Market Overview:
The global valve spool 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 valves in various applications, such as steam engine, hydraulic press, air pressure machine and others. In addition, the growing industrialization and urbanization are also contributing to the growth of this market. The global valve spool market is segmented on the basis of type into manual valve spool, mechanical valve spool and electromagnetic valve spool. The manual valve spools segment is expected to dominate the global market during the forecast period owing to its low cost and easy installation. However, electromagnetic valves are gaining popularity due their high performance characteristics such as longer life span and low maintenance requirements. On basis of application,the global Valve Spools Market is segmented into steam engine application ,hydraulic press application ,air pressure machine applicationand other applications .
Product Definition:
A valve spool is a metal or plastic component that slides into and out of the valve body to control fluid flow. It has a hole in the center that aligns with the ports in the valve body, and small pins or ridges on the outside that fit into corresponding slots in the valve housing. When it is in position, fluid can flow through the ports; when it is moved out of position, fluid flow is blocked.
Manual Valve Spool:
Manual valve spool is a device that controls the flow of fluid by using a series of valves. It is mainly used in process industries such as petrochemical, power generation, food & beverage and chemical manufacturing among others. The growth factor for this market includes factors like growing demand from various end-use industries and technological advancements in valve spooling devices.
The manual valve spool has different components like diaphragm, spring loaded mechanism or lever.
Mechanical Valve Spool:
The mechanical valve spool is a device that helps in reducing the operating time of a valve spool. It consists of two metal arms, which are connected by an elastic band. The band is wound around the stem of the valve and as soon as it is turned on, it reduces the rotation speed and henceforth reduces operational time.
It has been observed that with conventional valves, there was often a considerable gap between when they were required to be closed.
Application Insights:
The steam engine application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for spools with smaller diameters, which provide higher flow rates and are thus preferred by steam engine manufacturers.
The hydraulic press application segment is expected to witness significant growth over the forecast period owing to its rising use in oil & gas, construction, mining and other industries worldwide. In hydraulic presses, valves act as a safety device that prevents pressure build-up when valves are closed or opened suddenly due to differences in pressure inside & outside the valve chamber respectively.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth is attributed to the increasing demand for tools and equipment used for maintenance and repair of industrial machinery. Moreover, growing demand for these tools from several other application sectors such as automotive, aerospace & defense, construction will drive the market further. Europe also held a significant share in 2017 owing to high product adoption by manufacturers operating within this region.
Asia Pacific is expected to witness substantial growth over the forecast period owing to rising awareness regarding valve spooling technology among end-users coupled with improving economic conditions leading towards increased spending on industrial machinery.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Rising demand from the automotive and aerospace industries
- Growing popularity of electric vehicles
- Proliferation of advanced technologies in the valve spool market
- Stringent government regulations to promote fuel efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Spool Market Research Report
By Type
Manual Valve Spool, Mechanical Valve Spool, Electromagnetic Valve Spool
By Application
Steam Engine, Hydraulic Press, Air Pressure Machine, Other
By Companies
FAW-VW, SAIC-GM-Wuling, Shanghai-GM, Beijing-Hyundai, Dongfeng Limited, Changan, FAW-Toyota, Geely, BYD, GAC-Toyota, Brilliance Auto, Chery, Dongfeng-Honda, Brilliance-BMW, FAW Car, Volkswagen, BAIC, BMW, Changan-Suzuki, Jianghuai
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Valve Spool Market Report Segments:
The global Valve Spool market is segmented on the basis of:
Types
Manual Valve Spool, Mechanical Valve Spool, Electromagnetic Valve Spool
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
Steam Engine, Hydraulic Press, Air Pressure Machine, Other
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:
- FAW-VW
- SAIC-GM-Wuling
- Shanghai-GM
- Beijing-Hyundai
- Dongfeng Limited
- Changan
- FAW-Toyota
- Geely
- BYD
- GAC-Toyota
- Brilliance Auto
- Chery
- Dongfeng-Honda
- Brilliance-BMW
- FAW Car
- Volkswagen
- BAIC
- BMW
- Changan-Suzuki
- Jianghuai
Highlights of The Valve Spool 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 Valve Spool
- Mechanical Valve Spool
- Electromagnetic Valve Spool
- By Application:
- Steam Engine
- Hydraulic Press
- Air Pressure Machine
- Other
- 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 Spool 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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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 Spool is a software application that allows users to manage and control the amount of data sent through Steam.
