The UAE Instrumentation Valves and Fittings Market is Projected to Grow at a CAGR of 8.7% During 2020-2026
The UAE instrumentation valves and fittings market witnessed moderate growth during the period 2016-2019 as the country was recovering from the effects of the oil crisis that led to the downfall in demand from the oil & gas sector. With the recovery in oil prices and the growing industrial sector, the market for industrial valves and fittings began to show signs of stable growth in 2018 and 2019 after witnessing slow growth in 2017. Additionally, the pandemic COVID-19 hit the country in 2020, that gave a double blow to the UAE Economy in terms of oil price crash due to weak global demand and domestic lockdown imposed in the country to curtail the community spread of the virus. This has resulted in project halts and suspension of economic activities that would lead to a sharp decline in market revenues in 2020. However, recovery is expected in the market post-2020, with the gradual opening of economic activities and rising demand.
According to this research, the UAE Instrumentation Valves and Fittings Market is projected to grow at a CAGR of 8.7% during 2020-2026F. Rising investment in the industrial, marine & shipbuilding, and social infrastructure development projects under various programs such as the UAE Vision 2021, Maritime Vision 2030, and Dubai’s Industrial Strategy 2030 would drive the demand for Instrumentation valves & fittings in UAE in the near future. Furthermore, the Abu Dhabi Supreme Petroleum Council greenlighted ADNOC’s $132 billion investment to expand the state’s energy firm’s oil and gas production capacities thus, boding well for the instrumentation valve and fittings market in the UAE over the upcoming years.
In the UAE, the Abu Dhabi region captured the majority of the market revenue share in 2019, and the region is expected to dominate the overall market in the forecast period as well. Upcoming projects such as Barakah nuclear power plant, Ruwais industrial complex, desalination plants, chemical pipelines, and Al Taweelah Alumina Refinery along with Abu Dhabi Economic Vision 2030 would propel the demand for the instrumentation valves & fittings market in the Abu Dhabi region in the years to come.
The report thoroughly covers the market by valves types, fittings types, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the report:
- UAE Instrumentation Valves and Fittings Market Size and UAE Instrumentation Valves and Fittings Market Forecast for the Period, 2020-2026
- Historical Data and Forecast of UAE Instrumentation Valves and Fittings Market Revenues, for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Valves Market Revenues for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Valves Market Revenues, By Types, for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Valves Market Revenues, By Applications, for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Fittings Market Revenues for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Fittings Market Revenues, By Types, for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Fittings Market Revenues, By Applications, for the Period 2016-2026
- Historical Data and Forecast of UAE Instrumentation Valves and Fittings Market Revenues, By Regions, for the Period 2016-2026
- UAE Instrumentation Valves and Fittings Market Share, By Companies
- Market Drivers and Restraints
- UAE Instrumentation Valves and Fittings Market Trends
- UAE Instrumentation Valves and Fittings Market Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Share, By Regions
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Products:
Instrumentation Valves
- By Types
- Ball
- Double Block and Bleed (DBB)
- Needle
- Manifold
- Check
- Diaphragm
- Others (Metering Valves, Annular, Plug Valves, etc.)
- By Applications
- Oil & Gas
- Marine & Shipbuilding
- Industrial
- Others (Power Utilities, Water & Wastewater Treatment Plants, Textile, etc.)
Instrumentation Fittings
- By Types
- Tube
- Pipe
- Biopharm
- Hose
- Weld
- Others (Vaccum Fittings, Hydraulic Fittings, etc.)
- By Applications
- Oil & Gas
- Marine & Shipbuilding
- Industrial
- Others (Power Utilities, Water & Wastewater Treatment Plants, Textile, etc.)
