The gate valve market is projected to reach US$ 12,988.40 million by 2028 from US$ 8,712.18 million in 2020. It is estimated to register a CAGR of 4.5% during the forecast period. Key stakeholders in the gate valves market ecosystem include raw material suppliers, gate valves manufacturers, and end users.Raw material suppliers offer...
The Asia-Pacific industrial valves market was valued at USD 19,122.90 million in 2021 and it is expected to register a CAGR of more than 5% during the forecast period (2022-2027). Key Highlights The factors driving the market are surging demand for valves for establishing new nuclear power plants and revamping...
The industrial valve market is expected to reach US$ 125.59 billion by 2028 from US$ 78.18 billion in 2021; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028. The overall market has been segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa, and South and Central America. APAC constitutes a large population...
The global automotive valves market is projected to grow at a CAGR of 2.3% from 2022 to 2027, to reach USD 28.2 billion by 2027. Advance technologies such as antilock braking system (ABS), automatic transmission control, start stop system are pushing the market for automotive valves. Further, the steadily increasing vehicle production and...
The EGR valves market is projected to reach US$ 1,183.21 million by 2028 from US$ 909.19 million in 2021; it is expected to grow at a CAGR of 3.8% from 2021 to 2028. Vehicle manufacturing, one of the most important industries in the world, is growing due to the rising sales of vehicles, a surge in the manufacturing and sale of self-powered...
The global industrial valves market size was valued at USD 73 billion in 2021 and is projected to reach USD 90.5 billion by 2026. It is expected to grow at a CAGR of 4.4% during the forecast period. The high demand for control valves from oil and gas companies in North America, Latin America, and Africa is a critical factor driving the growth...
China’s demand for Valves has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and...
The global hygienic pumps and valves market size is expected to grow from USD 2.2 billion in 2021 to USD 2.8 billion by 2026, at a CAGR of 4.5%. The growth of this market is mainly driven by stringent government regulations for maintaining optimal hygiene level and expansion of processing industries globally. However, factor such as variations...
The global vacuum valve market is projected to reach USD 1.8 billion by 2026 from an estimated USD 1.2 billion in 2021, at a CAGR of 8.5% from 2021 to 2026. The growth of the market is mainly driven by the increasing demand for high-end semiconductors, production of which involves vacuum-based manufacturing processes. Semiconductor manufacturing...
The sanitary pumps market was valued at USD 1.9 billion in 2020 and is projected to reach USD 2.4 billion by 2026; it is expected to register a CAGR of 4.3% from 2021 to 2026. The growth of the market is attributed to the growing industrialization across the world and the increasing awareness of maintaining hygiene across the end-use industries....
The global cryogenic control valve market is expected to grow from US$ 2267.07 million in 2021 to US$ 3,117.79 million by 2028; it is estimated to grow at a CAGR of 4.7% during 2021–2028. The power generation sector is growing rapidly in developing as well as developed countries across the globe.Among the power generation sector, the...
The global aerospace valves market size is projected to grow from USD 11.4 billion in 2021 to USD 14.0 billion by 2026, at a CAGR of 4.1% from 2021 to 2026. The market is driven by various factors, such as increase in global aircraft fleet size, short replacement cycle of aerospace valves and growing demand for Unmanned Aerial Vehicles. The...
The Global Control Valve Market size is expected to reach $7.8 billion by 2026, rising at a market growth of 7.8% CAGR during the forecast period. Control valves are utilized to control process variables like pressure, temperature, flow, and fluid level in process industries that include chemicals, power generation, automotive, mining, oil...
Executive Summary The Global Industrial Valves Market was valued at USD 72672.11 Million in the year 2019. The global industrial valves market is witnessing lucrative growth owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, mandatory standards...
The global aircraft valve market was valued at US$ 4192.4 million in 2019 and is projected to reach US$ 6084.9 million by 2027; it is expected to grow at a CAGR of 6.2% during 2020–2027. The positive growth outlook of the global aviation industry and the surging number of air passengers across developing regions are the key factors...
