The LiftTrackTM 2.0, a new, patented Pressure Safety Valve lift event indicator from Total Valve, enables users to record information on the numerous lift events that take place inside a safety valve.
With the addition of NelesTM Q-DiscTM, a new high-performance feature to aid flow balancing in control valve applications, Valmet is expanding the variety of butterfly valves it offers. The introduction completes the product line of the modular butterfly valve platforms NelesTM NeldiscTM and JamesburyTM Wafer-SphereTM, which were released in June 2021.
Author Credits: Rushikesh, Richa Gupta
Report ID: 5209
Published Date: Sep 01, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing demand for establishing new power plants, increasing demand for ai-integrated valves, and rising demand for fuel are driving the market growth.
The market size of industrial valves is anticipated to attain a CAGR of 4.6% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Severn Group, Total Valve Systems, Valmet, Emerson Electric Co., DomBor Valve, YUKEN KOGYO CO., LTD, Yokogawa Electric Corporation, Azbil Corporation, NACHI-FUJIKOSHI CORP, Sawamura Valve Co., Ltd., and others.
The actuators segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.