Water and Gas Valve Market Size, Trends and Insights By Type (Ball Valves, Diaphragm Valves, Gate Valves, Mixing Valves, Butterfly Valves, Plug Valves, Others), By Application (Residential, Commercial, Industrial), By End Use Industry (Water and Waste Water Management, Chemical, Power Generation, Construction, Food and Beverage, Pharmaceutical, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Flowserve Corporation
- Larsen & Toubro
- DBV Valve
- Kirloskar Brothers Limited
- VIP Valves
- Pentair Valve
- Hawle Valves
Reports Description
Global Water and Gas Valve Market was valued at USD 26,633.4 Million in 2024 and is expected to reach USD 46,533.0 Million by 2033, at a CAGR of 5.51% during the forecast period 2024 – 2033.
Water and gas valves are mechanical devices used in pipelines, industrial operations, and plumbing systems to regulate the flow of water or gas. End users can start, stop, or modify the amount of water or gas flowing through a pipeline or system by using these valves, which are made to open, close, or regulate fluid flow. There are many different kinds and configurations of water and gas valves, and each is ideal for a particular set of circumstances and uses.
Water and Gas Valve Market: Growth Factors
Rising Demand for Energy-Efficient Solutions
The market for water and gas valves is mostly driven by the growing need for energy-efficient solutions because of their effects on sustainability objectives, energy consumption reduction, and system optimization. The demand is increasing as energy prices continue to climb because growing usage of water and gas valves in lowering energy usage and operational expenses.
One example is the Solstice range of HFO refrigerants from Honeywell International Inc., which can cut greenhouse gas emissions and energy use by up to 99.9%. Using water-efficient valves in the home, business, and industrial sectors is growing more common as water conservation has become a pressing concern in many parts of the world.
A pressure-independent control valve called the AB-QM, for instance, was created by the Danfoss Group to guarantee steady water flow while consuming less energy and cutting running expenses.
Growing Water Scarcity
Improving the efficiency of water distribution networks is especially important as water resources become more limited because of things like urbanization, population increase, and climate change. This is made possible by water valves, which also minimize waste and optimize distribution networks.
They allow for exact control and regulation of water flow. The need for sophisticated water valves with features such as leak detection, remote monitoring, and automation has surged in areas where there is a shortage of water due to the increased focus on infrastructure renovations and water conservation measures.
Additionally, the development of new pumping stations, pipelines, storage reservoirs, and water treatment facilities may be part of infrastructure upgrades. Valves are essential parts of water infrastructure projects as they guarantee dependable performance, effective water distribution, and adherence to laws and regulations.
Valves are essential for tackling issues related to water scarcity because they allow for dependable water distribution, maximize water use, and make it easier to comply with regulations. The increasing global concern over water scarcity has led to a growing need for water management valves.
Water and Gas Valve Market: Restraints
High Initial Investment
The significant initial investment needed to establish a water and gas valve manufacturing plant, which in turn increases the overall production cost of water and gas valves, thereby restraining the market growth.
In particular, for specialist or complex valve technology, the upfront costs related to buying and installing gas and water valves might be significant. These fees cover engineering, installation, and system integration costs in addition to the valve purchase price.
A lot of purchasers may find it difficult to embrace newer, more effective valve solutions because of these upfront costs, particularly in industries like small-scale industrial operations or municipal utilities where money is limited.
Exorbitant upfront expenses, however, may extend the time it takes to recoup investment, which may influence decision-making and postpone projects involving the replacement or upgrading of valves.
Water and Gas Valve Market: Opportunities
Increasing Awareness of Environmental Sustainability
As concerns about pollution, climate change, and resource depletion grow, there is a greater emphasis on enterprises to implement eco-friendly methods. This translates into a need for valves in the context of gas and water infrastructure that minimize environmental effects while simultaneously improving operational efficiency.
A growing number of people are using valves that have attributes like lower leakage rates, energy efficiency, and low environmental impact materials. Regulations designed to lessen environmental deterioration also encourage the use of sustainable valve solutions.
