
Control Valve Market Size - By Component (Actuator, Valve Body, Positioners), By Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), By Technology, By Size, By Type (Linear, Rotary) By End-use Industry & Forecast, 2024 – 2032
Description
Control Valve Market Size - By Component (Actuator, Valve Body, Positioners), By Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), By Technology, By Size, By Type (Linear, Rotary) By End-use Industry & Forecast, 2024 – 2032
Control Valve Market size will record more than 8% CAGR from 2024-2032, led by the surging focus on automation and digitalization. The adoption of Industry 4.0 practices is pushing the demand for control valves for integration into automated and digitalized manufacturing processes. Automation systems that deploy these valves for precise control of flow, pressure, and temperature are becoming more sophisticated to render improved operational efficiency.
Lately, manufacturers are also developing specialized solutions to cater to industry-specific requirements, further providing greater opportunities for the market growth. For instance, in February 2024, Bürkert introduced its new range of easy-to-service and direct-acting solenoid valves for the control of liquids and steam in the food sector.
The control valve industry is segmented into component, material, technology, size, type, end-use industry, and region.
By technology, the industry value from the electric segment is anticipated to witness strong growth between 2024 and 2032. This is driven by the precision, energy efficiency, low maintenance requirements, environmental benefits, and compatibility with modern automation systems offered by electric control valves. Rising adoption to provide accurate positioning and control over fluid flow as it is essential for maintaining optimal process conditions will favor the segment growth.
Based on end-use industry, the control valve market size from the chemicals segment is expected to expand from 2024 to 2032. This is owing to their rising importance for managing and optimizing chemical processes while ensuring safety and meeting the regulatory requirements. Innovations in valve designs, such as high-performance butterfly valves to provide better control and longer service life while reducing maintenance costs and downtime will add to the product application scope.
Regionally, the Asia Pacific control valve industry is projected to witness substantial CAGR between 2024 and 2032 due to massive infrastructure projects, including new manufacturing plants, refineries, and power plants. Rapid urbanization across the region is leading to the higher demand for efficient water and wastewater treatment systems. The surging investments in smart city projects along with the rise in renewable energy projects, such as wind, solar, and hydropower, are also driving the demand for specialized control valves in the region.
Table of Contents
200 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Control valve industry 360° synopsis, 2021 - 2032
- 2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024-2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Vendor matrix
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news and initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Increasing adoption of smart valves and digitalization.
- 3.8.1.2 Stringent government regulations for environmental protection.
- 3.8.1.3 Growth in water and wastewater treatment applications.
- 3.8.1.4 Advancements in control valve technology and materials.
- 3.8.1.5 Rising emphasis on energy efficiency and conservation.
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Vulnerability to economic downturns and market fluctuations
- 3.8.2.2 Price competition due to many manufacturers
- 3.9 Growth potential analysis
- 3.10 Porter’s analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates & Forecast, By Component, 2021 - 2032 (USD Million)
- 5.1 Key trends
- 5.2 Actuator
- 5.3 Valve body
- 5.4 Positioners
- 5.5 Others
- Chapter 6 Market Estimates & Forecast, By Material, 2021 - 2032 (USD Million)
- 6.1 Key trends
- 6.2 Stainless steel
- 6.3 Cast iron
- 6.4 Cryogenic
- 6.5 Alloy based
- 6.6 Others
- Chapter 7 Market Estimates & Forecast, By Technology, 2021 - 2032 (USD Million)
- 7.1 Key trends
- 7.2 Electric
- 7.3 Pneumatic
- 7.4 Hydraulic
- 7.5 Manual
- Chapter 9 Market Estimates & Forecast, By Type, 2021 - 2032 (USD Million)
- 9.1 Key trends
- 9.2 Linear
- 9.3 Rotary
- Chapter 10 Market Estimates & Forecast, By End-use Industry, 2021 - 2032 (USD Million)
- 10.1 Oil & gas
- 10.2 Water & wastewater
- 10.3 Energy & power
- 10.4 Chemicals
- 10.5 Food & beverages
- 10.6 Others
- Chapter 11 Market Estimates & Forecast, By Region, 2021 - 2032 (USD Million)
- 11.1 Key trends
- 11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 ANZ
- 11.4.6 Rest of Asia Pacific
- 11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
- 11.6 MEA
- 11.6.1 UAE
- 11.6.2 South Africa
- 11.6.3 Saudi Arabia
- 11.6.4 Rest of MEA
- Chapter 12 Company Profiles
- 12.1 Alfa Laval AB
- 12.2 AVK Holding A/S
- 12.3 Badger Meter, Inc.
- 12.4 Bürkert Fluid Control Systems
- 12.5 Cameron (Schlumberger Limited)
- 12.6 Crane Co.
- 12.7 Curtiss-Wright Corporation
- 12.8 Emerson Electric Co.
- 12.9 Flowserve Corporation
- 12.10 Honeywell International Inc.
- 12.11 IMI plc
- 12.12 KITZ Corporation
- 12.13 KSB Group
- 12.14 Metso Corporation
- 12.15 Parker Hannifin Corporation
- 12.16 Richards Industries
- 12.17 Rotork plc
- 12.18 Samson AG
- 12.19 Spirax-Sarco Engineering plc
- 12.20 Velan Inc.
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