Some of the major companies in the valve spool market are FAW-VW, SAIC-GM-Wuling, Shanghai-GM, Beijing-Hyundai, Dongfeng Limited, Changan, FAW-Toyota, Geely, BYD, GAC-Toyota, Brilliance Auto, Chery, Dongfeng-Honda, Brilliance-BMW, FAW Car, Volkswagen, BAIC, BMW, Changan-Suzuki, Jianghuai.
The valve spool 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 Spool 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 Spool Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Valve Spool 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 Spool 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 Spool Market Size & Forecast, 2018-2028 4.5.1 Valve Spool Market Size and Y-o-Y Growth 4.5.2 Valve Spool Market Absolute $ Opportunity
Chapter 5 Global Valve Spool 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 Spool Market Size Forecast by Type
5.2.1 Manual Valve Spool
5.2.2 Mechanical Valve Spool
5.2.3 Electromagnetic Valve Spool
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Valve Spool 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 Spool Market Size Forecast by Applications
6.2.1 Steam Engine
6.2.2 Hydraulic Press
6.2.3 Air Pressure Machine
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Valve Spool 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 Spool 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 Spool Analysis and Forecast
9.1 Introduction
9.2 North America Valve Spool 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 Spool Market Size Forecast by Type
9.6.1 Manual Valve Spool
9.6.2 Mechanical Valve Spool
9.6.3 Electromagnetic Valve Spool
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 Spool Market Size Forecast by Applications
9.10.1 Steam Engine
9.10.2 Hydraulic Press
9.10.3 Air Pressure Machine
9.10.4 Other
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 Spool Analysis and Forecast
10.1 Introduction
10.2 Europe Valve Spool 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 Spool Market Size Forecast by Type
10.6.1 Manual Valve Spool
10.6.2 Mechanical Valve Spool
10.6.3 Electromagnetic Valve Spool
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 Spool Market Size Forecast by Applications
10.10.1 Steam Engine
10.10.2 Hydraulic Press
10.10.3 Air Pressure Machine
10.10.4 Other
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 Spool Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Valve Spool 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 Spool Market Size Forecast by Type
11.6.1 Manual Valve Spool
11.6.2 Mechanical Valve Spool
11.6.3 Electromagnetic Valve Spool
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 Spool Market Size Forecast by Applications
11.10.1 Steam Engine
11.10.2 Hydraulic Press
11.10.3 Air Pressure Machine
11.10.4 Other
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 Spool Analysis and Forecast
12.1 Introduction
12.2 Latin America Valve Spool 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 Spool Market Size Forecast by Type
12.6.1 Manual Valve Spool
12.6.2 Mechanical Valve Spool
12.6.3 Electromagnetic Valve Spool
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 Spool Market Size Forecast by Applications
12.10.1 Steam Engine
12.10.2 Hydraulic Press
12.10.3 Air Pressure Machine
12.10.4 Other
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 Spool Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Valve Spool 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 Spool Market Size Forecast by Type
13.6.1 Manual Valve Spool
13.6.2 Mechanical Valve Spool
13.6.3 Electromagnetic Valve Spool
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 Spool Market Size Forecast by Applications
13.10.1 Steam Engine
13.10.2 Hydraulic Press
13.10.3 Air Pressure Machine
13.10.4 Other
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 Spool Market: Competitive Dashboard
14.2 Global Valve Spool Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FAW-VW
14.3.2 SAIC-GM-Wuling
14.3.3 Shanghai-GM
14.3.4 Beijing-Hyundai
14.3.5 Dongfeng Limited
14.3.6 Changan
14.3.7 FAW-Toyota
14.3.8 Geely
14.3.9 BYD
14.3.10 GAC-Toyota
14.3.11 Brilliance Auto
14.3.12 Chery
14.3.13 Dongfeng-Honda
14.3.14 Brilliance-BMW
14.3.15 FAW Car
14.3.16 Volkswagen
14.3.17 BAIC
14.3.18 BMW
14.3.19 Changan-Suzuki
14.3.20 Jianghuai