+++ Zertifikate Performance-Studie 2021 belegt: 💰 +5,2 % p.a. RENDITE durchschnittlich mit defensiven ZERTIFIKATEN der Raiffeisen Centrobank +++-w-
27.07.2021 19:15

Global Pressure Relief Valves Markets 2021-2027: Smart City, the New Urban Infrastructure Concept, to Fuel Fresh Wave of Growth

Werbung

DUBLIN, July 27, 2021 /PRNewswire/ -- The "Pressure Relief Valves - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

Global Pressure Relief Valves Market to Reach $4.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Pressure Relief Valves estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027.

Spring Loaded, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$2.1 Billion by the end of the analysis period.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pilot Operated segment is readjusted to a revised 3.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $673.3 Million, While China is Forecast to Grow at 4.6% CAGR

The Pressure Relief Valves market in the U.S. is estimated at US$673.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$766.1 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.

Pressure & Temperature Actuated Segment to Record 3.9% CAGR

In the global Pressure & Temperature Actuated segment, USA, Canada, Japan, China and Europe will drive the 3.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$317.9 Million in the year 2020 will reach a projected size of US$406 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$731.7 Million by the year 2027, while Latin America will expand at a 4.4% CAGR through the analysis period.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • COVID-19 Outbreak Poised to Dent Market Prospects in the Immediate Term
  • Prevailing Weak Global Economic Environment & Negative Tide in GDP Forecasts Discourage the Pressure Relief Valves Market in Short Term
  • As One of the Most Closely Watched Economic Indicators, the PMI Growth Movement Keeps the Industry on the Edge With Anxious Anticipation
  • Established Use Case Across Diverse Sectors to Renew Market Demand in Post COVID-19 Period
  • An Introduction to Pressure Relief Valve
  • Evolution of PRVs
  • Key Components of Pressure Relief Valve
  • Parameters to Consider for Selecting PRVs
  • Identifying Failure of Pressure Relief Valves
  • Select Technical Terms Associated with PRV Operation
  • Standards and Codes for Pressure Relief Valves
  • Pressure Relief Valves (PRV) vs. Pressure Safety Valves (PSV)
  • Product Types of Pressure Relief Valves
  • PRV Types by Set Pressure
  • Key End-Uses of PRVs
  • Pressure Relief Valves: Global Market Overview and Outlook
  • Spring Loaded PRVs: Largest Product Segment
  • Competition
  • Recent Market Activity
  • Select Global Brands

2. FOCUS ON SELECT PLAYERS (Total 82 Featured) 

  • Alfa Laval AB
  • Apollo Valves
  • Baker Hughes Company
  • Curtiss-Wright Corporation
  • Emerson Electric Co.
  • Flow Safe, Inc.
  • Forbes Marshall
  • Goetze KG Armaturen
  • IMI plc
  • LESER GmbH and Co. KG.
  • Pentair plc
  • The Weir Group PLC
  • Velan, Inc.

3. MARKET TRENDS & DRIVERS

  • Thrust Towards Digitalization and Automation across Industries Augurs Well for Long-Term Growth
  • Rise of Industry 4.0 & Smart Factory Mandates Technology Adjustments to Pressure Relief Valve Technology
  • IIoT to Stir Adoption of Pressure Relief Valve Digitalization
  • Despite the Current Depressive Scenario, Oil & Gas Sector to Remain Dominant End-Use Sector
  • Relevance in Power Industry
  • Sustained Opportunities in Nuclear Power Sector
  • Widespread Use in Chemicals Industry
  • Water & Wastewater Industry: Infrastructure Development Drives Demand
  • Pulp & Paper Industry: Unique Needs of Mills Set Demand Trends
  • Urban Sprawl Extends Broad-based Opportunities
  • Smart City, the New Urban Infrastructure Concept, to Fuel Fresh Wave of Growth
  • Technology Innovations & Advancements
  • Technology Improvements Augment Product Design & Efficiency
  • Cartridge Valves: A Key Development in Pressure Relief Valve Segment
  • Regulations, Codes and Standards
  • Issues & Challenges

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

  • United States: Major Market for Pressure Relief Valve
  • Investments in Pipeline Infrastructure Development to Rev Up Long Term Demand

CANADA

  • Market Overview
  • Pipeline Programs Favor Growth

JAPAN

CHINA

  • China: Major Consumer of Pressure Relief Valves
  • Oil & Gas Sector to Emerge as New Growth Vertical
  • Competitive Scenario in the Chinese Industrial valves Market

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

  • Opportunities in the Oil & Gas Sector

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

  • South Africa: A Prominent Consumer of Pressure Relief Valves

IV. COMPETITION

  • Total Companies Profiled: 82

For more information about this report visit https://www.researchandmarkets.com/r/pwbl8m

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Cision View original content:https://www.prnewswire.com/news-releases/global-pressure-relief-valves-markets-2021-2027-smart-city-the-new-urban-infrastructure-concept-to-fuel-fresh-wave-of-growth-301342121.html

SOURCE Research and Markets

Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

DAX geht unter 15.500 Punkten ins Wochenende -- Kaufempfehlung für Vitesco-Aktie -- Cerberus: Interesse an Commerzbank-Staatsanteil -- Vonovia, Deutsche Wohnen, Biotest, Merck & Co im Fokus

Weiter verschärft: Daimler Truck leidet unter Halbleiter-Engpässen. Tesla-Chef Musk kommt zum Tag der offenen Tür nach Deutschland. Deutsche Bank-Aktie: Sewing entschuldigt sich für scharfe Kritik in Analysten-Studie. HOCHTIEF-Tochter CIMIC erhält Auftrag für Western Sydney Airport. Stimmung der US-Verbraucher hellt sich im September auf. E.ON-Chef setzt auf Netze als Treiber der Energiewende.

Die 5 beliebtesten Top-Rankings

Diese Jobs werden künftig Roboter übernehmen
Billiger als der Mensch.
Bei diesen Unternehmen gibt es in Deutschland das höchste Gehalt
Bei diesen Unternehmen gibt es in Deutschland das höchste Gehalt
Rohstoffe: Die Gewinner und Verlierer im August 2021
Welcher Rohstoff macht das Rennen?
Die 30 weltgrößten Unternehmen
Es gibt hunderte milliardenschwere Unternehmen. Die Top 30.
Jobs mit Zukunft und hohem Gehalt
Hier wird man auch künftig noch gut bezahlt
mehr Top Rankings

Umfrage

Wenn morgen Bundestagswahl wäre, wen würden Sie wählen?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln