Market Overview:
The global valve remote control market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced and efficient valve remote control systems across various industries. In addition, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global valve remote control market can be segmented into hydraulic valve remote control system, pneumatic valve remote control system, electric valve remote control system and electro-hydraulic valve remote control system. Among these segments, the electric valves segment is expected to witness highest growth during the forecast period owing to its advantages such as easy installation and operation as well as low maintenance cost. Based on application, bulk vessels are estimated to account for majority share in terms of revenue in 2018 followed by container vessels and tanker vessels respectively.
Product Definition:
A valve remote control is a device used to open and close valves without having to be at the valve itself. This can be important in cases where the valve needs to be opened or closed from a distance, for example in an industrial setting where someone may need to remotely turn on a water pipe.
Hydraulic Valve Remote Control System:
The global hydraulic valve remote control system market size was valued at USD 6.5 billion in 2015 and is expected to witness a CAGR of XX% over the forecast period. The increasing demand for automation in oil & gas industry, power generation sector, and water treatment plants is anticipated to drive the growth over the forecast period.
Pneumatic Valve Remote Control System:
The pneumatic valve remote control system is a device that is used to remotely operate valves. It can be used for opening, closing or regulating the flow of fluid in various systems such as industrial processes and machinery, automotive and aerospace equipment. The pneumatic valve remote control system works on the principle of compressed air or steam which acts as an energy source to perform desired operations such as opening, closing or regulating the flow of fluid.
Application Insights:
Bulk vessels led the market and accounted for more than 54.0% share of the global revenue in 2017 owing to rising demand for crude oil from emerging economies such as China, India, Brazil and Mexico. The growth of the energy sector in these countries is expected to increase significantly over the forecast period which will positively impact industry growth over next eight years.
Container vessels are anticipated to witness significant growth on account of increasing trade activities across various regions including Asia Pacific, Europe and North America due to growing manufacturing sectors supported by high consumer spending capabilities has resulted in an increased number of container ships that can be operated per day leading to higher utilization rates which will drive product demand over future.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of key players such as ABB Ltd.; Belden Inc.; Cummins Inc.; Emerson Electric Co; General Electric; Johnson Controls, Inc. and Siemens AG & Co., with extensive manufacturing facilities in U.S. Furthermore, increasing investments by these companies for developing advanced technologies is also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand from end-user industries such as bulk vessels and containers across various countries including China, India, Japan.
Growth Factors:
- Increasing demand for smart homes and home automation
- Rising disposable income of consumers
- Proliferation of digital technologies and internet of things (IoT)
- Growing popularity of gaming and entertainment industry
- Emergence of new business models such as pay-per-use
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Remote Control Market Research Report
By Type
Hydraulic Valve Remote Control System, Pneumatic Valve Remote Control System, Electric Valve Remote Control System, Electro-Hydraulic Valve Remote Control System
By Application
Bulk Vessels, Container Vessels, Tanker Vessels, Others
By Companies
Emerson, Wärtsilä, Pleiger Maschinenbau, Skarpenord AS, NAKAKITA, CSSC, Nantong Navigation Machinery, SCANA Korea Hydroric Co., Ltd, KSB, NODIC, Navim Group, Rotork, Hanla IMS, Hoppe Marine GmbH, Bloomfoss Pte Ltd, Hansun Marine, Sea Control System Corporation
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Valve Remote Control Market Report Segments:
The global Valve Remote Control market is segmented on the basis of:
Types
Hydraulic Valve Remote Control System, Pneumatic Valve Remote Control System, Electric Valve Remote Control System, Electro-Hydraulic Valve Remote Control System
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
Bulk Vessels, Container Vessels, Tanker Vessels, 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:
- Emerson
- Wärtsilä
- Pleiger Maschinenbau
- Skarpenord AS
- NAKAKITA
- CSSC
- Nantong Navigation Machinery
- SCANA Korea Hydroric Co., Ltd
- KSB
- NODIC
- Navim Group
- Rotork
- Hanla IMS
- Hoppe Marine GmbH
- Bloomfoss Pte Ltd
- Hansun Marine
- Sea Control System Corporation
Highlights of The Valve Remote Control 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 Valve Remote Control System
- Pneumatic Valve Remote Control System
- Electric Valve Remote Control System
- Electro-Hydraulic Valve Remote Control System
- By Application:
- Bulk Vessels
- Container Vessels
- Tanker Vessels
- 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 Remote Control 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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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Valve Remote Control is a software application that allows users to control their Steam gaming devices from a remote location.
