Please Wait.....
Report
Industrial Valve Market - Globe, Ball, Butterfly, Plug, Check, Gate, Diaphragm, Safety, Needle, Pinch, & Solenoid Valve, Fluid (Liquid, Gas, Slurry), Actuator (Electric, Pneumatic, Hydraulic), Material (Steel, Aluminum, Nickel) - Global Forecast to 2029
Market Report I 2025-01-01 I 356 Pages I MarketsandMarkets
The global Industrial Valve market was valued at USD 95.58 billion in 2024 and is projected to reach USD 121.67 billion by 2029; it is expected to register a CAGR of 4.9% during the forecast period. The rising demand for valves from the healthcare and pharmaceutical industries, the establishment of smart cities globally, the rapid deployment of connected networks to monitor valve conditions and predict system failure, and the increasing need to establish new power plants and revamp existing ones are the key driving factors for the industrial valves market.
"Control valve segment is expected to grow at the highest CAGR during the forecast period."
The industry is moving toward adopting automated valves and sophisticated monitoring technologies coordinated through a central control station. Control valves can be linked to an extended data network, enabling them to easily monitor an industrial plant's flow rates and operating conditions. For instance, in an oil & gas plant, connecting valves on a network allows distributed control, which enables operators to reconfigure piping and networking systems in the case of a blockage or damage to the pipeline network and ensures a safer working environment without stopping the production process.
"Energy & power segment is likely to hold the second largest market in 2024."
The energy & Power segment is expected to hold the second-largest share of the Industrial Valve market in 2024. The energy & power industry is witnessing a strong need to develop infrastructure to meet the growing energy demand. This trend allows manufacturers to design and develop their products adhering to industry requirements and standards. Valves, specifically with digital capabilities, are in demand for safety applications and critical operations.
"The North America segment to Hold second Largest market share in 2023"
The market in North America is to hold the second-largest market share in 2023. Key factor driving the North American market include increased R&D on actuators utilized in valves for automation and the increasing need for safety standards in industrial plants. R&D at the industry level is broadening the scope of industrial valve applications into the different industries, namely energy & power and chemical, within the US. Industrial valves are used as components in oil & gas, energy & power, and water & wastewater treatment industries to regulate the flow of the media through a system, to start and stop the flow, or to throttle it, ensuring safe and efficient process automation.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type - Tier 1 - 40%, Tier 2 - 35%, Tier 3 - 25%
- By Designation- C-level Executives - 45%, Directors - 35%, Others - 20%
- By Region-North America - 30%, Europe - 25%, Asia Pacific - 40%, RoW - 5%
The Industrial Valve market is dominated by a few globally established players such as Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI (UK), Valmet (Finland), Spirax Sarco Limited (UK), Crane Company (US), Kitz Corporation (Japan), KSB SE & CO. KGAA (Germany), Alfa Laval (Sweden), Curtiss-Wright Corporation (US), Parker Hannifin Corporation (US), Bray International (US), Baker Hughes Company (US), IDEX Corporation (US). The study includes an in-depth competitive analysis of these key players in the Industrial Valve market and their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the Industrial Valve market and forecasts by valve type, Component, Material, Function, fluid Type, Size, pressure range, industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed market view across four main regions-North America, Europe, Asia Pacific, and RoW. A supply chain analysis has been included in the report, along with the key players and their competitive analysis of the Industrial Valve ecosystem.
Key Benefits to Buy the Report:
- Analysis of key drivers (Rising demand for valves from healthcare and pharmaceutical industries, Increasing need to establish new power plants and revamp existing ones, Rapid deployment of connected networks to monitor valve conditions and predict system failure, and Shifting focus of process industries toward adoption of automation solutions). Restraint (High capital investment and low-profit margin due to varying valve standards across regions, Customer dissatisfaction owing to higher lead time and late order delivery ), Opportunity (Integration of industrial valves with IIoT and Industry 4.0, Rising demand for AI-integrated valves for intelligent water supply, and Increasing adoption of smart valves as replacement for outdated valves ), Challenges (Focus of valve manufacturers on acquisitions affecting profit margins and cash flow, Fierce competition owing to reduced product differentiation).
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the Industrial Valve market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the Industrial Valve market across varied regions.
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the Industrial Valve market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI (UK), Valmet (Finland), Spirax Sarco Limited (UK), Crane Company (US), Kitz Corporation (Japan), KSB SE & CO. KGAA (Germany), Alfa Laval (Sweden), Curtiss-Wright Corporation (US), Parker Hannifin Corporation (US), Bray International (US), Baker Hughes Company (US), IDEX Corporation (US) among others in the Industrial Valve market
Please contact us for the full table of contents, as well as for any sample pages and content specific questions.
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security