A valve is a mechanical component that is used to regulate, direct, or control the flow of a fluid in a system. Valves are operated through manual, hydraulic, or pneumatic processes to open, close, or partially obstruct the fluid channel. Pressure regulators are valves that automatically disconnect the flow of a fluid at a certain desired pressure. Pressure regulator valves are installed on fluid systems to regulate the output fluid pressure. These valves reduce high pressure on the input side to a lower, controlled pressure level on the output side. Effectiveness of pressure regulator valves differs in accordance with the material, fluid, temperature, operating pressure, flow requirements, and dimensions of pressure regulator valves.
The global pressure regulator valves market is primarily driven by increase in the demand for these valves in various end-use industries such as aerospace, oil & gas, and power generation. In the aerospace industry, pressure regulator valves are employed to control propulsion pressure in reaction control systems and altitude control systems. Presence of corrosive fluids, high temperature, and high level of vibrations in airplanes are anticipated to drive the pressure regulator valves market. Growing awareness regarding renewable energy and increase in preference for nuclear power generation are expected to fuel the demand for pressure regulator valves in the near future. Integration of IoT devices and pressure regulator valves is projected to increase productivity and efficiency of fluid systems during the forecast period, thereby creating lucrative growth opportunities for the global pressure regulator valves market.
In terms of product, the pressure regulator valves market can be divided into low pressure regulators, medium pressure regulators, high pressure regulators, and others. High pressure regulators are used for high-end industrial applications with inlet pressures over 1000 psi, whereas low pressure regulators are used for precise control of pressures ranging from 15 to 20 psi.
Based on fluid type, the pressure regulator valves market can be segmented into liquid and gas. The liquid segment accounted for a major share of the global pressure regulator valves market in 2017. Pressure regulator valves can operate on various fluids such as air, fuel, oil, hydraulic fluids, or steam.
In terms of application, the pressure regulator valves market can be divided into compressors & pumps, heaters & boilers, reactors, blowers, and others. Pressure regulator valves are primarily installed in compressors and pumps in processing industries. Pressure regulator valves have wide-ranging domestic and industrial applications, which include home-heating furnaces to regulate natural gas; fuel cells to regulate hydrogen; medical and dental equipment to regulate oxygen and anesthesia gases; gas grills to regulate propane; pneumatic automation systems to regulate compressed air; and engines to regulate fuel.
Based on end-use industry, the pressure regulator valves market can be segregated into oil & gas, chemical & petrochemical, aerospace, water, power generation, and others. The power generation segment constituted a major share of the global pressure regulator valves market in 2017. Increase in the rate of adoption of renewable energy and rise in efforts for capacity expansion are anticipated to boost the demand for pressure regulator valves in the next few years.
In terms of geography, the global pressure regulator valves market can be divided into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific held a major share of the global pressure regulator valves market, due to rapid industrialization in developing economies in the region such as China, Japan, and India. Development of infrastructure in power generation and chemical & petrochemical industries is projected to propel the demand for pressure regulator valves in Asia Pacific in the next few years. North America and Europe are global leaders in food & beverages, pharmaceutical, and plastic processing industries. Presence of large-sized industrial manufacturers and ongoing efforts for capacity expansion in the above-mentioned industries are anticipated to contribute significantly to the overall demand for pressure regulator valves in the near future.
Prominent players operating in the global pressure regulator valves market are Bosch Engineering GmbH, Curtiss-Wright, Eaton, Elster GmbH, Emerson Electric Co., Festo Group, LESER GmbH & Co. KG, Parker Hannifin Corp, Pentair plc, The Weir Group PLC, and Wuzhong Instrument CO., LTD.
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
- 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?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.