Flowing freely: Rising industrial activity will spur growth despite international competition

The Industrial and Fluid Power Valve Manufacturing industry has benefited from steadily rising demand for flow control devices from all sectors of the economy. However, increasingly difficult operating conditions and weakened demand from several key markets have hurt industry performance. Additionally, decelerating growth in the nondurable goods manufacturing sector has constrained demand for general-purpose valves and hydraulic equipment from these markets. Moviong forward, operating conditions are expected to improve, though volatility in the world price of oil and other commodities is likely to continue constraining demand from the energy and industrial markets...purchase to read more.

Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 12-17
-1.8%
Forecast Growth 17-22
Profit
Employment
69,471
Businesses
919

Industry Threats & Opportunities

  • Operating conditions are expected to improve, but volatile oil prices will constrain demand
  • Companies that primarily manufacture fluid power valves have outperformed the industry as a whole
  • Activity in the water and sewage systems sector is expected to climb
  • Industry Report - Industry SWOT Analysis Chapter

    The Valve Manufacturing industry is in the mature phase of its life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to grow at a marginal annualized rate of 0.5% during the 10 years to 2022. In contrast, GDP is anticipated to rise at an annualized rate of 2.0% during the 10-year period. The industry is expected to underperform the economy as a whole during this period due to its highly cyclical nature; despite growing impressively from 2012 to 2014, recent economic woes have led to massive losses and placed downward pressure on industry revenue and margins in 2015 and 2016. The...purchase to read more.

    Additional Insights for the Industrial & Fluid Power Valve Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Industrial & Fluid Power Valve Manufacturing Industry are

  • Environmental compliance
  • Automation
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Trade-weighted index in the Industrial & Fluid Power Valve Manufacturing industry impact industry performance..

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    What's in this report

    What is the Industrial & Fluid Power Valve Manufacturing Industry?

    This industry manufactures industrial and fluid power (hydraulic and pneumatic) valves, other flow control devices and related parts, including assemblies, couplings and fittings. Valves are integral to a broad range of industrial and general applications, including manufacturing, waterworks and energy. Residential plumbing fixtures, trim and general purpose valves and fittings are not included in this industry (see IBISWorld report 33291 for a broader look at the valves industry).

    Industry Products
  • Gate, globe and check valves
  • Ball, butterfly and plug valves
  • Electronic and solenoid-operated valves
  • Other industrial valves
  • Hydraulic power valves
  • Pneumatic power valves
  • Hydraulic hose, parts, couplings and accessories
  • Industry Activities
  • Manufacturing industrial valves and related parts
  • Manufacturing fluid power valves and related parts
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Trade-weighted index
  • Demand from oil and gas extraction
  • Value of utilities construction
  • World price of steel

  • Current Performance
  • Key markets
  • Product trends and profitability
  • International trade and industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Key markets
  • Industry structure and trade
  • Future trends
  • Table: Industrial & Fluid Power Valve Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Industrial & Fluid Power Valve Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Utilities
  • Manufacturing
  • Petroleum Refining
  • Petrochemical Manufacturing
  • Chemical Product Manufacturing
  • Aircraft, Engine & Parts Manufacturing

  • Key Selling Industries
  • Ferrous Metal Foundry Products
  • Industrial Machinery & Equipment Wholesaling
  • Nonferrous Metal Foundry Products Manufacturing
  • Plastic & Resin Manufacturing
  • Rubber Product Manufacturing
  • Screw, Nut & Bolt Manufacturing

  • Products & Services
  • Gate, globe and check valves
  • Hydraulic hose, parts, couplings and accessories
  • Ball, butterfly and plug valves
  • Hydraulic power valves
  • Other industrial valves
  • Electronic and solenoid-operated valves
  • Pneumatic power valves
  • Other
  • Chart: Industrial & Fluid Power Valve Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Export markets
  • Energy
  • Heavy manufacturing
  • Construction
  • Aerospace
  • General manufacturing
  • Other
  • Chart: Major Market Segmentation for the Industrial & Fluid Power Valve Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLaborOther
  • Chart: Cost Structure Benchmarking – Sector vs Industrial & Fluid Power Valve Manufacturing

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Industrial & Fluid Power Valve Manufacturing Industry

  • Industry Globalization
    Emerson Electric Company, Parker-Hannifin Corporation,
  • Table: Emerson Electric Company - financial performance
  • Table: Parker-Hannifin Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Industrial & Fluid Power Valve Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Industrial & Fluid Power Valve Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Industrial Production Index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Ball Valve
  • A valve with a spherical disc, the part of the valve that controls the flow through it.
  • Butterfly Valve
  • A valve consisting of a pair of semicircular plates that are attached to a spindle across a pipe and hinged to allow flow only one way.
  • Hydraulic Valve
  • A fluid power valve that controls the flow of liquid.
  • Pneumatic Valve
  • A fluid power valve that controls the flow of gas.
  • Predictive Diagnostics
  • Valve technology in which microprocessors share performance-based and other data with computerized monitoring systems.
  • Shut-Off Valve
  • A valve designed to close a pipe or section of pipe works and is commonly used to shut off heating systems.
  • Solenoid Valve
  • A valve actuated by a solenoid, for controlling the flow of gases or liquids in pipes.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industrial & Fluid Power Valve Manufacturing Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Industrial & Fluid Power Valve Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Industrial & Fluid Power Valve Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Industrial & Fluid Power Valve Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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