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North America Instrumentation Valves and Fittings Market, by Product Type (Process Valves, Manifold Valves, Ultra-Clean Valves, Fitting & Connectors, and Pneumatic actuators), by Application - Trends and Forecasts till 2022

  • Report Code: SE 1221
  • Publish Date: Jul 2016
  • Number of Pages: 78
  
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The North American instrumentation valves and fittings market was valued at USD 1,061.4 million in 2015 and is expected to reach USD 1,428.1 million by 2022, at a CAGR of 4.2% between 2016 and 2022. The base year considered for the study is 2015, and the forecast period is between 2016 and 2022. This report analyzes the instrumentation valves and fittings market on the basis of product types, applications, and countries in North America. The U.S. is estimated to hold the largest market share in 2016. The valves used in the oil & gas industry are expected to hold the leading position during the forecast period. The objective of the study is to analyze the market segmented on the basis of product types, applications, and countries in North America, to identify the market drivers & opportunities for stakeholders and their impact, to study the market trends, and to analyze the competitive situation of the market.

 

This research study involves the extensive use of secondary sources, directories, and databases (such as annual reports, press releases, journals, company websites, and paid databases) to identify and collect information useful for this study. The entire procedure includes the study of the financial reports of the top market players. After arriving at the overall market size, the total market has been split into several segments and subsegments and confirmed with the key industry experts such as CEOs, VPs, directors, and marketing executives. The figure below shows the breakdown of primaries on the basis of the company type and designation conducted during research study.

BREAKDOWN OF PRIMARY PARTICIPANTS

 

Note: Others include independent consultants, distributors, floor/operation executives, and other key stake holders.

 

The North American instrumentation valves and fittings market includes different providers of several types of valves, namely, SWAGELOK (U.S.), Parker Hannifin (U.S.), SSP Fitting Corporation (U.S.), Circor International, Inc. (Hoke) (U.S.), HexValve (U.S.), Fujikin Incorporated (Japan), and AS-Schneider (Germany); fittings and pneumatic actuator providers such as SWAGELOK (U.S.), Parker Hannifin (U.S.), Fujikin Incorporated (Japan), and Circor International, Inc. (Hoke) (U.S.); and research institutes & universities, government organizations, alliances & associations of valve manufacturers, and end users from several industries.

 

Target Audience:

 

  • Technology providers
  • Technology investors
  • Technology standard organizations
  • Forums, alliances, and associations
  • Venture capitalists
  • Private equity firms
  • Analysts, strategic business planners, and others
  • Startup firms


Key Takeaways:

  • Analysis of the North American instrumentation valves and fittings market
  • Market size splits by product types, applications, and countries in North America
  • Value chain analysis of the instrumentation valves and fittings market
  • Major market trends, drivers, restraints, and opportunities for North American instrumentation valves and fittings market
  • Detailed competitive landscape which includes key players, in-depth market analysis, individual revenue, and company strategies

 


The Market in This Report Has Been Segmented as Follows:

By Product Type:

  • Process Valves
  • Manifold Valves
  • Ultra-Clean Valves
  • Fitting & Connectors
  • Pneumatic Actuators
  • Others (Hoses, Connectors, and Other High-Tech Component)

 


By Application:

  • Semiconductors
  • Oil & Gas
  • Food & Beverages
  • Chemical
  • Pharmaceuticals
  • Paper & Pulp
  • Hyperbaric Chamber
  • Others (Power Generation, Solar Energy, and Water & Wastewater Industry)

 


By North America:

  • United States
  • Canada
  • Mexico


Table Of Contents

1 Introduction
2 Research Methodology
3 Market Overview
4 Tam
5 Market By Product
6 Market By Application
7 Market By Geography
8 Competitive Analysis
9 Company Profiles

 

List of Figures:

 