By Regions
- Abu Dhabi
- Dubai
- Other Emirates
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. UAE Instrumentation Valves and Fittings Market Overview
3.1 UAE Instrumentation Valves and Fittings Market Revenues, 2016-2026F
3.2 UAE Instrumentation Valves and Fittings Market-Industry Life Cycle
3.3 UAE Instrumentation Valves and Fittings Market-Porter’s Five Forces
4. UAE Instrumentation Valves and Fittings Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. UAE Instrumentation Valves and Fittings Market Trends
6. UAE Instrumentation Valves Market Overview
6.1 UAE Instrumentation Valves Market Revenues, 2016-2026F
6.2 UAE Instrumentation Valves Market Revenue Share, By Types, 2019 & 2026F
6.2.1 UAE Ball Valves Market Revenues, 2016-2026F
6.2.2 UAE Double Block and Bleed (DBB) Valves Market Revenues, 2016-2026F
6.2.3 UAE Needle Valves Market Revenues, 2016-2026F
6.2.4 UAE Manifold Valves Market Revenues, 2016-2026F
6.2.5 UAE Check Valves Market Revenues, 2016-2026F
6.2.6 UAE Diaphragm Valves Market Revenues, 2016-2026F
6.2.7 UAE Other Valves Market Revenues, 2016-2026F
6.3 UAE Instrumentation Valves Market Revenue Share, By Applications, 2019 & 2026F
6.3.1 UAE Industrial Application Instrumentation Valves Market Revenues, 2016-2026F
6.3.2 UAE Marine & Shipbuilding Application Instrumentation Valves Market Revenues, 2016-2026F
6.3.3 UAE Oil & Gas Application Instrumentation Valves Market Revenues, 2016-2026F
6.3.4 UAE Other Application Instrumentation Valves Market Revenues, 2016-2026F
7. UAE Instrumentation Fittings Market Overview
7.1 UAE Instrumentation Fittings Market Revenues, 2016-2026F
7.2 UAE Instrumentation Fittings Market Revenue Share, By Types, 2019 & 2026F
7.2.1 UAE Tube Fittings Market Revenues, 2016-2026F
7.2.2 UAE Pipe Fittings Market Revenues, 2016-2026F
7.2.3 UAE Biopharm Fittings Market Revenues, 2016-2026F
7.2.4 UAE Hose Fittings Market Revenues, 2016-2026F
7.2.5 UAE Weld Fittings Market Revenues, 2016-2026F
7.2.7 UAE Other Fittings Market Revenues, 2016-2026F
7.3 UAE Instrumentation Fittings Market Revenue Share, By Applications, 2019 & 2026F
7.3.1 UAE Industrial Application Instrumentation Fittings Market Revenues, 2016-2026F
7.3.2 UAE Marine & Shipbuilding Application Instrumentation Fittings Market Revenues, 2016-2026F
7.3.3 UAE Oil & Gas Application Instrumentation Fittings Market Revenues, 2016-2026F
7.3.4 UAE Other Application Instrumentation Fittings Market Revenues, 2016-2026F
8. UAE Instrumentation Valves and Fittings Market Overview, By Regions
8.1 UAE Instrumentation Valves and Fittings Market Revenue Share, By Regions, 2019 & 2026F
8.1.1 UAE Instrumentation Valves and Fittings Market Revenues, By Abu Dhabi Region, 2016-2026F
8.1.2 UAE Instrumentation Valves and Fittings Market Revenues, By Dubai Region, 2016-2026F
8.1.3 UAE Instrumentation Valves and Fittings Market Revenues, By Other Emirates, 2016-2026F
9. Upcoming/Ongoing Projects in UAE
10. UAE Instrumentation Valves and Fittings Market-Opportunity Assessment
10.1 UAE Instrumentation Valves Market-Opportunity Assessment
10.1.1 UAE Instrumentation Valves Market-Opportunity Assessment, By Types, 2026F
10.1.2 UAE Instrumentation Valves Market-Opportunity Assessment, By Applications, 2026F
10.2 UAE Instrumentation Fittings Market-Opportunity Assessment
10.2.1 UAE Instrumentation Fittings Market-Opportunity Assessment, By Types, 2026F
10.2.2 UAE Instrumentation Fittings Market-Opportunity Assessment, By Applications, 2026F
10.3 UAE Instrumentation Valves and Fittings Market-Opportunity Assessment, By Regions, 2026F
