Market Overview:
The global switchable 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 switchable valves from the automotive and machinery & equipment industries. Additionally, the growing demand for energy-efficient and environment-friendly technologies is also contributing to the growth of this market. The global switchable valves market can be segmented on the basis of type into vertical valves and horizontal valves. On the basis of application, this market can be segmented into automotive, machinery & equipment, and other applications. The automotive industry is expected to account for a major share of this market during the forecast period owing to increasing demand for fuel-efficient vehicles across all regions worldwide.
Product Definition:
A switchable valve is a type of valve that can be turned on and off. This type of valve is important because it can be used to control the flow of water or other fluids.
Vertical Valves:
Vertical valves are used in switchable or flow control valves to restrict the flow of fluid through the valve. The term “vertical” is used because they are placed at an angle, usually 90 degrees, from the horizontal. They can be open and closed by controlling a diaphragm or gate that controls the liquid level.
The major factor driving vertical valve market includes growing demand for energy efficient products with high reliability.
Horizontal Valves:
Horizontal valves are used in switchable and intelligent valves market. It is a type of valve that can be opened and closed by controlling the flow of fluids through it. The most common application of horizontal valve is to control the direction or allow fluid to pass in one direction while preventing its backward flow. Horizontal valves are also known as cross-controlled or bi-directional valves, they have two handles attached to it which helps in opening and closing the valve easily without any hassle.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The use of vertical and horizontal valves is becoming common in the automotive industry owing to their ability to control pressure within a vehicle, thereby preventing loss of fluids or gases. These devices help automakers meet increasingly stringent regulatory requirements regarding safety and emission control systems while also reducing costs by eliminating the need for additional hardware components such as solenoids or relays.
The other application segment includes chemical, petrochemical, civil engineering and construction applications. The growth of this market can be attributed to increasing product demand from various industries including oil & gas, power generation and food processing that require controlled flow rates with minimal loss due to low-pressure environments existing inside pipes or ducts used in these applications.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand from end-use industries, such as water and wastewater treatment, oil & gas, food & beverage processing and manufacturing. The Asia Pacific market was valued at USD X million in 2017 and is projected to reach a value of USD X billion by 2030 with a CAGR of XX% during the forecast period due to rapid industrialization coupled with growing population in countries like China and India that has led towards an increase in domestic consumption along with robust economic growths across these economies which has increased their standard of living resulting into higher disposable income for various sectors including manufacturing, construction etc.
Growth Factors:
- Increasing demand for energy-efficient systems: The global market for switchable valves is expected to grow at a CAGR of more than 7% from 2016 to 2020. This growth can be attributed to the increasing demand for energy-efficient systems across different industries.
- Rising investments in oil and gas sector: Switchable valves are extensively used in the oil and gas sector for various applications such as well testing, choke management, and flow control. The rising investments in this sector are expected to drive the growth of the global switchable valves market during the forecast period.
- Growing popularity of smart cities: With rapid urbanization, there is an increase in demand for smart city solutions that offer improved efficiency and sustainability. Switchable valves play an important role in these solutions by helping reduce water wastage and controlling emissions from various industrial processes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Switchable Valves Market Research Report
By Type
Vertical Valves, Horizontal Valves
By Application
Automotive, Machinery & Equipment, Other
By Companies
Haldex, Schaeffler, Kawasaki Heavy Industries, Mitsuba, Walvoil, GKN, Eaton, Delphi Group, Grupo Antolin-Irausa, Stanley Electric, Valeo Group
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Switchable Valves Market Report Segments:
The global Switchable Valves market is segmented on the basis of:
Types
Vertical Valves, Horizontal 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
Automotive, Machinery & Equipment, 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:
- Haldex
- Schaeffler
- Kawasaki Heavy Industries
- Mitsuba
- Walvoil
- GKN
- Eaton
- Delphi Group
- Grupo Antolin-Irausa
- Stanley Electric
- Valeo Group
Highlights of The Switchable 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:
- Vertical Valves
- Horizontal Valves
- By Application:
- Automotive
- Machinery & Equipment
- 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 Switchable 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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- Correctly Positioning New Products
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- 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?
Switchable valves are a type of valve that can be turned on and off. This allows the valve to control the flow of water or gas in different directions.
Some of the major players in the switchable valves market are Haldex, Schaeffler, Kawasaki Heavy Industries, Mitsuba, Walvoil, GKN, Eaton, Delphi Group, Grupo Antolin-Irausa, Stanley Electric, Valeo Group.
The switchable valves market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Switchable 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. Switchable Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Switchable Valves Market - Supply Chain
4.5. Global Switchable Valves Market Forecast
4.5.1. Switchable Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Switchable Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Switchable Valves Market Absolute $ Opportunity
5. Global Switchable 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. Switchable Valves Market Size and Volume Forecast by Type
5.3.1. Vertical Valves
5.3.2. Horizontal Valves
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Switchable 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. Switchable Valves Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Machinery & Equipment
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Switchable 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. Switchable 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 Switchable 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. Switchable 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 Switchable Valves Demand Share Forecast, 2019-2029
9. North America Switchable 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 Switchable 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 Switchable Valves Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Machinery & Equipment
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Switchable Valves Market Size and Volume Forecast by Type
9.7.1. Vertical Valves
9.7.2. Horizontal 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 Switchable Valves Demand Share Forecast, 2019-2029
10. Latin America Switchable 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 Switchable 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 Switchable Valves Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Machinery & Equipment
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Switchable Valves Market Size and Volume Forecast by Type
10.7.1. Vertical Valves
10.7.2. Horizontal 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 Switchable Valves Demand Share Forecast, 2019-2029
11. Europe Switchable 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 Switchable 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 Switchable Valves Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Machinery & Equipment
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Switchable Valves Market Size and Volume Forecast by Type
11.7.1. Vertical Valves
11.7.2. Horizontal Valves
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 Switchable Valves Demand Share, 2019-2029
12. Asia Pacific Switchable 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 Switchable 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 Switchable Valves Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Machinery & Equipment
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Switchable Valves Market Size and Volume Forecast by Type
12.7.1. Vertical Valves
12.7.2. Horizontal 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 Switchable Valves Demand Share, 2019-2029
13. Middle East & Africa Switchable 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 Switchable 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 Switchable Valves Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Machinery & Equipment
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Switchable Valves Market Size and Volume Forecast by Type
13.7.1. Vertical Valves
13.7.2. Horizontal 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 Switchable Valves Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Switchable Valves Market: Market Share Analysis
14.2. Switchable Valves Distributors and Customers
14.3. Switchable Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haldex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schaeffler
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kawasaki Heavy Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsuba
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Walvoil
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GKN
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eaton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Delphi Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Grupo Antolin-Irausa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Stanley Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Valeo Group
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
