Press release
Hybrid Electric Vehicle (HEV) Surge Boosts Multi Tandem Valve Market Growth : Strengthening the Growth Trajectory of the Multi Tandem Valve Market
Multi Tandem Valve
What Is the Expected CAGR for the Multi Tandem Valve Market Through 2025?
The size of the multi tandem valve market has significantly expanded in the past few years. Forecasts show that it will boost from $1.39 billion in 2024 to $1.46 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.4%. The surge in growth during the historical period is linked to the greater acceptance of automation, surging global energy needs, strict environmental and safety standards, a rise in international trade along with global supply chains, and the requirement for valve replacements and retrofits.
What's the Projected Size of the Global Multi Tandem Valve Market by 2029?
The market size of multi tandem valves is forecasted to experience a robust expansion in the coming years. By 2029, the market is anticipated to measure up to $1.78 billion, reflecting a compound annual growth rate (CAGR) of 5.1%. The growth trajectory during this forecast timeframe can be credited to expansion within the construction sector, surge in manufacturing and production amenities, growth in research and development actions, and an uptick in the mechanization of agriculture. Additionally, a flourishing automotive sector, escalating demand for solutions that save energy, and an increase in infrastructure developments are contributors to the forecasted growth. Some key trends to watch during this forecast period encompass breakthroughs in valve technology, their growing application in the energy industry, the evolution of smart valve answers, advancements in material science, the incorporation of artificial intelligence, and the inception of eco-friendly fluids.
View the full report here:
https://www.thebusinessresearchcompany.com/report/multi-tandem-valve-global-market-report
Top Growth Drivers in the Multi Tandem Valve Industry: What's Accelerating the Market?
The multi-tandem valve market is projected to grow owing to the increasing demand for hybrid electric vehicles (HEVs). These vehicles are known for their blend of a gasoline engine with an electric motor, which amplifies fuel efficiency and reduces emissions. Factors such as environmental consciousness, government incentives, and technological advancements have spurred more interest in HEVs. Another advantage is their use of multi-tandem valves, which results in superior fuel efficiency. This eases the stress on the engine system, bolsters valve function, thereby elevating engine efficacy, and minimizes emissions. For instance, April of 2024 saw the sale of 118,435 HEVs (comprising of 23,179 cars and 95,256 LTs) in the United States, according to Argonne National Laboratory, a US-based federally funded research and development center. This was a notable 17.8% increase from the sales recorded in April of 2023. Therefore, the swelling demand for hybrid electric vehicles (HEVs) indeed fuels the multi-tandem valve market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15865&type=smp
What Trends Will Shape the Multi Tandem Valve Market Through 2029 and Beyond?
Leading companies in the multi-tandem valve market are employing innovation to create products such as pressure relief valves that aim to decrease emissions in various systems, spanning from the chemical to the power and oil and gas industries. Pressure relief valves are a certain kind of safety valve that are designed to manage and alleviate excess pressure for peak performance in any system. For example, in December 2022, the US-based software company, Emerson Electric Co. introduced two new technologies for their Crosby J-Series pressure relief valve (PRV) product line. These particular valves aim to provide reliable and superior overpressure protection for a range of applications including air, gas, steam, vapor, liquid, and two-phase applications. The J-Series valves incorporate groundbreaking technologies such as Balanced Diaphragm technology which eradicates the need for bellows in pressure relief valves, resulting in decreased costs and enhanced performance.
What Are the Main Segments in the Multi Tandem Valve Market?
The multi tandem valve market covered in this report is segmented -
1) By Type: Integral Multi Tandem Valve, Shard Multi Tandem Valve
2) By Operation: Automated, Manual
3) By End-Use Industry: Manufacturing, Construction, Agriculture, Oil And Gas, Mining, Other End Use Industries
Subsegments:
1) By Integral Multi Tandem Valve: Single Valve Configuration, Dual Valve Configuration, Multi-Stage Valve Configuration
2) By Shared Multi Tandem Valve: Common Pressure Valve, Common Flow Valve, Common Function Valve
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15865&type=smp
Which Top Companies are Driving Growth in the Multi Tandem Valve Market?