Water and Gas Valve Market: Segmentation Analysis
Water and Gas Valve Market is segmented type, application, end use Industry, and region. Based on type, the market is segmented into ball valves, diaphragm valves, gate valves, mixing valves, butterfly valves, plug valves, and others.
The dominant type segment in the water and gas market may ultimately change based on variables like the state of the business, the demands of specific applications, legal constraints, and advances in technology. The choices made about valve types are based on the demands and preferences of end users and market stakeholders. Different types of valves have different benefits and features.
Based on application, the market is segmented into residential, commercial, and industrial. Among all of these segments Residential segment dominated the market in 2023 with a market share of 32.34% and is expected to keep its dominance during the forecast period 2024-2033.
Factors including regional demand, economic growth, and infrastructural development can influence the residential sectors. Valves used in homes, apartments, and other residential properties for a variety of purposes, including plumbing, and HVAC (heating, ventilation, and air conditioning), are included in the residential section.
The valves installed in commercial buildings, offices, retail stores, hotels, hospitals, schools, and other non-residential structures are included in the commercial section. Process control, fluid handling, pipeline transportation, and equipment isolation are some of the industrial uses for valves.
Based on end use industry, the market is segmented into water and waste water management, chemical, power generation, construction, food and beverage, pharmaceutical and others. Among all of these segments, water and waste water treatment dominated the market in 2023 with a market share of 41.8% and is expected to keep its dominance during the forecast period 2024-2033.
The water and waste water treatment industries require valves that can handle a variety of chemicals and fluids. This industry uses diaphragm, check, and gate valves among other types of valves.
The market for water and gas valves is dominated by the water and waste water management industry segment because of the vital role that valves play in infrastructure development, waste water treatment, water distribution, regulatory compliance, and technological innovation.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 26,633.4 Million |
| Projected Market Size in 2033 | USD 46,533.0 Million |
| Market Size in 2023 | USD 25,450 Million |
| CAGR Growth Rate | 5.51% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Application, End Use Industry and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Water and Gas Valve Market: Regional Analysis
By Region, Water and Gas Valve Market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. Among all of these regions, Asia Pacific will lead the Water and Gas Valve Market in 2023 with a market share of 41.50% and is expected to keep its dominance during the forecast period 2024-2033.
Significant industrial expansion has occurred in the many countries of the Asia Pacific region such as China, India, Japan, South Korea and ASEAN across many industries, including manufacturing, construction, technology, and more.
Water and energy are essential for industries to run machinery, maintain process temperatures, and guarantee effective output. Gas valves are essential for controlling the flow of gas in a variety of industrial operations. The need for gas and water valves to support the operations of these enterprises grows as more of them set up shop in metropolitan areas.
Governments and corporate organizations invest extensively in infrastructure projects due to the tremendous urbanization and industrialization that is occurring. This includes building gas distribution networks, pipelines, water treatment facilities, and urban utilities.
The Asia Pacific region has widespread challenges related to water scarcity, which highlights the necessity for improved water management via efficient valve systems. The need for gas valves that can aid in controlling and monitoring gas distribution is driven by laws intended to lower gas emissions and encourage the use of cleaner energy sources.
Water and Gas Valve Market: Recent Developments
- In December 2023, through its subsidiaries, Watts Water Technologies, Inc., one of the top producers and suppliers of plumbing, heating, and water quality products and solutions worldwide, announced that it has reached a final agreement to purchase Josam Company (“Josam”), a reputable producer and supplier of plumbing and drainage products for more than a century.
- In March 2022, Flowserve Corporation and Gradiant signed a non-exclusive partnership deal to enhance its presence in the water technology industry. To provide its clients with unmatched comprehensive water treatment solutions, the alliance would combine Flow Serve’s flow control products and solutions with Gradient’s cutting-edge customized water treatment technology.
