Global Valve market cagr 7.1%

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Valve Market Size and Growth

The valve market exhibits steady growth, driven by increased industrial automation and infrastructure development. As of 2023, the global valve market size is estimated to reach approximately $75 billion. Key trends include technological advancements, rising demand in oil and gas, water treatment, and emerging markets enhancing overall market conditions. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ Emerson

◍ Cameron (Schlumberger)

◍ Flowserve

◍ IMI

◍ Metso

◍ Kitz Group

◍ Velan

◍ Crane Company

◍ GE

◍ KSB Group

◍ Honeywell International

◍ Circor Energy

◍ Neway Valve

◍ Dunan

◍ Bürkert Fluid Control Systems

◍ Watts

◍ Sanhua

◍ Johnson Controls

The valve market is competitive, featuring companies like Emerson, Cameron, Flowserve, and Honeywell, offering diverse products. These firms drive market growth through innovation and efficient solutions. Sales revenues include:

- Emerson: ~$17 billion

- Flowserve: ~$4.8 billion

- Metso: ~$3.4 billion

- Honeywell: ~$36 billion.

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Market Segmentation

By Application

Oil & Gas

Chemical

Electric Power ◍ Municipal Water & Water Treatment

General Industry ◍ Others

By Product

◍ Shut-off Valve

Control Valve

Vent Valve

Diverter Valve

Others

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Market Growth

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$ X Billion USD

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