The global market for Water and Gas Valves was valued at an estimated US$30.9 Billion in 2023 and is projected to reach US$38.8 Billion by 2030, growing at a CAGR of 3.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growing demand for smart and IoT-enabled valves, which allow remote control and monitoring through smartphones, tablets, or computers, improving operational efficiency and reducing the need for on-site personnel, is a significant trend in the market. These smart valves are equipped with sensors that provide real-time data on parameters such as flow rate, pressure, and temperature, helping to monitor performance and optimize operation. The integration of IoT-enabled valves into larger automation systems in commercial buildings and industrial facilities enhances the efficiency of heating, cooling, and water supply management.
Additionally, the trend towards rapid urbanization and infrastructure development has led to an increased demand for efficient water and gas distribution networks. This is coupled with a heightened awareness of environmental issues and stricter regulations to ensure sustainability and safety. The adoption of smart city technologies, where valves equipped with sensors enable remote monitoring and data collection, further drives market trends. These advancements lead to energy savings, improved comfort, and enhanced system reliability, contributing to the overall growth and evolution of the water and gas valve market.
The growing demand for smart and IoT-enabled valves, which allow remote control and monitoring through smartphones, tablets, or computers, improving operational efficiency and reducing the need for on-site personnel, is a significant trend in the market. These smart valves are equipped with sensors that provide real-time data on parameters such as flow rate, pressure, and temperature, helping to monitor performance and optimize operation. The integration of IoT-enabled valves into larger automation systems in commercial buildings and industrial facilities enhances the efficiency of heating, cooling, and water supply management.
Additionally, the trend towards rapid urbanization and infrastructure development has led to an increased demand for efficient water and gas distribution networks. This is coupled with a heightened awareness of environmental issues and stricter regulations to ensure sustainability and safety. The adoption of smart city technologies, where valves equipped with sensors enable remote monitoring and data collection, further drives market trends. These advancements lead to energy savings, improved comfort, and enhanced system reliability, contributing to the overall growth and evolution of the water and gas valve market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Oil & Gas End-Use segment, which is expected to reach US$26.1 Billion by 2030 with a CAGR of a 3.1%. The Water & Wastewater End-Use segment is also set to grow at 3.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $8.4 Billion in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $8.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Water and Gas Valves Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Water and Gas Valves Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Water and Gas Valves Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Brassform, AVK Holding A/S, Blackhall Engineering, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 39 Featured):
- Brassform
- AVK Holding A/S
- Blackhall Engineering
- Crane Fluid Systems
- Ebm-papst Mulfingen GmbH & Co. KG
- Energy Valves Srl
- Enolgas Bonomi SpA
- IMI Critical Engineering
- KITZ Corporation
- CPF Industriale
- Emerson Electric Company
- Flowserve Corporation
- Hammond Valve Company
- PR Raimondi Valves Srl
- Schlumberger Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Brassform
- AVK Holding A/S
- Blackhall Engineering
- Crane Fluid Systems
- Ebm-papst Mulfingen GmbH & Co. KG
- Energy Valves Srl
- Enolgas Bonomi SpA
- IMI Critical Engineering
- KITZ Corporation
- CPF Industriale
- Emerson Electric Company
- Flowserve Corporation
- Hammond Valve Company
- PR Raimondi Valves Srl
- Schlumberger Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 177 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 30.9 Billion |
Forecasted Market Value ( USD | $ 38.8 Billion |
Compound Annual Growth Rate | 3.3% |
Regions Covered | Global |