About Directional Control Valves
A directional control valve is referred to as a valve that is used to start, stop and change in direction of flow of a pressure medium. The global directional control valves market is expected to witness a high growth in the near future owing to growing industrialization across the globe and rising adoption of automation in various industries. While factors like high installation cost and fluctuations in the cost of raw materials can hamper the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global directional control valve market is fragmented in nature owing to the presence of the huge number of players in the market. The players are investing in powerful, state-of-the-art control instrumentations as a result of the demand for technologically advanced products from emerging end-use industries. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Directional Control Valves market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch Rexroth AG (Germany), SMC Corporation (Japan), Festo (Germany), Moog (United States), Eaton Corporation Inc (Ireland), Nachi Hydraulics (United States), Bucher Hydraulics (Germany), Continental Hydraulics (United States), Parker-Hannifin Corporation (United States) and WATTS (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Daikin Industries, Ltd (Japan) and Cross Manufacturing (United States).
Segmentation Overview
AMA Research has segmented the market of Global Directional Control Valves market by Type (Hydraulic Directional Control Valves, Pneumatic Directional Control Valves and Monoblock Directional Control Valves), Application (Automotive, Machinery & Equipment, Power Industry and Other) and Region.
On the basis of geography, the market of Directional Control Valves 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). If we see Market by Functionality, the sub-segment i.e. 2-Way will boost the Directional Control Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Directional Control Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand in Hydraulics Industry
Market Growth Drivers:
Rising Demand From End-Use Industries Such As Water & Wastewater Treatment, Energy & Power Industry, etc. and Adoption of a Directional Control Valve in Automotive Industry for a Vehicle Transmission
Challenges:
Fluctuations in Raw Material Price
Restraints:
High Charges for Installation Process
Opportunities:
Increasing Demand for Wastewater Treatment Industries in Emerging economy and Growth in the Automotive Sector in Developing Countries
Market Leaders and their expansionary development strategies
In February 2020, Clear Lake, MN-based Doering Company has acquired the assets of Metro Hydraulics, a designer and manufacturer of hydraulic valves for agriculture, construction, turf and light industrial markets.The acquisition of Metro provides synergy with Doering’s products and customers
In March 2022, HYDAC, a provider of technology in hydraulics, electronics, and control systems for mobile and industrial markets, recently introduced its new HPK16SE/SF piloted directional control valve.The valve is currently available for size16 cavities. Additional features include a hardened body and spool for maximum service life, innovative damping features to extend service life, and internal leakage of less than 100 cc/min @ 3,000 psi.
Key Target Audience
Manufacturers of Directional Control Valves, Suppliers of Directional Control Valves, Raw Material Suppliers, Wholesalers, Distributors, and Retailers of Directional Control Valves, Governmental Bodies, Research Firms and Potential Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.