水素バルブ市場 – 2030年までの世界予測

Hydrogen Valve Market - Global Forecast To 2030

水素バルブ市場 - タイプ (ボール、ニードル、チェック、圧力リリーフ、グローブ、流量制御)、サイズ、材質 (スチール、アルミニウム)、圧力、実装、用途 (生産、給油所、保管、輸送、燃料販売) - 2030年までの世界予測
Hydrogen Valve Market by Type (Ball, Needle, Check, Pressure Relief, Globe, Flow Control), Size, Material (Steel, Aluminum), Pressure, Implementation, Application (Production, Fueling Station, Storage, Transportation, Fuel Sell) - Global Forecast to 2030
出版社MarketsandMarkets
出版年月2024年8月
ページ数237
図表数242
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global hydrogen valve market was valued at USD 331 million in 2024 and is projected to reach USD 507 million by 2030; it is expected to register a CAGR of 7.4% during the forecast period.

世界の水素バルブ市場は、2024 年に 3 億 3,100 万米ドルと評価され、2030 年までに 5 億 700 万米ドルに達すると予測されています。予測期間中に 7.4% の CAGR を記録すると予想されます。

水素バルブ市場 - 2030年までの世界予測

This growing demand of hydrogen as a clean fuel, abated by the global sustainability initiatives and government policies to qualitatively enhance hydrogen production, is significantly boosting the hydrogen valve market. Most of the increase is thus supplemented because of the increasing need for efficient and safe infrastructure to support hydrogen distribution and utilization in various applications ranging from transportation to industrial processes. With growing investments in hydrogen technologies, demand is likely to surge for specialized valves working over high pressure and corrosive situations.

水素バルブ市場 - 2030年までの世界予測  ecosystem

Hydrogen ball valve is expected to have the highest market growth during the forecast period.

The hydrogen ball valve market is poised to grow steadily with the rise in the hydrogen economy in the energy, automotive, and industrial sectors. The growth drivers are mainly technological advancements, government policies, and heavy investments in hydrogen infrastructures. Leading regions such as North America, Europe, and the fast-paced Asia-Pacific are promoting innovations that assure safe and efficient distribution of hydrogen, thus accelerating the growth of the market and furthering the cause of sustainable energy solutions.

Hydrogen valves of size below 1 inch is expected to have the highest market growth during the forecast period.

The hydrogen valves market, sized <1 inch, is projected to register higher CAGR during the forecast period. The compact nature of such valves makes them very handy in applications where space is a limitation, particularly in the automotive and portable hydrogen systems. With the growing demand for hydrogen energy, the This, in regard to infrastructure, also increases the need for efficient flow control in refueling stations.

These technological innovations have brought about the production of high-performance valves, especially in small sizes. It designed safety and reliability in the light of specific properties of hydrogen.

Hydrogen valves of Pressure 350-700 bar is expected to have the highest market growth during the forecast period.

With its increasing adoption as a clean energy source, the outlook for the >350-700 bar pressure hydrogen valve remains strong. The main applications include fuel cell vehicles, hydrogen refueling stations, and related equipment, which are triggered by government subsidization and investment in hydrogen infrastructure. Moreover, technological development and a rising need for effective hydrogen storage and conveyance solutions also drive demand, especially in regions like Europe, Asia, and North America..

水素バルブ市場 - 2030年までの世界予測  ecosystem2

“The Hydrogen fuel cell segment is likely to grow at the highest CAGR during the forecast period.”

The growth of hydrogen valves is directly linked to the increasing usage and adoption of hydrogen fuel cells. Much of this emanates from the fact that various industries have grown conscientious about the global needs of clean energy solutions, with advantage going towards hydrogen fuel cells.There have recently been significant technological developments in fuel cell technology that have increased the operating pressures while producing much more aggressive working environments due to corrosion.

“Oil & gas end user industry segment of hydrogen valve market is expected have the largest market share during the forecast period.”

The hydrogen valves market used in oil & gas industry segment is expected to have the largest market of USD 109.2 million by 2030. Hydrogen plays a critical role in an oil and gas refinery for its hydrocracking and hydrotreating processes. These are the methods through which crude oil is refined into useful products such as gasoline and diesel.. These trends in valves may be indirectly influenced by their potential demand for renewable energies, storing and transportation, and other uses in industry. Similarly, with hydrogen penetrating as a clean energy carrier and industrial feedstock, the pressure of innovation on valve technologies may develop to meet new efficiency, safety, and operational demands across industries, not least in oil and gas refineries.

“Hydrogen valve in Asia pacific market is expected have the largest market share during the forecast period.”

The hydrogen valve market is recording fast growth in the Asia Pacific region driven by increasing demand for hydrogen in industries and transportation. Huge investments that countries such as China, Japan, and South Korea are making in hydrogen-related infrastructures and technologies are major drivers. Government policies, in the light of Japan’s Basic Hydrogen Strategy and South Korea’s Hydrogen Economy Roadmap, further amplify market growth by touting hydrogen as a clean source of energy, resulting in increased deployment of hydrogen valves for various applications.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
  • By Designation— C-level Executives – 40%, Directors – 30%, Others – 30%
  • By Region—North America – 40%, Europe – 20%, Asia Pacific – 30%, RoW – 10%

水素バルブ市場 - 2030年までの世界予測  region

The hydrogen valve market is dominated by a few globally established players such as like Emerson Electric Co. (US), IMI (UK), SLB (US), Valmet (Finland), Crane Company (US), Westport Fuel Systems Inc. (Canada),  KITZ Corporation (US),  PARKER HANNIFIN CORP (US), Baker Hughes Company (US), Swagelok Company (US). The study includes an in-depth competitive analysis of these key players in the hydrogen valve market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the hydrogen valve market and forecasts by valve type, material. size, pressure range, implementation, application, end-user industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the hydrogen valve market.

Key Benefits to Buy the Report:

  • Analysis of key drivers (Increased Adoption of Hydrogen as a Clean Energy Source, Increase in demand for hydrogen Valve in ammonia production and Government regulations and policies in promoting hydrogen production and use). Restraint (Hydrogen Embrittlement on certain metals and lack of standardization), Opportunity (Growing adoption of hydrogen fuel cell systems, and Strategic partnership between hydrogen manufacturers and valve manufacturers), Challenges (Possibility of leaks in packings and joints and high initial cost).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the hydrogen valve market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the hydrogen valve market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the hydrogen valve market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Emerson Electric Co. (US), IMI (UK), SLB (US), Valmet (Finland), Crane Company (US), Westport Fuel Systems Inc. (Canada), KITZ Corporation (US),  PARKER HANNIFIN CORP (US), Baker Hughes Company (US), Swagelok Company (US), among others in the hydrogen valve market.

Hydrogen Valve Market by Type (Ball, Needle, Check, Pressure Relief, Globe, Flow Control), Size, Material (Steel, Aluminum), Pressure, Implementation, Application (Production, Fueling Station, Storage, Transportation, Fuel Sell) – Global Forecast to 2030

水素バルブ市場 – タイプ (ボール、ニードル、チェック、圧力リリーフ、グローブ、流量制御)、サイズ、材質 (スチール、アルミニウム)、圧力、実装、用途 (生産、給油所、保管、輸送、燃料販売) – 2030年までの世界予測

Table of Contents

1            INTRODUCTION            23

1.1         STUDY OBJECTIVES      23

1.2         MARKET DEFINITION AND SCOPE         23

1.2.1      INCLUSIONS AND EXCLUSIONS 24

1.3         STUDY SCOPE  25

1.3.1      MARKETS COVERED     25

1.3.2      YEARS CONSIDERED     26

1.4         CURRENCY CONSIDERED          26

1.5         LIMITATIONS   26

1.6         MARKET STAKEHOLDERS          26

1.7         SUMMARY OF CHANGES            27

2            RESEARCH METHODOLOGY     28

2.1         INTRODUCTION            28

2.1.1      SECONDARY DATA       29

2.1.1.1   List of major secondary sources       29

2.1.1.2   Key data from secondary sources     29

2.1.2      PRIMARY DATA 30

2.1.2.1   Breakdown of primaries     30

2.1.2.2   Key data from primary sources         31

2.1.3      SECONDARY AND PRIMARY RESEARCH 32

2.1.3.1   Key industry insights          33

2.2         MARKET SIZE ESTIMATION       33

2.2.1      BOTTOM-UP APPROACH           35

2.2.1.1   Approach for arriving at market size using bottom-up approach 35

2.2.2      TOP-DOWN APPROACH             36

2.2.2.1   Approach for arriving at market size using top-down approach  36

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    37

2.4         RESEARCH ASSUMPTIONS         38

2.5         RISK ASSESSMENT         38

3            EXECUTIVE SUMMARY 39

4            PREMIUM INSIGHTS      44

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR HYDROGEN VALVE MARKET            44

4.2         HYDROGEN VALVE MARKET, BY VALVE TYPE   44

4.3         HYDROGEN VALVE MARKET, BY MATERIAL      45

4.4         HYDROGEN VALVE MARKET, BY IMPLEMENTATION     45

4.5         HYDROGEN VALVE MARKET, BY APPLICATION 46

4.6         HYDROGEN VALVE MARKET, BY END-USE INDUSTRY   46

4.7         ASIA PACIFIC HYDROGEN VALVE MARKET, BY APPLICATION AND COUNTRY         47

4.8         HYDROGEN VALVE MARKET, BY COUNTRY       48

5            MARKET OVERVIEW     49

5.1         INTRODUCTION            49

5.2         MARKET DYNAMICS     49

5.2.1      DRIVERS            50

5.2.1.1   Increased adoption of hydrogen as clean energy source 50

5.2.1.2   Increase in demand for hydrogen valves in ammonia production 50

5.2.1.3   Government regulations and policies to promote hydrogen production and use              50

5.2.2      RESTRAINTS     51

5.2.2.1   Hydrogen embrittlement on certain metals    51

5.2.2.2   Lack of standardization      51

5.2.3      OPPORTUNITIES           52

5.2.3.1   Growing adoption of hydrogen in IC engine vehicles   52

5.2.3.2   Strategic partnerships between hydrogen manufacturers and valve manufacturers              52

5.2.4      CHALLENGES   53

5.2.4.1   Possibility of leaks in packings and joints       53

5.2.4.2   Higher initial costs             53

5.3         VALUE CHAIN ANALYSIS            54

5.4         MARKET ECOSYSTEM   56

5.5         INVESTMENT AND FUNDING SCENARIO            58

5.6         PRICING ANALYSIS        58

5.6.1      AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES OFFERED BY MAJOR PLAYERS            59

5.6.2      PRICES OF HYDROGEN VALVES ACCORDING TO PRESSURE & SIZE              60

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       60

5.8         PORTER’S FIVE FORCES ANALYSIS         61

5.8.1      THREAT OF NEW ENTRANTS    62

5.8.2      THREAT OF SUBSTITUTES         62

5.8.3      BARGAINING POWER OF SUPPLIERS     62

5.8.4      BARGAINING POWER OF BUYERS           62

5.8.5      INTENSITY OF COMPETITIVE RIVALRY 62

5.9         CASE STUDY ANALYSIS 63

5.9.1      A. HOCK PROVIDES HYDROGEN VALVES FOR BATTOLYSER SYSTEMS              63

5.9.2      PARKER HANNIFIN OFFERS SPECIFICALLY DESIGNED VALVES FOR HIGH-PRESSURE HYDROGEN APPLICATIONS TO AIR LIQUIDE  64