- In March 2022, DXP Enterprises, Inc. acquired Burlingame Engineers, a supplier of water and wastewater equipment to the industrial and municipal sectors, and Drydon Equipment, Inc., a distributor and manufacturer representative of pumps, valves, controls, and process equipment targeted at the water and wastewater industry. DXP Enterprises would be expanding its product line and solidifying its position in the water and wastewater treatment industries with the acquisition.
List of the prominent players in the Water and Gas Valve Market:
- Flowserve Corporation
- Larsen & Toubro
- DBV Valve
- Kirloskar Brothers Limited
- VIP Valves
- Pentair Valve
- Hawle Valves
- XHVAL
- BEL Valves
- JC Valves
- Petrol Valves
- Valvitalia
- Neway Valve
- Emerson
- ALFA LAVAL
- AVK Holding AS
- CIRCOR International
- SUFA Technology Industry
- Curtis-Wright Corporation
- EG Valves
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Water and Gas Valve Market is segmented as follows:
By Type
- Ball Valves
- Diaphragm Valves
- Gate Valves
- Mixing Valves
- Butterfly Valves
- Plug Valves
- Others
By Application
- Residential
- Commercial
- Industrial
By End Use Industry
- Water and Waste Water Management
- Chemical
- Power Generation
- Construction
- Food and Beverage
- Pharmaceutical
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Water and Gas Valve Market, (2024 – 2033) (USD Million)
- 2.2 Global Water and Gas Valve Market: snapshot
- Chapter 3. Global Water and Gas Valve Market – Industry Analysis
- 3.1 Water and Gas Valve Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising Demand for Energy-Efficient Solutions
- 3.2.2 Growing Water Scarcity
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End Use Industry
- Chapter 4. Global Water and Gas Valve Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Water and Gas Valve Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Water and Gas Valve Market – Type Analysis
- 5.1 Global Water and Gas Valve Market Overview: By Type
- 5.1.1 Global Water and Gas Valve Market Share, By Type, 2023 and 2033
- 5.2 Ball Valves
- 5.2.1 Global Water and Gas Valve Market by Ball Valves, 2024 – 2033 (USD Million)
- 5.3 Diaphragm Valves
- 5.3.1 Global Water and Gas Valve Market by Diaphragm Valves, 2024 – 2033 (USD Million)
- 5.4 Gate Valves
- 5.4.1 Global Water and Gas Valve Market by Gate Valves, 2024 – 2033 (USD Million)
- 5.5 Mixing Valves
- 5.5.1 Global Water and Gas Valve Market by Mixing Valves, 2024 – 2033 (USD Million)
- 5.6 Butterfly Valves
- 5.6.1 Global Water and Gas Valve Market by Butterfly Valves, 2024 – 2033 (USD Million)
- 5.7 Plug Valves
- 5.7.1 Global Water and Gas Valve Market by Plug Valves, 2024 – 2033 (USD Million)
- 5.8 Others
- 5.8.1 Global Water and Gas Valve Market by Others, 2024 – 2033 (USD Million)
- 5.1 Global Water and Gas Valve Market Overview: By Type
- Chapter 6. Global Water and Gas Valve Market – Application Analysis
- 6.1 Global Water and Gas Valve Market Overview: By Application
- 6.1.1 Global Water and Gas Valve Market Share, By Application, 2023 and 2033
- 6.2 Residential
- 6.2.1 Global Water and Gas Valve Market by Residential, 2024 – 2033 (USD Million)
- 6.3 Commercial
- 6.3.1 Global Water and Gas Valve Market by Commercial, 2024 – 2033 (USD Million)
- 6.4 Industrial
- 6.4.1 Global Water and Gas Valve Market by Industrial, 2024 – 2033 (USD Million)
- 6.1 Global Water and Gas Valve Market Overview: By Application
- Chapter 7. Global Water and Gas Valve Market – End Use Industry Analysis
- 7.1 Global Water and Gas Valve Market Overview: By End Use Industry
- 7.1.1 Global Water and Gas Valve Market Share, By End Use Industry, 2023 and 2033
- 7.2 Water and Waste Water Management
