ARC‘s latest research on the severe service valves market indicates that the increasing energy demand is propelling market growth. ARC has seen an uptick in investments in new local energy sources to reduce the dependence on unreliable foreign suppliers of energy. With increasing population and urbanization in emerging parts of Asia and other developing regions of the world, the power generation capacity is expected to increase over the forecast period, especially in China, India, and parts of Southeast Asia.
"End users are increasingly demanding easier and more intuitive access to detailed information about valve performance and health. This trend is driving greater investment in digital positioners, which offer valuable insights into both valve health and overall process efficiency. As the advantages of Industrial
IoT become clear, suppliers are integrating connected field devices into their portfolios, with a focus on improving instrument efficiency, accuracy, safety, and stability. Additionally, the consolidation of end users and the globalization of engineering contractors are expanding the size and complexity of customer
entities," according to Vidya Prasad, Senior Analyst and key author of ARC's Severe Service Valves Market Research.
Severe Service Valves Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Industrial 5G
- Adoption of Industrial IoT
- Operations to Adjust to the Dynamics in the Oil & Gas Sector
- Digital Positioners
- Plant Safety and Reliability
- Safety Regulations
- Improving Local Presence
Leading Suppliers to the Severe Service Valves Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Baker Hughes, Circor International, Emerson Automation Solutions, Flowserve, IMI Process Automation.
About the Severe Service Valves Research
The Severe Service Valves research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and three years of historical analysis. The segmentation includes Industry, Customer Type, World Region, Sales Channel, Revenue Category, Component, Valves by Body Type, Overall Scope, On-off valve by Application, Control Valves by Application, Control Type, Control Valves by Trim Type, Control Valves by Pressure Type.
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