Market Overview:
The global multiple orifice valves 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 energy and power, oil and gas, chemicals and petrochemicals, HVAC & tankless heaters, water & wastewater treatment across the globe. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. However, volatility in raw material prices may restrain the growth of this market to some extent during the forecast period. On basis of type, manual multiple orifice valves are expected to dominate this market during 2018-2030 owing their low installation and maintenance cost as compared to automatic multiple orifice valves. On basis of application, oil & gas segment is anticipated witness highest CAGR over next 10 years on account high demand for these products from upstream as well as downstream segments across globe .Regionally North America dominates global multiple orifice valve with highest share in terms of revenue followed by Europe due rising shale gas production in U .
Product Definition:
A multiple orifice valve is a type of valve that has multiple openings in it. This allows the fluid to flow through the valve in more than one direction. This type of valve is often used in applications where there is a need to control the flow of fluid in more than one direction.
Manual:
Manual, it's usage and growth factor in multiple orifice valves market is expected to witness significant growth over the forecast period. The factors that propel the demand for manual, it's usage and growth factor in multiple orifice valves market include growing population base coupled with rapid urbanization.
Automatic:
The automatic and it's usage in multiple orifice valves market is expected to witness significant growth over the forecast period. The demand for these products is increasing due to technological advancements, which has led to a decrease in maintenance cost of the plant. Moreover, growing population coupled with rapid industrialization across developing countries such as India and China are anticipated to drive product demand over the next seven years.
Application Insights:
The oil & gas segment dominated the global multiple orifice valves market in 2017 and is expected to witness significant growth over the forecast period. The increasing need for controlling or monitoring flow rates in upstream, midstream and downstream operations has led to an increased demand for MOVs across the oil & gas industry.
The growing importance of energy conservation has resulted in a reduced demand for thermal power plants across various regions including North America and Europe. This trend is expected to have a positive impact on product demand as it reduces energy consumption through heat loss by up to 30%. In addition, they are used widely across water heating applications as they provide precise temperature control with high reliability owing to its advanced design features such as self-cleaning internal surfaces that prevent scale buildups. These factors are anticipated drive their use in HVAC applications which will further increase their penetration rate over the next eight years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. Rapid urbanization, growing population, and government initiatives for infrastructure development are some major factors driving the demand for MVA globally.
The Middle East & Africa is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid development in oil & gas industries across countries such as Saudi Arabia, UAE, Iran, Kuwait etc., which will drive product demand over next eight years. In addition, rising number of construction projects in these regions due to growing population will further boost product consumption; particularly water management systems using multiple orifice valves (MOVs).
North America accounted for a significant share owing to presence of prominent players operating within U.S.
Growth Factors:
- Increasing demand for energy efficient systems: The global market for multiple orifice valves is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy efficient systems across the world.
- Rising investments in oil and gas sector: The oil and gas sector is one of the key drivers for the global multiple orifice valves market. Rising investments in this sector are expected to boost the demand for these valves in the coming years.
- Growing infrastructure development projects: The growing infrastructure development projects across the globe are also contributing to the growth of this market. Multiple orifice valves are being used extensively in various piping applications due to their high performance and efficiency levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multiple Orifice Valves Market Research Report
By Type
Manual, Automatic
By Application
Oil & Gas, Chemicals & Petrochemicals, Energy & Power, HVAC & Tankless Heaters, Water & Wastewater
By Companies
Parker Hannifin, Kurimoto, Emerson Electric, Metso, GE(Baker Hughes), Watts, Kubota, Flowserve, Atlantic Fluid Technology (AFT), Ross Valve, AGI Industries, Rototherm Group, Douson Drilling & Production Equipment
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Multiple Orifice Valves Market Report Segments:
The global Multiple Orifice Valves market is segmented on the basis of:
Types
Manual, Automatic
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, Chemicals & Petrochemicals, Energy & Power, HVAC & Tankless Heaters, Water & Wastewater
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:
- Parker Hannifin
- Kurimoto
- Emerson Electric
- Metso
- GE(Baker Hughes)
- Watts
- Kubota
- Flowserve
- Atlantic Fluid Technology (AFT)
- Ross Valve
- AGI Industries
- Rototherm Group
- Douson Drilling & Production Equipment
Highlights of The Multiple Orifice Valves 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
- Automatic
- By Application:
- Oil & Gas
- Chemicals & Petrochemicals
- Energy & Power
- HVAC & Tankless Heaters
- Water & Wastewater
- 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 Multiple Orifice Valves 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.
