Valve Remote Control System Market
Global Valve Remote Control System Market Size, Share & Trends Analysis Report By Type (Pneumatic Valve Remote Control System, Electric Valve Remote Control System, Hydraulic Valve Remote Control System, and Electro-Hydraulic Valve Remote Control System), by Product Type (Ball Valve, Butterfly Valve, Diaphragm Valve, Globe Valve, and Others), and by End-User (Marine, Oil & Gas, Chemicals & Petrochemicals, Manufacturing, and Others) and Forecast 2019– 2025
Market outlook
Global valve remote control system market is growing significantly at a CAGR of 5% during the forecast period. The rise in adoption of automation system in the construction and manufacturing sector is expected to drive the global valve remote control system market. Besides, the high adoption of the automated controlling system in the oil & gas industry creates a significant growth for the valve remote control system market. Furthermore, there is an increase in the demand for effective and easy maintenance equipment that can increase the overall efficiency of the system has positively affected the sales of the valve remote control system in the market. Moreover, rapid industrialization and urbanization open a new window for the growth of the valve remote control system. One of the key trends scrutinized in the emerging economies includes rising investment in the offshore oil & natural gas exploration projects, thus, propelling the growth of the valve remote control system market.
Segmental outlook
The global valve remote control system market is segmented into type, product type, and end-user. In terms of type, the market is classified into a pneumatic valve remote control system, electric valve remote control system, hydraulic valve remote control system, and electro-hydraulic valve remote control system. Based on product type, the market is segmented into the ball valve, butterfly valve, diaphragm valve, globe valve, and others. On the basis of end-user, the market is segmented into marine, oil & gas, chemicals & petrochemicals, manufacturing, and others.
The pneumatic segment is expected to witness significant growth next decade.
Pneumatic controlled valve system offers better protection to the actuator or valves since it is more reliable than hydraulic or electric control valve. The pneumatic control valves are widely used in the palletizers and de-palletizer, cranes & hoist conveyers’ system, in the developing countries of Europe and North America. Thus, this segment holds a significant share in the market and is expected to retain at its position in the market during the forecast period.
Global Valve Remote Control System Market by End-User, 2018 (%)
Regional outlook
In terms of geography, the global valve remote control system market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Europe is projected to witness lucrative growth in the market during the forecast period. The growth is credited to the increase in the offshore manufacturing for extraction of the natural gas and lift in the investment of exploration activities for oil in the region. Moreover, in the emerging countries of Asia-Pacific, there is immense development in the power sector and rapid urbanization which has led to the risen up the demand for the energy supplying equipment and controlling devices. Furthermore, the rising investment from the foreign investor in the mining, oil & gas, and construction sector provides lucrative growth opportunities for the valve remote control system manufacturers to tap in the potential market in Asia-Pacific.
Global Valve Remote Control System Market Growth, by Region 2019-2025
North America region holds a considerable share in the global market
North America is expected to hold a significant share in the market owing to growing demand for oil production and the increasing requirement for the valves for the remote application. Furthermore, the increasing efficiency of the research base and high support from the government has lifted the utilization of technologically advanced products; thus, this factor fuels growth of the valve remote control system market in the region.
The Middle East and Africa is expected to witness bolster growth in the market
The Middle East and Africa a have an abundance of oil & gas industries and the emerging countries of the region are majorly investing in offshore projects, which is significantly propelling the growth of the market in the region. Among the countries in the Middle East and Africa, Saudi Arabia contributes a significant share in the market due to the highest utilization of the valve remote control system in the marine and oil & gas industry. A similar trend is observed in several other countries in the region, which includes Angola, Algeria, and Nigeria, owing to the increasing usage of valve remote control system to meet up the rising energy demand of the countries. Moreover, the increasing focus on grid expansion projects will contribute to creating an opportunity for the growth of the market in the region.
