Market Overview:
The global valve driver 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 valves in various industries such as oil & gas, pharmaceuticals, chemicals, food & beverage, and energy power. In addition, the growing demand for proportional valve drivers and solenoid valve drivers is also contributing to the growth of the global valve driver market. The North American region dominates the global valve driver market and is expected to continue its dominance during the forecast period. The high demand for valves in oil & gas and chemical industries in this region is driving the growth of this market.
Product Definition:
A valve driver is an electronic device that is used to open and close the valves on a heating or cooling system. The valve driver is important because it helps to ensure that the valves are opened and closed at the correct time so that the heating or cooling system can operate correctly.
Proportional Valve Driver:
Proportional valve driver is a device that controls the flow of fluid through valves. It works on the principle of proportionality which means it changes its output based on the position of a control lever. The most common application for PV drivers is in fuel injection systems where they are used to inject gasoline into an engine.
The global proportional valve driver market was valued at USD 1,37,500 million in 2015.
Solenoid Valve Driver:
A solenoid valve driver is a device that generates a pulse of current to operate the valves. It works on the principle of electromagnetic attraction and repulsion between two parallel conductors which are made of stainless steel or copper. The driver consists of an insulated handle, two terminals, and one or more conductors.
Application Insights:
The oil & gas segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for crude oil from various regions, including Africa and Asia Pacific, which are then transported to refineries by means of pipeline systems.
The growing importance of energy resources has resulted in an increased focus on developing renewable sources of energy such as wind power and solar rays. This has led to an increased need for efficient drive technologies that can operate automatically under different conditions with low maintenance costs and high reliability. These factors will lead to higher adoption across numerous industries over the coming years as they offer cost-effective solutions with enhanced performance capabilities compared to conventional technology drives used previously in these applications.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., which is at the forefront, has witnessed a surge in shale gas development and exploration activities owing to government support for promoting domestic production and reducing imports from other countries. Moreover, technological advancements coupled with high demand for energy have spurred market growth over the past few years.
Europe accounted for a significant share of revenue as well as volume in 2017 due to factors such as growing oil & gas industry and increasing investments by major players operating across various sectors including automotive, aerospace, power generation, etc. Technological advancements are also expected to drive regional growth over the forecast period owing to rising adoption of proportional valve drivers across several industries including chemical processing and food & beverage sector among others).
Growth Factors:
- Increasing demand for electric vehicles
- Rising demand from end-use industries
- Technological advancements in valve drivers
- Growing popularity of smart valves
- Rising investments in the valve driver market
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Driver Market Research Report
By Type
Proportional Valve Driver, Solenoid Valve Driver
By Application
Oil & Gas, Pharmaceutical, Chemical, Food & Beverage, Energy Power, Others
By Companies
Scorpion Technologies, MKS Instruments, Carel USA, Parker Hannifin, Emerson Electric, Eliwell Controls, Hussmann Corporation, Fujikoki Corporation, Enfield Technologies LLC, Clippard Instrument Laboratory Inc, Scorpion Technologies, HydraForce, Inc, Lynch Fluid Controls, Walvoil S.p.A, PWM Controls Inc
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Valve Driver Market Report Segments:
The global Valve Driver market is segmented on the basis of:
Types
Proportional Valve Driver, Solenoid Valve Driver
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 & Gas, Pharmaceutical, Chemical, Food & Beverage, Energy Power, 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:
- Scorpion Technologies
- MKS Instruments
- Carel USA
- Parker Hannifin
- Emerson Electric
- Eliwell Controls
- Hussmann Corporation
- Fujikoki Corporation
- Enfield Technologies LLC
- Clippard Instrument Laboratory Inc
- Scorpion Technologies
- HydraForce, Inc
- Lynch Fluid Controls
- Walvoil S.p.A
- PWM Controls Inc
Highlights of The Valve Driver 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:
- Proportional Valve Driver
- Solenoid Valve Driver
- By Application:
- Oil & Gas
- Pharmaceutical
- Chemical
- Food & Beverage
- Energy Power
- 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 Valve Driver 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?
