Market Overview:
The global digital valve controller market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in industries such as chemical, food, paper, and shipbuilding. Additionally, the growing demand for energy-efficient systems is also contributing to the growth of this market. The electric type segment is expected to dominate the global digital valve controller market during the forecast period owing to its advantages such as low power consumption and easy installation.
Product Definition:
A digital valve controller is a device used to open and close valves in a pipeline. It is important because it allows operators to control the flow of liquids or gases through the pipeline.
Electric:
Electric is a signal that flows through an electric circuit to produce an effect. It can be either analog or digital in nature. The most common example of electric is electricity used in the home for light bulbs, electronic devices, and many other appliances.
Usage of Electric: It's usage can be found in almost all aspects of modern technology such as telecommunication, information & computing technology (ICT), consumer electronics and industrial automation technologies (IAT).
Hydraulic:
The hydraulic system is used to operate the valves and it's functions in a digital valve controller. The components of the hydraulic system include actuators, sensors, controllers and valves. The major function of the hydraulic system is to provide pressure for actuating or operating various components through fluid dynamics.
Valve operation can be achieved by using two different methods; namely positive displacement and negative displacement method.
Application Insights:
Based on the application, the global demand for DVC has been segmented into chemical industry, food industry, paper industry shipbuilding industry and others. The chemical sector dominated the market in terms of revenue share and is expected to maintain its dominance over the forecast period. This is due to factors such as growing demand for chemicals across various end-use industries coupled with an increase in investments by companies in R&D activities related to valve automation solutions are some of them that contribute towards a large share of this segment.
The food processing sector accounted for more than 15% share within this market owing to increasing use digital technology based solutions across all processes from raw material handling through packaging till distribution channels which include cold chain management.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from emerging economies such as China, India, and Japan. These countries are witnessing rapid industrialization owing to which there is an increase in demand for efficient valve controllers from various industries. Moreover, rising population coupled with growing income levels will also contribute toward industry growth over the next eight years.
North America held a significant share of revenue in 2017 due to high adoption of digital valve controllers by shipbuilding companies located in U.S., Canada, and Mexico for controlling machinery within plants including drydocks and shipyards along with other applications involved with water management systems used during construction activities at a domestic level across all these countries thereby propelling regional growth over the forecast period as well (2018-2030).
Growth Factors:
- Increasing demand for energy efficient systems: The global market for digital valve controllers is expected to grow at a CAGR of more than 5% from 2016 to 2020. This growth can be attributed to the increasing demand for energy efficient systems across different industries.
- Growing popularity of smart homes and buildings: The market for digital valve controllers is also expected to benefit from the growing popularity of smart homes and buildings, which are equipped with advanced control systems that help save energy and reduce costs.
- Rising investments in industrial automation: Industrial automation is another key factor driving the growth of the global digital valve controller market. Rising investments in industrial automation are resulting in increased adoption of advanced control technologies, including digital valve controllers.
- Proliferation of IoT-enabled devices: The proliferation of IoT-enabled devices is also contributing to the growth of the global digital valve controller market as these devices are increasingly being used for controlling various processes across different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Valve Controller Market Research Report
By Type
Electric, Hydraulic, Pneumatic
By Application
Chemical Industry, Food Industry, Paper Industry, Shipbuilding Industry, Others
By Companies
Dymax, Emerson Electric, Spartan Controls, Askalon, Heap and Partners, FISHER, KSB, Weidmüller, PSG, Toscano Linea Electronica, IHR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Digital Valve Controller Market Report Segments:
The global Digital Valve Controller market is segmented on the basis of:
Types
Electric, Hydraulic, Pneumatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Food Industry, Paper Industry, Shipbuilding Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dymax
- Emerson Electric
- Spartan Controls
- Askalon
- Heap and Partners
- FISHER
- KSB
- Weidmüller
- PSG
- Toscano Linea Electronica
- IHR
Highlights of The Digital Valve Controller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- Hydraulic
- Pneumatic
- By Application:
- Chemical Industry
- Food Industry
- Paper Industry
- Shipbuilding Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Valve Controller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A digital valve controller (DVC) is a type of electronic control unit used in industrial plants and other applications to manage valves.
Some of the major companies in the digital valve controller market are Dymax, Emerson Electric, Spartan Controls, Askalon, Heap and Partners, FISHER, KSB, WeidmƒÂ¼ller, PSG, Toscano Linea Electronica, IHR.
The digital valve controller market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Valve Controller Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Valve Controller Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Valve Controller Market - Supply Chain
4.5. Global Digital Valve Controller Market Forecast
4.5.1. Digital Valve Controller Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Valve Controller Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Valve Controller Market Absolute $ Opportunity
5. Global Digital Valve Controller Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Valve Controller Market Size and Volume Forecast by Type
5.3.1. Electric
5.3.2. Hydraulic
5.3.3. Pneumatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Valve Controller Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Valve Controller Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Food Industry
6.3.3. Paper Industry
6.3.4. Shipbuilding Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Valve Controller Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Valve Controller Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Valve Controller Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Valve Controller Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Valve Controller Demand Share Forecast, 2019-2026
9. North America Digital Valve Controller Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Valve Controller Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Valve Controller Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Food Industry
9.4.3. Paper Industry
9.4.4. Shipbuilding Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Valve Controller Market Size and Volume Forecast by Type
9.7.1. Electric
9.7.2. Hydraulic
9.7.3. Pneumatic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Valve Controller Demand Share Forecast, 2019-2026
10. Latin America Digital Valve Controller Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Valve Controller Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Valve Controller Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Food Industry
10.4.3. Paper Industry
10.4.4. Shipbuilding Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Valve Controller Market Size and Volume Forecast by Type
10.7.1. Electric
10.7.2. Hydraulic
10.7.3. Pneumatic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Valve Controller Demand Share Forecast, 2019-2026
11. Europe Digital Valve Controller Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Valve Controller Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Valve Controller Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Food Industry
11.4.3. Paper Industry
11.4.4. Shipbuilding Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Valve Controller Market Size and Volume Forecast by Type
11.7.1. Electric
11.7.2. Hydraulic
11..3. Pneumatic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Valve Controller Demand Share, 2019-2026
12. Asia Pacific Digital Valve Controller Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Valve Controller Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Valve Controller Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Food Industry
12.4.3. Paper Industry
12.4.4. Shipbuilding Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Valve Controller Market Size and Volume Forecast by Type
12.7.1. Electric
12.7.2. Hydraulic
12.7.3. Pneumatic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Valve Controller Demand Share, 2019-2026
13. Middle East & Africa Digital Valve Controller Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Valve Controller Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Valve Controller Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Food Industry
13.4.3. Paper Industry
13.4.4. Shipbuilding Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Valve Controller Market Size and Volume Forecast by Type
13.7.1. Electric
13.7.2. Hydraulic
13.7.3. Pneumatic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Valve Controller Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Valve Controller Market: Market Share Analysis
14.2. Digital Valve Controller Distributors and Customers
14.3. Digital Valve Controller Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dymax
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Emerson Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Spartan Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Askalon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Heap and Partners
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FISHER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KSB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Weidmüller
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PSG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toscano Linea Electronica
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. IHR
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook