Registering a CAGR of 12.6% over the forecast period, the market value of Nuclear Valves is expected to reach US$ 1890.8 million in the year 2027.
Nuclear Valves Market Overview
The nuclear valves market is anticipated to be worth USD 1203 million in 2017 and USD 1890.8 million by 2027, representing a CAGR of 12.6% over the forecast period.
Valves are used for many applications at a nuclear facility. During normal operation and transients, valves are needed for the nuclear facility's process control and regulation, and during accidents, valves are used to manage safety functions. It is important to the safety of a nuclear facility that the integrity and performance of valves installed at the plant is assured until the end of their specified service life in those postulated situations and conditions that may prevail in their service places.
The report also assesses the key opportunities in the Nuclear valve market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Nuclear Valves Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.
Who are the Major Players in the Nuclear Valves Market?
The global Nuclear Valves includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Velan, Emerson-Fisher, Copes-Vulcan (SPX FLOW), IMI CCI, Henry Pratt, Samshin Limited, Metrex Valve, Daher-Vanatome, KSB, VAG-Armaturen GmbH, Schroeder Valves, BNL Industries, Inc., Babcock Valves, Vector Valves, Toa Valve Engineering Inc., The Great British Valve Group, Dynamic Controls Ltd., ESI Technologies Group, FIRSA Valves, Sitindustrie Valvometal, Fluitek Orsenigo Valves, L?T Valves, PECO Valves, Ridhiman Alloys, Jiangsu Shentong Valve, Zhonghe SuFa, Neway Valve, Shanghai LiangGong, Shanghai EHO Valve, Soovalve and others.
Industry News and Updates:
Velan ABV wins another significant contract with MODEC
Velan ABV has signed contracts with MODEC for the supply of riser and topside actuated valves, as well as compact manual ball valves, for their new FPSO MV31 Guanabara vessel. The FPSO will be deployed at Petróleo Brasileiro S.A.'s Mero (former Libra) field (Petrobras). The product line includes high and ultra-high pressure forged valves. Their compact design, which is much lighter than the standard, will significantly contribute to customers' efforts to reduce total vessel weight.
What are the major Applications, Types, and Regions for the Nuclear Valves Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- Gate Valve
- Globe Valve
- Butterfly Valve
- Ball Valve
- Check Valve
- Diaphragm Valve
- Other
By Application, it is segmented into
- Nuclear Island (NI)
- Convention Island (CI)
- Balance of Plant (BOP)
Nuclear Valves Market Regional Analysis
Because of the region's already established high-end technology, North America is expected to hold the majority market share in the global isolation and safety valves market over the forecast period.
MEA is expected to grow rapidly due to increased investment in oil and gas exploration in the region. Increasing industrial development as a result of the Middle East's shifting role from raw goods supplier to refined product supplier is also expected to contribute significantly to regional market growth over the forecast period.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Nuclear Valves Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Nuclear Valves Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Nuclear Valves Market report scope?
Report Attributes
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Report Details
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Report Title
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Nuclear Valves Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Velan, Emerson-Fisher, Copes-Vulcan (SPX FLOW), IMI CCI
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Forecast Period 2022 to 2027 CAGR
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CAGR of 12.6% over the forecast period (2022-2027)
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By Type
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- Gate Valve
- Globe Valve
- Butterfly Valve
- Ball Valve
- Check Valve
- Diaphragm Valve
- Other
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By Application
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- Nuclear Island (NI)
- Convention Island (CI)
- Balance of Plant (BOP)
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By Companies
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Velan, Emerson-Fisher, Copes-Vulcan (SPX FLOW), IMI CCI, Henry Pratt, Samshin Limited, Metrex Valve, Daher-Vanatome, KSB, VAG-Armaturen GmbH, Schroeder Valves, BNL Industries, Inc., Babcock Valves, Vector Valves, Toa Valve Engineering Inc., The Great British Valve Group, Dynamic Controls Ltd., ESI Technologies Group, FIRSA Valves, Sitindustrie Valvometal, Fluitek Orsenigo Valves, L?T Valves, PECO Valves, Ridhiman Alloys, Jiangsu Shentong Valve, Zhonghe SuFa, Neway Valve, Shanghai LiangGong, Shanghai EHO Valve, Soovalve
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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135
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Nuclear Valves Report
- Evaluate Nuclear Valves market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Nuclear Valves market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Nuclear Valves Market is studied from 2017 - 2027.
What is the growth rate of the Nuclear Valves Market?
The Nuclear Valves Market is growing at a CAGR of 12.6% over the next 5 years.
Who are the key players in Nuclear Valves Market?
Velan, Emerson-Fisher, Copes-Vulcan (SPX FLOW), IMI CCI, Henry Pratt, Samshin Limited, Metrex Valve, Daher-Vanatome, KSB, VAG-Armaturen GmbH, Schroeder Valves, BNL Industries, Inc., Babcock Valves, Vector Valves, Toa Valve Engineering Inc., The Great British Valve Group, Dynamic Controls Ltd., ESI Technologies Group, FIRSA Valves, Sitindustrie Valvometal, Fluitek Orsenigo Valves, L?T Valves, PECO Valves, Ridhiman Alloys, Jiangsu Shentong Valve, Zhonghe SuFa, Neway Valve, Shanghai LiangGong, Shanghai EHO Valve, Soovalve
What regions does this Nuclear Valves Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Nuclear Valves Market?
Gate Valve, Globe Valve, Butterfly Valve, Ball Valve, Check Valve, Diaphragm Valve, Other
What are the major end-use applications of the Nuclear Valves Market?
Nuclear Island (NI), Convention Island (CI), Balance of Plant (BOP)
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
