Market Overview:
The global adjustable choke valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oil and gas, rising investments in the oil and gas industry, and growing awareness about energy conservation. The global adjustable choke valve market is segmented on the basis of type, application, and region. On the basis of type, it is divided into needle type adjustable choke valve (JFK), barrel type choke valve (JFT), cage type choke valve (JFL), orifice type choke valve (JFB), and others.
Product Definition:
An adjustable choke valve is a device used to control the amount of fluid passing through a pipe or other conduit. The valve can be opened wider to allow more fluid through, or closed more tightly to restrict the flow. Adjustable choke valves are often used in pipelines carrying oil or other hazardous materials, as they allow operators to adjust the flow rate depending on conditions and needs.
Needle Type Adjustable Choke Valve (JFK):
The adjustable choke valve (ajc) is a device that opens and closes an airway in an engine. It controls the flow of fuel into the engine and prevents it from running dry. The ajc is located on the intake stroke, upstream of any injectors or carburetors, near to where the piston starts its upward movement towards Top Dead Center (TDC).
Barrel Type Choke Valve (JFT):
The barrel type choke valve is a closed position valve which is installed in the intake tract of the engine. It controls and regulates fuel flow from the carburetor to the engine, thereby controlling power output. The JFT has an advantage over conventional manual choke devices as it can be operated without removing hands from steering wheel or control levers.
Application Insights:
The oil and gas application segment led the global adjustable choke valve market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to its rising use in various sub-segments including upstream, midstream, and downstream sectors. In addition, growing investments by foreign players in shale gas reserves are expected to drive the demand for adjustability of Orifice Type AO chokes over the next eight years.
Reservoirs application segment is also expected to witness significant growth during the same period owing to its rising adoption across water supply & irrigation purposes as well as drinking water applications from domestic consumers on a global level coupled with an increase in investment by public-private partnerships (PPP) on a regional level will further fuel industry expansion over next eight years or so.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for oil and gas in emerging economies such as India, China, Indonesia, and Malaysia. In addition, rising investments in exploration activities are anticipated to drive the market over the forecast period.
The Middle East & Africa was one of the largest regions accounting for 30.0% share in 2016 on account of large proven reserves of crude oil particularly in Saudi Arabia and UAE (UAE). The presence of major players including Shell Chemicals Ltd., ExxonMobil Corp., Total SA; along with continuous developments undertaken by government agencies pertaining their upstream sector is anticipated to boost market growth over next eight years.
North America was valued at USD X million in 2016 owing high product demand from various end-use sectors such as chemical processing industry and food processing plants due increase processed food consumption trend among consumers especially U.
Growth Factors:
- Increasing demand for adjustable choke valves from oil and gas industry as it helps in controlling the flow of fluids
- Rising investments in the oil and gas sector across the globe
- Growing number of drilling activities for exploration of new reserves
- Technological advancements in adjustable choke valves that offer better performance and efficiency
- Increasing adoption of adjustable choke valves in refineries and petrochemical plants
Scope Of The Report
Report Attributes
Report Details
Report Title
Adjustable Choke Valve Market Research Report
By Type
Needle Type Adjustable Choke Valve (JFK), Barrel Type Choke Valve (JFT), Cage Type Choke Valve (JFL), Orifice Type Choke Valve (JFB), Others
By Application
Oil and Gas, Reservoirs, Industry, Others
By Companies
Emerson, IMI Critical Engineering, GE Oil & Gas, Schlumberger, Jereh Oilfield, Kent Introl, National Oilwell Varco, Weir Group, Mokveld Valves B.V., Wright Valve Group, QUAM, Master Flo, Cyclonic Valve Company, Samson Group
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Adjustable Choke Valve Market Report Segments:
The global Adjustable Choke Valve market is segmented on the basis of:
Types
Needle Type Adjustable Choke Valve (JFK), Barrel Type Choke Valve (JFT), Cage Type Choke Valve (JFL), Orifice Type Choke Valve (JFB), Others
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
Oil and Gas, Reservoirs, 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:
- Emerson
- IMI Critical Engineering
- GE Oil & Gas
- Schlumberger
- Jereh Oilfield
- Kent Introl
- National Oilwell Varco
- Weir Group
- Mokveld Valves B.V.
