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In the industrial valves category, the category managers are shifting towards tailored sourcing models in their procurement process. The buyers prefer to engage with the suppliers who can offer industrial valves based on operational parameters. The parameters include voltage, valve co-efficiency, and type of flow. Such suppliers can help the buyers ensure maximum compatibility with existing legacy equipment. This procurement report also offers detailed insights into the supply landscape and the major regulatory frameworks to help buyers achieve cost savings.
Why should you buy the report?
The industrial valves procurement category offers a comprehensive analysis of the key category growth drivers, and the procurement pain points to help the buyers identify cost-saving opportunities. In this procurement report, the category spend is analyzed-both from the buyers' and the suppliers' perspective. The procurement insights offered in this report will help the buyers:
The industrial valves category is anticipated to witness an increase in the global category spend until 2022. Key market developments, such as the increasing adoption of smart valves and growing adoption of 3D printing for manufacturing complex valves will boost the category spend over the next couple of years. According to this procurement report, APAC and Europe are the regions which will contribute to a majority of the global market share. It also offers a coverage of:
The industrial valves category will witness a promising growth, owing to the increasing demand for applications among the end-user industries. At present, oil and gas and wastewater management are the industries that will drive the category spend over the years. This procurement report, which is a part of SpendEdge's facility management services, states that the rise in offshore oil projects and stringent regulations will influence the growth of the market. This procurement report also provides detailed information on:
Understand the supply landscape
In the industrial valves market, global suppliers have higher profit margins due to economies of scale and high implementation of automation. As a result, the buyers in the industry should leverage profit margins of global suppliers. This helps the buyers ensure price discounts during the procurement process. Additional insights offered in procurement report include:
The buyers of industrial valves prefer suppliers who are efficient in the integration of valves. Such suppliers can help the buyers ensure technical competence for manufacturing and installation of the most advanced valves. As a result, the buyers in the category can reduce TCO of industrial valves. This procurement report also offers adequate insights on:
An analysis of the top five suppliers and their core capabilities is also offered in this procurement report on the industrial valves category.
PART 1: CATEGORY AT A GLANCE
PART 2: SCOPE OF THE REPORT
PART 3: MARKET INSIGHTS
PART 4: SUPPLY MARKET INSIGHTS
PART 5: PRICING INSIGHTS
PART 6: PROCUREMENT INSIGHTS
PART 7: TOP FIVE SUPPLIERS
PART 8: APPENDIX
SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.