Market Overview:
The global pilot operated safety valve 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 safety valves in various applications, such as boilers, pressure vessels, and others. Additionally, the growing awareness about safety valves among end users is also contributing to the growth of this market. The global pilot operated safety valve market can be segmented on the basis of type into closed type and non-closed type. The closed type segment is expected to hold a larger share of the global market during the forecast period owing to its advantages over non-closed types such as low leakage rate and easy maintenance. On the basis of application,the global pilot operated safety valvemarket can be divided into boilers, pressure vessels, and others (refineries & petrochemical plants). The boiler segment is anticipatedto hold a major shareof thismarketduringthe forecastperioddue tobethegrowing demand for energy across different regions worldwide.
Product Definition:
A pilot-operated safety valve is a valve that uses a small amount of fluid flow to control a much larger flow of fluid. This type of valve is often used in high-pressure or high-temperature applications, as it can provide precise control over the flow of fluids while maintaining safety.
Closed Type:
Closed type is a safety valve which can be closed by the pilot operated. It has no flow through port and hence it does not affect the downstream pressure or velocity. The closed type is mainly used in high-pressure, high-temperature environment to control the pressure loss and overspeed of turbine blades in gas turbines, steam turbines or supercritical power plants.
Increasing demand for natural gas from various sectors such as industrial, commercial.
Non-closed Type:
Non-closed type is used in pilot operated safety valve market. It’s a device that opens automatically to let fluid pass through and it returns to original position when pressure is released.
It can be of two types: positive displacement and negative displacement.
Application Insights:
The boiler application segment led the global pilot operated safety valve market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for boilers, which are used for generating electricity as well as heat across various industries. Boilers require a large amount of water during operation since they consume steam generated from water that is heated inside a boiler furnace. A large boiler with high heating capacity requires more steam than required and hence extra pressure is applied on the safety valve, which opens automatically if there is any excess pressure build-up in the system due to lack of sufficient flow rate through throttling valves or pipes connected with it.
The others application segment includes chemical plants, LNG terminals.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies of China, India, Indonesia, Malaysia and Thailand. Moreover, rising demand for passenger aircraft by China is anticipated to drive industry expansion over the next eight years.
The North America pilot operated safety valve market accounted for a share of more than 15% in 2017 owing to high product adoption across industries such as oil & gas and chemical processing which resulted into increased pressure within vessels or pipes leading to rupture of existing components resulting into hazardous situations.
Europe was estimated as one of the prominent regions with a revenue share exceeding 20% owing both ends; upstream oil & gas sector on one hand.
Growth Factors:
- Increasing demand for safety valves in oil and gas industry
- Rising awareness about the benefits of using safety valves
- Growing popularity of pilot operated safety valves among end users
- Technological advancements in the manufacturing of pilot operated safety valves
- Proliferation of stringent government regulations for process safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Pilot Operated Safety Valve Market Research Report
By Type
Closed Type, Non-closed Type
By Application
Boiler, Pressure Vessel, Others
By Companies
Leser, Baker Hughes, Emerson, Mohammed Binghalib Energy Enterprises, Cameron, Proconex, Robertshaw, Ebora, Rectorseal, Curtiss-Wright, Trillium Flow Technologies
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Pilot Operated Safety Valve Market Report Segments:
The global Pilot Operated Safety Valve market is segmented on the basis of:
Types
Closed Type, Non-closed Type
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
Boiler, Pressure Vessel, 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:
- Leser
- Baker Hughes
- Emerson
- Mohammed Binghalib Energy Enterprises
- Cameron
- Proconex
- Robertshaw
- Ebora
- Rectorseal
- Curtiss-Wright
- Trillium Flow Technologies
Highlights of The Pilot Operated Safety 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:
- Closed Type
- Non-closed Type
- By Application:
- Boiler
- Pressure Vessel
- 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 Pilot Operated Safety 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?
A Pilot Operated Safety Valve (POSV) is a safety device that allows gas to escape from a pipeline in the event of an emergency. When activated, the POSV opens quickly and safely allowing gas to escape without causing further damage.
Some of the major players in the pilot operated safety valve market are Leser, Baker Hughes, Emerson, Mohammed Binghalib Energy Enterprises, Cameron, Proconex, Robertshaw, Ebora, Rectorseal, Curtiss-Wright, Trillium Flow Technologies.
The pilot operated safety 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 Pilot Operated Safety 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 Pilot Operated Safety Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pilot Operated Safety 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 Pilot Operated Safety 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 Pilot Operated Safety Valve Market Size & Forecast, 2020-2028
4.5.1 Pilot Operated Safety Valve Market Size and Y-o-Y Growth
4.5.2 Pilot Operated Safety Valve Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Closed Type
5.2.2 Non-closed Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Boiler
6.2.2 Pressure Vessel
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pilot Operated Safety 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 Pilot Operated Safety 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Closed Type
9.6.2 Non-closed Type
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 Market Size Forecast by Applications
9.10.1 Boiler
9.10.2 Pressure Vessel
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Closed Type
10.6.2 Non-closed Type
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 Market Size Forecast by Applications
10.10.1 Boiler
10.10.2 Pressure Vessel
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Closed Type
11.6.2 Non-closed Type
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 Market Size Forecast by Applications
11.10.1 Boiler
11.10.2 Pressure Vessel
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Closed Type
12.6.2 Non-closed Type
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 Market Size Forecast by Applications
12.10.1 Boiler
12.10.2 Pressure Vessel
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Closed Type
13.6.2 Non-closed Type
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) Market Size Forecast by Applications
13.10.1 Boiler
13.10.2 Pressure Vessel
13.10.3 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 Pilot Operated Safety Valve Market: Competitive Dashboard
14.2 Global Pilot Operated Safety Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Leser
14.3.2 Baker Hughes
14.3.3 Emerson
14.3.4 Mohammed Binghalib Energy Enterprises
14.3.5 Cameron
14.3.6 Proconex
14.3.7 Robertshaw
14.3.8 Ebora
14.3.9 Rectorseal
14.3.10 Curtiss-Wright
14.3.11 Trillium Flow Technologies
