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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334600
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334600
Global Valve Remote Control System Market Size study & Forecast, by Type by Application, by Valve Type and Regional Analysis, 2023-2030
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A Valve Remote Control System (VRCS) is a type of control system that is designed to remotely operate and control valves in various industrial applications. It allows operators to control the opening, closing, and positioning of valves from a centralized location, often a control room or a remote station. The system typically consists of several components, including control consoles, remote terminal units, actuators, sensors, and communication networks. The key factor driving the market growth is growing need for remotely operated valves from oil & gas production and rising number of refineries and petrochemical plants that anticipated to create the lucrative demand for the market during forecast period 2023-2030.
Moreover, the petrochemicals industry is experiencing significant growth due to the rising demand for various products such as plastics, fertilizers, rubber, and synthetic fibers. These industries rely on complex processes that require precise control of valves to regulate fluid flow, pressure, and temperature. As the petrochemicals industry expands, there will be a higher demand for VRC systems to ensure efficient and reliable valve operation. According to Statista, 2019, the global petrochemicals market was valued USD 441 billion; in 2022 the market reached USD 584.5 billion and it is anticipated to reach USD 1002.45 billion by 2030. Additionally, high demand for automation and predictive maintenance from manufacturing industries is anticipated to create the lucrative opportunity for the market over forecast period.
However, the high installation cost and lack of standardized certifications and government policies stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Valve Remote Control System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the rising Investment in shale gas production, growing number of projects from chemical, petrochemical and offshore wind and improving and modernizing power plants under government's reform. Whereas, the Asia Pacific region is expected to grow at fastest growth rate during the forecast period, owing to factors such as rising development of onshore and offshore activities, growing focus on the growth of oil & gas sector, rising development offshore activities, and resurgence of oil & gas industry in the region.
Major market player included in this report are:
- Emerson Electric Co.
- Wartsila Corporation
- Nordic Group Limited
- KSB SE & Co. KGaA
- Scana Skarpenord AS
- Sander Stove Co. Ltd.
- Rotork plc
- BESI Marine Systems GmbH
- Pleiger Group
- Selma Integrated Technology Ltd.
Recent Developments in the Market:
- NA
Global Valve Remote Control System Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Valve Type, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- Hydraulic
- Pneumatic
- Electric
- Electro Hydraulic
By Application:
- Marine
- Offshore
- Others
By Valve Type:
- Ball Valve
- Globe Valve
- Butterfly Valve
- Gate Valve
- Diaphragm Valve
- Plug Valve
- Check Valve
- Safety Valve
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Valve Remote Control System Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Valve Remote Control System Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Valve Remote Control System Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Valve Remote Control System Market, by Valve Type, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Valve Remote Control System Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Valve Remote Control System Market Dynamics
- 3.1. Valve Remote Control System Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing need for remotely operated valves from oil & gas production
- 3.1.1.2. Rising number of refineries and petrochemical plants
- 3.1.2. Market Challenges
- 3.1.2.1. High installation cost
- 3.1.2.2. Lack of standardized certifications and government policies
- 3.1.3. Market Opportunities
- 3.1.3.1. High demand for automation and predictive maintenance from manufacturing industries
- 3.1.1. Market Drivers
Chapter 4. Global Valve Remote Control System Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Valve Remote Control System Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Valve Remote Control System Market by Type, Performance - Potential Analysis
- 5.3. Global Valve Remote Control System Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Valve Remote Control System Market, Sub Segment Analysis
- 5.4.1. Hydraulic
- 5.4.2. Pneumatic
- 5.4.3. Electric
- 5.4.4. Electro Hydraulic
Chapter 6. Global Valve Remote Control System Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Valve Remote Control System Market by Application, Performance - Potential Analysis
- 6.3. Global Valve Remote Control System Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Valve Remote Control System Market, Sub Segment Analysis
- 6.4.1. Marine
- 6.4.2. Offshore
- 6.4.3. Others
Chapter 7. Global Valve Remote Control System Market, by Valve Type
- 7.1. Market Snapshot
- 7.2. Global Valve Remote Control System Market by Valve Type, Performance - Potential Analysis
- 7.3. Global Valve Remote Control System Market Estimates & Forecasts by Valve Type 2020-2030 (USD Billion)
- 7.4. Valve Remote Control System Market, Sub Segment Analysis
- 7.4.1. Ball Valve
- 7.4.2. Globe Valve
- 7.4.3. Butterfly Valve
- 7.4.4. Gate Valve
- 7.4.5. Diaphragm Valve
- 7.4.6. Plug Valve
- 7.4.7. Check Valve
- 7.4.8. Safety Valve
Chapter 8. Global Valve Remote Control System Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Valve Remote Control System Market, Regional Market Snapshot
- 8.4. North America Valve Remote Control System Market
- 8.4.1. U.S. Valve Remote Control System Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Valve Type breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Valve Remote Control System Market
- 8.4.1. U.S. Valve Remote Control System Market
- 8.5. Europe Valve Remote Control System Market Snapshot
- 8.5.1. U.K. Valve Remote Control System Market
- 8.5.2. Germany Valve Remote Control System Market
- 8.5.3. France Valve Remote Control System Market
- 8.5.4. Spain Valve Remote Control System Market
- 8.5.5. Italy Valve Remote Control System Market
- 8.5.6. Rest of Europe Valve Remote Control System Market
- 8.6. Asia-Pacific Valve Remote Control System Market Snapshot
- 8.6.1. China Valve Remote Control System Market
- 8.6.2. India Valve Remote Control System Market
- 8.6.3. Japan Valve Remote Control System Market
- 8.6.4. Australia Valve Remote Control System Market
- 8.6.5. South Korea Valve Remote Control System Market
- 8.6.6. Rest of Asia Pacific Valve Remote Control System Market
- 8.7. Latin America Valve Remote Control System Market Snapshot
- 8.7.1. Brazil Valve Remote Control System Market