5.9.3      PARKER HANNIFIN’S VALVES CONTROL HYDROGEN CONSUMPTION IN DOW CHEMICALS MANUFACTURING PROCESSES     64

5.10       TECHNOLOGY TRENDS             65

5.10.1    KEY TECHNOLOGY       65

5.10.1.1 Artificial Intelligence         65

5.10.2    COMPLEMENTARY TECHNOLOGY        65

5.10.2.1 SCADA System   65

5.10.3    ADJACENT TECHNOLOGY         65

5.10.3.1 Internet of Things (IoT)    65

5.11       KEY STAKEHOLDERS AND BUYING CRITERIA    66

5.11.1    KEY STAKEHOLDERS IN BUYING PROCESS         66

5.11.2    BUYING CRITERIA         67

5.12       TRADE ANALYSIS          68

5.12.1    TRADE ANALYSIS FOR HS CODE 848110 68

5.13       PATENT ANALYSIS        69

5.13.1    MAJOR PATENTS           71

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     73

5.15       TARIFF, REGULATIONS, AND STANDARDS         74

5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          75

5.16       STANDARDS     77

5.17       IMPACT OF AI ON HYDROGEN VALVE MARKET 78

5.17.1    INTRODUCTION            78

5.17.2    AI-SPECIFIC USE CASES 78

5.17.3    FUTURE OF AI IN VALVE ECOSYSTEM   80

6            HYDROGEN VALVE MARKET, BY VALVE TYPE   81

6.1         INTRODUCTION            82

6.2         BALL VALVES   84

6.2.1      INVESTMENT IN ADVANCED TECHNOLOGY TO DRIVE MARKET              84

6.3         NEEDLE VALVES            86

6.3.1      ADOPTION OF HYDROGEN AS CLEAN ENERGY SOURCE TO DRIVE DEMAND           86

6.4         CHECK VALVES 87

6.4.1      INCREASED NEED TO PREVENT BACKFLOW AND ENSURE SAFE STORAGE          87

6.5         PRESSURE RELIEF VALVES         88

6.5.1      CRUCIAL TO CONTROL AND REGULATE PRESSURE WITHIN HYDROGEN STORAGE TANKS AND PIPELINES  88

6.6         GLOBE VALVES 90

6.6.1      ADVANCEMENTS IN HYDROGEN STORAGE INFRASTRUCTURE – KEY DRIVER 90

6.7         FLOW CONTROL VALVES          91

6.7.1      LOW VISCOSITY AND HIGH DIFFUSIVITY LEAD TO HIGH DEMAND              91

6.8         OTHER VALVES 93

6.8.1      EXPANSION IN HYDROGEN SECTOR TO DRIVE DEMAND           93

7            HYDROGEN VALVE MARKET, BY MATERIAL      95

7.1         INTRODUCTION            96

7.2         STAINLESS STEEL          98

7.2.1      STRENGTH AND CORROSION RESISTANCE TO DRIVE DEMAND              98

7.3         ALUMINUM       98

7.3.1      RESILIENCE AGAINST EXTREME TEMPERATURES TO BOOST GROWTH              98

7.4         OTHERS             98

8            HYDROGEN VALVE MARKET, BY PRESSURE RANGE       100

8.1         INTRODUCTION            101

8.2         <50 BAR             103

8.2.1      SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD              103

8.3         >50–350 BAR      104

8.3.1      WIDELY USED IN FUEL CELL ELECTRIC VEHICLES         104

8.4         >350–700 BAR    105

8.4.1      SEGMENT TO HOLD LARGEST SHARE IN HYDROGEN VALVE MARKET              105

8.5         >700–1,000 BAR 106

8.5.1      HIGH DEMAND IN HIGH-PRESSURE APPLICATIONS      106

8.6         >1,000 BAR        107

8.6.1      HIGH DEMAND DUE TO EXCELLENT SAFETY AND RELIABILITY              107

9            HYDROGEN VALVE MARKET, BY SIZE    108

9.1         INTRODUCTION            109

9.2         <1″        111

9.2.1      SEGMENT TO GROW FASTEST DURING FORECAST PERIOD       111

9.3         >1″–6″   112

9.3.1      WIDELY USED IN HYDROGEN FUEL CELLS        112

9.4         >6”–12” 113

9.4.1      TO BE WIDELY USED IN HYDROGEN PRODUCTION DURING FORECAST PERIOD       113

9.5         >12”–20”             114

9.5.1      WIDELY USED FOR HYDROGEN STORAGE         114

9.6         >20”      115

9.6.1      MOSTLY USED IN HYDROGEN PRODUCTION AND STORAGE    115

10          HYDROGEN VALVE MARKET, BY IMPLEMENTATION     116

10.1       INTRODUCTION            117

10.2       NEW INSTALLATION    119

10.2.1    HOLDS LARGEST MARKET SHARE DUE TO INCREASE IN HYDROGEN PROJECTS         119

10.3       RETROFIT INSTALLATION        119

10.3.1    REGULATORY REQUIREMENTS FOR GREEN ENERGY TO BOOST SEGMENT         119

11          HYDROGEN VALVE MARKET, BY APPLICATION 120

11.1       INTRODUCTION            121

11.2       HYDROGEN PRODUCTION        123

11.2.1    SEGMENT DRIVEN BY NEED FOR CLEAN ENERGY SOURCES      123

11.2.2    HYDROGEN VALVE MARKET, BY HYDROGEN PRODUCTION     125

11.2.2.1 Grey Hydrogen    126

11.2.2.2 Blue, Brown, and Black Hydrogen   126

11.2.2.3 Green Hydrogen  126

11.3       HYDROGEN FUEL CELLS            127

11.3.1    EFFICIENT, ZERO-EMISSION ENERGY FOR TRANSPORTATION AND INFRASTRUCTURE – KEY SEGMENT DRIVER      127

11.3.2    HYDROGEN IC ENGINES            128

11.4       HYDROGEN FUELING STATIONS           129

11.4.1    INCREASING NEED FOR ENERGY IN DEVELOPING COUNTRIES TO ACCELERATE DEMAND 129

11.5       HYDROGEN TRANSPORTATION             131

11.5.1    SPECIFIC TRANSPORTATION REQUIREMENTS OF HYDROGEN TO BOOST DEMAND           131

11.6       HYDROGEN STORAGE  133

11.6.1    INCREASING DEMAND FOR ROBUST VALVES FOR SAFE STORAGE              133

12          HYDROGEN VALVE MARKET, BY END-USE INDUSTRY   136

12.1       INTRODUCTION            137

12.2       OIL & GAS          139

12.2.1    KEY ROLE IN REFINERIES TO BOOST DEMAND 139

12.3       ENERGY & POWER         140

12.3.1    GROWTH DRIVEN BY DECARBONIZATION GOALS AND INFRASTRUCTURE INVESTMENT           140

12.4       PHARMACEUTICAL       142

12.4.1    HYDROGEN USE IN PHARMACEUTICALS TO BOOST DEMAND FOR APPLICATION-SPECIFIC VALVES            142

12.5       FOOD & BEVERAGES     143

12.5.1    WIDELY USED IN FOOD PROCESSING TO IMPROVE SAFETY AND EFFICIENCY      143

