SOURCE: Frost & Sullivan

Frost & Sullivan

March 03, 2011 09:48 ET

Complete Solutions Are the Order of the Day in the Hydraulic Valves Market, Finds Frost & Sullivan

MOUNTAIN VIEW, CA--(Marketwire - March 3, 2011) - The proliferation of high-power density applications, greater sophistication in automation and the escalating demand for fully integrated solutions have bolstered the revenue growth rates of the North American hydraulic valves market. Valve companies that have a pulse on the market are increasingly offering integrated solutions, as customers prefer these to component-level items.

Customers have gained maximum value in terms of energy efficiency and low overall operational cost through complete solutions. Hydraulic valves' installation efficiency is critical for improved performance of the overall system, further enhancing the demand for fully integrated solutions. New analysis from Frost & Sullivan (, North American Hydraulic Valves Market, finds that the market earned revenues of $1.10 billion in 2009 and estimates this to reach $1.43 billion in 2016.

If you are interested in more information on this study, please send an e-mail to Britni Myers, Corporate Communications, at, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

"The vendors are no longer considered pure suppliers of stand-alone components but as providers of integrated solutions replete with design, installation, maintenance and consulting services," said Frost & Sullivan senior research analyst Surraj K R. "End users are ready to pay a premium for advanced equipment and valves that are a part of a whole system."

While this heightened demand provides valve manufacturers with reasons to feel optimistic, end users' issues of high energy and labor costs have increased the pressure on them to anticipate and deliver better products and services. The dynamic nature of the market has further challenged them to identify and adapt to such requirements.

Majority of the hydraulic valves market has reached maturity and is grappling with typical hurdles such as price wars and competition from alternative technologies. As many established application areas in the major end-user segments are witnessing modest or low growth, manufacturers are beginning to test new areas for fresh business opportunities.

To succeed in this competitive market, it is vital for manufacturers to either extend their product range to cater to the specific demands of each application or identify niche market areas for their existing products. For instance, it is crucial for a valve manufacturer providing the agriculture market with small-sized mechanical valves to incorporate electronic controls in the products, as the market is likely to need automatic mobile equipment to counter mounting labor cost. A continued focus on better technology expects to boost user confidence and regenerate demand.

"The advancements in controls, material technology and superior construction techniques have helped the hydraulic valve manufacturers to overcome the existing challenges regarding precision motion control," said Surraj. "These design enhancements not only aims at obtaining products that are more effective but also focuses on other factors such as lowered maintenance costs and simplicity of operations."

In addition to products, manufacturers also need to focus on developing and improving customer relations and support as well as implementing client service training for employees to retain their customer base.

North American Hydraulic Valves Market is part of the Power Transmission Growth Partnership Services program, which also includes research in the following markets: North American hydraulics valves market; North American pneumatic filters, regulators, lubricators and accessories market; North American pneumatic actuators and valves market; economic outlook for the world motors and drives industry and hydraulic equipment market for industrial applications. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

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North American Hydraulic Valves Market