コントロールバルブ市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Control Valve Market – Global Forecast to 2029

コントロールバルブ市場 : 材質 (ステンレス鋼、鋳鉄、極低温、合金ベース)、コンポーネント (アクチュエーター、バルブ本体)、サイズ、タイプ (ロータリー、リニア)、業界 (石油とガス、水道と廃水、エネルギーと電力、化学)&地域別 – 2029年までの世界予測
Control Valve Market by Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), Component (Actuators, Valve Body), Size, Type (Rotary, Linear), Industry (Oil & Gas, Water & Wastewater, Energy & Power, Chemicals) & Region – Global Forecast to 2029

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Report Overview

The global Control Valve market is expected to grow from USD 10.0 billion in 2024 to USD 13.0 billion by 2029, registering a CAGR of 5.4%.

世界のコントロールバルブ市場は、2024年の100億米ドルから2029年までに130億米ドルに成長し、5.4%のCAGRを記録すると予想されています。

Control valve expansion in the global market has surged due to heightened industrial automation, a quest for enhanced process control, and innovations in valve technology, resulting in improved efficiency and reliability.

コントロールバルブ市場 : 2029年までの世界予測

“Valve Body segment to grow at highest CAGR in Control Valve market.”

The valve body segment is experiencing robust growth in the market. The primary component of a valve assembly, the valve body, functions to consolidate all internal components. Typically crafted from metals like brass, bronze, cast iron, alloy steels, stainless steels, or plastics, it serves as the initial pressure barrier in a valve, withstanding fluid pressure from connected pipelines. Through threaded, bolted, or welded joints, it accommodates inlet and outlet piping, commonly manufactured through casting or forging methods in diverse configurations..

“Stainless steel material segment accounted for the largest share of the Control Valve market in 2023.”

The control valve market has witnessed substantial growth in the utilization of stainless steel material. This surge is attributed to stainless steel’s corrosion resistance, durability, and versatility across diverse industrial applications. Its robust properties meet the escalating demand for reliable and long-lasting valve systems, cementing its position as a preferred choice in the market.

コントロールバルブ市場 : 2029年までの世界予測 ecosystem

“Rotary valves segment to grow at highest CAGR in Control Valve market.”

The Rotary valves segment is experiencing robust growth in the market. The control valve market has experienced significant growth with the increasing popularity of rotary valves. Known for their precise control and dependable performance, rotary valves are favored in various industries such as oil and gas, chemicals, and power generation. Their effective flow regulation capabilities, alongside advancements in design and materials, have propelled their prominence and adoption in the market.
>6″-25″ segment accounted for the largest share of the Control Valve market in 2023.”
The global market for control valves sized >6″-25″ has experienced significant growth, spurred by expanding industrial infrastructure, particularly in energy, oil and gas, and water treatment sectors. Rising automation requirements and advancements in valve design have contributed to this expansion, meeting varied industrial demands across the globe.

“Oil & Gas to hold largest market share in the year 2023.”

In the oil and gas industry, control valves have experienced substantial growth due to technological advancements and heightened demands for efficiency, safety, and environmental compliance. These valves play a crucial role in regulating fluid flow within pipelines and processing systems, ensuring precise control over parameters such as flow rates, pressures, and temperatures. Their evolution has significantly enhanced operational reliability and performance across various sectors, including exploration, production, refining, and distribution, meeting the industry’s evolving needs effectively.

“Asia Pacific to be the fastest growing region in the forecast period.”

Control valve market in the Asia Pacific has experienced substantial growth owing to factors like industrialization, infrastructure expansion, and rising demand for process automation in sectors such as oil & gas, power generation, and water & wastewater treatment. Technological advancements and the uptake of smart valve solutions have further fueled this expansion. The trend is anticipated to persist as industries prioritize improved efficiency, reliability, and safety measures in their operations.

コントロールバルブ市場 : 2029年までの世界予測 region

The break-up of the profiles of primary participants:

  •  By Company Type – Tier 1 – 35%, Tier 2 – 30%, and Tier 3 – 35%
  •  By Designation – C-level Executives – 45%, Directors – 35%, and Others – 20%
  •  By Region – North America – 35%, Europe – 25%, Asia Pacific – 30%, RoW- 10%

The major players in the market are Emerson Electric Co. (US), Flowserve Corporation (US), IMI (UK), SLB (US),

Research Coverage:

The Control Valve market has been segmented into Component, Material, Type, Size, Industry, and regions. The Control Valve market was studied in North America, Europe, Asia Pacific, and the Rest of the World (RoW). The report describes the major drivers, restraints, challenges, and opportunities of the Control Valve market and forecasts the same till 2029. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the Control Valve ecosystem.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants with information on the closest approximations of the revenue numbers for the Control Valve market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

• Analysis of Key Drivers (Rising demand for Energy & Power in Asia Pacific, Rising Surge in Control Valve Demand in the Oil & Gas Industry, Adoption of automation to improve efficiency and new nuclear power plants and upscaling of existing ones), Restraints (Lack of standardized certifications and government policies, sComplexity of Installation and Maintenance), Opportunities (Implementation of valves in water & wastewater treatment plants to handle sanitation-related issues, Need for replacement of outdated valves and adoption of smart valves, Focus of industry players on offering improved customer services), Challenges (Rise in collaboration activities among industry players, Unplanned downtime due to malfunctioning or failure of valves).
• Product Development/Innovation: Detailed insights on research and development activities and new product launches in the Control Valve market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Control Valve market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Control Valve market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Christian Bürkert GmbH & Co. KG (Germany), Emerson Electric Co. (US), Flowserve Corporation (US), IMI (UK), Curtiss-Wright Corporation (US), Valmet (Finland), SLB (US), Spirax Sarco Limited (US), Crane Company (US), KITZ Corporation (Japan)among others in the Control Valve market.