12.6       CHEMICAL        144

12.6.1    RISING USE IN CARBON FOOTPRINT MANAGEMENT TO INCREASE NEED FOR SPECIALIZED VALVES           144

12.7       METALS & MINING        145

12.7.1    ADOPTION IN MINING TO INCREASE DEMAND FOR ADVANCED, RELIABLE VALVES         145

12.8       AUTOMOTIVE  147

12.8.1    PREVALENCE OF HYDROGEN FUEL CELLS AND IC ENGINES TO DRIVE SEGMENT         147

12.9       OTHERS             148

13          HYDROGEN VALVE MARKET, BY REGION           150

13.1       INTRODUCTION            151

13.2       NORTH AMERICA          153

13.2.1    MACROECONOMIC OUTLOOK FOR NORTH AMERICA   153

13.2.2    US         156

13.2.2.1 Market expansion due to focus of industrial sectors on hydrogen-related applications         156

13.2.3    CANADA            156

13.2.3.1 Market growth propelled by hydrogen use in refineries and fertilizers      156

13.2.4    MEXICO             156

13.2.4.1 Public-private collaborations fuel growth of market     156

13.3       EUROPE             157

13.3.1    MACROECONOMIC OUTLOOK FOR EUROPE     157

13.3.2    UK         159

13.3.2.1 Government initiatives and industrial collaboration to drive market         159

13.3.3    GERMANY         160

13.3.3.1 Research funding initiatives to drive market   160

13.3.4    FRANCE             160

13.3.4.1 Cross-border hydrogen trade and infrastructure development to boost market              160

13.3.5    REST OF EUROPE           161

13.4       ASIA PACIFIC    161

13.4.1    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          161

13.4.2    CHINA  164

13.4.2.1 Market to be driven by substantial hydrogen production capacity             164

13.4.3    JAPAN  164

13.4.3.1 Investment in renewable energy sources and power generation to boost demand              164

13.4.4    SOUTH KOREA 165

13.4.4.1 Development plans for hydrogen industry to drive market         165

13.4.5    INDIA   165

13.4.5.1 Government push to increase renewable energy capacity – key driver      165

13.4.6    REST OF ASIA PACIFIC  165

13.5       REST OF THE WORLD   166

13.5.1    MACROECONOMIC OUTLOOK FOR ROW           166

13.5.2    GCC COUNTRIES           169

13.5.2.1 Collaborations for hydrogen supply chain to fuel demand           169

13.5.3    AFRICA 169

13.5.3.1 Market driven by growing industrialization and infrastructure   169

13.5.4    SOUTH AMERICA           169

13.5.4.1 Increasing industrial expansion to boost market           169

14          COMPETITIVE LANDSCAPE       170

14.1       INTRODUCTION            170

14.2       REVENUE ANALYSIS OF TOP FIVE COMPANIES 172

14.3       MARKET SHARE ANALYSIS OF TOP PLAYERS, 2023          173

14.4       COMPANY VALUATION AND FINANCIAL METRICS, 2023             175

14.5       BRAND/PRODUCT COMPARISON          176

14.6       COMPETITIVE EVALUATION QUADRANT, 2023 177

14.6.1    STARS  177

14.6.2    EMERGING LEADERS    177

14.6.3    PERVASIVE PLAYERS     177

14.6.4    PARTICIPANTS 177

14.6.5    HYDROGEN VALVE MARKET: COMPANY FOOTPRINT   179

14.6.5.1 Company footprint            179

14.6.5.2 Type footprint     179

14.6.5.3 End-use industry footprint 180

14.6.5.4 Region footprint  180

14.7      HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (SMES), 2023      181

14.7.1    PROGRESSIVE COMPANIES       181

14.7.2    RESPONSIVE COMPANIES          181

14.7.3    DYNAMIC COMPANIES 181

14.7.4    STARTING BLOCKS       181

14.8       COMPETITIVE BENCHMARKING            183

14.8.1    HYDROGEN VALVE MARKET: KEY STARTUPS    183

14.8.2    HYDROGEN VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY SMES    184

14.9       COMPETITIVE SITUATIONS AND TRENDS         185

14.9.1    PRODUCT LAUNCHES  185

14.9.2    EXPANSIONS    186

14.9.3    DEALS  186

15          COMPANY PROFILES    188

15.1       KEY PLAYERS   188

15.1.1    EMERSON ELECTRIC CO.           188

15.1.1.1 Business overview 188

15.1.1.2 Products/Solutions/Services offered 189

15.1.1.3 Recent developments         190

15.1.1.3.1            Product launches 190

15.1.1.3.2            Deals     190

15.1.1.4 MnM view           190

15.1.1.4.1            Right to win         190

15.1.1.4.2            Strategic choices  191

15.1.1.4.3            Weaknesses/Competitive threats     191

15.1.2    SLB       192

15.1.2.1 Business overview 192

15.1.2.2 Products/Solutions/Services offered 193

15.1.2.3 MnM view           194

15.1.2.3.1            Right to win         194

15.1.2.3.2            Strategic choices  194

15.1.2.3.3            Weaknesses/Competitive threats     194

15.1.3    VALMET            195

15.1.3.1 Business overview 195

15.1.3.2 Products/Solutions/Services offered 196

15.1.3.3 Recent developments         197

15.1.3.3.1            Product launches 197

15.1.3.4 MnM view           197

15.1.3.4.1            Right to win         197

15.1.3.4.2            Strategic choices  197

15.1.3.4.3            Weaknesses/Competitive threats     197

15.1.4    IMI        198

15.1.4.1 Business overview 198

15.1.4.2 Products/Solutions/Services offered 199

15.1.4.3 MnM view           200

15.1.4.3.1            Right to win         200

15.1.4.3.2            Strategic choices  200

15.1.4.3.3            Weaknesses/Competitive threats     200

15.1.5    CRANE COMPANY         201

15.1.5.1 Business overview 201

15.1.5.2 Products/Solutions/Services offered 202

15.1.5.3 Recent developments         203

15.1.5.3.1            Deals     203

15.1.5.4 MnM view           203

15.1.5.4.1            Right to win         203

