Compact Expanding Gate Valve Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global compact expanding gate valve market was valued at approximately USD 1.2 billion in 2022 and is anticipated to reach around USD 1.8 billion by 2028. This growth reflects a robust compound annual growth rate (CAGR) of 7.0% during the forecast period. The market's expansion is driven by increasing demand for efficient and reliable valve solutions across various industries, including oil and gas, water treatment, and chemical processing. As industries continue to focus on optimizing operational efficiency and reducing maintenance costs, the compact expanding gate valve is gaining prominence due to its advanced features and performance benefits.
Opportunities in the market are emerging due to advancements in valve technology and the growing need for automation in industrial processes. Additionally, the expansion of infrastructure projects and industrial development in developing regions are expected to further boost market growth. Key factors such as stringent regulations on emissions and the drive towards sustainable industrial practices are also likely to contribute to the market's positive trajectory. As a result, the compact expanding gate valve market is poised to offer significant growth potential for manufacturers and stakeholders in the coming years.
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Flowserve
Celeros Flow Technology
FLUITEK VALVES
Quarter Turn Resources
Curtiss-Wright
FUJI Technology Inc
Velan
MIR VALVE
Vastas
DeZURIK
Walworth
Dualvalves
Severn
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Compact Expanding Gate Valve Market
Machine Made
Marine Industry
Water Treatment
Agriculture
Others
Based on Types the Market is categorized into Below types that held the largest Compact Expanding Gate Valve market share In 2023.
Electric
Pneumatic
Manual
Global (United States, Global 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)
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1. Introduction of the Global Compact Expanding Gate Valve 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 Compact Expanding Gate Valve Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Compact Expanding Gate Valve Market, By Type
6. Global Compact Expanding Gate Valve Market, By Application
7. Global Compact Expanding Gate Valve Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Compact Expanding Gate Valve Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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