Global Valve Market 2021-2025
Technavio has been monitoring the valve market and it is poised to grow by $ 11.85 bn during 2021-2025, progressing at a CAGR of 4.38% during the forecast period. Our report on the valve market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by developments in water and wastewater industry and growth opportunities in oil and gas pipeline market In addition, developments in water and wastewater industry is anticipated to boost the growth of the market as well.
The valve market analysis includes the end-user segment and geographic landscape.
Technavio's valve market is segmented as below:
- Chemicals and oil and gas industry
- Water and wastewater industry
- Power industry
- Mining and minerals industry
By Geographical Landscape
- North America
- South America
This study identifies the growth in nuclear power generation in APACas one of the prime reasons driving the valve market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on valve market covers the following areas:
- Valve market sizing
- Valve market forecast
- Valve market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading valve market vendors that include Alfa Laval AB, Avcon Controls Pvt Ltd., AVK Holding AS, Crane Co., Emerson Electric Co., Flowserve Corp., Forbes Marshall Pvt. Ltd., IMI Plc, Schlumberger Ltd., and The Weir Group Plc. Also, the valve market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.Companies Mentioned
Alfa Laval AB, Avcon Controls Pvt Ltd., AVK Holding AS, Crane Co., Emerson Electric Co., Flowserve Corp., Forbes Marshall Pvt. Ltd., IMI Plc, Schlumberger Ltd., The Weir Group Plc