Global Valve Interlock Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Valve Interlock Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Valve Interlock market size was valued at USD 118.7 million in 2022 and is forecast to a readjusted size of USD 159.6 million by 2029 with a CAGR of 4.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global 5 largest manufacturers of Valve Interlocks are Halma Group, Haake Technik, Alcatraz Interlocks, ENEX GROUP and Gloazure, which make up nearly 70%. Among them, Halma Group dominates with nearly 55% production value share, followed by Haake Technik (10%) and Alcatraz Interlocks (5%). Europe is the largest market, holding a share over 80%, followed by North America and Asia-Pacific, with shares 10% and 5% separately.

There are two product types of Valve Interlocks, including Handwheel Valve Interlock and Handle Valve Interlock. The leading type is Handwheel Valve Interlock, with a market share over 60%.

In terms of application, Valve Interlocks is mainly used in Oil and Gas, Power, Chemical, Water Treatment and others. The largest segment is Oil and Gas, accounting for nearly 40%.

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. Alter natively a 'single keyed interlock' only allows removal of the locked open or closed key when the valve is in the correct locking position.

This report is a detailed and comprehensive analysis for global Valve Interlock market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Valve Interlock market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Valve Interlock market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Valve Interlock market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global Valve Interlock market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Valve Interlock

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Valve Interlock market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Halma Group, Haake Technik, Alcatraz Interlocks, ENEX GROUP and Gloazure, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Valve Interlock market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Handwheel Valve Interlock
Handle Valve Interlock

Market segment by Application
Oil and Gas
Power
Chemical
Water Treatment
Others

Major players covered
Halma Group
Haake Technik
Alcatraz Interlocks
ENEX GROUP
Gloazure
Brooksbank Valves
Shanghai Kaiyan Mechanical Equipment
SECUMS INTERLOCKS

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Valve Interlock product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Valve Interlock, with price, sales, revenue and global market share of Valve Interlock from 2018 to 2023.

Chapter 3, the Valve Interlock competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Valve Interlock breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Valve Interlock market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Valve Interlock.

Chapter 14 and 15, to describe Valve Interlock sales channel, distributors, customers, research findings and conclusion.