Table of Contents

1            INTRODUCTION            28

1.1         STUDY OBJECTIVES      28

1.2         MARKET DEFINITION   28

1.3         STUDY SCOPE  29

1.3.1      MARKETS COVERED     29

FIGURE 1           CONTROL VALVE MARKET SEGMENTATION     29

1.3.2      REGIONAL SCOPE         29

1.3.3      INCLUSIONS AND EXCLUSIONS 30

1.3.4      YEARS CONSIDERED     30

1.4         CURRENCY CONSIDERED          30

1.5         UNITS CONSIDERED     31

1.6         LIMITATIONS   31

1.7         STAKEHOLDERS            31

1.8         SUMMARY OF CHANGES            31

1.9         RECESSION IMPACT      31

2            RESEARCH METHODOLOGY     32

2.1         RESEARCH DATA           32

FIGURE 2           CONTROL VALVE MARKET: RESEARCH DESIGN 32

2.1.1      SECONDARY DATA       33

2.1.1.1   List of major secondary sources       33

2.1.1.2   Key data from secondary sources     33

2.1.2      PRIMARY DATA 34

2.1.2.1   List of key participants for primary interviews              34

2.1.2.2   Breakdown of primaries     34

2.1.2.3   Key data from primary sources         35

2.1.2.4   Key industry insights          35

2.1.3      SECONDARY AND PRIMARY RESEARCH 36

2.2         MARKET SIZE ESTIMATION METHODOLOGY    36

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED FROM SALE OF CONTROL VALVE TYPES            37

2.2.1      BOTTOM-UP APPROACH           38

2.2.1.1   Approach to estimate market size using bottom-up analysis       38

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       38

2.2.2      TOP-DOWN APPROACH             39

2.2.2.1   Approach to estimate market size using top-down analysis         39

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       39

2.3         DATA TRIANGULATION             40

FIGURE 6           DATA TRIANGULATION             40

2.4         RESEARCH ASSUMPTIONS         41

2.5         PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON STUDIED MARKET        41

2.6         RESEARCH LIMITATIONS           42

2.7         RISK ASSESSMENT         42

3            EXECUTIVE SUMMARY 43

FIGURE 7           ACTUATOR SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2024 43

FIGURE 8           STAINLESS STEEL SEGMENT TO CLAIM LARGEST MARKET SHARE IN 2029  44

FIGURE 9           ROTARY VALVES SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029     44

FIGURE 10         6–25” SIZE SEGMENT TO LEAD MARKET IN 2024 45

FIGURE 11         ENERGY & POWER TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD     45

FIGURE 12         ASIA PACIFIC TO DOMINATE MARKET FROM 2024 TO 2029              46

4            PREMIUM INSIGHTS      47

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CONTROL VALVE MARKET            47

FIGURE 13         EXPANDING INDUSTRIAL SECTOR AND RISING INFRASTRUCTURE DEVELOPMENT TO BOOST DEMAND           47

4.2         CONTROL VALVE MARKET, BY COMPONENT    47

FIGURE 14         ACTUATOR SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029      47

4.3         CONTROL VALVE MARKET, BY MATERIAL         48

FIGURE 15         CRYOGENIC SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD       48

4.4         CONTROL VALVE MARKET, BY TYPE     48

FIGURE 16         ROTARY VALVES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2024 48

4.5         CONTROL VALVE MARKET, BY SIZE       49

FIGURE 17         UP TO 1” SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD       49

4.6         CONTROL VALVE MARKET, BY INDUSTRY         49

FIGURE 18         OIL & GAS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024      49

4.7         CONTROL VALVE MARKET, BY REGION 50

FIGURE 19         ASIA PACIFIC TO HOLD LARGEST SHARE OF GLOBAL CONTROL VALVE MARKET  IN 2029      50

4.8         CONTROL VALVE MARKET, BY COUNTRY          50

FIGURE 20         US TO RECORD HIGHEST CAGR IN GLOBAL CONTROL VALVE MARKET DURING FORECAST PERIOD   50

5            MARKET OVERVIEW     51

5.1         INTRODUCTION            51

5.2         MARKET DYNAMICS     51

FIGURE 21         CONTROL VALVE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    51

