The Industrial Valves Market Share is projected to reach a value of USD 109.67 billion by 2030, compared to its valuation of USD 77.12 billion in 2022. This represents a compound annual growth rate (CAGR) of 4.5% over the forecast period from 2023 to 2030.

The Industrial Valves Market is expected to witness substantial growth in the coming years, driven by various factors such as increasing industrialization, infrastructural development, and the need for efficient flow control systems. With the rising demand for energy, water, and other resources, the importance of reliable and high-performance valves has become paramount across industries.

Furthermore, the implementation of stringent regulations and standards pertaining to safety and environmental concerns has further propelled the demand for advanced industrial valves. These valves play a crucial role in ensuring the smooth operation of various processes, minimizing leakage, and optimizing energy consumption.

The market's growth trajectory is also influenced by technological advancements, such as the integration of smart valves with IoT capabilities. These intelligent valves offer real-time monitoring, remote control, and predictive maintenance features, enhancing operational efficiency and reducing downtime.

Geographically, the Asia-Pacific region is expected to dominate the Industrial Valves Market, driven by rapid industrialization and infrastructure development in countries like China and India. The region's expanding manufacturing sector, coupled with the increasing investments in oil and gas, water treatment, and power generation industries, is fueling the demand for industrial valves.

In conclusion, the Industrial Valves Market is poised for significant growth in the coming years, driven by factors like industrialization, infrastructural development, and the need for efficient flow control systems. Technological advancements and the integration of smart valves are further expected to propel market growth. With the Asia-Pacific region leading the way, the market is set to reach a valuation of USD 109.67 billion by 2030, growing at a CAGR of 4.5% from 2023 to Increasing demand for automation and remote monitoring solutions in industries such as oil and gas, water and wastewater, and pharmaceuticals will be key factors driving the growth of the smart valves market.

 

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KEY MARKET SEGMENTATION

 ByBY TYPE

  • Ball Valves
  • Butterfly Valves
  • Check Valves
  • Gate Valves
  • Globe Valves
  • Diaphragm Valves
  • Plug Valves
  • Safety Valves

BY COMPONENT

  • valve body
  • Actuators
  • others

BY MATERIALS

  • Alloy Based
  • Bronze
  • Cast Iron
  • Brass
  • Steel
  • Plastic
  • Cryogenic
  • Others

BY SIZE

  • Less than 1”
  • 6”
  • 7- 25”
  • 26- 50”
  • More than 50”

BY END-USER

  • Oil & Gas
  • Energy & Power
  • Chemicals
  • Pulp & Paper
  • Metals & Mining
  • Agriculture
  • Water & Wastewater Treatment
  • Food & Beverages
  • Building & Construction
  • Pharmaceuticals & Healthcare
  • Others  

 

Key Players

The key players in industrial valves are Emerson Electric, Schlumberger, Flowserve Corporation, IMI plc, Neles Corporation, Spirax Sarco Limited, Crane, Conbraco Industries Inc, Kitz Corporation, Trillium Flow Technologies, Bray International & Other Players.

 

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Table of Contents

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 forces model
  7. PEST Analysis
  8. Industrial Valves Market Segmentation, by type
  9. Industrial Valves Market Segmentation, by component
  10. Industrial Valves Market Segmentation, by materials
  11. Industrial Valves Market Segmentation, by size
  12. Industrial Valves Market Segmentation, by End-User
  13. Regional Analysis
  14. Company Profile
  15. Competitive Landscape
  16. Conclusion

 

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