The global control valve market was valued at USD $6.45 billion in 2016 and is projected to reach USD $10.11 billion by 2025, growing at a CAGR of 5.12% from 2017 to 2025.
A control valve is a type of valve that is used to control fluid flow by varying the size of the flow passage as directed by a signal from a controller. This enables the direct control of flow rate and the consequential control of process quantities such as pressure, temperature and liquid level.
Market Insights Reports has just published its Control Valves Market report that covers the market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the electronic equipment market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market. Market segmentations break down the key sub sectors, which make up the market. The regional breakdowns section gives the size of the market geographically.
The regions covered in the report are: United States, Canada and Mexico; Europe (Germany, France, UK, Russia and Italy); Asia-Pacific (China, Japan, Korea, India and Southeast Asia); South America (Brazil, Argentina, Columbia etc.); Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), etc.
The research for this study was conducted in five phases, which included secondary research, primary research, subject matter expert advice, quality check and final review.
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