emerson Electric Co
- Exhibit 138: Emerson Electric Co - Overview
- Exhibit 139: Emerson Electric Co - Business segments
- Exhibit 140: Emerson Electric Co - Key news
- Exhibit 141: Emerson Electric Co - Key offerings
- Exhibit 142: Emerson Electric Co - Segment focus
- 12.11 Flowserve Corp.
- Exhibit 143: Flowserve Corp. - Overview
- Exhibit 144: Flowserve Corp. - Business segments
- Exhibit 145: Flowserve Corp. - Key news
- Exhibit 146: Flowserve Corp. - Key offerings
- Exhibit 147: Flowserve Corp. - Segment focus
- 12.12 Goodwin PLC
- Exhibit 148: Goodwin PLC - Overview
- Exhibit 149: Goodwin PLC - Business segments
- Exhibit 150: Goodwin PLC - Key offerings
- Exhibit 151: Goodwin PLC - Segment focus
- 12.13 Honeywell International Inc.
- Exhibit 152: Honeywell International Inc. - Overview
- Exhibit 153: Honeywell International Inc. - Business segments
- Exhibit 154: Honeywell International Inc. - Key news
- Exhibit 155: Honeywell International Inc. - Key offerings
- Exhibit 156: Honeywell International Inc. - Segment focus
- 12.14 IMI Hydronic Engineering Inc.
- Exhibit 157: IMI Hydronic Engineering Inc. - Overview
- Exhibit 158: IMI Hydronic Engineering Inc. - Product / Service
- Exhibit 159: IMI Hydronic Engineering Inc. - Key offerings
- 12.15 KSB SE and Co. KGaA
- Exhibit 160: KSB SE and Co. KGaA - Overview
- Exhibit 161: KSB SE and Co. KGaA - Product / Service
- Exhibit 162: KSB SE and Co. KGaA - Key offerings
- 12.16 Parker Hannifin Corp.
- Exhibit 163: Parker Hannifin Corp. - Overview
- Exhibit 164: Parker Hannifin Corp. - Business segments
- Exhibit 165: Parker Hannifin Corp. - Key news
- Exhibit 166: Parker Hannifin Corp. - Key offerings
- Exhibit 167: Parker Hannifin Corp. - Segment focus
- 12.17 Watts Water Technologies Inc.
- Exhibit 168: Watts Water Technologies Inc. - Overview
- Exhibit 169: Watts Water Technologies Inc. - Product / Service
- Exhibit 170: Watts Water Technologies Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 171: Inclusions checklist
- Exhibit 172: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 173: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 174: Research methodology
- Exhibit 175: Validation techniques employed for market sizing
- Exhibit 176: Information sources
- 13.5 List of abbreviations
- Exhibit 177: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article