The miniature pneumatics market in North America is expected to grow from US$ 832.99 million in 2019 to US$ 1,169.34 million by 2027; it is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The technical benefits such as improved efficiency, reliability, customization, and smooth machine function offered by miniature pneumatics are...
The global control valve market size was valued at USD 5.5 billion in 2020 and is projected to reach USD 10.6 billion by 2025. It is expected to grow at a CAGR of 14.2% during the forecast period. Increasing demand for valves from healthcare and pharmaceuticals industries due to outbreak of COVID-19 pandemic, rising demand for energy in APAC,...
Valve driver market to grow at CAGR of 4.3% from 2020 to 2025 The global valve driver market size is expected to grow from USD 421 million in 2020 to USD 519 million by 2025, at a CAGR of 4.3%. The growth of this market is mainly driven by Increase in government regulations and policies for saving energy and increase in...
The global pressure reducing valve market reached a value of US$ 3.0 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 3.7 Billion by 2027, exhibiting a CAGR of 3.69% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence...
The miniature pneumatics market in APAC is expected to grow from US$ 323.03 million in 2019 to US$ 588.76 million by 2027; it is estimated to grow at a CAGR of 7.8% from 2020 to 2027. Animatronics is the process of manufacturing and operating lifelike robots that are used for entertainment or films; whereas, robotics is the process of designing,...
Abstract: - Global Hydraulic Valves Market to Reach $42.2 Billion by 2027 - Amid the COVID-19 crisis, the global market for Hydraulic Valves estimated at US$32.2 Billion in the year 2020, is projected to reach a revised size of US$42.2 Billion by 2027, growing at a CAGR of 4% over the analysis period 2020-2027. Oil...
Abstract: - Global Solenoid Valves Market to Reach $4.5 Billion by 2027 - Amid the COVID-19 crisis, the global market for Solenoid Valves estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.5 Billion by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027. Stainless...
The miniature pneumatics market in Europe is expected to grow from US$ 523.80 million in 2019 to US$ 728.32 million by 2027; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027. Miniature pneumatics offers numerous benefits such as efficiency and customization to the healthcare industry.Moreover, due to the ongoing COVID-19 pandemic,...
The valve controller market is projected to register a CAGR of 3.7% from 2020 to 2025. The valve controller market size is estimated at USD 1.8 billion in 2020 and is projected to reach USD 2.2 billion by 2025. It is expected to register a CAGR of 3.7% during the forecast period. The rising importance of monitoring and...
The global steam trap market reached a value of US$ 3.8 Billion in 2020. Looking forward, the analyst expects the market to grow at a CAGR of 4.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries....
The miniature pneumatics market was valued at US$ 1,856.0 million in 2019 and is projected to reach US$ 2,725.7 million by 2027; it is expected to grow at a CAGR of 4.9% from 2020 to 2027. The technical benefits such as improved efficiency, reliability, customization, and smooth machine function offered by miniature pneumatics are increasing...
Adoption of electric, compact pneumatic, explosion-proof actuators are expected to fuel the growth of the global marine actuator and valves market. The global marine actuator and valves market size is projected to grow from USD 3.2 billion in 2019 to USD 4.2 billion by 2025, at a CAGR of 4.7% from 2019 to 2025. The marine valves market...
The North America and Europe steam trap market was valued at US$ 2,598.67 million in 2020 and is projected to reach US$ 3,969.11 million by 2028; it is expected to grow at a CAGR of 5.6% during the forecast period of 2020 to 2028. The surging demand for electronic products is a key factor encouraging developments in steam traps across...
Pressure Reducing Valve Market by Type (Direct Acting, and Pilot Operated), Operating Pressure (Below 300 Psig, 301-600 Psig, and Above 600 Psig), and End-User (Oil & Gas, Power Generation, Chemical, Water & Wastewater, Metals & Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026 The...
This study focuses on China’s Valves industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...