Published by Coherent Market Insights
Posted on October 4, 2021
United States/WA: Global Motorized Control Valves Market Will Boom In Near Future
Report Pages:[130 Pages]
Global Motorized Control Valves Market, by Product Type (Butterfly valves, Gate valves, and Ball valves), By End-User (Oil and gas, Water and wastewater, Power generation, Mining, Chemicals, Foundries, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
The global motorized control valves market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period (XXX-XXX), as highlighted in a new report published by Coherent Market Insights.
Market Overview:
A control valve is a power-operated device used to regulate or manipulate the flow of fluids, such as gas, oil, water, and steam. Motorized control valves are widely used to control the flow of gases and fluids through an electric actuator. They find significant applications in various industry verticals, such as power generation, chemical manufacture, oil & gas industry, water & wastewater treatment, etc.
The main advantage of motorized control valves is that they provide a simple way to regulate the production and flow of gas, and help eliminate the risk of human error that can lead to gas flow being too low or too high. This enables the direct control of flow rate and the consequential control of process quantities such as temperature, pressure, and liquid level. Thus, there is an increasing demand for control valves in the aforementioned end-use industries.
Competitive Landscape:
Major players operating in the global motorized control valves market are Honeywell, A.u.K. Müller GmbH, Hansen Technologies, Flowserve, Rotork, Schubert & Salzer, Avcon Controls, Hitachi, Marsh Automation, Belimo, Pentair, Emerson Electric, Cair Euromatic Automation, Danfoss, and BI-TORQ Valve Automation.
Key Market Drivers:
Increasing demand for motorized control valves in various industry verticals is expected to aid in the growth of the motorized control valves market during the forecast period. For instance, in February 2020, Emerson launched the ASC Series 158 gas valve and Series 159 motorized actuator to provide end-users and OEMs a new combustion safety shut-off valve option that increases safety and reliability and enhances both flow and control.
Moreover, an increase in implementation of automation in various industry verticals coupled with the increasing awareness among end-users about the benefits of automation is expected to boost the growth of the motorized control valves market. For instance, the vision of Industry 4.0 is likely to be adopted worldwide. Industry 4.0 aims to make manufacturing and related industries more efficient and customer-centric, with new business opportunities and models.
COVID-19 Impact Analysis:
The pharmaceutical and healthcare industries are at the forefront of dealing with the pandemic. Thus, there is an increasing demand for critical medical devices to cure COVID-19 patients. Control valves play a vital role in the manufacturing of different types of medical devices, and market players have grabbed this opportunity to fight against the global pandemic. This in turn is expected to aid in the growth of the market. However, motorized control valves are widely used in various end-use industries, and the outbreak of COVID-19 has severely impacted these industries. Thus, the demand for motorized control valves has decreased during the pandemic. This in turn is expected to restrain the growth of the market.
Get Sample Report + All Related Info (with COVID 19 Impact Analysis):
https://www.coherentmarketinsights.com/insight/request-sample/645
Coherent Market Insights is celebrating its 5th Anniversary and offering a Flat 2000 USD DISCOUNT. The offer is valid for all CMI reports. Let’s celebrate with us.
Key Takeaways:
The motorized control valves market is expected to exhibit a CAGR of XX % during the forecast period due to increase in adoption of motorized control valves by various end-use industries. For instance, in January 2021, GEMÜ announced the launch of the GEMÜ R563 eSyStep, a new control valve with a motorized actuator. The GEMÜ R563 eSyStep control valve is preferably used for control applications with low flow rates.
Among regions, North America and Asia Pacific are expected to witness significant growth in the motorized control valves market, owing to rise in industrialization and manufacturing activities and increasing demand for valves from pharmaceutical/healthcare industry due to COVID-19 pandemic. For instance, according to India Brand Equity Foundation (IBEF), the Indian manufacturing sector has the potential to reach US$ 1 trillion by 2025, as several multi-national companies have set up or are looking to establish their manufacturing bases in the country.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Valves Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, (2016–2024)
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] Rise in Implementation of Automation in Various Industry Verticals to Propel Motorized Control Valves Market Growth appeared first on Gatorledger.
