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Power & Energy
Valves are devices that are used to control, direct, and regulate the flow and pressure of gases, liquids, and fluidized solids.These valves can be operated electrically, pneumatically, and hydraulically.
This industry research report identifies the increase in number of combined cycle gas turbine (CCGT) power plants to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Coal is the most commonly used fuel for power production. Though coal power plants are preferred over other power plants due to the cost factor, the increasing focus of governments and environmentalists in reducing the emission of greenhouse gases, has resulted in the rise in number of natural gas-based power plants. The increased production of natural gas, the decrease in its prices, and stringent emission norms implemented in several developed countries, will compel the power sector to transition from fossil fuel power generation to CCGT technology that also has benefits such as less emission of CO2, NOx, and SO₂ when compared to coal-powered plants. Since gas turbines use valves in several applications including fuel control, false start drain, intel guide vane actuation, air purge control, and reverse flow prevention, the expected increase in the number of CCGT gas turbines in the coming years, will drive the growth of this market.
Market Analysis and Insights: Global Valves for Power Market
In 2020, the global Valves for Power market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Valves for Power Scope and Market Size
The global Valves for Power market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Valves for Power market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Quarter-Turn Valves
Multi-Turn Valves
Control Valves
Others
Segment by Application
Power Station
Ower Transmission Station
Others
By Company
Curtiss-Wright
Cameron
Emerson Electric
Flowserve
Weir
Alfa Laval
IMI Critical Engineering
KSB
Neway Valve
Valvitalia
Velan
Watts Water Technologies
L&T Valves
GE
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
This industry research report identifies the increase in number of combined cycle gas turbine (CCGT) power plants to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Coal is the most commonly used fuel for power production. Though coal power plants are preferred over other power plants due to the cost factor, the increasing focus of governments and environmentalists in reducing the emission of greenhouse gases, has resulted in the rise in number of natural gas-based power plants. The increased production of natural gas, the decrease in its prices, and stringent emission norms implemented in several developed countries, will compel the power sector to transition from fossil fuel power generation to CCGT technology that also has benefits such as less emission of CO2, NOx, and SO₂ when compared to coal-powered plants. Since gas turbines use valves in several applications including fuel control, false start drain, intel guide vane actuation, air purge control, and reverse flow prevention, the expected increase in the number of CCGT gas turbines in the coming years, will drive the growth of this market.
Market Analysis and Insights: Global Valves for Power Market
In 2020, the global Valves for Power market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Valves for Power Scope and Market Size
The global Valves for Power market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Valves for Power market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Quarter-Turn Valves
Multi-Turn Valves
Control Valves
Others
Segment by Application
Power Station
Ower Transmission Station
Others
By Company
Curtiss-Wright
Cameron
Emerson Electric
Flowserve
Weir
Alfa Laval
IMI Critical Engineering
KSB
Neway Valve
Valvitalia
Velan
Watts Water Technologies
L&T Valves
GE
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
