The global control valves market size is expected to reach around US$ 13,400 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 to 2027.
Increased performance, stability, and productivity of these process industries are powered by control valves. In addition, the manufacturers of control valves are actively involved in R&D research to improve the goods in accordance with rising market requirements.
Market Insights
The factors such as increasing adoption of control valves, especially in oil & gas industry is likely to drive the demand for control valves during forecast period. The control valves are commonly used in both upstream, midstream and downstream operations and are used for many applications in the petroleum & gas industry. Another important aspect in propelling the market for control valves is increased automation through the entire process industry. The steady rise in industrial infrastructure programs would also have a positive effect on the demand growth of control valves. In fact, in recent years, developing countries have seen a increase in infrastructure investments and in the future year the trend will possibly continue
Report coverage
The market research study on “Control Valves Market (By Type: Pneumatic control valve, Hydraulic control valve, Electrical control valve; By Product Type: Linear, Rotary; By Component: Valve body, Actuators, Others; By Material: Stainless Steel, Cast Iron, Alloy Based, Cryogenic, Others; By Application: Electrical Power, Oil and Gas, Water &Waste-water Management, Automotive, Pharmaceuticals, Mining, Chemicals, Food & Beverage, Others (manufacturing, electronics, marine, pulp & paper, and textiles)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global control valves market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global control valves market are type, product, component, application, and major geographic regions. The control valves market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
Asia Pacific is likely to dominate the global control valves market due to presence of developing countries such as China and India. Companies are spending significantly in the manufacture of valves and actuators as well as innovations to turn them into intelligent valves. It is due to rising demand in the soil, wastewater, food & beverage, energy & power and pharmaceutical sectors for automated valve operations. The second highest CAGR in Middle East & Africa over the projected period is predicted. Due to the overwhelming demand for the replacement of a truck from many of the successful initiatives in the region, the U.S. dominated the competition in North America. For instance, the U.S. and Canada have about 1,900 programs in existing plants needing valves to be removed and modified concurrently.
Key Players
A few major players are releasing remote valve maintenance application, in addition to product innovation and new launches, as technology advances quickly through business sectors. In addition to long-term supply deals with petroleum fields and mining firms, aggressive investments and partnerships will be a primary priority of industry participants. In addition, the participants are exploring potential underway natural gas extraction and export pipelines programs in the US, along with future mining ventures in China, India, Brazil and South Africa, in increasingly expanding markets. Major players included in this report AVK Holding A/S, Emerson Electric Co., Christian Bürkert GmbH & Co. KG, General Electric Company, Goodwin International Limited, KITZ Corporation, Rotork Plc, Velan Inc., Swagelok Company, Armstrong International Inc., Metso Corporation, IMI plc, Samson AG and others.
The global control valves market is segmented as below:
Market Segmentation
Control Valves Market By Type
- Pneumatic control valve
- Hydraulic control valve
- Electrical control valve
Control Valves Market By Component
- Valve body
- Actuators
- Others
Control Valves Market By Product
Control Valves Market By Material
- Stainless Steel
- Cast Iron
- Alloy Based
- Cryogenic
- Others
Control Valves Market By Application
- Electrical Power, Oil and Gas
- Water &Waste-water Management
- Automotive, Pharmaceuticals
- Mining, Chemicals
- Food & Beverage
- Others (manufacturing, electronics, marine, pulp & paper, and textiles)
Control Valves Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Control Valves
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Control Valves Market By Type
1.2.2.1. Global Control Valves Market Revenue and Growth Rate Comparison By Type (2016-2027)
1.2.2.2. Global Control Valves Market Revenue Share By Type in 2019
1.2.2.3. Pneumatic control valve
1.2.2.4. Hydraulic control valve
1.2.2.5. Electrical control valve
1.2.3. Control Valves Market By Component
1.2.3.1. Global Control Valves Market Revenue and Growth Rate Comparison By Component (2016-2027)
1.2.3.2. Global Control Valves Market Revenue Share By Component in 2019
1.2.3.3. Valve body
1.2.3.4. Actuators
1.2.3.5. Others
1.2.4. Control Valves Market By Product
1.2.4.1. Global Control Valves Market Revenue and Growth Rate Comparison By Product (2016-2027)
1.2.4.2. Global Control Valves Market Revenue Share By Product in 2019
1.2.4.3. Linear
1.2.4.4. Rotary
1.2.5. Control Valves Market By Material
1.2.5.1. Global Control Valves Market Revenue and Growth Rate Comparison By Material (2016-2027)
1.2.5.2. Global Control Valves Market Revenue Share By Material in 2019
1.2.5.3. Stainless Steel
1.2.5.4. Cast Iron
1.2.5.5. Alloy Based
1.2.5.6. Cryogenic
1.2.5.7. Others
1.2.6. Control Valves Market By Application
1.2.6.1. Global Control Valves Market Revenue and Growth Rate Comparison By Application (2016-2027)
1.2.6.2. Electrical Power, Oil and Gas
1.2.6.3. Water &Waste-water Management
1.2.6.4. Automotive, Pharmaceuticals
1.2.6.5. Mining, Chemicals
1.2.6.6. Food & Beverage
1.2.6.7. Others (manufacturing, electronics, marine, pulp & paper, and textiles)
1.2.7. Control Valves Market By Geography
1.2.7.1. Global Control Valves Market Revenue and Growth Rate Comparison by Geography (2016-2027)
1.2.7.2. North America Control Valves Market Revenue and Growth Rate(2016-2027)
1.2.7.3. Europe Control Valves Market Revenue and Growth Rate(2016-2027)
1.2.7.4. Asia-Pacific Control Valves Market Revenue and Growth Rate(2016-2027)
1.2.7.5. Latin America Control Valves Market Revenue and Growth Rate(2016-2027)
1.2.7.6. Middle East and Africa (MEA)Control Valves Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Control Valves Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Control Valves Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Control Valves Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Control Valves Major Manufacturers in 2019
CHAPTER 4. CONTROL VALVES MARKET BY TYPE
4.1. Global Control Valves Revenue By Type
4.2. Pneumatic control valve
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. Hydraulic control valve
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.4. Electrical control valve
4.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. CONTROL VALVES MARKET BY COMPONENT
5.1. Global Control Valves Revenue By Component
5.2. Valve body
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.3. Actuators
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 6. CONTROL VALVES MARKET BY PRODUCT
6.1. Global Control Valves Revenue By Product
6.2. Linear
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Rotary
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. CONTROL VALVES MARKET BY MATERIAL
7.1. Global Control Valves Revenue By Material
7.2. Stainless Steel
7.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.3. Cast Iron
7.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.4. Alloy Based
