Global Control Valve Market was valued at USD 7.49 Billion in the year 2017. Control Valve Market is further estimated to grow at a CAGR of 5.43% from 2018 to 2023 to reach USD 10.28 Billion. North America region holds the highest market share in 2017 with APAC region is considered as the fastest growing market in the forecasted period. At a country level, the U.S. is the biggest market in 2017 and it is projected to grow at a gradual pace in the coming years.

Emerson Electric Co., Crane Co., and Alfa Laval are some of the key manufacturers in the Control Valve Market with Emerson Electric Co. holding the substantial market share because of its better global presence both at production and at an operational level. The global Control Valve Market is projected to grow strongly with the rising research and development expenses to address changing demands of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

The Oil & Gas segment is expected to hold the highest market share during the forecasted period. The segment has a strong potential across the major countries. On the other hand, the Chemical segment is expected to grow at the highest CAGR during the year 2018-2023.

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Key Benefits for Stakeholders

Manufacturers Control Valve Market

Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

Accessories manufacturer

By Technology

Hydraulic Control Valve

Electrical Control Valve

Pneumatic Control Valve

Manual Control Valve

By Type

Linear Motion Valves

Rotary Motion Valves

By Application

Oil & Gas

Power Generation

Automotive

Chemical

Water Management

Others

By Region

North America

Europe

Asia-Pacific

LAMEA

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Key Market Players

Alfa Laval

Curtiss-Wright Corporation

Crane Co.

Velan Inc.

Goodwin International Ltd.

Burkert Fluid Control System

IMI PLC

Neway Valves (Suzhou) Co., Ltd.

Pentair PLC.

The Weir Group PLC

(A brief overview of another 13 companies is also provided)

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