Market Overview:
The global pressure reducing valve market reached a value of US$ 3.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2027, exhibiting a CAGR of 3.69% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A pressure reducing valve (PRV) is equipment utilized for reducing incoming water or steam pressure. It is also used to safeguard the installation from noises in the pipes, water hammers, splashes, and premature wear of household electrical appliances and taps. Besides this, it assists in plumbing, conserving water, saving money on utility bills, and extending the lifespan of fixtures and appliances. As it is easy to install and reliable, a PRV is widely employed in residential, commercial, institutional, and industrial applications across the globe.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Pressure Reducing Valve Market Trends:
A considerable expansion in the oil and gas industry, in confluence with the extensive investments in research and development (R&D) activities, represents one of the key factors driving the market. PRVs aid in maintaining pressure in the pipeline and preventing pipes from bursting. They also find application in protecting against leakage and preventing overheating of pipes. As a result, there is a rise in the need for these valves in the petroleum and oil industry around the world. Apart from this, the rising adoption of these valves in fire safety trucks is also supporting the market growth. This can be accredited to their pressure controlling mechanism, which is required during the emission of water. Furthermore, leading players are introducing flow modulated PRVs that produce constant pressure at critical points within the distribution system. This, along with the significant investments in new refineries, development of existing facilities and increasing mergers and acquisitions (M&G), are some of the other factors fueling the market growth. The market is projected to propel in the coming years on account of rapid urbanization and industrialization worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pressure reducing valve market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, operating pressure and end user.
Breakup by Type:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Direct Acting
- Pilot Operated
Breakup by Operating Pressure:
- Below 300 Psig
- 301-600 Psig
- Above 600 Psig
Breakup by End User:
- Oil and Gas
- Power Generation
- Chemical
- Water and Wastewater
- Metals and Mining
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aalberts N.V., Armstrong International Inc., CIRCOR International Inc., Eaton Corporation plc, Forbes Marshall, Honeywell International Inc., KSB SE & Co. KGaA, Parker-Hannifin Corp., Reliance Worldwide Corporation Limited, Spirax-Sarco Engineering plc, TALIS Management Holding GmbH and Watts Water Technologies Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Operating Pressure, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Aalberts N.V., Armstrong International Inc., CIRCOR International Inc., Eaton Corporation plc, Forbes Marshall, Honeywell International Inc., KSB SE & Co. KGaA, Parker-Hannifin Corp., Reliance Worldwide Corporation Limited, Spirax-Sarco Engineering plc, TALIS Management Holding GmbH and Watts Water Technologies Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global pressure reducing valve market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global pressure reducing valve market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the operating pressure?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global pressure reducing valve market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pressure Reducing Valve Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Direct Acting
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Pilot Operated
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Operating Pressure
7.1 Below 300 Psig
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 301-600 Psig
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Above 600 Psig
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Oil and Gas
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Power Generation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Chemical
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Water and Wastewater
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Metals and Mining
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aalberts N.V.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Armstrong International Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 CIRCOR International Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Eaton Corporation plc
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Forbes Marshall
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Honeywell International Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 KSB SE & Co. KGaA
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Parker-Hannifin Corp.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Reliance Worldwide Corporation Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Spirax-Sarco Engineering plc
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 TALIS Management Holding GmbH
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Watts Water Technologies Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
List of Figures
Figure 1: Global: Pressure Reducing Valve Market: Major Drivers and Challenges
Figure 2: Global: Pressure Reducing Valve Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Pressure Reducing Valve Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Pressure Reducing Valve Market: Breakup by Type (in %), 2021
Figure 5: Global: Pressure Reducing Valve Market: Breakup by Operating Pressure (in %), 2021
Figure 6: Global: Pressure Reducing Valve Market: Breakup by End User (in %), 2021
Figure 7: Global: Pressure Reducing Valve Market: Breakup by Region (in %), 2021
Figure 8: Global: Pressure Reducing Valve (Direct Acting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Pressure Reducing Valve (Direct Acting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Pressure Reducing Valve (Pilot Operated) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Pressure Reducing Valve (Pilot Operated) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Pressure Reducing Valve (Below 300 Psig) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Pressure Reducing Valve (Below 300 Psig) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Pressure Reducing Valve (301-600 Psig) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Pressure Reducing Valve (301-600 Psig) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Pressure Reducing Valve (Above 600 Psig) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Pressure Reducing Valve (Above 600 Psig) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Pressure Reducing Valve (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Pressure Reducing Valve (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Pressure Reducing Valve (Power Generation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Pressure Reducing Valve (Power Generation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Pressure Reducing Valve (Chemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Pressure Reducing Valve (Chemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Pressure Reducing Valve (Water and Wastewater) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Pressure Reducing Valve (Water and Wastewater) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Pressure Reducing Valve (Metals and Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Pressure Reducing Valve (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Pressure Reducing Valve (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Pressure Reducing Valve (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Pressure Reducing Valve Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Pressure Reducing Valve Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Pressure Reducing Valve Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Pressure Reducing Valve Industry: SWOT Analysis
Figure 80: Global: Pressure Reducing Valve Industry: Value Chain Analysis
Figure 81: Global: Pressure Reducing Valve Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Pressure Reducing Valve Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Pressure Reducing Valve Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Pressure Reducing Valve Market Forecast: Breakup by Operating Pressure (in Million US$), 2022-2027
Table 4: Global: Pressure Reducing Valve Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Pressure Reducing Valve Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Pressure Reducing Valve Market: Competitive Structure
Table 7: Global: Pressure Reducing Valve Market: Key Players