Europe Isolation Valve Market: Current Analysis and Forecast (2022-2030)
$3999 – $6999
Emphasis on Product Type (Globe Valves, Ball Valves, Butterfly Valves, Control Valves, Plug Valves, and Others); Size (1-6 inches, 7-12 inches, 13-24 inches, 25-48 Inches, and above 48 Inches); End-Users (Oil and Gas, Power Generation, Chemicals, Water and Wastewater, and Others); and Region/Country
Pages: | 147 |
---|---|
Table: | 45 |
Figure: | 91 |
Report ID: | UMMM212248 |
Geography: |
Report Description
The Europe isolation valve market was valued at USD XX million in the year 2022 and is expected to grow at a strong CAGR of around 4.8 % during the forecast period. The manufacturing industries are investing more in infrastructure, which is likely to increase the demand for industrial valves. In addition, a number of developing countries are seeing an increase in the number of water supply and sanitary sewerage projects being carried out by governments. However, with the advent of new technology, many firms are expanding their presence in the market by winning new contracts and entering new markets. For instance, in October 2021 Armstrong International completed the acquisition of Leslie Controls, a manufacturer of control systems, industrial pumps, water heaters, and steam regulators. The acquisition included Leslie’s broad range of control valves and steam water heaters.
Some of the major players operating in the market include Emerson Electric Co; Danfoss A/S; Honeywell International Inc; AVK Holding A/S; Hitachi Ltd; KITZ Corporation; Pentair PLC; Schlumberger Limited.; Flowserve Corporation; Xylem Inc. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst product type, the market is segmented into globe valves, ball valves, butterfly valves, control valves, plug valves, and others. Among these, the control valves segment is expected to hold a considerable share of the market during the forecast period.
Based on the product type, the market is segmented into globe valves, ball valves, butterfly valves, control valves, plug valves, and others. Among these, the control valves segment is expected to hold a considerable share of the market during the forecast period as there is an ever-growing need for wireless monitoring infrastructure to track equipment in multiple facilities, an increased emphasis on automation, and a growing number of process facilities. Further, companies are looking for various strategic alliances in order to strengthen their market presence. For instance, In August 2021, Burkert Fluid Control Systems announced to offer durable and low maintenance on/off and control valves for switching and controlling gases, liquids, and steam in the process and food industries, suitable for media pressures up to 25 bar and temperatures up to 230°C. The service life at 200°C is more than one million switching cycles.
“Amongst end-users, the market is segmented into oil and gas, power generation, chemicals, water and wastewater, and others. Among these, the oil and gas segment will have a high market share in 2022.
Based on end-users, the market is segmented into oil and gas, power generation, chemicals, water and wastewater, and others. Among these, the oil and gas segment will have a high market share in 2022. Major countries in the European region are focusing on refinery refurbishment and refinery expansion to keep up with the increasing demand for crude oil and keep their refineries running efficiently. In this scenario, the infrastructure and pipeline investments are expected to grow, increasing the demand for valves in the forecast period. For instance, In May 2022, Italian company Snam and Spanish company Enagas investigated the possibility of building a gas pipeline. It is anticipated that the proposed pipeline between Spain and Italy will have a 30-billion-cubic-meter annual capacity. This comes after Europe’s efforts to reduce its reliance on Russian gas and diversify its energy supply mix following Russia’s invasion of Ukraine
“Germany is expected to hold the highest market share of market during forecast period”
The growing adoption of valves in Germany can be attributed to the country’s robust industrial landscape and its emphasis on precision engineering. As a leading global economy, Germany has a thriving manufacturing sector that spans automotive, machinery, chemicals, and more. Valves play a pivotal role in controlling fluid and gas flows within these industries, ensuring operational efficiency and safety. Additionally, Germany’s commitment to environmental sustainability has driven the demand for valves with enhanced sealing and leakage prevention features, aligning with stringent regulations. The country’s technological innovation and focus on automation have also led to the integration of advanced valve solutions that offer remote monitoring and control. Overall, the increasing adoption of valves in Germany reflects their integral role in maintaining the country’s industrial prowess and commitment to high-quality engineering standards.
Europe Isolation Valve Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The Europe isolation valve Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to contact us to get a report that completely suits your requirements.
You can also purchase parts of this report. Do you want to check out a section wise
price list?
Research Methodology
Research Methodology for the Europe Isolation Valve Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the Europe isolation valve Market were the three major steps undertaken to create and analyze the adoption of valves in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Europe isolation valve Market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Europe isolation valve Market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Europe isolation valve market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as product type, size, and end-users. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Europe isolation valve Market. Further, we conducted factor analysis using dependent and independent variables such as product type, size, and end-users of the Europe isolation valve Market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Europe isolation valve Market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Europe isolation valve market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the Europe isolation valve Market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the Europe isolation valve Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Countries
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the Europe isolation valve Market. data was split into several segments & sub-segments post studying various parameters and trends in the areas of the product type, size, and end-users in the Europe isolation valve Market.
The main objective of the European isolation valve Market Study
The current & future market trends of the Europe isolation valve Market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the Europe isolation valve Market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
- Segments in the study include areas of the product type, size, and end-users.
- Define and analysis of the regulatory framework for the manufacturing
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the Europe isolation valve Market for the major region.
- Major countries studied in the report include Germany, The United Kingdom, France, Italy, Spain, and Rest of Europe
- Company profiles of the Europe isolation valve Market and the growth strategies adopted by the market players to sustain in the fast-growing market.
- Deep dive regional level analysis of the industry