5.2.1      DRIVERS            52

5.2.1.1   Growing urbanization in developing countries             52

5.2.1.2   Rising emphasis on automation and digitalization        52

5.2.1.3   Increasing establishment of new nuclear plants            52

FIGURE 22         CONTROL VALVE MARKET: IMPACT ANALYSIS OF DRIVERS              53

5.2.2      RESTRAINTS     53

5.2.2.1   Lack of standardized certifications and government policies       53

5.2.2.2   Complications associated with installation and maintenance      53

FIGURE 23         CONTROL VALVE MARKET: IMPACT ANALYSIS OF RESTRAINTS     54

5.2.3      OPPORTUNITIES           54

5.2.3.1   Increasing applications in water & wastewater treatment plants to handle sanitation-related issues     54

5.2.3.2   Deployment of advanced technologies in smart valves 54

5.2.3.3   Growing emphasis on offering customer-centric services           55

FIGURE 24         CONTROL VALVE MARKET: IMPACT ANALYSIS OF OPPORTUNITIES           55

5.2.4      CHALLENGES   55

5.2.4.1   Increased competition due to rising acquisitions and partnerships among players              55

5.2.4.2   Unplanned downtime due to malfunctioning or failure of valves 56

FIGURE 25         CONTROL VALVE MARKET: IMPACT ANALYSIS OF CHALLENGES   56

5.3         SUPPLY CHAIN ANALYSIS          56

FIGURE 26         CONTROL VALVE MARKET: SUPPLY CHAIN ANALYSIS  57

5.4         ECOSYSTEM ANALYSIS 58

FIGURE 27         CONTROL VALVE MARKET: ECOSYSTEM ANALYSIS       58

TABLE 1             ROLE OF PARTICIPANTS IN CONTROL VALVE ECOSYSTEM              58

5.5         INVESTMENT AND FUNDING SCENARIO            59

FIGURE 28         INVESTMENT AND FUNDING SCENARIO            59

5.6         PRICING ANALYSIS        60

5.6.1      AVERAGE SELLING PRICE OF CONTROL VALVES, 2020–2023       60

FIGURE 29         AVERAGE SELLING PRICE OF CONTROL VALVES, 2020–2023 (USD)   60

5.6.2      AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE    60

FIGURE 30         AVERAGE SELLING PRICE OF CONTROL VALVES OFFERED BY KEY PLAYERS,  BY TYPE (USD) 60

TABLE 2             AVERAGE SELLING PRICE OF CONTROL VALVES OFFERED BY KEY PLAYERS, BY TYPE (USD)   61

5.6.3      INDICATIVE SELLING PRICE ANALYSIS OF CONTROL VALVES,  BY REGION             61

FIGURE 31         INDICATIVE SELLING PRICE ANALYSIS OF CONTROL VALVES, BY REGION,  2020–2029 (USD)  61

TABLE 3             INDICATIVE SELLING PRICE ANALYSIS OF CONTROL VALVES, BY REGION,  2020–2029 (USD)  61

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       62

FIGURE 32         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS              62

5.8         PORTER’S FIVE FORCES ANALYSIS         62

FIGURE 33         CONTROL VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS              63

TABLE 4             CONTROL VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS              63

5.8.1      THREAT OF NEW ENTRANTS    63

5.8.2      THREAT OF SUBSTITUTES         64

5.8.3      BARGAINING POWER OF SUPPLIERS     64

5.8.4      BARGAINING POWER OF BUYERS           64

5.8.5      INTENSITY OF COMPETITIVE RIVALRY 64

5.9         KEY STAKEHOLDERS AND BUYING CRITERIA    64

5.9.1      KEY STAKEHOLDERS IN BUYING PROCESS         64

FIGURE 34         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY INDUSTRY         64

TABLE 5             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY INDUSTRY         65

5.9.2      BUYING CRITERIA         65

FIGURE 35         KEY BUYING CRITERIA, BY INDUSTRY   65

TABLE 6             KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES    65

5.10       CASE STUDY ANALYSIS 66

5.10.1    SUR-FLO CONTROL VALVES FACILITATE HORIZON IN LOADING AND UNLOADING CRUDE OIL           66

5.10.2    SF10V MAINTAINS CONSISTENT PRESSURE WHILE ALLOWING PASSAGE OF PROCESS FLUIDS FROM SEPARATORS       66

5.10.3    HABONIM PROVIDES EXPERTISE TO LNG PROJECTS WITH CRYOGENIC FIRE-SAFE FLOATING BALL VALVES           66

5.11       TECHNOLOGY ANALYSIS           67

5.11.1    KEY TECHNOLOGY       67

5.11.1.1 AI          67

5.11.1.2 IoT        67

5.11.1.3 3D printing          67

5.11.2    ADJACENT TECHNOLOGY         68

5.11.2.1 Smart valve positioner       68

5.11.2.2 Predictive maintenance and condition monitoring       68

5.12       TRADE ANALYSIS          68

5.12.1    IMPORT DATA (HS CODE 848110)           68

FIGURE 36         IMPORT DATA FOR HS CODE 848110-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            68

5.12.2    EXPORT DATA (HS CODE 848110)           69

FIGURE 37         EXPORT DATA FOR HS CODE 8536-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            69

5.13       PATENT ANALYSIS        70

FIGURE 38         NUMBER OF PATENTS APPLIED AND GRANTED, 2014–2023              70

5.13.1    LIST OF MAJOR PATENTS APPLIED/GRANTED, 2022–2023           70

TABLE 7             LIST OF MAJOR PATENTS APPLIED/GRANTED RELATED TO CONTROL VALVES, 2022–2023   70

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     72

TABLE 8             CONTROL VALVE MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025        72

5.15       REGULATORY LANDSCAPE AND STANDARDS   73

TABLE 9             TARIFF FOR HS CODE 848110-COMPLIANT PRESSURE REDUCING VALVES, BY COUNTRY         73

5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          74

TABLE 10           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         74

TABLE 11           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         74

TABLE 12           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      75

TABLE 13           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         75

5.15.2    STANDARDS     75

TABLE 14           STANDARDS FOLLOWED BY INDUSTRIAL VALVES MANUFACTURERS        75

6            CONTROL VALVE MARKET, BY COMPONENT    77

6.1         INTRODUCTION            78

FIGURE 39         CONTROL VALVE MARKET, BY COMPONENT    78

FIGURE 40         ACTUATORS SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029              79

TABLE 15           CONTROL VALVE MARKET, BY COMPONENT, 2020–2023 (USD MILLION)          79

TABLE 16           CONTROL VALVE MARKET, BY COMPONENT, 2024–2029 (USD MILLION)          79

6.2         ACTUATORS     80

6.2.1      GROWING NEED TO ENHANCE PLANT SAFETY TO DRIVE DEMAND              80

TABLE 17           ACTUATORS: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION) 80

TABLE 18           ACTUATORS: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION) 80

6.3         VALVE BODY    81

6.3.1      ABILITY TO HOLD ALL INTEGRAL PARTS TOGETHER TO BOOST DEMAND           81

6.4         OTHER COMPONENTS 81

7            CONTROL VALVE MARKET, BY MATERIAL         82

7.1         INTRODUCTION            83

FIGURE 41         CONTROL VALVE MARKET, BY MATERIAL         83

FIGURE 42         STAINLESS STEEL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029  83

TABLE 19           CONTROL VALVE MARKET, BY MATERIAL, 2020–2023 (USD MILLION)          84

TABLE 20           CONTROL VALVE MARKET, BY MATERIAL, 2024–2029 (USD MILLION)          84

7.2         STAINLESS STEEL          85

7.2.1      NEED FOR CORROSION-RESISTANT MATERIALS TO TACKLE CHALLENGING SERVICE CONDITIONS IN INDUSTRIAL APPLICATIONS TO DRIVE MARKET 85

7.3         CAST IRON        85

7.3.1      ABILITY TO WITHSTAND SEVERE VIBRATIONS TO FOSTER SEGMENTAL GROWTH 85

7.4         ALLOY-BASED  85

7.4.1      GROWING NEED TO TACKLE RISING PRESSURES AND TEMPERATURES IN STEAM POWER PLANTS TO BOOST DEMAND             85

7.5         CRYOGENIC      86

7.5.1      RISING NEED FOR SAFE PRODUCTION AND STORAGE OF LIQUIFIED GASES TO DRIVE MARKET         86

7.6         OTHER MATERIALS      86

7.6.1      BRASS   86

7.6.2      BRONZE             87

7.6.3      PLASTICS          87

8            CONTROL VALVE MARKET, BY TYPE     88

8.1         INTRODUCTION            89

FIGURE 43         CONTROL VALVE MARKET, BY TYPE     89

FIGURE 44         ROTARY VALVES SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD     89

TABLE 21           CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)              89

TABLE 22           CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)              90

TABLE 23           CONTROL VALVE MARKET, 2020–2023 (MILLION UNITS)              90

TABLE 24           CONTROL VALVE MARKET, 2024–2029 (MILLION UNITS)              90

TABLE 25           ROTARY VALVES: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)     90

TABLE 26           ROTARY VALVES: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)     91

TABLE 27           LINEAR VALVES: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION) 91

TABLE 28           LINEAR VALVES: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION) 91

TABLE 29           ROTARY VALVES: CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          92

TABLE 30           ROTARY VALVES: CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          92

TABLE 31           LINEAR VALVES: CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          93

TABLE 32           LINEAR VALVES: CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          93

TABLE 33           ROTARY VALVES: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          94

TABLE 34           ROTARY VALVES: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          94

TABLE 35           LINEAR VALVES: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)     94

TABLE 36           LINEAR VALVES: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)     94

8.2         ROTARY VALVES           95

TABLE 37           ROTARY VALVES: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)     95

TABLE 38           ROTARY VALVES: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)     95

8.2.1      BALL VALVES   95

8.2.1.1   Rising demand from metals & mining and water and wastewater treatment industries to fuel market growth       95

8.2.2      BUTTERFLY VALVES     96

8.2.2.1   Growing installation for high-pressure recovery applications to foster segmental growth   96

8.2.3      PLUG VALVES  96

8.2.3.1   Increasing applications in water injection and metering stations to fuel market growth   96

8.3         LINEAR VALVES             96

TABLE 39           LINEAR VALVES: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)     97

TABLE 40           LINEAR VALVES: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)     97

8.3.1      GLOBE VALVES 97

8.3.1.1   Ease of automation and availability with limit switches to drive market    97

8.3.2      DIAPHRAGM VALVES    97

8.3.2.1   Growing demand in food & beverages and pharmaceuticals industries to foster segmental growth 97

8.3.3      OTHER LINEAR VALVES             98

9            CONTROL VALVE MARKET, BY SIZE       99

9.1         INTRODUCTION            100

FIGURE 45         CONTROL VALVE MARKET, BY SIZE       100

FIGURE 46         >6–25” SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029              100

