Valves for Power Market (Updated Version Available)

The Valves for Power market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Valves are devices that are used to control, direct, and regulate the flow and pressure of gases, liquids, and fluidized solids.These valves can be operated electrically, pneumatically, and hydraulically.
This industry research report identifies the increase in number of combined cycle gas turbine (CCGT) power plants to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Coal is the most commonly used fuel for power production. Though coal power plants are preferred over other power plants due to the cost factor, the increasing focus of governments and environmentalists in reducing the emission of greenhouse gases, has resulted in the rise in number of natural gas-based power plants. The increased production of natural gas, the decrease in its prices, and stringent emission norms implemented in several developed countries, will compel the power sector to transition from fossil fuel power generation to CCGT technology that also has benefits such as less emission of CO2, NOx, and SO₂ when compared to coal-powered plants. Since gas turbines use valves in several applications including fuel control, false start drain, intel guide vane actuation, air purge control, and reverse flow prevention, the expected increase in the number of CCGT gas turbines in the coming years, will drive the growth of this market.
In the global Valves for Power market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In global market, the following companies are covered:
Curtiss-Wright
Cameron
Emerson Electric
Flowserve
Weir
Alfa Laval
IMI Critical Engineering
KSB
Neway Valve
Valvitalia
Velan
Watts Water Technologies
L&T Valves
GE

Market Segment by Product Type
Quarter-Turn Valves
Multi-Turn Valves
Control Valves

Market Segment by Application
Power Station
Ower Transmission Station

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Valves for Power market for the forecast period 2020 - 2025?
• What are the driving forces in the Valves for Power market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Valves for Power industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?