Water Treatment Industry Valves Market is expected to grow at a CAGR of 5.2% from 2022 to 2030

According to our latest market study on " Water Treatment Industry Valves Market US$ 16,282.87 million by 2030 Global and Regional Share, Trends, and Growth Opportunity Analysis - by Valve Type, Material Type, and Geography," the water treatment industry valves market was valued at US$ 10,853.95 million in 2022 and is projected to reach US$ 16,282.87 million by 2030; it is anticipated to record a CAGR of 5.2% from 2022 to 2030.

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Key Player -

• Velan Inc
• Alfa Laval Solution
• Flowserve Corporation,
• Emerson Electric Co
• Dutch Valve Vision
• Valco Group
• American AVK Co
• Kitz Corporation'
• Spirax Sarco Engineering Plc
• DeZURIK Inc

Growing Number of Smart City Initiatives Boost Water Treatment Industry Valves Market Growth

Smart cities are rapidly evolving as urbanization is increasing. Water and energy are two of the most often used resources in cities. The overuse of these resources is steadily depleting them, which can potentially result in a catastrophic occurrence in the future. Thus, governments and energy corporations across the globe are implementing smart water management, which promotes efficient wastewater management and treatment through the use of technology. A smart city uses technology to enhance operational efficiency and information transfer and improve both the quality of government services and citizen welfare.

This technology has proven to lead to prominent improvements in water management, dramatically altering the way cities manage their water supplies. Smart cities use innovative techniques to improve water management, resulting in more efficiency, cost savings, and proactive decision-making. The rise in technology adoption is due to its features that include collecting data, managing operations, and planning upgrades to support the transition to a more efficient and effective utility infrastructure in smart cities. Smart cities optimize water management operations with accurate and real-time data, allowing for increased infrastructure efficiency and resulting in decreased energy usage and expenditures.

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The integration of computer models, field data, and Supervisory Control and Data Acquisition (SCADA) systems can help streamline operations and identify areas for rehabilitation or improvement in a water system. Owing to the benefits of smart cities, governments of various countries are taking initiatives to develop smart cities.

According to Smart America, in June 2022, governments in the US cities such as San Jose, CA announced their plan to invest approximately US$ 41 trillion in infrastructure upgrades and the implementation of Internet of Things solutions over the next 20 years. Also, the European Union Commission's Horizon Europe objective aims to transform 100 cities into climate-neutral and smart by 2030. Such initiatives are projected to support the development of smart cities. These smart cities are expected to have a proper smart water management system and treatment activities, which require next-generation valves. Thus, the growing number of smart city initiatives is projected to increase the demand for the next-generation industry valves, which is likely to fuel the water treatment industry valves market growth in the coming years.

Water Treatment Industry Valves Market Analysis: Valve Type Overview

Based on valve type, the water treatment industry valves market is segmented into gate valves, butterfly valves, diaphragm valves, safety valves, check valves, ball valves, and others. The ball valve segment dominates the water treatment industry valves market share as it offers various benefits such as low maintenance, durability, and ease of operation. The rising focus on safety valve installation is expected to record the highest CAGR in the water treatment industry valves market in the coming years.

Butterfly valves are utilized to isolate and regulate the flow of different fluids and gases. Butterfly valves have a small installation footprint and are used for on-off or modulating services. Moreover, they are lightweight and cost-efficient owing to their simple design, easy maintenance and service, and much less structural assistance requirement than ball valves. The high-pressure durability of these valves propels the adoption of butterfly valves across various industries, including the water treatment industry, for controlling water flow across dams.

As Spain endeavors to modernize and optimize its water treatment infrastructure, the demand for advanced valve components within the water treatment industry will continue to rise in the future. The role of valves in controlling, regulating, and optimizing water flow is pivotal in ensuring the efficiency and reliability of water treatment plants. In addition, the focus on public-private partnerships for investment presents a lucrative opportunity for businesses.

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