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Global Control Valves Market 2016-2020

Global Control Valves Market 2016-2020

About Control Valves

Control valves are devices that automatically regulate the flow rate, temperature, and pressure of liquids or gases based on an algorithm that adjusts the desired variable. Sensors detect changes in the flow of a substance and send out signals that control the operation of valves.

Technavio’s analysts forecast the global control valves market to grow at a CAGR of 5.56% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global control valves market for 2016-2020. To calculate the market size, the report considers the demand for control valves from various end-user segments. The average price of various types of control valves has been considered to determine the market size.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Control Valves Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Curtiss-Wright
  • Emerson Electric
  • Flowserve
  • Weir Group
Other prominent vendors
  • Alfa Laval
  • GE
  • IMI
  • KSB
  • L&T Valves
  • Neway Valve (Suzhou)
  • Valvitalia Group
  • Velan
  • Watts Water Technologies
Market driver
  • Rising demand from water and wastewater treatment industry
  • For a full, detailed list, view our report
Market challenge
  • Escalation of price war among vendors and threat from local vendors
  • For a full, detailed list, view our report
Market trend
  • Government targets for expanding renewable energy
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Control Valves Market 2016-2020

Technavio recognizes the following companies as the key players in the global control valves market: Curtiss-Wright, Emerson Electric, Flowserve, and Weir Group

Other Prominent Vendors in the market are: Alfa Laval, GE, IMI, KSB, L&T Valves, Neway Valve (Suzhou), Valvitalia Group, Velan, and Watts Water Technologies

Commenting on the report, an analyst from Technavio’s team said: “Many industrial valve vendors are developing next-generation valves with additional capabilities to increase their foothold in the competitive market. These recent products have threaded bonnets, a floating polytetrafluoroethylene diaphragm, and a zero minimum operating differential design that provide substantial benefits over the conventional valves. The new valves are gaining popularity as they can deliver 60% higher flow rates and longer operational life, and have a wide temperature range and pressure handling ability that can improve the efficiency of industrial production processes.”

According to the report, there is increased demand for high quality and uncontaminated water for domestic consumption purposes. Though advanced economies have a well-developed infrastructure for water production, they lack effective supply facilities, resulting in impurities polluting the water during conveyance. This has led to several European countries shifting their focus toward improving municipal water treatment infrastructure. These countries have already employed technologically advanced industrial water treatment infrastructure. For example, both Germany and the UK are investing heavily in developing municipal water treatment infrastructure by 2020.

Further, the report states that the principal raw materials going into the manufacturing of control valves comprise copper, stainless steel, cast iron, aluminum, brass, bronze, and other metal alloys. The cost of these inputs does not remain constant but fluctuates continuously, due to their scarcity and inflationary pressures. Fluctuations in raw material prices impact the productivity of vendors, in terms of the number of units they need to manufacture. When the price increases, vendors have to bear the excess cost of ownership. Due to the highly competitive nature of the market, the vendors' inability to pass on the excess cost to the end-users reduces their profit margins. In addition, the necessity for constant maintenance and support from vendors increases the overall cost of ownership and has an adverse effect on the vendors’ profit margins. Vendors are compelled to deal regularly with price fluctuations to remain competitive, which has become a challenge to them and restrict the growth of the global market.

Companies Mentioned

Curtiss-Wright, Emerson Electric, Flowserve, Weir Group, Alfa Laval, GE, IMI, KSB, L&T Valves, Neway Valve (Suzhou), Valvitalia Group, Velan, Watts Water Technologies.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global control valves market by actuator type 2015-2020
      • Table Global control valves market by geography 2015-2020
    • Market overview
      • Table Market segmentation of global control valves market
    • Market size and forecast
      • Table Global control valves market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Global control valves market by product type
    • Overview of global control valves market by product type
      • Table Global control valves market by product type 2015 and 2020
    • Sliding shaft control valves
      • Table Global sliding shaft control valves market 2015-2020 ($ billions)
    • Rotating shaft control valves
      • Table Global rotating shaft control valves market 2015-2020 ($ billions)
  • Global control valves market by actuator type
    • Overview of global control valves market by actuator type
      • Table Global control valves market by actuator type 2015 and 2020
    • Pneumatic control valves
      • Table Global pneumatic control valves market 2015-2020 ($ billions)
    • Electrical control valves
      • Table Global electrical control valves market 2015-2020 ($ millions)
    • Hydraulic control valves
      • Table Global hydraulic control valves market 2015-2020 ($ millions)
      • Table Types of hydraulic control valves
  • Global control valves market by end-user
    • Overview of global control valves market by end-user
      • Table Global control valves market by end-user 2015 and 2020
    • Power generation and management
      • Table Global control valves market in power generation and management 2015-2020 ($ billions)
      • Table Nuclear phase-out in Belgium, Switzerland, and Germany 2016-2034 (GW)
    • Oil and gas
      • Table Global control valves market in oil and gas 2015-2020 ($ billions)
    • Chemicals and petrochemicals
      • Table Global control valves market in chemicals and petrochemicals 2015-2020 ($ billions)
    • Water and wastewater management
      • Table Global control valves market in water and wastewater management 2015-2020 ($ billions)
      • Table World water consumption (billions of m³ per year)
      • Table Key countries that are investing significantly in water treatment projects
  • Geographical segmentation
    • Overview of global control valves market by geography
      • Table Global control valves market by geography 2015-2020
    • Americas
      • Table Control valves market in Americas ($ billions)
      • Table Electricity generation by fuel in the US 2008-2017
      • Table US electricity generation by natural gas
    • EMEA
      • Table Control valves market in EMEA ($ billions)
    • APAC
      • Table Control valves market in APAC ($ billions)
      • Table Nuclear reactors in APAC - reactors under construction, reactors planned, and reactors proposed (MWe gross) - as of August 2016
      • Table China's electricity generation capacity (GW)
  • Market drivers
    • Rising demand from water and wastewater treatment industry
    • Demand from oil and gas industry
      • Table Oil and gas projects in Middle East
    • Increase in CCGT power plants
      • Table Pros and cons of coal and natural gas power plants
      • Table Share of CCGT in global thermal power 2000-2014 (%)
      • Table Global electricity generation by fuel 1973 and 2013
      • Table Net energy generation of US 2010 and 2015
      • Table Natural gas production in US 2010-2015 (billions of cubic feet)
  • Market challenges
    • Fluctuating raw material prices
      • Table Projected average Free On Board steel prices in various countries 2014-2019 ($ per ton)
      • Table Iron ore price 2005-2015 ($ per dry metric ton)
      • Table Costs of copper ($/MT) August 2014 to January 2015
      • Table Copper price index value 2014-2015 (Jan 2012 baseline = 100)
    • Challenges in control valve repairing services
    • Escalation of price war among vendors and threat from local vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Natural gas infrastructure in China
    • Development of next-generation control valves
    • Government targets for expanding renewable energy
      • Table Electricity demand by region 2012-2035
      • Table Countries with renewable targets and policies 2005
      • Table Countries with renewable targets and policies 2015
      • Table Wind power capacities - top countries 2014-2015
      • Table Solar power capacity - top countries 2014-2015
  • Vendor andscape
    • Competitive landscape
      • Table Major acquisitions
    • Vendor mapping
      • Table Vendor portfolio analysis
      • Table Vendor ratings based on various parameters
    • Other prominent vendors
  • Key vendor analysis
    • Curtiss-Wright
    • Emerson Electric
    • Flowserve
      • Table Flowserve: Control valve product portfolio
    • Weir Group
      • Table Weir Group: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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