Report Details-
Global Hybrid Valve Market, By Material (Steel, Tungsten Carbide, Duplex Nickel, Titanium, Alloy, Others), Valve Size (Up to 1”, 1”–6”, 6’’–25’’, 25’’ to 50’’, 50’’ & Larger), Industry (Oil & Gas, Energy & Power, Water & Wastewater, Building & Construction, Chemicals, Pharmaceuticals, Agriculture, Metal & Mining, Paper & Pulp, Food & Beverages, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Hybrid Valve Market
The hybrid valve market is expected to witness market growth at a rate of 6.5% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 1.69 billion by 2028. Data Bridge Market Research report on hybrid valve market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use of product in various industries globally is escalating the growth of hybrid valve market.
The hybrid valves refer to the mechanically and electrically operating valves for smooth flow solutions. These valves are used for smooth flow of liquid for enhancing efficiency of metering pumps. These valves are operated electrically and manually that ensure extra facility and reliability with the use of hybrid technology. They are mostly installed in chemical plants and petrochemical refineries.
The rise in demand for energy & power generation, especially in developing regions acts as one of the major factors driving the growth of hybrid valve market. The increase in need for controlling excessive noise, vibration, pressure, and cavitation in critical processes, and surge in the oil & gas production rising demand for hybrid valves in Gcc countries accelerate the market growth. The high demand for hybrid valve made of steel/alloy/carbide materials owning to the corrosion problems in the oil & gas industry and rise in need for wireless/remote infrastructure to monitor equipment in various plants along with an high focus on technology advancements further influence the market. Additionally, increase in investments, networking capability to work alongside sophisticated monitoring technology, and increase in chemicals used by the consumers positively affect the hybrid valve market. Furthermore, use of 3D printers in valve manufacturing and increase in the number of refineries and petrochemical & chemical plants extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
Global Hybrid Valve Market Scope and Market Size
The hybrid valve market is segmented on the basis of material, valve size and industry. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of material, the hybrid valve market is segmented into steel, tungsten carbide, duplex nickel, titanium, alloy and others.
On the basis of valve size, the hybrid valve market is segmented into p to 1”, 1”–6”, 6’’–25’’, 25’’ to 50’’, and 50’’ & larger.
On the basis of industry, the hybrid valve market is segmented into oil & gas, energy & power, water & wastewater, building & construction, chemicals, pharmaceuticals, agriculture, metal & mining, paper & pulp, food & beverages and others.
Hybrid Valve Market Country Level Analysis
The hybrid valve market is segmented on the basis of material, valve size and industry.
The countries covered in the global hybrid valve market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the hybrid valve market due to the availability of natural gas and expanding power generation infrastructure in the United States. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rapid urbanization in developing economies, such as China and India.
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Competitive Landscape and Hybrid Valve Market Share Analysis
The hybrid valve market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hybrid valve market.
The major players covered in the hybrid valve market report are
Ø Emerson Electric Co.,
Ø IMI Plc.,
Ø Trillium Flow Technologies,
Ø Chemtrols EMET Private Limited.,
Ø Dymet Alloys,
Ø Carter Process Control GmbH,
Ø Penn United Technologies, Inc.
Ø MASCOT,
Ø Automat Industries Ltd.,
Ø Flowserve Corporation,
Ø L&T Valves Limited,
Ø BLACOH Fluid Controls, Inc.,
Ø Circor International Inc.,
Ø KOSO INDIA, and
Ø Wuxi Smart Auto-Control Engineering Co. LTD.,
among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Hybrid Valve Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE GLOBAL HYBRID VALVE MARKET
7 GLOBAL HYBRID VALVE MARKET, BY INDUSTRY TYPE
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