Control Valve Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | BELIMO AIRCONTROLS (CAN), Inc. Bray International, Inc. CIRCOR INTERNATIONAL, INC.

Control valve market is anticipated to grow at a moderate CAGR of 13.1% during the forecast period (2024-2031). The market growth is attributed to the increasing adoption of industrial automation with the use of smart control valves in end-use industries such as water & wastewater treatment, oil & gas, and energy & power industry. The demand for control valves is being driven by the expansion of power plants around the globe as well as the growing need for energy and power from rising economies. Nuclear power plants also use these valves, particularly in the chemical treatment, feed water, cooling water, and steam turbine control systems processes.

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The demand for smart control valves is fueled by the expansion of the oil and gas industry and the ongoing rise in global energy demand. The requirement to comply with environmental rules and strict safety norms propels the use of modern valve control systems. In industrial operations, smart control valve positioners are devices that precisely actuate and control valve openings and closures. They guarantee precise valve positioning and react promptly to modifications in the intended valve position. Precise control over flow rates, pressure levels, and other process factors is made possible by smart control valve positioners.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Control Valve Market by Component
o Valve Body
o Actuators

Global Control Valve Market by Material
o Stainless Steel
o Cast Iron
o Cryogenic
o Alloy Based

Global Control Valve Market by Type
o Rotary Valves
o Linear Valves

Global Control Valve Market by Process Industry
o Oil & Gas
o Energy & Power
o Water & Wastewater Treatment
o Food & Beverages
o Metals & Mining
o Chemicals
o Pharmaceuticals
o Building & Construction
o Others (Pulp & Paper)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East and Africa

Company Profiles
o ARCA Regler GmbH
o Azbil Corp.
o BELIMO AIRCONTROLS (CAN), Inc.
o Bray International, Inc.
o CIRCOR INTERNATIONAL, INC.
o Crane Company
o Flowserve Corp.
o Goodwin International Ltd.
o IMI Kynoch Ltd.
o KSB SE & Co. KGaA
o Pentair
o Rotork plc
o SAMSON AG
o Schlumberger Ltd.
o Spirax-Sarco Engineering plc
o The Weir Group PLC.
o Valmet
o ValvitaliaSpA
o Velan Inc.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global control valve market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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