The Control Valves market research delivers current market analysis plus a five-year market and technology forecast. The research is available in multiple editions including worldwide, all regions, and most major countries.
ARC Advisory Group’s research on the control valves market highlights how the economic disruption caused by the war in Ukraine has amplified the urgency to accelerate energy transition initiatives. Governments around the world are increasingly striving to become less dependent on unreliable foreign suppliers of energy. This increased focus on energy security is driving heightened investment activity in nuclear, LNG, fossil power, and regional oil and gas projects. In the above industries, control valves are used to maintain a process variable as close as possible to the desired set point. Controller set points are typically flow rate, pressure, and temperature. Product parameters, such as density, concentration, liquid level, and others, can also be controlled with control valves. Fieldbus Positioner
In addition to providing a five-year market forecast, the Control Valve market research provides detailed quantitative current market data and addresses key strategic issues as follows.
End users should take the time to understand their specific valve operational requirements to select the right control valves technology that will best meet the requirements of their respective project operational challenges, such as process pressure, flow rate, and other related factors. Users may want to consult with suppliers to determine the apt valve body and material type (based on available space, medium type, required flow rate, and pressure differential), which could be deployed to enhance their operational efficiencies and mitigate losses or malfunction. With their broader application experience in leak detection and periodic overhaul, suppliers are often better positioned to find a solution for a customer‘s requirement that the customer was not aware of.
New automation technologies and work processes can bring significant economic benefits, but a lot of the future success for end users will depend on their ability to embrace not only modern technologies but also the new work processes that are essential to their success.
If firms continue to implement traditional technologies and work processes, they will continue to be burdened by the unnecessary costs, complexities, and inefficiencies of the past. Innovative approaches and implementation of modern technologies are required to take projects to the next level of performance. Standards organizations like NAMUR and cross-industry initiatives like OPAF, both with strong input from the end user community, are notable examples of how end users themselves can drive change in the technologies offered by automation suppliers.
End users are placing a greater emphasis on investing in new technologies that allow them to meet their ESG commitments and comply with regulatory changes. Government incentives around decarbonization efforts, including the Inflation Reduction Act in the US are also becoming more common.
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Countries included in each region.
Table of contents for these studies is shown in the following paragraphs.
The research identifies all relevant suppliers serving this market including key regional players.
List of countries & currencies included in each region: MIRA-Country
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