Motion Control Valves Market: Introduction
- A motion control valve is a key component of electromechanical systems. Motion control valves improve efficiency and stability of machines by handling load movement during negative force acceleration. These valves are adjustable and designed with several pressure ranges to suit different specifications of electromechanical devices and pneumatic actuation systems.
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Key Drivers of the Global Motion Control Valves Market
- Rising demand across end-use industries can be identified as a key driver of the global motion control valves market. Over the years, the importance of motion control technology has increased significantly across the aerospace and military sector to operate a diverse range of hydraulic and electro pneumatic systems. Fluid power engineers prefer motion control valves to design efficient and advanced motion-control systems. Motion-control technology is applied to increase machine reliability, productivity, and product uniformity at reduced manufacturing costs.
Demand for Motion Control Systems in the Medical Industry a Key Opportunity
- The healthcare sector around the world exhibits strong demand for motion control valves as the use of medical devices has increased significantly in recent years. Improved technology and automation of medical equipment drives the demand for motion control components. Advancement in heart surgery equipment and rising demand for innovative biomedical devices are key trends in the global medical device industry. Moreover, many consumer electronics companies are collaborating with medical device manufacturers to leverage their technology in this industry.
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Impact of COVID-19 on the Global Motion Control Valves Market
The pandemic has affected both the upstream and downstream side of the industry’s supply chain. Manufacturers have adopted digital platforms for product promotion, customer interaction, and employee training, with the cancellation of trade shows and exhibitions.
Asia Pacific to Become a Major Market for Motion Control Valves by 2030
- Based on geography, the global motion control valves market can be classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC)
- Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market covers the motion control valves market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast of the motion control valves market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America motion control valves market is categorized into Brazil, and Rest of South America.
- Rising investment in aerospace, defense, and automotive industry is anticipated to boost the demand for motion control valves during the forecast period. Furthermore, governments in countries such as India and China are increasingly supporting local production and domestic brands in automotive and defense industries. This, in turn is anticipated to drive the demand for motion control valves in defense and automotive industries.
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Key Players Operating in the Global Market
Key manufacturers operating in the global market for motion control valves are focused on innovation and technology advancement to offer industry specific products. International partnerships, IoT based supply chain management, strategic acquisitions, and online product distribution are important business strategies of key industry players.
Some of the major companies identified in the global motion control valves market are:
- Christian Burkert
- Alfa Laval
- KSB Group
- Kitz Corporation
- Curtiss-Wright Corporation
- Flowserve Corporation
- Trillium Flow Technologies
- Neway Valve
Global Motion Control Valves Market: Research Scope
Global Motion Control Valves Market, by Type
- Pneumatic Control Valve
- Electric Control Valve
- Hydraulic Control Valve
- Others (Self-Operated Control Valve, etc.)
Global Motion Control Valves Market, by Industry
- Oil & Gas
- Others (Power Generation, etc.)
Global Motion Control Valves Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
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