Deluge Valves Market to be valued at over US$ 2.4 Bn by 2032|Key Players-Viking Group Inc., Inbal Deluge Valve

Deluge Valves Market 2022 to 2032

The global deluge valves market is currently valued at US$ 1.56 Bn. Sales of deluge valves are projected to increase at 3.6% CAGR and be valued at over US$ 2.4 Bn by 2032. Increasing demand for lightweight deluge valves and rising preference for corrosion-resistant deluge valves are key trends in this space. Hydraulic release systems have more widespread applications and are projected to expand at a volume CAGR of 3.2% over the forecast period.

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The Deluge Valves Market is a rapidly growing industry due to the increasing demand for safety and fire prevention systems in various industries. Deluge valves are used to control the flow of water and help protect public and private buildings from fires. Deluge valves are designed to open quickly when activated by an alarm system, automatically releasing large volumes of water in a short amount of time to reduce potential fire damage.

Persistence Market Research recently published a report on the global deluge valves market. The report provides a detailed valuation of key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This market research report presents exclusive facts and figures about how the deluge valves market will grow over the forecast period of 2022 to 2032.

Key indicators of market background, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in Persistence Market Research's study in a comprehensive manner. This information can help readers understand the quantitative development projections of the market over the forecast period.

The study is relevant for stakeholders in the market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand the applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the deluge valves market, can leverage the information and statistics presented in this research report.

The report includes facts and figures related to the macro as well as micro-economic factors that are impacting market growth. The study also offers actionable insights based on the future trends in the deluge valves market. Furthermore, regional players and new entrants in the market can also use the information presented in this report to make business decisions and gain momentum in this space.

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Key Takeaways from Market Study

• By release system, pneumatic release deluge valves are anticipated to witness prominent demand growth at 3.8% CAGR by volume during the forecast period of 2022 to 2032.
• Among industrial applications, deluge valves with remote resetting functions are more prevalent. Several firms are concentrating on designing deluge valves that are lightweight and compact.
• The water application segment is projected to expand at a CAGR of 3.8% by value.
• By region, East Asia and South Asia Pacific are anticipated to witness substantial growth in the deluge valves market. Among these countries, sales of deluge valves in China, ASEAN countries, and India are expected to increase at a high CAGR in terms of volume.
• By end use, the oil & gas industry and chemicals sectors, together, are estimated to hold a prominent volume share of 39.4% in 2022.

"Construction projects across several countries are fuel demand for deluge valves. Non-residential segments and expanding infrastructure projects are projected to drive market expansion. Besides, crucial rules for deluge valves in firefighting systems are likely to fuel market growth," says a Persistence Market Research analyst.

Key Companies-

• Viking Group Inc.
• Inbal Deluge Valve
• Cla-Val Company
• Minimax GmbH
• BERMAD
• Mueller SV
• Flow-Tek Valves & Controls Inc.
• GW Sprinkler A/S
• SA Fire Protection Srl
• Draegerwerk
• Talis Group
• Johnson Controls
• Rapidrop Global Ltd
• NAFFCO FZCO
• Watts Water Technologies
• HD Fire Protection and more

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Research Methodology

In Persistence Market Research's report, an exclusive research methodology is utilized to conduct comprehensive research on the development of the deluge valves market, and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by analysts to ensure the precision and reliability of the conclusions.

Secondary resources are referred to by analysts during the evaluation of the market, which comprise facts and figures from the World Bank, IMF, US Energy Information Administration, International Energy Agency, local & regional government websites, white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers to provide insightful information.

Comprehensive information acquired from primary and secondary resources is validated from companies operating in the deluge valves market, to make Persistence Market Research's projections on the growth prospects of the market more accurate and reliable.

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