The control valves, actuators, and positioners market in India is largely driven by process industries, which are under multiple pressures: to improve energy management; adhere to standards and regulations; streamline production processes; and reduce costs. Economic instability and exchange rate fluctuations caused some uncertainty in 2011 but the market is still growing. India’s domestic demand driven market propels rapid industrialization and economic growth. Growth is further regulated by monetary and fiscal policies. While the economy of India has slowed down due to weakening external demand, the robust domestic demand continues to remain strong. Due to its domestic-demand-driven economy, India has emerged as one of the fastest growing economies in the world.
According to ARC Advisory Group’s research, the total control valve, actuator, and positioner market in India will register CAGR of over 7.5 percent by 2016. ARC’s latest study, “Control Valves for India Market Research Study” provides an in-depth analysis of the control valve, actuator, and positioner business in India. In addition to market analysis and forecasts, the study also covers the current market nuances, strategic issues, and the future outlook. The report also highlights the factors that influence the control valve market in India and its dynamics.
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