Press release
Global Control Valve Market worth US$ 15.5 Bn until the end of 2026 | Key Players are Flowserve Corp, Metso Plc, Dresser Inc, etc.
Fact.MR has published a new research report on global control valve market sizes, upcoming industry trends and growth opportunity through 2017-2026 to its online database that tries to unveil the various scenarios prevailing in the global control valve market insights. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the control valve market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers.
Get A Sample Copy of Market Report Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=439
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s recent forecast study, the global market for control valves is expected to incur a steady expansion during the forecast period, 2017-2026. The report estimates that the global control valve market will register a 5.5% CAGR in terms of value over the forecast period. By the end of 2026, more than 18,334 thousand units of control valves are expected to be sold across the globe.
Adoption of Pneumatic Control Valve Actuation Technology to Remain Predominant
Through 2026, majority of control valves being sold in the global market will be developed on pneumatic control valve actuation technology. Effectiveness of pneumatic actuation technology in regulating system pressure and directing the pressure flow systematically continues to drive the sales of these control valves. In 2017, more than 3,650 thousand units of control valves were sold across the globe. The report further reveals that increasing sales of EVs and hybrids will drive the adoption of control valves developed on electric actuation technology. Over the forecast period, electric control valves are estimated to register highest CAGR of 6.6% in terms of volume.
By 2026-end, around 5,000 Thousand Units of Ball Valves are Expected to be Sold Globally
The report has forecasted that ball valves will represent top-selling control valve in the global landscape. The adoption of ball valves remains predominantly high in the industrial marketplace for their efficiency in working at non-lubricated conditions and maintaining the regularization of high pressures and high temperature flows. On the other hand, butterfly valve and globe valve will witness a surging demand, reflecting a volume CAGRs of 6% and above respectively over the forecast period. The report also reveals that control valves will find the most lucrative applications in the oil & gas industry. By 2026-end, nearly one-fourth of global control valve market volumes will be accounted by the oil & gas applications of control valves.
Have Any Question? Ask Our Industry Experts - https://www.factmr.com/connectus/sample?flag=AE&rep_id=439
Competition Tracking
Leading manufacturers of control valves have been extensively profiled in this report. Companies namely, Emerson Electric Co., Schlumberger Limited, Honeywell International Inc., General Electric Company, Goodwin International Ltd., Flowserve Corp, Metso Plc, Dresser Inc., Burkert Fluid Control Systems, Crane Co., Velan, Inc., Pentair Limited, Dual Products Intl. Cc, Samson AG, MIL Control Limited, IMI Plc., Curtiss-Wright, Neway Valves, and Spirax Sarco, among others, are recognized as the leading players in the global control valve market. These companies are expected to instrument the global production of control valve through 2026.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Get A Sample Copy of Market Report Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=439
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s recent forecast study, the global market for control valves is expected to incur a steady expansion during the forecast period, 2017-2026. The report estimates that the global control valve market will register a 5.5% CAGR in terms of value over the forecast period. By the end of 2026, more than 18,334 thousand units of control valves are expected to be sold across the globe.
Adoption of Pneumatic Control Valve Actuation Technology to Remain Predominant
Through 2026, majority of control valves being sold in the global market will be developed on pneumatic control valve actuation technology. Effectiveness of pneumatic actuation technology in regulating system pressure and directing the pressure flow systematically continues to drive the sales of these control valves. In 2017, more than 3,650 thousand units of control valves were sold across the globe. The report further reveals that increasing sales of EVs and hybrids will drive the adoption of control valves developed on electric actuation technology. Over the forecast period, electric control valves are estimated to register highest CAGR of 6.6% in terms of volume.
By 2026-end, around 5,000 Thousand Units of Ball Valves are Expected to be Sold Globally
The report has forecasted that ball valves will represent top-selling control valve in the global landscape. The adoption of ball valves remains predominantly high in the industrial marketplace for their efficiency in working at non-lubricated conditions and maintaining the regularization of high pressures and high temperature flows. On the other hand, butterfly valve and globe valve will witness a surging demand, reflecting a volume CAGRs of 6% and above respectively over the forecast period. The report also reveals that control valves will find the most lucrative applications in the oil & gas industry. By 2026-end, nearly one-fourth of global control valve market volumes will be accounted by the oil & gas applications of control valves.
Have Any Question? Ask Our Industry Experts - https://www.factmr.com/connectus/sample?flag=AE&rep_id=439
Competition Tracking
Leading manufacturers of control valves have been extensively profiled in this report. Companies namely, Emerson Electric Co., Schlumberger Limited, Honeywell International Inc., General Electric Company, Goodwin International Ltd., Flowserve Corp, Metso Plc, Dresser Inc., Burkert Fluid Control Systems, Crane Co., Velan, Inc., Pentair Limited, Dual Products Intl. Cc, Samson AG, MIL Control Limited, IMI Plc., Curtiss-Wright, Neway Valves, and Spirax Sarco, among others, are recognized as the leading players in the global control valve market. These companies are expected to instrument the global production of control valve through 2026.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
