Detailed forecasting of market shares by valve type and industry are available. Valve forecasts are first segmented by control vs on/off and then by eight valve types and then by fifteen industries. This results in 240 forecasts for each supplier. There are no authoritative sources for valve sales and certainly not for market shares. In fact since many valves are sold through distributors the supplier may not know how many of his valves are being purchased by a particular industry. However, it is well worthwhile to create approximate segmentations. A detailed analysis is much more valuable for decisions relative to R&D, sales, and manufacturing than a general forecast. Here is an example showing estimated 2018 Metso globe control valve sales. This shows that control globe valve market share for power can be determined and then the average market share applied to each purchaser. So in this case Metso has a 2% market share so they should generate revenue of $ 80,000 at J Power to meet their average Click Here For Complete Insights Text
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