[調査レポート] ボールバルブ市場は、2023年の166.6億米ドルから2028年には220.9億米ドルに達すると予測されており、2023年から2028年の間に5.8%のCAGRを記録すると予想されています。
アナリストの視点:
ボールバルブ市場は、石油・ガス、水・廃水処理、化学処理、医薬品、発電など、さまざまな分野で重要な役割を果たしている活気ある産業です。ボールバルブは、穴の開いた回転ボールを使用して、パイプラインまたはシステムを通る流体の流れを制御するために使用される機械装置です。優れた遮断機能、メンテナンス要件の低さ、高い耐久性を備えているため、多くの用途で人気があります。ボールバルブ市場は、いくつかの要因によって近年大幅に発展しています。主な推進力の1つは、特に新興経済国におけるエネルギー資源の需要の増加です。特に石油・ガス産業は、ボールバルブ市場の成長に大きく貢献しています。ボールバルブは、パイプライン、製油所、オフショアプラットフォームで広く使用され、石油とガスの流れを調整して、効率的な運用と安全性を確保しています。インフラ開発と工業化への関心の高まりも、水・廃水処理、発電、化学処理におけるボールバルブの需要を促進しています。ボールバルブは、これらの産業が円滑な運営を維持するために不可欠な、信頼性が高く効率的なフロー制御を提供します。市場では技術の進歩も見られ、メーカーは革新的な設計や材料を導入して、ボールバルブの性能と効率を高めています。たとえば、ステンレス鋼や合金などの材料の開発により、ボールバルブの耐久性と耐腐食性が向上し、厳しい環境での用途が拡大しています。さらに、環境問題への意識の高まりと持続可能なソリューションの必要性から、太陽光や風力などのグリーンエネルギー分野でボールバルブが採用されるようになりました。これらのバルブは、これらのシステム内の流体の流れを制御し、最適な効率を確保し、エネルギー損失を最小限に抑えるのに役立ちます。
市場概要:
流れを制御するための中空の穴あき回転ボールを備えた 1/4 回転バルブは、ボール バルブと呼ばれます。ボールの穴がフロー ライン内にあるとき、バルブは開きます。ハンドルが穴を 90 度回転すると、バルブは閉じます。また、開いているとき、ハンドルは垂直で平らに揃い、閉じています。ボール バルブは寿命が長く、信頼性が高く、しっかりと閉じ、長期間使用しなくても適切に機能し続けます。
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市場の推進要因:
工業化への注目の高まりがボールバルブ市場の成長を促進
The rising focus on Industrialization has played a vital role in driving the growth of the ball valve market. As countries and regions increasingly prioritize industrial development, there is a growing demand for efficient and reliable flow control solutions, leading to the widespread adoption of ball valves. Industrialization involves establishing and expanding various manufacturing and processing facilities across different sectors, such as oil and gas, water and wastewater treatment, chemical processing, and power generation. These industries require robust and effective flow control mechanisms to regulate the movement of fluids through pipelines and systems. Ball valves offer several advantages, making them an ideal choice for industrial applications. They provide excellent shut-off capabilities, allowing for precise control of fluid flow. This is crucial for ensuring operational efficiency and safety in industrial processes. Ball valves can be quickly and completely closed or opened, minimizing the risk of leaks or spills, which can harm production and the environment. The ball valves have low maintenance requirements, reducing downtime and operational costs. Their simple and robust design makes them less prone to wear and tear, resulting in longer service life and increased reliability. This is particularly beneficial in industrial settings where continuous operation is essential. Furthermore, ball valves can handle high pressures and temperatures, making them suitable for demanding industrial environments. They resist harsh chemicals, corrosive fluids, and abrasive materials, ensuring long-term performance and durability. Industrial processes often involve aggressive substances, and ball valves' ability to withstand such conditions is vital for maintaining operational efficiency and avoiding costly downtime. Also, the scalability and adaptability of ball valves make them well-suited for industrial applications. They can be designed and manufactured in various sizes, pressure ratings, and materials to meet specific requirements. This versatility enables seamless integration into different industrial systems and pipelines. The rising focus on Industrialization, especially in developing economies, leads to increased investments in infrastructure development and manufacturing facilities. As a result, there is a growing demand for ball valves to ensure efficient and reliable flow control in these industrial processes. This, in turn, drives the growth of the ball valve market.
Segmental Analysis:
Based on material, the ball valve market is segmented into stainless steel, cast iron, cryogenic, alloy, and others. The stainless steel segment held the largest share of the ball valve market in 2023, whereas the alloy segment is anticipated to register the highest CAGR in the market during the forecast period. The stainless steel segment is prominent in the ball valve market, holding the largest share. This is primarily due to stainless steel's excellent corrosion resistance, durability, and strength. Stainless steel ball valves can withstand harsh environments and demanding operating conditions, making them a preferred choice in industries such as oil and gas, chemical processing, and power generation. Additionally, stainless steel offers hygienic properties, affordability, and versatility, further contributing to its dominance in the market.
