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Valve Remote Control System Market - Global Industry Analysis

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

Published Date: 21-Jun-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-4240 Status : Published

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.

Description

The report covers a forecast and an analysis of the valve remote control system market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on both volume (K Units) and revenue (USD Billion). The complete study covers the key drivers and restraints of the valve remote control system market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the valve remote control system market on a global level.

In order to offer the users of this report, a comprehensive read of the valve remote control system market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the valve remote control system market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.

Global Valve Remote Control System Market

The study also includes the market share of the key participant’s operating in the valve remote control system market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.

The study provides a crucial view of the valve remote control system market by segmenting it based on type, valve type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

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.

This report segments the global valve remote control system market into:

Global Valve Remote Control System Market: Type Analysis

  • Pneumatic
  • Electric
  • Hydraulic
  • Electro-Hydraulic

Global Valve Remote Control System Market: Valve Type Analysis

  • Ball Valve
  • Diaphragm Valve
  • Butterfly Valve
  • Globe Valve
  • Gate Valve
  • Plug Valve
  • Check Valve
  • Safety Valve

Global Valve Remote Control System Market: Application Analysis

  • Marine
  • Offshore
  • Others

Global Valve Remote Control System Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Valve Remote Control System Market, 2016-2025 (K Units) (USD Billion)
    • 2.2. Valve Remote Control System: Market Snapshot
  •  
  • Chapter 3. Valve Remote Control System Market: Industry Analysis
    • 3.1. Valve Remote Control System: Market Dynamics
      • 3.1.1. Introduction
      • 3.1.2. Classification of Valve Remote Control System market
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
    • 3.4. Restraints
    • 3.5. Opportunity
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market Attractiveness Analysis by Type
      • 3.7.2. Market Attractiveness Analysis by Valve Type
      • 3.7.3. Market Attractiveness Analysis by Application
      • 3.7.4. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Valve Remote Control System Market: Value Chain Analysis
    • 4.1. Valve Remote Control System: Value Chain Analysis
    • 4.2. Valve Remote Control System Market Raw Material Analysis
      • 4.2.1. List of Raw Materials
      • 4.2.2. Valve Remote Control System Market Raw Material Manufacturers List
      • 4.2.3. Price Trends of Valve Remote Control System Market Key Raw Materials
    • 4.3. List of Potential Buyers
    • 4.4. Marketing Channel
      • 4.4.1. Direct Marketing
      • 4.4.2. Indirect Marketing
      • 4.4.3. Marketing Channel Development Trend
  •  
  • Chapter 5. Global Valve Remote Control System Market: Competitive Landscape
    • 5.1. Company Market Share Analysis
      • 5.1.1. Global Valve Remote Control System Market: Company Market Share, 2018
    • 5.2. Strategic Development
      • 5.2.1. Acquisitions & Mergers
      • 5.2.2. New Product Launch
      • 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 5.2.4. Research and Development and Regional Expansion
    • 5.3. Type Portfolio
  •  
  • Chapter 6. Global Valve Remote Control System Market: Type Overview
    • 6.1. Global Valve Remote Control System Market Share, by Type, 2018 and 2025
    • 6.2. Pneumatic
      • 6.2.1. Overview
      • 6.2.2. Global Valve Remote Control System Market by Pneumatic, 2016-2025 (K Units) (USD Billion)
    • 6.3. Electric
      • 6.3.1. Overview
      • 6.3.2. Global Valve Remote Control System Market by Electric, 2016-2025 (K Units) (USD Billion)
    • 6.4. Hydraulic
      • 6.4.1. Overview
      • 6.4.2. Global Valve Remote Control System Market by Hydraulic, 2016-2025 (K Units) (USD Billion)
    • 6.5. Electro-Hydraulic
      • 6.5.1. Overview
      • 6.5.2. Global Valve Remote Control System Market by Electro-Hydraulic, 2016-2025 (K Units) (USD Billion)
  •  
  • Chapter 7. Global Valve Remote Control System Market: Valve Type Overview
    • 7.1. Global Valve Remote Control System Market Share, by Valve Type, 2018 and 2025
    • 7.2. Ball Valve
      • 7.2.1. Overview
      • 7.2.2. Global Valve Remote Control System Market by Ball Valve, 2016-2025 (K Units) (USD Billion)
    • 7.3. Diaphragm Valve
      • 7.3.1. Overview
      • 7.3.2. Global Valve Remote Control System Market by Diaphragm Valve, 2016-2025 (K Units) (USD Billion)
    • 7.4. Distribution Transformers
      • 7.4.1. Overview
      • 7.4.2. Global Valve Remote Control System Market by Distribution Transformers, 2016-2025 (K Units) (USD Billion)
    • 7.5. Globe Valve
      • 7.5.1. Overview
      • 7.5.2. Global Valve Remote Control System Market by Globe Valve, 2016-2025 (K Units) (USD Billion)
    • 7.6. Gate Valve
      • 7.6.1. Overview
      • 7.6.2. Global Valve Remote Control System Market by Gate Valve, 2016-2025 (K Units) (USD Billion)
    • 7.7. Plug Valve
      • 7.7.1. Overview
      • 7.7.2. Global Valve Remote Control System Market by Plug Valve, 2016-2025 (K Units) (USD Billion)
    • 7.8. Check Valve
      • 7.8.1. Overview
      • 7.8.2. Global Valve Remote Control System Market by Check Valve, 2016-2025 (K Units) (USD Billion)
    • 7.9. Safety Valve
      • 7.9.1. Overview
      • 7.9.2. Global Valve Remote Control System Market by Safety Valve, 2016-2025 (K Units) (USD Billion)
  •  
  • Chapter 8. Global Valve Remote Control System Market: Application Overview
    • 8.1. Global Valve Remote Control System Market Share, by Application, 2018 and 2025
    • 8.2. Marine
      • 8.2.1. Overview
      • 8.2.2. Global Valve Remote Control System Market for Marine, 2016-2025 (K Units) (USD Billion)
    • 8.3. Offshore
      • 8.3.1. Overview
      • 8.3.2. Global Valve Remote Control System Market for Offshore, 2016-2025 (K Units) (USD Billion)
    • 8.4. Others
      • 8.4.1. Overview
      • 8.4.2. Global Valve Remote Control System Market for Others, 2016-2025 (K Units) (USD Billion)
  •  
  • Chapter 9. Global Valve Remote Control System Market: Regional Analysis
    • 9.1. Global Valve Remote Control System Market: Regional overview
      • 9.1.1. Global Valve Remote Control System Market Share, by Region, 2015 and 2025
    • 9.2. North America
      • 9.2.1. Overview
      • 9.2.2. North America Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
      • 9.2.3. North America Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.2.4. North America Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
      • 9.2.5. North America Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
      • 9.2.6. North America Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
      • 9.2.7. North America Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.8. The U.S.
        • 9.2.8.1. The U.S. Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.2.8.2. The U.S. Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.2.8.3. The U.S. Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.2.8.4. The U.S. Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.2.8.5. The U.S. Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.2.8.6. The U.S. Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.9. Rest of North America
