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US Industrial Valve Market to Reach $11.02 Billion by 2029 - Gate Valves Leading the Market - Exclusive Focus Insight Report by Arizton

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News provided by

Arizton Advisory & Intelligence

17 Apr, 2024, 18:05 GMT

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CHICAGO, April 17, 2024 /PRNewswire/ -- Arizton's latest focus insight research report shows that the US industrial valve market is growing at a CAGR of 4.28% from 2023-2029.

To Know More, Click: https://www.focusreports.store/report/us-industrial-valve-market-focused-insights

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U.S. Industrial Valve Market Focus Insight Report by Arizton

The US Industrial Valve Market Report Scope

Report Attributes

Details

Market Size (2029)

$11.02 Billion

CAGR (2023-2029)

4.28 %

Historic Year

2020-2022

Base Year

2023

Forecast Year

2024-2029

Cybersecurity takes center stage in the US industrial valves market as digital technologies become more integrated. Investments are actively made to secure valve systems against cyber threats to prevent unauthorized access and potential disruptions. Intrusion Detection Systems (IDS) are increasingly deployed to alert operators of potential security breaches, reflecting a broader commitment to safeguarding critical infrastructure amidst digital transformation. The US market sees rising demand for customized and modular valve solutions, with companies like Emerson Electric leading the charge. End-users seek valves that can be tailored to specific operational requirements, offering flexibility in both design and functionality. This shift toward modular solutions facilitates easier integration, maintenance, and scalability, catering to diverse industry needs spanning manufacturing, energy, and pharmaceuticals.

Gate Valves Leading the Market with $2.70 Billion Share by 2029

Gate valves are vital in the US industrial valves market, especially in applications requiring full and unobstructed flow. In the oil and gas sector, gate valves are indispensable for regulating the flow of crude oil and natural gas within pipelines.

Renowned for their robust construction, gate valves are highly favored in rigorous oil and gas industry conditions, particularly during refining processes where reliability is paramount for uninterrupted operations.

Challenges within the gate valve segment primarily revolve around enhancing efficiency and minimizing pressure drop. Market trends are marked by innovative design solutions aimed at tackling these challenges, focusing on enhancing overall system performance and reducing energy consumption. Ongoing advancements concentrate on materials and design improvements to ensure the durability and effectiveness of gate valves across diverse industrial environments. For instance, integrating corrosion-resistant materials in gate valves prolongs their lifespan, thereby reducing maintenance expenses in corrosive settings.

Key Developments

  • Parker's introduction of valves with integral O-LOK tube connections, specifically designed for hydrogen applications, reflects the industry's response to the increasing demand for safety-critical solutions. These valves enhance operational efficiency and safety in hydrogen-related processes with soft-seal leak-free design and vibration resistance. Market players should prioritize the development of specialized valves for emerging sectors such as hydrogen, thereby emphasizing safety and efficiency.
  • Emerson's integration of OPEN PLATFORM COMMUNICATIONS UNIFIED ARCHITECTURE (OPC UA) functionality in its AVENTICS Series Advanced Valve System represents a step toward improved interoperability and data accessibility. This development enhances the digital capabilities of pneumatic valve systems, aiding in better productivity and efficiency through integrating digital twins. Market participants should consider incorporating digital advancements in valve systems, focusing on interoperability and data utilization to meet evolving industry needs.

