North America Industrial Valves Market Size & Outlook
North America industrial valves market highlights
- An overview of the North America industrial valves market trends heading towards 2030. The North America market generated a revenue of USD 17,851.2 million in 2023.
- The overall growth of the North America market from 2023 to 2030. The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- A look at the North America 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.
North America data book summary
| Market revenue in 2023 | USD 17,851.2 million |
| Market revenue in 2030 | USD 22,890.0 million |
| Growth rate | 3.6% (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, North America region accounted for 23.4% 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.
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Industrial Valves Market Scope
Industrial Valves Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LESER | View profile | 1001-5000 | Hamburg, Hamburg, Germany, Europe | https://www.leser.com/ |
| KLINGER | View profile | 51-100 | Bradford, Bradford, United Kingdom, Europe | https://www.klinger.co.uk |
| Bel Valves | View profile | 251-500 | Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom, Europe | https://www.belvalves.com/ |
| AVK Holding | View profile | 101-250 | Galten, Midtjylland, Denmark, Europe | https://www.avkvalves.com |
| SLB | View profile | 11-50 | Brno, Jihomoravsky kraj, Czech Republic, Europe | https://www.slb.cz |
| Velan | View profile | 1001-5000 | Montréal, Quebec, Canada, North America | https://www.velan.com/ |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
North America 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 will help companies and investors design strategic landscapes.
Gate valve was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America industrial valves market based on gate valve covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of industrial valves market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America industrial valves market , including forecasts for subscribers. This continent databook contains high-level insights into North America industrial valves market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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