Pneumatic Electromagnetic Valves Market size is forecast to reach $X billion by 2025, after growing at a CAGR X% during 2020-2025. Pneumatic driven valves are responsible for controlling the pressure, rate, and amount of air moving through a system, and the Electromagnetic Driven Valves use electrical current to generate a magnetic field to operate a mechanism that regulates the fluid flow opening in a valve. GE Aviation in the USA will establish a world-class pneumatics laboratory to test jet engine components under a full range of temperatures, pressures, and other conditions. The budget of the Advanced Engineering Pneumatic Research Laboratory (AdEPT) is about $13 million with the latest facility dedicated to measuring large, high-precision components including engine pneumatic valves, starter systems, and other systems. The US generates vast amounts of electricity, it has more than 225 power plants, One electric company has 12 separate branches running hydroelectric, natural, coal, and nuclear projects in various nations. The rising need for energy would start to create infrastructure and raise the market for electromagnetic pneumatic valves.
The report: “Pneumatic Electromagnetic Valves Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Pneumatic Electromagnetic Valves Market.
By Type: Two Way Valves, Three-Way Valves, Four Way Valves, Others
By System: Electromagnetic Driven Valve, Pneumatic Driven Valve, Electro-Pneumatic Valve
By Operation: Direct Acting Valves, Pilot Operated Valves, Manual Reset Valves
By Industry: Aerospace, Automobile, Oil and Gas, Railways, Chemical Industry, Pulp and Paper, Power Generation, Plastics, Pulp And Paper, Pharmaceuticals, Textile, Agriculture, Others
By Geography: North America, South America, Europe, APAC, ROW.
Throughout the forecast period, Three-Way Valves is predicted to rise the fastest CAGR 5.43 percent. The use of pneumatic three-way valve technology is focused on ISO International Standards to ensure that the goods are safe, of reasonable quality and highly effective for uptime.
The highest CAGR in the forecast period is projected to rise in Chemical Industry. According to the National Accounts Figures 2017 released by the Central Figures Office (CSO), in 2015-16, chemical and agricultural goods excluding pharmaceuticals (Industry Division 20 of NIC 2008) accounted for 1.27% of GVA (2011-12 prices) relative to 1.19% in 2014-15.
With a share of 4.58 per cent, North America is projected to have the largest share in the Pneumatic Electromagnetic Valves industry. New innovations in the automotive sector have boosted the demand for automobiles in America which has had a major impact on the valve business.
Power generation and oil & gas industry will fuel the development of the market for pneumatic electromagnetic valves. Industrialization in developing countries contributing will enhanced demand for smart components.
Pneumatic Electromagnetic Valves Market Segment Analysis - By Type
On the basis of Type, Three Way Valves is expected to grow the highest CAGR 5.43% in the forecast period. Adoption of three-way pneumatic valve technology is based on ISO International Standards to ensure that the products are safe, of good quality, and highly effective for uptime. This model can be used strategically to reduce costs through improved systems and procedures, as well as to reduce errors and eliminate waste through increased productivity. The valve is normally defined by its kvs [m3/h] value, which expresses the volume of water passing through the fully open valve in 1 hour with a difference of 1 bar in pressure. The total flow remains constant in three ways valve and the liquid circuit is split into two loops, constant and variable flow rate, in applications where it is used. A three-way control valve may be used to power and monitor surfaces for heating or cooling, radiator systems, floor heating/cooling and much more.
Pneumatic Electromagnetic Valves Market Segment Analysis - By Industry
On the basis of Industry, Chemical Industry is expected to grow the highest CAGR in the forecast period. According to the National Accounts Statistics 2017 released by the Central Statistics Office (CSO), in 2015-16, the chemical and industrial products except pharmaceuticals (Industry Division 20 of NIC 2008) accounted for 1.27% of GVA (prices for 2011-12) compared to 1.19% in 2014-15. GF Piping Systems has introduced a new generation of solenoid diaphragm valve which offers non-corrosive connections in the chemical sector. Instead of the commonly used four metal screws this valve was installed with a central plastic housing nut. It is defined by a homogeneous temperature behavior, even surface pressure and a high pressure level of up to 240 psi (for water usage only). Metso Corporation has agreed to invest in a new greenfield valve manufacturing center in Jiaxing, China, which would support numerous sectors in both local and global markets, such as oil and gas, aerospace, chemicals and others.
Pneumatic Electromagnetic Valves Market Segment Analysis - By Geography
North America is expected to hold the largest share inPneumatic Electromagnetic Valves Market with a share of 4.58%. New innovations in the automobile sector have boosted car demand in America that has greatly affected the valve business. About 11.3 million vehicles and trucks were assembled at one of 46 vehicle manufacturing plants in America prior to 2018. This tremendous development results in an improvement in the usage of pneumatic electromagnetic valves. Linamar spent $500 m in January 2018 to finance the development of the latest electrified vehicle engines.
The growing installation of such valves further leads to the rise in the demand for valves. In the oil and gas and power production sectors, the pneumatic valves are gradually being installed. The Mexican electricity industry has expanded by an average of 2.9 per cent since 2000, which has had a more beneficial effect on the demand for pneumatic valves. Growing automotive production in Mexico and expanded pneumatic valve installation greatly affected the valve sector. In 2017, Mexico produced 13.63 percent of light-duty automobiles sold in the U.S. which clearly demonstrates the rise in the Mexican automobile industry that further led to the rise of the pneumatic valve sector.
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