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 from the recession, 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.
Operators in this industry manufacture industrial and fluid power valves and related parts, including assemblies, couplings and fittings. Valves are used in a variety of markets including manufacturing, water systems and oil and energy. However, operators in this industry do not manufacture plumbing fixtures, trim and other miscellaneous metal valves and pipe fittings.
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.