Global control valve market is anticipated to grow at a moderate CAGR of 13.5% during the forecast period (2024-2031). The market growth is attributed to the increasing demand for industrial automation and the necessity for precise regulation in sectors such as oil & gas, water treatment, and manufacturing globally driving the growth of the market. Many procedures require control valves to regulate temperature, pressure, flow, and other variables. The size of the pipe, the system's total operating pressure, the media that is flowing, the circumstances of the operation, and other elements determine the kind of valve that is utilized. For instance, in July 2022, Valmet introduced Neles™ Q-Disc™ – a unique solution to improve process performance in demanding control valve applications. The company introduced a versatile butterfly valve product range with Neles™ Q-Disc™, a new high-performance feature to help flow balancing in control valve applications.
Browse the full report description of “Control Valve Market Size, Share & Trends Analysis Report by Component (Valve Body and Actuators), by Material (Stainless Steel, Cast Iron, Cryogenic and Alloy Based), by Type (Rotary Valves and Linear Valves), and by Process Industry (Oil & Gas, Energy & Power, Water & Wastewater Treatment, Food & Beverages, Metals & Mining, Chemicals, Pharmaceuticals, Building & Construction and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/control-valve-market
The regulator valve controls the system's overall pressure and adds to the gas control valve's versatility in its continuously movable valve locations. The new component is manufactured with an automotive application using an acoustic valve, thus supporting the transformation. For instance, in October 2023, Eberspaecher introduced a control valve to regulate gas mass flows in fuel cell systems to transform the automotive industry. The compactly designed Gas Control Valve developed by Purem by Eberspaecher is used to regulate mass flows within the system. In this way, it ensures the fuel cell is operated safely and efficiently.
Control valve solution can measure and control airflow far better than traditional Variable Air Volumes (VAVs), which have limited efficiency of their maximum airflow. The precise control and extended airflow operating range eliminate the need to select from a long list of multiple VAV box sizes. For instance, in January 2022, Distech Controls introduced a smart air control valve solution. That replaces a traditional Variable Air Volume (VAV) box, offering greater airflow control accuracy and a much wider operating range, all while delivering increased energy savings and a more comfortable environment.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Component
o By Material
o By Type
o By Process Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Baker Hughes, Emerson Electric Co., General Electric Company, Honeywell International Inc., and Johnson Controls among others.
Key questions addressed by the report.
Global Control Valve Market Report Segment
By Component
By Material
By Type
By Process Industry
Global Control Valve Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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