by Motorized control valves are electro-mechanical actuators used to control liquid and gaseous flows in industrial process plants. They regulate flow by opening, closing or partially obstructing various pipes and passageways. They are an integral component of heating, ventilation, and air conditioning systems and are widely used in oil & gas pipelines, power plants, food & beverages, and pharmaceutical industries. Their ability to precisely control fluid flow with automation and remote monitoring enables increased productivity and energy efficiency in industrial operations.
The global motorized control valves market is estimated to be valued at US$ 12.37 Bn in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The rise of smart factories in various process industries is one of the key drivers propelling the growth of the motorized control valves market. Smart factories leverage industrial IoT, automation, and data analytics to optimize production processes. Motorized control valves play a vital role in enabling real-time monitoring and remote operation of fluid control systems. Their precision flow control capabilities enhance process consistency while reducing waste. Furthermore, growing concerns around energy efficiency are also driving increased adoption of motorized control valves. Their accurate flow regulation aids in minimizing heat, material, and power losses during transportation of fluids. This bolsters industrial energy savings.
SWOT Analysis
Strength: Motorized control valves have precise controllability and enable automated control of fluids, greatly reducing human error. Their ability to control flow rates and pressure levels remotely allows for efficient fluid handling in industrial processes. Powered by electric actuators, motors, or pneumatics, motorized valves provide consistent performance without manual intervention.
Weakness: Frequent maintenance and calibrations may be required for motorized valves to function optimally over long periods. Unexpected component failures could disrupt automated operations. Complex internal mechanisms also mean these valves have a higher initial cost compared to manually operated valves.
Opportunity: Rising global water scarcity and the need for conservation is driving investments in smart water networks and process controls. Motorized control valves that enable remote monitoring and precise adjustments based on demand could see higher adoption. Expanding industrial automation also allows these valves to take over human tasks for improved safety, throughput and quality control.
Threats: Availability of cheaper manually operated valves or competitive smart valve technologies could reduce market share. Economic downturns may prompt process industries to defer capital expenditure and opt for basic valve solutions for non-critical applications instead of motorized control valves. Changes in environmental regulations could impact production costs.
Key Takeaways
The Global Motorized Control Valves Market Demand is expected to witness high growth over the forecast period of 2024-2031. The market size is projected to reach US$ 12.37 billion by 2024 from US$ 8.32 billion in 2019, exhibiting a CAGR of 5.1% during the forecast period.
Regional analysis: North America currently holds the largest share of the motorized control valves market owing to extensive investments in upgrading critical infrastructure and process industries in the region. The United States accounts for the bulk of demand. Asia Pacific is expected to be the fastest growing regional market with China and India accelerating investments in water treatment, power generation, food processing and other industrial sectors that rely on control valves.
Key players: Key players operating in the motorized control valves market are WCR, Inc., Alfa Laval, Danfoss, Universal Coils and Heat Exchangers Industries Co. Ltd., Kelvion Holdings, GÃ1⁄4ntner Group GmbH, DFC Pressure Vessel Manufacturer Co., Ltd., Xylem, AIC Inc., API Heat Transfer, Aqua Systems, Inc., Mersen, Southern Heat Exchanger, Hisaka Works, Koch Heat Transfer Company, Chart Industries, Inc., Apparantebau GmbH, Johnson Controls International, Funke Wärmeaustauscher, HRS Heat Exchangers Ltd., and SPX flow, Inc. The market leader is expected to strengthen its product portfolio through continuous R&D and strategic acquisitions to leverage growth opportunities in industrial automation.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
