Market Overview

$15.46 Bn Control Valve Market - Global Forecasts from 2018 to 2023 - ResearchAndMarkets.com

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The "Control
Valve Market - Forecasts from 2018 to 2023"
report has been
added to ResearchAndMarkets.com's offering.

Control valve market was valued at US$10.649 billion in 2017 to reach
US$15.466 billion by 2023 at a compound annual growth rate of 6.42% over
the forecast period.

Control valve helps to regulate the rate of flow of the fluid to control
various process parameters such as pressure, fluid level, and
temperature. These are controlled by closing or opening of the valve in
response to the received signal. Growing adoption of automation
processes across various end use industries is the major driver to the
control valve market growth. Rising investments in oil and gas industry
globally is another key factor augmenting the demand for control valves
over the forecast period.

Geographically, APAC will witness a significant market growth during
over the next five years owing to the increasing number of manufacturing
facilities in the region coupled with favourable government initiatives
to support the growth of energy and power sector in countries like China
and India.

Major industry players profiled as part of the report are Honeywell,
ABB, Emerson, General Electric, and Crane Co. among others.

Segmentation:

By Type

  • Linear Motion
  • Rotary Motion

By Application

  • Flow Rate Control
  • Level Control
  • Pressure Control
  • Temperature Control

By End Use Industry

  • Oil and Gas
  • Energy and Power
  • Water and Wastewater
  • Mining
  • Others

Companies Mentioned

  • General Electric
  • Emerson Electric Co.
  • Crane Co.
  • SAMSON Controls Inc.
  • Flowserve Corporation
  • Schneider Electric
  • Honeywell
  • Bray International
  • ABB

For more information about this report visit https://www.researchandmarkets.com/research/xxwq4h/15_46_bn_control?w=4

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