9th October, 2018 – Pneumatic Control Valves Market is segmented on the basis of type as Check Valves, Diaphragm Valves, Glove Valves, Ball Valves, Butterfly Valves, Gate Valves, Plug Valves, and Safety Valves. As far as the type is concerned, it can also be segregated as Regulated type and Switching type. Pneumatic Control Valve is a device that employs compressed air for carrying out the diffusion and regulation of energy. The prime utilization of this appliance has been observed in the management of automatic production lines, mechanical clamps, and train doors. The most striking benefits attached with its use may include elongated life, simple maintenance, high efficacy, consistency, simple framework, and increased flexibility to severe surroundings. Moreover, they are environmental friendly and cost-effective in nature. The only flaws associated with it entails reduced precision level, slow rate of loading, need of processing before employment, and imbalanced moving speed. All these factors are turning as major restraints in the market growth.
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The key factors that are responsible for the market growth entails growing applications across various sectors, rise in the industrialization, constant innovations, augmented demands particularly from the oil and gas sectors, technological advancements, rising prerequisite, increased benefits, rising investments, and emergence of leading manufacturers across the globe. Owing to all the above-mentioned factors, it has been anticipated that the Pneumatic Control Valves Market will register a healthy CAGR in the forecast period. Pneumatic Control Valves Market is segmented on the basis of application as Pharmaceutical, Building & Construction, Oil & Gas, Water & Wastewater, Food & Beverages, Energy & Power, and Chemical. Among all the applications, the segment of Oil & Gas is taking up the largest share.
Pneumatic Control Valve Market is segmented on the basis of geographical region as North America, China, Europe, Southeast Asia, Japan, and India. As far as the geographical region is concerned, North America is currently the leader of the market and it is simultaneously accounting for the largest share in the market, the reason being industrialization, urbanization, mounting demand across various sectors, increasing awareness among the masses, constant introductions and innovations, and rise in the investments by the leading manufacturers. On the other hand, Europe and Asia Pacific is also witnessing a robust growth owing presence of leading manufacturers in the particular region. The key players operating in the Pneumatic Control Valves Market covers Haitima, STI, Habonim, J+J Automation, Flowserve, Metso, Pentair, General Electric, Emerson Process, Univer Group, Actuator Technology Company, Sirca International, Burkert, Parker, Bimba, DynaQuip Controls, SMS Industrial Control Valves & Automation System, Moog and Rotex.
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