Control Valve Market

Control Valve Companies - Emerson Electric Co. (US) and SLB (US) are the Key Players

The global Control valve market is expected to grow from USD 10.0 billion in 2024 to USD 13.0 billion by 2029, registering a CAGR of 5.4%. Control valves have seen significant growth in the global market due to increasing industrial automation, demand for efficient process control, and advancements in valve technology, fostering enhanced performance and reliability.

Emerson Electric Co. (US), Flowserve Corporation (US), IMI (UK), Curtiss-Wright Corporation (US), Valmet (Finland), SLB (US), Spirax Sarco Limited (US), Crane Company (US), KITZ Corporation (Japan) and Christian Bürkert GmbH & Co. KG (Germany) are the top players in the Control valve market. These companies have a global footprint, providing a comprehensive suite of solutions and services in control valve and related sectors. They depend on their robust research and development capabilities, as well as diverse product and service portfolios, to enhance their market share.

To know about the assumptions considered for the study download the pdf brochure

Major Control Valve companies include:

  • Emerson Electric Co. (US)
  • Flowserve Corporation (US)
  • IMI (UK)
  • Curtiss-Wright Corporation (US)
  • Valmet (Finland)
  • SLB (US)
  • Spirax Sarco Limited (US)
  • Crane Company (US)
  • KITZ Corporation (Japan)
  • Christian Bürkert GmbH & Co. KG (Germany)

Emerson Electric Co

Emerson Electric Co. stands as a leading provider of engineering and technology solutions across industrial, commercial, and residential sectors. With six major core business platforms including Final Control, Measurement & Analytical, Discrete Automation, Safety & Productivity, Control Systems & Software, and AspenTech, Emerson offers control valves through its Final Control business segment. Catering to diverse industries like automotive, chemicals, food & beverages, oil & gas, power generation, pulp & paper, and water & wastewater treatment, Emerson delivers various control valve types like globe valves, angle valves, segmented ball valves, and more, alongside comprehensive services like maintenance, reliability, performance, and education. Leveraging additive manufacturing, Emerson aims to pioneer innovative valve designs and solutions to stay ahead in the market while prioritizing connected valves for enhanced differentiation.

Flowserve Corporation

Flowserve Corporation engages in the design, production, distribution, and maintenance of industrial flow management equipment. The company is structured into two primary business segments: the Flow Serve Pump Division and the Flow Control Division (FCD). Within its Flow Control Division (FCD), Flowserve provides a range of valves and automation solutions, encompassing isolation and control valves, actuation, controls, and associated equipment. Additionally, it offers energy management products like steam traps, boiler controls, and systems for condensate and energy recovery. Flowserve Corporation stands at the forefront of the control valve industry, renowned globally for its diverse portfolio of innovative solutions catering to precise fluid control across sectors. Recognized for reliability, efficiency, and cutting-edge technology, Flowserve empowers operational excellence, setting new benchmarks for performance and customer satisfaction. The company has more than 300 locations around the world, including over 180 quick response centers that provide aftermarket parts and services to customers. Additionally, the company’s offerings in this market are diversified; more than 150 flagship valves, actuation, and control products offered by the company help its customers to achieve world-class valve performance

SLB

SLB (Schlumberger), a global leader in oilfield services, offers a range of control valves as part of its comprehensive portfolio. These valves play a critical role in regulating fluid flow and pressure in various oil and gas operations, ensuring efficient and safe production processes. Schlumberger's control valves are engineered to meet the demanding requirements of the industry, providing reliable performance and precise control in challenging environments.

Schlumberger Limited completed the acquisition of Cameron International Corporation (US) in April 2016. This merger seamlessly integrated Schlumberger's expertise in reservoir and well technology with Cameron's portfolio of wellhead and surface equipment, flow control, and processing technology. The combined capabilities facilitated the provision of comprehensive pore-to-pipeline products and services to the global oil & gas industry. Leveraging its instrumentation, data processing, control software, and system integration prowess, Schlumberger introduced the industry's inaugural complete drilling and production system. Operating across four business segments - Reservoir Characterization, Drilling, Production, and Cameron - the latter encompasses critical technologies for pressure and flow control in drilling, intervention rigs, oil and gas wells, and production facilities. Under the Cameron segment, product lines include OneSubsea, Surface Systems, Drilling Systems, and Valves & Measurement. The Valves & Measurement product line caters to the upstream, midstream, and downstream markets, offering valve products and measurement systems essential for controlling, directing, and measuring the flow of oil and gas throughout the production process, from wellheads to refineries, petrochemical plants, and industrial facilities. .

Related Reports:

Control Valve Market by Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), Component (Actuators, Valve Body), Size, Type (Rotary, Linear), Industry (Oil & Gas, Water & Wastewater, Energy & Power, Chemicals) & Region - Global Forecast to 2029

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Control Valve Market Size,  Share & Growth Report
Report Code
SE 3119
RI Published ON
4/23/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status