Global Control Valves Market 2024-2028
The control valves market is forecasted to grow by USD 2770.3 million during 2023-2028, accelerating at a CAGR of 5.33% during the forecast period. The report on the control valves market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising investments in fluid handling, growth in renewable energy, and stringent environmental regulations.
Technavio's control valves market is segmented as below:
By Application
- Pneumatic
- Electrical
- Hydraulic
By Product
- Sliding shaft
- Rotating shaft
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the developments in control valve positioners as one of the prime reasons driving the control valves market growth during the next few years. Also, evolution of valve diagnostics and additive manufacturing gaining traction will lead to sizable demand in the market.
The report on the control valves market covers the following areas:
- Control valves market sizing
- Control valves market forecast
- Control valves market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading control valves market vendors that include Alfa Laval AB, Avcon Controls Pvt. Ltd., AVK Holding AS, Baker Hughes Co., Bray International Inc., Curtiss Wright Corp., DFT Inc., Emerson Electric Co., Flowserve Corp., Goodwin PLC, Honeywell International Inc., IMI Hydronic Engineering Inc., KSB SE and Co. KGaA, Parker Hannifin Corp., SAMSON AG, Schlumberger Ltd., Trillium Flow Technologies, Valmet Corp., Valvitalia SpA, and Watts Water Technologies Inc.. Also, the control valves market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.