North America Industrial Valve Market, By Component ; By Material ; By Type ; By Size ; By Function ; By Application ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

North America Industrial Valve Market Size Grows at Significant CAGR of 5.58% to Reach USD 41.8 Billion by 2030

North America Industrial Valve Market is flourishing due to an increasing demand in oil & gas, water & wastewater treatment, power generation, and industrial processes, coupled with technological advancements and infrastructure development.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the North America Industrial Valve Market size at USD 30.18 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the North America Industrial Valve Market size to grow at a CAGR of 5.58% reaching a value of USD 41.8 billion by 2030. The North America Industrial Valve Market is driven by robust industrial infrastructure development, increasing energy demand, and expanding applications in sectors like oil & gas, water & wastewater treatment, and power generation. Technological advancements, coupled with a focus on efficiency and environmental regulations, fuel the adoption of advanced valve solutions. The region's emphasis on automation and the rising need for reliable flow control in diverse industries contribute to market growth. Additionally, the shale gas boom and ongoing investments in the manufacturing sector further stimulate the demand for industrial valves, positioning North America as a key market in the global valve industry.

Opportunity - Global trade and the phenomenon of globalization

Global trade and the phenomenon of globalization are driving the expansion of markets. The growth of supply chains, coupled with increased global trade, has led to a heightened demand for industrial valves. These valves play a crucial role in the logistics and shipping sectors, where the transportation, storage, and processing of goods occur. Effectively controlling fluid flow in tanks, containers, and pipelines, valves ensure the safe transportation of various commodities. As global trade volumes increase, the necessity for valves in ports, terminals, warehouses, and transportation networks rises, reflecting the overall surge in demand for industrial valves needed to handle and manage the flow of goods across different regions. Impact of Escalating Geopolitical Tensions on North America Industrial Valve Market

Escalating geopolitical tensions in North America have significant implications for the Industrial Valve Market. Trade disruptions, sanctions, and geopolitical uncertainties can disrupt the supply chain, affecting valve manufacturers and their ability to source materials globally. Instances like the United States-China trade tensions and geopolitical events in the Middle East have led to volatility in oil prices, impacting the demand for industrial valves in the energy sector. Furthermore, sanctions on Russia have influenced the market dynamics, as the country is a key player in the global oil and gas industry. These geopolitical shifts contribute to market fluctuations, influencing investment decisions, and emphasizing the need for industry stakeholders to closely monitor and adapt to changing geopolitical landscapes.

North America Industrial Valve Market

Segmental Coverage

North America Industrial Valve Market - By Components

Based on components, North America Industrial Valve Market is divided into Actuators, Valve Body, Positioners, and I/P Converters segments. The actuators segment is the largest, reflecting the critical role of these devices in controlling valve operations. Actuators play a pivotal role in automating and regulating valve movements, ensuring efficient and precise industrial processes. The dominance underscores the significance of advanced actuation technologies in enhancing the overall performance and functionality of industrial valves in the North American market.

North America Industrial Valve Market - By Material

Based on material, North America Industrial Valve Market is divided into Iron, Ductile, Cast Iron, Carbon Steel, Alloy, Plastic, Brass, Bronze, Copper, Cryogenic, and Aluminum segments. The carbon steel segment dominates the market share, reflecting the industry's reliance on robust and durable materials for valve manufacturing. The segment's significance highlights the prevalent use of carbon steel in industrial valve applications, underscoring its strength and suitability for demanding operational conditions. As industries in North America continue to advance, the prominence of the carbon steel segment underscores the crucial role it plays in ensuring the reliability and efficiency of industrial valves across various sectors.

Competitive Landscape

North America Industrial Valve Market is fiercely competitive. Major companies in the market include Emerson Electric Co., Johnson Controls, Powell Valves, Crane Company, KITZ Corporation, Neway valve, Spirax Sarco Limited, Watts, Dwyer Instruments LTD, and Curtiss-Wright Corporation. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the North America Industrial Valve Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of North America Industrial Valve Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in North America Industrial Valve Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24118

1. Research Framework

1.1. Research Objective
1.2. Product Type Overview
1.3. Market Segmentation

2. Executive Summary

3. North America Industrial Valve Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising demand for water management solutions
  - 3.2.1.2. Increasing infrastructure development
- 3.2.2. Restraints
  - 3.2.2.1. Advancements in substitute technologies
  - 3.2.2.2. Fluctuations in prices of raw materials
- 3.2.3. Opportunities
  - 3.2.3.1. Growing requirement for AI-integrated valves
  - 3.2.3.2. Escalating demand across various sectors
- 3.2.4. Challenges
  - 3.2.4.1. Variations in the economy
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. North America Industrial Valve Market Overview

