The North America Control Valve Market would witness market growth of 7.1% CAGR during the forecast period (2020-2026). Control valves are widely utilized in process industries like petrochemical, energy & power, food & beverages, oil & gas, water & wastewater, and pharmaceutical to meet increasing automation needs. They have an important role to play in enhancing the end-use industry’s profitability, safety, and efficiency for various manufacturing processes. Moreover, the installation of control valves in industries is consistently increasing due to the advantages they provide with respect to temperature or pressure control throughout downstream, midstream, and upstream activities.
Increasing oil & gas exploration initiatives in regions such as North America is expected to offer a push to the market. The market in these regions is estimated to observe a high growth rate over the upcoming years. In addition, strict regulations with respect to environmental legislation for end-use industries in the North America, is playing a significant role in boosting the market. For example, the U.S. Environmental Protection Agency (EPA) has ordered to restrict the usage of conventional spring diaphragm actuators, which are utilized to actuate valves at the wellhead, with an objective to decrease greenhouse gas emissions. The regulatory authority proposed to substitute it with electric actuators having pneumatic devices, which can aid in decreasing methane and volatile organic compounds (VOC) emissions.
Various control valve companies are increasing their investments in robust, advanced control instrumentation due to the surging demand for technologically advanced products from emerging end-use industries. This is anticipated to cause increased competitive, economic, and environmental pressures to provide high-quality products with a shorter return on investment. Due to the incorporation of digital intelligence, these technologically advanced control valves are one of the main components of an efficient plant asset management strategy.
Based on Type, the market is segmented into Linear and Rotary. Based on Operation, the market is segmented into Pneumatic Control Valve, Hydraulic Control Valve and Electrical Control Valve. Based on Industry Vertical, the market is segmented into Water & Wastewater, Mining, Pharmaceuticals, Food & Beverages, Government & Defense, Oil & Gas, Chemicals and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Control Valve Market in North America is expected to register a CAGR of 7.1% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Emerson Electric Co., Schlumberger N.V. (Cameron International Corporation), Flowserve Corporation, Alfa Laval AB, Crane Co., Kitz Corporation, Neway Valve Co., Ltd., Velan, Inc., Avcon Controls Pvt. Ltd. and Dwyer Instruments, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Operation
- Pneumatic Control Valve
- Hydraulic Control Valve
- Electrical Control Valve
By Industry Vertical
- Water & Wastewater
- Mining
- Pharmaceuticals
- Food & Beverages
- Government & Defense
- Oil & Gas
- Chemicals
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Emerson Electric Co.
- Schlumberger N.V. (Cameron International Corporation )
- Flowserve Corporation
- Alfa Laval AB
- Crane Co.
- Kitz Corporation
- Neway Valve Co., Ltd.
- Velan, Inc.
- Avcon Controls Pvt. Ltd.
- Dwyer Instruments, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Control Valve Market, by Type
1.4.2 North America Control Valve Market, by Operation
1.4.3 North America Control Valve Market, by Industry Vertical
1.4.4 North America Control Valve Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Control Valve Market by Type
3.1 North America Control Valve Market Linear Market by Country
3.2 North America Control Valve Market Rotary Market by Country
Chapter 4. North America Control Valve Market by Industry Vertical
4.1 North America Water & Wastewater Control Valve Market by Country
4.2 North America Mining Control Valve Market by Country
4.3 North America Pharmaceuticals Control Valve Market by Country
4.4 North America Food & Beverages Control Valve Market by Country
4.5 North America Government & Defense Control Valve Market by Country
4.6 North America Oil & Gas Control Valve Market by Country
4.7 North America Chemicals Control Valve Market by Country
4.8 North America Other Industry Vertical Control Valve Market by Country
Chapter 5. North America Control Valve Market by Operation
5.1 North America Pneumatic Control Valve Market by Country
5.2 North America Hydraulic Control Valve Market by Country
5.3 North America Electrical Control Valve Market by Country
Chapter 6. North America Control Valve Market by Country
6.1 US Control Valve Market
6.1.1 US Control Valve Market by Type
6.1.2 US Control Valve Market by Industry Vertical
6.1.3 US Control Valve Market by Operation
6.2 Canada Control Valve Market
6.2.1 Canada Control Valve Market by Type
6.2.2 Canada Control Valve Market by Industry Vertical
6.2.3 Canada Control Valve Market by Operation
6.3 Mexico Control Valve Market
6.3.1 Mexico Control Valve Market by Type
6.3.2 Mexico Control Valve Market by Industry Vertical
6.3.3 Mexico Control Valve Market by Operation
6.4 Rest of North America Control Valve Market
6.4.1 Rest of North America Control Valve Market by Type
6.4.2 Rest of North America Control Valve Market by Industry Vertical
6.4.3 Rest of North America Control Valve Market by Operation
Chapter 7. Company Profiles
7.1 Emerson Electric Co.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.1 SWOT Analysis
7.2 Schlumberger N.V. (Cameron International Corporation )
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Geographical Expansions:
7.3 Flowserve Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Alfa Laval AB
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.5 Crane Co.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 Kitz Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Acquisition and Mergers:
7.7 Neway Valve Co., Ltd.
7.7.1 Company Overview
7.8 Velan, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 Avcon Controls Pvt. Ltd.
7.9.1 Company Overview
7.10. Dwyer Instruments, Inc.
7.10.1 Company Overview
TABLE 1 North America Control Valve Market, 2016 - 2019, USD Million
TABLE 2 North America Control Valve Market, 2020 - 2026, USD Million
TABLE 3 North America Control Valve Market by Type, 2016 - 2019, USD Million
TABLE 4 North America Control Valve Market by Type, 2020 - 2026, USD Million
TABLE 5 North America Control Valve Market Linear Market by Country, 2016 - 2019, USD Million
TABLE 6 North America Control Valve Market Linear Market by Country, 2020 - 2026, USD Million
TABLE 7 North America Control Valve Market Rotary Market by Country, 2016 - 2019, USD Million
TABLE 8 North America Control Valve Market Rotary Market by Country, 2020 - 2026, USD Million
TABLE 9 North America Control Valve Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 10 North America Control Valve Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 11 North America Water & Wastewater Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Water & Wastewater Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Mining Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Mining Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Pharmaceuticals Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Pharmaceuticals Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 17 North America Food & Beverages Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Food & Beverages Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Government & Defense Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Government & Defense Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Oil & Gas Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Oil & Gas Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Chemicals Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 24 North America Chemicals Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 25 North America Other Industry Vertical Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 26 North America Other Industry Vertical Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 27 North America Control Valve Market by Operation, 2016 - 2019, USD Million
TABLE 28 North America Control Valve Market by Operation, 2020 - 2026, USD Million
TABLE 29 North America Pneumatic Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Pneumatic Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 31 North America Hydraulic Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 32 North America Hydraulic Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 33 North America Electrical Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 34 North America Electrical Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 35 North America Control Valve Market by Country, 2016 - 2019, USD Million
TABLE 36 North America Control Valve Market by Country, 2020 - 2026, USD Million
TABLE 37 US Control Valve Market, 2016 - 2019, USD Million
TABLE 38 US Control Valve Market, 2020 - 2026, USD Million
TABLE 39 US Control Valve Market by Type, 2016 - 2019, USD Million
TABLE 40 US Control Valve Market by Type, 2020 - 2026, USD Million
TABLE 41 US Control Valve Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 42 US Control Valve Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 43 US Control Valve Market by Operation, 2016 - 2019, USD Million
TABLE 44 US Control Valve Market by Operation, 2020 - 2026, USD Million
TABLE 45 Canada Control Valve Market, 2016 - 2019, USD Million
TABLE 46 Canada Control Valve Market, 2020 - 2026, USD Million
TABLE 47 Canada Control Valve Market by Type, 2016 - 2019, USD Million
TABLE 48 Canada Control Valve Market by Type, 2020 - 2026, USD Million
TABLE 49 Canada Control Valve Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 50 Canada Control Valve Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 51 Canada Control Valve Market by Operation, 2016 - 2019, USD Million
TABLE 52 Canada Control Valve Market by Operation, 2020 - 2026, USD Million
TABLE 53 Mexico Control Valve Market, 2016 - 2019, USD Million
TABLE 54 Mexico Control Valve Market, 2020 - 2026, USD Million
TABLE 55 Mexico Control Valve Market by Type, 2016 - 2019, USD Million
TABLE 56 Mexico Control Valve Market by Type, 2020 - 2026, USD Million
TABLE 57 Mexico Control Valve Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 58 Mexico Control Valve Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 59 Mexico Control Valve Market by Operation, 2016 - 2019, USD Million
TABLE 60 Mexico Control Valve Market by Operation, 2020 - 2026, USD Million
TABLE 61 Rest of North America Control Valve Market, 2016 - 2019, USD Million
TABLE 62 Rest of North America Control Valve Market, 2020 - 2026, USD Million
TABLE 63 Rest of North America Control Valve Market by Type, 2016 - 2019, USD Million
TABLE 64 Rest of North America Control Valve Market by Type, 2020 - 2026, USD Million
TABLE 65 Rest of North America Control Valve Market by Industry Vertical, 2016 - 2019, USD Million
TABLE 66 Rest of North America Control Valve Market by Industry Vertical, 2020 - 2026, USD Million
TABLE 67 Rest of North America Control Valve Market by Operation, 2016 - 2019, USD Million
TABLE 68 Rest of North America Control Valve Market by Operation, 2020 - 2026, USD Million
TABLE 69 Key Information – Emerson Electric Co.
TABLE 70 key information – Schlumberger N.V.
TABLE 71 Key Information – Flowserve Corporation
TABLE 72 key Information – Alfa Laval AB
TABLE 73 Key Information – Crane Co.
TABLE 74 key information – Kitz Corporation
TABLE 75 key Information – Neway Valve Co., Ltd.
TABLE 76 Key Information – Velan, Inc.
TABLE 77 key information – Avcon Controls Pvt. Ltd.
TABLE 78 Key Information – Dwyer Instruments, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Emerson Electric Co.
FIG 3 Swot analysis: Emerson Electric CO.
FIG 4 Recent strategies and developments: Schlumberger N.V
FIG 5 Recent strategies and developments: Alfa Laval AB