Industry and News Pneumatic Valves Market | Page 2

Technically, valves used for pneumatics can be bifurcated into four groups on the basis of their function namely as direction control valve, non-return valve, flow control valves and pressure control valves. Commercial domains such as airline maintenance, railways, heavy automobiles and manufacturing plants deploy pneumatic valves to their devices for better mechanics and functioning. Developed countries with higher industrial infrastructure propel the pneumatic valve market growth. Hence, the pneumatic valve market is anticipated to rise at a higher CAGR during the forecast period. Pneumatic valves industry is driven by factors such as growing use of pneumatic valves in manufacturing and mechanical domain. Additionally, the rising usage in heavy automobiles is likely to propel the market growth in the forecast period. However, factors such as high-end maintenance and shortage of skilled personnel are likely to impede the market growth during forecast period. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/pneumatic-valves-market Pneumatic valves industry is segmented into linear motion, rotary motion, specialty and self- actuated valve, based on type of pneumatic valve. Linear motion type is further sub-segmented into gate, globe, diaphragm and pinch valve. Rotary motion type is further sub-segmented into butterfly, ball and eccentric plug valve. Based on type of industry, the pneumatic valve industry is segmented into waste and waste water treatment, marine, oil & gas, chemical, refining, paper & pulp, mining, healthcare energy/power and construction. Pneumatic valves industry is geographically segmented into North America, Latin America, Asia- Pacific, Middle-East and Africa. APAC regions such as China, India and Japan are expected to rise at a higher CAGR in the forecast period owing to heavy presence of manufacturing industries. North American market is anticipated to grow at a higher CAGR during the forecast period due to technological expansions in this domain. Middle-East and African regions are expected to witness a moderate CAGR owing to use of pneumatic valves in oil-fields. The key players in the pneumatic valves industry include Honeywell International Inc, Emerson Inc, Tyco International Ltd, KITZ