Report ID : 1314271 | Published : August 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Electric Valve Market is categorized based on Type (Ball Valves, Butterfly Valves, Gate Valves, Globe Valves, Check Valves) and Actuation Type (Electric Actuated Valves, Pneumatic Actuated Valves, Hydraulic Actuated Valves) and Application (Oil & Gas, Water & Wastewater, Power Generation, Chemical, Food & Beverage) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of $5.8 billion in 2023, the Electric Valve Market is expected to reach $9.2 billion by 2033, growing at a CAGR of 4.6% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
With industries increasingly looking for mechanical automation in fluid control, the electric valve market is rapidly growing. These valves, which include electric drive components for precise control, are emerging as critical items in oil and gas, water and sewage treatment, chemical processing, and HVAC technologies. With the trend of expanding productivity, efficiency deployment and smart intergration, the electric valves will form a major component to the evolution of the infrastructure and industrial processes.
Global trend in industries regardless of their sector is how to boost their output and minimize maintenance time and costs. This highlights why the demand for electric valves is persistent. Development of valving technology, for example its better ergonomics or better integration into IoT devices continue to push the evolution of the market. Also, electric valves are progressively being installed as they provide superior energy control compared to conventional valving systems and industries are concerned about energy loss and fansioned sustainability.
Even as these diverse factors shape the dynamics of the marketplace, there are specific trends and some major players, understanding of which is important for the stakeholder looking to make the most of the investment opportunities. Business intelligence is required and our market research reports provide such valued information in the context of such rapidly changing market.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Emerson Electric Co., Schneider Electric, Honeywell International Inc., Siemens AG, Kitz Corporation, Flowserve Corporation, Cameron International Corporation, Pentair PLC, Valmet Corporation, Crane Co., Moog Inc. |
SEGMENTS COVERED |
By Type - Ball Valves, Butterfly Valves, Gate Valves, Globe Valves, Check Valves By Actuation Type - Electric Actuated Valves, Pneumatic Actuated Valves, Hydraulic Actuated Valves By Application - Oil & Gas, Water & Wastewater, Power Generation, Chemical, Food & Beverage By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Electric Valve Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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