Market Overview:
The global subsea rotary gate valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas across the globe. Additionally, factors such as rising investments in offshore exploration and production, growing demand for energy-efficient valves, and technological advancements are also contributing to the growth of this market. Based on type, the global subsea rotary gate valve market is segmented into manual, hydraulic, and electric valves. The hydraulic segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This can be attributed to its advantages such as low power consumption and high reliability over other types of valves. Based on application, the global subsea rotary gate valve market is segmented into oil industry, gas industry, and others applications including water injection systems & pipelines in refineries among others).
Product Definition:
A subsea rotary gate valve is a type of valve used to control the flow of fluids through pipelines. It is a disk-shaped device that is rotated to open or close the valve. Rotary gate valves are often used in oil and gas production facilities, where they are used to control the flow of liquids and gases between wells and processing plants.
Manual:
The global subsea rotary gate valve market size was valued at USD 3.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for efficient processing, rising E&P activities, and increasing complexity in oil & gas operations are some of the key factors driving growth globally.
Hydraulic:
The global hydraulic and it’s usage in the subsea rotary gate valve market size was valued at USD 3.5 billion in 2016. The increasing offshore oil & gas exploration activities coupled with growing requirement for efficient flow control equipment is expected to drive the market growth over the forecast period.
Increasing E&P activities globally along with growing demand for crude oil.
Application Insights:
The oil industry was the dominant segment in 2017 and accounted for over 45% of the overall revenue share. The growth can be attributed to increasing demand for crude oil from emerging economies including China, India, and Brazil. These countries are investing heavily in expanding their refining capacities which will eventually lead to an increase in production activities over the coming years. This factor is expected to drive product demand in this application segment during the forecast period.
The gas industry is anticipated to witness significant growth during the forecast period owing to rising production activities across various regions including North America and Europe.
Regional Analysis:
Asia Pacific led the global market in 2017 and is anticipated to continue its dominance over the forecast period. The presence of major oil & gas, mining and power generation companies in countries such as China, India, South Korea and Japan are expected to drive regional growth. In addition, increasing government spending on energy infrastructure development is also likely to support market growth over the coming years.
The Middle East & Africa region is projected to witness significant growth during the forecast period owing to growing demand for subsea rotary gate valves from offshore projects such as Saudi Arabia’s King Abdullah Port Project (KAPU), Egypt’s SAG refinery project among others. Furthermore, rising exploration activities off the coast of Angola and Nigeria are further expected fuel product demand in this region over next few years.
Growth Factors:
- Increasing demand for subsea production systems in offshore oil and gas fields is expected to drive the growth of the global subsea rotary gate valve market during the forecast period.
- Rising investments in deepwater and ultra-deepwater exploration activities are also anticipated to fuel the demand for subsea rotary gate valves over the next few years.
- Growing popularity of floating production, storage, and offloading (FPSO) vessels is projected to boost the uptake of these valves in near future.
- Rapid expansion of pipeline infrastructure across various regions is likely to create lucrative opportunities for market players operating in this space over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Subsea Rotary Gate Valve Market Research Report
By Type
Manual, Hydraulic, Electric
By Application
Oil Industry, Gas Industry, Others
By Companies
Norvalves, Severn Glocon Group Company (LB Bentley), Oliver Valves Ltd, Advanced Technology Valve, Schlumberger, BEL Valves, Alco Valves, Norvalves
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Subsea Rotary Gate Valve Market Report Segments:
The global Subsea Rotary Gate Valve market is segmented on the basis of:
Types
Manual, Hydraulic, Electric
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, Gas Industry, 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:
- Norvalves
- Severn Glocon Group Company (LB Bentley)
- Oliver Valves Ltd
- Advanced Technology Valve
- Schlumberger
- BEL Valves
- Alco Valves
- Norvalves
Highlights of The Subsea Rotary Gate 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:
- Manual
- Hydraulic
- Electric
- By Application:
- Oil Industry
- Gas Industry
- 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 Subsea Rotary Gate 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
- 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?
A subsea rotary gate valve is a type of valve used in offshore oil and gas production. It allows fluids to flow between two different depths, allowing for efficient drilling operations.
Some of the major companies in the subsea rotary gate valve market are Norvalves, Severn Glocon Group Company (LB Bentley), Oliver Valves Ltd, Advanced Technology Valve, Schlumberger, BEL Valves, Alco Valves, Norvalves.
The subsea rotary gate valve 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 Subsea Rotary Gate 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 Subsea Rotary Gate Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Subsea Rotary Gate 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 Subsea Rotary Gate 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 Subsea Rotary Gate Valve Market Size & Forecast, 2018-2028
4.5.1 Subsea Rotary Gate Valve Market Size and Y-o-Y Growth
4.5.2 Subsea Rotary Gate Valve Market Absolute $ Opportunity
Chapter 5 Global Subsea Rotary Gate Valve 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 Subsea Rotary Gate Valve Market Size Forecast by Type
5.2.1 Manual
5.2.2 Hydraulic
5.2.3 Electric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Subsea Rotary Gate Valve 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 Subsea Rotary Gate Valve Market Size Forecast by Applications
6.2.1 Oil Industry
6.2.2 Gas Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Subsea Rotary Gate 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 Subsea Rotary Gate 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 Subsea Rotary Gate Valve Analysis and Forecast
9.1 Introduction
9.2 North America Subsea Rotary Gate Valve 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 Subsea Rotary Gate Valve Market Size Forecast by Type
9.6.1 Manual
9.6.2 Hydraulic
9.6.3 Electric
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 Subsea Rotary Gate Valve Market Size Forecast by Applications
9.10.1 Oil Industry
9.10.2 Gas Industry
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 Subsea Rotary Gate Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Subsea Rotary Gate Valve 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 Subsea Rotary Gate Valve Market Size Forecast by Type
10.6.1 Manual
10.6.2 Hydraulic
10.6.3 Electric
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 Subsea Rotary Gate Valve Market Size Forecast by Applications
10.10.1 Oil Industry
10.10.2 Gas Industry
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 Subsea Rotary Gate Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Subsea Rotary Gate Valve 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 Subsea Rotary Gate Valve Market Size Forecast by Type
11.6.1 Manual
11.6.2 Hydraulic
11.6.3 Electric
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 Subsea Rotary Gate Valve Market Size Forecast by Applications
11.10.1 Oil Industry
11.10.2 Gas Industry
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 Subsea Rotary Gate Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Subsea Rotary Gate Valve 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 Subsea Rotary Gate Valve Market Size Forecast by Type
12.6.1 Manual
12.6.2 Hydraulic
12.6.3 Electric
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 Subsea Rotary Gate Valve Market Size Forecast by Applications
12.10.1 Oil Industry
12.10.2 Gas Industry
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) Subsea Rotary Gate Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Subsea Rotary Gate Valve 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) Subsea Rotary Gate Valve Market Size Forecast by Type
13.6.1 Manual
13.6.2 Hydraulic
13.6.3 Electric
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) Subsea Rotary Gate Valve Market Size Forecast by Applications
13.10.1 Oil Industry
13.10.2 Gas Industry
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 Subsea Rotary Gate Valve Market: Competitive Dashboard
14.2 Global Subsea Rotary Gate Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Norvalves
14.3.2 Severn Glocon Group Company (LB Bentley)
14.3.3 Oliver Valves Ltd
14.3.4 Advanced Technology Valve
14.3.5 Schlumberger
14.3.6 BEL Valves
14.3.7 Alco Valves
14.3.8 Norvalves
