Skip to main content

Control Valves Market Global Forecast to 2023- Size, Trends, Competitive Landscape and Key Regions

Top 15 Companies Analysis, Size, Trends, and Regional Outlook of Control Valves Market by Size, Product, Component and Geography. The overall control valves market is expected to be valued at USD 9.88 billion by 2023, growing at a CAGR of 5.33% between 2017 and 2023.

Control Valves Market Global Forecast to 2023- Size, Trends, Competitive Landscape and Key Regions

Pune, India - June 15, 2017 /MarketersMedia/

“The overall control valves market is expected to grow at a CAGR of5.33% between 2017 and 2023.”

The overall control valves market is expected to be valued at USD 9.88 billion by 2023, growing at a CAGR of 5.33% between 2017 and 2023.The growth of this market is driven by factors such as rising demand for wireless infrastructure for maintaining and monitoring equipment in plants, revenue shift in industries, increasing demand for control valves for oil & gas and subsea applications, increased focus on proactive mechanism, rising number of nuclear plants, and enhancement of existing plants. However, lack of common platform such as Zigbee, Profibud, and Ethernet is one of the major factors restricting the growth of this market.

Download a Sample Copy of Control Valves Market Research Report At: https://goo.gl/RP3TNP

“Oil & gas industry is expected to hold the largest share of the control valves market by 2023.”

The oil & gas industry is likely to account for the largest share of the of the control valves market by 2023.This market growth can be attributed to the increasing number of oil and gas projects, replacement of old valves, and rising demand for oil & gas in emerging economies such as India, China, and Russia.

“Control valves market for the energy & power industry is expected to grow at a high rate between 2017 and 2023.”

The control valves market for the energy & power industry is expected to grow at a high rate between 2017 and 2023. This industry is expected to hold a significant share of the control valves market by 2023, owing to the increased power consumption in APAC and wide applications of valves in hydro & thermal power generation plants. Control valves are also used in nuclear power plants especially in processes such as feed water, cooling water, chemical treatment, and steam turbine control systems.

“APAC is likely to dominate the control valves market by 2023.”

APAC is expected to hold the largest share of the control valves market between 2017 and 2023. This region is home to several control valves manufacturing companies. The control valves market in APAC is expected to grow at a high rate during the above-mentioned period. The high growth of this market can be attributed to the increasing demand for pipelines for oil & gas and water & waste water applications and ongoing power generation activities.

Inquire for More info about control valves market Research Report at: https://goo.gl/nWVqf4

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key people in the control valves market.

The break-up of primary participants for the report has been shown below: By Company Type: Tier 1 – 37 %, Tier 2 – 47%, and Tier 3 – 16%, By Designation: C-Level Executives –46%, Directors – 36%, and Managers – 18%, By Region: Americas –26%, Europe – 30%, APAC – 22%, and South America – 13%, Middle East & Africa: 9%

The report profiles the key players in the control valves market. The prominent players profiled in this report include Burkert Fluid Control System (Germany), Curtiss-Wright (North Carolina), Crane Co (US), Emerson (US), Flowserve Corporation (US), Alfa Laval (US), IMI Plc. (UK), Kitz Corporation (Japan), Met so (Finland), Neway Valves (China), Velan Inc. (Canada), Samson AG (Germany), Spirax Sarco (UK), The Weir Group PLC (UK), and Pentair Plc. (UK).

Purchase a full Report with 63 market data tables and 59 figures spread through 163 pages and in-depth TOC on "Control Valves Market - Global Forecast to 2023 Here: http://www.rnrmarketresearch.com/contacts/purchase?rname=277784

About Us:

ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.

Connect with Us:

LinkedIn: www.linkedin.com/company/reportsnreports
RSS/Feeds: http://www.reportsnreports.com/feed/l-latestreports.xml

Contact Info:
Name: Ritesh Tiwari
Email: sales@reportsandreports.com
Organization: ReportsnReports
Address: 2nd floor, metropole, Next to inox theatre, Bund garden road, Pune-411001
Phone: + 1 888 391 5441

Source URL: http://marketersmedia.com/control-valves-market-global-forecast-to-2023-size-trends-competitive-landscape-and-key-regions/208356

For more information, please visit http://www.rnrmarketresearch.com/control-valve-market-by-motion-rotary-linear-by-component-valve-body-actuator-and-others-by-application-oil-gas-chemicals-energy-power-water-management-pharmaceuticals-food-bevera-market-report.html

Source: MarketersMedia

Release ID: 208356

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.