Market Overview:
The global pilot operated safety value market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for safety valves in various industries such as boiler, pressure vessel, and others. In addition, the growing awareness about the benefits of using safety valves is also propelling the growth of this market. The global pilot operated safety value market can be segmented on the basis of type into closed type and non-closed type. The closed type segment is expected to hold a major share in this market during the forecast period owing to its advantages such as low leakage rate and high flow capacity. On the basis of application, the boiler segment is projected to lead this market duringthe forecast period owingto its widespread use in various industries for heating purposes.
Product Definition:
The Pilot Operated Safety Value (POSV) is a safety device that helps to prevent accidental opening of a valve. The POSV is a spring-loaded piston that blocks the flow of fluid through the valve when the lever is in the "off" position. When the lever is in the "on" position, it moves the piston out of the way and allows fluid to flow through.
Closed Type:
Closed type is a safety value that has been designed to reduce the accident rate in aircraft. It comprises of various devices and systems such as Primary Altitude Encapsulation (PASE), terrain avoidance system, flight critical system, wake turbulence detection system and collision avoidance systems. The growth factor for this market is mainly attributed to rising air traffic congestion coupled with increasing awareness regarding pilot safety across the globe.
Non-closed Type:
Non-closed type is a term used for the process of designing an experiment where there is no specific intervention and the factors being measured are uncontrolled. In other words, non-closed type experiments do not have any control group or placebo.
The major advantage of using non-controlled experiments in research is that it reduces the effect of experimental noise to a large extent.
Application Insights:
The boiler application segment led the global pilot operated safety value market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for boilers across various industries, including power generation and steel manufacturing. A boiler provides thermal energy to a process or machine, which requires high-temperature heat transfer fluids for its operation. These processes include metalworking, glass working, welding operations etc.
Pilot operated safety valves are used in several applications such as oil & gas industry; chemical industry; pulp & paper industry; mining sector etc.
Regional Analysis:
Asia Pacific dominated the global pilot operated safety value market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing manufacturing activities and rising construction spending in emerging economies such as China, India, and Japan. Moreover, growing demand for oil & gas exploration activities is anticipated to drive PPSV installation across various industries including offshore oil & gas sector and onshore petroleum industry in Asia Pacific region over the forecast period.
The North America regional market captured a revenue share of more than 20% in 2017 owing to high product adoption rate across numerous applications including chemical processing plants, refineries, petrochemical complexes along with other industrial facilities that involve high risk of explosion or fire occurrence due to lack of automatic shut-off features or inadequate maintenance by end-users themselves which may lead into severe consequences such as loss of life or property damage.
Growth Factors:
- Increasing demand for safety in the aviation industry
- Rising awareness of the benefits of pilot operated safety valves
- Advances in valve technology that improve performance and reliability
- Growing popularity of modular construction methods in the process industries
- Increased use of automation and controls to improve safety and efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Pilot Operated Safety Value Market Research Report
By Type
Closed Type, Non-closed Type
By Application
Boiler, Pressure Vessel, Others
By Companies
Leser, Baker Hughes, Emerson, Mohammed Binghalib Energy Enterprises, Cameron, Proconex, Robertshaw, Ebora, Rectorseal, Curtiss-Wright, Trillium Flow Technologies
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Pilot Operated Safety Value Market Report Segments:
The global Pilot Operated Safety Value market is segmented on the basis of:
Types
Closed Type, Non-closed Type
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
Boiler, Pressure Vessel, 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:
- Leser
- Baker Hughes
- Emerson
- Mohammed Binghalib Energy Enterprises
- Cameron
- Proconex
- Robertshaw
- Ebora
- Rectorseal
- Curtiss-Wright
- Trillium Flow Technologies
Highlights of The Pilot Operated Safety Value 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:
- Closed Type
- Non-closed Type
- By Application:
- Boiler
- Pressure Vessel
- 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 Pilot Operated Safety Value 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?
Pilot operated safety value is a measure of the effectiveness of a safety system in preventing accidents.
Some of the key players operating in the pilot operated safety value market are Leser, Baker Hughes, Emerson, Mohammed Binghalib Energy Enterprises, Cameron, Proconex, Robertshaw, Ebora, Rectorseal, Curtiss-Wright, Trillium Flow Technologies.
The pilot operated safety value market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pilot Operated Safety Value 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. Pilot Operated Safety Value Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pilot Operated Safety Value Market - Supply Chain
4.5. Global Pilot Operated Safety Value Market Forecast
4.5.1. Pilot Operated Safety Value Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pilot Operated Safety Value Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pilot Operated Safety Value Market Absolute $ Opportunity
5. Global Pilot Operated Safety Value 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. Pilot Operated Safety Value Market Size and Volume Forecast by Type
5.3.1. Closed Type
5.3.2. Non-closed Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pilot Operated Safety Value 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. Pilot Operated Safety Value Market Size and Volume Forecast by Application
6.3.1. Boiler
6.3.2. Pressure Vessel
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pilot Operated Safety Value 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. Pilot Operated Safety Value 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 Pilot Operated Safety Value 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. Pilot Operated Safety Value 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 Pilot Operated Safety Value Demand Share Forecast, 2019-2026
9. North America Pilot Operated Safety Value 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 Pilot Operated Safety Value 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 Pilot Operated Safety Value Market Size and Volume Forecast by Application
9.4.1. Boiler
9.4.2. Pressure Vessel
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pilot Operated Safety Value Market Size and Volume Forecast by Type
9.7.1. Closed Type
9.7.2. Non-closed Type
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 Pilot Operated Safety Value Demand Share Forecast, 2019-2026
10. Latin America Pilot Operated Safety Value 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 Pilot Operated Safety Value 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 Pilot Operated Safety Value Market Size and Volume Forecast by Application
10.4.1. Boiler
10.4.2. Pressure Vessel
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pilot Operated Safety Value Market Size and Volume Forecast by Type
10.7.1. Closed Type
10.7.2. Non-closed Type
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 Pilot Operated Safety Value Demand Share Forecast, 2019-2026
11. Europe Pilot Operated Safety Value 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 Pilot Operated Safety Value 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 Pilot Operated Safety Value Market Size and Volume Forecast by Application
11.4.1. Boiler
11.4.2. Pressure Vessel
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pilot Operated Safety Value Market Size and Volume Forecast by Type
11.7.1. Closed Type
11.7.2. Non-closed Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-oY 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 Pilot Operated Safety Value Demand Share, 2019-2026
12. Asia Pacific Pilot Operated Safety Value 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 Pilot Operated Safety Value 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 Pilot Operated Safety Value Market Size and Volume Forecast by Application
12.4.1. Boiler
12.4.2. Pressure Vessel
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pilot Operated Safety Value Market Size and Volume Forecast by Type
12.7.1. Closed Type
12.7.2. Non-closed Type
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 Pilot Operated Safety Value Demand Share, 2019-2026
13. Middle East & Africa Pilot Operated Safety Value 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 Pilot Operated Safety Value 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 Pilot Operated Safety Value Market Size and Volume Forecast by Application
13.4.1. Boiler
13.4.2. Pressure Vessel
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pilot Operated Safety Value Market Size and Volume Forecast by Type
13.7.1. Closed Type
13.7.2. Non-closed Type
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 Pilot Operated Safety Value Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pilot Operated Safety Value Market: Market Share Analysis
14.2. Pilot Operated Safety Value Distributors and Customers
14.3. Pilot Operated Safety Value Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Leser
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baker Hughes
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
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mohammed Binghalib Energy Enterprises
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cameron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Proconex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Robertshaw
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ebora
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rectorseal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Curtiss-Wright
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Trillium Flow Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
