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ARC Study Predicts Long-Term Growth for Control Valve Sales

After suffering through a couple of difficult years, control valve suppliers should be in for better times starting in 2011, according to a new study by ARC Advisory Group. The study predicts continued sluggish sales in the control valve market in 2010, followed by moderate growth in the years ahead.

The study cites several reasons for long-term optimism about control valve sales, including increased demand from the energy industry and developing economies in China, India, Brazil, and the Middle East.

ARC-Valve-Sales Control-valve-region

“Manufacturers have recognized that automation is key to survival in the global economy and there are crucial factors that will continue to drive the use of automation, fueling control valve market growth. These automation drivers include growing demands for energy savings, higher productivity, increased production accuracy, better product quality, greater manufacturing agility to satisfy changing market demands, additional condition monitoring, better process control, increased safety functionality, greater capability for collaborative processes, and additional assurance regarding regulatory compliances,” according to Senior Analyst David Clayton, the principal author of ARC’s Control Valve Worldwide Market Outlook.

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