4.1. Market Size & Forecast, 2019-2030
- 4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
- 4.2.1. By Components
  - 4.2.1.1. Actuators
  - 4.2.1.2. Valve Body
  - 4.2.1.3. Positioners
  - 4.2.1.4. I/P Converters
  - 4.2.1.5. Others
- 4.2.2. By Material
  - 4.2.2.1. Iron
  - 4.2.2.2. Ductile
  - 4.2.2.3. Cast Iron
  - 4.2.2.4. Carbon Steel
  - 4.2.2.5. Alloy
  - 4.2.2.6. Plastic
  - 4.2.2.7. Brass
  - 4.2.2.8. Bronze
  - 4.2.2.9. Copper
  - 4.2.2.10. Cryogenic
  - 4.2.2.11. Aluminum
  - 4.2.2.12. Others
- 4.2.3. By Type
  - 4.2.3.1. Gate Valve
  - 4.2.3.2. Globe Valve
  - 4.2.3.3. Ball Valve
  - 4.2.3.4. Butterfly Valve
  - 4.2.3.5. Diaphragm Valve
  - 4.2.3.6. Check Valve
  - 4.2.3.7. Plug Valve
  - 4.2.3.8. Pinch Valve
  - 4.2.3.9. Needle Valve
  - 4.2.3.10. Pressure Relief Valve
  - 4.2.3.11. Safety Valve
  - 4.2.3.12. Others
- 4.2.4. By Size
  - 4.2.4.1. 1 Inch to 6 Inch
  - 4.2.4.2. 6 Inch to 12 Inch
  - 4.2.4.3. 12 Inch to 24 Inch
  - 4.2.4.4. 24 Inch to 48 Inch
  - 4.2.4.5. Above 48 Inch
- 4.2.5. By Function
  - 4.2.5.1. On/Off
  - 4.2.5.2. Control
  - 4.2.5.3. Isolation
  - 4.2.5.4. Regulation
  - 4.2.5.5. Safety Relief Valve
  - 4.2.5.6. Special Purpose
  - 4.2.5.7. Non-Return
  - 4.2.5.8. Others
- 4.2.6. By Application
  - 4.2.6.1. Oil & Gas
  - 4.2.6.2. Building & Construction
  - 4.2.6.3. Semiconductors
  - 4.2.6.4. Water & Waste Treatment
  - 4.2.6.5. Chemical
  - 4.2.6.6. Energy & Utilities
  - 4.2.6.7. Food & Beverages
  - 4.2.6.8. Pharmaceutical
  - 4.2.6.9. Agriculture
  - 4.2.6.10. Marine
  - 4.2.6.11. Automotive
  - 4.2.6.12. Metals & Mining
  - 4.2.6.13. Paper & Pulp
  - 4.2.6.14. Textiles
  - 4.2.6.15. Glass
  - 4.2.6.16. Others
- 4.2.7. By Country
  - 4.2.7.1. United States
  - 4.2.7.2. Canada
  - 4.2.7.3. Mexico

5. United States Industrial Valve Market

5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Components
- 5.2.2. By Material
- 5.2.3. By Type
- 5.2.4. By Size
- 5.2.5. By Function
- 5.2.6. By Application

6. Canada Industrial Valve Market

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Components
- 6.2.2. By Material
- 6.2.3. By Type
- 6.2.4. By Size
- 6.2.5. By Function
- 6.2.6. By Application

7. Mexico Industrial Valve Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Components
- 7.2.2. By Material
- 7.2.3. By Type
- 7.2.4. By Size
- 7.2.5. By Function
- 7.2.6. By Application

8. Competitive Landscape

8.1. List of Key Players and Their Offerings
8.2. North America Industrial Valve Company Market Share Analysis, 2023
8.3. Competitive Benchmarking, By Operating Parameters
8.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

9. Impact of Escalating Geopolitical Tensions on North America Industrial Valve Market

10. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

10.1. Emerson Electric Co.
10.2. Johnson Controls
10.3. Powell Valves
10.4. Crane Company
10.5. KITZ Corporation
10.6. Neway valve
10.7. Spirax Sarco Limited
10.8. Watts
10.9. Dwyer Instruments LTD
10.10. Curtiss-Wright Corporation
10.11. Other Prominent Players

