A relief valve or pressure relief valve (PRV) is a type of safety valve used to control or limit the pressure in a system; pressure might otherwise build up and create a process upset, instrument or equipment failure, or fire. The pressure is relieved by allowing the pressurized fluid to flow from an auxiliary passage out of the system. The relief valve is designed or set to open at a predetermined set pressure to protect pressure vessels and other equipment from being subjected to pressures that exceed their design limits. When the set pressure is exceeded, the relief valve becomes the "path of least resistance" as the valve is forced open and a portion of the fluid is diverted through the auxiliary route.
This report contains market size and forecasts of High Rate Discharge Valve in global, including the following market information:
Global High Rate Discharge Valve Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global High Rate Discharge Valve Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five High Rate Discharge Valve companies in 2021 (%)
The global High Rate Discharge Valve market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Automatic Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of High Rate Discharge Valve include OML, AVK, Gebr. Kemper, Pony, VAG, WamGroup, Parker, Motoyama Seisakusho and ERL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the High Rate Discharge Valve 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 High Rate Discharge Valve Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global High Rate Discharge Valve Market Segment Percentages, by Type, 2021 (%)
Automatic
Manual
Global High Rate Discharge Valve Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global High Rate Discharge Valve Market Segment Percentages, by Application, 2021 (%)
Municipal Drainage
Architecture
Factory
Others
Global High Rate Discharge Valve Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global High Rate Discharge Valve 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 High Rate Discharge Valve revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies High Rate Discharge Valve revenues share in global market, 2021 (%)
Key companies High Rate Discharge Valve sales in global market, 2017-2022 (Estimated), (K Units)
Key companies High Rate Discharge Valve sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
OML
AVK
Gebr. Kemper
Pony
VAG
WamGroup
Parker
Motoyama Seisakusho
ERL
Neles
Gemco Valve
Everlasting Valve
ValvTechnologies