The global Motorized Control Valves Market offers motorized actuators capable of precisely regulating flow and pressure in response to electronic signals. Motorized control valves are key components in HVAC, industrial process control and critical systems requiring automatic regulation of liquid flows. They precisely control fluid flow through on/off or modulating action for applications like boilers, chillers, pumps and temperature control loops. These valves improve process efficiency by maintaining optimized flow levels with automated correction for deviations.
The global Motorized Control Valves Market is estimated to be valued at US$ 12.37 Bn in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the motorized control valves market is their increasing adoption in the power generation industry. Thermal and nuclear power plants extensively use motorized control valves to precisely regulate steam, water, fuel and chemical flows across various processes. Their ability to withstand high pressures and temperatures along with accurate flow control makes them indispensable for power plant operations. Their automated control further helps optimize plant performance and efficiency. Growing investments in new power plants especially in developing regions will augment demand for motorized control valves over the forecast period.
Porter's Analysis
Threat of new entrants: The threat of new entrants is moderate as significant capital investments are required for manufacturing facilities and equipment. However, the availability of components from suppliers lowers the entry barriers.
Bargaining power of buyers: The bargaining power of buyers is high owing to the presence of a large number of motorized control valve manufacturers. Buyers can negotiate on prices and demand better quality and services.
Bargaining power of suppliers: The bargaining power of suppliers is moderate due to the availability of component suppliers. However, suppliers have low threat as motorized control valves require standard components.
Threat of new substitutes: The threat of new substitutes is low as motorized control valves have applications across industries and no direct substitute offers the same functionality.
Competitive rivalry: The competitive rivalry is high due to the presence of numerous global and regional players offering similar products. Players compete based on product quality, pricing, innovation, and service.
Key Takeaways
The Global Motorized Control Valves Market Demand is expected to witness high growth. The global Motorized Control Valves Market is estimated to be valued at US$ 12.37 Bn in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period 2024 to 2031.
The market in Asia Pacific region is expected to grow at the fastest CAGR during the forecast period due to the increasing investments in process industries and power generation sector in China, India, and other developing nations. This is attributed to rapidly growing process industries and power generation sector in China and India.
Key players: Key players operating in the Motorized Control Valves market are WCR, Inc., Alfa Laval, Manning and Lewis, Danfoss, Universal Coils and Heat Exchangers Industries Co. Ltd., Kelvion Holdings, GÃ1⁄4ntner Group GmbH, DFC Pressure Vessel Manufacturer Co., Ltd., Xylem, AIC Inc., API Heat Transfer, Aqua Systems, Inc., Mersen, Southern Heat Exchanger, Hisaka Works, Koch Heat Transfer Company, Chart Industries, Inc., Apparantebau GmbH, Johnson Controls International, Funke Wärmeaustauscher, HRS Heat Exchangers Ltd., and SPX flow, Inc.
For more insights, Read- https://www.ukwebwire.com/motorized-control-valves-market-trends-size-and-share-analysis/
Motorized manipulate valves are generally utilized in small and big hydronic heating and cooling structures.
These are applied to remotely manipulate the waft of fluids and gases as they should be via an electrically powered actuator.
The distinction with inside the running mechanism of different mechanical stopcocks and those additives lie simplest with inside the actuation inputs.
Motorized manipulate valves locate extensive packages in the business region that includes, water and wastewater treatment, oil & fuel line enterprise, chemical manufacture, and energy generation.
Increasing recognition concerning the implementation of automation, which facilitates growing performance and decreasing downtime, will create giant call over the forecast period Motorized manipulate valves market has witnessed extensive adoption charge with inside the oil & fuel line enterprise, mainly due to the usage of clever valves which can be incorporated with clever sensors and embedded processors.
These improvements permit the industries to set up green networking functionality and allow far-flung tracking of the enterprise operations.
Control valves are the devices which allow the passage of fluids (liquids and gases).
Control valve act as a passage which open and closes when fluid flows through it.
Control valves are mainly use in process industries such as food and beverages, oil and gas, waste water treatment etc.
in order to control the process by maintaining the flow of fluid.
In the market, latest control valves are also available which are automated and sensor based for swift operations.Global control valves market is projecting a rise in estimated value by 2026, registering a CAGR of 6.8% in the forecast period of 2019-2026 due to Increase in the infrastructure project in developing countries, Rise of automation in the process industry and Increase in research and development to design and develop new valvesDownload Sample Copy of Computer Vision Market Report Athttps://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-control-valves-marketMarket Drivers and Restraints:Growth in demand from water and wastewater treatment, oil & gas industry, power industry and pharmaceutical industry would act as a catalystAdoption of smart valves and automation in industries have enhanced the marketIncrease in the power generation plants including nuclear plants across the globe may boost the marketIncrease in research and development to design and develop new valves has driven the marketHuge initial investment would hinder the growthHigh failure rate of valves can restrict the market of control valveThe major players covered in the Control Valves MarketFew of the major competitors currently working global control valves market are Curtiss-Wright, Crane Co., Emerson Electric Co, Flowserve Corporation, Alfa Laval, IMI plc, Neway Valves., Velan Inc., Samson Controls Inc., Pentair plc., Kitz Corporation, Metso Corporation, The Weir Group PLC, SpiraxSarco Limited, Valvitalia SpA, SchlumbergerLimited, Eaton, Honeywell, Baker Hughes and othersMajor TOC Of The ReportChapter One: Control Valves Market OverviewChapter Two: Manufacturers ProfilesChapter Three: Global Control Valves Market Competition, by PlayersChapter Four: Global Control Valves Market Size by RegionsChapter Five: North America Control Valves Market Revenue by CountriesChapter Six: Europe Control Valves Market Revenue by CountriesChapter Seven: Asia-Pacific Control Valves Market Revenue by CountriesChapter Eight: South America Control Valves Market Revenue by CountriesGet Detailed Table of Contents @https://www.databridgemarketresearch.com/toc/?dbmr=global-control-valves-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global Control Valves MarketAnalysis of market effect factors and their impact on the forecast and outlook of the global Control Valves MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Control Valves MarketA roadmap of growth opportunities available in the global Control Valves Market with the identification of key factorsThe exhaustive analysis of various trends of the global Control Valves Market to help identify market developmentsKey Questions Answered in Report:What is the key to the Control Valves Market ?What will the Control Valves Market Demand and what will be Growth?What are the latest opportunities for Control Valves Market in the future?What are the strengths of the key players?Access Full Report @ https://www.databridgemarketresearch.com/reports/global-control-valves-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact:Data Bridge Market ResearchTel: +1-888-387-2818Email: [email protected] Related Reports@Battery Free RFID Sensor MarketAutomotive Adaptive Cruise Control MarketAmbient Lighting Market
