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Market research analysts at Technavio predict that the global motorized control valves market will grow steadily over the next four years and post a CAGR of more than 4% by 2021. This market research analysis identifies the increasing demand for water and wastewater management plants as one of the key growth factors of the global motorized control valves market. The increasing need for portable water among the consumers is propeling the growth of the global motorized control valves market. Various governments are also investing in water treatment plants to provide uninterrupted water supply to the residential areas. To reduce contamination and to retain the quality of water, governments are increasingly investing in pipelines and water distribution systems. The growing adoption of water distribution systems especially among the developing economies, will in turn, contribute to the growth of the motorized control valves market over the next few years.
The motorized control valves market is also witnessing an increase in the use of simulation software. Consumers in the market are looking for software that is cost-effective and involves minimal operational expenses. To meet the increasing demand for the consumers, vendors in the market are focusing on producing software with customized designs. Also, the vendors are virtually prototyping products through simulation to meet the exact requirements of the end-users. This, in turn, will reduce the overall operational expenses and additional expenses associated with the manufacture of the product.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Tags: pressure relief valve, solenoid valve, automation software, automation services, automation market analyst, automation market growth,
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