Market Overview:
The global mechanical control 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 control valves from various end-use industries, such as power generation, oil and gas, chemical industry, food & beverages, automotive, pharmaceuticals and wastewater management. In addition, the growing demand for electric control valves is also contributing to the growth of the global mechanical control valves market. The manual control valve segment is expected to dominate the global mechanical control valves market during the forecast period. This segment accounted for a majority share of the global mechanical control valves market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
A mechanical control valve is a type of valve that uses gears, cams, and levers to open and close the valve. These valves are often used in systems where precise control over the flow of fluid is required. Mechanical control valves can be used to regulate the flow of water, oil, gas, or other fluids.
Manual Control Valve:
Manual control valve is a device that controls the flow of fluid by opening and closing a valve seat. It can be operated manually or automatically via an electric motor, pneumatic mechanism, or hydraulic mechanism. The manual control valves are used in various industries such as chemical processing industry for controlling the flow of liquids and gases like steam and water through pipes at high pressure.
Pneumatic Control Valve:
Pneumatic control valve is a device that controls the flow of fluid in an enclosed space. It can be used to control the pressure or volume of gases, liquids or fluids. Pneumatic control valves are widely used in HVAC (Heating Ventilating and Air Conditioning) systems for controlling temperature and humidity levels in residential as well as commercial buildings.
Application Insights:
The power generation segment dominated the global mechanical control valves market in terms of revenue in 2017. The growth can be attributed to the increasing demand for electricity from developing economies, such as China, India and Brazil. Furthermore, growing investments by governments across various countries in order to meet the energy needs are also expected to drive industry growth over the forecast period.
Oil and gas is one of the major industries that use these valves for controlling processes such as flow rate or pressure adjustment during production or transportation stages. These products are used at multiple points during oil & gas production process including wellhead, pipeline installation and processing facilities along with offshore platforms & drilling ships among others. The aforementioned factors are anticipated to boost product demand over next seven years globally.
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 strong economic growth on account of increasing industrial activities, especially in China and India. Growing population, rising living standards coupled with government support for infrastructure development are some of the key factors driving demand from end-use industries such as power generation, oil & gas, chemicals and food & beverages.
The Middle East & Africa is projected to be one of fastest growing regions over the forecast period owing to rapid developments taking place in countries such as Saudi Arabia and UAE due to increased foreign investments along with other macroeconomic factors that have resulted into an increase in production capacities across various industries including oil&gas; chemicals; water treatment; mining etc., which will drive product demand further. Moreover, rising energy prices are likely to boost consumption across several sectors including power generation industry which will propel market growth further.
Growth Factors:
- Increasing demand for energy efficient systems: The global market for mechanical control valves is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy efficient systems across the world.
- Rising investments in infrastructure: The global market for mechanical control valves is also expected to benefit from the rising investments in infrastructure projects across the world, especially in developing countries such as China and India.
- Growing popularity of smart buildings: The growing popularity of smart buildings is also likely to drive the growth of the global market for mechanical control valves during the forecast period. Smart buildings make use of various advanced technologies such as building automation and controls, which require sophisticated valve systems for proper functioning.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Control Valves Market Research Report
By Type
Manual Control Valve, Pneumatic Control Valve, Hydraulic Control Valve, Electric Control Valve
By Application
Power Generation, Oil and Gas, Chemical Industry, Food & Beverages, Automotive, Pharmaceuticals, Wastewater Management, Others
By Companies
Goodwin International, Flowserve, KITZ, Schlumberger, AVK, Burkert Fluid Control Systems, Emerson Electric, Honeywell International, General Electric Company, EKK, Goodwin International
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Control Valves Market Report Segments:
The global Mechanical Control Valves market is segmented on the basis of:
Types
Manual Control Valve, Pneumatic Control Valve, Hydraulic Control Valve, Electric Control Valve
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
Power Generation, Oil and Gas, Chemical Industry, Food & Beverages, Automotive, Pharmaceuticals, Wastewater Management, 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:
- Goodwin International
- Flowserve
- KITZ
- Schlumberger
- AVK
- Burkert Fluid Control Systems
- Emerson Electric
- Honeywell International
- General Electric Company
- EKK
- Goodwin International
Highlights of The Mechanical Control 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 Control Valve
- Pneumatic Control Valve
- Hydraulic Control Valve
- Electric Control Valve
- By Application:
- Power Generation
- Oil and Gas
- Chemical Industry
- Food & Beverages
- Automotive
- Pharmaceuticals
- Wastewater Management
- 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 Mechanical Control 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?
