Market Overview:
The global railway valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the railway valves market can be attributed to the increasing demand for passenger and freight transportation, and the need for efficient and reliable railway systems. The gate valves segment is expected to dominate the global railway valves market during the forecast period, owing to its wide range of applications in various industries such as oil & gas, water & wastewater, power generation, and others.
Product Definition:
A railway valve is a type of valve that is used to control the flow of railway traffic. They are typically used to switch trains from one track to another, or to direct them through a specific route. Railway valves can also be used to block off certain sections of track in order to prevent trains from passing through them.
Gate Valves:
The gate valves are the largest segment of the railway valves. They are used in steam and gas tight applications to control flow through a valve seat by forming a one-way or two-way connection between the stem and the throat. The basic function of these devices is to restrict or allow fluid flow in either direction, based on whether they have one or two openings respectively at their ends.
Control Valves:
Control valves are devices that regulate, control or manage the flow of fluid in pipes. They can be manual or automatic and are used to restrict or allow flow of liquid through a pipe according to need. The working principle is based on the port and star valve which has two separate ports at both ends connected by a stem.
Application Insights:
OEMs held the largest market share of more than 70% in 2017. The railway system is a vital part of the transportation infrastructure in most countries around the world. Therefore, it has become an important segment for OEMs to gain a competitive edge over their counterparts by offering advanced products and services at rock bottom prices.
The aftermarket segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to rising product demand as replacement or additional valves for existing systems on account of wear & tear or aging infrastructure, expansion projects undertaken by governments across various regions,.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and South Korea. These countries are involved in extensive modernization activities with an aim to achieve high growth rates through industrialization and urbanization. This has led to a significant increase in infrastructure development activities across these countries which will further boost product demand over the coming years.
The European market was valued at USD X million in 2017 owing to growing investments from governments for building new railroads along with increasing spending on maintenance & repair of existing railroads infrastructure across this region will drive industry growth over next eight years (2018 To 2030). In addition, introduction of automated trains coupled with favorable government initiatives aimed at reducing carbon footprint by shifting focus towards bio-fuels such as biodiesel will augment industry size further in near future in Europe (2018 To 2030).
Growth Factors:
- Increasing demand for railway valves from the transportation sector due to the growth of railways and urbanization
- Rising demand for railway valves from developing countries owing to the increasing investments in infrastructure development
- Technological advancements in railway valve design and manufacturing processes that improve performance and efficiency
- Growing popularity of smart railways that require advanced railway valves for signaling, communication, and safety purposes
- Proliferation of rail transport as an environmentally friendly alternative to road transport
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Valves Market Research Report
By Type
Gate Valves, Control Valves, Ball Valves, Butterfly Valve, Others
By Application
OEM, Aftermarket
By Companies
Emerson, Flowserve, Cameron, Kitz, KSB, Johnson Controls, ASCO, Kendrion, Danfoss, Parker, Bürkert, SMC, Norgren, CKD, CEME, Sirai, Saginomiya, ODE, Takasago Electric, YPC, PRO UNI-D, Airtac, Zhejiang Sanhua, Anshan Electromagnetic Value, Zhejiang Yongjiu
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Railway Valves Market Report Segments:
The global Railway Valves market is segmented on the basis of:
Types
Gate Valves, Control Valves, Ball Valves, Butterfly Valve, 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
OEM, Aftermarket
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
- Flowserve
- Cameron
- Kitz
- KSB
- Johnson Controls
- ASCO
- Kendrion
- Danfoss
- Parker
- Bürkert
- SMC
- Norgren
- CKD
- CEME
- Sirai
- Saginomiya
- ODE
- Takasago Electric
- YPC
- PRO UNI-D
- Airtac
- Zhejiang Sanhua
- Anshan Electromagnetic Value
- Zhejiang Yongjiu
Highlights of The Railway 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:
- Gate Valves
- Control Valves
- Ball Valves
- Butterfly Valve
- Others
- By Application:
- OEM
- Aftermarket
- 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 Railway 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Railway valves are used to control the flow of water, steam, or other fluid substances in railway systems.
Some of the major players in the railway valves market are Emerson, Flowserve, Cameron, Kitz, KSB, Johnson Controls, ASCO, Kendrion, Danfoss, Parker, B¼rkert, SMC, Norgren, CKD, CEME, Sirai, Saginomiya, ODE, Takasago Electric, YPC, PRO UNI-D, Airtac, Zhejiang Sanhua, Anshan Electromagnetic Value, Zhejiang Yongjiu.
The railway 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 Railway 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 Railway Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Railway 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 Railway 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 Railway Valves Market Size & Forecast, 2018-2028
4.5.1 Railway Valves Market Size and Y-o-Y Growth
4.5.2 Railway Valves Market Absolute $ Opportunity
Chapter 5 Global Railway 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 Railway Valves Market Size Forecast by Type
5.2.1 Gate Valves
5.2.2 Control Valves
5.2.3 Ball Valves
5.2.4 Butterfly Valve
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Railway 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 Railway Valves Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Railway 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 Railway 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 Railway Valves Analysis and Forecast
9.1 Introduction
9.2 North America Railway 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 Railway Valves Market Size Forecast by Type
9.6.1 Gate Valves
9.6.2 Control Valves
9.6.3 Ball Valves
9.6.4 Butterfly Valve
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 Railway Valves Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 Railway Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Railway 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 Railway Valves Market Size Forecast by Type
10.6.1 Gate Valves
10.6.2 Control Valves
10.6.3 Ball Valves
10.6.4 Butterfly Valve
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 Railway Valves Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 Railway Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Railway 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 Railway Valves Market Size Forecast by Type
11.6.1 Gate Valves
11.6.2 Control Valves
11.6.3 Ball Valves
11.6.4 Butterfly Valve
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 Railway Valves Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 Railway Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Railway 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 Railway Valves Market Size Forecast by Type
12.6.1 Gate Valves
12.6.2 Control Valves
12.6.3 Ball Valves
12.6.4 Butterfly Valve
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 Railway Valves Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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) Railway Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Railway 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) Railway Valves Market Size Forecast by Type
13.6.1 Gate Valves
13.6.2 Control Valves
13.6.3 Ball Valves
13.6.4 Butterfly Valve
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) Railway Valves Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 Railway Valves Market: Competitive Dashboard
14.2 Global Railway Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Flowserve
14.3.3 Cameron
14.3.4 Kitz
14.3.5 KSB
14.3.6 Johnson Controls
14.3.7 ASCO
14.3.8 Kendrion
14.3.9 Danfoss
14.3.10 Parker
14.3.11 Bürkert
14.3.12 SMC
14.3.13 Norgren
14.3.14 CKD
14.3.15 CEME
14.3.16 Sirai
14.3.17 Saginomiya
14.3.18 ODE
14.3.19 Takasago Electric
14.3.20 YPC
14.3.21 PRO UNI-D
14.3.22 Airtac
14.3.23 Zhejiang Sanhua
14.3.24 Anshan Electromagnetic Value
14.3.25 Zhejiang Yongjiu
