Title: Australian Pressure Safety Valve Market Expected to Reach $65.38 Million, by 2025
1Pages 103 Publish Date Jun 2018
2 Australian Pressure Safety Valve Market
The availability of abundant natural resources,
such as petroleum and shale gas, in Australia is
expected to provide profitable opportunities for
the Australia pressure safety valve market.
Moreover, the government-s initiative to
encourage offshore exploration of minerals
deposits could further boost the business
opportunities for market players in Australia.
The presence of a wide oil gas distribution
network continues to provide a steady stream of
revenue to market players thereby, resulting in
the moderate growth of the Australia pressure
safety valve market. Yash Doshi Senior
Research Analyst, Construction Manufacturing at
AMR
3 Australian Pressure Safety Valve Market Overview
- The Australian Pressure Safety Valve Market size
was valued at 52.12 million in 2017 and is
expected to reach 65.38 million by 2025,
registering a CAGR of 2.88 from 2018 to 2025.
Oil gas dominated the Australian pressure
safety valve market, accounting for around
one-third share of the total revenue. - The increase in energy demands from emerging
Asian economies continues to drive the production
capacities in Australian end-user industries,
owing to lucrative export opportunities to Asian
countries. In addition, activities, such as
services, periodic maintenance, and repairs, of
pressure-based systems, machineries, and tools
continue to drive the safety valve market at a
steady growth rate. - Read more at https//www.alliedmarketresearch.co
m/australian-pressure-safety-valve-market
4 Australian Pressure Safety Valve Market Key
Benefits
- In terms of value, the water supply system
segment generated the maximum revenue in 2017 and
is expected to grow at a CAGR of 3.51 during the
forecast period. - The pilot operated safety valve segment is
anticipated to grow at a CAGR of 3.14 from 2018
to 2025. - The oil gas industry is expected to dominate
the Australian pressure safety valve market
during the forecast period, registering a CAGR of
2.52 in terms of value.
5 Australian Pressure Safety Valve Market
6 Australian Pressure Safety Valve Market By
Offerings
7 Australian Pressure Safety Valve Market By
End-User Industry
8 Key Players in Industry
- Bourke Valves
- Callidus Group
- Cebeco Pty. Ltd.
- Emerson Electric Co.
- LESER GmbH Co. KG
- Mercer Valve Company, Inc.
- Powerflo Solutions
- Score Group PLC
- Spirax Sarco Pty. Limited
- Western Process Controls
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9 Australian Pressure Safety Valve Market Segments
10 Australian Pressure Safety Valve Market By
Geography
- North America, Europe, Asia-Pacific, LAMEA
11 Thank You! For More Details
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essure-safety-valve-market
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