Market Overview:
The global valve position indicator 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 automation in industries such as oil and gas, chemical, pharmaceutical manufacturing, and others. Additionally, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global valve position indicator market can be segmented into single acting positioner and double acting positioner. Single acting positioners are more common than double acting positioners owing to their low cost and easy installation. Based on application, the global valve position indicator market can be segmented into oil and gas industry, chemical industry, pharmaceutical manufacturing industry, food processing industry,, water treatment plant,, power generation plant,,and others segments. Among these applications segments,.
Product Definition:
A valve position indicator is a device that monitors the position of a valve in a fluid system. The importance of valve position indicators is that they allow operators to ensure that valves are properly positioned for proper operation of the system.
Single Acting Positioner:
Single acting positioners are a type of valve position indicator that is used to indicate the closed or open position of a valve. They are also known as one-acting valves and operate by means of only one controlling element, which can be either mechanical, pneumatic or hydraulic. The most common application for these devices is in ball valves where they are used to control the flow rate through the stem and therefore help in maintaining pressure within a system.
Double Acting Positioner:
Double acting positioners are used in valve position indicators to convert the linear motion into circular motion. The working principle of double acting positioner is based on the simple laws of physics and mechanics. It consists of a fixed or moving contact surface between two rigid surfaces which are connected by a flexible cable or chain.
Application Insights:
The oil and gas application segment accounted for the largest revenue share in 2017. The increasing demand for crude oil as a raw material from various industries including chemical, plastics, refining is expected to drive the industry growth over the forecast period. In addition to this, technological advancements such as down-hole cameras and sensors are further expected to increase exploration activities across all major regions thereby driving market growth.
The pharmaceutical manufacturing application segment is projected register a CAGR of XX% from 2018 to 2030 owing to growing investments in new plant construction along with technological advancements that enhance production efficiency and quality control measures at each stage of production cycle. This will result in high product demand during the estimated time frame.
valves play an important role in almost every process involving chemicals or any other liquid where precision & safety are required; these devices have applications across numerous industries including food & beverage processing, pharmaceuticals manufacturing etc.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period owing to increasing demand for VLI from various end-use industries such as oil and gas, chemical, and pharmaceutical manufacturing. In addition, rising awareness regarding safety issues associated with plant maintenance is also anticipated to propel regional growth over the next eight years.
The Asia Pacific market was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period owing to rapid industrialization along with expanding end-use industry verticals such as oil.
Growth Factors:
- Increasing demand from the automotive industry for fuel-efficient and low-emission vehicles is expected to drive the growth of valve position indicator market.
- Growing demand for advanced safety features in automobiles is also anticipated to propel the growth of valve position indicator market during the forecast period.
- Rising adoption of electric vehicles is another key factor that would fuel the demand for valve position indicators in near future.
- Increasing investments by OEMs towards development of new technologies and products is likely to create lucrative opportunities for valve position indicator market players over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Position Indicator Market Research Report
By Type
Single Acting Positioner, Double Acting Positioner
By Application
Oil and Gas, Chemical, Pharmaceutical Manufacturing, Others
By Companies
Flowserve, Metso, Siemens, ABB, SAMSON AG, Rotork, GEMU, Dwyer Instrument, VAG-Group, Avenium Engineering, Sofis, Cla-Val, Zurn Industries, Oval Corporation, Alfa Laval, Blythe, Crane, MGA
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Valve Position Indicator Market Report Segments:
The global Valve Position Indicator market is segmented on the basis of:
Types
Single Acting Positioner, Double Acting Positioner
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 and Gas, Chemical, Pharmaceutical Manufacturing, 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:
- Flowserve
- Metso
- Siemens
- ABB
- SAMSON AG
- Rotork
- GEMU
- Dwyer Instrument
- VAG-Group
- Avenium Engineering
- Sofis
- Cla-Val
- Zurn Industries
- Oval Corporation
- Alfa Laval
- Blythe
- Crane
- MGA
Highlights of The Valve Position Indicator 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:
- Single Acting Positioner
- Double Acting Positioner
- By Application:
- Oil and Gas
- Chemical
- Pharmaceutical Manufacturing
- 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 Valve Position Indicator 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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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?
The Valve Position Indicator (VPI) is a gauge on an engine that indicates the amount of air or fuel being delivered to the cylinders.
Some of the major players in the valve position indicator market are Flowserve, Metso, Siemens, ABB, SAMSON AG, Rotork, GEMU, Dwyer Instrument, VAG-Group, Avenium Engineering, Sofis, Cla-Val, Zurn Industries, Oval Corporation, Alfa Laval, Blythe, Crane, MGA.
The valve position indicator 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. Valve Position Indicator 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. Valve Position Indicator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Valve Position Indicator Market - Supply Chain
4.5. Global Valve Position Indicator Market Forecast
4.5.1. Valve Position Indicator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Valve Position Indicator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Valve Position Indicator Market Absolute $ Opportunity
5. Global Valve Position Indicator 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. Valve Position Indicator Market Size and Volume Forecast by Type
5.3.1. Single Acting Positioner
5.3.2. Double Acting Positioner
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Valve Position Indicator 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. Valve Position Indicator Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Chemical
6.3.3. Pharmaceutical Manufacturing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Valve Position Indicator 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. Valve Position Indicator 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 Valve Position Indicator 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. Valve Position Indicator 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 Valve Position Indicator Demand Share Forecast, 2019-2026
9. North America Valve Position Indicator 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 Valve Position Indicator 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 Valve Position Indicator Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Chemical
9.4.3. Pharmaceutical Manufacturing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Valve Position Indicator Market Size and Volume Forecast by Type
9.7.1. Single Acting Positioner
9.7.2. Double Acting Positioner
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 Valve Position Indicator Demand Share Forecast, 2019-2026
10. Latin America Valve Position Indicator 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 Valve Position Indicator 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 Valve Position Indicator Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Chemical
10.4.3. Pharmaceutical Manufacturing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Valve Position Indicator Market Size and Volume Forecast by Type
10.7.1. Single Acting Positioner
10.7.2. Double Acting Positioner
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 Valve Position Indicator Demand Share Forecast, 2019-2026
11. Europe Valve Position Indicator 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 Valve Position Indicator 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 Valve Position Indicator Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Chemical
11.4.3. Pharmaceutical Manufacturing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Valve Position Indicator Market Size and Volume Forecast by Type
11.7.1. Single Acting Positioner
11.7.2. Double Acting Positioner
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 Valve Position Indicator Demand Share, 2019-2026
12. Asia Pacific Valve Position Indicator 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 Valve Position Indicator 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 Valve Position Indicator Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Chemical
12.4.3. Pharmaceutical Manufacturing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Valve Position Indicator Market Size and Volume Forecast by Type
12.7.1. Single Acting Positioner
12.7.2. Double Acting Positioner
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 Valve Position Indicator Demand Share, 2019-2026
13. Middle East & Africa Valve Position Indicator 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 Valve Position Indicator 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 Valve Position Indicator Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Chemical
13.4.3. Pharmaceutical Manufacturing
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Valve Position Indicator Market Size and Volume Forecast by Type
13.7.1. Single Acting Positioner
13.7.2. Double Acting Positioner
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 Valve Position Indicator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Valve Position Indicator Market: Market Share Analysis
14.2. Valve Position Indicator Distributors and Customers
14.3. Valve Position Indicator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Flowserve
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Metso
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ABB
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SAMSON AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rotork
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GEMU
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dwyer Instrument
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VAG-Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Avenium Engineering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sofis
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cla-Val
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zurn Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Oval Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Alfa Laval
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Blythe
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Crane
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. MGA
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
