Motorized Control Valves Market 4.40% CAGR Growing by 2021 Driven by Augmented Investments to Improve the Efficiency of Industrial Facilities

PUNE, India, May 17, 2017 /PRNewswire-iReach/ -- Global Motorized Control Valves Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global motorized control valves market for 2017-2021. To calculate the market size, the report considers the new installations, retrofits, replacement of spares and aftermarket services market.

Complete report on motorized control valves market spread across 70 pages, analyzing 4 major companies and providing 35 data exhibits is now available at http://www.reportsnreports.com/reports/994444-global-motorized-control-valves-market-2017-2021.html.

The latest trend gaining momentum in the motorized control valves market is increasing use of simulation software. In the current scenario of reducing operational expenses, vendors are continuously focusing on minimizing the time and cost involved in product development. Simulation software aids in virtual prototyping of new designs without any additional expense to the vendors. This process has enhanced the delivery of exact customization requirements to end-user sectors without any additional prototyping expenses. Overall, the implementation of simulation software in product development and testing phase will also decrease the overall product development time, thereby decreasing the operational expense for the vendors.

The following companies as the key players in the global motorized control valves market: Danfoss, Emerson Electric, Cair Euromatic Automation, and Pentair. Other prominent vendors in the market are: Belimo, Hitachi, Marsh Automation, Avcon Controls, Honeywell, BI-TORQ Valve Automation, Schubert & Salzer, Hansen Technologies, Rotork, Flowserve, and A.u.K. Müller GmbH. Order a copy of Global Motorized Control Valves Market 2017-2021 report @http://www.reportsnreports.com/purchase.aspx?name=994444.

The motorized control valves market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

According to the motorized control valves market report, one of the major drivers for this market is augmented investments to improve the efficiency of industrial facilities. There has been increased investments and developments in industrial facilities to improve the efficiency of plants. This has led to replacements of existing valves and actuators within industrial facilities. Industrial facilities in APAC, especially in countries such as China and India are modernizing their establishments to improve efficiency. Manufacturers are increasingly becoming aware of how implementing automation within their plants will help them in increasing productivity and reducing downtime. Rising applications of fluid flow regulation and control will lead to the deployment of motorized control valves in various industries. The modernization of industrial facilities across the globe will drive the growth of the global motorized control valves market.

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Further, the motorized control valves market report states that one of the major factors hindering the growth of this market is fluctuating raw material prices. Major raw materials used in the manufacturing of motorized control valves are stainless steel, cast iron, brass, bronze, and aluminum. These materials are suitable to manufacture motorized control valves as they offer high ruggedness and are preferred for most of the end-user applications. The prices of these materials depend on the availability, inflation, and production. Vendors of motorized control valves are trying to overcome price fluctuations as these affect the cost of production the most. The prominent and established vendors of these products are trying to strike long-term contracts with suppliers. This will help them in overcoming the fluctuating raw material prices. However, this strategy is not feasible for all the vendors as, it is expensive and there is a significant risk of failure in doing so.

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