Some of the major companies in the valve remote control market are Emerson, W¤rtsil¤, Pleiger Maschinenbau, Skarpenord AS, NAKAKITA, CSSC, Nantong Navigation Machinery, SCANA Korea Hydroric Co., Ltd, KSB, NODIC, Navim Group, Rotork, Hanla IMS, Hoppe Marine GmbH, Bloomfoss Pte Ltd, Hansun Marine, Sea Control System Corporation.
The valve remote control 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 Valve Remote Control 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 Remote Control Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Valve Remote Control 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 Remote Control 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 Remote Control Market Size & Forecast, 2020-2028
4.5.1 Valve Remote Control Market Size and Y-o-Y Growth
4.5.2 Valve Remote Control 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 Valve Remote Control System
5.2.2 Pneumatic Valve Remote Control System
5.2.3 Electric Valve Remote Control System
5.2.4 Electro-Hydraulic Valve Remote Control System
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 Bulk Vessels
6.2.2 Container Vessels
6.2.3 Tanker Vessels
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Valve Remote Control 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 Remote Control 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 Valve Remote Control System
9.6.2 Pneumatic Valve Remote Control System
9.6.3 Electric Valve Remote Control System
9.6.4 Electro-Hydraulic Valve Remote Control System
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 Bulk Vessels
9.10.2 Container Vessels
9.10.3 Tanker Vessels
9.10.4 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 Hydraulic Valve Remote Control System
10.6.2 Pneumatic Valve Remote Control System
10.6.3 Electric Valve Remote Control System
10.6.4 Electro-Hydraulic Valve Remote Control System
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 Bulk Vessels
10.10.2 Container Vessels
10.10.3 Tanker Vessels
10.10.4 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 Hydraulic Valve Remote Control System
11.6.2 Pneumatic Valve Remote Control System
11.6.3 Electric Valve Remote Control System
11.6.4 Electro-Hydraulic Valve Remote Control System
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 Bulk Vessels
11.10.2 Container Vessels
11.10.3 Tanker Vessels
11.10.4 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 Hydraulic Valve Remote Control System
12.6.2 Pneumatic Valve Remote Control System
12.6.3 Electric Valve Remote Control System
12.6.4 Electro-Hydraulic Valve Remote Control System
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 Bulk Vessels
12.10.2 Container Vessels
12.10.3 Tanker Vessels
12.10.4 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 Hydraulic Valve Remote Control System
13.6.2 Pneumatic Valve Remote Control System
13.6.3 Electric Valve Remote Control System
13.6.4 Electro-Hydraulic Valve Remote Control System
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 Bulk Vessels
13.10.2 Container Vessels
13.10.3 Tanker Vessels
13.10.4 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 Remote Control Market: Competitive Dashboard
14.2 Global Valve Remote Control Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Wärtsilä
14.3.3 Pleiger Maschinenbau
14.3.4 Skarpenord AS
14.3.5 NAKAKITA
14.3.6 CSSC
14.3.7 Nantong Navigation Machinery
14.3.8 SCANA Korea Hydroric Co., Ltd
14.3.9 KSB
14.3.10 NODIC
14.3.11 Navim Group
14.3.12 Rotork
14.3.13 Hanla IMS
14.3.14 Hoppe Marine GmbH
14.3.15 Bloomfoss Pte Ltd
14.3.16 Hansun Marine
14.3.17 Sea Control System Corporation
