Middle East & Africa Industrial Valves Market Size & Outlook
The industrial valves market in Middle East & Africa is expected to reach a projected revenue of US$ 11,596.8 million by 2030. A compound annual growth rate of 4.3% is expected of Middle East & Africa industrial valves market from 2024 to 2030.
- Materials
- Advanced Materials
- Industrial Valves Market Outlook
- Advanced Materials
Revenue, 2023 (US$M)
$8,643.5
Forecast, 2030 (US$M)
$11,596.8
CAGR, 2024 - 2030
4.3%
Report Coverage
Middle East & Africa
Middle East Africa Industrial Valves Market, 2018-2030 (US$M)
Prism AI by Grand View ResearchFree to try
Ask a question about the industrial valves market
Every figure cited from GVR research
MEA industrial valves market highlights
- An overview of the MEA industrial valves market trends heading towards 2030. The MEA market generated a revenue of USD 8,643.5 million in 2023.
- The overall growth of the MEA market from 2023 to 2030. The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- A look at the MEA market revenues per segment in 2023. In terms of segment, gate valve was the largest revenue generating product in 2023.
- The segment witnessing the fastest revenue growth within the market. Gate Valve is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 8,643.5 million |
| Market revenue in 2030 | USD 11,596.8 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Gate valve |
| Fastest growing segment | Gate Valve |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gate Valve |
Other key industry trends
- In terms of revenue, MEA region accounted for 11.3% of the global industrial valves market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 37,912.0 million by 2030.
No credit card required*
Publish Date: Jul 29, 2024
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Valves Market Scope
Industrial Valves Market segmentation & scope
Application
Aerospace and Defense
Automotive
Oil & Gas
Chemical
Energy & Power
Water & Waste water
Pulp & Paper
Food & Beverage
Others
Industrial Valves Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Emerson Electric Co | View profile | 67,000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | www.emerson.com |
| Flowserve Corp | View profile | 16,000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | www.flowserve.com |
| Velan | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | www.velan.com/ |
| SLB | View profile | 11-50 | Brno, Jihomoravsky kraj, Czech Republic, Europe | www.slb.cz |
| AVK Holding | View profile | 101-250 | Galten, Midtjylland, Denmark, Europe | www.avkvalves.com |
| Bel Valves | View profile | 251-500 | Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom, Europe | www.belvalves.com/ |
| KLINGER | View profile | 51-100 | Bradford, Bradford, United Kingdom, Europe | www.klinger.co.uk |
| LESER | View profile | 1001-5000 | Hamburg, Hamburg, Germany, Europe | www.leser.com/ |
Middle East & Africa Industrial Valves Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Industrial Valves Market Outlook will help companies and investors design strategic landscapes.
Gate Valve was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Middle East & Africa industrial valves market based on gate valve covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Industrial Valves Market Product Outlook (Revenue, USD Million , 2018-2030)
- Gate Valve
- Globe Valve
- Ball Valve
- Butterfly Valve
- Safety Valve
- Plug Vave
- Other Valves
- Middle East & Africa Industrial Valves Market Application Outlook (Revenue, USD Million , 2018-2030)
- Aerospace and Defense
- Automotive
- Oil & Gas
- Chemical
- Energy & Power
- Water & Waste water
- Pulp & Paper
- Food & Beverage
- Others
Reasons to subscribe to Industrial Valves Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Industrial Valves Market Outlook databook
- Our clientele includes a mix of Industrial Valves Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Industrial Valves Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Industrial Valves Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.