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Control Valves Market to grow by $ 2.06 Billion | COVID-19 Impact Analysis, Key Drivers, Trends, and Products Offered by Major Vendors | Technavio

120-page report and in-depth TOC analyzes the control valves market by product (sliding shaft and rotating shaft), end-user (power, oil and gas, chemical, water and wastewater (WWI), and others), and geography (APAC, Europe, North America, MEA, and South America).

Technavio (PRNewsfoto/Technavio)

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Technavio

Apr 06, 2021, 21:10 ET

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NEW YORK, April 6, 2021 /PRNewswire/ --

The global control valves market is expected to grow by USD 2.06 billion, exhibiting a CAGR of almost 5% during 2021-2025, according to Technavio's latest market report. Based on our research, the industrial machinery sector witnessed a negative impact due to the widespread growth of the COVID-19 pandemic. The report also throws light on the pre- and post-impact of COVID-19 on businesses.

Technavio has announced its latest market research report titled Control Valves Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Control Valves Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

Download Free Sample Report Instantly

The sliding shaft segment will generate maximum revenue in the control valves market, owing to the better precision of sliding shaft valves compared to rotary shaft valves. In terms of geography, APAC will present significant opportunities for market vendors due to the rapid growth in the food and beverages industry and oil refining capacities.

Control Valves Market: Major Growth Drivers

The following factors are expected to drive the growth of the market during the forecast period:

  • Rising investments in fluid handling
  • Growth in renewable energy
  • Stringent environmental regulations

In addition, the report identifies developments in control valves positioners as a major trend in the control valves market. Control valves have undergone several changes in terms of design, performance, and technology to meet evolving requirements from end-users. For instance, some vendors are introducing smart positioners in control valves that eliminate the need for external software. The market is also witnessing the advent of automated control valves that automatically monitors the supply air, output air, emissions, and emergency shutdown solenoids. Many such developments are expected to positively influence the market growth during the forecast period.

The report helps businesses create strategies to make the most of future growth opportunities.

Request a Free Sample Report Now!

Control Valves Market: Key Vendor Offerings

Alfa Laval AB: The company offers control valves that ensure single directional product flow through process lines.

AVK Holding AS: The control valves offered by the company provides protection for process equipment that can be affected by reverse flow and prevents pressure surges and/or system shutdown.

Curtiss-Wright Corp.: The product portfolio includes a wide range of control valves catering to various end-user applications including clean rooms, chain conveyors, good packaging, and precision assembly.

Emerson Electric Co.: The control valve offered by the company comes with a broad range of applications. The precision-machined parts and pressure-balanced seal designs allow smooth, precise valve operation.

Flowserve Corp.: The company offers control valves which has intuitive multi-touch control and can be safely operated even directly at the production line. Their sensors also feature interfaces to all standard robot systems, guaranteeing fast set-up while minimizing downtimes and integration costs.

Reasons to Buy Control Valves Market Report:

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist control valves market growth during the next five years
  • Estimation of the control valves market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the control valves market across APAC, Europe, North America, MEA, and South America
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of control valves market vendors

This report can be personalized according to your business needs.

Enquire Before Purchasing

Related Reports on Industrials Include:

Global High-Pressure Valves Market – Global high-pressure valves market is segmented by product (quarter-turn valves, multi-turn valves, and control valves), end-user (oil and gas industry, mining industry, chemical industry, water and wastewater industry, and others), and geography (APAC, Europe, MEA, North America, and South America).

Receive an Exclusive Free Sample Report

Global Industrial Valves and Actuators Market – Global industrial valves and actuators market is segmented by product (industrial quarter-turn valves, multi-turn valves, industrial actuators, and industrial control valves), end-user (chemicals and oil & gas industry, water and wastewater industry, power industry, mining and minerals industry, and other industries), and geography (APAC, Europe, MEA, North America, and South America).

Receive an Exclusive Free Sample Report

About Us
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/
Free Sample Report: https://www.technavio.com/report/control-valves-market-industry-analysis

SOURCE Technavio

Related Links

http://www.technavio.com/

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