Globe Valves and Actuators Market Revenue was valued at USD 5.12 Billion in 2024 and is estimated to reach USD 8.67 Billion by 2033, growing at a CAGR of 6.3% from 2026 to 2033.
The global Globe Valves and Actuators Market was valued at approximately USD 10.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. The market is witnessing significant growth driven by rising demand from industries such as oil and gas, water treatment, and power generation. These industries require precise flow control solutions, and globe valves paired with actuators offer the reliability and functionality needed for efficient operations. The markets expansion is also supported by technological advancements in automation and control systems, which have increased the adoption of globe valves and actuators in various applications.
Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific held the largest share of the Globe Valves and Actuators Market in 2022, accounting for nearly 40% of the global market. This region is expected to continue dominating due to rapid industrialization and increasing infrastructure development, particularly in countries like China and India. North America and Europe are also key markets, with growing investments in industrial automation and energy infrastructure contributing to steady market growth. Latin America and the Middle East & Africa are emerging markets, offering substantial opportunities for growth driven by increasing demand in energy, water management, and industrial sectors.
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GEMÜ Group
Emerson
Flowserve
V-Flow
Velan
Valmet
ARI-Armaturen
Bestobell AquaTronix
Parker
Donjoy Technology
Zella Instrumentation & Control
Crane ChemPharma & Energy
KITZ
Samson Controls
Valvitalia
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 Globe Valves and Actuators Market
Rising Stem Globe Valves
Non-Rising Stem Globe Valves
Angle Globe Valves
Y-Pattern Globe Valves
Pneumatic Actuators
Electric Actuators
Hydraulic Actuators
Small (Up to 2 inches)
Medium (2-6 inches)
Large (Above 6 inches)
Flanged
Threaded
Welded
Clamped
Stainless Steel
Cast Iron
Brass
Bronze
Carbon Steel
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 Globe Valves and Actuators 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 Globe Valves and Actuators Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Globe Valves and Actuators Market, By Type
6. Global Globe Valves and Actuators Market, By Application
7. Global Globe Valves and Actuators Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Globe Valves and Actuators Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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