Mechanical control valves are used to regulate the flow of fluid in and out of a system. They can be opened and closed by a valve handle, or operated by a motor.
Some of the key players operating in the mechanical control valves market are Goodwin International, Flowserve, KITZ, Schlumberger, AVK, Burkert Fluid Control Systems, Emerson Electric, Honeywell International, General Electric Company, EKK, Goodwin International.
The mechanical control valves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mechanical Control 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 Mechanical Control Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical Control 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 Mechanical Control 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 Mechanical Control Valves Market Size & Forecast, 2018-2028
4.5.1 Mechanical Control Valves Market Size and Y-o-Y Growth
4.5.2 Mechanical Control Valves Market Absolute $ Opportunity
Chapter 5 Global Mechanical Control 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 Mechanical Control Valves Market Size Forecast by Type
5.2.1 Manual Control Valve
5.2.2 Pneumatic Control Valve
5.2.3 Hydraulic Control Valve
5.2.4 Electric Control Valve
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanical Control 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 Mechanical Control Valves Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Oil and Gas
6.2.3 Chemical Industry
6.2.4 Food & Beverages
6.2.5 Automotive
6.2.6 Pharmaceuticals
6.2.7 Wastewater Management
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical Control 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 Mechanical Control 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 Mechanical Control Valves Analysis and Forecast
9.1 Introduction
9.2 North America Mechanical Control 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 Mechanical Control Valves Market Size Forecast by Type
9.6.1 Manual Control Valve
9.6.2 Pneumatic Control Valve
9.6.3 Hydraulic Control Valve
9.6.4 Electric Control Valve
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 Mechanical Control Valves Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Oil and Gas
9.10.3 Chemical Industry
9.10.4 Food & Beverages
9.10.5 Automotive
9.10.6 Pharmaceuticals
9.10.7 Wastewater Management
9.10.8 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 Mechanical Control Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanical Control 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 Mechanical Control Valves Market Size Forecast by Type
10.6.1 Manual Control Valve
10.6.2 Pneumatic Control Valve
10.6.3 Hydraulic Control Valve
10.6.4 Electric Control Valve
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 Mechanical Control Valves Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Oil and Gas
10.10.3 Chemical Industry
10.10.4 Food & Beverages
10.10.5 Automotive
10.10.6 Pharmaceuticals
10.10.7 Wastewater Management
10.10.8 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 Mechanical Control Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanical Control 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 Mechanical Control Valves Market Size Forecast by Type
11.6.1 Manual Control Valve
11.6.2 Pneumatic Control Valve
11.6.3 Hydraulic Control Valve
11.6.4 Electric Control Valve
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 Mechanical Control Valves Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Oil and Gas
11.10.3 Chemical Industry
11.10.4 Food & Beverages
11.10.5 Automotive
11.10.6 Pharmaceuticals
11.10.7 Wastewater Management
11.10.8 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 Mechanical Control Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanical Control 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 Mechanical Control Valves Market Size Forecast by Type
12.6.1 Manual Control Valve
12.6.2 Pneumatic Control Valve
12.6.3 Hydraulic Control Valve
12.6.4 Electric Control Valve
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 Mechanical Control Valves Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Oil and Gas
12.10.3 Chemical Industry
12.10.4 Food & Beverages
12.10.5 Automotive
12.10.6 Pharmaceuticals
12.10.7 Wastewater Management
12.10.8 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) Mechanical Control Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanical Control 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) Mechanical Control Valves Market Size Forecast by Type
13.6.1 Manual Control Valve
13.6.2 Pneumatic Control Valve
13.6.3 Hydraulic Control Valve
13.6.4 Electric Control Valve
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) Mechanical Control Valves Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Oil and Gas
13.10.3 Chemical Industry
13.10.4 Food & Beverages
13.10.5 Automotive
13.10.6 Pharmaceuticals
13.10.7 Wastewater Management
13.10.8 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 Mechanical Control Valves Market: Competitive Dashboard
14.2 Global Mechanical Control Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Goodwin International
14.3.2 Flowserve
14.3.3 KITZ
14.3.4 Schlumberger
14.3.5 AVK
14.3.6 Burkert Fluid Control Systems
14.3.7 Emerson Electric
14.3.8 Honeywell International
14.3.9 General Electric Company
14.3.10 EKK
14.3.11 Goodwin International
