Market Snapshot:
Industrial valves are devices that regulate the flow of gases, liquids or loose materials through an aperture, such as a pipe, by opening, closing or passageway or obstructing a port. Industrial valves control system or process fluid flow and pressure by performing any of the following functions are stopping and starting fluid flow, varying (throttling) the amount of fluid flow, controlling the direction of fluid flow, regulating downstream system or process pressure, and relieving component or piping overpressure.
Highlights from Industrial Valves Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.2% |
The key Manufacturers profiled in the report are Emerson (United States), Honeywell International Inc. (United States), Schlumberger Limited (United States), Flowserve (United States), IMI PLC (United Kingdom), Spirax Sarco (United Kingdom), Crane Co. (United States), Alpha Laval (Sweden), FMC Technologies (United States), KSB SE & Co. KGaA (Germany), Larsen & Toubro Limited (India), CIRCOR International, Inc (United States), Weir Group plc (United Kingdom) and Curtiss Wright (United States). Additionally, other players that are part of this comprehensive study are Flowserve (United States), IMI PLC (United Kingdom), Spirax Sarco (United Kingdom), Crane Co. (United States), Kitz Corporation (Japan), Metso Corporation (Finland), Neway Valve (Suzhou) Co., Ltd. (China), Velan Inc. (Canada), Samson AG (Germany), AVK Holding A/S (Denmark), Avcon Controls (India), Forbes Marshall (India), Swagelok (United States), HamLet (Israel), Dwyer Instruments (United States), KIM Valves (Australia) and Apollo Valves (United States).
Geographic Breakdown and Segment Analysis
The Global Industrial Valves market presents a comprehensive analysis of the Industrial Valves market by product type (Ball Valve, Globe Valve, Gate Valve, Butterfly Valve, Plug Valve, Safety Valve, Check Valve, Diaphragm Valve and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Industrial Valves industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Industrial Valves market
Analyst at AMA have segmented the market study of Global Industrial Valves market by Type, Application and Region.
Influencing Trend:
Rising Rapid Industrialization in Developing Economies
Market Growth Drivers:
Increasing Demand From End-use Industry and Rising Chemical and Oil and Gas Sector
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Technological Advancement and Development in the Industrial Valves
Market Developments Activities:
In January 2024, ValvTechnologies, the industry-leading manufacturer of zero-leakage, severe service isolation valve solutions, announced a new partnership with GPEC Limited (Global Piping and Engineering Consultants) a new rep covering England, Scotland and Wales.
In November 2022, Emerson announced its new TopWorx DVR Switchbox, an entry-level addition to the DV Series of valve position indicators. It combines a durable resin enclosure, compact size and a patented cam design that provides water and wastewater systems, food and beverage production lines and industrial utilities a reliable valve position feedback tool.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Industrial Valves Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other