TABLE 41           CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)              101

TABLE 42           CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)              101

9.2         UP TO 1”            102

9.2.1      RISING LOW PRESSURE AND TEMPERATURE REQUIREMENTS TO DRIVE DEMAND             102

TABLE 43           UP TO 1”: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)          102

TABLE 44           UP TO 1”: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)          102

9.3         >1–6”    102

9.3.1      GROWING DEMAND FROM IN & GAS AND CHEMICALS INDUSTRIES TO DRIVE MARKET 102

TABLE 45           >1–6″: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)          102

TABLE 46           >1–6″: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)          103

9.4         >6–25”  103

9.4.1      RISING USE FOR HIGH-PRESSURE APPLICATIONS TO BOOST MARKET GROWTH          103

TABLE 47           >6–25″: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)          103

TABLE 48           >6–25″: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)          103

9.5         >25–50” 104

9.5.1      INCREASING APPLICATIONS IN OIL & GAS, CHEMICAL, ENERGY & POWER, AND PHARMACEUTICAL PLANTS TO DRIVE MARKET  104

TABLE 49           >25–50″: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)          104

TABLE 50           >25–50″: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)          104

9.6         >50”      104

9.6.1      GROWING DEMAND FROM THERMAL POWER AND PETROCHEMICAL REFINERIES TO DRIVE MARKET             104

TABLE 51           >50”: CONTROL VALVE MARKET, BY SIZE, 2020–2023 (USD MILLION)          104

TABLE 52           >50”: CONTROL VALVE MARKET, BY SIZE, 2024–2029 (USD MILLION)          105

10          CONTROL VALVE MARKET, BY INDUSTRY         106

10.1       INTRODUCTION            107

FIGURE 47         CONTROL VALVE MARKET, BY INDUSTRY         107

FIGURE 48         OIL & GAS SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029      107

TABLE 53           CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          108

TABLE 54           CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          108

10.2       OIL & GAS          109

10.2.1    RISING EMPHASIS ON REDUCING PRODUCTION COSTS TO BOOST DEMAND           109

FIGURE 49         APPLICATIONS OF DIFFERENT CONTROL VALVES IN  OIL & GAS INDUSTRY 110

TABLE 55           OIL & GAS: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION) 110

TABLE 56           OIL & GAS: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION) 110

TABLE 57           OIL & GAS: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION) 111

TABLE 58           OIL & GAS: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION) 111

10.3       WATER & WASTEWATER TREATMENT  111

10.3.1    RISING DEMAND FOR CLEAN WATER AND MODIFICATION IN OLD WATER INFRASTRUCTURE TO DRIVE MARKET 111

TABLE 59           WATER & WASTEWATER TREATMENT: CONTROL VALVE MARKET, BY TYPE,  2020–2023 (USD MILLION) 112

TABLE 60           WATER & WASTEWATER TREATMENT: CONTROL VALVE MARKET, BY TYPE,  2024–2029 (USD MILLION) 112

TABLE 61           WATER & WASTEWATER TREATMENT: CONTROL VALVE MARKET, BY REGION,  2020–2023 (USD MILLION)          112

TABLE 62           WATER & WASTEWATER TREATMENT: CONTROL VALVE MARKET, BY REGION,  2024–2029 (USD MILLION)          112

10.4       ENERGY & POWER         113

10.4.1    GROWING NEED TO UTILIZE NON-RENEWABLE RESOURCES EFFICIENTLY TO BOOST DEMAND        113

TABLE 63           ENERGY & POWER: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)     113

TABLE 64           ENERGY & POWER: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)     113

TABLE 65           ENERGY & POWER: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          114

TABLE 66           ENERGY & POWER: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          114

10.5       PHARMACEUTICALS     115

10.5.1    ONGOING ADVANCEMENTS IN LIFE SCIENCES INDUSTRY TO BOOST DEMAND           115

TABLE 67           PHARMACEUTICALS: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)          115

TABLE 68           PHARMACEUTICALS: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)          115

TABLE 69           PHARMACEUTICALS: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          116

TABLE 70           PHARMACEUTICALS: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          116

10.6       FOOD & BEVERAGES     116

10.6.1    GROWING NEED FOR LEAK-PROOF AND CLEAN CONTAINERS TO FUEL MARKET GROWTH            116

TABLE 71           FOOD & BEVERAGES: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)          117

TABLE 72           FOOD & BEVERAGES: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)          117

TABLE 73           FOOD & BEVERAGES: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          117

TABLE 74           FOOD & BEVERAGES: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          117

10.7       CHEMICALS      118

10.7.1    INCREASED NEED TO ENHANCE STAFF SAFETY WITH ASSURED PROCESS OF INTEGRITY TO ACCELERATE DEMAND     118

TABLE 75           CHEMICALS: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION) 118

TABLE 76           CHEMICALS: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION) 118

TABLE 77           CHEMICALS: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)     119

TABLE 78           CHEMICALS: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)     119