15.1.5.4.2            Strategic choices  203

15.1.5.4.3            Weaknesses/Competitive threats     203

15.1.6    PARKER HANNIFIN CORP           204

15.1.6.1 Business overview 204

15.1.6.2 Products/Solutions/Services offered 205

15.1.6.3 Recent developments         206

15.1.6.3.1            Product launches 206

15.1.7    BAKER HUGHES COMPANY       207

15.1.7.1 Business overview 207

15.1.7.2 Products/Solutions/Services offered 208

15.1.8    WESTPORT FUEL SYSTEMS INC.             209

15.1.8.1 Business overview 209

15.1.8.2 Products/Solutions/Services offered 210

15.1.8.3 Recent developments         211

15.1.8.3.1            Expansions          211

15.1.9    KITZ CORPORATION    212

15.1.9.1 Business overview 212

15.1.9.2 Products/Solutions/Services offered 213

15.1.10  SWAGELOK COMPANY 214

15.1.10.1             Business overview 214

15.1.10.2             Products/Solutions/Services offered 214

15.1.10.3             Recent developments         215

15.1.10.3.1          Expansions          215

15.2       OTHER PLAYERS           216

15.2.1    GSR VENTILTECHNIK GMBH & CO. KG  216

15.2.2    HIGH PRESSURE EQUIPMENT COMPANY           217

15.2.3    VELAN INC.       218

15.2.4    ROTAREX          218

15.2.5    MAXIMATOR GMBH      219

15.2.6    KEVIN STEEL    219

15.2.7    JAKSA D.O.O.    220

15.2.8    VEXVE OY          220

15.2.9    CAM S.P.A.         221

15.2.10  OLIVER VALVES LTD.   221

15.2.11  ADAMS ARMATUREN GMBH     222

15.2.12  HARTMANN VALVES GMBH      222

15.2.13  OMB SALERI S.P.A.         223

15.2.14  GEFA PROCESSTECHNIK GMBH             224

15.2.15  HABONIM          224

16          ADJACENT & RELATED MARKETS          225

16.1       INTRODUCTION            225

16.2       LIMITATION     225

16.3       BALL VALVES MARKET, BY TYPE            225

16.3.1    INTRODUCTION            225

16.4       TRUNNION-MOUNTED 226

16.4.1    INCREASING USE IN HIGH-PRESSURE LOW-TORQUE OPERATIONS TO DRIVE MARKET 226

16.5       FLOATING        226

16.5.1    RISING IMPLEMENTATION IN MEDIUM-/LOW-PRESSURE APPLICATIONS TO FUEL MARKET GROWTH     226

16.6       RISING STEM    227

16.6.1    SURGING DEMAND FROM CHEMICAL INDUSTRY TO DRIVE MARKET              227

17          APPENDIX         228

17.1       INSIGHTS OF INDUSTRY EXPERTS         228

17.2       DISCUSSION GUIDE      229

17.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             233

17.4       CUSTOMIZATION OPTIONS      235

17.5       RELATED REPORTS       235

17.6       AUTHOR DETAILS         236

LIST OF TABLES

TABLE 1             HYDROGEN VALVE: RISK ASSESSMENT 38

TABLE 2             ROLE OF PLAYERS IN ECOSYSTEM         56

TABLE 3             AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES PROVIDED

BY KEY PLAYERS (USD) 59

TABLE 4             AVERAGE SELLING PRICE OF HYDROGEN VALVES, BY REGION (USD)   60

TABLE 5             IMPACT OF PORTER’S FIVE FORCES ON HYDROGEN VALVE MARKET            62

TABLE 6             INFLUENCE OF STAKEHOLDERS FROM TOP THREE END-USE INDUSTRIES ON BUYING HYDROGEN VALVE SYSTEMS 66

TABLE 7             KEY BUYING CRITERIA OF TOP THREE END-USE INDUSTRIES              67

TABLE 8             HYDROGEN VALVE MARKET: KEY PATENTS      71

TABLE 9            HYDROGEN VALVE MARKET: KEY CONFERENCES AND EVENTS, 2024–2025          73

TABLE 10           TARIFF FOR HS CODE 848110: PRESSURE-REDUCING VALVES              74

TABLE 11           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         75

TABLE 12           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76

TABLE 13           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         76

TABLE 14           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         77

TABLE 15           STANDARDS FOLLOWED BY MANUFACTURERS OF HYDROGEN VALVES     77

TABLE 16           HYDROGEN VALVE MARKET, BY TYPE, 2021–2023 (USD MILLION)          83

TABLE 17           HYDROGEN VALVE MARKET, BY TYPE, 2024–2030 (USD MILLION)          84

TABLE 18           HYDROGEN BALL VALVE MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          85

TABLE 19           HYDROGEN BALL VALVE MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          85

TABLE 20           HYDROGEN NEEDLE VALVE MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          86

TABLE 21           HYDROGEN NEEDLE VALVE MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          87

TABLE 22           HYDROGEN CHECK VALVE MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          88

TABLE 23           HYDROGEN CHECK VALVE MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          88

TABLE 24           HYDROGEN PRESSURE RELIEF VALVE MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          89

TABLE 25           HYDROGEN PRESSURE RELIEF VALVE MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          89

TABLE 26           HYDROGEN GLOBE VALVE MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          90

TABLE 27           HYDROGEN GLOBE VALVE MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          91

TABLE 28           HYDROGEN FLOW CONTROL VALVE MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          92

TABLE 29           HYDROGEN FLOW CONTROL VALVE MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          92

TABLE 30           OTHER HYDROGEN VALVES MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          93

TABLE 31           OTHER HYDROGEN VALVES MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          94

