The industrial valves market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 67.45 Billion in 2016 to USD 84.30 Billion by 2023, at a CAGR of 3.60% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period provided is between 2017 and 2023.
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The objective of the report is to provide a detailed analysis of the market based on material type, valve type, size, industry, and region; information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges); and a detailed value chain analysis. Moreover, the objective of this report is to strategically profile the key players and competitive landscape for market players, and provide information on product launches, acquisitions, partnerships, agreements, contracts, and collaborations in the industrial valves market.
The research methodology used to estimate and forecast the size of the industrial valves market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include information from various journals and databases such as IEEE journals, Factiva, Hoover’s, and OneSource.
The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size for industrial valves from the revenue of the key players. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The analysis of the industrial valves market includes extensive primary research to gather information, verify, and validate critical conclusions arrived at after an extensive secondary research.
After arriving at the overall market size, the total market has been split into several segments and subsegments. The following illustration shows the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.
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The ecosystem for industrial valves comprises manufacturers such as AVK Holding (Denmark), Avcon Controls Private Limited (India), Cameron – Schlumberger (US), Crane Co. (US), Emerson (US), Flowserve (US), Forbes Marshall (India), IMI Plc. (UK), Metso (Europe), Neway Valves (China), Velan Inc. (Canada), Samson AG (Germany), Spirax Sarco (UK), and The Weir Group Plc. (UK).
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The target audience for the report includes:
- Raw material and material testing equipment suppliers
- Industrial valve integrated device manufacturers (IDMs)
- Industrial valve technology platform developers
- Industrial valve original design manufacturers (ODMs)
- Industrial valve original equipment manufacturers (OEMs)
- Distributors and traders
- Research organizations
- Organizations, forums, alliances, and associations related to industrial valves
“The study answers several questions raised by the stakeholders, primarily which market segments to focus on in the next two to eight years for prioritizing efforts and investments.”
The market covered under this report has been segmented as follows:
Industrial Valves Market, by Material Type:
- Cast Iron
- Steel
- Cryogenic
- Alloy Based
- Others (Brass, Bronze)
Industrial Valves Market, by Valve Type:
- Ball Valves
- Butterfly Valves
- Gate Valves
- Glove Valves
- Plug Valves
- Check Valves
- Diaphragm Valves
- Safety Valves
Industrial Valves Market, by Size:
- Up to 1”
- 1”–6”
- 6”–25”
- 25”–50”
- 50” and Above
Industrial Valves Market, by Industry:
- Oil & Gas
- Water & Wastewater
- Energy & Power
- Chemical
- Food & Beverages
- Pharmaceutical
- Building & Construction
- Others (Pulp & Paper and Agriculture)
Industrial Valves Market, by Region:
- North America
- Europe
- APAC
- Rest of the World (RoW)
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players on the basis of various blocks of the value chain
Industry Analysis
- Further breakdown of the industry segment, by size, by material type, and by end connection
Size Analysis
- Further breakdown of the size segment, by material type
Geographic Analysis
- Further breakdown of the geography segment, by valve type, by size, by industry, and by material type
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