Global Shut-Off Valve Market Overview:
The shut-off valves are functions most commonly by air, there are also two varieties of an air-operated valve. The generally open shut-off valve function, when no air pressure is applied the valve will fail open. There is a rubber tube inside the valve body, this rubber tube, also recognized as a sleeve, bladder, hose or membrane pinches/squeezes together once air pressure is applied shutting off the valve. Depending on the rubber tube inside the valve which is fitted within the shut-off valve then air pressure required to close the valve can vary. Some of the key players profiled in the study are Schneider Electric (France), Johnson Controls (United States), IMI Precision Engineering (United Kingdom), Honeywell (United States), AVK Group (Denmark), Siemens AG (Germany), KITZ Corporation (Japan), Bray International, Inc. (United States), Oventrop (United Kingdom) and Danfoss (Denmark).
On the basis of geography, the market of Shut-Off Valve has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Shut-Off Valve market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Construction will boost the Shut-Off Valve market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Investments in the Manufacturing Facilities
- Growing Demand for Power and Water
- Increasing Innovation in the Technology of Shut-Off Valves
- High Costs Associated With the Shut-Off Valves
- Rapid Growth of Industrialization
- Strict Government Policies and Regulations Regarding Shut-Off Valves
On Jan 1, 2019 – AVK announces the completion of the acquisition of the Italian company, ACMO. ACMO has a strong position in the range of needle valves, control valves, check valves and air valves.
Excess flow valves (EFV), which are safety devices installed on natural gas distribution pipelines to reduce the risk of accidents, are currently required for new or replaced gas service lines servicing single-family residences (SFR), as that phrase is defined in 49 CFR 192.383(a). This final rule makes changes to part 192 to expand this requirement to include new or replaced branched service lines servicing SFRs, multifamily residences, and small commercial entities consuming gas volumes not exceeding 1,000 Standard Cubic Feet per Hour (SCFH).
Target Audience:Manufacturers of Shut-Off Valve, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Shut-Off Valve, Power Industry, Governmental Bodies and Research Firms
Major Objectives Focused through this Study To define, describe, and forecast the Global Shut-Off Valve market on the basis of product [Ball Value, Butterfly Valve, Gate Valve and Globe Valve] , application [Cooling System, Heating System, HVAC, Radiators and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Shut-Off Valve market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Shut-Off Valve industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Belimo Holding AG (Switzerland), YUANDA VALVE (China) and Beijing Valve General Factory Co., Ltd. (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Shut-Off Valve market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.