How big is the Industrial Valves Market?

The Industrial Valves Market size is expected to reach USD 70.97 billion in 2024 and grow at a CAGR of 4.52% to reach USD 88.53 billion by 2029. Read More

What is the current Industrial Valves Market size?

In 2024, the Industrial Valves Market size is expected to reach USD 70.97 billion. Read More

Who are the key players in Industrial Valves Market?

Emerson Electric Co., Flowserve Corporation, Crane Co., IMI and SLB are the major companies operating in the Industrial Valves Market. Read More

Which is the fastest growing region in Industrial Valves Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Valves Market?

In 2024, the Asia Pacific accounts for the largest market share in Industrial Valves Market. Read More

What years does this Industrial Valves Market cover, and what was the market size in 2023?

In 2023, the Industrial Valves Market size was estimated at USD 67.76 billion. The report covers the Industrial Valves Market historical market size for years: . The report also forecasts the Industrial Valves Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major drivers influencing the Industrial Valves Market growth?

The major drivers influencing the Industrial Valves Market growth are a) Increasing demand from industries such as healthcare, pharmaceuticals, and construction b) Adoption of smart city initiatives leading to the deployment of connected networks c) Rising need for valves in power plants, especially with the establishment of new nuclear plants and revamping existing ones Read More

Industrial Valves Market Research | Industry Analysis, Size & Outlook Report

Industrial Valves Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Industrial Valves Market Research Report is Segmented by Type (Butterfly Valve, Ball Valve, Globe Valve, Gate Valve, Plug Valve, and Other Types), Product (Quarter-Turn Valve, Multi-Turn Valve, and Other Products), Application (Power, Water and Wastewater Management, Chemicals, Oil and Gas, and Other Applications (Includes Food Processing, Mining, and Marine)), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). For Each Segment, The Market Sizing and Forecasts Have Been Done On the Basis of Revenue (USD).

Industrial Valves Industry Overview

The industrial valves market is highly fragmented, with the top ten players accounting for less than 15% of the total market share. The major companies (not in any particular order) include SLB, Emerson Electric Co., Flowserve Corporation, IMI, and Crane Co., among others.