To Know More, Click: https://www.focusreports.store/report/us-industrial-valve-market-focused-insights

Segmentation & Forecast 

  • PRODUCT TYPE (Revenue)
  • Ball
  • Butterfly
  • Globe
  • Gate
  • Check
  • Others
  • OPERATION (Revenue)
  • Manual
  • Automatic
  • Auto-Responsive
  • FUNCTION (Revenue)
  • On/Off
  • Control
  • SIZE (Revenue)
  • Below 1"
  • 1"–6"
  • 7"–24"
  • Above 24"
  • MOTION (Revenue)
  • Linear
  • Rotary
  • Others
  • END-USER (Revenue)
  • Oil & Gas, Energy
  • Water & Wastewater Treatment
  • Chemicals
  • Food & Beverage
  • Healthcare
  • Others

Vendors List 

Key Vendors: Bray International, Crane, Emerson Electric, Flowserve, SLB, Baker Hughes, Danfoss, KITZ, SMC Corporation, and Velan 

Other Prominent Vendors: Curtiss-Wright, Mueller, The Weir Group, Parker Hannifin, Honeywell International, Watts, Powell Valves, Richards Industrials, Forbes Marshall, Tylok, A-T Controls, White Knight Fluid Handling, KLINGER, Böhmer, Simtech, Anything Flows, Davis Valve, AVK Group, Walworth, LESER, Microfinish, Newmans Valve, Bonney Forge, Global Valve & Controls, Gemini Valve, Superlok, Gemco Valve, DEFINOX, Valcor Engineering, & Valves Only 

Key Questions Answered in the Report: 

Q. How big is the U.S. industrial valve market? 

Q. What is the growth rate of the U.S. industrial valve market?  

Q. What are the trends in the U.S. industrial valve market? 

Q. Who are the major players in the U.S. industrial valve market?  

Table of Content 

CHAPTER – 1: U.S. Industrial Valve Market Overview 

  • Executive Summary
  • Introduction
  • Key Findings

CHAPTER – 2: U.S. Industrial Valve Market Projected Revenue 

  • U.S.: Projected Revenue of Industrial Valve (2024-2029; $Billions) 

CHAPTER – 3: U.S. Industrial Valve Market Segmentation Data 

  • US: Projected Revenue by Product Type (2024-2029); (Revenue $ B.N.)
  • Product Type Snapshot
  • Linear
  • Rotary
  • Others
  • U.S.: Projected Revenue by Material Type (2024-2029); (Revenue $ B.N.)
  • Material Type Snapshot
  • Stainless Steel
  • Bronze/Brass
  • Plastic
  • Cast Iron
  • Others
  • U.S.: Projected Revenue by Operation (2024-2029); (Revenue $ B.N.)
  • Operation Snapshot
  • Manual
  • Automatic
  • Auto-Responsive
  • US: Projected Revenue by Function (2024-2029); (Revenue $ B.N.)
  • Function Snapshot
  • On/Off
  • Control
  • U.S.: Projected Revenue by Size (2024-2029); (Revenue $ B.N.)
  • Size Snapshot
  • Below 1"
  • 1"–6"
  • 7"–24"
  • Above 24"
  • U.S.: Projected Revenue by Motion (2024-2029); (Revenue $ B.N.)
  • Motion Snapshot
  • Linear
  • Rotary
  • Others
  • U.S.: Projected Revenue by End-User (2024-2029); (Revenue $ B.N.) 
  • End-User Snapshot
  • Oil & Gas, Energy
  • Water & Wastewater Treatment
  • Chemicals
  • Food & Beverage
  • Healthcare
  • Others

  CHAPTER – 4: U.S. Industrial Valve Market Prospects & Opportunities 

  • U.S. Industrial Valve Market Trends
  • U.S. Industrial Valve Market Drivers
  • U.S. Industrial Valve Market Constraints

 CHAPTER – 5: U.S. Industrial Valve Market Industry Overview 

  • U.S. Industrial Valve Market - Competitive Landscape
  • U.S. Industrial Valve Market - Key Players
  • U.S. Industrial Valve Market – Other Prominent Vendors

 CHAPTER – 6: Appendix 

  • Research Methodology
  • Abbreviations
  • About Arizton

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About Focused Reports by Arizton             

Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing.            

About Us:                                                        

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.                                                           

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.                                                            

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.             

Contact Us:            
Call: +1-312-235-2040                                                        
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Mail: enquiry@arizton.com           
Website: https://www.focusreports.store/

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