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An on-off valve or shutoff valve controls the on-and-off supply of media to or within a fluid or gas system. These valves can only start or stop the flow of the media by operating at the fully open or fully closed position. Unlike control valves, these valves cannot regulate the rate of flow. An on-off valve installation consists of a valve body, actuator, switchbox, and accessories. The body includes a bonnet assembly and trim parts. Its design withstands fluid static pressure and differential pressure, allows fluid flow, provides pipe-connecting ends, and supports seating surfaces and a valve closure member.
Actuators are pneumatic, hydraulic, or electrically powered devices that provide the force to open and close the valve. Switchboxes monitor actuator movement and signals when an end position has been reached. Occasionally, the valve is directly controlled by the contacts of the switchbox. Accessories include electro-pneumatic transducers, pressure regulators, hand wheels, position indicators, and limit switches.
The On-Off Valves, Actuators, and Switchboxes market remains highly fragmented, comprising of very few globally established multinational manufacturers and hundreds of medium and small scale suppliers with a limited local presence. Many of the leading suppliers have been following an inorganic expansion strategy by actively seeking acquisition opportunities to rapidly boost their market share.
In this video, ARC’s Marketing Specialist Leena Kanickaraj interviews Vidya Prasad, Analyst and Author responsible for the On-Off Valves, Actuators, and Switchboxes Market Update.
Watch this video and learn more about the On-Off Valves, Actuators, and Switchboxes Market.
During the interview, you will hear more about:
Scope of this market analysis
Key Growth or Success Factors
Growth Inhibiting Factors
Strategies recommended to a buyer of this system
Other key trends
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