The industry check valves market share is expected to increase by USD 2.50 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (oil and gas, power, chemicals, water and wastewater, and others) and geography (APAC, Europe, North America, MEA, and South America).
The industry check valves market report also offers information on several market vendors, including ABB Ltd., Curtiss-Wright Corp., Danfoss AS, Eaton Corporation Plc, Emerson Electric Co., Flowserve Corp., Honeywell International Inc., Robert Bosch GmbH, Schlumberger Ltd., and The Weir Group Plc among others.
ABB Ltd. - The company offers wide series of check valves under its Control System Accessory category. The electrification business segment offers low and medium voltage, buildings, and infrastructure electrification solutions.
What will the Industry Check Valves Market Size be During the Forecast Period?
Get the Industry Check Valves Market Size Forecast by Download Report Sample
Parent Market Analysis
Technavio categorizes the global industry check valves market as a part of the global industrial machinery market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industry check valves market during the forecast period.
Industry Check Valves Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a neutral impact on the market growth during and post-COVID-19 era. The developments in the water and wastewater industry is notably driving the industry check valves market growth, although factors such as high costs associated with the maintenance of pipeline and transportation infrastructure may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
This industry check valves market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Industry Check Valves Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the industry check valves market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Industry Check Valves Market?
Get a glance at the market share of various regions by Requesting a PDF Sample now!
34% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for industry check valves in APAC. Market growth in this region will be faster than the growth of the market in other regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What is the Fastest-Growing End-user Segment in the Industry Check Valves Market?
To gain insights on the market contribution of various segments Request a PDF Sample
The industry check valves market share growth by the oil and gas segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the industry check valves market size and actionable market insights on the post-COVID-19 impact on each segment.
|
Industry Check Valves Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
|
Market growth 2021-2025 |
USD 2.50 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
3.60 |
|
Regional analysis |
APAC, Europe, North America, MEA, and South America |
|
Performing market contribution |
APAC at 34% |
|
Key countries |
US, China, UK, Germany, and Japan |
|
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
|
Key companies profiled |
ABB Ltd., Curtiss-Wright Corp., Danfoss AS, Eaton Corporation Plc, Emerson Electric Co., Flowserve Corp., Honeywell International Inc., Robert Bosch GmbH, Schlumberger Ltd., and The Weir Group Plc |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Industry Check Valves Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive industry check valves market growth during the next five years
- Precise estimation of the industry check valves market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the industry check valves market industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive analysis of factors that will challenge the growth of industry check valves market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch