Asia Pacific Control Valve Market is estimated to grow from US$2.299 billion in 2015 to US$3.911 billion by 2021, at a CAGR of 9.26% over the forecast period. Growing automation in the process industry is one of the key drivers of APAC Control Valve market. Increasing infrastructural development in emerging economies such as India and China are further fuelling the growth of control valve industry in the region. Growing population in Asia Pacific is demanding high energy consumption, leading to increased investment in oil and gas industry. Furthermore, rising demand for clean portable water coupled with safe and efficient waste collection and waste disposal facilities will bolster the growth of APAC Control Valve market in the forthcoming years.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry and regional regulations which are determining the product specifications and a brief technological aspect of Control Valve. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Asia Pacific Control Valve market has been segmented on the basis of type, end user, and geography. By type, segmentation has been done as hydraulic, pneumatic, and electric. The market has further been segmented by end user as oil and gas, energy and power, water and wastewater, mining, and others. Geographically, segmentation has been done as Japan, China, India, Australia, and others.
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key five industry participants profiled as part of this section are Crane, General Electric, IMI, Pentair, and Emerson Process Management.