The market growth is attributed to the increasing adoption of industrial automation with the use of smart control valves in end-use industries such as water & wastewater treatment, oil & gas, and energy & power industry. The demand for control valves is being driven by the expansion of power plants around the globe as well as the growing need for energy and power from rising economies. Nuclear power plants also use these valves, particularly in the chemical treatment, feed water, cooling water, and steam turbine control systems processes.

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The demand for smart control valves is fueled by the expansion of the oil and gas industry and the ongoing rise in global energy demand. The requirement to comply with environmental rules and strict safety norms propels the use of modern valve control systems. In industrial operations, smart control valve positioners are devices that precisely actuate and control valve openings and closures. They guarantee precise valve positioning and react promptly to modifications in the intended valve position. Precise control over flow rates, pressure levels, and other process factors is made possible by smart control valve positioners.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Control Valve Market by Component

Valve Body
Actuators

Global Control Valve Market by Material

Stainless Steel
Cast Iron
Cryogenic
Alloy Based

Global Control Valve Market by Type

Rotary Valves
Linear Valves

Global Control Valve Market by Process Industry

Oil & Gas
Energy & Power
Water & Wastewater Treatment
Food & Beverages
Metals & Mining
Chemicals
Pharmaceuticals
Building & Construction
Others (Pulp & Paper)

Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa

Company Profiles 

ARCA Regler GmbH
Azbil Corp.
BELIMO AIRCONTROLS (CAN), Inc.
Bray International, Inc.
CIRCOR INTERNATIONAL, INC.
Crane Company
Flowserve Corp.
Goodwin International Ltd.
IMI Kynoch Ltd.
KSB SE & Co. KGaA
Pentair
Rotork plc
SAMSON AG
Schlumberger Ltd.
Spirax-Sarco Engineering plc
The Weir Group PLC.
Valmet
ValvitaliaSpA
Velan Inc.

The Report Covers

Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global control valve market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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