The Control Valve Market is estimated to grow at a CAGR of 5.43% from 2018 to 2023 to reach USD 10.28 Billion.
GLOBAL CONTROL VALVE MARKET was valued at USD 7.49 Billion in the year 2017.
North America region holds the highest market share in 2017 with APAC region is considered as the fastest growing market in the forecasted period.
At a country level, the U.S. is the biggest market in 2017 and it is projected to grow at a gradual pace in the coming years.
Emerson Electric Co., Crane Co., and Alfa Laval are some of the key manufacturers in the Control Valve Market with Emerson Electric Co. holding the substantial market share because of its better global presence both at production and at an operational level.
The global Control Valve Market is projected to grow strongly with the rising research and development expenses to address changing demands of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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The Oil & Gas segment is expected to hold the highest market share during the forecasted period. The segment has a strong potential across the major countries.
On the other hand, the Chemical segment is expected to grow at the highest CAGR during the year 2018-2023.
Key Benefits for Stakeholders
Manufacturers Control Valve Market
Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Hydraulic Control Valve
Electrical Control Valve
Pneumatic Control Valve
Manual Control Valve
Linear Motion Valves
Rotary Motion Valves
Oil & Gas
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Key Market Players
Goodwin International Ltd.
Burkert Fluid Control System
Neway Valves (Suzhou) Co., Ltd.
The Weir Group PLC
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