Figure 1 North America Valves & Fittings Market Dynamics
Figure 2 North America Valves & Fittings Market Dynamics Impact Analysis
Figure 3 North America Valves & Fittings Market Value Chain Analysis
Figure 4 North America Valves Market Trend -2015-2022
Figure 5 North America Fittings Market Trend-2015-2022
Figure 6 Total Addressable Market of NA Valves & Fittings Market -2015-2022
Figure 7 North America Valves & Fittings Market, By Product 2015-2022
Figure 8 North America Ball Valves Market 2015-2022
Figure 9 North America Needle Valves Market 2015-2022
Figure 10 North America Check Valves Market 2015-2022
Figure 11 North America Manifold Valves Market 2015-2022
Figure 12 North America Ultra-clean Valves Market 2015-2022
Figure 13 North America Other Valves Market 2015-2022
Figure 14 North America Single Ferrule Fittings Market 2015-2022
Figure 15 North America Double Ferrule Fittings Market 2015-2022
Figure 16 North America Pipe Fittings Market 2015-2022
Figure 17 North America Flare Fittings Market 2015-2022
Figure 18 North America Other Fittings Market 2015-2022
Figure 19 North America Pneumatic Market 2015-2022
Figure 20 North America Others Market 2015-2022
Figure 21 North America Valves & Fittings Market, By Application
Figure 22 North America Valves & Fittings Market, By Semiconductor
Figure 23 North America Valves & Fittings Market, By Oil & Gas
Figure 24 North America Valves & Fittings Market, By Food & Beverage
Figure 25 North America Valves & Fittings Market, By Chemical
Figure 26 North America Valves & Fittings Market, By Pharmaceuticals
Figure 27 North America Valves & Fittings Market, By Paper & Pulp
Figure 28 North America Valves & Fittings Market, By Hyper Baric chamber
Figure 29 North America Valves & Fittings Market, By Other Applications
Figure 30 North America Valves & Fittings Market, By Geography
Figure 31 US Market Size, 2015-2022
Figure 32 Canada MARKET SIZE, 2015-2022
Figure 33 Mexico MARKET SIZE, 2015-2022
Figure 34 North America Valves & Fittings Market Overview
Figure 35 North America Valves & Fittings Market Share Analysis
Figure 36 North America Valves & Fittings Market Competitive Situations & Trends

The North American instrumentation valves and fittings market is expected to grow from USD 1,061.4 million in 2015 to USD 1,428.1 million by 2022, at a CAGR of 4.2% between 2016 and 2022. The increasing need for automation and safety using instrumentation valves and actuators, growth in fracking utilization of 1 inch to 6 inches brass or copper valves and high growth rate of hyperbaric oxygen therapy devices are the major drivers for the growth of the instrumentation valves and fittings market in North America.

 

The oil & gas application currently leads the market, owing to the growing usage of valves in upstream market production process. The use of advanced technology of horizontal drilling and hydraulic fracturing also boost the market in the region. The market for pharmaceuticals application is expected to exhibit high growth potential by 2022, owing to the increasing implementation of valves & fittings in air systems, gas systems, and analytical instrumentation.

 

The valves segment is expected to lead the North American instrumentation valves and fittings market. Major applications such as oil & gas, pharmaceuticals, and chemical hold a significant market share for valves since it is used to handle most elusive and difficult to control gases (helium, hydrogen, and so on) and can easily accommodate pipes and tubes of different ranges. The actuator market is expected to grow at the highest rate during the forecast period.

 

North America: instrumentation valves and fittings Market, BY Country, 2022 (USD MILLION)  

 

Source: MicroMarketMonitor Analysis

The U.S. currently holds the largest share of the North American instrumentation valves and fittings market and is expected to grow at the highest rate during the forecast period. This growth of the market in the United States can be attributed to the increasing demand for instrumentation automation in oil & gas and semiconductors applications. The U.S. and Canada are the major regions deploying valves and actuators for industrial automation. These regions offer opportunities in oil & gas, chemical, food & beverages, power generation, and water & wastewater industries.

 

The factors restraining the market growth are the downturn in petroleum & power industry, decrease in price of valves & fittings by major players, and high significance to brand value and certifications.

 

The North American instrumentation valves and fitting market include players such as SWAGELOK (U.S.), Parker Hannifin (U.S.), SSP Fitting Corporation (U.S.), Circor International, Inc. (Hoke) (U.S.), AS-Schneider (Germany), HexValve (U.S.), Bray International Inc. (U.S.), Fujikin Incorporated (Japan), and Dwyer Instruments (U.S.).

 

SWAGELOK (U.S.) and Parker Hannifin (U.S.) are the major players in the North American instrumentation valves and fittings market. These companies have a broad product portfolio in the fields of valves, fitting components, and pneumatic actuators. The core strategies of these companies are innovative product launches and developments, acquisitions, and partnerships.

 

To discuss the above findings with the analyst, please click the Speak to Analyst tab provided above.

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