Us Control Valves Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Control Valves Market was valued at USD 5.10 Billion in 2022 and is projected to reach USD 7.20 Billion by 2030, growing at a CAGR of 4.50% from 2024 to 2030.
The U.S. control valves market is experiencing significant growth, driven by increasing demand across various industries such as oil and gas, energy and power, and water and wastewater treatment. Control valves are essential components in these sectors, regulating the flow of fluids and gases to ensure efficient and safe operations. In 2021, the North American control valve market was valued at approximately USD 1.982 billion and is projected to expand at a compound annual growth rate (CAGR) of 5.77% over the forecast period, reaching an estimated USD 2.936 billion by 2028. citeturn0search6 The U.S. market is characterized by a diverse range of control valve types, including rotary and linear valves, each serving specific applications. Rotary valves, such as ball, butterfly, and plug valves, are favored for their durability and suitability in handling dirty service applications. Linear valves, including globe and diaphragm valves, are preferred for precise flow control in various industrial processes. The adoption of smart control valves is on the rise, driven by the increasing emphasis on industrial automation and the integration of digital technologies. These advanced valves offer enhanced performance, reliability, and the ability to monitor and control processes remotely, contributing to improved operational efficiency and reduced downtime. Key players in the U.S. control valves market include Emerson Electric Co., Schlumberger Limited, Flowserve Corporation, Crane Co., and Rotork Plc. These companies are actively involved in product innovation, strategic partnerships, and market expansion to strengthen their positions in the competitive landscape. citeturn0search3 The market's growth is further supported by the increasing investments in infrastructure development and the expansion of industries such as pharmaceuticals and chemicals, which require precise flow control solutions. Additionally, the ongoing focus on energy efficiency and sustainability is driving the demand for advanced control valve technologies that contribute to optimized resource utilization and reduced environmental impact. In summary, the U.S. control valves market is poised for substantial growth, fueled by technological advancements, industrial expansion, and a strong focus on automation and efficiency. Stakeholders in the industry are well-positioned to capitalize on these trends by leveraging innovative solutions and strategic collaborations.
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Emerson Electric Co.
Flowserve Corporation
Neles Corporation
CIRCOR International Inc.
IMI PLC
Metso Outotec
Christian Burkert GmbH & Co. KG
Crane Co
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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. 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 Control Valves Market
Globe Valves
Gate Valves
Ball Valves
Butterfly Valves
Check Valves
Pressure Relief Valves
Solenoid Valves
Control Valve Actuators
Pneumatic Control Valves
Electric Control Valves
Hydraulic Control Valves
Manual Control Valves
Metal
Plastic
Alloy
Composite Materials
Oil and Gas
Water and Wastewater Management
Power Generation
Chemical Processing
Food and Beverage
Pharmaceuticals
HVAC Systems
Manufacturing
Construction
Aerospace and Defense
Automotive
Mining
Marine
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 Control Valves 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 Control Valves Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Control Valves Market, By Type
6. Global Control Valves Market, By Application
7. Global Control Valves Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Control Valves Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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