Semiconductor and Electronic Survey

The   Industrial Valves Market   Size is anticipated to expand at a CAGR of 4.4% from USD 73 billion in 2021 to USD 90.5 billion by 2026. Use of IIoT and Industry 4.0 in industrial valves Valves are critical components of various industrial equipment. The failure of valves could lead to disruptions in plant processes. Traditional, schedule-based maintenance methods fail to alert manufacturing companies about impending valve failures. Due to this, technicians often inform about faults while inspecting valves, which, in turn, results in unplanned downtime that could have been avoided by the implementation of Industrial Internet of Things (IIoT). However, recent developments in data science, communications, and computing power have enabled companies to leverage IIoT technology for reducing unplanned downtime due to valve failures. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256097136 Key Players A few of the key players in the Industrial Valves Market

The   Industrial Valves Market   is projected to reach   USD 90.5 billion   by 2026, growing at a CAGR of 4.4% during the forecast period. Increasing demand for valves from healthcare and pharmaceuticals industries due to COVID-19 pandemic, surging requirement of establishing new nuclear power plants and revamping existing ones, rising need for connected networks to maintain and monitor industrial equipment, rising adoption of automation technologies in process industries, and growing focus on development of smart cities globally are the key driving factors for the Industrial Valves Market. Key Market Players Emerson Electric Co. (US), Schlumberger (US), Flowserve Corporation (US), IMI plc (US), Neles Corporation (Finland), Spirax Sarco Limited (UK), Crane Co. (US), KITZ Corporation (Japan), Trillium Flow Technologies (US), Bray international (US) , and CIRCOR International, Inc. (US). Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256097136 Opportunit

Oil & Gas accounted for the largest share of the Industrial Valves Market in 2020 The oil & gas industry accounted for the largest share of the  Industrial Valves Market  in 2020 owing to the growing transportation sector, increasing energy demand, and rising drilling activities in the Gulf Cooperation Council (GCC) countries. However, at present, the world is recovering from an economic crisis due to the outbreak of the COVID-19 pandemic. Post COVID-19, the increasing demand for maintenance operations in oil & gas sector would create lucrative opportunities for companies. Furthermore, as most of the existing oil and gas refineries are aging, the requirements for maintenance operations would create more opportunities for maintenance services providers in oil & gas industries, thereby boosting the demand for valves. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256097136   Globe valves to account for the largest share of the Industrial

The   Industrial Valves Market   Size is expected to reach USD 90.5 billion by 2026 from USD 73 billion in 2021, growing at a CAGR of 4.4%. The market growth is mainly attributed to increasing demand for valves from healthcare and pharmaceuticals industries due to COVID-19 pandemic, surging requirement of establishing new nuclear power plants and revamping existing ones, rising need for connected networks to maintain and monitor industrial equipment, rising adoption of automation technologies in process industries, and growing focus on development of smart cities globally are the key driving factors for the Industrial Valves Market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256097136 Emerson Electric Co. (US), Schlumberger (US), Flowserve Corporation (US), IMI plc (US), Neles Corporation (Finland),Spirax Sarco Limited (UK), Crane Co. (US), KITZ Corporation (Japan), Trillium Flow Technologies (US), Bray international (US) , and CIRCOR International

The Global   Industrial Valves Market   Size was valued at USD 73.0 billion in 2021 and is projected to reach USD 90.5 billion by 2026. It is expected to grow at a CAGR of 4.4% during the forecast period. Increasing demand for valves from healthcare and pharmaceuticals industries due to COVID-19 pandemic, surging requirement of establishing new nuclear power plants and revamping existing ones, rising need for connected networks to maintain and monitor industrial equipment, rising adoption of automation technologies in process industries, and growing focus on development of smart cities globally are the key driving factors for the Industrial Valves Market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256097136 “Globe valves to account for the largest share of the Industrial Valves Market from 2021 to 2026.” Globe valves are among the most popular valves used to control the flow in a pipeline. These valves regulate the position of a movable disk in rel