Below are some of the key findings from our industrial valves market analysis report
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Global Industrial Valves Market in Power Industry Overview
The continuously rising demand for power is one of the key factors expected to drive the market’s growth during the next few years. Owing to factors such as growing urbanization and industrialization, particularly in the advanced and emerging economies, the demand for power has increased considerably in the last few years. With increased initiatives to improve efficiency and regulate carbon emissions, various countries are upgrading their power plants. The rising demand for high-power coupled with the continuously surging requirement for uninterrupted power supply in the power industry will have a positive impact on the demand for industrial valves during the forecast period, driving the market’s growth at a CAGR of almost 4%.
Top industrial valves companies covered in the power industry
The industrial valves market in power industry is moderately fragmented owing to the presence of several industrial valve manufacturers leveraging advanced technologies to offer high-quality products. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, our industrial valves market analysis report will help clients in identifying new growth opportunities and designing innovative strategies for improving their share.
The report offers a complete analysis of various companies including:
- Emerson Electric
- Flowserve
- SAMSON
- ITT
- The Weir Group
Industrial valves market growth in the power industry based on geographic regions
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the EMEA region will contribute to the highest growth of this market throughout the forecast period.
Industrial valves market segmentation in the power industry based on products
- Globe industrial valves
- Gate industrial valves
- Diaphragm industrial valves
- Butterfly industrial valves
According to our market research experts, the globe industrial valves segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of various products segments to the growth of the industrial valves market size in the power industry.
Key highlights of the global industrial valves market in power industry for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the industrial valves market in power industry during the next five years
- Precise estimation of the global industrial valves market size in the power industry and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industrial valves market in power industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of industrial valves market in power industry companies
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