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Global Marine Valves and Actuators Market 2017-2021

Global Marine Valves and Actuators Market 2017-2021

About Marine Valves and Actuators

Valves in marine applications are devices that regulate, control, and direct the flow of fluids such as liquids, slurries, gases, and fluidized solids by closing, opening, or even partially obstructing different passageways, whereas actuators in the marine industry help in controlling the mechanism and systems, which are present in a ship, thereby making it a vital component.

Technavio’s analysts forecast the global marine valves and actuators market to grow at a CAGR of 3.52% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine valves and actuators market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Marine Valves and Actuators Market 2017-2021, 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
  • Emerson
  • Wärtsilä
  • Rotork
  • AVK Group
Other prominent vendors
  • Actuation Valve and Control
  • Apollo Valves (CONBRACO INDUSTRIES)
  • Atlas Marine Valves & Equipments
  • Brooksbank Valves
  • Cla-Val
  • Göpfert
  • HOERBIGER
  • Johnson Valves
  • LK Valves and Controls
  • NAG Marine
  • Pima Valve
Market driver
  • Increase in seaborne trade
  • For a full, detailed list, view our report
Market challenge
  • Collapsing Greek shipbuilding industry
  • For a full, detailed list, view our report
Market trend
  • High demand for FPS
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 Marine Valves and Actuators Market 2017-2021

Technavio recognizes the following companies as the key players in the global marine valves and actuators market: Emerson, Wärtsilä, Rotork, and AVK Group.

Other Prominent Vendors in the market are: Actuation Valve and Control, Apollo Valves (CONBRACO INDUSTRIES), Atlas Marine Valves & Equipments, Brooksbank Valves, Cla-Val, Göpfert, HOERBIGER, Johnson Valves, LK Valves and Controls, NAG Marine, and Pima Valve.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is high demand for FPS. Increased demand for new units of floating production systems (FPS) is increasing with growing global oil demand. Around 220 FPS are in different stages of planning, of this major share is of FPSO.”

According to the report, one driver in the market is increase in seaborne trade. Seaborne trade has witnessed a gradual increase over the past decade due to the adverse effect of globalization and demand/supply of commodities and manufactured goods. The growth in seaborne trade is expected to propel the demand for shipbuilding, thereby driving the demand for marine valves and actuators. Seaborne trade also plays a major role in the economic expansion and economic growth of the country and its region.

Further, the report states that one challenge in the market is collapsing Greek shipbuilding industry. The Eurozone crisis has had a significant impact on the shipbuilding industry in Greece, which has dominated the global shipping trade from the 1960s. The EU's stimulus package and the International Monetary Fund bailout have given a new lease of life to the nation, which suffered from the debilitating effects of surging borrowing costs and austerity measures attached to previous European Union bailouts.



Companies Mentioned

Emerson, Wärtsilä, Rotork, AVK Group, Actuation Valve and Control, Apollo Valves (CONBRACO INDUSTRIES), Atlas Marine Valves & Equipments, Brooksbank Valves, Cla-Val, Göpfert, HOERBIGER, Johnson Valves, LK Valves and Controls, NAG Marine, and Pima Valve.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Table Crude oil prices – 2011-2015 (% change)
  • Market landscape
    • Market overview
      • Table Global marine valves and actuators market
    • Market size and forecast
      • Table Expected growth factors for new shipbuilding orders
      • Table Global shipbuilding order 2011-2015 (gross tons)
      • Table Global marine valves and actuators market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global marine valves and actuators market by product type 2016-2021 ($ millions)
    • Valves
      • Table Application of valves in the marine industry
      • Table Types of valves in the marine industry
      • Table Global marine valves market 2016-2021 ($ millions)
    • Actuators
      • Table Types of actuators in the marine industry
      • Table Global marine actuators market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global marine valves and actuators market by geography 2016-2021 ($ millions)
    • APAC
      • Table Marine valves and actuators market in APAC 2016-2021 ($ millions)
    • EMEA
      • Table Marine valves and actuators market in EMEA 2016-2021 ($ millions)
    • Americas
      • Table Marine valves and actuators market in the Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Revival in the Chinese economy
    • High demand for FPS
      • Table FPS system awarded from 1997 to 2015
  • Vendor landscape
  • Key vendor analysis
    • Emerson
      • Table Emerson: Products and applications
    • Wärtsilä
      • Table Wärtsilä in the global marine valves and actuators market
    • Rotork
      • Table Rotork: Product and service offerings
      • Table Rotork in the global marine valves and actuators market
    • AVK Group
      • Table AVK Group: Business segment
      • Table AVK Group in the marine valves and actuators market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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