Industrial & Fluid Power Valve Manufacturing
The Industrial and Fluid Power Valve Manufacturing industry has benefited in the past five years from growth in downstream markets such as aerospace, water utilities and energy. As industrial activity rebounded, industry operators experienced steady growth. Exports also increased over the period, particularly for specialized valves used in high-tech industries. However, imports also increased, exacerbating price-based competition in the industry. Going forward, increased demand is expected to continue driving growth, and industry operators will focus particularly on developing new computer-integrated products.
This industry manufactures industrial and fluid power (hydraulic and pneumatic) valves, other flow control devices and related parts, including assemblies, couplings and fittings. Valves are integral to a broad range of industrial and general applications, including manufacturing, waterworks and energy. Residential plumbing fixtures, trim and general purpose valves and fittings are not included in this industry (see IBISWorld report 33291 for a broader look at the valves industry).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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