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India Gas Valve Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Publisher Global Market Insights
Published Jul 03, 2024
Length 487 Pages
SKU # GMI19113821

Description

India Gas Valve Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032


India Gas Valve Market size is expected to record a 4.6% CAGR between 2024 and 2032, fueled by the surge in product launches and technological innovations. Modern gas valves are now integrating smart technologies, including automated controls and remote monitoring to boost functionality and user convenience. These innovations are not only enhancing energy management and safety protocols but also improving operational efficiency. As a result, gas valves are becoming more reliable and better suited to meet the changing demands of both residential and commercial sectors. For example, in May 2023, Indian-based Tekno Valves unveiled its BSKM-21/O series cylinder valves, tailored for industrial, medical, and technical gas applications, showcasing the industry's push towards safety and efficiency enhancements.

The overall industry is segmented into valve type, function, gas type, application, industry sector, distribution channel, and zone.

The liquefied petroleum gas valve type segment in the gas valve market is expected to witness substantial growth through 2032, due to ongoing advancements in design and functionality. Liquefied petroleum gas valves are being developed to provide precise control and enhanced safety for LPG applications, including residential, commercial, and industrial uses. Innovations are focusing on features, such as automatic shut-off mechanisms, improved leak detection, and better durability to withstand varying pressures and temperatures.

In terms of function, the India gas valve market value from the manual segment is slated to generate notable revenue during 2024-2032, owing to the need to enhance control and reliability in gas management systems. Gas valves are designed to offer precise manual adjustment of gas flow to ensure accurate operation across various applications. In addition, ongoing improvements are providing users with greater control, reliability, and safety in handling gas applications.

North zone gas valve industry size is likely to record a notable CAGR through 2032 due to the increasing adoption of gas-fired equipment. As more residential, commercial, and industrial users are opting for gas-based solutions for heating, cooking, and energy, the demand for reliable gas valves is rising. Moreover, advancements are enhancing valve performance, safety features, and integration with modern gas-fired systems. This ongoing evolution will address the growing need for precise control and safety in gas-fired equipment to support the broader adoption of gas technologies across the zone.

Table of Contents

487 Pages
Chapter 1 Methodology and Scope
1.1 Market scope and definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Technological overview
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
3.7.1 Growth drivers
3.7.1.1 Increasing industrialization and infrastructure development
3.7.1.2 Exploration in oil and gas sector
3.7.2 Industry pitfalls and challenges
3.7.2.1 Regulatory compliance
3.7.2.2 Price sensitivity
3.7.2.3 Adoption of renewable energy sources
3.8 Growth potential analysis
3.9 Porter’s analysis
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By valve Type, 2021-2032 (USD Million)
5.1 Key trends
5.2 Liquefied petroleum gas valve
5.2.1 Ball valve
5.2.2 Check valve
5.2.3 Gate valve
5.2.4 Globe valve
5.2.5 Others
5.3 Cryogenic valve
5.3.1 Ball valve
5.3.2 Check valve
5.3.3 Gate valve
5.3.4 Globe valve
5.3.5 Butterfly valve
5.3.6 Others
5.4 Air Separation valve
5.4.1 Ball valve
5.4.2 Check valve
5.4.3 Gate valve
5.4.4 Globe valve
5.4.5 Butterfly valve
5.4.6 Others
Chapter 6 Market Estimates and Forecast, By Function, 2021-2032 (USD Million)
6.1 Key trends
6.2 Manual
6.3 Pneumatic/electric control
Chapter 7 Market Estimates and Forecast, By Gas type, 2021-2032 (USD Million)
7.1 Key trends
7.2 Liquefied natural gas
7.3 Liquid nitrogen
7.4 Hydrogen
7.5 Oxygen
7.6 Other gases
Chapter 8 Market Estimates and Forecast, By Application, 2021-2032 (USD Million)
8.1 Key trends
8.2 Supplying line
8.3 Filling device
8.4 Bulk storage tank
8.5 Gas transportation
8.6 Storage tank and piping
8.7 Others
Chapter 9 Market Estimates and Forecast, By Industry sector, 2021-2032 (USD Million)
9.1 Key trends
9.2 Water and wastewater
9.3 Food and beverage
9.4 Chemicals
9.5 Pharma
9.6 Pulp and paper
9.7 Oil and gas
9.8 Power
9.9 Semiconductor
9.10 Others
Chapter 10 Market Estimates and Forecast, By Distribution channel, 2021-2032 (USD Million)
10.1 Key trends
10.2 Direct sale
10.3 Indirect sale
Chapter 11 Market Estimates and Forecast, By Region, 2021-2032 (USD Million)
11.1 Key trends
11.2 Asia Pacific
11.2.1 China
11.2.2 India
11.2.3 Japan
11.2.4 South Korea
11.2.5 Australia
11.2.6 Rest of Asia Pacific
Chapter 12 Company Profiles
12.1 Amtech
12.2 Audco India Limited
12.3 Beekay Industries
12.4 Emerson Electric
12.5 Flosteer Engineers Pvt. Ltd.
12.6 Fluidline Valves Company Pvt. Ltd.
12.7 Hawa engineers LTD
12.8 Imi critical engineering
12.9 L and T valves limited
12.10 Rotex Automation Limited
12.11 Samson Controls Pvt. Ltd.
12.12 Sri Venkat Engineers
12.13 Uniklinger Ltd.
12.14 Unitech Combustion
12.15 Virgo Valves and Controls Pvt. Ltd.
 

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