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Global Valves Market for Power Industry 2016-2020

Global Valves Market for Power Industry 2016-2020

About Valves

Valves are devices that are used to control, direct, and regulate the flow and pressure of gases, liquids, and fluidized solids. Globe valves, gate valves, butterfly valves, ball valves, and safety relief valves among others are used in various process industries such as oil and gas, chemical, power, refining, and food and beverage. These valves can be operated electrically, pneumatically, and hydraulically.

Technavio’s analysts forecast the global valves market for the power industry to grow at a CAGR of 3.93% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global valves market for the power industry for 2016-2020. To calculate the market size, the report considers the demand for valves from the power industry.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Valves Market for the Power Industry 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
  • Cameron
  • Emerson Electric
  • Flowserve
  • Weir
Other prominent vendors
  • Alfa Laval
  • IMI Critical Engineering
  • KSB
  • Neway Valve
  • Valvitalia
  • Velan
  • Watts Water Technologies
  • L&T Valves
  • GE
Market driver
  • Rise in number of coal-fired power stations in Japan
  • For a full, detailed list, view our report
Market challenge
  • Increased price war and threat from local vendors
  • For a full, detailed list, view our report
Market trend
  • Growing application of 3D printing in valves industry
  • 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 Valves Market for the Power Industry 2016-2020

Technavio recognizes the following companies as the key players in the global valves market for the power industry: Curtiss-Wright, Cameron, Emerson Electric, Flowserve, and Weir.

Other Prominent Vendors in the market are: Alfa Laval, IMI Critical Engineering, KSB, Neway Valve, Valvitalia, Velan, Watts Water Technologies, L&T Valves, and GE.

Commenting on the report, an analyst from Technavio’s team said: “Taking advantage of the new trend of applying this affordable technology, pump and valve manufacturers have combined it with digital advances in modeling software. The twin fields of 3D and computer modeling technologies have opened a whole new frontier in pumps and valves design, repair, and replacement. The global 3D printing market was estimated at $4.12 billion in 2015 and is likely to reach $28.76 billion in 2020, growing at a CAGR of 47.50%.”

According to the report, natural gas-fired gas turbine power plants offer highly economical and environmentally viable solutions. This is especially true in the present scenario of low natural gas prices that are backed by the flourishing production of natural gas worldwide. The high economic and environment viability of natural gas is one of the most prominent drivers in the global valves market for the power industry.

Further, the report states that increased price war and threat from local vendors will be a challenge for the market. The presence of many vendors intensifies the price war in the global valves market for the power industry. As a result, revenue generated by the market relies on the pricing strategy of vendors. This is mainly because customers expect high-quality valves with additional features at lower prices. Therefore, many vendors are striving to lower the cost of their products to increase their foothold in the market. They are also reducing prices to gain loyalty of cost-sensitive companies and small and medium-sized enterprises.

Companies Mentioned

Curtiss-Wright, Cameron, Emerson Electric, Flowserve, Weir, Alfa Laval, IMI Critical Engineering, KSB, Neway Valve, Valvitalia, Velan, Watts Water Technologies, L&T Valves, GE.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Overview of global valves market 2015-2020 ($ billions)
      • Table Global valves market for power industry by geography 2015-2020
  • Market landscape
    • Global power outlook
      • Table Global power outlook
    • Valves in power industry
      • Table Applications of valves in power industry
    • Market size and forecast
      • Table Global valves market for power industry 2015-2020 ($ billions)
      • Table Nuclear phase-out in Belgium, Switzerland, and Germany 2016-2034 (GW)
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Rise in number of coal-fired power stations in Japan
      • Table Power generation mix of Japan 2010 and 2014 (TWh)
    • 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 share 1973 and 2013
      • Table Net energy generation of the US 2010 and 2015
      • Table Global fuel cost variation for gas turbine power plants by 2020
    • Capacity expansion in geothermal power
      • Table Global geothermal energy installed capacity 2015-2020 (GW)
      • Table Geothermal project development cycle
      • Table Geothermal direct use capacity 1995-2015 (MWt)
      • Table Leading countries for geothermal direct use
  • Market challenges
    • Dip in US valves market
      • Table US valves market 2010-2016 ($ billions)
    • Growing environment concerns
      • Table Estimated annual CO emissions 2010-2035 (million tons)
    • Increased price war and threat from local vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growth in nuclear power sector
      • Table Applications of valves used in nuclear power sector
      • Table Benefits of nuclear power
      • Table Global nuclear power plant capacity
      • Table Nuclear power sector in China
      • Table Nuclear power sector in US
      • Table Nuclear power sector in South Korea
      • Table Nuclear power sector in France
    • Targets set by governments worldwide for expanding renewable energy
      • Table Electricity demand in CAGR 2012-2035
      • Table Countries with renewable targets and policies 2005
      • Table Countries with renewable targets and policies 2015
      • Table Top five wind power producing countries 2014 and 2015
      • Table Top five countries producing solar 2014 and 2015
    • Growing application of 3D printing in valves industry
      • Table Global 3D printing market 2015-2020 ($ billions)
  • Market segmentation by product
    • Market overview
      • Table Global valves market for power industry by product 2015 and 2020
    • Globe valves segment
      • Table Globe valves segment of global valves market for power industry 2015-2020 ($ billions)
    • Gate valves segment
      • Table Gate valves segment of global valves market for power industry 2015-2020 ($ billions)
    • Butterfly valves segment
      • Table Butterfly valves segment of global valves market for power industry 2015-2020 ($ billions)
    • Ball valves segment
      • Table Ball valves segment of global valves market for power industry 2015-2020 ($ billions)
    • Industrial plug valves segment
      • Table Industrial plug valves segment of global valves market for power industry 2015-2020 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global valves market for power industry by geography 2015 and 2020
    • Valves market for power industry in Americas
      • Table US electricity generation by fuel type 2008-2017
      • Table US electricity generation by natural gas
      • Table Valves market for power industry in the Americas 2015-2020 ($ billions)
      • Table Percentage of electricity generated by coal-fired power plants in the US 2007-2018
      • Table Upcoming nuclear reactors in the Americas (MWe gross) - as of August 2016
      • Table Electricity generation mix in key regions in the Americas 2015 and 2025
    • Valves market for power industry in APAC
      • Table GDP and power consumption in China and India 2008-2015
      • Table Valves market for power industry in APAC 2015-2020 ($ 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 2014 and 2015 (GW)
      • Table Carbon emissions in APAC
    • Valves market for power industry in EMEA
      • Table Germany wind power generation 2010-2015 (MW)
      • Table UK wind power generation 2010-2015 (MW)
      • Table Value of power projects in GCC as of February 2016 ($ millions)
      • Table Valves market in power industry in EMEA 2015-2020 ($ billions)
  • Vendor landscape
    • Competitive landscape
      • Table Major acquisitions
    • Vendor mapping
      • Table Vendor portfolio analysis
      • Table Vendor ratings based on various parameters
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Curtiss-Wright
    • Cameron (a Schlumberger company)
      • Table Cameron: Products offered
    • Emerson Electric
      • Table Emerson Electric: Products applications
    • Flowserve
      • Table Flowserve valves for power industry
    • Weir Group
  • Appendix
    • List of abbreviations
  • Explore Technavio

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