Industrial Valves Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Industrial Valves Market is segmented By Valve Type (Butterfly Valves, Ball Valves, Globe Valves, Ga....

Industrial Valves Market Size

Market Size in USD Bn

CAGR12.6%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR12.6%
Market ConcentrationHigh
Major PlayersAvcon Controls Private Limited, AVK Holding A/S, Crane Co., Metso Corporation, Schlumberger Limited and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
setting-icon
Want to purchase customized report?
please let us know !

Industrial Valves Market Analysis

The industrial valves market is estimated to be valued at USD 76.9 Bn in 2024 and is expected to reach USD 176.5 Bn by 2031. It is estimated to grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031. The industrial valves market is witnessing positive trends such as growing adoption of smart valves and emergence of collaborative robots.