TABLE 32           HYDROGEN VALVE MARKET, BY MATERIAL, 2021–2023 (USD MILLION)          97

TABLE 33           HYDROGEN VALVE MARKET, BY MATERIAL, 2024–2030 (USD MILLION)          97

TABLE 34           HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION) 102

TABLE 35           HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION) 102

TABLE 36           <50 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          103

TABLE 37           <50 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          103

TABLE 38           >50–350 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          104

TABLE 39           >50–350 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          104

TABLE 40           > 350–700 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          105

TABLE 41           >350–700 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          105

TABLE 42           >700–1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          106

TABLE 43           >700–1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          106

TABLE 44           >1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          107

TABLE 45           >1,000 BAR: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          107

TABLE 46           HYDROGEN VALVE MARKET, BY SIZE, 2021–2023 (USD MILLION)          110

TABLE 47           HYDROGEN VALVE MARKET, BY SIZE, 2024–2030 (USD MILLION)          110

TABLE 48           <1”: HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 111

TABLE 49           <1”: HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 111

TABLE 50           >1″–6″: HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION)     112

TABLE 51           >1″–6″: HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION)     112

TABLE 52           >6″–12″: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          113

TABLE 53           6″–12″: HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION)     113

TABLE 54           >12″–20″: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          114

TABLE 55           >12″–20″: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          114

TABLE 56           >20”: HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 115

TABLE 57           >20”: HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 115

TABLE 58           HYDROGEN VALVE MARKET, BY IMPLEMENTATION, 2021–2023 (USD MILLION) 118

TABLE 59           HYDROGEN VALVE MARKET, BY IMPLEMENTATION, 2024–2030 (USD MILLION) 118

TABLE 60           HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (USD MILLION) 122

TABLE 61           HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 122

TABLE 62           HYDROGEN VALVE MARKET, BY APPLICATION, 2021–2023 (THOUSAND UNITS)     122

TABLE 63           HYDROGEN VALVE MARKET, BY APPLICATION, 2024–2030 (THOUSAND UNITS)     123

TABLE 64           HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION)    124

TABLE 65           HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION)    124

TABLE 66           HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY SIZE,

2021–2023 (USD MILLION)          124

TABLE 67           HYDROGEN PRODUCTION: HYDROGEN VALVE MARKET, BY SIZE,

2024–2030 (USD MILLION)          125

TABLE 68           HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION)    127

TABLE 69           HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION)    127

TABLE 70          HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY SIZE,

2021–2023 (USD MILLION)          128

TABLE 71          HYDROGEN FUEL CELLS: HYDROGEN VALVE MARKET, BY SIZE,

2024–2030 (USD MILLION)          128

TABLE 72           HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION)            130

TABLE 73           HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION)            130

TABLE 74           HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY SIZE,

2021–2023 (USD MILLION)          130

TABLE 75           HYDROGEN FUELING STATIONS: HYDROGEN VALVE MARKET, BY SIZE,

2024–2030 (USD MILLION)          131

TABLE 76           HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2021–2023 (USD MILLION)            132

TABLE 77           HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY PRESSURE RANGE, 2024–2030 (USD MILLION)            132

TABLE 78           HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY SIZE,

2021–2023 (USD MILLION)          132

TABLE 79           HYDROGEN TRANSPORTATION: HYDROGEN VALVE MARKET, BY SIZE,

2024–2030 (USD MILLION)          133

TABLE 80           HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY PRESSURE RANGE,

2021–2023 (USD MILLION)          134

TABLE 81           HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY PRESSURE RANGE,

2024–2030 (USD MILLION)          134

TABLE 82           HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY SIZE,

2021–2023 (USD MILLION)          134

TABLE 83           HYDROGEN STORAGE: HYDROGEN VALVE MARKET, BY SIZE,

2024–2030 (USD MILLION)          135

TABLE 84           HYDROGEN VALVE MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION)     138

TABLE 85           HYDROGEN VALVE MARKET, BY END-USE INDUSTRY, 2024–2030 (USD MILLION)     139

TABLE 86           OIL & GAS: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          140

TABLE 87           OIL & GAS: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)        140

TABLE 88           ENERGY & POWER: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          141

TABLE 89           ENERGY & POWER: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          141

TABLE 90           PHARMACEUTICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          142

TABLE 91           PHARMACEUTICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          142

TABLE 92           FOOD & BEVERAGES: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          143

TABLE 93           FOOD & BEVERAGES: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          144

TABLE 94           CHEMICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          145

TABLE 95           CHEMICAL: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          145

TABLE 96           METALS & MINING: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          146

TABLE 97           METALS & MINING: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          146

TABLE 98           AUTOMOTIVE: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          147

TABLE 99           AUTOMOTIVE: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          148

TABLE 100         OTHER END-USE INDUSTRIES: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2021–2023 (USD MILLION)          149

TABLE 101         OTHER END-USE INDUSTRIES: HYDROGEN VALVE MARKET, BY VALVE TYPE,

2024–2030 (USD MILLION)          149

TABLE 102         HYDROGEN VALVE MARKET, BY REGION, 2021–2023 (USD MILLION)          152

TABLE 103         HYDROGEN VALVE MARKET, BY REGION, 2024–2030 (USD MILLION)          152

TABLE 104         NORTH AMERICA: HYDROGEN VALVE MARKET, BY COUNTRY,

2021–2023 (USD MILLION)          154

TABLE 105         NORTH AMERICA: HYDROGEN VALVE MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          155

TABLE 106         NORTH AMERICA: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          155

TABLE 107         NORTH AMERICA: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          155

TABLE 108         EUROPE: HYDROGEN VALVE MARKET, BY COUNTRY, 2021–2023 (USD MILLION)     158

TABLE 109         EUROPE: HYDROGEN VALVE MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     159

TABLE 110         EUROPE: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          159

TABLE 111         EUROPE: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          159

TABLE 112         ASIA PACIFIC: HYDROGEN VALVE MARKET, BY COUNTRY,

2021–2023 (USD MILLION)          163

TABLE 113         ASIA PACIFIC: HYDROGEN VALVE MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          163

TABLE 114         ASIA PACIFIC: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          163

