Global Motorized Control Valves Market: Key Players
Chief industry participants in the motorized control valves market include Danfoss, Cair Euromatic Automation, Emerson Electric, and Pentair. Other prominent vendors include Belimo, Marsh Automation, Hitachi, Honeywell, Avcon Controls, Schubert & Salzer, BI-TORQ Valve Automation, Rotork, Flowserve, Hansen Technologies, and A.u.K. Müller GmbH. The market is fragmented in nature with several regional players competing international vendors in the industry segment. Industry participants are increasingly focusing on reducing the overall operational expenses through minimizing raw material consumption and reducing overall production time. Utilization of simulation software to estimate the exact operational outputs and customization requirements is a key trend identified in the market. Use of simulation in the designing and manufacturing stages are featured to reduce the time consumption by 30% as compared to the conventional methods.
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