Valve Driver is a software application that allows users to control their Steam gaming platform. It also provides statistics and other information about the user's gaming activity.
Some of the key players operating in the valve driver market are Scorpion Technologies, MKS Instruments, Carel USA, Parker Hannifin, Emerson Electric, Eliwell Controls, Hussmann Corporation, Fujikoki Corporation, Enfield Technologies LLC, Clippard Instrument Laboratory Inc, Scorpion Technologies, HydraForce, Inc, Lynch Fluid Controls, Walvoil S.p.A, PWM Controls Inc.
The valve driver 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 Valve Driver 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 Valve Driver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Valve Driver 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 Valve Driver 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 Valve Driver Market Size & Forecast, 2018-2028
4.5.1 Valve Driver Market Size and Y-o-Y Growth
4.5.2 Valve Driver Market Absolute $ Opportunity
Chapter 5 Global Valve Driver 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 Valve Driver Market Size Forecast by Type
5.2.1 Proportional Valve Driver
5.2.2 Solenoid Valve Driver
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Valve Driver 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 Valve Driver Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Pharmaceutical
6.2.3 Chemical
6.2.4 Food & Beverage
6.2.5 Energy Power
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Valve Driver 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 Valve Driver 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 Valve Driver Analysis and Forecast
9.1 Introduction
9.2 North America Valve Driver 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 Valve Driver Market Size Forecast by Type
9.6.1 Proportional Valve Driver
9.6.2 Solenoid Valve Driver
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 Valve Driver Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Pharmaceutical
9.10.3 Chemical
9.10.4 Food & Beverage
9.10.5 Energy Power
9.10.6 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 Valve Driver Analysis and Forecast
10.1 Introduction
10.2 Europe Valve Driver 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 Valve Driver Market Size Forecast by Type
10.6.1 Proportional Valve Driver
10.6.2 Solenoid Valve Driver
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 Valve Driver Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Pharmaceutical
10.10.3 Chemical
10.10.4 Food & Beverage
10.10.5 Energy Power
10.10.6 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 Valve Driver Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Valve Driver 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 Valve Driver Market Size Forecast by Type
11.6.1 Proportional Valve Driver
11.6.2 Solenoid Valve Driver
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 Valve Driver Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Pharmaceutical
11.10.3 Chemical
11.10.4 Food & Beverage
11.10.5 Energy Power
11.10.6 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 Valve Driver Analysis and Forecast
12.1 Introduction
12.2 Latin America Valve Driver 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 Valve Driver Market Size Forecast by Type
12.6.1 Proportional Valve Driver
12.6.2 Solenoid Valve Driver
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 Valve Driver Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Pharmaceutical
12.10.3 Chemical
12.10.4 Food & Beverage
12.10.5 Energy Power
12.10.6 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) Valve Driver Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Valve Driver 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) Valve Driver Market Size Forecast by Type
13.6.1 Proportional Valve Driver
13.6.2 Solenoid Valve Driver
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) Valve Driver Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Pharmaceutical
13.10.3 Chemical
13.10.4 Food & Beverage
13.10.5 Energy Power
13.10.6 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 Valve Driver Market: Competitive Dashboard
14.2 Global Valve Driver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Scorpion Technologies
14.3.2 MKS Instruments
14.3.3 Carel USA
14.3.4 Parker Hannifin
14.3.5 Emerson Electric
14.3.6 Eliwell Controls
14.3.7 Hussmann Corporation
14.3.8 Fujikoki Corporation
14.3.9 Enfield Technologies LLC
14.3.10 Clippard Instrument Laboratory Inc
14.3.11 Scorpion Technologies
14.3.12 HydraForce, Inc
14.3.13 Lynch Fluid Controls
14.3.14 Walvoil S.p.A
14.3.15 PWM Controls Inc
