Pneumatic Control Valves Market 2017- Industrial outlook, company shares, analysis, growth, forecast to 2022
Global
Pneumatic
Control Valve Market is segmented
on the basis of type as Check Valves, Diaphragm Valves, Glove Valves, Ball
Valves, Butterfly Valves, Gate Valves, Plug Valves, and Safety Valves. As far
as the type is concerned, it can also be segregated as Regulated type and
Switching type. Pneumatic Control Valve is a device that employs compressed air
for carrying out the diffusion and regulation of energy. The prime utilization
of this appliance has been observed in the management of automatic production
lines, mechanical clamps, and train doors. The most striking benefits attached
with its use may include elongated life, simple maintenance, high efficacy,
consistency, simple framework, and increased flexibility to severe
surroundings. Moreover, they are environmental friendly and cost-effective in
nature. The only flaws associated with it entails reduced precision level, slow
rate of loading, need of processing before employment, and imbalanced moving
speed. All these factors are turning as major restraints in the market growth.
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The
key factors that are responsible for the market growth entails growing
applications across various sectors, rise in the industrialization, constant
innovations, augmented demands particularly from the oil and gas sectors,
technological advancements, rising prerequisite, increased benefits, rising
investments, and emergence of leading manufacturers across the globe. Owing to
all the above-mentioned factors, it has been anticipated that the Pneumatic
Control Valves Market will register a healthy CAGR in the forecast period.
Pneumatic Control Valves Market is segmented on the basis of application as
Pharmaceutical, Building & Construction, Oil & Gas, Water &
Wastewater, Food & Beverages, Energy & Power, and Chemical. Among all
the applications, the segment of Oil & Gas is taking up the largest share.
Pneumatic
Control Valve Market is segmented
on the basis of geographical region as North America, China, Europe, Southeast
Asia, Japan, and India. As far as the geographical region is concerned, North
America is currently the leader of the market and it is simultaneously
accounting for the largest share in the market, the reason being
industrialization, urbanization, mounting demand across various sectors,
increasing awareness among the masses, constant introductions and innovations,
and rise in the investments by the leading manufacturers. On the other hand,
Europe and Asia Pacific is also witnessing a robust growth owing presence of
leading manufacturers in the particular region. The key players operating in
the Pneumatic Control Valves Market covers Haitima, STI, Habonim, J+J
Automation, Flowserve, Metso, Pentair, General Electric, Emerson Process,
Univer Group, Actuator Technology Company, Sirca International, Burkert,
Parker, Bimba, DynaQuip Controls, SMS Industrial Control Valves &
Automation System, Moog and Rotex.
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