MARKET OVERVIEW
A pressure-reducing valve is a device used to regulate the pressure of a fluid, typically by controlling the flow rate. The pressure-reducing valves market has seen growth in recent years due to increasing demand in various industries, such as water treatment, oil and gas, HVAC, and power generation. Trends in the pressure reducing valve market include the increasing adoption of intelligent and digital valves, growth in the construction industry, and a shift towards eco-friendly and energy-efficient systems. Additionally, technological improvements have led to the growth of compact and lightweight valves, making them easier to install and maintain.
MARKET DYNAMICS
The industry requires a pressure reducing valve for maintaining pressure in the pipeline and prevent pipes from bursting, and from protecting against damage and leakage. Additionally, growing concern about safety is rising the demand for pressure reducing valve market. Pressure reducing valves are widely used by various end-user such as in power generation, chemical, oil and gas industries, and among others that are expected to drive the growth of the pressure reducing valve market.
MARKET SCOPE
The "Global Pressure Reducing Valve Market Analysis to 2028" is a specialized and in-depth study of the pressure reducing valve industry with a special focus on the global market trend analysis. The report aims to provide an overview of pressure reducing valve market with detailed market segmentation by product type, operating pressure, and end-user and geography. The global pressure reducing valve market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pressure reducing valve market players and offers key trends and opportunities in the pressure reducing valve market.
MARKET SEGMENTATION
The global pressure reducing valve market is segmented on the basis of product type, operating pressure, and end-user. On the basis of product type the market is segmented as direct acting, pilot operated. On the basis of operating pressure the market is segmented as below 300 psig, 301-600 psig, above 600 psig. On the basis of end-user the market is segmented as oil and gas, power generation, chemical, metals and mining, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global pressure reducing valve market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pressure reducing valve market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting pressure reducing valve market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the pressure reducing valve market in these regions.
MARKET PLAYERS
The reports cover key developments in the pressure reducing valve market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from pressure reducing valve are anticipated to lucrative growth opportunities in the future with the rising demand for pressure reducing valve in the global market. Below mentioned is the list of few companies engaged in the pressure reducing valve market.
The report also includes the profiles of key pressure reducing valve companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aalberts Industries N.V.
- Eaton Corporation plc
- Honeywell International Inc.
- KSB SE & Co. KGaA
- Mueller Water Products, Inc.
- Parker-Hannifin Corporation
- Reliance Worldwide Corporation Limited
- Spirax-Sarco Engineering plc
- TALIS Management Holding GmbH
- Watts Water Technologies, Inc.