News CenterWorld intelligent control valve market status analysis

The market share of the valve has been changed since InvensysFlowControl was FlowServe merger. Tyco still accounts for the first, is 6%; FlowServe rose to second, is 4%; Emerson third, 3%. Industrial valves and actuators in Europe in 2002 was $3530000000, up to $4100000000 in 2008. The overall annual growth rate was 2.2%.

The world's automatic control valve market in 2002 was $10000000000, 2008 will reach $23000000000. Because of the "Smart" valve, valve performance has improved. At present, the valve manufacturing plant is committed to the valve in the electronic control technology and information technology software. Power station is the valve of the second major markets, especially gas turbine. Combined cycle gas turbine is more than the single cycle gas turbine, and the valve of the gas turbine is four times more than the combined gas turbine. China and the United States is a gas turbine power, and therefore is the largest power plant valve users. Valve replacement is also a big change in the market. The United States accounted for 1/3 of the world's gas turbine capacity, is the largest valve market.

Recently, ARC Consulting Group for the implementation of the valve positioner and the market survey, the smart valve positioner and smart actuator will be the entire control valve market, the fastest growing part of the annual growth rate is estimated to exceed 50%. Sales increased from $20200000 in 2002 to $158000000 in 1997.

Technical innovation to make the valve and the actuator has better performance, oil price stability and the use of natural gas to expand the use of oil and gas in the investment to increase, to promote the valve actuator market rise. In addition spare parts is also a big market. Intelligent valve and field bus technology has been recognized by the market to contribute to the growth of the market. Future smart valve will be more widely used. The growth rate is faster than the valve. Which the 1/4 to the implementation of the use of a wide range of structure is simple, will be more than the implementation of a greater market.

World automation control valve market in smart valve positioner and intelligent actuator (electric device) will be the fastest growing part of the market in the control valve, the valve manufacturers are committed to the valve in the electronic control technology and information technology software.