10.8       BUILDING & CONSTRUCTION   119

10.8.1    GROWING IMPLEMENTATION IN HVAC AND FIRE PROTECTION SYSTEMS TO DRIVE MARKET    119

TABLE 79           BUILDING & CONSTRUCTION: CONTROL VALVE MARKET, BY TYPE,  2020–2023 (USD MILLION)          120

TABLE 80           BUILDING & CONSTRUCTION: CONTROL VALVE MARKET, BY TYPE,  2024–2029 (USD MILLION)          120

TABLE 81           BUILDING & CONSTRUCTION: CONTROL VALVE MARKET, BY REGION,  2020–2023 (USD MILLION)     120

TABLE 82           BUILDING & CONSTRUCTION: CONTROL VALVE MARKET, BY REGION,  2024–2029 (USD MILLION)     120

10.9       PULP & PAPER  121

10.9.1    RISING APPLICATIONS IN STOCK PREPARATION AND RE-PULPING TO BOOST MARKET GROWTH        121

TABLE 83           PULP & PAPER: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION) 122

TABLE 84           PULP & PAPER: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION) 122

TABLE 85           PULP & PAPER: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)     122

TABLE 86           PULP & PAPER: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)     122

10.10     METALS & MINING        123

10.10.1  GROWING EMPHASIS ON REDUCING SCRAP AND DOWNTIME TO FOSTER SEGMENTAL GROWTH 123

TABLE 87           METALS & MINING: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)     124

TABLE 88           METALS & MINING: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)     124

TABLE 89           METALS & MINING: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          124

TABLE 90           METALS & MINING: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          124

10.11     OTHER INDUSTRIES      125

TABLE 91           OTHER INDUSTRIES: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)          125

TABLE 92           OTHER INDUSTRIES: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)          125

TABLE 93           OTHER INDUSTRIES: CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          126

TABLE 94           OTHER INDUSTRIES: CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          126

11          CONTROL VALVE MARKET, BY REGION 127

11.1       INTRODUCTION            128

FIGURE 50         CONTROL VALVE MARKET, BY REGION 128

FIGURE 51         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       128

TABLE 95           CONTROL VALVE MARKET, BY REGION, 2020–2023 (USD MILLION)          129

TABLE 96           CONTROL VALVE MARKET, BY REGION, 2024–2029 (USD MILLION)          129

11.2       NORTH AMERICA          129

11.2.1    IMPACT OF RECESSION ON CONTROL VALVE MARKET IN NORTH AMERICA           130

FIGURE 52         NORTH AMERICA: CONTROL VALVE MARKET SNAPSHOT              130

TABLE 97           NORTH AMERICA: CONTROL VALVE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          131

TABLE 98           NORTH AMERICA: CONTROL VALVE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          131

TABLE 99           NORTH AMERICA: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)     131

TABLE 100         NORTH AMERICA: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)     131

TABLE 101         NORTH AMERICA: CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          132

TABLE 102         NORTH AMERICA: CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          132

11.2.2    US         132

11.2.2.1 Ongoing discoveries of shale oil reserves to boost demand         132

11.2.3    CANADA            133

11.2.3.1 Rising demand for strong heating and HVAC systems to drive market     133

11.2.4    MEXICO             133

11.2.4.1 Growing demand for energy and water sanitation solutions to fuel market growth              133

11.3       EUROPE             133

11.3.1    IMPACT OF RECESSION IN EUROPE       134

FIGURE 53         EUROPE: CONTROL VALVE MARKET SNAPSHOT            134

TABLE 103         EUROPE: CONTROL VALVE MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 135

TABLE 104         EUROPE: CONTROL VALVE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 135

TABLE 105         EUROPE: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)          135

TABLE 106         EUROPE: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)          136

TABLE 107         EUROPE: CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 136

TABLE 108         EUROPE: CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION) 136

11.3.2    UK         137

11.3.2.1 Presence of stringent regulatory framework for water & wastewater treatment industry to ensure environmental protection to boost demand   137

11.3.3    GERMANY         137

11.3.3.1 Ongoing advancements in industrial automation and process control to drive market   137

11.3.4    FRANCE             137

11.3.4.1 Growing demand from nuclear energy sector to fuel market growth         137

11.3.5    ITALY   137

11.3.5.1 Shortage of clean water to drive market          137

11.3.6    REST OF EUROPE           138

11.4       ASIA PACIFIC    138

11.4.1    IMPACT OF RECESSION ON CONTROL VALVE MARKET IN ASIA PACIFIC             138

FIGURE 54         ASIA PACIFIC: CONTROL VALVE MARKET SNAPSHOT   139

TABLE 109         ASIA PACIFIC: CONTROL VALVE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     139

TABLE 110         ASIA PACIFIC: CONTROL VALVE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     140

TABLE 111         ASIA PACIFIC: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION) 140

TABLE 112         ASIA PACIFIC: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION) 140

TABLE 113         ASIA PACIFIC: CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)     141

TABLE 114         ASIA PACIFIC: CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)     141

11.4.2    CHINA  141

11.4.2.1 Rapid industrialization and infrastructure development to drive demand 141

11.4.3    JAPAN  142

11.4.3.1 High dependence on nuclear programs to generate electricity to boost demand              142

11.4.4    SOUTH KOREA 142

11.4.4.1 High growth of semiconductor industry to drive market             142

11.4.5    INDIA   142

11.4.5.1 Expansion of oil & gas pipeline infrastructure to boost demand  142

11.4.6    REST OF ASIA PACIFIC  143

11.5       ROW     143

11.5.1    IMPACT OF RECESSION ON CONTROL VALVE MARKET IN ROW 143

FIGURE 55         CONTROL VALVE MARKET IN ROW, BY GEOGRAPHY    143

TABLE 115         ROW: CONTROL VALVE MARKET, BY REGION/COUNTRY, 2020–2023 (USD MILLION)     144

TABLE 116         ROW: CONTROL VALVE MARKET, BY REGION/COUNTRY, 2024–2029 (USD MILLION)     144

TABLE 117         GCC COUNTRIES: CONTROL VALVE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          144

TABLE 118         GCC COUNTRIES: CONTROL VALVE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          144

TABLE 119         ROW: CONTROL VALVE MARKET, BY TYPE, 2020–2023 (USD MILLION)          145

TABLE 120         ROW: CONTROL VALVE MARKET, BY TYPE, 2024–2029 (USD MILLION)          145

TABLE 121         ROW: CONTROL VALVE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 145

TABLE 122         ROW: CONTROL VALVE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION) 146

11.5.2    GCC COUNTRIES           146

11.5.2.1 Saudi Arabia        146

11.5.2.1.1            Thriving oil & gas industry to boost demand  146

11.5.2.2 UAE      147

11.5.2.2.1            Expansion of transportation network and increasing number of desalination plants to drive demand 147

11.5.2.3 Rest of GCC Countries      147

11.5.3    AFRICA & REST OF MIDDLE EAST           147

11.5.3.1 Growing investments in infrastructure projects to boost demand             147

11.5.4    SOUTH AMERICA           147

11.5.4.1 Growing demand for automation and process optimization to drive market              147

12          COMPETITIVE LANDSCAPE       148

12.1       OVERVIEW        148

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023–2024     148

TABLE 123         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023–2024     148

12.3       REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2023  150

FIGURE 56         REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2020–2023              150

12.4       MARKET SHARE ANALYSIS, 2023             150

TABLE 124         CONTROL VALVE MARKET: DEGREE OF COMPETITION              151

FIGURE 57         CONTROL VALVE MARKET SHARE ANALYSIS, 2023         151

12.5       COMPANY VALUATION AND FINANCIAL METRICS        153

FIGURE 58         CONTROL VALVE MARKET: COMPANY VALUATION      153

FIGURE 59         CONTROL VALVE MARKET: FINANCIAL METRICS          153

12.6       BRAND/PRODUCT COMPARISON          154

FIGURE 60         BRAND/PRODUCT COMPARISON          154

12.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   155

12.7.1    STARS  155

12.7.2    EMERGING LEADERS    155

12.7.3    PERVASIVE PLAYERS     155

12.7.4    PARTICIPANTS 155

FIGURE 61         CONTROL VALVE MARKET:  COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023    156

12.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      157

12.7.5.1 Overall footprint  157

FIGURE 62         CONTROL VALVE MARKET: OVERALL COMPANY FOOTPRINT              157

12.7.5.2 Type footprint     157

TABLE 125         CONTROL VALVE MARKET: TYPE FOOTPRINT 157

12.7.5.3 Industry footprint 158

TABLE 126         CONTROL VALVE MARKET: INDUSTRY FOOTPRINT      158

12.7.5.4 Region footprint  158

TABLE 127         CONTROL VALVE MARKET: REGION FOOTPRINT          158

12.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          159

12.8.1    PROGRESSIVE COMPANIES       159

12.8.2    RESPONSIVE COMPANIES          159

12.8.3    DYNAMIC COMPANIES 159

12.8.4    STARTING BLOCKS       159

FIGURE 63         CONTROL VALVE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             160

12.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             161

12.8.5.1 List of key startups/SMEs  161

TABLE 128         CONTROL VALVE MARKET: LIST OF KEY STARTUPS/SMES              161

12.8.5.2 Competitive benchmarking of key startups/SMEs        161

TABLE 129         CONTROL VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES           161

12.9       COMPETITIVE SCENARIOS AND TRENDS           162

12.9.1    PRODUCT LAUNCHES  162

TABLE 130         CONTROL VALVE MARKET: PRODUCT LAUNCHES, JANUARY 2021–MARCH 2024          162

12.9.2    DEALS  163

TABLE 131         CONTROL VALVE MARKET: DEALS, JANUARY 2021–MARCH 2024      163

12.9.3    EXPANSIONS    164

TABLE 132         CONTROL VALVE MARKET: EXPANSIONS, JANUARY 2021–MARCH 2024     164

13          COMPANY PROFILES    165

13.1       KEY PLAYERS   165

(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strategies/Right to win, Strategic choices made, and Weaknesses and Competitive threats)*

13.1.1    CHRISTIAN BÜRKERT GMBH & CO. KG  165

TABLE 133         CHRISTIAN BÜRKERT GMBH & CO. KG: COMPANY OVERVIEW              165

TABLE 134         CHRISTIAN BÜRKERT GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED   165

