Hundreds of valves are installed in a large power plant to manage water and stream flows. Valves are commonly used to regulate a flow or process pressure, or to relieve a pipe system of a specific pressure. A motorized valve is a valve that opens or closes with the help of an electric motor. A variety of remote fluid control applications, such as agricultural irrigation, aircraft deicing, and automated fire suppression, can benefit from motorized valves. Furthermore, motorized heating valves have gained popularity as electrically controlled valves used in central heating systems to limit or control the flow of heated water throughout the house.
The modernization of existing facilities is being accelerated by a growing awareness of how automation can drive efficiency and reduce downtime in a variety of end-user industries. Adoption and development of smart valves are expected to become a key trend in the global motorized valves market as industries increasingly consider the implementation of automated equipment and industrial components. As a result, a higher deployment of motorized valves in various end-user industries is expected in the coming years, providing lucrative growth opportunities for stakeholders.
Motorized Valves Market – Competitive Landscape
- In December 2018, Emerson acquired a leading manufacturer of innovative valve technology, Advanced Engineering Valves. The acquisition enabled Emerson to provide its customers with the world’s most extensive portfolio of valves to enhance process performance & reliability.
- In March 2018, Valworx introduced a new line of electric actuators named 5618a series, available for the company’s all types of valves, such as lead-free brass, stainless steel, and PVC ball valves.
Motorized Valves Market – Segmentation
Based on type, motorized valves market is segmented into:
- Gate Valve
- Butterfly Valve
- Ball Valve
Based on application, motorized valves market is segmented into:
- Oil & gas
- Water and wastewater
- Power generation
- Mining
- Chemicals
- Foundries
Based on distribution channel, the motorized valves market is segmented into:
- Hypermarkets & Supermarkets
- Online Channel
- Indirect Sales
To Understand How Our Report Can Bring Difference to Your Business Strategy, Ask for a Sample Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=3559