The article cited AMA's Global Ball Valve Market Study explored significant growth with CAGR of 3.38%. According to the report, Increasing Use of 3d Printers in Manufacturing Line is one of the primary growth factors for the market. Need for Ball Valve Replacement is also expected to contribute significantly to the Ball Valve market. Overall, Oil & Gas applications of Ball Valve, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Ball Valve Market identified that the demand is rising in many different parts of the world due to "Integration of IIoT-Enabled Ball Valves to Avoid Unexpected Downtime ". Furthermore, some recent industry insights like "In December 2018, Metso signed a distributor agreement with Grønbech & Sønner A/S (Denmark) to offer the entire breadth of Metso's valve products and related solutions across Denmark" is constantly making the industry dynamic. One of the challenges that industry facing is "Minimization of Lead Time and The existence of Manufacturers Providing Low-Priced Valves"

The Material Type, such as Stainless Steel, is boosting the Ball Valve market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Ball Valve market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ball Valve market and other related sub-markets covered in the study.

o Key & emerging players in the Ball Valve market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Ball Valve market size is calculated using market estimation process, the Ball Valve market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ball Valve market size has been validated using both top-down and bottom-up approaches.