7.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.5. Cryogenic
7.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
7.6. Others
7.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 8. CONTROL VALVES MARKET BY APPLICATION
8.1. Global Control Valves Revenue By Application
8.2. Indoor
8.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
8.3. Outdoor
8.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 9. NORTH AMERICA CONTROL VALVES MARKET BY COUNTRY
9.1. North America Control Valves Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. North America Control Valves Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. U.S.
9.3.1. U.S. Control Valves Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.3.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.3.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.4. Canada
9.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
9.4.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.4.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 10. EUROPECONTROL VALVES MARKET BY COUNTRY
10.1. Europe Control Valves Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Europe Control Valves Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. UK
10.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.3.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.3.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.4. Germany
10.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.4.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.4.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.5. France
10.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.5.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.5.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.6. Spain
10.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.6.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
10.6.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.6.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.6.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.7. Rest of Europe
10.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.7.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
10.7.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
10.7.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.7.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 11. ASIA-PACIFIC CONTROL VALVES MARKET BY COUNTRY
11.1. Asia-Pacific Control Valves Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Asia-Pacific Control Valves Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. China
11.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.3.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.3.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.4. Japan
11.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.4.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.4.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.5. India
11.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.5.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.5.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.6. Australia
11.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.6.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
11.6.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.6.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.6.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.7. South Korea
11.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.7.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
11.7.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.7.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.7.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.8. Rest of Asia-Pacific
11.8.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.8.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
11.8.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
11.8.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.8.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 12. LATIN AMERICACONTROL VALVES MARKET BY COUNTRY
12.1. Latin America Control Valves Market Revenue and Growth Rate, 2016 - 2027 ($Million)
12.2. Latin America Control Valves Market Revenue Share Comparison, 2016 & 2027 (%)
12.3. Brazil
12.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
12.3.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
12.3.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
12.3.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
12.3.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
12.4. Mexico
12.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
12.4.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
12.4.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
12.4.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
12.4.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
12.5. Rest of Latin America
12.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
12.5.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
12.5.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
12.5.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
12.5.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 13. MIDDLE EAST & AFRICA CONTROL VALVES MARKET BY COUNTRY
13.1. Middle East & Africa Control Valves Market Revenue and Growth Rate, 2016 - 2027 ($Million)
13.2. Middle East & Africa Control Valves Market Revenue Share Comparison, 2016 & 2027 (%)
13.3. GCC
13.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
13.3.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
13.3.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
13.3.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
13.3.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
13.4. South Africa
13.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
13.4.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
13.4.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
13.4.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
13.4.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
13.5. Rest of Middle East & Africa
13.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
13.5.2. Market Revenue and Forecast By Component, 2016 - 2027 ($Million)
13.5.3. Market Revenue and Forecast By Product, 2016 - 2027 ($Million)
13.5.4. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
13.5.5. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 14. COMPANY PROFILE
14.1. AVK Holding A/S
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. Emerson Electric Co.
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. Christian Bürkert GmbH & Co. KG
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Product Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. General Electric Company
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. Goodwin International Limited
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. KITZ Corporation
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Product Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Rotork Plc
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. Key Developments
14.7.6. Strategies
14.8. Velan Inc.
14.8.1. Company Snapshot
14.8.2. Overview
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. Key Developments
14.8.6. Strategies
14.9. Swagelok Company
14.9.1. Company Snapshot
14.9.2. Overview
14.9.3. Financial Overview
14.9.4. Product Portfolio
14.9.5. Key Developments
14.9.6. Strategies
14.10. Armstrong International Inc.
14.10.1. Company Snapshot
14.10.2. Overview
14.10.3. Financial Overview
14.10.4. Product Portfolio
14.10.5. Key Developments
14.10.6. Strategies
14.11. Others
14.11.1. Company Snapshot
14.11.2. Overview
14.11.3. Financial Overview
14.11.4. Product Portfolio
14.11.5. Key Developments
14.11.6. Strategies
CHAPTER 15. RESEARCH APPROACH
15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope