Global Industrial Valves Market 2023-2030- By Valve Type (Ball Valves, Butterfly Valves, Gate Valves, Globe Valves, Plug Valves, Check Valves, Diaphragm Valves, and Pressure and Safety Relief Valves); By Function (On/Off Valves, Control Valves, and Pressure and Safety Relief Valves); By Nominal Diameter (1/4 inch to 2 inches, 2 inches to 12 inches, 12 inches to 24 inches, 24 inches to 48 inches,and 48 inches and above); By Operating Principle (Lifting Mechanism and Rotating Mechanism); By Material (Cast Iron, Steel, Alloy Based, and Others); By Application ( Chemical, Energy and Power, Food and Beverage, Water and Wastewater, and Others); By Geography (APAC, Americas, Europe, and MEA).
Global Industrial Valves Market 2023-2030
DESCRIPTION
Market Intelligence Summary
According to WDO Consulting, the Industrial Valves shipment is expected to reach XX million units by 2030, growing at a compound annual growth rate (CAGR) of XX% during the 2023-2030 forecast period. The Industrial Valves market was valued at XX million in 2023, driven by several factors including the rise of smart valves, growing demand for sustainable valves, and rising investment in automation technologies across the industries.Smart valves with connectivity features enable real-time monitoring, data analytics, and remote control, aligning with the growing emphasis on technology in industrial processes.
The surge in infrastructure development and urbanization worldwide contributes significantly to the growth of industrial valves. These valves play a pivotal role in construction projects, manufacturing facilities, and utilities, supporting processes that underpin modern living and industrial activities. The demand for valves in such applications is driven by the need for precision control, safety, and efficiency.
Industries such as oil and gas, water treatment, and power generation heavily rely on industrial valves to regulate fluid flow, ensuring efficient and secure operations. As these industries continue to expand, so does the need for reliable and high-performance valves.
The ongoing trend towards automation and Industry 4.0 is another catalyst for the growth of industrial valves. Intelligent valves equipped with advanced sensors and automation capabilities are becoming integral to smart manufacturing processes. This integration enhances operational efficiency, reduces downtime, and aligns with the broader industrial shift towards digitalization.
Industrial Valves Market Research Report Coverage (2023-2030)
| Report coverage | Details | |
|---|---|---|
| Base year | 2023 | |
| Forecast year | 2030 | |
| Unit shipment | Thousand units | |
| Revenue | USD million | |
| By valve type (Thousand units & USD million) |
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| By nominal diameter (Thousand units & USD million) |
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| By function (Thousand units & USD million) |
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| By operating principle (Thousand units & USD million) |
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| By material (Thousand units & USD million) |
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| By application (Thousand units & USD million) |
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| By geography(USD million) |
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| Market players coverage (Top 5 players market share) |
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Market Dynamics: Key drivers, trends, and challenges
- Key market drivers
- Focus on predictive maintenance
- Adoption of DCS for centralized control and monitoring of valve networks
- Key market trends
- Increased use of advanced materials and coatings
- Integration of digital technologies, IoT sensors, and connectivity for smart valves
- Adoption of digital twin technology for virtual modeling and simulation of valve behavior
- Key market challenges
- Increasing competition from low-cost manufacturers
- Rise of Counterfeit valves
- Developing valves tah can handelemerging and unconventional fluids used in various industries
Key questions to be answered
1. What is the current market size of the Industrial Valves market, and what is its growth potential over the next five years?
2. What is the Compound Annual Growth Rate (CAGR) of the Industrial Valves market?
3. Which are the key segments covered in the Industrial Valves market, and which segments are experiencing the fastest growth?
