Press release
Industrial Valves Market Set to Expand to USD 107.50 Billion by 2030 with 4.40 Percentage CAGR Growth
Industrial Valves Market
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The industrial valves market has witnessed significant growth due to their pivotal role in regulating fluid and gas flow across various industries. From oil and gas to water treatment and power generation, industrial valves ensure operational efficiency, safety, and reliability. With the market valued at USD 79.52 billion in 2023 and projected to grow to USD 107.50 billion by 2030, the sector is expanding steadily at a CAGR of 4.40%. The increasing adoption of automation technologies and the demand for energy-efficient solutions have contributed to the market's robust growth. Additionally, as industries worldwide emphasize sustainable practices, the integration of smart valve technologies to reduce emissions and improve operational efficiency has gained momentum. Regions like Asia-Pacific, Europe, and North America continue to dominate the market, driven by industrialization, technological advancements, and infrastructure development.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/16925/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Several factors are driving the growth of the industrial valves market, with industrial expansion and urbanization playing crucial roles. The surge in global energy demand has led to increased investments in oil and gas, power generation, and water treatment industries, significantly boosting valve demand. Additionally, the growing trend of industrial automation has propelled the need for technologically advanced valves that offer real-time data and remote monitoring capabilities. Environmental regulations have further necessitated the adoption of valves that ensure precise control and reduce leakage, preventing energy and resource wastage. Emerging economies in Asia-Pacific, particularly China and India, are witnessing heightened industrial activities, contributing to market growth. Moreover, government investments in renewable energy projects, infrastructure modernization, and water treatment facilities are creating lucrative opportunities for valve manufacturers worldwide. The demand for customized valve solutions tailored to specific industry needs has also become a critical growth driver.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Emerging trends in the industrial valves market highlight the growing adoption of smart valves equipped with IoT and AI technologies. These innovations enable real-time monitoring, predictive maintenance, and efficient operational management, reducing downtime and operational costs. Sustainability has become a key focus, with manufacturers developing eco-friendly valves designed for high efficiency and reduced environmental impact. The rise of Industry 4.0 has further accelerated the integration of automation technologies, making intelligent valves a preferred choice across industries. Additionally, the demand for lightweight, corrosion-resistant materials such as composite valves is increasing in chemical and water treatment sectors. The global shift towards renewable energy has spurred the development of valves suitable for solar, wind, and hydropower plants. Moreover, mergers, acquisitions, and collaborations among key players like Emerson Electric Co., Flowserve Corporation, and Schneider Electric are reshaping the market landscape, ensuring better product portfolios and expanded geographic reach. These trends collectively promise sustained growth and innovation in the industrial valves market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/16925/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Vietnam's rising industrial sector is fueling the demand for efficient valve solutions, especially in oil and gas. Notable mergers include Emerson Electric Co.'s strategic collaborations with local firms. Trends indicate the adoption of smart valve technologies for enhanced energy efficiency.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
Thailand's robust petrochemical industry drives valve adoption. Recent consolidations include Flowserve Corporation partnering with local distributors. Updation efforts focus on sustainable manufacturing practices.
๐๐๐ฉ๐๐ง: ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Japan leads in precision-engineered valves, driven by advanced R&D. Mergers like Emerson's acquisition of Japanese startups highlight consolidation. Trends emphasize IoT-integrated valve systems for smart factories.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฅ๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐
South Korea's investments in energy-efficient valves are notable. Partnerships like Flowserve's collaboration with Korean conglomerates are reshaping the market. Opportunities arise in renewable energy projects adopting advanced valve technologies.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฆ๐๐ซ๐ญ ๐๐๐ฅ๐ฏ๐๐ฌ
Singapore's focus on sustainable infrastructure enhances demand. Recent mergers include local firms integrating with multinational leaders like Emerson. Trends highlight the adoption of eco-friendly valve designs.
๐๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
The US market benefits from technological advancements, with Flowserve expanding its product range for diverse applications. Consolidation includes mergers between domestic leaders and international firms.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐๐ฅ๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐
Europe's market thrives on stringent environmental regulations. Emerson Electric Co.'s expansion into European markets highlights consolidation. Opportunities include smart valves for green energy projects.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/16925/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Material Type
Cast Iron
Stainless Steel
Cryogenic
Alloy Based
Others
by Size
Up to 1"
1" to 6"
6" to 25"
25" to 50"
50" and Larger
by Valve Type
Globe Valves
Plug Valves
Safety Valves
Ball Valves
Butterfly Valves
Check Valves
Diaphragm Valves
Gate Valves
by Industry
Oil & Gas
Water & Wastewater Treatment
Energy & Power
Chemicals
Food & Beverages
Pharmaceuticals
Construction
Agriculture
Pulp & Paper
Metals & Mining
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Emerson
2. Weir Group PLC
3. Flowserve
4. Cameron - Schlumberger
5. IMI PLC
6. Spirax Sarco
7. Crane Co.
8. Kitz Corporation
9. Metso Corporation
10. Neway Valve (Suzhou) Co., Ltd.
11. Velan Inc.
12. Samson AG
13. AVK Holding A/S
14. Avcon Controls
15. Forbes Marshall
16. Swagelok
17. Ham-Let
18. Dwyer Instruments
19. KIM Valves
20. Apollo Valves
21. Schlumberger Limited.
22. GE VALVE
23. Curtiss-Wright Corporation
24. McWane, Inc.
25. ALFA LAVAL
26. Rotork
27. KSB SE & Co. KGaA.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-industrial-valves-market/16925/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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