Segmentation, Major Trends, and Competitive Overview of the Safety Valve Market

The safety valve market is set for impressive growth over the coming years, propelled by technological advancements and expanding industrial needs. As industries adopt smarter systems and demand higher safety standards, this market is evolving rapidly with new innovations and increasing applications across various sectors. Let's explore the expected market size, leading companies, emerging trends, and key segments shaping the future of the safety valve industry.

Expected Market Size and Growth Drivers in the Safety Valve Market
The safety valve market is projected to reach a valuation of $8 billion by the year 2030, expanding at a compound annual growth rate (CAGR) of 7.4%. This robust growth is mainly driven by the rising adoption of smart valve monitoring systems and the implementation of stricter safety regulations. Additionally, the expansion of energy infrastructure and the ongoing digital transformation in process industries are significant contributors to market growth. Increased investments in water and wastewater treatment facilities also play a pivotal role in boosting demand for safety valves.

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Growing industrial pressure and technological integration are critical market catalysts
The need for enhanced safety protocols in industrial processes has led to a surge in demand for advanced pressure protection systems. High temperature and high pressure applications are becoming more common, further pushing the need for reliable safety valves. Furthermore, condition monitoring technologies are increasingly being integrated into valve systems, contributing to improved maintenance and operational efficiency. The rising use of safety valves in process automation also highlights their growing importance in modern industrial setups.

Prominent Companies Leading the Safety Valve Market
Several key players dominate the competitive landscape of the safety valve market. These include Emerson Electric Co., Curtiss-Wright Corporation, LESER GmbH & Co. KG, Crane Company, IMI plc (IMI Critical Engineering), Velan Inc., Mercer Valve Co., Inc., Spirax-Sarco Limited, Watts Water Technologies, Inc., Goetze KG Armaturen, Taylor Valve Technology, Inc., Forbes Marshall Private Limited, Armstrong International, Inc., KSB SE & Co. KGaA, HEROSE GmbH, ARI-Armaturen Albert Richter GmbH & Co. KG, Zetkama Sp. z o.o., Bopp & Reuther Valves GmbH, SAMSON Group, Flowserve Corporation, Apollo Valves (Conbraco Industries, Inc.), and Neway Valve Co., Ltd.

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Significant Industry Acquisition Expands Market Presence
In October 2024, Flowserve Corporation, a US-based company specializing in industrial flow-control products and services, acquired MOGAS Industries for about $305 million. This strategic move aims to bolster Flowserve's "severe service" valve offerings and aftermarket services, focusing on critical sectors such as mining, mineral extraction, and process industries. MOGAS Industries is known for manufacturing mission-critical severe service isolation valves and providing associated aftermarket support for industries like mining, power generation, and process/refining.

Cutting-Edge Trends Shaping the Safety Valve Market's Future
Leading companies in the safety valve sector are prioritizing the development of innovative products such as the electric tubing-retrievable safety valve (eTRSV). This technology enhances reliability, enables remote operation, and boosts safety measures in oil and gas well operations. The eTRSV is a downhole valve designed to remotely control fluid flow and perform emergency shut-off functions, which is vital for preventing blowouts and safeguarding both personnel and the environment.

Enhanced Safety Features and Remote Monitoring in Valve Technologies
For example, in February 2025, Halliburton Company launched an upgraded EcoStar electric tubing-retrievable safety valve (eTRSV). The new design removes the need for hydraulic systems, thereby improving safety, reliability, and operational efficiency in subsea wells. This valve uses a magnetic coupling mechanism to isolate the electric actuator and downhole electronics from wellbore fluids, enhancing overall system durability. It also features independent electro-mechanical actuation and real-time monitoring, which together improve completion performance, increase worker safety, reduce costs, and support the shift toward fully electrified wellbores.

Detailed Segmentation in the Safety Valve Market Report
The safety valve market is categorized into several important segments to better understand its structure:

1) Product Type:
- Pressure Relief Valves
- Safety Relief Valves
- Vacuum Relief Valves
- Pop-Action Valves
- Pilot Operated Valves

2) Material Type:
- Steel
- Alloy
- Cast Iron
- Other Materials

3) Distribution Channels:
- Direct Sales
- Indirect Sales

4) End-Use Industries:
- Oil and Gas
- Energy and Power
- Food and Beverage
- Chemicals
- Water and Wastewater Treatment
- Other Industries

Further segmentation breaks down products into subcategories such as:
- Pressure Relief Valves into spring-loaded, balanced bellows, piston-type, and thermal relief valves.
- Safety Relief Valves into conventional, balanced, power-actuated, and steam types.
- Vacuum Relief Valves into spring-loaded, weight-loaded, atmospheric vacuum breakers, and combination pressure or vacuum relief valves.
- Pop-Action Valves into direct acting, snap-acting, and adjustable pop valves.
- Pilot Operated Valves into modulating, snap-acting, pneumatic, and remote sensing types.

This comprehensive segmentation offers an in-depth understanding of the diverse product offerings and their applications across industries, supporting strategic market analysis and decision-making.

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This release was published on openPR.