Product Code:406222
Published Date: Dec 19,2022
Pages: 107
Region: Global
Category: Machinery & Equipment
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A valve interlock is a trapped key lock assembly which locks the valve in one or two positions - open and/or closed - with one key trapped within the lock assembly and one key free. It's about controlling the sequence of events, conducting different valve process activities.To change the valve position (open-to-close or close-to-open), two keys need to be inserted into the lock assembly. The free key can only be released when the valve is in the open or closed position. Alternatively a 'single keyed interlock' only allows removal of the locked open or closed key when the valve is in the correct locking position. The global market for Valve Interlocks is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. The APAC Valve Interlocks market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028. The United States Valve Interlocks market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028. The Europe Valve Interlocks market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028. The China Valve Interlocks market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028. Global key Valve Interlocks players cover Sofis, Fluid Interlocks, Castell, Alcatraz Interlocks and Haake Technik, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021. Report Coverage This latest report provides a deep insight into the global Valve Interlocks market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc. This report aims to provide a comprehensive picture of the global Valve Interlocks market, with both quantitative and qualitative data, to help readers understand how the Valve Interlocks market scenario changed across the globe during the pandemic and Russia-Ukraine War. The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units. Market Segmentation: The study segments the Valve Interlocks market and forecasts the market size by Type (Mechanical, Electric and Others), by Application (Chemical Industry, Oil & Gas, Food & Beverage and Others), and region (APAC, Americas, Europe, and Middle East & Africa). Segmentation by type Mechanical Electric Others Segmentation by application Chemical Industry Oil & Gas Food & Beverage Others Segmentation by region Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries Major companies covered Sofis Fluid Interlocks Castell Alcatraz Interlocks Haake Technik Gloazure Allen Bradley SECUMS Interlocks BTS Co., Ltd. Tapeswitch Enclosure Solutions Chapter Introduction Chapter 1: Scope of Valve Interlocks, Research Methodology, etc. Chapter 2: Executive Summary, global Valve Interlocks market size (sales and revenue) and CAGR, Valve Interlocks market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028. Chapter 3: Valve Interlocks sales, revenue, average price, global market share, and industry ranking by company, 2017-2022 Chapter 4: Global Valve Interlocks sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa. Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type. Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace Chapter 10: Manufacturing cost structure analysis Chapter 11: Sales channel, distributors, and customers Chapter 12: Global Valve Interlocks market size forecast by region, by country, by type, and application. Chapter 13: Comprehensive company profiles of the leading players, including Sofis, Fluid Interlocks, Castell, Alcatraz Interlocks, Haake Technik, Gloazure, Allen Bradley, SECUMS Interlocks and BTS Co., Ltd., etc. Chapter 14: Research Findings and Conclusion