Industrial Valves Market Size 2025-2029
The global industrial valves market size is projected to grow by USD 15-20 billion at a CAGR of 3%-5% from 2025 to 2029. Exact values for this market can be accessed upon purchasing the report.
The industrial valves market is experiencing significant growth, driven by several factors, including the construction of new power plants, increasing use of industrial equipment, and the growing demand for high-quality valves. Technological advancements in manufacturing processes and materials are further boosting the performance and efficiency of industrial valves, especially under extreme conditions. The increasing integration of IoT sensors into valves is revolutionizing industries, allowing for real-time monitoring and predictive maintenance, which enhances operational efficiency. Furthermore, the expansion of nuclear power plants and energy generation facilities is contributing to the rising demand for valves in key sectors.
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How is this Market Segmented and Which is the Largest Segment?
The market is segmented based on product type, application, and region.
- Product Type
- Gate valves
- Globe valves
- Ball valves
- Safety valves
- Others
- Application
- Automotive
- Energy & power
- Oil & gas
- Water & wastewater
- Chemicals
- Others
- Geography
- North America
- Canada
- US
- APAC
- China
- India
- Japan
- South Korea
- Europe
- Germany
- UK
- France
- South America
- Brazil
- Middle East and Africa
Product Insights:
Ball valves dominated the market in 2024 due to their precise control in fluid and gas flow applications. The safety valve segment is expected to grow at the fastest rate, driven by rapid industrialization and the growing need for safety across industrial applications.
Application Insights
The automotive sector accounted for the largest market share, with increased vehicle production driving demand for industrial valves in manufacturing processes. The water & wastewater segment is expected to witness the fastest growth due to the rising need for infrastructure and treatment facilities.
Regional Analysis
- North America: The North American industrial valves market is poised for significant growth, driven by increased industrialization, energy production, and government initiatives promoting innovation in energy technologies.
- Asia-Pacific: With the largest market share of 35.8% in 2023, the Asia-Pacific region is expected to lead the market due to rapid industrialization, energy demands, and technological advancements in manufacturing.
- Europe: Europe's market is driven by stringent environmental regulations and the rise in industrial projects focused on renewable energy and energy efficiency.
Market Dynamics
The industrial valves market is characterized by strong growth fueled by demand across diverse industrial sectors.
Key Drivers
- Technological Advancements: The introduction of IoT-enabled valves and automated control systems is enhancing operational efficiencies across industries.
- Expansion of Nuclear and Power Plants: New energy generation facilities, especially nuclear plants, are driving substantial demand for high-performance valves.
- Sustainability and Efficiency: Regulations around energy conservation and safety are pushing industries to adopt valves that ensure optimal resource management.
Key Challenges
- Rising Energy Costs: Increased energy costs for industrial valve production could impact pricing and profitability.
- Supply Chain Disruptions: Global supply chain challenges might lead to production delays and rising material costs, affecting the market.
Key Companies & Market Insights
This market research report includes detailed analyses of the competitive landscape of the market and information on close to 20 key companies, including:
- Emerson Electric Co.
- Velan Inc.
- Flowserve Corporation
- AVK Water
- KLINGER
These companies are focusing on product innovation, mergers, acquisitions, and strategic partnerships to enhance their market positions. The industry is highly competitive, and companies are exploring new technologies, including advanced materials and IoT integration, to differentiate their offerings.
Market Scope
Base Year |
2024 |
Forecast Period |
2025-2029 |
Market Size |
USD X.XX Billion* |
Market Growth |
X.XX%* |
Product Type |
|
Application |
|
Regional Landscape |
|
Key Companies Profiled |
|
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How the Benefits of a Technavio Market Research Report Can Empower Your Business
Technavio’s reports provide a range of market insights, including:
- A detailed analysis of the market, featuring market size, growth rate, segmentation, and regional performance
- In-depth analysis of the drivers, challenges, and other dynamics that will impact the growth of the market
- Predictions about upcoming trends and changes in consumer behavior
- Detailed information on key market players, including market positioning, product offerings, and more
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
- 3.3 Value chain analysis
- Value chain analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global Market - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global Market - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Market 2019 - 2023
- Historic Market Size - Data Table on Global Market 2019 - 2023 ($ billion)
- 5.2 Segment Analysis 2019 - 2023
- Historic Market Size – Segment Analysis 2019 - 2023 ($ billion)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on market condition - Five forces 2024 and 2029
8 Market Segmentation
- 8.1 Market segments
- Chart on Segmentation - Market share 2024-2029 (%)
- Data Table on Segmentation - Market share 2024-2029 (%)
- 8.2 Segment Comparison
- Chart on Comparison
- Data Table on Comparison
- 8.3 Segment Market Opportunity
- Market opportunity ($ billion)
- Data Table on Market Opportunity ($ billion)
9 Customer Landscape
- 9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
- 10.1 Geographic segmentation
- Chart on market share by geography 2024-2029 (%)
- Data Table on market share by geography 2024-2029 (%)
- 10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 10.3 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
11 Drivers, Challenges, and Opportunity/Restraints
- 11.1 Market drivers
- 11.2 Market challenges
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.1 Overview
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.1 Companies profiled
- Companies covered
- 13.2 Company ranking index
- Company ranking index
- 13.3 Market positioning of companies
- Matrix on companies position and classification
14 Appendix
- 14.1 Scope of the report
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- Research methodology
- 14.5 Data procurement
- Information sources
- 14.6 Data validation
- Data validation
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.8 Data synthesis
- Data synthesis
- 14.9 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations
- List of abbreviations

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