Market Overview:
The global valve test benches 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 valve test benches from various end-use industries, such as aeronautical, hydraulic, mechanical engineering machinery, and others. In addition, the growing demand for customized valve test benches is also contributing to the growth of this market.
Product Definition:
A valve test bench is a device used to test the performance of valves. It typically consists of a valve body and seat, as well as an actuator to open and close the valve. The bench can be used to measure the pressure drop across the valve, as well as its leakage rate.
Horizontal:
Horizontal is a type of test bench that allows the user to perform tests on valves in any orientation. It can be used for testing flow, pressure, and position of valves. Horizontal test benches are available with different types of mounting options such as table top mount, wall-mounted or free-standing models.
Vertical:
The vertical is a device used in valve test benches to hold the valves in position while they are being tested. It has two main purposes, firstly it provides stability to the bench and secondly it allows easy access to valves for testing or servicing. The design of these devices varies according to requirements but most commonly they have four legs with a crossbar between them and this can be adjusted depending on how high or low the bench is set up.
Application Insights:
Aeronautical was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The valve test benches play a significant role in aircraft maintenance as they are used to check if any of the valves on board an aircraft is stuck open or closed. These devices help pilots in taking necessary measures, including landing and takeoff, should any of these valves be stuck open or closed respectively.
The other applications segment includes chemical plants, petrochemical refineries, power plants and engineering machinery etc., wherein these devices are used for various purposes such as testing different types of flow rates through throttles etc., controlling pressure within pipes & tanks etc., monitoring & controlling temperature etc. These devices can also be used for testing if a machine/compressor is working properly by operating at different speeds thus ensuring efficient functioning of machines/compressors thereby contributing towards overall growth rate over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness considerable growth over the forecast period owing to increasing demand for testing benches from various end-user industries, such as aerospace and mechanical engineering. In addition, growing awareness regarding safety standards and regulations is anticipated to propel product demand in this region.
Asia Pacific is expected to expand at a CAGR of XX% over the forecast period owing to rapid industrialization coupled with expanding manufacturing base of automotive components and other machinery & equipment in countries such as China, India, Japan etc., which are majorly used for test bench production purposes due to their low cost structure along with high availability of labor & resources thus making it an ideal location for Bench Test Benches manufacturers/suppliers also known as VLTBLs providers based out of Asia Pacific or ASEAN countries including Indonesia, Malaysia Thailand Vietnam Philippines Singapore South Korea etc.
Growth Factors:
- Increasing demand for valve test benches from the oil & gas industry as a result of increasing exploration and production activities
- Rising demand for valve test benches from the power generation sector, owing to the increasing installation of new power plants
- Growing popularity of automated valve testing systems, which is resulting in an increase in demand for valve test benches
- Proliferation of smart grids across various regions, which is leading to an increase in investments in the power sector and consequently, an increase in demand for valve test benches
- Technological advancements that are taking place within the valves market, such as development of intelligent valves that can be tested using advanced technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Test Benches Market Research Report
By Type
Horizontal, Vertical
By Application
Aeronautical, Hydraulic, Mechanical, Engineering Machinery, Other
By Companies
Hainzl Industriesystem GMBH, Haskel, Efco Maschinenbau Gmbh, Hydratron, Revalve, Seetru Limited, Think Pc Progetti, Twins, Ventil Test Equipment, Bimal S.p.A, Hainzl Industriesystem GMBH, Shenzhen IVS Flow Control, Bimal S.p.A, Savery, CEL Aerospace Group, Telide Shenzhen High Pressure Fluid Systems, CAMA (Luoyang) Electromechanic
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Valve Test Benches Market Report Segments:
The global Valve Test Benches market is segmented on the basis of:
Types
Horizontal, Vertical
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
Aeronautical, Hydraulic, Mechanical, Engineering Machinery, 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:
- Hainzl Industriesystem GMBH
- Haskel
- Efco Maschinenbau Gmbh
- Hydratron
- Revalve
- Seetru Limited
- Think Pc Progetti
- Twins
- Ventil Test Equipment
- Bimal S.p.A
- Hainzl Industriesystem GMBH
- Shenzhen IVS Flow Control
- Bimal S.p.A
- Savery
- CEL Aerospace Group
- Telide Shenzhen High Pressure Fluid Systems
- CAMA (Luoyang) Electromechanic
Highlights of The Valve Test Benches 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:
- Horizontal
- Vertical
- By Application:
- Aeronautical
- Hydraulic
- Mechanical
- Engineering Machinery
- 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 Test Benches 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 Test Benches are a type of bench that is used by athletes and fitness enthusiasts to measure their performance. These benches have a number of features, including weight plates that can be adjusted, which allows for accurate measurements.
Some of the major players in the valve test benches market are Hainzl Industriesystem GMBH, Haskel, Efco Maschinenbau Gmbh, Hydratron, Revalve, Seetru Limited, Think Pc Progetti, Twins, Ventil Test Equipment, Bimal S.p.A, Hainzl Industriesystem GMBH, Shenzhen IVS Flow Control, Bimal S.p.A, Savery, CEL Aerospace Group, Telide Shenzhen High Pressure Fluid Systems, CAMA (Luoyang) Electromechanic.
The valve test benches 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 Test Benches 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 Test Benches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Valve Test Benches 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 Test Benches 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 Test Benches Market Size & Forecast, 2020-2028
4.5.1 Valve Test Benches Market Size and Y-o-Y Growth
4.5.2 Valve Test Benches 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 Horizontal
5.2.2 Vertical
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 Aeronautical
6.2.2 Hydraulic
6.2.3 Mechanical
6.2.4 Engineering Machinery
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Valve Test Benches 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 Test Benches 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 Horizontal
9.6.2 Vertical
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 Aeronautical
9.10.2 Hydraulic
9.10.3 Mechanical
9.10.4 Engineering Machinery
9.10.5 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 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 Horizontal
10.6.2 Vertical
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 Aeronautical
10.10.2 Hydraulic
10.10.3 Mechanical
10.10.4 Engineering Machinery
10.10.5 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 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 Horizontal
11.6.2 Vertical
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 Aeronautical
11.10.2 Hydraulic
11.10.3 Mechanical
11.10.4 Engineering Machinery
11.10.5 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 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 Horizontal
12.6.2 Vertical
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 Aeronautical
12.10.2 Hydraulic
12.10.3 Mechanical
12.10.4 Engineering Machinery
12.10.5 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) 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 Horizontal
13.6.2 Vertical
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 Aeronautical
13.10.2 Hydraulic
13.10.3 Mechanical
13.10.4 Engineering Machinery
13.10.5 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 Test Benches Market: Competitive Dashboard
14.2 Global Valve Test Benches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hainzl Industriesystem GMBH
14.3.2 Haskel
14.3.3 Efco Maschinenbau Gmbh
14.3.4 Hydratron
14.3.5 Revalve
14.3.6 Seetru Limited
14.3.7 Think Pc Progetti
14.3.8 Twins
14.3.9 Ventil Test Equipment
14.3.10 Bimal S.p.A
14.3.11 Hainzl Industriesystem GMBH
14.3.12 Shenzhen IVS Flow Control
14.3.13 Bimal S.p.A
14.3.14 Savery
14.3.15 CEL Aerospace Group
14.3.16 Telide Shenzhen High Pressure Fluid Systems
14.3.17 CAMA (Luoyang) Electromechanic