4. Which geographical region offers the highest growth opportunities in the Industrial Valves market?
5. How is the competitive landscape evolving, and who are the key players in the Industrial Valves market?
6. Who are the top five players in the Industrial Valves market, and what is their respective market share?
TABLE OF CONTENTS
- 1. Project scope
- 1.1 Market definition
- 1.2 Study objective
- 1.3 Scope inclusions
- 1.4 Scope exclusions
- 1.5 Assumptions
- 1.6 Limitations
- 2. Executive summary
- 2.1 Key findings of the study
- 2.2 Key insights from industry experts
- 2.3 Analyst opinion
- 3. Research methodology
- 3.1 Supply-side research methodology
- 3.2 Demand-side research methodology
- 4. Market dynamics
- 4.1 Trends
- 4.2 Drivers
- 4.3 Challenges
- 4.4 Ecosystem
- 4.5 Use cases
- 4.6 Market developments
- 4.6.1 Macroeconomic factors
- 4.6.1.1 Currency fluctuations
- 4.6.1.2 Supply chain disruptions
- 4.6.1.3 Government regulations
- 4.6.1.4 Others
- 4.6.2 Microeconomic factors
- 4.6.2.1 Price fluctuations
- 4.6.2.2 Technological advancements
- 4.6.1 Macroeconomic factors
- 5. Indiustrial valves market size and forecast, by valve type
- 5.1 Unit shipment 2023-2030 (Thousand units)
- 5.1.1 Ball valves
- 5.1.2 Butterfly valves
- 5.1.3 Gate valves
- 5.1.4 Globe valves
- 5.1.5 Plug valves
- 5.1.6 Check valves
- 5.1.7 Diaphragm valves
- 5.1.8 Pressure and safety relief valves
- 5.2 Revenue 2023-2030 (USD million)
- 5.2.1 Ball valves
- 5.2.2 Butterfly valves
- 5.2.3 Gate valves
- 5.2.4 Globe valves
- 5.2.5 Plug valves
- 5.2.6 Check valves
- 5.2.7 Diaphragm valves
- 5.2.8 Pressure and safety relief valves
- 5.1 Unit shipment 2023-2030 (Thousand units)
- 6. Industrial valves market size and forecast, by nominal diameter
- 6.1 Unit shipment 2023-2030 (Thousand units)
- 6.1.1 1/4 inch to 2 inches
- 6.1.2 2 inches to 12 inches
- 6.1.3 12 inches to 24 inches
- 6.1.4 24 inches to 48 inches
- 6.1.5 48 inches and above
- 6.2 Revenue 2023-2030 (USD million)
- 6.2.1 1/4 inch to 2 inches
- 6.2.2 2 inches to 12 inches
- 6.2.3 12 inches to 24 inches
- 6.2.4 24 inches to 48 inches
- 6.2.5 48 inches and above
- 6.1 Unit shipment 2023-2030 (Thousand units)
- 7. Industrial valves market size and forecast, by function
- 7.1 Unit shipment 2023-2030 (Thousand units)
- 7.1.1 On/Off valves
- 7.1.2 Control valves
- 7.1.3 Pressure and safety relief valves
- 7.2 Revenue 2023-2030 (USD million)
- 7.2.1 On/Off valves
- 7.2.2 Control valves
- 7.2.3 Pressure and safety relief valves
- 7.1 Unit shipment 2023-2030 (Thousand units)
- 8. Industrial valves market size and forecast, by operating principle
- 8.1 Unit shipment 2023-2030 (Thousand units)
- 8.1.1 Lifting mechanism
- 8.1.2 Rotating mechanism
- 8.2 Revenue 2023-2030 (USD million)
- 8.2.1 Lifting mechanism
- 8.2.2 Rotating mechanism
- 8.1 Unit shipment 2023-2030 (Thousand units)
- 9. Industrial valves market size and forecast, by material
- 9.1 Unit shipment 2023-2030 (Thousand units)
- 9.1.1 Cast iron
- 9.1.2 Steel
- 9.1.3 Alloy based
- 9.1.4 Others
- 9.2 Revenue 2023-2030 (USD million)
- 9.2.1 Cast iron
- 9.2.2 Steel
- 9.2.3 Alloy based
- 9.2.4 Others
- 9.1 Unit shipment 2023-2030 (Thousand units)
- 10. Industrial valves market size and forecast, by application
- 10.1 Unit shipment 2023-2030 (Thousand units)
- 10.1.1 Energy and power
- 10.1.2 Water and wastewater
- 10.1.3 Chemical
- 10.1.4 Food and beverage
- 10.1.5 Others
- 10.2 Revenue 2023-2030 (USD million)
- 10.2.1 Energy and power
