Electric Valve Automation Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 7.9 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
In comparison to 2023-2033, the electric valve automation market is expected to experience an even greater expansion, largely fueled by technological innovations and the global trend toward digital transformation in industrial processes. The demand for more reliable, energy-efficient, and smart solutions is expected to drive market growth. The introduction of artificial intelligence (AI) and the Internet of Things (IoT) into valve automation technology is poised to create new opportunities for market players. Additionally, the adoption of sustainable and environmentally friendly practices across various sectors will likely propel the demand for electric valve automation systems that minimize waste and energy consumption. As a result, by 2033, the market is predicted to grow at a compound annual growth rate (CAGR) of over 7%.
The oil & gas industry remains one of the largest consumers of electric valve automation systems, owing to its need for high-performance valves in challenging environments. The chemical industry is another key sector that will continue to drive demand, with an increased need for automation in chemical processing and manufacturing. Similarly, water and wastewater treatment facilities worldwide are incorporating more automation into their processes to reduce labor costs, minimize errors, and enhance operational efficiency. Furthermore, emerging economies in Asia-Pacific, the Middle East, and Africa are expected to show significant growth in demand for electric valve automation solutions, as industrialization and infrastructural development continue to accelerate in these regions.
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The Electric Valve Automation Market experienced significant growth between 2018 and 2022, driven by advancements in industrial automation, increased demand for energy efficiency, and the expanding industrial sector. Automation solutions, particularly electric valves, have become critical in managing complex fluid control systems in industries such as oil & gas, water treatment, and chemicals. In the period from 2018 to 2022, the market showed steady upward momentum, with electric valves becoming the preferred choice for their precision and low energy consumption. As industries continue to strive for optimal efficiency and automation, the demand for electric valve automation solutions has surged, with an estimated market size surpassing USD 5 billion by the end of 2022.
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
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 Electric Valve Automation Market
Petroleum and Natural Gas
Automobile
Others
Based on Types the Market is categorized into Below types that held the largest Electric Valve Automation market share In 2023.
Cast Iron Material
Brass Material
Other Materials
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 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
Global
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
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