Severe Service Valves

The Severe Service Valves Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.

Digitalization Drives the Severe Service Valves Market

ARC’s research on the Severe Service Valves market shows that the market outlook remains optimistic because the macro trends that underlie the growth are still in place. These trends include globalization, infrastructure expansion, emerging economies, digitalization, an increasing middle class in Asia, and the ongoing need for effective power management within the facilities. Emphasis on digitalization has made many end users aware of the cost benefits associated with condition monitoring and predictive analysis to avoid downtime. This trend is expected to generate higher sales for SSVs and accompanying smart remote monitoring devices, in both new construction projects and retrofits.

Severe Service Valves Strategic Issues 

In addition to providing a five-year market forecast, the Severe Service Valves market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Digital Solution Provider vs. Product Supplier

The valves market is currently witnessing an evolution, with several key market participants transforming their business from mere equipment manufacturers and suppliers to complete solution providers. Cloud platforms and analytics engines are being employed for data management, processing, and predictive maintenance. End users should seek out such solution providers than just suppliers that are willing to invest sufficient time and resources for process evaluation, product customization, digitalization service, and support to enable the successful deployment of the technology and long-term technology partnerships for optimizing overall plant efficiency and emissions.

Remote Service Offerings

As end users' locations become ever more remote and operations more extensive (especially in oil and gas midstream pipelines), it becomes very expensive and often hazardous to transport valve maintenance support personnel to these sites frequently for over-cautious maintenance schedules. These users may want to consult with suppliers and system integrators to uncover and leverage the latest available valve technology with enhanced functionality, such as remote operations monitoring and analysis, over archaic products.

Valves equipped with smart positioners or intelligent actuators with data logging and data transfer functionalities are a viable solution for such demanding remote application. Valve operating information can be recorded and transmitted, which would aid the user to evaluate valve performance, create an efficient asset management program, and schedule intrusive maintenance only when necessary.

Main Valve Contractors

The early involvement of a main valve contractor (MVC) can have a big impact on project success. MVCs provide an economic advantage to owner-operators in three key areas: reduced coordination effort, reduced commissioning time, and reduced customization costs, all of which help reduce risk. Cumulatively, these can help reduce both installed cost and overall cost of ownership. As a single-source supplier, the MVC removes the effort and cost of juggling several suppliers, freeing the owner/operator to focus on core competencies. A single point of accountability also minimizes or eliminates the need for custom integration, which often adds significant cost and risk to a project.