TABLE 115         ASIA PACIFIC: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          164

TABLE 116         REST OF THE WORLD: HYDROGEN VALVE MARKET, BY REGION,

2021–2023 (USD MILLION)          167

TABLE 117         REST OF THE WORLD: HYDROGEN VALVE MARKET, BY REGION,

2024–2030 (USD MILLION)          167

TABLE 118         MIDDLE EAST: HYDROGEN VALVE MARKET, REGION, 2021–2023 (USD MILLION)     168

TABLE 119         MIDDLE EAST: HYDROGEN VALVE MARKET, BY REGION,

2024–2030 (USD MILLION)          168

TABLE 120         REST OF THE WORLD: HYDROGEN VALVE MARKET, BY APPLICATION,

2021–2023 (USD MILLION)          168

TABLE 121         REST OF THE WORLD: HYDROGEN VALVE MARKET, BY APPLICATION,

2024–2030 (USD MILLION)          168

TABLE 122         KEY DEVELOPMENTS IN HYDROGEN VALVE MARKET, 2023–2024      170

TABLE 123         HYDROGEN VALVE MARKET: DEGREE OF COMPETITION              173

TABLE 124         HYDROGEN VALVE MARKET: TYPE FOOTPRINT             179

TABLE 125         HYDROGEN VALVE MARKET: END-USE INDUSTRY FOOTPRINT      180

TABLE 126         HYDROGEN VALVE MARKET: REGION FOOTPRINT       180

TABLE 127         HYDROGEN VALVE MARKET: KEY STARTUPS    183

TABLE 128         HYDROGEN VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY SMES    184

TABLE 129         HYDROGEN VALVE MARKET: PRODUCT LAUNCHES, 2022–2024              185

TABLE 130         HYDROGEN VALVE MARKET: EXPANSIONS, 2022–2024   186

TABLE 131         HYDROGEN VALVE MARKET: DEALS, 2022–2024 186

TABLE 132         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            188

TABLE 133         EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          189

TABLE 134         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            190

TABLE 135         EMERSON ELECTRIC CO.: DEALS           190

TABLE 136         SLB: COMPANY OVERVIEW        192

TABLE 137         SLB: PRODUCTS/SOLUTIONS/SERVICES OFFERED         193

TABLE 138         VALMET: COMPANY OVERVIEW             195

TABLE 139         VALMET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196

TABLE 140         VALMET: PRODUCT LAUNCHES             197

TABLE 141         IMI: COMPANY OVERVIEW        198

TABLE 142         IMI: PRODUCTS/SOLUTIONS/SERVICES OFFERED         199

TABLE 143         CRANE COMPANY: COMPANY OVERVIEW          201

TABLE 144         CRANE COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          202

TABLE 145         CRANE COMPANY: DEALS         203

TABLE 146         PARKER HANNIFIN CORP: COMPANY OVERVIEW           204

TABLE 147         PARKER HANNIFIN CORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          205

TABLE 148         PARKER HANNIFIN CORPORATION: PRODUCT LAUNCHES              206

TABLE 149         BAKER HUGHES COMPANY: COMPANY OVERVIEW        207

TABLE 150         BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   208

TABLE 151         WESTPORT FUEL SYSTEMS INC.: COMPANY OVERVIEW 209

TABLE 152         WESTPORT FUEL SYSTEMS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   210

TABLE 153         WESTPORT FUEL SYSTEMS INC.: EXPANSIONS  211

TABLE 154         KITZ CORPORATION: BUSINESS OVERVIEW      212

TABLE 155         KITZ CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          213

TABLE 156         SWAGELOK COMPANY: COMPANY OVERVIEW  214

TABLE 157         SWAGELOK COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          214

TABLE 158         SWAGELOK COMPANY: EXPANSIONS    215

TABLE 159         BALL VALVES MARKET, BY TYPE, 2019–2022 (USD MILLION)              225

TABLE 160         BALL VALVES MARKET, BY TYPE, 2023–2028 (USD MILLION)              226

LIST OF FIGURES

FIGURE 1           HYDROGEN VALVE MARKET SEGMENTATION  25

FIGURE 2           HYDROGEN VALVE MARKET: RESEARCH DESIGN           28

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE FROM HYDROGEN VALVE MARKET   34

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       35

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       36

FIGURE 6           MARKET BREAKDOWN AND DATA TRIANGULATION    37

FIGURE 7           ASSUMPTIONS FOR RESEARCH STUDY 38

FIGURE 8           BALL VALVES SEGMENT TO CAPTURE LARGEST SHARE IN 2024              39

FIGURE 9          STAINLESS STEEL TO DOMINATE HYDROGEN VALVE MARKET, BY MATERIAL, 2023       40

FIGURE 10         >350–700 BAR TO HOLD LARGEST MARKET SHARE BY 2030              40

FIGURE 11         <1″ HYDROGEN VALES TO CAPTURE LARGEST MARKET SHARE IN 2024 41

FIGURE 12         NEW INSTALLATION SEGMENT TO COMMAND HYDROGEN VALVE MARKET BY 2030             41

FIGURE 13         HYDROGEN STORAGE TO LEAD MARKET DURING FORECAST PERIOD              42

FIGURE 14         OIL & GAS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024      42

FIGURE 15         ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       43

FIGURE 16         EXPANSION OF OIL & GAS INDUSTRY TO CREATE LUCRATIVE OPPORTUNITIES FOR ASIA PACIFIC HYDROGEN VALVE MARKET          44