- Wright Valve Group
- QUAM
- Master Flo
- Cyclonic Valve Company
- Samson Group
Highlights of The Adjustable Choke Valve 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:
- Needle Type Adjustable Choke Valve (JFK)
- Barrel Type Choke Valve (JFT)
- Cage Type Choke Valve (JFL)
- Orifice Type Choke Valve (JFB)
- Others
- By Application:
- Oil and Gas
- Reservoirs
- 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 Adjustable Choke Valve 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
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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?
An adjustable choke valve is a device that allows the shooter to adjust the amount of air/gas that is allowed into the barrel during firing. This can be useful in situations where different rounds require different amounts of air/gas to function properly.
Some of the major players in the adjustable choke valve market are Emerson, IMI Critical Engineering, GE Oil & Gas, Schlumberger, Jereh Oilfield, Kent Introl, National Oilwell Varco, Weir Group, Mokveld Valves B.V., Wright Valve Group, QUAM, Master Flo, Cyclonic Valve Company, Samson Group.
The adjustable choke valve market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Adjustable Choke Valve Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Adjustable Choke Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Adjustable Choke Valve Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Adjustable Choke Valve Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Adjustable Choke Valve Market Size & Forecast, 2018-2028
4.5.1 Adjustable Choke Valve Market Size and Y-o-Y Growth
4.5.2 Adjustable Choke Valve Market Absolute $ Opportunity
Chapter 5 Global Adjustable Choke Valve Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Adjustable Choke Valve Market Size Forecast by Type
5.2.1 Needle Type Adjustable Choke Valve (JFK)
5.2.2 Barrel Type Choke Valve (JFT)
5.2.3 Cage Type Choke Valve (JFL)
5.2.4 Orifice Type Choke Valve (JFB)
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Adjustable Choke Valve Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Adjustable Choke Valve Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Reservoirs
6.2.3 Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Adjustable Choke Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Adjustable Choke Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Adjustable Choke Valve Analysis and Forecast
9.1 Introduction
9.2 North America Adjustable Choke Valve Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Adjustable Choke Valve Market Size Forecast by Type
9.6.1 Needle Type Adjustable Choke Valve (JFK)
9.6.2 Barrel Type Choke Valve (JFT)
9.6.3 Cage Type Choke Valve (JFL)
9.6.4 Orifice Type Choke Valve (JFB)
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Adjustable Choke Valve Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Reservoirs
9.10.3 Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Adjustable Choke Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Adjustable Choke Valve Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Adjustable Choke Valve Market Size Forecast by Type
10.6.1 Needle Type Adjustable Choke Valve (JFK)
10.6.2 Barrel Type Choke Valve (JFT)
10.6.3 Cage Type Choke Valve (JFL)
10.6.4 Orifice Type Choke Valve (JFB)
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Adjustable Choke Valve Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Reservoirs
10.10.3 Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Adjustable Choke Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Adjustable Choke Valve Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Adjustable Choke Valve Market Size Forecast by Type
11.6.1 Needle Type Adjustable Choke Valve (JFK)
11.6.2 Barrel Type Choke Valve (JFT)
11.6.3 Cage Type Choke Valve (JFL)
11.6.4 Orifice Type Choke Valve (JFB)
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Adjustable Choke Valve Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Reservoirs
11.10.3 Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Adjustable Choke Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Adjustable Choke Valve Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Adjustable Choke Valve Market Size Forecast by Type
12.6.1 Needle Type Adjustable Choke Valve (JFK)
12.6.2 Barrel Type Choke Valve (JFT)
12.6.3 Cage Type Choke Valve (JFL)
12.6.4 Orifice Type Choke Valve (JFB)
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Adjustable Choke Valve Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Reservoirs
12.10.3 Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Adjustable Choke Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Adjustable Choke Valve Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Adjustable Choke Valve Market Size Forecast by Type
13.6.1 Needle Type Adjustable Choke Valve (JFK)
13.6.2 Barrel Type Choke Valve (JFT)
13.6.3 Cage Type Choke Valve (JFL)
13.6.4 Orifice Type Choke Valve (JFB)
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Adjustable Choke Valve Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Reservoirs
13.10.3 Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Adjustable Choke Valve Market: Competitive Dashboard
14.2 Global Adjustable Choke Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 IMI Critical Engineering
14.3.3 GE Oil & Gas
14.3.4 Schlumberger
14.3.5 Jereh Oilfield
14.3.6 Kent Introl
14.3.7 National Oilwell Varco
14.3.8 Weir Group
14.3.9 Mokveld Valves B.V.
14.3.10 Wright Valve Group
14.3.11 QUAM
14.3.12 Master Flo
14.3.13 Cyclonic Valve Company
14.3.14 Samson Group