        • 9.2.9.1. Rest of North America Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.2.9.2. Rest of North America Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.2.9.3. Rest of North America Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.2.9.4. Rest of North America Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.2.9.5. Rest of North America Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.2.9.6. Rest of North America Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Overview
      • 9.3.2. Europe Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
      • 9.3.3. Europe Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.3.4. Europe Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
      • 9.3.5. Europe Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
      • 9.3.6. Europe Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
      • 9.3.7. Europe Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.8. UK
        • 9.3.8.1. UK Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.8.2. UK Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.8.3. UK Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.3.8.4. UK Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.3.8.5. UK Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.3.8.6. UK Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.9. France
        • 9.3.9.1. France Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.9.2. France Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.9.3. France Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.3.9.4. France Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.3.9.5. France Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.3.9.6. France Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.10. Germany
        • 9.3.10.1. Germany Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.10.2. Germany Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.10.3. Germany Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.3.10.4. Germany Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.3.10.5. Germany Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.3.10.6. Germany Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.11. Rest of Europe
        • 9.3.11.1. Rest of Europe Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.11.2. Rest of Europe Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.11.3. Rest of Europe Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.3.11.4. Rest of Europe Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.3.11.5. Rest of Europe Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.3.11.6. Rest of Europe Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Overview
      • 9.4.2. Asia Pacific Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
      • 9.4.3. Asia Pacific Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.4. Asia Pacific Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
      • 9.4.5. Asia Pacific Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
      • 9.4.6. Asia Pacific Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
      • 9.4.7. Asia Pacific Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.8. China
        • 9.4.8.1. China Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.8.2. China Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.8.3. China Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.4.8.4. China Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.4.8.5. China Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.4.8.6. China Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.9. Japan
        • 9.4.9.1. Japan Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.9.2. Japan Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.9.3. Japan Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.4.9.4. Japan Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.4.9.5. Japan Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.4.9.6. Japan Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.10. India
        • 9.4.10.1. India Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.10.2. India Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.10.3. India Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.4.10.4. India Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.4.10.5. India Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.4.10.6. India Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.11. Rest of Asia Pacific
        • 9.4.11.1. Rest of Asia Pacific Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.11.2. Rest of Asia Pacific Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.11.3. Rest of Asia Pacific Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.4.11.4. Rest of Asia Pacific Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.4.11.5. Rest of Asia Pacific Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.4.11.6. Rest of Asia Pacific Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
      • 9.5.2. Latin America Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.5.3. Latin America Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
      • 9.5.4. Latin America Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
      • 9.5.5. Latin America Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
      • 9.5.6. Latin America Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.7. Brazil
        • 9.5.7.1. Brazil Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.5.7.2. Brazil Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.5.7.3. Brazil Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.5.7.4. Brazil Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.5.7.5. Brazil Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.5.7.6. Brazil Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.8. Rest of Latin America
        • 9.5.8.1. Rest of Latin America Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
        • 9.5.8.2. Rest of Latin America Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.5.8.3. Rest of Latin America Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
        • 9.5.8.4. Rest of Latin America Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
        • 9.5.8.5. Rest of Latin America Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
        • 9.5.8.6. Rest of Latin America Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Valve Remote Control System Market Volume, by Type, 2016-2025 (K Units)
      • 9.6.2. The Middle East and Africa Valve Remote Control System Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.6.3. The Middle East and Africa Valve Remote Control System Market Volume, by Valve Type, 2016-2025 (K Units)
      • 9.6.4. The Middle East and Africa Valve Remote Control System Market Revenue, by Valve Type, 2016-2025 (USD Billion)
      • 9.6.5. The Middle East and Africa Valve Remote Control System Market Volume, By Application, 2016-2025 (K Units)
      • 9.6.6. The Middle East and Africa Valve Remote Control System Market Revenue, by Application, 2016-2025 (USD Billion)
  •  
  • Chapter 10. Company Profiles
    • 10.1. Emerson Electric
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Rotork
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. KSB Korea
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Wärtsilä
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. Nordic Group
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. DanUni Marine & Offshore
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Honeywell
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. Cyclotech
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. Nakakita Seisakusho
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments
    • 10.10. Selma
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product Portfolio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Developments
    • 10.11. Greatec Marine
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Product Portfolio
      • 10.11.4. Business Strategy
      • 10.11.5. Recent Developments

Methodology

Free 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.

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