Global Water Pressure Reducing Valves Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. Water pressure reducing valves are specifically employed to decrease uneven water pressure and generating constant even pressure. In addition, these valves assist to cut down water bill, conserve water and safeguard plumbing & appliances. There are primarily two categories of water pressure reducing valves namely direct acting and pilot operated.
The factors that propel the growth of the Water Pressure Reducing Valves Market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as growing awareness among people, wide range of applications and rising need of water conservation significantly fuel the market growth.
Water Pressure Reducing Valves Market is classified on the basis of product type, applications, distribution channel and geography. The market is segmented by product type as direct acting type and pilot operated type. Water Pressure Reducing Valves Market is classified on applications as commercial, residential and industrial. Water Pressure Reducing Valves Industry is segmented by distribution channel as online stores, specialty stores and others. Water Pressure Reducing Valves Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa. By geography, North America is projected to account a significant share of the market. In contrast, Asia Pacific is expected to be the fastest growing region in the Water Pressure Reducing Valves Market.
Some of the key players that fuel the growth of the Water Pressure Reducing Valves Market include Apollo Valves, BERMAD, Conbraco, Cla-Val, ERHARD, Flomatic, GF Piping Systems, Goetze KG, LA T.I.S. SERVICE SPA, Leser, RMC, Raphael Valves Industries, Singervalve, SOCLA, TECOFI, Watts, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Market Segment:Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Water Pressure Reducing Valves in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Direct acting type
• Pilot operated type
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Water Pressure Reducing Valves for each application, including
• Commercial
• Residential
• Industrial
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