Industrial control valves are used for modulating the flow of fluid at varying degrees between minimal flow and full capacity after receiving a signal from the controllers. Control valves are considered as the critical part of any control loop, as they perform physical work by directly affecting the process parameter. Control valves further provide direct control between flow rate and the process quantities, such as pressure, temperature, and liquid level in a variety of industrial applications. In recent times, the use of overall control valves is shooting up due to the large implementation of automation in the manufacturing sectors.
Technavio’s analysts forecast the global industrial thermostatic control valves market to grow at a CAGR of 5.20% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global industrial thermostatic control valves market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Industrial Thermostatic Control Valves Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • AMOT • Danfoss • Fluid Power Energy • Fushiman • Metrex Valve
Market driver • Increased implementation of automation in industrial facilities. • For a full, detailed list, view our report
Market challenge • Fluctuating raw material price. • For a full, detailed list, view our report
Market trend • Emerging demand for smart industrial thermostatic control valves. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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