Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Safety Valves Market by Type (Surface Safety Valves, Subsurface Safety Valves), By Application (Home Use, Commercial Use, Industrial Use, Utilities, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Safety Valves Market by Type (Surface Safety Valves, Subsurface Safety Valves), By Application (Home Use, Commercial Use, Industrial Use, Utilities, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 211059 3300 Machinery & Equipment 377 231 Pages 4.6 (47)
                                          
The global safety valves market is estimated to grow at a CAGR of 7.3% over the forecast period, during which it is anticipated to be valued at US$2,938.0 million in 2030. The key factors driving the growth of the global safety valves market include increasing need for energy efficiency and green technologies such as renewable energy sources that require reduction in emissions coupled with stringent environmental regulations; implementation of new technologies such as smart valves and remote control valve systems; and upgrading or replacement of existing infrastructure due to increased demand for gas distribution networks. In addition, growing population in developing economies and high population density also drive up the demand for safety valves. The surface type segment accounted for almost 40% share of the total revenue generated by the global safety valve market in terms of value during 2017-2030. This share is attributed to higher number of installation sites due to their easy installation process compared with subsurface types, which are more expensive than surface types owing to soil conditions requiring excavation before installation can be completed successfully. Surface type segment will continue to dominate through 2030 owing its high adoption rates across various regions globally including North America, Europe, Asia Pacific and Middle East & Africa (MEA), which are expected to lead this segment throughout 2030 driven by rising trends towards integrating smart technologies into surfaces such as intelligent sensing systems along with remote control capabilities developed by research organizations like National Renewable Energy Laboratory (NREL). Geographically, North America accounted for the highest share of total revenue generated by the global safety valves market in terms of value during 2017-2030. The high share is attributed to growing demand for safety valves across various industrial sectors such as oil and gas, pulp and paper, chemical process industries, among others. Furthermore, MEA is also projected to experience high growth owing its expanding population due to higher birth rates coupled with access to more natural resources which drives up construction activities. The global safety valves market is segmented based on valve types, end-user applications and regions. On the basis of valve type, the market is divided into surface-type safety valves and subsurface-type safety valves. The end user application segment includes energy production & distribution, chemical & petrochemical industry and other end users such as industrial facilities (e.g., offshore oil drilling platforms), defense applications (e.g., aircraft carriers) and commercial facilities (e.g., airports).

Industry Growth Insights published a new data on “Safety Valves Market”. The research report is titled “Safety Valves Market research by Types (Surface Safety Valves, Subsurface Safety Valves), By Applications (Home Use, Commercial Use, Industrial Use, Utilities, Other), By Players/Companies Schlumberger, Shanghai BODO, SUNRY, Jereh Oilfield Equipment, MCM OIL TOOLS, Halliburton, Baker Hughes, Tejas, American Completion Tools, SUNRY, Sensus, Viewshine, AVK, Johnson Electric”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Safety Valves Market Research Report

By Type

Surface Safety Valves, Subsurface Safety Valves

By Application

Home Use, Commercial Use, Industrial Use, Utilities, Other

By Companies

Schlumberger, Shanghai BODO, SUNRY, Jereh Oilfield Equipment, MCM OIL TOOLS, Halliburton, Baker Hughes, Tejas, American Completion Tools, SUNRY, Sensus, Viewshine, AVK, Johnson Electric

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

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global Safety Valves Industry Outlook


Global Safety Valves Market Report Segments:

The global Safety Valves market is segmented on the basis of:

Types

Surface Safety Valves, Subsurface Safety Valves

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

Home Use, Commercial Use, Industrial Use, Utilities, 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:

  1. Schlumberger
  2. Shanghai BODO
  3. SUNRY
  4. Jereh Oilfield Equipment
  5. MCM OIL TOOLS
  6. Halliburton
  7. Baker Hughes
  8. Tejas
  9. American Completion Tools
  10. SUNRY
  11. Sensus
  12. Viewshine
  13. AVK
  14. Johnson Electric

Global Safety Valves Market Overview


Highlights of The Safety Valves Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Surface Safety Valves
    2. Subsurface Safety Valves
  1. By Application:

    1. Home Use
    2. Commercial Use
    3. Industrial Use
    4. Utilities
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Safety 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.