FIGURE 17         BALL VALVES SEGMENT TO COMMAND HYDROGEN VALVE MARKET IN 2023             44

FIGURE 18         STAINLESS STEEL SEGMENT TO CAPTURE MAJORITY OF HYDROGEN VALVE MARKET BY 2030     45

FIGURE 19         NEW INSTALLATION SEGMENT TO COMMAND MARKET SHARE DURING FORECAST PERIOD      45

FIGURE 20         HYDROGEN STORAGE TO DOMINATE MARKET IN 2024 46

FIGURE 21         OIL & GAS SEGMENT TO HOLD LARGEST MARKET SHARE              46

FIGURE 22         HYDROGEN STORAGE AND CHINA – MAJOR SEGMENTS IN ASIA PACIFIC MARKET 47

FIGURE 23         SOUTH KOREA TO RECORD HIGHEST CAGR IN HYDROGEN VALVE MARKET FROM 2024 TO 2030      48

FIGURE 24         HYDROGEN VALVE MARKET DYNAMICS            49

FIGURE 25         DRIVERS FOR HYDROGEN VALVE MARKET AND THEIR IMPACT             51

FIGURE 26         RESTRAINTS FOR HYDROGEN VALVE MARKET AND THEIR IMPACT             52

FIGURE 27         OPPORTUNITIES FOR HYDROGEN VALVE MARKET AND THEIR IMPACT             53

FIGURE 28         CHALLENGES FOR HYDROGEN VALVE MARKET AND THEIR IMPACT             54

FIGURE 29         HYDROGEN VALVE: VALUE CHAIN ANALYSIS    54

FIGURE 30         HYDROGEN VALVE MARKET: ECOSYSTEM         56

FIGURE 31         HYDROGEN VALVE COMPANIES: FUNDING       58

FIGURE 32         AVERAGE SELLING PRICE TREND (USD)             58

FIGURE 33         AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES OFFERED BY KEY PLAYERS        59

FIGURE 34         TRENDS/DISRUPTION IMPACTING CUSTOMER BUSINESS              60

FIGURE 35         HYDROGEN VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS          61

FIGURE 36         INFLUENCE OF STAKEHOLDERS FROM TOP THREE END-USE INDUSTRIES ON BUYING PROCESS        66

FIGURE 37         BUYING CRITERIA OF TOP THREE END-USE INDUSTRIES              67

FIGURE 38         IMPORT DATA FOR HS CODE 848110, BY KEY COUNTRY, 2019–2023 (USD MILLION)     68

FIGURE 39         EXPORT DATA FOR HS CODE 8536, BY KEY COUNTRY, 2019–2023 (USD MILLION)     69

FIGURE 40         TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS          69

FIGURE 41         PATENT ANALYSIS RELATED TO HYDROGEN VALVE MARKET              70

FIGURE 42         AI USE CASE IN VALVE INDUSTRY          79

FIGURE 43         IMPACT OF AI ON HYDROGEN VALVE MARKET: USE CASE              79

FIGURE 44         HYDROGEN VALVE MARKET, BY TYPE  82

FIGURE 45         BALL VALVES TO DOMINATE HYDROGEN VALVE MARKET DURING 2024–2030         83

FIGURE 46         HYDROGEN VALVE MARKET, BY MATERIAL      96

FIGURE 47         STAINLESS STEEL HYDROGEN VALVES TO HOLD LARGEST MARKET SIZE BY 2030   97

FIGURE 48         HYDROGEN VALVE MARKET, BY PRESSURE RANGE       101

FIGURE 49         >350–750 BAR SEGMENT EXPECTED TO HOLD LARGEST MARKET SIZE BY 2030   102

FIGURE 50         HYDROGEN VALVE MARKET, BY SIZE    109

FIGURE 51         HYDROGEN VALVES SIZED BELOW 1″ EXPECTED TO HOLD LARGEST MARKET SIZE BY 2030 110

FIGURE 52         HYDROGEN VALVE MARKET, BY IMPLEMENTATION     117

FIGURE 53         NEW INSTALLATION SEGMENT EXPECTED TO HOLD LARGEST MARKET

SIZE BY 2030      118

FIGURE 54         HYDROGEN VALVE MARKET, BY APPLICATION 121

FIGURE 55         HYDROGEN STORAGE TO HOLD LARGEST SHARE IN MARKET DURING FORECAST PERIOD     121

FIGURE 56         HYDROGEN VALVE MARKET, BY HYDROGEN PRODUCTION TYPE    125

FIGURE 57         GREY HYDROGEN TO COMMAND HYDROGEN PRODUCTION MARKET            126

FIGURE 58         HYDROGEN VALVE MARKET, BY END-USE INDUSTRY   137

FIGURE 59         OIL & GAS TO CONTINUE TO DOMINATE HYDROGEN VALVE MARKET DURING FORECAST PERIOD   138

FIGURE 60         HYDROGEN VALVE MARKET, BY REGION           151

FIGURE 61         HYDROGEN VALVE MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2030       152

FIGURE 62         NORTH AMERICA: HYDROGEN VALVE MARKET SNAPSHOT              154

FIGURE 63         EUROPE: HYDROGEN VALVE MARKET SNAPSHOT         158

FIGURE 64         ASIA PACIFIC: HYDROGEN VALVE MARKET SNAPSHOT 162

FIGURE 65         REST OF THE WORLD: HYDROGEN VALVE MARKET SNAPSHOT              167

FIGURE 66         HYDROGEN VALVE MARKET: REVENUE ANALYSIS         172

FIGURE 67         HYDROGEN VALVE MARKET SHARE ANALYSIS, 2023      173

FIGURE 68         HYDROGEN VALVE MARKET: COMPANY VALUATION, 2023 (USD MILLION) 175

FIGURE 69         HYDROGEN VALVE MARKET: FINANCIAL METRICS (EV/EBITDA), 2023         175

FIGURE 70         BRAND/PRODUCT COMPARISON          176

FIGURE 71         HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023    178

FIGURE 72         HYDROGEN VALVE MARKET: COMPANY FOOTPRINT   179

FIGURE 73         HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (SMES), 2023    182

FIGURE 74         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            189

FIGURE 75         SLB: COMPANY SNAPSHOT       193

FIGURE 76         VALMET: COMPANY SNAPSHOT            196

FIGURE 77         IMI: COMPANY SNAPSHOT        199

FIGURE 78         CRANE COMPANY: COMPANY SNAPSHOT          202

FIGURE 79         PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT              205

FIGURE 80         BAKER HUGHES COMPANY: COMPANY SNAPSHOT        208

FIGURE 81         WESTPORT FUEL SYSTEMS INC.: COMPANY SNAPSHOT 210

FIGURE 82         KITZ CORPORATION: COMPANY SNAPSHOT     213