Regional Analysis:
The Asia Pacific ball valve market was valued at US$ 6.61 billion in 2023 and is projected to reach US$ 9.54 billion by 2028; it is expected to grow at a CAGR of 7.6% during the forecast period. Due to several key factors, the Asia Pacific region has emerged as the dominant force in the ball valve market. Firstly, the region has experienced rapid industrialization and urbanization, increasing demand for infrastructure projects, including oil and gas, power generation, water and wastewater treatment, and chemical processing. Ball valves are crucial in these industries, offering reliable and efficient flow control solutions. Secondly, countries in the Asia Pacific region, such as China, India, and Japan, have witnessed substantial economic growth and rising disposable incomes. This has increased the energy demand, fueling the expansion of oil and gas exploration, production, and refining activities. As ball valves are essential components in the oil and gas industry for controlling the flow of fluids, the market for these valves has witnessed significant growth in the region. The Asia Pacific region has also become a major manufacturing hub for various industries. With numerous manufacturing facilities, there is a constant need for ball valves in process industries such as chemicals, petrochemicals, and pharmaceuticals. These valves ensure reliable and precise control of fluids and gases, contributing to the efficiency and productivity of manufacturing processes. Furthermore, governments in the region have been investing heavily in infrastructure development projects, including water supply and treatment plants, power generation facilities, and transportation networks. The construction of these projects requires installing ball valves to control the flow of various fluids and gases. As a result, the demand for ball valves has surged in the Asia Pacific region. Moreover, the presence of many ball valve manufacturers and suppliers in countries like China and Japan has further fueled the market's growth. These manufacturers offer various ball valves with different specifications, catering to the diverse requirements of industries across the region. The availability of locally manufactured valves at competitive prices has boosted their adoption in various sectors.
Key Player Analysis:
The ball valve market analysis consists of the players such as Velan Inc, Neway Valve Suzhou Co Ltd, KITZ Corp, IMI Plc, Flowserve Corp, Curtiss-Wright Corp, Crane Co, Emerson Electric Co, Schlumberger NV, and Valvitalia SpA. Among the players in the ball valve Flowserve Corp and Schlumberger NV are the top two players owing to the diversified product portfolio offered.
Ball Valve Market Regional Insights
予測期間を通じてボールバルブ市場に影響を与える地域的な傾向と要因は、Insight Partners のアナリストによって徹底的に説明されています。このセクションでは、北米、ヨーロッパ、アジア太平洋、中東、アフリカ、南米、中米にわたるボールバルブ市場のセグメントと地理についても説明します。
- ボールバルブ市場の地域別データを入手
ボールバルブ市場レポートの範囲
レポート属性 | 詳細 |
---|---|
2023年の市場規模 | 166.6億米ドル |
2028年までの市場規模 | 220.9億米ドル |
世界のCAGR(2023年~2028年) | 5.8% |
履歴データ | 2021-2022 |
予測期間 | 2024-2028 |
対象セグメント | タイプ別
|
対象地域と国 | 北米
|
市場リーダーと主要企業プロフィール |
|
市場プレーヤーの密度:ビジネスダイナミクスへの影響を理解する
ボールバルブ市場は、消費者の嗜好の変化、技術の進歩、製品の利点に対する認識の高まりなどの要因により、エンドユーザーの需要が高まり、急速に成長しています。需要が高まるにつれて、企業は提供を拡大し、消費者のニーズを満たすために革新し、新たなトレンドを活用し、市場の成長をさらに促進しています。
市場プレーヤー密度とは、特定の市場または業界内で活動している企業または会社の分布を指します。これは、特定の市場スペースに、その市場規模または総市場価値に対してどれだけの競合相手 (市場プレーヤー) が存在するかを示します。
ボールバルブ市場で事業を展開している主要企業は次のとおりです。
- ヴェラン株式会社
- ニューウェイバルブ蘇州株式会社
- キッツ株式会社
- IMI Plc
- フローサーブ社
免責事項:上記の企業は、特定の順序でランク付けされていません。
- ボールバルブ市場のトップキープレーヤーの概要を入手
最近の動向:
ボールバルブ市場の企業では、合併や買収などの無機的および有機的な戦略が広く採用されています。最近の主要な市場動向をいくつか以下に示します。
- 2019 年、エマソンは CIRCOR International の Spence および Nicholson 製品ラインを買収し、工業および商業ビル向けの蒸気システム ソリューションの範囲を強化しました。
- 2019年、衛生用および工業用のバルブおよび特殊バルブのメーカーであるPBMがIMI plcに買収されました。これらの買収はすべて、ボールバルブ業界の競争を激化させるでしょう。
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The country anticipated to grow with the highest CAGR are US, Germany, and India.
The growing adoption of automation in end-use industries will push ball valve manufacturers to produce smart ball valves. SCADA systems can monitor oil flow and ensure the pipeline’s pressure remains optimal.
The key players holding majority shares in the ball valve market include SLB, Emerson Electric Co., Curtiss-Wright Corporation, KITZ Corporation, and IMI Critical Engineering.
The US held the largest market share in 2022, followed by China.
In the oil & gas industry, ball valves help ensure the safe and efficient operation of various processes in upstream, midstream, and downstream sectors. Ball valves regulate fluid flow, maintain pressure and temperature levels, and provide isolation and control for various industrial applications involving liquids, such as pipeline and distribution infrastructure.
The ball valve market was estimated to be USD 15,849.23 million in 2022 and is expected to grow at a CAGR of 5.8 % during the forecast period 2023 - 2028.
APAC is anticipated to grow with the highest CAGR over the forecast period.
Trends and growth analysis reports related to Manufacturing and Construction : READ MORE..
The List of Companies - Ball Valve Market
- Velan Inc
- Neway Valve Suzhou Co Ltd
- KITZ Corp
- IMI Plc
- Flowserve Corp
- Curtiss-Wright Corp
- Crane Co
- Emerson Electric Co
- Schlumberger NV
- Valvitalia SpA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published and advised several client across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organization are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.