Market News Latest

ZHAOWEI Micro-Drive System Help Enterprises Break the Industrial Barriers of the Control Valve

 Breaking News
  • No posts were found

ZHAOWEI Micro-Drive System Help Enterprises Break the Industrial Barriers of the Control Valve

November 22
11:24 2022

Shenzhen Zhaowei Machinery & Electronics Co., Ltd (ZHAOWEI) today exhibits its micro gearboxes and introduces micro-drive system solutions in China Hi-Tech Fair, among which a gearbox that designed for control valve has attracted widespread attention

As a control component in the transportation system of various types of fluids such as air, steam, corrosive chemical media, liquid metal and radioactive substances, control valves are widely used in major construction projects and industrial segmentations. Among them, oil and gas, energy and power, refining and chemical industries are the most important application fields of control valves. According to Precedence Research, by 2027, the demand for control valves in the oil and gas industry is expected to exceed US$2 billion and the global control valve market is valued to exceed US$11,998 million with a CAGR of 9.71% during the assessment period.

The global market for control valves can be segmented into the Americas, Asia Pacific, Europe, Middle East, Africa and South America. Among them, the strong demand for control valves from India, China, Japan, South Korea and other countries will continue to consolidate the dominance of Asia Pacific in the global market. According to Precedence Research, the control valve market in Asia Pacific is forecast to grow at a CAGR of 9.74%. Despite being an early adopter of the latest valve technology, North American control valve sales are still second to Asia Pacific, who dominates the global control valve market. By 2027, North America’s control valve sales are expected to exceed $3.6 billion, up from the third-largest European market of $2.3 billion.

According to the analysis of relevant industry insiders, policy dividends are one of the important driving forces for the continuous expansion of the control valve market. The valve manufacturing industry belongs to the equipment manufacturing industry. The technological development level of equipment manufacturing industry directly reflects a country’s basic equipment manufacturing capability and industrial modernization level. In addition, in recent years, countries have been paying great attention to the development of manufacturing automation, and will take policy measures to encourage and support the manufacturing industry in a long period of time.

On the other hand, due to the relatively low capital barriers, technical barriers and policy barriers of the whole valve industry, the number of participants in the valve manufacturing industry has continued to increase, which has promoted the rapid expansion of the valve market globally. It is reported that there are more than 6,000 valve companies in China alone, of which include about 900 valve companies with an annual output value of more than 5 million yuan.

The base of enterprises that constitute the control valve market is large, but seen from the competition pattern, it can be found that the control valve market has been divided into low-end, mid-end and high-end markets with pyramidal distribution. Among them, the low-end market has the largest number of enterprises, with fierce competition and serious homogenization. Top control valve enterprises are still concentrated in North America. Though the Asia-Pacific region dominates the control valve market, its most enterprises are in the mid-market, and there is still a considerable gap of the production technology and quality of the valves between the mid-market and the high-end market.

Therefore, the key for enterprises in low-end and mid-end markets to leap into the high-end market lies in whether they can break through the technical barriers of the valve industry by virtue of their own innovation capabilities and product manufacturing processes. ZHAOWEI, a China enterprise, who deeply committed to the field of micro drive, has designed a customizable control valve drive system for the valve manufacturers. This drive system adopts an integrated design, complies with IP54 protection rating and has a certain self-locking capability. Besides, the gearbox inside the system is made of plastic casing and powder metallurgy gears and equipped with stepper motors. In virtue of its characteristics of small size, high temperature resistance, large load capacity, low noise, and long service life, it can provide technical support for control valve manufacturers to break through the industry barriers.

With the popularization of manufacturing automation and the expansion of control valve application range in a variety of fields, it is foreseeable that the new application of automation technology will carry out all-round transformation and upgrading of the traditional manufacturing industry. As the core component of industrial automation control, control valve manufacturers must improve their own level of automation construction, attach great importance to the market opportunities brought by manufacturing automation transformation, realizing product upgrades, reducing costs and increasing efficiency, and model innovation, and promote the benignity of the control valve industry. 

Media Contact
Company Name: Shenzhen Zhaowei Machinery & Electronics Co. Ltd.
Email: Send Email
City: Shenzhen
Country: China
Website: https://www.zwgearbox.com/industrial-equipment-drive/drive-systems-for-industrial-valve