About Valve Controller
A valve controller is used to keep the regulated process variable as close to the desired set point as feasible, as well as to adjust for load disturbances by regulating the flow of gases, fluids, water, steam, and other substances. They are the most significant aspect of any process control loop since they help to improve the overall performance of the process by increasing productivity and dependability. As a result, sectors like food and beverage, water and wastewater treatment, oil and gas, energy and electricity, pharmaceutical and healthcare, metals and mining, pulp and paper, building and construction, and others use them. The increasing demand from end-user industries such as oil and gas, energy and electricity, and water and wastewater treatment is one of the primary reasons driving the valve controller market expansion. Other factors driving market growth include the necessity for valve replacement and the usage of smart valves as a result of the advent of IoT and Industry 4.0. Furthermore, the growing global need for power and energy, as well as the high-temperature, high-pressure, and unfavorable corrosion conditions that refineries and industrial plants encounter, will propel the industry forward.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.6% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. 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.
Emerson (United States), Metso (Finland), CIRCOR (United States), ABB (Switzerland), Schneider electric (France), Flowserve Corporation (United States), SMC Corporation (Japan), Azbil (Japan), Baker Hughes (United States), Rotork (United Kingdom) and Siemens (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are KSB (Germany), KZ Valve (United States), Gefran S.P.A (Italy) and Enovation Controls (United States).
Segmentation Overview
AMA Research has segmented the market of Global Valve Controller market by Type (Digital Valve Controller and Mechanical Valve Controller) and Region.
On the basis of geography, the market of Valve Controller 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 Industry Vertical, the sub-segment i.e. Chemical Industry will boost the Valve Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Cast Iron will boost the Valve Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Communication Protocol, the sub-segment i.e. Foundation Fieldbus will boost the Valve Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Smart Valves
Market Growth Drivers:
Rising Importance of Monitoring &Controlling in the Process Industries for Improved Efficiency, Increasing Demand for Fuel and Power and Growing Need for Connected Networks to Maintain and Monitor Various Equipment in Plants
Challenges:
Lack of Standardized Norms and Governing Policies
Restraints:
Heavy Competition and Increasing Cost of Production can Constrain the valve Controller Market
Opportunities:
Need for Valve Replacement and Adoption of Smart Valves and Demand for replacement of outdated valves and adoption of smart valves
Market Leaders and their expansionary development strategies
In January 2024, Control Devices, LLC, a portfolio company of HBM Holdings, announced today that it has acquired Gilmore. The acquisition expands Control Devices’ flow control solutions portfolio while widening its reach in the oil and gas market. The acquisition also broadens HBM Holdings’ expertise in the flow control sector.
February 2020 – Emerson introduced the ASCOSeries 158 Gas Valve and Series 159 Motorized Actuator. Designed specifically for burner-boiler applications, the new products give OEMs, distributors, contractors, and end-users a new combustion safety shutoff valve option that increases safety and reliability and enhances both flow and control.
Key Target Audience
Manufacturers of Valve Controller, Suppliers of Valve Controller, Software Provider, Technology Providers, End Users, Investors and Others
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.