Global Control Valves Market to Reach $26.2 Billion by 2030
The global market for Control Valves estimated at US$7.4 Billion in the year 2022, is projected to reach a revised size of US$26.2 Billion by 2030, growing at a CAGR of 17.2% over the analysis period 2022-2030. Actuators, one of the segments analyzed in the report, is projected to record 18.2% CAGR and reach US$11.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Valve Body segment is readjusted to a revised 16.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 23% CAGR
The Control Valves market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2030 trailing a CAGR of 23% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 14.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.Select Competitors (Total 42 Featured) -
- Alfa Laval
- Apollo Valves
- Avcon Controls
- Avk Holding A/S
- Cameron - (Schlumberger Company)
- Christian Bürkert
- Crane Co.
- Curtiss-Wright Corporation
- Dwyer Instruments
- Emerson
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alfa Laval
- Apollo Valves
- Avcon Controls
- Avk Holding A/S
- Cameron - (Schlumberger Company)
- Christian Bürkert
- Crane Co.
- Curtiss-Wright Corporation
- Dwyer Instruments
- Emerson
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.4 Billion |
Forecasted Market Value ( USD | $ 26.2 Billion |
Compound Annual Growth Rate | 17.1% |
Regions Covered | Global |