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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?
Multiple Orifice Valves are valves that have more than one opening. This allows the valve to control the flow of water or other fluid through multiple openings at once. Multiple Orifice Valves can be used in a variety of applications, including water distribution, wastewater treatment, and oil and gas production.
Some of the key players operating in the multiple orifice valves market are Parker Hannifin, Kurimoto, Emerson Electric, Metso, GE(Baker Hughes), Watts, Kubota, Flowserve, Atlantic Fluid Technology (AFT), Ross Valve, AGI Industries, Rototherm Group, Douson Drilling & Production Equipment.
The multiple orifice valves market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multiple Orifice Valves Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multiple Orifice Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multiple Orifice Valves Market - Supply Chain
4.5. Global Multiple Orifice Valves Market Forecast
4.5.1. Multiple Orifice Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multiple Orifice Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multiple Orifice Valves Market Absolute $ Opportunity
5. Global Multiple Orifice Valves Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multiple Orifice Valves Market Size and Volume Forecast by Type
5.3.1. Manual
5.3.2. Automatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multiple Orifice Valves Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multiple Orifice Valves Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Chemicals & Petrochemicals
6.3.3. Energy & Power
6.3.4. HVAC & Tankless Heaters
6.3.5. Water & Wastewater
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multiple Orifice Valves Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multiple Orifice Valves Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multiple Orifice Valves Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multiple Orifice Valves Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multiple Orifice Valves Demand Share Forecast, 2019-2026
9. North America Multiple Orifice Valves Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multiple Orifice Valves Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multiple Orifice Valves Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Chemicals & Petrochemicals
9.4.3. Energy & Power
9.4.4. HVAC & Tankless Heaters
9.4.5. Water & Wastewater
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multiple Orifice Valves Market Size and Volume Forecast by Type
9.7.1. Manual
9.7.2. Automatic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multiple Orifice Valves Demand Share Forecast, 2019-2026
10. Latin America Multiple Orifice Valves Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multiple Orifice Valves Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multiple Orifice Valves Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Chemicals & Petrochemicals
10.4.3. Energy & Power
10.4.4. HVAC & Tankless Heaters
10.4.5. Water & Wastewater
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multiple Orifice Valves Market Size and Volume Forecast by Type
10.7.1. Manual
10.7.2. Automatic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multiple Orifice Valves Demand Share Forecast, 2019-2026
11. Europe Multiple Orifice Valves Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multiple Orifice Valves Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multiple Orifice Valves Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Chemicals & Petrochemicals
11.4.3. Energy & Power
11.4.4. HVAC & Tankless Heaters
11.4.5. Water & Wastewater
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multiple Orifice Valves Market Size and Volume Forecast by Type
11.7.1. Manual
11.7.2. Automatic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multiple Orifice Valves Demand Share, 2019-2026
12. Asia Pacific Multiple Orifice Valves Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multiple Orifice Valves Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multiple Orifice Valves Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Chemicals & Petrochemicals
12.4.3. Energy & Power
12.4.4. HVAC & Tankless Heaters
12.4.5. Water & Wastewater
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multiple Orifice Valves Market Size and Volume Forecast by Type
12.7.1. Manual
12.7.2. Automatic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multiple Orifice Valves Demand Share, 2019-2026
13. Middle East & Africa Multiple Orifice Valves Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multiple Orifice Valves Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multiple Orifice Valves Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Chemicals & Petrochemicals
13.4.3. Energy & Power
13.4.4. HVAC & Tankless Heaters
13.4.5. Water & Wastewater
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multiple Orifice Valves Market Size and Volume Forecast by Type
13.7.1. Manual
13.7.2. Automatic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multiple Orifice Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multiple Orifice Valves Market: Market Share Analysis
14.2. Multiple Orifice Valves Distributors and Customers
14.3. Multiple Orifice Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Parker Hannifin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kurimoto
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Emerson Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Metso
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE(Baker Hughes)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Watts
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kubota
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Flowserve
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Atlantic Fluid Technology (AFT)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ross Valve
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AGI Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Rototherm Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Douson Drilling & Production Equipment
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
