Industrial Control Valve Market size was valued at USD 15.2 Billion in 2024 and is projected to reach USD 24.5 Billion by 2033, exhibiting a CAGR of 6.3% from 2026 to 2033.
The global industrial control valve market was valued at approximately USD 11.2 billion in 2022, with a projected compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This market growth is driven by increasing industrial automation, the demand for energy efficient solutions, and the expansion of end use industries such as oil & gas, chemicals, and water treatment. North America holds a significant share in the market, accounting for about 30% of the total market value in 2022. The regions dominance is attributed to the large scale infrastructure development, growing automation, and energy sector investments, which are anticipated to continue boosting demand for industrial control valves during the forecast period.
In terms of regional growth, Asia Pacific is expected to witness the fastest CAGR of 6.5% from 2023 to 2030, reaching a market size of around USD 5.2 billion by 2030. This growth is driven by rapid industrialization, particularly in countries like China and India, alongside rising investments in manufacturing and energy sectors. Europe is another key region in the market, holding a market share of approximately 25% in 2022, with a steady growth outlook due to the presence of established manufacturing industries and stringent regulations that push for advanced control systems. The Middle East & Africa and Latin America regions are also witnessing growth, with opportunities emerging in the oil & gas and water management sectors.
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Warren Controls
Valvola Corporation
Weir Group
Pentair
Eaton
Valtorc International
Jordan Valve
Apollo Valves
Lapar Control Valve
SAMSON
Ramen Valves
Cashco
Prime Industrial Valves
Zhejiang Xinhai Valve Manufacturing
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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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Control Valve Market
Globe Valves
Ball Valves
Butterfly Valves
Gate Valves
Check Valves
Pressure Relief Valves
Oil and Gas
Water and Wastewater Management
Power Generation
Chemical Processing
Pharmaceuticals
Food and Beverage
Pulp and Paper
Manual Actuation
Pneumatic Actuation
Electric Actuation
Hydraulic Actuation
Smart Actuators
Stainless Steel
Copper Alloys
Cast Iron
Plastic
Carbon Steel
Up to 2 inches
2 to 6 inches
6 to 12 inches
12 to 24 inches
Above 24 inches
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)
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1. Introduction of the Global Industrial Control 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 Industrial Control Valve Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Control Valve Market, By Type
6. Global Industrial Control Valve Market, By Application
7. Global Industrial Control Valve Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Control Valve Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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