Semiconductors and Electronics

Global Industrial Valves Market Key players| Schlumberger Limited; Neway valve; Spirax-Sarco Engineering plc; Flowserve Corporation Forecast 2019-2026

Global Industrial Valves Market

Global Industrial Valves Market is expected to rise from its initial estimated value of USD 7025 billion in 2018 to a projected value of USD 94.52 billion by 2026, registering a CAGR of 3.78% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in demand of the product from energy & power and oil & gas industries.

Get Sample Copy of This Premium Report@https://databridgemarketresearch.com/request-a-sample/?dbmr=global-industrial-valves-market

Global Industrial Valves Market

Industrial valves can be defined as mechanical devices that are utilized in various mechanical equipments and devices for controlling/managing the flow in a structured system. These valves are categorized on the basis of their functioning as well as their shape and size.

Segmentation: Global Industrial Valves Market

Global industrial valves market is segmented on the basis of:

  • Material – Stainless Steel, Cast Iron, Cryogenic, Alloy Based, Others
  • Valve Type – Ball Valves, Butterfly Valves, Check Valves, Diaphragm Valves, Gate Valves, Globe Valves, Plug Valves, Safety Valves
  • Product – Quarter-Turn Valve, Multi-Turn Valve, Others
  • Size – Upto 1”, 1-6”, 6-25”, 25-50”, More than 50”
  • End-Use Industry – Water & Wastewater Treatment, Oil & Gas, Chemicals & Petrochemicals, Energy & Power, Agriculture, Pulp & Paper, Food & Beverage Processing, Metals & Mining, Pharmaceuticals, Construction, Others
  • Geography– North America, South America, Europe, Asia-Pacific, Middle East and Africa

Get a Exclusive TOC report @https://databridgemarketresearch.com/toc/?dbmr=global-industrial-valves-market

Key Market Competitors: Global Industrial Valves Market

Few of the major market competitors currently working in the industrial valves market are Schlumberger Limited; Neway valve; Spirax-Sarco Engineering plc; Flowserve Corporation; KITZ Corporation; IMI plc; Metso Corporation; The Weir Group PLC; Crane Co.; SPX Corporation; Emerson Electric Co.; Kim Valves Australia PTY Ltd.; AVK Holding A/S; Swagelok Company; Samson AG; Avcon Controls Pvt Ltd; Conbraco Industries Inc.; Forbes Marshall; Ham Let Israel Canada Ltd; Dwyer Instruments, Inc.; EBRO ARMATUREN Gebr. Bröer GmbH; ALFA LAVAL; Velan Inc.; CIRCOR International, Inc.; Curtiss-Wright Corporation; Danfoss; Georg Fischer Ltd.; Baker Hughes, a GE company LLC; Hitachi Metals, Ltd.; Honeywell International Inc.; ITT INC.; Mueller Water Products, Inc.; NIBCO INC.,; OKANO VALVE MFG. CO. LTD.; TechnipFMC plc; Valvitalia SpA; Xylem and DunAn.

Recent Developments

  • In March 2019, Hunt Valve Company announced that they had completed the acquisition of Montreal Bronze Limited. This acquisition will help Hunt Valve in developing high-performance, cost-effective methods of development of these valves as they will be equipped with the required knowledge to supply Navy for the foreseeable future.
  • In October 2018, AURELIUS Equity Opportunities SE & Co. KGaA announced that they will acquire VAG, and will make it an independent business. The organization is an expert in the development of water and waste water valves and will significantly enhance the product offerings and capabilities.

Market Drivers:

  • Increasing prevalence of smart cities development and installation; this factor is expected to drive the market growth
  • Presence of strict regulations and compliances from the authorities for making the industries more reliable

Market Restraint:

  • Requirement of halting of operational activities for the maintenance and repair activities of these industrial valves; this factor is expected to restrain the market growth

Key Developments in the Market:

  • In December 2018, Emerson Electric Co. announced that they had acquired Advanced Engineering Valves. This acquisition will help in providing their customers with the widest range of industrial valves that are equipped with high performance and reliability.
  • In July 2018, SPX Corporation announced the launch of a new range of valves that are expected to be used for separation of dissimilar products for the food & beverage processing industry. The new range of valves launched under the series, “D4” allows thorough cleaning and helps in significant reduction of cleaning costs.

Competitive Analysis Global industrial valves market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial valves market for global, Europe, North America, Asia-Pacific and South America.

Major Market Competitors/Players Few of the major competitors currently present in the market are Schlumberger Limited; Neway valve; Spirax-Sarco Engineering plc; Flowserve Corporation; KITZ Corporation; IMI plc; Metso Corporation; The Weir Group PLC; Crane Co.; SPX Corporation; Emerson Electric Co.; Kim Valves Australia PTY Ltd.; AVK Holding A/S; Swagelok Company; Samson AG; Avcon Controls Pvt Ltd; Conbraco Industries Inc.; Forbes Marshall; Ham Let Israel Canada Ltd; Dwyer Instruments, Inc.; EBRO ARMATUREN Gebr. Bröer GmbH; ALFA LAVAL; Velan Inc.; CIRCOR International, Inc.; Curtiss-Wright Corporation; Danfoss; Georg Fischer Ltd.; Baker Hughes, a GE company LLC; Hitachi Metals, Ltd.; Honeywell International Inc.; ITT INC.; Mueller Water Products, Inc.; NIBCO INC.,; OKANO VALVE MFG. CO. LTD.; TechnipFMC plc; Valvitalia SpA; Xylem and DunAn.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Get 10% Discount Instant Mail us @ sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: sopan.gedam@databridgemarketresearch.com

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close