Competitive Analysis
The key players of the global valve remote control system market include Emerson Electric Co, Rotork Group, Dennis Nakakaita, SA, Parker-Hannifin Corp., Lavastica International B.V., Christian Bürkert GmbH & Co. KG, and Rotex Group, among others. Emerson Electric Co. is a global manufacturer of valve remote control system and provides its solutions to industrial, commercial, and consumer markets across the globe. The company’s ‘automation solutions’ segment offers products and integrated solutions in valve remote control system; including measurement and analytical instrumentation actuators, and regulators valves, and process control systems and solutions. It caters a range of the product to the oil & gas, chemicals and power generation refining, and in the manufacturing sector.
Key Development
- In December 2018, Emerson Electric Co announced the acquisition of Advanced Engineering Valves. The acquired company works on the advance valve technology, this technology benefits the LPF (low pass filter) using customers to operate easily. This activity has benefited Emerson in widening its product portfolio by improving its reliability and performance.
- In September 2017, Rotork Group was provided an order of 220 pneumatic actuators from UAE-based NASR Phase II, Full Field Development Project. This projected was targeted to increase the field’s oil production capacity from 22,000 barrels per day to 65,000 barrels per day.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global valve remote control system market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Emerson Electric Co.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. Swot Analysis
3.3.1.4. Recent Developments
3.3.2. Rotork Group
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. Swot Analysis
3.3.2.4. Recent Developments
3.3.3. Dennis Nakakaita, SA
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. Swot Analysis
3.3.3.4. Recent Developments
3.3.4. Parker-Hannifin Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. Swot Analysis
3.3.4.4. Recent Developments
3.3.5. Lavastica International B.V.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. Swot Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Valve Remote Control System Market by Type
5.1.1. Pneumatic Valve Remote Control System
5.1.2. Electric Valve Remote Control System
5.1.3. Hydraulic Valve Remote Control System
5.1.4. Electro-Hydraulic Valve Remote Control System
5.2. Global Valve Remote Control System Market by Valve Type
5.2.1. Ball Valve
5.2.2. Butterfly Valve
5.2.3. Diaphragm Valve
5.2.4. Globe Valve
5.2.5. Others (Safety Valve and Plug Valve)
5.3. Global Valve Remote Control System Market by End-User
5.3.1. Marine
5.3.2. Oil & Gas
5.3.3. Chemicals & Petrochemicals
5.3.4. Manufacturing
5.3.5. Others (Power Generation)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Baccara GEVA
7.2. Bimba Manufacturing Co.
7.3. BY Controls, Inc.
7.4. Christian Bürkert GmbH & Co. KG
7.5. Dennis Nakakaita, SA
7.6. Emerson Electric Co.
7.7. HIVAL Co. Ltd.
7.8. HYDAC Pty Ltd.
7.9. KSB SE & Co. KGaA
7.10. Lavastica International B.V.
7.11. Marotta Controls, Inc.
7.12. Metso Corp.
7.13. Musasino Co., Ltd.
7.14. NAKAKITA SEISAKUSHO CO., LTD.
7.15. Parker-Hannifin Corp.
7.16. Rotex Group
7.17. Rotork Group
7.18. Sealantern Electronics Co., Ltd.
7.19. SELMA
7.20. Wescon Controls LLC
1. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL PNEUMATIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL ELECTRIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL HYDRAULIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL ELECTRO-HYDRAULIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
7. GLOBAL BALL VALVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL BUTTERFLY VALVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL DIAPHRAGM VALVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL GLOBE VALVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL OTHER VALVES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
13. GLOBAL MARINE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL CHEMICALS & PETROCHEMICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
18. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
19. NORTH AMERICAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
20. NORTH AMERICAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
21. NORTH AMERICAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
22. NORTH AMERICAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
23. EUROPEAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
24. EUROPEAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
25. EUROPEAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
26. EUROPEAN VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
29. ASIA-PACIFIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
30. ASIA-PACIFIC VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
31. REST OF THE WORLD VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
32. REST OF THE WORLD VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
33. REST OF THE WORLD VALVE REMOTE CONTROL SYSTEM MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET SHARE BY PRODUCT TYPE, 2018 VS 2025 (%)
3. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL VALVE REMOTE CONTROL SYSTEM MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
7. UK VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD VALVE REMOTE CONTROL SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
