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Analysis of the North American Industrial Valves and Actuators Market

  • March 2014
  • 111 pages
  • Frost & Sullivan
Report ID: 2056646

Summary

Table of Contents

The overall valves and actuators market in North America has reached a mature stage and shows potential for higher growth. This study includes a detailed analysis of the market for 2013. The regional analysis, divided by Canada and the United States, covers variations in trends influencing the major end user industries such as oil and gas, chemicals, power generation, water management, and mining. The impact of these variations on the segments that cater to flow-control solutions for these industries are forecast. Based on the supply and demand analysis and research, the metrics such as market size and growth rates of both the total market and the segments are estimated for the base year 2013. The forecast period is from 2014 to 2020.


Executive Summary
The overall valves and actuators market in North America has reached a mature stage and
shows potential for higher growth. The market CAGR is % from 2013 to 2020.

The two largest end-user customers for industrial valves and actuators are the oil and gas
and chemical industries.

Natural gas production in North America has influenced the dynamics of the oil and gas,
chemical and petrochemical, and power generation industries severing the valves and
actuators market.

Demoting coal usage due to greenhouse gas emissions and promoting solar and wind
energy-based power generation may hinder growth potential for the valves and actuators
industry in power generation and coal mining.

Ball valves are the single largest segment of valves in the valves and actuators industry
and totaled $ billion 2013.


A drive for automation has enhanced sales for control valves and regulators to a
CAGR of %.

There will be reduced market opportunities for gate/globe/check valves and pneumatic
actuators in power generation due to shutdowns of conventional coal-fired plants by 2020.

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