Global Motorized Control Valves Market 2017-2021

Overview of the global motorized control valves market

Market research analysts at Technavio predict that the global motorized control valves market will grow steadily over the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the increasing demand for water and wastewater management plants as one of the key growth factors of the global motorized control valves market. The increasing need for portable water among the consumers is propeling the growth of the global motorized control valves market. Various governments are also investing in water treatment plants to provide uninterrupted water supply to the residential areas. To reduce contamination and to retain the quality of water, governments are increasingly investing in pipelines and water distribution systems. The growing adoption of water distribution systems especially among the developing economies, will in turn, contribute to the growth of the motorized control valves market over the next few years.

The motorized control valves market is also witnessing an increase in the use of simulation software. Consumers in the market are looking for software that is cost-effective and involves minimal operational expenses. To meet the increasing demand for the consumers, vendors in the market are focusing on producing software with customized designs. Also, the vendors are virtually prototyping products through simulation to meet the exact requirements of the end-users. This, in turn, will reduce the overall operational expenses and additional expenses associated with the manufacture of the product.

Competitive landscape and key vendors

The motorized control valves market is highly fragmented with the presence of several global and regional vendors. Vendors in the market are competing with their counterparts by offering customizable products. Moreover, vendors in the market are also facing challenges such as fluctuating raw material prices, which in turn, increases the cost of production of motorized control valves. The regional vendors are competing with the global vendors by offering products at affordable prices.

The leading vendors in the market are –

• Danfoss
• Emerson Electric
• Cair Euromatic Automation
• Pentair

The other prominent vendors in the market are Belimo, Hitachi, Marsh Automation, Avcon Controls, Honeywell, BI-TORQ Valve Automation, Schubert & Salzer, Hansen Technologies, Rotork, Flowserve, and A.u.K. Müller GmbH.

Market segmentation by product and analysis of the motorized control valves market

• Butterfly valves
• Gate valves
• Ball valves

The butterfly valves segment accounted for the major share of the motorized control valves market during 2016. The extensive use of butterfly valves across different applications such as water and wastewater management, chemicals, and food and beverages is propeling the growth of this market segment. Additionally, the lightweight and efficiency associated with the product are also promoting the adoption of butterfly valves over the other product types.

Market segmentation by geography and analysis of the motorized control valves market

• Americas
• APAC
• EMEA

EMEA held the major share of the motorized control valves market during 2016. The rising demand from the oil and gas sector, owing to the increase in the production of crude oil is boosting the growth of the market in the region. Though the market in this region will face challenges during the first half of the forecast period, the growing developments in this region will demand further investments. This will increase the need for motorized control valves, subsequently fueling market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motorized control valves market?
• What are the key market trends impacting the growth of the global motorized control valves market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorized control valves market?
• What are the market opportunities and threats faced by the vendors in the global motorized control valves market?
• Trending factors influencing the market shares in the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global motorized control valves market?

Technavio also offers customization on reports based on specific client requirement.