Valves in Gas Transport Market in North America
Reportbuyer.com just published a new market research report: Valves in Gas Transport Market in North America.
London (PRWEB) September 23, 2013
Continued Investments in Conventional and Unconventional Resources Ignite Growth
This research service identifies the major industry challenges, market drivers and restraints, and key trends in technology and distribution for the North American valves in gas transport market. Moreover, this research provides comprehensive forecasts for the total market for the gas transport end-user segment. The forecasts also include insight into the growth trends for three product segments: multi-turn valves, quarter-turn valves, and self-acting and control valves. A competitive analysis and Mega Trends that relate to the market are also included. The regions covered in this study include the United States and Canada, the base year is 2012, and the forecasts run through 2019.
•Heavy growth in pipeline infrastructure due to the ongoing extraction activities of conventional and unconventional gas reserves is a major growth factor.
•Demand for crude oil is rising after several years of negative growth, which could affect the growth of the valves market in gas transportation.
•This sector will not witness any major technological changes in upcoming years, and hence companies must start investing into research and development (R&D) to compete with the low-cost imports from Asian manufacturers.
•The market is expected to grow at compound annual growth rate (CAGR) of X percent.
•From 2012 to 2014 the market is expected to witness slow growth because of the local presence of natural gas, which makes it difficult to find high demand areas to transport to.
•By 2015, valves in the gas transport market will grow steadily but slowly through the end of the forecast period.
•The gas transport segment is witnessing investments in pipeline infrastructure, due to which the demand for valves will be high.
•Valves in gas transport will showcase a CAGR of X percent during the period under study.
•However, due to excessive production of gas all over North America and crude oil demand across various industry verticals, the growth will subside for a few years.
•Quarter-turn valves have the highest CAGR during the period under study because of their high demand in the gas transport market.
•Multi-turn valves are being replaced by quarter-turn valves because of their limited actuation capabilities. They will witness a low CAGR of X percent during the period under study.
•Self-acting and control valves will have a high demand because they can be easily monitored, as the pipelines lack human touch points.
1. The extraction of conventional and unconventional natural gas spurs the growth of pipelines.
2. Service and maintenance is the best tool to capture this highly fragmented market.
3. Investment into R&D is required to come out with innovative products in this market space.
4. Watch out for low-cost Asian supplies that are eating into the North American market share.
5. Remote asset management and high-speed direct drive are the key technologies to monitor.
A valve is defined in this study as a device that regulates, controls, and directs the flow of fluid-like liquids, gases, fluidized solids, and slurries. This is done by opening, partially obstructing, or closing the passageways. In this study we are looking at quarter-turn valves, multi-turn valves, self-acting valves, and control valves.
A quarter-turn valve is one in which the handle is turned 90 degrees between the operating positions. They are quick-opening/closing valves. Butterfly, spherical, plug, and ball valves are different types of quarter-turn valves.
Multi-turn valves have a threaded stem that has a linear displacement. Though the operation on this valve is slow, it offers stability and accuracy. Gate, globe, fixed-cone, needle, and pinch valves are different types of multi-turn valves.
Self-acting and Control Valves
Self-acting valves are controlled automatically due to rate of flow of fluid flowing through them. Control valves are those that regulate the flow of fluid in them depending on the signal they receive from an external source.
The End Users Considered for Revenue Calculation are Defined as Follows:
This is the midstream segment of oil and gas where there is a highly integrated distribution and transmission grid that can transport natural gas between any locations.
North American regions included in this study are:
Key Questions This Study Will Answer
•Is the valves in gas transport market growing, how long will it continue to grow, and at what rate?
•Who are the main competitors in the North American valves in gas transport market?
•What are the qualitative and quantitative trends affecting the valves in gas transport market?
•How will the structure of the market change with time? Is it ripe for acquisitions?
•Are the products/services offered today meeting customer needs, or is additional development needed?
•What are the dynamics of this mature market, and how does it look to pan out during the coming years?
Table of Contents
1. Executive Summary
2. Market Overview
3. Total Valves in Gas Transport Market
•External Challenges: Drivers and Restraints
•Forecast and Trends
•Market Share and Competitive Analysis
•Mega Trends and Industry Convergence Implications
4. CEO’s 360 Degree Perspective
5. The Last Word
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For the original version on PRWeb visit: http://www.prweb.com/releases/2013/9/prweb11150277.htm