(MENAFNEditorial) iCrowdNewswire - Nov 20, 2017
research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Thus, the data presented is comprehensive, reliable, and the result of extensive research. Industry experts project Hydraulic Valves market to grow at a CAGR of 3.78% during the period 2017-2021.
Hydraulic valves control the flow of fluid in a hydraulic machine; thereby, maintaining the required pressure in the system. These valves have spools that slide to different positions to control the flow of fluid. Based on application, directional valves, pressure valves, and flow valves are key types of hydraulic valves.
Firstly, the Hydraulic Valves market research report provides a basic overview of the industry including definitions, market status and industry chain structure. The Hydraulic Valves market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status. What's more, the Hydraulic Valves industry development trends and growth patterns are analyzed.
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Hydraulic Valves market potential is analysed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Hydraulic Valves industry. To determine the Hydraulic Valves market size the report considers major drivers influencing the market growth and challenges faced by vendors and the market as a whole. Further the Hydraulic Valves market report focuses on global major leading industry players with information. Report contains vendor landscape in addition to a SWOT analysis of the key vendors operating in Hydraulic Valves market space like Bosch Rexroth, Daikin Industries, Eaton, Kawasaki Heavy Industries, Parker Hannifin and many more.
Hydraulic Valves Market Drivers, Challenges and Trends: –
Hydraulic Valves Market Driver: – one driver in market is rising demand from water and wastewater treatment industry. There is an increased demand for high quality and uncontaminated water for domestic consumption purposes. Advanced economies have the well-developed infrastructure for water production. However, they lack effective supply facilities, resulting in impurities polluting the water during conveyance. This has led to several European countries shifting their focus toward improving municipal water treatment infrastructure. These countries have already employed technologically advanced industrial water treatment infrastructure. Both Germany and the UK are investing heavily in developing municipal water treatment infrastructure by 2020.
Hydraulic Valves Market Challenge: – one challenge in market is rising preference for pneumatic valves among end-users. Pneumatic valves involve compressed gas (air or any other inert gas) to produce mechanical motion. The equipment is used in volatile environments where hydraulic or electric valves cannot be used. It is also used in various industries such as the construction, metallurgy, and oil and petrochemical industries. Pneumatic valves are safer than electric and hydraulic valves, and are increasingly being adopted by end-users for industrial applications. Hydraulic valves use different kinds of fluids, and pneumatic valves use gas. Pneumatic valves are agiler than hydraulic equipment and can pass through pipes quickly with low resistance.
Hydraulic Valves Market trend: – One trend in market is shift from conventional fluid power system to smart electric hybrid system. In the long run, factories of the future will be fully automated. The whole production line will be configured with artificial intelligence, allowing direct access and control of different machinery in the manufacturing process. These factories require smart machinery, which can be wirelessly controlled and remotely monitored, for periodic diagnosis or predictive maintenance. To cater to this shift, smart electro-hydraulic hybrid systems are being developed with enhanced features for remote axis and diagnostics. This will provide higher operational accuracy. The electro-hydraulic enhancement can be applied to current conventional systems with minor modifications. This type of system is driving the sales of hydraulic equipment. It is also warding off the threat from fully electric-driven units. Therefore, these smart electric hybrid systems will drive the growth of the hydraulic fluids market
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Market segmentation by end-users:- by end-users, Oil and gas, Water and wastewater, Power, Construction and earthmoving ; Geographic Segmentation: – Americas, APAC, EMEA
The objective of this Hydraulic Valves market research report is: –
- To provide actionable intelligence alongside the market size of various segments.
- To detail major factors influencing the market (drivers, opportunities, industry specific challenges, and other critical issues).
- To determine the geographic breakdown of the market in terms of detailed analysis and impact.
- To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
- To track the competitive landscape of the market.
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