- 8.7.2. Mexico Valve Remote Control System Market
- 8.8. Middle East & Africa Valve Remote Control System Market
- 8.8.1. Saudi Arabia Valve Remote Control System Market
- 8.8.2. South Africa Valve Remote Control System Market
- 8.8.3. Rest of Middle East & Africa Valve Remote Control System Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Emerson Electric Co
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Wartsila Corporation
- 9.3.3. Nordic Group Limited
- 9.3.4. KSB SE & Co. KGaA
- 9.3.5. Scana Skarpenord AS
- 9.3.6. Sander Stove Co. Ltd.
- 9.3.7. Rotork plc
- 9.3.8. BESI Marine Systems GmbH
- 9.3.9. Pleiger Group
- 9.3.10. Selma Integrated Technology Ltd.
- 9.3.1. Emerson Electric Co
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Valve Remote Control System Market, report scope
- TABLE 2. Global Valve Remote Control System Market estimates & forecasts by region 2020-2030 (USD Billion)
- TABLE 3. Global Valve Remote Control System Market estimates & forecasts by Type 2020-2030 (USD Billion)
- TABLE 4. Global Valve Remote Control System Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 5. Global Valve Remote Control System Market estimates & forecasts by Valve Type 2020-2030 (USD Billion)
- TABLE 6. Global Valve Remote Control System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7. Global Valve Remote Control System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Valve Remote Control System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Valve Remote Control System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Valve Remote Control System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Valve Remote Control System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Valve Remote Control System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Valve Remote Control System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Valve Remote Control System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Valve Remote Control System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. U.S. Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. U.S. Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 18. U.S. Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19. Canada Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 20. Canada Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21. Canada Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22. UK Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 23. UK Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24. UK Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25. Germany Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 26. Germany Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27. Germany Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28. France Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 29. France Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30. France Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31. Italy Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 32. Italy Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33. Italy Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34. Spain Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 35. Spain Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36. Spain Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37. RoE Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 38. RoE Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39. RoE Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40. China Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 41. China Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42. China Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43. India Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 44. India Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45. India Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46. Japan Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 47. Japan Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48. Japan Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49. South Korea Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 50. South Korea Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51. South Korea Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52. Australia Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 53. Australia Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54. Australia Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55. RoAPAC Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58. Brazil Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 59. Brazil Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60. Brazil Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61. Mexico Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 62. Mexico Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63. Mexico Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64. RoLA Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 65. RoLA Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66. RoLA Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67. Saudi Arabia Valve Remote Control System Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 68. South Africa Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69. RoMEA Valve Remote Control System Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70. List of secondary sources, used in the study of global Valve Remote Control System Market
- TABLE 71. List of primary sources, used in the study of global Valve Remote Control System Market
- TABLE 72. Years considered for the study
- TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Valve Remote Control System Market, research methodology
- FIG 2. Global Valve Remote Control System Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Valve Remote Control System Market, key trends 2022
- FIG 5. Global Valve Remote Control System Market, growth prospects 2023-2030
- FIG 6. Global Valve Remote Control System Market, porters 5 force model
- FIG 7. Global Valve Remote Control System Market, pest analysis
- FIG 8. Global Valve Remote Control System Market, value chain analysis
- FIG 9. Global Valve Remote Control System Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Valve Remote Control System Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Valve Remote Control System Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Valve Remote Control System Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Valve Remote Control System Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Valve Remote Control System Market, regional snapshot 2020 & 2030
- FIG 15. North America Valve Remote Control System Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Valve Remote Control System Market 2020 & 2030 (USD Billion)
- FIG 17. Asia pacific Valve Remote Control System Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Valve Remote Control System Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Valve Remote Control System Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
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