Major companies operating in the multi tandem valve market are Daikin Industries Ltd., Komatsu Ltd., Eaton Corporation plc, Parker Hannifin Corporation, Emerson Electric Co., Kawasaki Heavy Industries Ltd., Bosch Rexroth AG, Shimadzu Corporation, KYB Corporation, HYDAC International GmbH, Hengli Hydraulic Co. Ltd., Bucher Hydraulics AG, Haldex AB, HAWE Hydraulik SE, Argo Hytos, Linde Hydraulics GmbH & Co. KG, Tokyo Keiki Inc., Metal Work S.p.A., Yuken Kogyo Co. Ltd., Cross Manufacturing Company Inc., Walvoil S.p.A., Hydrosila, Bondioli & Pavesi S.p.A., Doering Company, AMCA Hydraulic
Which Regions Will Dominate the Multi Tandem Valve Market Through 2029?
North America was the largest region in the multi tandem valve market in 2023. The regions covered in the multi tandem valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15865
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hybrid Electric Vehicle (HEV) Surge Boosts Multi Tandem Valve Market Growth : Strengthening the Growth Trajectory of the Multi Tandem Valve Market here
News-ID: 4137913 • Views: …
More Releases from The Business Research Company
2025-2034 Inkjet Coder Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Inkjet Coder Market Through 2025?
Strong growth has been witnessed in recent years in the inkjet coder market. It is projected that this market will expand from $2.11 billion in 2024 to $2.27 billion in 2025, experiencing a compound annual growth rate…
Global Industrial Cooking Fire Protection Systems For Food Manufacturing Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Cooking Fire Protection Systems For Food Manufacturing Industry Market Size Be by 2025?
Over the past few years, the market size for industrial cooking fire protection systems used in food manufacturing has seen a consistent growth. It is projected that the market value will grow…
High Speed Engine Market Trends That Will Shape the Next Decade: Insights from I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the High Speed Engine Market Size By 2025?
The market for high speed engines has seen considerable growth in the last few years. The market which is valued at $24.17 billion in 2024 is predicted to reach $25.58 billion in 2025, experiencing a Compound Annual Growth…
Industrial Sector Growth Fuels Expansion Of Evaporative Cooling Market: The Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Evaporative Cooling Market Size Growth Forecast: What to Expect by 2025?
The market size for evaporative cooling has seen a robust growth in recent times. The outlook predicts an escalation from $6.41 billion in 2024 to $6.8 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.…
More Releases for Valve
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players;…
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s…
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
Australian pressure safety valve market size is expected to reach $65.38 million by 2025 from $52.12 million in 2017, growing at a CAGR of 2.88% during the forecast period (2018–2025). Pressure safety valves (pressure relief valves) are specially designed valves that regulate the surge in pressure within the pressure systems, which otherwise could hinder industrial processes. The valves have outlets that guide the additional flow of fluids or gases, which…
Control Valve Market Analysis Report by Region - North America, Latin America, E …
Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn…
Bleed Valve Market 2017-Eaton, Weir Group, KSB, Mahle, Mogas, Alfa Laval, Nihon …
Apex Research, recently published a detailed market research study focused on the "Bleed Valve Market" across the global, regional and country level. The report provides 360° analysis of "Bleed Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bleed Valve industry, and estimates the future trend of Bleed Valve market…
Global Plug Valves Market: Yuandong Valve, Yuanda Valve, Weir, Walworth, Zhengqu …
Global Market Study Evaluate on Plug Valves Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Plug Valves market report is:
This report offers a comprehensive evaluation of the Plug Valves market. It does so by in-depth qualitative insights, historical Plug Valves market data, and verifiable projections about global Plug Valves market size. The projections featured in the Plug Valves market report have been…
