TechNavio today launched its report Global Flow Control Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The Global Flow Control market receives some of its revenue from the Municipal sector. Increasing urbanization in developing countries enhances the demand for flow control products for water desalination processes. The increasing lack of uncontaminated water is the major reason to adopt filtration products by municipals. Therefore, the demand for filtration products for desalination processes is expected to double during the forecast period. Thus, many vendors have begun to focus on water desalination processes, which show immense potential in the market.”
According to the report, the Global Flow Control market is driven by Process industries such as Water Management, Paper and Pulp, Oil and Gas, Energy, Petrochemicals, and Thermal Management. The market receives the majority of its revenue from process manufacturing industries. The Global Process industry is growing at a rapid rate, which in turn is creating more opportunities for the Global Flow Control market. In addition, the Process industry is growing at a faster rate in developing countries than in developed countries. Therefore, the market vendors are seeing a large number of opportunities and potential from the Process industry across the world.
Further, the report discusses that the price war faced by vendors in the Global Flow Control market is one of the major challenges.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-flow-control-market-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Flow Control Market 2011-2015
