Valve Remote Control System Market Revenue to Hit $8.0 billion by 2023 - PowerPoint PPT Presentation

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Valve Remote Control System Market Revenue to Hit $8.0 billion by 2023

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The valve remote control system market is expected to grow from an estimated USD 6.4 billion in 2018 to USD 8.0 billion by 2023, at a CAGR of 4.73%. An increased need for industrial valves from oil & gas production is likely to drive the valve remote control system market. – PowerPoint PPT presentation

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Title: Valve Remote Control System Market Revenue to Hit $8.0 billion by 2023


1
Valve Remote Control System Market by Type
(Hydraulic, Pneumatic, Electric,
Electro-Hydraulic), Application (Marine And
Offshore), Valve Type (Ball, Globe, Butterfly,
Gate, Diaphragm, Plug, Check, and Safety), and
Region Global Forecast to 2023
www.MarketsandMarkets.com
2
On the basis of type, the pneumatic segment is
expected to hold the largest share of the
market. The pneumatic segment is projected to
grow at the highest CAGR during the forecast
period. The pneumatic segment is primarily driven
by cranes and hoists, palletizers and
de-palletizers, conveyors, automated storage, and
retrieval systems. The valve remote control
system plays a vital role to divert compressed
air to individual pneumatic actuators, and thus
drive the connected valve to open/close in the
system. Increase in demand for valves actuators
for the oil gas production is likely to boost
the Middle East Africa pneumatic valve remote
control system market due to the largest
petroleum reserves holding countries in the
region.   PDF Brochure https//www.marketsandm
arkets.com/pdfdownloadNew.asp?id132530162

3
The offshore voltage segment is expected to be
the fastest growing valve remote control system
market, by application type, during the forecast
period. The offshore valve remote control
system is expected to grow at the highest CAGR
from 2018 to 2023. The market is primarily driven
by the increased need for industrial valves from
oil gas production. The growing production of
oil sands and shale gas fuels increased the
demand for valve remote control systems in North
America. Moreover, the increased investments in
natural gas exploration and refineries are likely
to boost the offshore valve remote control system
market. Also, the increased drilling activities
in countries such as Saudi Arabia, the UAE, and
Algeria would positively impact the offshore
market during the forecast period. Get 10
Customization on this report https//www.marketsa
ndmarkets.com/requestCustomizationNew.asp?id13253
0162
4
Browse gtgt 63 market data
tables 26 figures
113 pages and in-depth TOC on Valve
Remote Control System Market - Global Forecast to
2023 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
Middle East Africa is expected to be the
leading valve remote control system market, by
region, during the forecast period. In this
report, the valve remote control system market
has been analyzed with respect to 5 regions,
namely, Asia Pacific, North America, South
America, Europe, and the Middle East Africa.
The Middle East Africa led the global valve
remote control system market in 2018. Saudi
Arabia, UAE, and Oman are the largest valve
remote control system markets in the region.
These countries are investing in their grid
expansion projects to increase distribution grid
reliability. Saudi Arabia accounted for the
largest share of the Middle East Africa valve
remote control system market in 2017 and is
estimated to have the highest installed valve
remote control systems during the forecast
period. Request Sample _at_ https//www.marketsandm
arkets.com/requestsampleNew.asp?id132530162
6
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the valve
    remote control system market. The key players
    include
  • Key players -
  • Emerson (US),
  • Rotork (UK),
  • Wartsila (Finland),
  • KSB (Germany),
  • Nordic (Singapore), etc.
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_reportNew.asp?id132530162

7
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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