United States/WA: Global Motorized Control Valves Market Will Boom In Near Future
Report Pages:[130 Pages]
Global Motorized Control Valves Market, by Product Type (Butterfly valves, Gate valves, and Ball valves), By End-User (Oil and gas, Water and wastewater, Power generation, Mining, Chemicals, Foundries, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa).
The global motorized control valves market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period (XXX-XXX), as highlighted in a new report published by Coherent Market Insights.
Market Overview:
A control valve is a power-operated device used to regulate or manipulate the flow of fluids, such as gas, oil, water, and steam. Motorized control valves are widely used to control the flow of gases and fluids through an electric actuator. They find significant applications in various industry verticals, such as power generation, chemical manufacture, oil & gas industry, water & wastewater treatment, etc.
The main advantage of motorized control valves is that they provide a simple way to regulate the production and flow of gas, and help eliminate the risk of human error that can lead to gas flow being too low or too high. This enables the direct control of flow rate and the consequential control of process quantities such as temperature, pressure, and liquid level. Thus, there is an increasing demand for control valves in the aforementioned end-use industries.
Competitive Landscape:
Major players operating in the global motorized control valves market are Honeywell, A.u.K. Müller GmbH, Hansen Technologies, Flowserve, Rotork, Schubert & Salzer, Avcon Controls, Hitachi, Marsh Automation, Belimo, Pentair, Emerson Electric, Cair Euromatic Automation, Danfoss, and BI-TORQ Valve Automation.
Key Market Drivers:
Increasing demand for motorized control valves in various industry verticals is expected to aid in the growth of the motorized control valves market during the forecast period. For instance, in February 2020, Emerson launched the ASC Series 158 gas valve and Series 159 motorized actuator to provide end-users and OEMs a new combustion safety shut-off valve option that increases safety and reliability and enhances both flow and control.
Moreover, an increase in implementation of automation in various industry verticals coupled with the increasing awareness among end-users about the benefits of automation is expected to boost the growth of the motorized control valves market. For instance, the vision of Industry 4.0 is likely to be adopted worldwide. Industry 4.0 aims to make manufacturing and related industries more efficient and customer-centric, with new business opportunities and models.
COVID-19 Impact Analysis:
The pharmaceutical and healthcare industries are at the forefront of dealing with the pandemic. Thus, there is an increasing demand for critical medical devices to cure COVID-19 patients. Control valves play a vital role in the manufacturing of different types of medical devices, and market players have grabbed this opportunity to fight against the global pandemic. This in turn is expected to aid in the growth of the market. However, motorized control valves are widely used in various end-use industries, and the outbreak of COVID-19 has severely impacted these industries. Thus, the demand for motorized control valves has decreased during the pandemic. This in turn is expected to restrain the growth of the market.
Get Sample Report + All Related Info (with COVID 19 Impact Analysis):
https://www.coherentmarketinsights.com/insight/request-sample/645
Coherent Market Insights is celebrating its 5th Anniversary and offering a Flat 2000 USD DISCOUNT. The offer is valid for all CMI reports. Let’s celebrate with us.
Key Takeaways:
The motorized control valves market is expected to exhibit a CAGR of XX % during the forecast period due to increase in adoption of motorized control valves by various end-use industries. For instance, in January 2021, GEMÜ announced the launch of the GEMÜ R563 eSyStep, a new control valve with a motorized actuator. The GEMÜ R563 eSyStep control valve is preferably used for control applications with low flow rates.
Among regions, North America and Asia Pacific are expected to witness significant growth in the motorized control valves market, owing to rise in industrialization and manufacturing activities and increasing demand for valves from pharmaceutical/healthcare industry due to COVID-19 pandemic. For instance, according to India Brand Equity Foundation (IBEF), the Indian manufacturing sector has the potential to reach US$ 1 trillion by 2025, as several multi-national companies have set up or are looking to establish their manufacturing bases in the country.
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Valves Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, (2016–2024)
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post [PDF] Rise in Implementation of Automation in Various Industry Verticals to Propel Motorized Control Valves Market Growth appeared first on Gatorledger.
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