Market Overview:
The global hydraulic valves market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydraulic valves from various end-use industries, such as oil and gas, chemical, water conservation, and others. In addition, the growing demand for electric control hydraulic valves is also contributing to the growth of the global hydraulic valves market. Based on type, manual hydraulic valves accounted for a major share of the global Hydraulic Valves Market in 2017. However, electric control hydraulics valve are expected to witness higher growth during the forecast period owing to their advantages over manual hydraulics valve such as easy installation and operation and low maintenance cost. Based on application, oil industry held a dominant position in 2017 and is projected to maintain its dominance duringthe forecast period owingto high demand from developing countries such as Chinaand India .
Product Definition:
A hydraulic valve is a component of a hydraulic system that controls the flow of fluid. Valves are used to direct the flow of fluid to specific locations in the system, and to control its pressure and speed. Hydraulic valves are important because they allow the operator to control the movement of objects in a hydraulic system.
Manual Hydraulic Valves:
Manual hydraulic valves are used to control the flow of a liquid or fluid through a pipe. They can be open, partially closed or completely closed and are controlled by an operator using manual pressure on the valve handle. The main function of these valves is to allow smooth flow in low-pressure situations where normally automatic devices would present difficulties such as at low gate pressures, high temperatures, and wide flows.
Electric Control Hydraulic Valves:
Electric control hydraulic valves are used in hydraulic systems to act as an alternative to pneumatic controls. They can be used for controlling the flow of liquids and gases in a system, depending on the requirements of the user. The electric control hydraulic valve is a two-way valve that allows fluid to pass through it from one side to another with no loss of pressure or energy.
Application Insights:
The oil industry was the largest application segment in 2017 and accounted for a market share of over 35% in terms of revenue. The growth can be attributed to the increasing demand for petroleum products across the globe. Rapid urbanization, rising income levels, changing lifestyles and growing environmental concerns are likely to boost product demand in this sector over the forecast period.
Hydraulic control valves are used as actuators or sensors in various industrial applications including oil & gas, chemical, food & beverage and water conservation industries among others. These devices operate based on hydraulic principles using pressure differences to perform operations like opening or closing a valve stem thereby performing tasks that were previously performed by mechanical systems such as rotating equipment or motors at higher costs or times with lower reliability due to human errors leading to increased safety requirements which is expected drive their adoption further contributing towards overall market growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industries such as oil & gas, mining, water conservation, construction and others. China is one of the largest consumers of industrial valves owing to its extensive manufacturing sector including automotive and heavy machinery industry.
The Middle East & Africa (MEA) region also contributed significantly toward market share in terms of demand but with a lower revenue share than Asia Pacific due to low penetration rate for manual operated valves especially for large scale projects compared to electric operated valves which are preferred by most customers because they are cheaper and easier to install compared valve maintenance requirements associated with hydraulic motors used for valve operation. Moreover, MEA prefers foreign brands such as Valves Ltd.
Growth Factors:
- Increasing demand for hydraulic valves from the automotive industry as they are used in braking, steering, and transmission systems
- Growing popularity of hydraulic systems in construction and mining industries due to their high efficiency and performance
- Rising investments in research and development by valve manufacturers to develop new technologies and products
- Rapid growth of the Asia Pacific region as a key market for hydraulic valves due to the increasing industrialization and infrastructure development activities
- Proliferation of smart technologies in hydraulics that offer enhanced control, monitoring, and safety features
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Valves Market Research Report
By Type
Manual Hydraulic Valves, Electric Control Hydraulic Valves, Hydraulic Control Hydraulic Valves
By Application
Oil Industry, Chemical Industry, Water Conservation, Others
By Companies
Bosch Rexroth, Daikin Industries, Eaton, Kawasaki Heavy Industries, Parker Hannifin, Bosch Rexroth
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Valves Market Report Segments:
The global Hydraulic Valves market is segmented on the basis of:
Types
Manual Hydraulic Valves, Electric Control Hydraulic Valves, Hydraulic Control Hydraulic Valves
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 Industry, Chemical Industry, Water Conservation, 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:
- Bosch Rexroth
- Daikin Industries
- Eaton
- Kawasaki Heavy Industries
- Parker Hannifin
- Bosch Rexroth
Highlights of The Hydraulic Valves 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:
- Manual Hydraulic Valves
- Electric Control Hydraulic Valves
- Hydraulic Control Hydraulic Valves
- By Application:
- Oil Industry
- Chemical Industry
- Water Conservation
- 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 Hydraulic Valves 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?