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

Global Safety Valves Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A safety valve is a device that releases pressure in a system in order to prevent an explosion or hazardous situation.

Some of the key players operating in the safety valves market are Schlumberger, Shanghai BODO, SUNRY, Jereh Oilfield Equipment, MCM OIL TOOLS, Halliburton, Baker Hughes, Tejas, American Completion Tools, SUNRY, Sensus, Viewshine, AVK, Johnson Electric.

The safety valves market is expected to register a CAGR of 7.3%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Safety 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. Safety Valves Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Safety Valves Market - Supply Chain
   4.5. Global Safety Valves Market Forecast
      4.5.1. Safety Valves Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Safety Valves Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Safety Valves Market Absolute $ Opportunity

5. Global Safety 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. Safety Valves Market Size and Volume Forecast by Type
      5.3.1. Surface Safety Valves
      5.3.2. Subsurface Safety Valves
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Safety 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. Safety Valves Market Size and Volume Forecast by Application
      6.3.1. Home Use
      6.3.2. Commercial Use
      6.3.3. Industrial Use
      6.3.4. Utilities
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Safety 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. Safety 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 Safety 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. Safety 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 Safety Valves Demand Share Forecast, 2019-2026

9. North America Safety 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 Safety 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 Safety Valves Market Size and Volume Forecast by Application
      9.4.1. Home Use
      9.4.2. Commercial Use
      9.4.3. Industrial Use
      9.4.4. Utilities
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Safety Valves Market Size and Volume Forecast by Type
      9.7.1. Surface Safety Valves
      9.7.2. Subsurface Safety Valves
   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 Safety Valves Demand Share Forecast, 2019-2026

10. Latin America Safety 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 Safety 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 Safety Valves Market Size and Volume Forecast by Application
      10.4.1. Home Use
      10.4.2. Commercial Use
      10.4.3. Industrial Use
      10.4.4. Utilities
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Safety Valves Market Size and Volume Forecast by Type
      10.7.1. Surface Safety Valves
      10.7.2. Subsurface Safety Valves
   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 Safety Valves Demand Share Forecast, 2019-2026

11. Europe Safety 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 Safety 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 Safety Valves Market Size and Volume Forecast by Application
      11.4.1. Home Use
      11.4.2. Commercial Use
      11.4.3. Industrial Use
      11.4.4. Utilities
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Safety Valves Market Size and Volume Forecast by Type
      11.7.1. Surface Safety Valves
      11.7.2. Subsurface Safety Valves
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.0. 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 Safety Valves Demand Share, 2019-2026

12. Asia Pacific Safety 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 Safety 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 Safety Valves Market Size and Volume Forecast by Application
      12.4.1. Home Use
      12.4.2. Commercial Use
      12.4.3. Industrial Use
      12.4.4. Utilities
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Safety Valves Market Size and Volume Forecast by Type
      12.7.1. Surface Safety Valves
      12.7.2. Subsurface Safety Valves
   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 Safety Valves Demand Share, 2019-2026

13. Middle East & Africa Safety 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 Safety 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 Safety Valves Market Size and Volume Forecast by Application
      13.4.1. Home Use
      13.4.2. Commercial Use
      13.4.3. Industrial Use
      13.4.4. Utilities
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Safety Valves Market Size and Volume Forecast by Type
      13.7.1. Surface Safety Valves
      13.7.2. Subsurface Safety Valves
   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 Safety Valves Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Safety Valves Market: Market Share Analysis
   14.2. Safety Valves Distributors and Customers
   14.3. Safety Valves Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Schlumberger
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Shanghai BODO
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. SUNRY
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Jereh Oilfield Equipment
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. MCM OIL TOOLS
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Halliburton
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Baker Hughes
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Tejas
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. American Completion Tools
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. SUNRY
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Sensus
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Viewshine
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. AVK
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Johnson Electric
         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

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