- 10.2.2 Water and wastewater
- 10.2.3 Chemical
- 10.2.4 Food and beverage
- 10.2.5 Others
- 10.1 Unit shipment 2023-2030 (Thousand units)
- 11. Industrial valves market size and forecast, by geography
- 11.1 Americas
- 11.1.1 US
- 11.1.2 Canada
- 11.1.3 Mexico
- 11.1.4 Brazil
- 11.1.5 Argentina
- 11.1.6 Rest of Americas
- 11.2 Europe
- 11.2.1 Germany
- 11.2.2 UK
- 11.2.3 France
- 11.2.4 Italy
- 11.2.5 Nordic countries (Sweden, Norway, Denmark, Finland)
- 11.2.6 Rest of Europe
- 11.3 APAC
- 11.3.1 China
- 11.3.2 Japan
- 11.3.3 India
- 11.3.4 South Korea
- 11.3.5 Rest of APAC
- 11.4 MEA
- 11.4.1 UAE
- 11.4.2 Saudi Arabia
- 11.4.3 Qatar
- 11.4.4 Rest of Middle East
- 11.4.5 Africa
- 11.1 Americas
- 12. Competitive scenario
- 12.1 Market concentration
- 12.2 Top five companies market share 2023
- 12.3 Key strategies
- 12.4 Key investments
- 13. Company profiles
- 13.1 ALFA LAVAL
- 13.1.1 Business overview
- 13.1.2 Product portfolio
- 13.1.3 Key developments
- 13.2 AVK Holding
- 13.2.1 Business overview
- 13.2.2 Product portfolio
- 13.2.3 Key developments
- 13.3 Böhmer
- 13.3.1 Business overview
- 13.3.2 Product portfolio
- 13.3.3 Key developments
- 13.4 Bray International
- 13.4.1 Business overview
- 13.4.2 Product portfolio
- 13.4.3 Key developments
- 13.5 CIRCOR
- 13.5.1 Business overview
- 13.5.2 Product portfolio
- 13.5.3 Key developments
- 13.6 Crane ChemPharma & Energy
- 13.6.1 Business overview
- 13.6.2 Product portfolio
- 13.6.3 Key developments
- 13.7 Curtiss-Wright
- 13.7.1 Business overview
- 13.7.2 Product portfolio
- 13.7.3 Key developments
- 13.8 Danfoss
- 13.8.1 Business overview
- 13.8.2 Product portfolio
- 13.8.3 Key developments
- 13.9 Emerson Electric
- 13.9.1 Business overview
- 13.9.2 Product portfolio
- 13.9.3 Key developments
- 13.10 Flowserve
- 13.10.1 Business overview
- 13.10.2 Product portfolio
- 13.10.3 Key developments
- 13.11 Georg Fischer
- 13.11.1 Business overview
- 13.11.2 Product portfolio
- 13.11.3 Key developments
- 13.12 GEA Group Aktiengesellschaft
- 13.12.1 Business overview
- 13.12.2 Product portfolio
- 13.12.3 Key developments
- 13.13 Honeywell International
- 13.13.1 Business overview
- 13.13.2 Product portfolio
- 13.13.3 Key developments
- 13.14 IMI Critical Engineering
- 13.14.1 Business overview
- 13.14.2 Product portfolio
- 13.14.3 Key developments
- 13.15 KITZ
- 13.15.1 Business overview
- 13.15.2 Product portfolio
- 13.15.3 Key developments
- 13.16 KSB
- 13.16.1 Business overview
- 13.16.2 Product portfolio
- 13.16.3 Key developments
- 13.17 Mueller
- 13.17.1 Business overview
- 13.17.2 Product portfolio
- 13.17.3 Key developments
- 13.18 NIBCO
- 13.18.1 Business overview
- 13.18.2 Product portfolio
- 13.18.3 Key developments
- 13.19 SAMSON CONTROLS
- 13.19.1 Business overview
- 13.19.2 Product portfolio
- 13.19.3 Key developments
- 13.20 Schlumberger
- 13.20.1 Business overview
- 13.20.2 Product portfolio
- 13.20.3 Key developments
- 13.21 Spirax Sarco
- 13.21.1 Business overview
- 13.21.2 Product portfolio
- 13.21.3 Key developments
- 13.22 The Weir Group
- 13.22.1 Business overview
- 13.22.2 Product portfolio
- 13.22.3 Key developments
- 13.23 Valmet
- 13.23.1 Business overview
- 13.23.2 Product portfolio
- 13.23.3 Key developments
- 13.24 Velan
- 13.24.1 Business overview
- 13.24.2 Product portfolio
- 13.24.3 Key developments
- 13.25 Watts
- 13.25.1 Business overview
- 13.25.2 Product portfolio
- 13.25.3 Key developments
- 13.1 ALFA LAVAL
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