Control Valve Market: Industry Trends, Challenges, And Future Outlook Until 2030

Published: 2024-08-24
Views: 63
Author: kadambarimmr
Published in: Business

Projection of Revenue Growth:

The Control Valve Market size was valued at USD 8.22 Bn. in 2023 and is expected to reach USD 21.87 Bn. by 2030, at a CAGR of 15.3%.

Control Valve Market Overview:

Maximize Market Research, a leading business research firm, has released a comprehensive report on the “Control Valve Market.” This report delivers an in-depth industry analysis, including business insights, demand trends, pricing strategies, and an examination of the competitive landscape, all for the forecast period.

Control Valve Market Report Scope:

The report provides a thorough examination of the Control Valve Market through detailed segmental analysis, market dynamics, and a competitive landscape overview. Data is sourced from both primary and secondary research methods, including government websites, news articles, and company annual reports. The study highlights key players in the Control Valve Market, recent innovations, and notable mergers and acquisitions. Additionally, the report offers insights into the drivers, challenges, opportunities, and trends influencing the Control Valve Market. Market size estimates are derived using a bottom-up approach, and the analysis includes a competitive assessment and key factors contributing to the market's expansion.

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Control Valve Market Regional Insights:

In 2023, North America held the greatest share of the market. Because industrial infrastructure in developed nations like the US and Canada is so well-established, the control valve market in North America is rather saturated. Nonetheless, there is a significant need for industrial valves in the area due to Mexico's expanding manufacturing, food and beverage, and chemical sectors. According to the Valves Manufacturers Association of America (VMA), about 35% of the world's valve needs were met by the valve industry in North America.

Segment Covered in the Control Valve Market:

By Type

Linear
Rotary

By Component

Valve Body
Actuators
Others

By Valve Size

Below 1”
1” to 6”
25” to 50”
Above 50”

by End-User

Oil & Gas
Water & Wastewater
Energy & Power
Pharmaceuticals
Chemicals
Others (Building & Construction etc.)

List of the Key Players in the Control Valve Market:

North America
1. Emerson (US)
2. Flowserve Corporation (US)
3. Cameron (Schlumberger Company) (US)
4. IMI PLC (UK)
5. Crane Co. (US)
6. Samson Controls (US)
7. Apollo Valves (US)
8. Dwyer Instruments (US)
9. Swagelok (US)
10. Velan, Inc. (Canada)
11. Curtiss-Wright Corporation (US)

Europe
12. Christian Burkert (Germany)
13. Trillium Flow Technologies (UK)
14. Alfa Laval (Sweden)
15. Spirax Sarco (UK)
16. AVK Holdings A/S (Denmark)
17. Neles Corporation (Finland)
18. Other

Asia Pacific
19. Kitz Corporation (Japan)
20. Neway Valve (China)
21. Ham-Let (Israel)
22. Avcon Control (India)
23. Other

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Key questions answered in the Control Valve Market are:

• What recent industry trends can be leveraged to create new revenue streams in the Control Valve Market?
• What are the various segments within the Control Valve Market?
• Who are the major companies in the Control Valve Market, and what do their portfolios include?
• What is the Control Valve Market?
• What was the historical market size of the Control Valve Market?
• What is the current growth rate of the Control Valve Market?
• What factors are anticipated to drive growth in the Control Valve Market?
• Who are the leading players in the Control Valve Market?
• What are the different segments of the Control Valve Market?
• What strategies are companies employing to expand their presence in the Control Valve Market?

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