Valve Remote Control System Market by Type (Pneumatic, Electric, Hydraulic, and Electro-Hydraulic), by Valve Type (Ball Valve, Diaphragm Valve, Butterfly Valve, Globe Valve, Gate Valve, Plug Valve, Check Valve, and Safety Valve), and by Application (Marine, Offshore, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global valve remote control system market expected to reach USD 8.89 billion by 2025, at a CAGR of 4.8% between 2019 and 2025. Valve remote control systems are key systems that remotely control positioned valve actuators via open and close operation processes.

21-Jun-2019 | Number of pages: 110 | Report Code: ZMR-4240 | Report Format : | Status : Published

Analysis

Valve remote control systems are key systems that remotely control positioned valve actuators via open and close operation processes. These devices are used across various industries for valve management in piping, marine, oil and gas, and other industrial applications.

The global valve remote control system market is likely to experience significant growth over the upcoming years, owing to the rising implementation of automation across various end-use industries. The constant developments witnessed in manufacturing and oil and gas industries are also expected to fuel the global valve remote control system market over the forecast time period. Rapid urbanization, predictive maintenance, and enhanced operation productivities are likely further to propel the global valve remote control system development in the years to come. However, huge initial investments for valve remote control systems installation may limit the valve remote control system market globally. Alternatively, the rising number of refineries and petrochemical plants in developing countries is projected to offer additional growth opportunities to the major market players.

Global Valve Remote Control System Market

The global valve remote control system market is categorized into type, valve type, and application. On the basis of type, the global valve remote control system market is segmented into pneumatic, electric, hydraulic, and electro-hydraulic. In 2018, the pneumatic segment showed the fastest growth and held a significant market share. Based on valve type, the global valve remote control system market includes ball valve, diaphragm valve, butterfly valve, globe valve, gate valve, plug valve, check valve, and safety valve. The butterfly valve segment held a major share of the global market in 2018. The application segment of the global valve remote control system market includes marine, offshore, and others. In 2018, the offshore segment dominated the global valve remote control system market. 

In 2018, the Middle East and Africa dominated the market for valve remote control system globally. This growth was mainly attributed to rising oil production and the growing crude oil export activities across the region. Moreover, the Asia Pacific is anticipated to register the highest CAGR in the global valve remote control system market over the next few years, owing to the rising urbanization and swift industrialization across the region. India and China are rapidly growing markets for valve remote control system in the Asia Pacific.

The major players of the global valve remote control system market are Emerson Electric, Rotork, KSB Korea, Wärtsilä, Nordic Group, DanUni Marine & Offshore, Honeywell, Cyclotech, Nakakita Seisakusho, Selma, and Greatec Marine.


Related Reports

Wireless Headphones Market - By Feature (Smart and Non-Smart), Type (In-Ear, On-Ear, and Over-Ear), By End Use (Fitness & Sports, Entertainment, and Gaming), Price Range (Low, Moderate, and Premium), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jul-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5354 | Report Format:

The global Wireless Headphones market, which is likely to amass revenue worth nearly 42.10 (USD Billion) by 2026, will register a CAGR of nearly 21% during the period from 2020 to 2026. The report offers assessment and analysis of the Wireless Headphones market on a global and regional level. The ...Read More

Quantum Dots (QD) Market - By Type (II-VI-Semiconductors, III-V-Semiconductors, and Silicon), By Application (Medicine, Optoelectronics & Optical Components, Alternative Energy, Agriculture, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5353 | Report Format:

The global Quantum Dots (QD) market accrued earnings worth 865 (USD Million) in 2019 and is set to record a CAGR of about 62.4% over the period from 2020 to 2026. The report offers assessment and analysis of the Quantum Dots (QD) market on a global and regional level. The study offers a comprehens...Read More

Coin Operated Laundry Machines Market - by Type (Coin Operated Washers, Coin Operated Dryers), by Application (Hotel, Laundry Home, Hospital, School Apartments, Others), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5352 | Report Format:

This report analyzes and estimates the Coin Operated Laundry Machines market at global, regional, and country level. Assessment of the global coin operated machines analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level fro...Read More

Passive Optical Network Market, by Structure (GPON, EPON, WDM-PON), by Component (ONT, OLT), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019– 2026

Mar-2020 | Price : $ 4199.00 | Pages: 144 | Report Code: ZMR-5343 | Report Format:

This report analyzes and estimates the passive optical network market at global, regional, and country level. Assessment of the global passive optical network analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2019...Read More

Metal Fabrication Equipment Market, by Equipment Type (Machining, Cutting, Forming, Welding, and Others), by Application (Residential, Commercial, and Industrial), by End-User (Oil & Gas, Automotive & Aviation, Power Plants, Chemicals & Mining, Construction, and Others) by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Mar-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5342 | Report Format:

This report analyzes and estimates the metal fabrication equipment market at global, regional, and country level. Assessment of the global doctor blade analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2020 to 202...Read More

Request Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.