Global Industrial Valves Market in Oil and Gas Industry 2015-2019

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Transcript of Global Industrial Valves Market in Oil and Gas Industry 2015-2019

Page 1: Global Industrial Valves Market in Oil and Gas Industry 2015-2019

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Global Industrial Valves Market in Oil and Gas Industry

2015-2019

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Covered in this Report

• This report covers the present scenario and the growth prospects of the global industrial valves market in oil and gas industry for 2015-2019.

• To calculate the market size, the report covers the revenue generated from valves sold in the oil and gas industry.

• Technavio's report, Global Industrial Valves Market in Oil and Gas Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.

• It covers the market landscape and its growth prospects in the coming years.

• The report also includes a discussion of the key vendors operating in this market.

Global Industrial Valves Market in Oil

and Gas Industry 2015-2019

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Market Overview

• Industrial valves are devices that are used to control, direct, and regulate the flow and pressure of gases, liquids, and fluidized solids.

• Several types of industrial valves including globe valves, gate valves, butterfly valves, ball valves, and safety-relief valves are used in various process industries such as oil and gas, chemical, power, refining, and food and beverage.

• Technavio's analysts forecast the global industrial valves market in oil and gas industry to grow at a CAGR of 5.30% over the period 2014-2019.

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Key Findings

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• Oil and gas companies are automating production processes to reduce downtime and boost operational efficiency.

• One of the key market trends is the replacement of manually operated valves with fully automated isolation and control valves, which are interconnected to a monitoring and operating system.

• This should stimulate the demand for automated valves, actuators, and other control accessories.

• Large international vendors are acquiring small and local vendors to expand their market presence, product portfolio, and customer base.

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Key Questions Answered in Our Report

• What will the market size be in 2019 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?

Have a question of your own about this report?

Ask our Analysts

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• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

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