As per this study the Global Subsea Valves Market was valued USD 290 MN (by revenue) in 2017 and is anticipated to reach USD 368.9 MN by 2024 with a CAGR of 3.5%.
 
Subsea valves are used for isolation, extraction and to meet processing requirements within underwater mining, offshore wind power, and oil and gas. Basically, it controls the flow of components from the submarine pipeline. Subsea values are designed to impart resistance from salt-water corrosion, water leakage and to sustain in a high external pressure environment. These are extensively used in the submarine environment for transportation of oil and gas in an effective manner.
 
Objectives of the Study:

• Define and measure the global subsea valves market
• Revenue forecast of the global subsea valves market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
Market Dynamics
 
Rising demand for energy across the globe and increasing investment in offshore investment are the prominent factors driving the market growth. Rising subsea, submarine and oil & gas projects to fulfill the global energy demand is further boosting the market growth. The rise in investment by key players for the development of innovative products to serve end-use industries is presumed to foster the market growth. However, fluctuating crude oil prices is restraining the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of subsea valves.
 
Market Segmentation
 
The broad subsea valves market has been sub-grouped into type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Type

• Ball
• Gate
• Needle
• Check
• Others

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for subsea valves in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Subsea Valves Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the subsea valves market includes BuTech, Oliver Valves Ltd., Cameron, Cortec LLC, DAFRAM S.p.A., Flowserve Corporation, L.B. Bentley Ltd., Perar S.p.A. and PetrolValves. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.