11. Key Strategic Recommendations

12. Research Methodology

12.1. Qualitative Research
- 12.1.1. Primary & Secondary Research
12.2. Quantitative Research
12.3. Market Breakdown & Data Triangulation
- 12.3.1. Secondary Research
- 12.3.2. Primary Research
12.4. Breakdown of Primary Research Respondents, By Region
12.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

Product Code: BWC24118

List of Figures

Figure 1 North America Industrial Valve Segmentation
Figure 2 North America Industrial Valve Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 North America Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 5 North America Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 6 North America Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 7 North America Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 8 North America Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 9 North America Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 10 North America Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 11 North America Industrial Valve Market Share, By Country, By Value, 2019-2030
Figure 12 United States Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 13 United States Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 14 United States Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 15 United States Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 16 United States Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 17 United States Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 18 United States Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 19 United States Industrial Valve Market Share, By Country, By Value, 2019-2030
Figure 20 Canada Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 21 Canada Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 22 Canada Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 23 Canada Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 24 Canada Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 25 Canada Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 26 Canada Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 27 Canada Industrial Valve Market Share, By Country, By Value, 2019-2030
Figure 28 Mexico Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 29 Mexico Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 30 Mexico Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 31 Mexico Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 32 Mexico Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 33 Mexico Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 34 Mexico Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 35 Mexico Industrial Valve Market Share, By Country, By Value, 2019-2030

List of Tables

Table 1 North America Industrial Valve Segmentation
Table 2 North America Industrial Valve Market Value Chain Analysis
Table 3 Company Market Size Analysis, 2022
Table 4 North America Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Table 5 North America Industrial Valve Market Share, By Components, By Value, 2019-2030
Table 6 North America Industrial Valve Market Share, By Material, By Value, 2019-2030
Table 7 North America Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 8 North America Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 9 North America Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 10 North America Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 11 North America Industrial Valve Market Share, By Country, By Value, 2019-2030
Figure 12 United States Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 13 United States Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 14 United States Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 15 United States Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 16 United States Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 17 United States Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 18 United States Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 19 United States Industrial Valve Market Share, By Country, By Value, 2019-2030
Figure 20 Canada Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 21 Canada Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 22 Canada Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 23 Canada Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 24 Canada Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 25 Canada Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 26 Canada Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 27 Canada Industrial Valve Market Share, By Country, By Value, 2019-2030
Figure 28 Mexico Industrial Valve Market Size, By Value (USD Billion), 2019-2030
Figure 29 Mexico Industrial Valve Market Share, By Components, By Value, 2019-2030
Figure 30 Mexico Industrial Valve Market Share, By Material, By Value, 2019-2030
Figure 31 Mexico Industrial Valve Market Share, By Type, By Value, 2019-2030
Figure 32 Mexico Industrial Valve Market Share, By Size, By Value, 2019-2030
Figure 33 Mexico Industrial Valve Market Share, By Function, By Value, 2019-2030
Figure 34 Mexico Industrial Valve Market Share, By Application, By Value, 2019-2030
Figure 35 Mexico Industrial Valve Market Share, By Country, By Value, 2019-2030
Table 36 Emerson Electric Co. Company Overview
Table 37 Emerson Electric Co. Financial Overview
Table 38 Johnson Controls Company Overview
Table 39 Johnson Controls Financial Overview
Table 40 Powell Valves Company Overview
Table 41 Powell Valves Financial Overview
Table 42 Crane Company-Company Overview
Table 43 Crane Company Financial Overview
Table 44 KITZ Corporation Company Overview
Table 45 KITZ Corporation Financial Overview
Table 46 Neway valve Company Overview
Table 47 Neway valve Financial Overview
Table 48 Spirax Sarco Limited Company Overview
Table 49 Spirax Sarco Limited Financial Overview
Table 50 Watts Company Overview
Table 51 Watts Financial Overview
Table 52 Dwyer Instruments Ltd Company Overview
Table 53 Dwyer Instruments Ltd Financial Overview
Table 54 Curtiss-Wright Corporation Company Overview
Table 55 Curtiss-Wright Corporation Financial Overview

North America Industrial Valve Market, By Component ; By Material ; By Type ; By Size ; By Function ; By Application ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. North America Industrial Valve Market Insights

4. North America Industrial Valve Market Overview

5. United States Industrial Valve Market

6. Canada Industrial Valve Market

7. Mexico Industrial Valve Market

8. Competitive Landscape

9. Impact of Escalating Geopolitical Tensions on North America Industrial Valve Market

10. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

11. Key Strategic Recommendations

12. Research Methodology

List of Figures

List of Tables