What is Compressor Valve Market?
Compressor valves are valves which are used within a compressor allowing gas flow to and from the cylinder area. These are circular and consist of a series of plates or rings sandwiched between the valve seat and cover. When a pressure difference occurs, the rings or plates are pulled toward the area of greater pressure and use springs to return to their closed position when pressure normalises. Moreover, the AC Compressor Valve is a critical component of the air conditioning systems, as it maintains the pressure balance inside the cylinder. It also enables smooth functioning of the compressor and consequent uniform flow of the refrigerant.
The market study is being classified by Type (Disc AC Compressor Valve, Ring AC Compressor Valve, Plate AC Compressor Valve and Reed AC Compressor Valve), by Application (Residential, Commercial, Industrial and Automotive) and major geographies with country level break-up.
HOERBIGE (Switzerland), Cook Compression (United States), Burckhardt Compression (Switzerland), CPI (United States), H&S Valve Compressor (United States), Dresser-Rand (United States), CECO (United States), Cozzani (Italy), KB Delta (United States) and Associated Spring (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are GoetzeKG (Germany) and Zhejiang Zheou Pneumatic (China).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Compressor Valve market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Compressor Valve market by Type, Application and Region.
On the basis of geography, the market of Compressor Valve has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Consumption of Oil and Gas
Market Trend
- Increasing Demand for AC Compressor Valve Owing to Increasing Need for Cooling System
Opportunities
- Growth in Sectors Such as Ships, Oil & Gas, Metallurgy
- Increase in Technological Innovations is Boosting the Market
Challenges
- Strong Competition Due to the Presence of Local Manufacturers
On June 2019, DFT Inc. has announced the launch of new MSV-100 Control Valve. It is Designed for use in medium service gas, liquid or steam flanges applications. Also, it has a straight-thru Venturi Design that provides rugged reliability and can handle high-pressure drops.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others