Press release
Industrial Valve Market Size Expected to Reach USD 152.33 Billion by 2034 With CAGR: 4.8%
The industrial valve market size was valued at USD 95.57 billion in 2024. It is projected to grow to USD 152.33 billion by 2034, exhibiting a compound annual growth rate of 4.8% from 2025 to 2034.
Market Definition
Industrial valves are mechanical gadgets that unfurl, shut, or partly hamper walkways to control the flow of liquid or gas within a system. With an assortment of valve alternatives in the market, detecting the one that will offer maximal outcomes in particular applications can be provoking. Balancing valves are outlined to regulate flow all through the system by controlling the flow amidst manifold flow branches.
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Growth Drivers and Opportunities
• Several reasons have contributed to the expansion of the industrial valve market in recent years. Among these is the growing healthcare and pharmaceutical industry, which depends on disinfection-free fluid handling, which assists in stringent sterilization standards.
• The market size will expand due to smart industrial valves combining sensors and communication technologies sanctioning real-time data exchange and distant observation, which is particularly treasured in intricate and detrimental ambiances. For instance, Schneider Electric launched the EcoStruxure Control Valve in 2021.
Key Players
The aggressive topography of the market is portrayed by an assortment of global industry leaders and regional contenders struggling for market share through invention and tactical alliances. Here is the list of the leading companies operating in the industrial valve market:
• Emerson Electric Co.
• Velan Inc.
• AVK Water
• BEL Valve Limited
• SLB
• Flowserve Corporation
• KLINGER
• GG Valve Private Limited
• LESER GmbH & Co. KG
• Alfa Laval
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Geographical Landscape
Regional analysis provides an examination of the key variables, including social, physical, and economic, in a regional context. It helps companies understand the needs and wants of their customers in target markets. Thus, stakeholders can make informed decisions about their products or service offerings. Also, regional analysis assists businesses in identifying regions with high growth potential and where they should focus their efforts. Furthermore, it can help stakeholders understand local conditions to analyse policy related to global change.
The key regions and sub-regions of the Industrial Valve Market covered in the research report are:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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Segmentation Overview
The industrial valve market analysis is mainly based on valve type, fluid type, function, material, end-use, and region. Based on valve type analysis, the ball valve segment witnessed the fastest growth. It is inventive, long-lasting, and has the potential to offer compact sealing, which is important for industries such as oil and gas, water treatment, and manufacturing.
According to end use, the water & wastewater treatment segment holds a significant revenue share. This is because of the growing demand for clean water and enhanced sanitation.
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