11. UAE Instrumentation Valves and Fittings Market Competitive Landscape
11.1 UAE Instrumentation Valves and Fittings Market Revenues Share, By Companies, 2019
11.1.1 UAE Instrumentation Valves Market Revenues Share, By Companies, 2019
11.1.2 UAE Instrumentation Fittings Market Revenues Share, By Companies, 2019
11.2 UAE Instrumentation Valves and Fittings Market Competitive Benchmarking
11.2.1 UAE Instrumentation Valves Market Competitive Benchmarking, By Technical Parameters
11.2.2 UAE Instrumentation Valves Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles
12.1 Hy-Lok Corporation
12.2 Swagelok Inc.
12.3 Parker Hannifin Corporation
12.4 Safelok Components Ltd
12.5 MET-LOK Valves and Fittings
12.6 FITOK Group
12.7 BMT CO., LTD. (SUPERLOK)
12.8 CIRCOR International, Inc.
12.9 DK-Lok Corp.
12.10 Astec Valves and Fittings Pvt. Ltd.
13. Key Strategic Recommendations
14. Disclaimer
List of Figures
1. UAE Instrumentation Valves and Fittings Market Revenues, 2016-2026F ($ Million)
2. Non-Oil Sector Gross Domestic Product, 2014-2019 ($ Billion)
3. Average Crude Oil Price, 2018-2021 ($ per Barrel)
4. UAE Instrumentation Valves Market Revenues, 2016-2026F ($ Million)
5. UAE Instrumentation Valves Market Revenue Share, By Types, 2019 & 2026F
6. UAE Instrumentation Valves Market Revenue Share, By Applications, 2019 & 2026F
7. UAE Instrumentation Fittings Market Revenues, 2016-2026F ($ Million)
8. UAE Instrumentation Fittings Market Revenue Share, By Types, 2019 & 2026F
9. UAE Instrumentation Fittings Market Revenue Share, By Applications, 2019 & 2026F
10. UAE Instrumentation Fittings Market Revenue Share, By Types, 2019 & 2026F
11. UAE Instrumentation Valves and Fittings Market Revenues, By Abu Dhabi Region, 2016-2026F ($ Million)
12. UAE Instrumentation Valves and Fittings Market Revenues, By Dubai Region, 2016-2026F ($ Million)
13. UAE Instrumentation Valves and Fittings Market Revenues, By Other Emirates, 2016-2026F ($ Million)
14. UAE Instrumentation Valves Market Opportunity Assessment, By Types, 2026F
15. UAE Instrumentation Valves Market Opportunity Assessment, By Applications, 2026F
16. UAE Instrumentation Fittings Market Opportunity Assessment, By Types, 2026F
17. UAE Instrumentation Fittings Market Opportunity Assessment, By Applications, 2026F
18. UAE Instrumentation Valves and Fittings Market Opportunity Assessment, By Regions, 2026F
19. UAE Instrumentation Valves Market Revenue Share, By Companies, 2019
20. UAE Instrumentation Fittings Market Revenue Share, By Companies, 2019
List of Tables
1. UAE Imports, Non-Oil Exports and Re-Exports Values, 2018-2019 ($ Billion)
2. UAE Instrumentation Valves Market Revenues, By Types 2016-2026F ($ Million)
3. UAE Instrumentation Valves Market Revenues, By Applications 2016-2026F ($ Million)
4. UAE Instrumentation Fittings Market Revenues, By Types 2016-2026F ($ Million)
5. UAE Instrumentation Fittings Market Revenues, By Applications 2016-2026F ($ Million)
6. Oil & Gas Sector Upcoming Mega Projects in UAE
7. Upcoming/on-going Projects in UAE Water Management Sector
8. Under Execution and Committed Water Transmission Network Development Projects in UAE
Samples
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Companies Mentioned
- Astec Valves and Fittings Pvt. Ltd.
- BMT CO., LTD. (SUPERLOK)
- CIRCOR International, Inc.
- DK-Lok Corp.
- FITOK Group
- HY-LOK Corporation
- MET-LOK Valves and Fittings
- Parker Hannifin Corporation
- Safelok Components Ltd
- Swagelok Inc.
