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Electric Valve Market: Introduction

  • An electric valve, also known as motorized valve, is a device which is driven by an electric motor in order to produce the valve action.  Using AI control, electric valves are used to regulate the flow of gases, liquids, or wind system piping. The device helps to close, open, distribute, dose, or mix the flow of gas or liquid in a pipe.
  • Electric valves are compact and efficient and are used when there is high pressure, gaseous medium, and steam of up to 356 degree Fahrenheit. Thus, they find application in pharmaceutical, oil & gas, agriculture, domestic appliances, and various other industries.
  • The growing end-use industries are expected to drive the global electric valve market during the forecast period.

Key Drivers and Opportunities of the Global Electric Valve Market

  • Electric valves are used in irrigation sprinkler systems. The irrigation sprinkler system is expected to experience demand during the upcoming years as it an efficient and effective water management tool. The increase in demand for irrigation sprinkler systems will lead to increase in demand for electric valves. This is expected to drive the electric valve market during the forecast period.
  • The application of electric valves are in water & air based sectors, packing machines, drinking water facilities, oil, petrol, natural gas, food, medicine, sanitary, acid, and many other industries. Consumers use valve-based applications in their day to day life. Thus, it is expected that the demand for electric valves during the forecast period can be attributed to the constant demand for applications where the valve is used.
  • Electric valves have a longer service life compared to other valves. Manufacturers have an opportunity to cater to the rising demand for electric valves because of its benefits and its extensive industrial applications. Thus, the electric valve market is expected to grow during the forecast period. Solenoid valves have shorter operation time compared to electric valves. Electric valves take time to turn on and off. Therefore, solenoid valves might act as a threat to the electric valve market during the forecast period.

Asia Pacific to Hold Major Share of the Global Electric Valve Market

  • In terms of region, the electric valve market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Asia Pacific comprises a number of developing and under-developed countries. Majority or almost all the countries are either agriculture or manufacturing sector- driven. Electric valves have major applications in the agriculture and manufacturing sector. Therefore, it is expected that these countries will have a huge market for electric valves during the forecast period.

Key Players Operating in the Global Electric Valve Market

  • Aira Euro Automation Pvt. Ltd.
  • Alis Valves
  • ASCO Valve Inc.
  • Emerson Electric Co.
  • GSR valve technology GmbH & Co. KG
  • Norgren
  • Parker-Hannifin Corporation
  • Peter Paul Electronics Co. Inc.
  • SAMSON
  • Von Rohr Armaturen AG

Global Electric Valve Market: Research Scope

Global Electric Valve Market, by Type

  • Electric butterfly valve
  • Electric ball valve
  • Electric gate valve
  • Others (Electric globe valve, etc.)

Global Electric Valve Market, by Category

  • Electric regulating valve
  • Fully open motorized shut-off valve
  • Fully closed motorized shut-off valve

Global Electric Valve Market, by Material

  • Brass
  • Nylon
  • Teflon
  • Stainless Steel
  • Hard Plastic
  • Others (Aluminium, PVC, etc.)

Global Electric Valve Market, by Size

  • Below 2 inch
  • 2 inch to 4 inch
  • 4 inch to 6 inch
  • 6 inch to 8 inch
  • Above 8 inch

Global Electric Valve Market, by End-use

  • Automotive Industry
  • Chemical and Petrochemical Industry
  • Food and Beverages Industry
  • Healthcare Industry
  • Oil & Gas Industry
  • Pharmaceuticals Industry
  • Others (Textile Industry, Agriculture Industry, etc.)

Global Electric Valve Market, by Price

  • Low
  • Medium
  • High

Global Electric Valve Market, by Distribution Channel

  • Online
    • E-commerce
    • Company owned websites
  • Offline

Global Electric Valve Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Electric Valve Market

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