Global Valve Market Size
Transparent Market Research (TMR) recently released a market research report on all the dynamics and analysis of the global valve market. According to this report, the global valve market will reach US $117.865 billion by the end of 2025. It will continue to be affected by a range of macroeconomic factors in valve industry.
The global valve market is dominated by large and medium suppliers and manufacturers, who are mainly concentrated in North America, Japan and Germany. Well-known global valve companies include Emerson, IMI, Kitz Group, Flowserve, GE, Crane Company, Metso, Cameron (Schlumberger) and KSB Group. After decades of development, China's valve industry has made great progress. At present, the number of Chinese valve enterprises ranks first in the world, however, China's valve industry is still dominated by small and medium-sized enterprises, and there’s only a few well-known global valve companies such as Neway Valve, Sanhua and China Yuanda Valve.
Experts pointed out that if valve enterprises want to improve production efficiency, they must first change the existing production relationship, increase investment in modern production lines, and strengthen technical innovation. At present, Chinese valve enterprises should insist on innovation, adjust the structure of products, transform traditional products to march towards high-end valves.
The global valve market is dominated by large and medium suppliers and manufacturers, who are mainly concentrated in North America, Japan and Germany. Well-known global valve companies include Emerson, IMI, Kitz Group, Flowserve, GE, Crane Company, Metso, Cameron (Schlumberger) and KSB Group. After decades of development, China's valve industry has made great progress. At present, the number of Chinese valve enterprises ranks first in the world, however, China's valve industry is still dominated by small and medium-sized enterprises, and there’s only a few well-known global valve companies such as Neway Valve, Sanhua and China Yuanda Valve.
Experts pointed out that if valve enterprises want to improve production efficiency, they must first change the existing production relationship, increase investment in modern production lines, and strengthen technical innovation. At present, Chinese valve enterprises should insist on innovation, adjust the structure of products, transform traditional products to march towards high-end valves.
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