Hydraulic valves are a type of valve that uses hydraulic pressure to open and close. They are used in many different applications, including water systems, oil pipelines, and manufacturing plants.
Some of the key players operating in the hydraulic valves market are Bosch Rexroth, Daikin Industries, Eaton, Kawasaki Heavy Industries, Parker Hannifin, Bosch Rexroth.
The hydraulic valves 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 Hydraulic Valves 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 Hydraulic Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Valves 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 Hydraulic Valves 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 Hydraulic Valves Market Size & Forecast, 2018-2028
4.5.1 Hydraulic Valves Market Size and Y-o-Y Growth
4.5.2 Hydraulic Valves Market Absolute $ Opportunity
Chapter 5 Global Hydraulic Valves 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 Hydraulic Valves Market Size Forecast by Type
5.2.1 Manual Hydraulic Valves
5.2.2 Electric Control Hydraulic Valves
5.2.3 Hydraulic Control Hydraulic Valves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic Valves 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 Hydraulic Valves Market Size Forecast by Applications
6.2.1 Oil Industry
6.2.2 Chemical Industry
6.2.3 Water Conservation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Valves 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 Hydraulic Valves 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 Hydraulic Valves Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic Valves 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 Hydraulic Valves Market Size Forecast by Type
9.6.1 Manual Hydraulic Valves
9.6.2 Electric Control Hydraulic Valves
9.6.3 Hydraulic Control Hydraulic Valves
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 Hydraulic Valves Market Size Forecast by Applications
9.10.1 Oil Industry
9.10.2 Chemical Industry
9.10.3 Water Conservation
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 Hydraulic Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic Valves 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 Hydraulic Valves Market Size Forecast by Type
10.6.1 Manual Hydraulic Valves
10.6.2 Electric Control Hydraulic Valves
10.6.3 Hydraulic Control Hydraulic Valves
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 Hydraulic Valves Market Size Forecast by Applications
10.10.1 Oil Industry
10.10.2 Chemical Industry
10.10.3 Water Conservation
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 Hydraulic Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic Valves 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 Hydraulic Valves Market Size Forecast by Type
11.6.1 Manual Hydraulic Valves
11.6.2 Electric Control Hydraulic Valves
11.6.3 Hydraulic Control Hydraulic Valves
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 Hydraulic Valves Market Size Forecast by Applications
11.10.1 Oil Industry
11.10.2 Chemical Industry
11.10.3 Water Conservation
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 Hydraulic Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic Valves 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 Hydraulic Valves Market Size Forecast by Type
12.6.1 Manual Hydraulic Valves
12.6.2 Electric Control Hydraulic Valves
12.6.3 Hydraulic Control Hydraulic Valves
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 Hydraulic Valves Market Size Forecast by Applications
12.10.1 Oil Industry
12.10.2 Chemical Industry
12.10.3 Water Conservation
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) Hydraulic Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic Valves 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) Hydraulic Valves Market Size Forecast by Type
13.6.1 Manual Hydraulic Valves
13.6.2 Electric Control Hydraulic Valves
13.6.3 Hydraulic Control Hydraulic Valves
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) Hydraulic Valves Market Size Forecast by Applications
13.10.1 Oil Industry
13.10.2 Chemical Industry
13.10.3 Water Conservation
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 Hydraulic Valves Market: Competitive Dashboard
14.2 Global Hydraulic Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch Rexroth
14.3.2 Daikin Industries
14.3.3 Eaton
14.3.4 Kawasaki Heavy Industries
14.3.5 Parker Hannifin
14.3.6 Bosch Rexroth
