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.
As industries shifted towards automation and more sustainable practices, the demand for compact and expanding gate valves surged. Notably, valves with enhanced safety features and easier integration into automated systems saw increased adoption. The market also witnessed growth in specialized sectors, such as offshore and subsea applications, where compactness and resistance to extreme conditions are crucial. Innovations like non-corrosive materials, advanced sealing technologies, and extended lifespan features propelled the growth of the Compact Expanding Gate Valve market.
However, looking towards the future, from 2023 to 2033, the demand for compact expanding gate valves is expected to evolve due to a combination of emerging industry trends and technological advancements. With the rise in infrastructure development, especially in emerging economies, and the expansion of industries such as renewable energy and power generation, a new wave of demand for these valves is anticipated. Technologies such as Internet of Things (IoT) integration for real-time monitoring and predictive maintenance are also expected to become more common, providing end-users with more control and reducing operational costs.
New applications in water treatment and mining will further broaden the demand spectrum for these valves, with custom designs aimed at specific industry needs. Additionally, as industries shift towards more environmentally friendly solutions, the focus will likely be on the sustainable design of these valves, with eco-friendly materials playing an increasingly significant role. The future also promises the development of smarter, more energy-efficient valves, aimed at reducing energy consumption in various processes.
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The Compact Expanding Gate Valve market experienced steady growth between 2018 and 2022, driven by advancements in industrial applications and an increasing need for reliable, efficient valve solutions. During this period, industries such as oil and gas, chemical processing, and water treatment saw a significant uptake in demand for gate valves that offer reliable sealing and minimal maintenance. Key innovations in valve design, coupled with improved manufacturing processes, enabled valves to become more compact and efficient while maintaining high performance standards.
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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