Steam Valves Comprehensive Study by Type (Pneumatic Steam Valve, Electric Steam Valve, Self-operated Steam Valve), Application (Oil & Gas, Power Industry, Steel Industry, Food & Beverage, Other), Distribution channel (Online Sale, Offline Sale) Players and Region - Global Market Outlook to 2026

Steam Valves Market by XX Submarkets | Forecast Years 2022-2027

Summary
Market Segments
Table of Content
List of Table & Figures
Players Profiled

Global Steam Valves Market Overview:

Extensive use of steam valves for various applications such as in oil & gas and power industries are driving the Global Steam Valves market. Steam Valves are used in steam system to adjust or switch steam flow, filter impurity in steam, prevent steam backflow, etc. Steam valves include different valves like steam trap valves, steam plunger valves, steam reducing valves, safety valves, etc. The valve contains actuators which are automated mechanical devices capable of adjusting the position of various types of valves. The commonly used steam valves are ball valves, butterfly valves, globe valves gate or knife valves, diaphragm valves. All these types of steam valves control steam flow, special service conditions exist with steam regarding temperature and pressure. Some of the players profiled in the study are Emerson IN (United States), Pentair plc (United States), The Flowserve Corporation (United States), Spirax Sarco Ltd. (United Kingdom), Armstrong International Inc. (United States), Crane Company (United States), KSB Group (Germany), Kitz Corporation (Japan), Velan, Inc. (Canada), Metso Corporation (Finland), Circor International, Inc. (United States), Cameron Schlumberger Ltd. (United States), TLV Co., Ltd. (Japan), Yoshitake Inc. (Japan) and Zhejiang Lonze Valve Co.Ltd. (China).

On the basis of geography, the market of Steam 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). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution channel, the sub-segment i.e. Online Sale will boost the Steam Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Market Growth Drivers

The increasing use of steam valves by national zoos and parks worldwide
Growing number of oil & gas exploration in Middle East Countries, China, North America
High investment from the Government in pipeline infrastructure development primarily in the Oil & Gas sector.

Influencing Trend

Introduction of the Internet of things (IoT) in enabled valve and solutions by big market players like Emerson Company and Metso Corporation.

Restraints

Strict Government regulations and the huge initial investment on installation of steam valves may obstruct the growth of the market.

Opportunities

Need for valve replacement on a yearly basis
Exploration in Oil & Gas industry is providing an opportunity for the market players.

Challenges

The challenge faced by the market is frequent boiler shutdowns from low-water level, damaged steam pipes and valves due to water hammer, vibration, corrosion, erosion, reduced capacity of steam heaters, and overloaded steam traps.

In September 2018, Spirax Sarco Ltd. Company launched wireless steam trap monitoring system to maximize safety, efficiency and productivity. Wireless steam trap monitoring systems, such as Spirax Total Acoustic Performance Solutions (STAPS), complement an existing steam trap programme by providing real-time data on trap performance and condition, a sure-fire way to lower costs, boost productivity and use the resource more strategically.

The market appears to be fragmented with manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The companies are collaborating with each other to improve the productivity and performance of steam valves. For instance, In 2017, Emerson announced that it has completed the purchase of the Valves & Controls business from Pentair plc. This acquisition enables the companies to continue to grow their global footprint in the field of power, oil & gas etc. and expand the leadership position in key served markets such as Global Steam Valves.

Target Audience:

Steam Valves Manufacturers, Steam Valves Distributors/Traders/Wholesalers, Steam Valves Subcomponent Manufacturers, Industry Association and Downstream Vendors

Major Objectives Focused through this Study

• To define, describe, and forecast the Global Steam Valves market on the basis of product [Pneumatic Steam Valve, Electric Steam Valve and Self-operated Steam Valve] , application [Oil & Gas, Power Industry, Steel Industry, Food & Beverage and Other], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Steam Valves market with respect to major geographies, namely, 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)
• To strategically profile the key players and analyzing their market shares and core competencies in the Steam Valves industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market

Available Customization:

Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Richards Industries (United States), Watson McDaniel (United States), Beijing Valve General Factory Co. Ltd. (China), Hongfeng Mechanical Equipment Manufactory (China) and Yingqiao Machinery (Group) Co.Ltd.(China).
** Confirmation on availability of data would be informed prior purchase

While framing the research framework, major and emerging players operating in the Steam Valves market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.

Market Segments

Report Objectives / Segmentation Covered

By Type

Pneumatic Steam Valve
Electric Steam Valve
Self-operated Steam Valve

By Application

Oil & Gas
Power Industry
Steel Industry
Food & Beverage
Other

By Distribution channel

Online Sale
Offline Sale

By Regions

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

Table of Content

List of Tables & Figures

List of Tables

Table 1. Company Basic Information, Sales Area and Its Competitors
Table 2. Company Basic Information, Sales Area and Its Competitors
Table 3. Company Basic Information, Sales Area and Its Competitors
Table 4. Company Basic Information, Sales Area and Its Competitors
Table 5. Company Basic Information, Sales Area and Its Competitors
Table 6. Company Basic Information, Sales Area and Its Competitors
Table 7. Company Basic Information, Sales Area and Its Competitors
Table 8. Company Basic Information, Sales Area and Its Competitors
Table 9. Company Basic Information, Sales Area and Its Competitors
Table 10. Company Basic Information, Sales Area and Its Competitors
Table 11. Company Basic Information, Sales Area and Its Competitors
Table 12. Company Basic Information, Sales Area and Its Competitors
Table 13. Company Basic Information, Sales Area and Its Competitors
Table 14. Company Basic Information, Sales Area and Its Competitors
Table 15. Company Basic Information, Sales Area and Its Competitors
Table 16. Research Programs/Design for This Report
Table 17. Key Data Information from Secondary Sources
Table 18. Key Data Information from Primary Sources

List of Figures

Companies Mentioned

List of companies from research coverage that are profiled in the study

Emerson IN (United States)
Pentair plc (United States)
The Flowserve Corporation (United States)
Spirax Sarco Ltd. (United Kingdom)
Armstrong International Inc. (United States)
Crane Company (United States)
KSB Group (Germany)
Kitz Corporation (Japan)
Velan, Inc. (Canada)
Metso Corporation (Finland)
Circor International, Inc. (United States)
Cameron Schlumberger Ltd. (United States)
TLV Co., Ltd. (Japan)
Yoshitake Inc. (Japan)
Zhejiang Lonze Valve Co.Ltd. (China)

Additional players considered in the study are as follows:

Richards Industries (United States) , Watson McDaniel (United States) , Beijing Valve General Factory Co. Ltd. (China) , Hongfeng Mechanical Equipment Manufactory (China) , Yingqiao Machinery (Group) Co.Ltd.(China)

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Key Highlights of Report

Jun 2021 213 Pages 52 Tables Base Year: 2021 Coverage: 15+ Companies; 18 Countries

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Global Steam Valves Market Quantitative research analysis

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