Quick Summary:
The Instrumentation Valves and Fittings market is poised for significant growth, projected to nearly double from $2.5 Billion to $4.3 Billion across the next eight years. This comprehensive market research report provides the insights senior executives need to strategically position themselves for this impending expansion, critically appraising market trajectories, key competitors, and regional trends.
Arming buyers with a robust understanding of the market landscape, this report furnishes crucial intelligence on prominent market players, global competitiveness, and market presence across geographies. This report is an essential tool in navigating shifts in a rapidly growing industry with foresight and precision. Alongside the report, you will gain access to an online interactive peer-to-peer collaborative bespoke updates, digital archives, and a research platform, as well as complimentary updates for an entire year, rendering this a vital investment for future-proofed decision-making.
Global Instrumentation Valves and Fittings Market to Reach $4.3 Billion by 2030
The global market for Instrumentation Valves and Fittings estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Valves, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach US$1.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fittings segment is readjusted to a revised 6.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $694 Million, While China is Forecast to Grow at 11% CAGR
The Instrumentation Valves and Fittings market in the U.S. is estimated at US$694 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$983.8 Million by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$589.4 Million by the year 2030.Select Competitors (Total 19 Featured) -
- Braeco
- Bray International, Inc.
- Circor International, Inc.
- Dwyer Instruments, Inc.
- FITOK Inc.
- Ham-Let Group
- Hex Valves
- Hy-Lok Corporation
- Oliver Valves Limited
- Parker Hannifin Corporation
- Safelok Components Ltd.
- Ssp Fittings Corporation
- Swagelok Company
- Tylok International, Inc.
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
- Complimentary updates for one year
What is the estimated value of the Global Market for Instrumentation Valves and Fittings?
What is the growth rate of the Global Market for Instrumentation Valves and Fittings?
What is the forecasted size of the Global Market for Instrumentation Valves and Fittings?
Who are the key companies in the Global Market for Instrumentation Valves and Fittings?
| Report Attribute | Details |
|---|---|
| No. of Pages | 233 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.5 Billion |
| Forecasted Market Value ( USD | $ 4.3 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Braeco
- Bray International, Inc.
- Circor International, Inc.
- Dwyer Instruments, Inc.
- FITOK Inc.
- Ham-Let Group
- Hex Valves
- Hy-Lok Corporation
- Oliver Valves Limited
- Parker Hannifin Corporation
- Safelok Components Ltd.
- Ssp Fittings Corporation
- Swagelok Company
- Tylok International, Inc.