13.1.2    EMERSON ELECTRIC CO.           166

TABLE 135         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            166

FIGURE 64         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            167

TABLE 136         EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          167

TABLE 137         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            168

13.1.3    FLOWSERVE CORPORATION     169

TABLE 138         FLOWSERVE CORPORATION: COMPANY OVERVIEW     169

FIGURE 65         FLOWSERVE CORPORATION: COMPANY SNAPSHOT     170

TABLE 139         FLOWSERVE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   170

TABLE 140         FLOWSERVE CORPORATION: PRODUCT LAUNCHES     171

TABLE 141         FLOWSERVE CORPORATION: DEALS     171

13.1.4    IMI        173

TABLE 142         IMI: COMPANY OVERVIEW        173

FIGURE 66         IMI: COMPANY SNAPSHOT        174

TABLE 143         IMI: PRODUCTS/SOLUTIONS/SERVICES OFFERED         174

13.1.5    CURTISS-WRIGHT CORPORATION         176

TABLE 144         CURTISS-WRIGHT CORPORATION: COMPANY OVERVIEW              176

FIGURE 67         CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT              177

TABLE 145         CURTISS-WRIGHT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   177

TABLE 146         CURTISS-WRIGHT CORPORATION: DEALS         178

13.1.6    VALMET            179

TABLE 147         VALMET: COMPANY OVERVIEW             179

FIGURE 68         VALMET: COMPANY SNAPSHOT            180

TABLE 148         VALMET: PRODUCTS/SOLUTIONS/SERVICES OFFERED 180

TABLE 149         VALMET: PRODUCT LAUNCHES             181

13.1.7    SLB       182

TABLE 150         SLB: COMPANY OVERVIEW        182

FIGURE 69         SLB: COMPANY SNAPSHOT       183

TABLE 151         SLB: PRODUCTS/SOLUTIONS/SERVICES OFFERED         183

TABLE 152         SLB: EXPANSIONS          184

13.1.8    SPIRAX SARCO LIMITED             185

TABLE 153         SPIRAX SARCO LIMITED: COMPANY OVERVIEW 185

FIGURE 70         SPIRAX SARCO LIMITED: COMPANY SNAPSHOT             186

TABLE 154         SPIRAX SARCO LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED          186

TABLE 155         SPIRAX SARCO LIMITED: PRODUCT LAUNCHES             187

13.1.9    CRANE COMPANY         188

TABLE 156         CRANE COMPANY: COMPANY OVERVIEW          188

FIGURE 71         CRANE COMPANY: COMPANY SNAPSHOT          189

TABLE 157         CRANE COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          189

TABLE 158         CRANE COMPANY: EXPANSIONS            190

13.1.10  KITZ CORPORATION    191

TABLE 159         KITZ CORPORATION: COMPANY OVERVIEW     191

FIGURE 72         KITZ CORPORATION: COMPANY SNAPSHOT     191

TABLE 160         KITZ CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          192

TABLE 161         KITZ CORPORATION: PRODUCT LAUNCHES     192

TABLE 162         KITZ CORPORATION: EXPANSIONS       192

13.2       OTHER PLAYERS           193

13.2.1    SAMSON CONTROLS     193

13.2.2    TRILLIUM FLOW TECHNOLOGIES         194

13.2.3    NEWAY VALVE 195

13.2.4    ALFA LAVAL     196

13.2.5    AVK HOLDING A/S        197

13.2.6    AVCON CONTROLS PVT. LTD.  198

13.2.7    HAM-LET GROUP          199

13.2.8    DWYER INSTRUMENTS, LLC      200

13.2.9    APOLLO VALVES           201

13.2.10  SWAGELOK COMPANY 202

13.2.11  R.K. CONTROL INSTRUMENTS PVT. LTD            202

13.2.12  ARCA REGLER GMBH    203

13.2.13  LAPAR CONTROL VALVE           203

13.2.14  TAYLOR VALVE TECHNOLOGY 204

13.2.15  HABONIM          204

*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strategies/Right to win, Strategic choices made, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.

14          ADJACENT AND RELATED MARKETS     205

14.1       INTRODUCTION            205

14.2       LIMITATION     205

14.3       BALL VALVES MARKET 205

14.3.1    INTRODUCTION            205

14.4       BALL VALVES MARKET, BY TYPE            206

TABLE 163         BALL VALVES MARKET, BY TYPE, 2019–2022 (USD MILLION)              206

TABLE 164         BALL VALVES MARKET, BY TYPE, 2023–2028 (USD MILLION)              206

14.4.1    TRUNNION-MOUNTED 206

14.4.1.1 Growing use in high-pressure low-torque operations to drive market       206

14.4.2    FLOATING        207

14.4.2.1 Rising implementation in medium- or low-pressure applications to fuel market growth   207

14.4.3    RISING STEM    207

14.4.3.1 Increasing demand from chemicals industry to drive market      207

15          APPENDIX         208

15.1       INSIGHTS FROM INDUSTRY EXPERTS   208

15.2       DISCUSSION GUIDE      209

15.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             212

15.4       CUSTOMIZATION OPTIONS      214

15.5       RELATED REPORTS       214

15.6       AUTHOR DETAILS         215