Control Choke Valves mostly used in oil and gas production wells to control the flow of well fluids being produced. They can also be used to kill the preservoir pressure from the reservoir and regulate the pressure in the flow lines. They are mostly used in naturally aspirated engines to supply a rich fuel mixture while starting the engine. Choke valves are usually designed to handle any erosive service.
This report contains market size and forecasts of Control Choke Valves in global, including the following market information:
Global Control Choke Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Control Choke Valves Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Control Choke Valves companies in 2021 (%)
The global Control Choke Valves market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fixed Choke Valves Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Control Choke Valves include Schlumberger, Cyclonic Valve Company, Alfa Laval, Emerson, Wright Valve Group, Jereh Oilfield, Master Flo, Weir Group and GE Oil & Gas and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Control Choke Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Control Choke Valves Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Control Choke Valves Market Segment Percentages, by Type, 2021 (%)
Fixed Choke Valves
Adjustable Choke Valves
Global Control Choke Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Control Choke Valves Market Segment Percentages, by Application, 2021 (%)
Oil & Gas
Power Generation
Water & Wastewater
Mining
Chemical
Others
Global Control Choke Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Control Choke Valves Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Control Choke Valves revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Control Choke Valves revenues share in global market, 2021 (%)
Key companies Control Choke Valves sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Control Choke Valves sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Cyclonic Valve Company
Alfa Laval
Emerson
Wright Valve Group
Jereh Oilfield
Master Flo
Weir Group
GE Oil & Gas
IMI Critical Engineering