Electric Valve Automation Market size was valued at USD 3.5 Billion in 2024 and is forecasted to grow at a CAGR of 6.5% from 2026 to 2033, reaching USD 5.8 Billion by 2033.
The global Electric Valve Automation Market was valued at approximately USD 6.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2030. The market is driven by the increasing demand for automation in industries such as oil and gas, water treatment, and power generation. As industries push for greater efficiency, the use of electric valve automation systems to control fluid flow and pressure is expanding rapidly. Asia Pacific holds the largest share of the market, with significant contributions from countries such as China and India, which are witnessing large scale industrial expansions and infrastructure developments. North America and Europe also show robust growth, primarily driven by advancements in technology and the increasing adoption of automation in industrial applications.
Regionally, North America and Europe are expected to maintain steady growth due to advancements in automation technology and the adoption of electric valve systems in industries like oil and gas, chemicals, and power plants. The Asia Pacific region is projected to experience the fastest growth during the forecast period, fueled by rapid industrialization, increasing energy demand, and the adoption of automation solutions. The electric valve automation market in the Middle East and Africa is also anticipated to grow steadily, driven by the ongoing expansion of the oil and gas industry. Latin America is expected to see moderate growth due to infrastructural development and the rising focus on energy efficient solutions. The market presents numerous opportunities for innovation and expansion, especially in emerging regions where industrial growth is on the rise.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=615794&utm_source=Pulse_G_April&utm_medium=226
Â
KLINGER
Neles(Valmet)
Valworx
Hawa Valves Automation
Emerson
SMC Corporation
Automated Valve & Equipment Co.
Strahman Group
HSP Valves Group Ltd
John Brooks Company
DAC Technologies BV
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=615794&utm_source=Pulse_G_April&utm_medium=226
Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Valve Automation Market
Ball Valves
Butterfly Valves
Gate Valves
Globe Valves
Check Valves
Electric Actuators
Pneumatic Actuators
Hydraulic Actuators
Manual Actuators
Oil and Gas
Water and Wastewater Management
Power Generation
Chemicals
Food and Beverage
Pharmaceuticals
On/Off Control
Modulating Control
Smart Control
Manual Control
Single Acting
Double Acting
Multi-turn
Quarter-turn
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/electric-valve-automation-market/
1. Introduction of the Global Electric Valve Automation Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Valve Automation Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Valve Automation Market, By Type
6. Global Electric Valve Automation Market, By Application
7. Global Electric Valve Automation Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Electric Valve Automation Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/