Market Overview:
The global shuttle 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 industrial machinery and pumps across the globe. Additionally, the growing demand for standby systems is also contributing to the growth of this market. The hydraulic shuttle valves segment is expected to dominate the global shuttle valves market during the forecast period, owing to their high efficiency and durability.
Product Definition:
Shuttle Valves are used as a means of diverting flow from one line to another, often in conjunction with other valves. They are typically placed between two Tee fittings, and can be opened or closed to change the direction of flow.
Hydraulic Shuttle Valves:
Hydraulic shuttle valves are used in process industries to control and monitor the flow of liquids and gases. They are mainly used for controlling the pressure, which is acting on a particular part of a system. Hydraulic shuttles can be closed by using diaphragms, gates or plugs. The selection depends upon factors such as operating conditions, material being transported and downstream processing requirements among others.
Pneumatic Shuttle Valves:
Pneumatic shuttle valves are used in process industries to control the flow of liquids and gases. They are mainly used for controlling the pressure, directing fluid at high rates of speed, and maintaining a constant pressure across various parts of a process plant. Pneumatic shuttles can be closed by using diaphragms or gates as well as opened by using pistons orculeps.
Application Insights:
The industrial machinery segment led the market and accounted for more than 40.0% share of the global revenue in 2017. The growth is attributed to a large number of manufacturing industries across various regions, which require a large amount of energy and other resources, thereby driving the demand for energy-efficient solutions such as ISSVs. Furthermore, increasing investments in developing countries such as China and India are expected to boost product demand over the forecast period.
The used with pumps application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in oil & gas activities across various regions including Middle East & Africa where high cost crude oil extraction techniques are being employed resulting in increased production volumes that need constant supply lines from upstream projects along with associated valves used onshore or offshore thus driving its demand globally shuttle valves market size, scope & direction by 2030 ¢â‚¬â€œ2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to the presence of numerous manufacturing industries in countries, such as China, India, Japan and South Korea. In addition, increasing demand for energy efficient products is anticipated to drive the market growth over the forecast period.
The Asia Pacific was followed by Europe which accounted for 26% of total revenue share in 2017 due to growing industrial machinery production coupled with stringent government regulations regarding carbon emissions from machines. The Middle East & Africa also contributed significantly towards industry growth owing to large oil & gas reserves present across various countries including Qatar and Saudi Arabia. However, economic slowdown witnessed across various economies including Dubai and Abu Dhabi since 2014 has affected valve production volumes negatively thereby affecting overall industry growth over past few years.
Growth Factors:
- Increasing demand for shuttle valves in oil and gas industry for efficient flow control
- Rising investments in infrastructure development
- Growing popularity of automation and smart technologies in valve industry
- Proliferation of shale gas exploration and production activities
- Technological advancements leading to the development of more advanced shuttle valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Shuttle Valves Market Research Report
By Type
Hydraulic Shuttle Valves, Pneumatic Shuttle Valves
By Application
Industrial Machinery, Standby Systems, Used With Pumps
By Companies
Lee Shuttle, Parker, Pneumadyne, Bucher Hydraulics, Inc, JAUDT, ROSS, Sun Hydraulics LLC, Versa Products Company Inc, HYDAC, Duplomatic Motion Solutions, Humphrey, Rotork, SMC Corporation, Ruelco, Fluid Press, Festo, Related Fluid Power Ltd, Bimba Manufacturing Company, Kobelt Manufacturing, Qingdao Elite Machinery Manufacture
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Shuttle Valves Market Report Segments:
The global Shuttle Valves market is segmented on the basis of:
Types
Hydraulic Shuttle Valves, Pneumatic Shuttle 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
Industrial Machinery, Standby Systems, Used With Pumps
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:
- Lee Shuttle
- Parker
- Pneumadyne
- Bucher Hydraulics, Inc
- JAUDT
- ROSS
- Sun Hydraulics LLC
- Versa Products Company Inc
- HYDAC
- Duplomatic Motion Solutions
- Humphrey
- Rotork
- SMC Corporation
- Ruelco
- Fluid Press
- Festo
- Related Fluid Power Ltd
- Bimba Manufacturing Company
- Kobelt Manufacturing
- Qingdao Elite Machinery Manufacture
Highlights of The Shuttle 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:
- Hydraulic Shuttle Valves
- Pneumatic Shuttle Valves
- By Application:
- Industrial Machinery
- Standby Systems
- Used With Pumps
- 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 Shuttle 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?
Shuttle valves are used to control the flow of liquids and gases in pipelines. They are also called check valves, relief valves, or butterfly valves.
Some of the major companies in the shuttle valves market are Lee Shuttle, Parker, Pneumadyne, Bucher Hydraulics, Inc, JAUDT, ROSS, Sun Hydraulics LLC, Versa Products Company Inc, HYDAC, Duplomatic Motion Solutions, Humphrey, Rotork, SMC Corporation, Ruelco, Fluid Press, Festo, Related Fluid Power Ltd, Bimba Manufacturing Company, Kobelt Manufacturing, Qingdao Elite Machinery Manufacture.
The shuttle 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 Shuttle 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 Shuttle Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shuttle 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 Shuttle 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 Shuttle Valves Market Size & Forecast, 2020-2028
4.5.1 Shuttle Valves Market Size and Y-o-Y Growth
4.5.2 Shuttle Valves 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 Hydraulic Shuttle Valves
5.2.2 Pneumatic Shuttle Valves
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 Industrial Machinery
6.2.2 Standby Systems
6.2.3 Used With Pumps
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shuttle 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 Shuttle 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 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 Hydraulic Shuttle Valves
9.6.2 Pneumatic Shuttle 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 Market Size Forecast by Applications
9.10.1 Industrial Machinery
9.10.2 Standby Systems
9.10.3 Used With Pumps
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 Hydraulic Shuttle Valves
10.6.2 Pneumatic Shuttle 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 Market Size Forecast by Applications
10.10.1 Industrial Machinery
10.10.2 Standby Systems
10.10.3 Used With Pumps
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 Hydraulic Shuttle Valves
11.6.2 Pneumatic Shuttle 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 Market Size Forecast by Applications
11.10.1 Industrial Machinery
11.10.2 Standby Systems
11.10.3 Used With Pumps
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 Hydraulic Shuttle Valves
12.6.2 Pneumatic Shuttle 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 Market Size Forecast by Applications
12.10.1 Industrial Machinery
12.10.2 Standby Systems
12.10.3 Used With Pumps
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 Hydraulic Shuttle Valves
13.6.2 Pneumatic Shuttle 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) Market Size Forecast by Applications
13.10.1 Industrial Machinery
13.10.2 Standby Systems
13.10.3 Used With Pumps
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 Shuttle Valves Market: Competitive Dashboard
14.2 Global Shuttle Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lee Shuttle
14.3.2 Parker
14.3.3 Pneumadyne
14.3.4 Bucher Hydraulics, Inc
14.3.5 JAUDT
14.3.6 ROSS
14.3.7 Sun Hydraulics LLC
14.3.8 Versa Products Company Inc
14.3.9 HYDAC
14.3.10 Duplomatic Motion Solutions
14.3.11 Humphrey
14.3.12 Rotork
14.3.13 SMC Corporation
14.3.14 Ruelco
14.3.15 Fluid Press
14.3.16 Festo
14.3.17 Related Fluid Power Ltd
14.3.18 Bimba Manufacturing Company
14.3.19 Kobelt Manufacturing
14.3.20 Qingdao Elite Machinery Manufacture
