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Top Valves Manufacturers You Need to Know About in 2023

Published
Published Date : Apr 2023
Author : Pratibha Bhattacharjee
Biography : Sr. content writer at Brand Essence Market Research. Passionate about content curation in the market research vertical. Always striving to create reliable and engaging industry-based content.

Valves are mechanical devices used to control the flow of fluids (liquids or gases) in a system. They are commonly used in a wide range of industries, such as oil and gas, chemical, water treatment, and many others, to control the flow of fluids in various processes.

The Top Valves manufacturers are-

Emerson Electric Co.

Market Position or History

In March 2021, Emerson acquired OSI, a leading provider of real-time automation solutions for the power and utilities industries. This acquisition strengthens Emerson's capabilities in grid optimization and enhances its ability to deliver innovative solutions for customers in the power sector.

Business Overview and Strategy

The company was established by John W. Emerson in 1890. Its headquarters are located in Ferguson, Missouri, United States. It is known for manufacturing industrial goods for a wide array of sectors. Apart  from that, it also offers engineering services to numerous industries. Its diverse product portfolio includes motors, generators, control valves, and power tools, among others.

Emerson is envisioned at becoming the premier technology company providing innovative solutions to customers in the industrial, commercial, and residential markets. It aims  to achieve this by delivering innovative products and services that improve the quality of life, enhance safety, and reduce environmental impact.

Strengths

  • It has a global presence and customer reach in over 150 countries.
  • It has a strong commitment to sustainability and environmental responsibility.
  • The company has robust research and development capabilities.

Weaknesses

  • It is exposed to foreign exchange and geopolitical risks.
  • It shows inconsistent revenue growth in certain business segments.
  • It has a limited presence in certain product categories.

Schlumberger Limited

Market Position or History

In February 2021, Schlumberger acquired a minority stake in Liberty Oilfield Services, a leading provider of hydraulic fracturing services in the US. This investment expands Schlumberger's capabilities in the shale oil and gas market and strengthens its partnership with Liberty.

Business Overview or Strategy

Headquartered in Houston, Texas, United States, the company was established in 1926.       It is a leading provider of oilfield services, including drilling, exploration, production, and reservoir characterization, and offers a broad range of technologies and solutions that help its customers optimize their operations and improve their financial performance.

Schlumberger’s products and services include software, artificial intelligence, data analytics, drilling equipment, production systems, and many others, and it is committed to innovation and sustainability in all aspects of its business.

Strengths

  • It has a strong brand recognition and reputation.
  • It has an experienced management team with a track record of success.
  • The company has a strong position in the oil & gas industry.

Weaknesses

  • It faces competitive pressure from international and domestic companies.
  • It witnesses complexity of operations and supply chain management.
  • It has limited exposure to renewable energy and alternative fuels.

Alfa Laval AB

Market Position or History

In March 2021, Alfa Laval acquired StormGeo, a Norwegian provider of weather intelligence and decision support services. This acquisition expands Alfa Laval's digital offering and strengthens its position in the marine and offshore industries.

Business Overview and Strategy

Oscar Lamm and Gustaf de Laval established this company in 1883. Its headquarters are located in Lund, Sweden. It manufactures specialized products and solutions for the heavy industry. Most of the products manufactured by Afla Laval are used  to heat, cool, separate, and carry products used in heavy industry applications.

Its strategy is focused on sustainable growth, innovation, and customer satisfaction. The company aims to achieve profitable growth by developing and delivering innovative products and solutions that meet the evolving needs of its customers while also reducing their environmental impact.

Strengths

  • It has a diversified product portfolio.
  • It has extensive R&D capabilities and focus on innovation.
  • It has a global presence and established customer base.

Weaknesses

  • It faces intense competition from the other companies operating in this industry.
  • It relies on a limited number of large customers for a significant portion of its revenue.

Flowserve Corporation

Market Position or History

In December 2020, Flowserve acquired Innovative Mag-Drive, a German manufacturer of magnetic drive pumps and systems. This acquisition strengthens Flowserve's portfolio of specialty pumps and expands its presence in the chemical and pharmaceutical industries.

Business Overview and Strategy

Established in 1997, the company has its headquarters in Irving, Texas, United States. It has emerged as one of leading suppliers of environmental and industrial  machinery including end face mechanical seals, valves, and pumps, among others. It caters to the requirements of industries such as oil & gas, chemical, and power, among others.

Flowserve’s primary vision is to be a global leader in providing fluid motion and control solutions that enable customers to meet their critical needs for safety, reliability, and environmental stewardship. Its vision is guided by its commitment to excellence, integrity, and social responsibility, and its goal is to be a trusted partner to its customers, employees, and stakeholders.

Strengths

  • It has well established distribution channels.
  • It has extensive engineering expertise and focus on innovation.
  • The company has a strong commitment to safety and environmental responsibility.

Weaknesses

  • It is vulnerable to fluctuations in demand and economic conditions.
  • It witnesses high capital expenditure requirements for research and development.

Crane Holdings Co.

Market Position or History

In January 2022, Crane Co. acquired Westlock Controls, a Canadian manufacturer of valve monitoring and control products. This acquisition strengthens Crane's position in the valve automation and control market and expands its presence in the energy and process industries.

Business Overview and  Strategy

Richard T. Crane established the company in 1855. Its headquarters are located in Stamford, Connecticut, United States. manufacturer of engineered products and components for a variety of industries, including aerospace, defense, fluid handling, and payment and merchandising technologies. Its products and solutions are designed to improve the efficiency, reliability, and safety of critical applications.

Crane Co. is committed to sustainability and social responsibility, and strives to create value for its customers, employees, and shareholders through innovation, operational excellence, and strategic acquisitions.

Strengths

  • It shows a strong financial position and solid balance sheet.
  • It has excellent relations with suppliers and customers.
  • It has a strong focus on operational excellence and continuous improvements.

Weaknesses

  • It is vulnerable to supply chain disruptions and shortages of critical components.
  • It is exposed to legal and regulatory risks.
  • It is susceptible to cybersecurity threats and potential data breaches.
SUMMARY

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