- 7.2.1 Global Water and Gas Valve Market by Water and Waste Water Management, 2024 – 2033 (USD Million)
- 7.3 Chemical
- 7.3.1 Global Water and Gas Valve Market by Chemical, 2024 – 2033 (USD Million)
- 7.4 Power Generation
- 7.4.1 Global Water and Gas Valve Market by Power Generation, 2024 – 2033 (USD Million)
- 7.5 Construction
- 7.5.1 Global Water and Gas Valve Market by Construction, 2024 – 2033 (USD Million)
- 7.6 Food and Beverage
- 7.6.1 Global Water and Gas Valve Market by Food and Beverage, 2024 – 2033 (USD Million)
- 7.7 Pharmaceutical
- 7.7.1 Global Water and Gas Valve Market by Pharmaceutical, 2024 – 2033 (USD Million)
- 7.8 Others
- 7.8.1 Global Water and Gas Valve Market by Others, 2024 – 2033 (USD Million)
- 7.1 Global Water and Gas Valve Market Overview: By End Use Industry
- Chapter 8. Water and Gas Valve Market – Regional Analysis
- 8.1 Global Water and Gas Valve Market Regional Overview
- 8.2 Global Water and Gas Valve Market Share, by Region, 2023 & 2033 (USD Million)
- 8.3. North America
- 8.3.1 North America Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.3.1.1 North America Water and Gas Valve Market, by Country, 2024 – 2033 (USD Million)
- 8.3.1 North America Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.4 North America Water and Gas Valve Market, by Type, 2024 – 2033
- 8.4.1 North America Water and Gas Valve Market, by Type, 2024 – 2033 (USD Million)
- 8.5 North America Water and Gas Valve Market, by Application, 2024 – 2033
- 8.5.1 North America Water and Gas Valve Market, by Application, 2024 – 2033 (USD Million)
- 8.6 North America Water and Gas Valve Market, by End Use Industry, 2024 – 2033
- 8.6.1 North America Water and Gas Valve Market, by End Use Industry, 2024 – 2033 (USD Million)
- 8.7. Europe
- 8.7.1 Europe Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.7.1.1 Europe Water and Gas Valve Market, by Country, 2024 – 2033 (USD Million)
- 8.7.1 Europe Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.8 Europe Water and Gas Valve Market, by Type, 2024 – 2033
- 8.8.1 Europe Water and Gas Valve Market, by Type, 2024 – 2033 (USD Million)
- 8.9 Europe Water and Gas Valve Market, by Application, 2024 – 2033
- 8.9.1 Europe Water and Gas Valve Market, by Application, 2024 – 2033 (USD Million)
- 8.10 Europe Water and Gas Valve Market, by End Use Industry, 2024 – 2033
- 8.10.1 Europe Water and Gas Valve Market, by End Use Industry, 2024 – 2033 (USD Million)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.11.1.1 Asia Pacific Water and Gas Valve Market, by Country, 2024 – 2033 (USD Million)
- 8.11.1 Asia Pacific Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.12 Asia Pacific Water and Gas Valve Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Water and Gas Valve Market, by Type, 2024 – 2033 (USD Million)
- 8.13 Asia Pacific Water and Gas Valve Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Water and Gas Valve Market, by Application, 2024 – 2033 (USD Million)
- 8.14 Asia Pacific Water and Gas Valve Market, by End Use Industry, 2024 – 2033
- 8.14.1 Asia Pacific Water and Gas Valve Market, by End Use Industry, 2024 – 2033 (USD Million)
- 8.15. Latin America
- 8.15.1 Latin America Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.15.1.1 Latin America Water and Gas Valve Market, by Country, 2024 – 2033 (USD Million)
- 8.15.1 Latin America Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.16 Latin America Water and Gas Valve Market, by Type, 2024 – 2033
- 8.16.1 Latin America Water and Gas Valve Market, by Type, 2024 – 2033 (USD Million)
- 8.17 Latin America Water and Gas Valve Market, by Application, 2024 – 2033
- 8.17.1 Latin America Water and Gas Valve Market, by Application, 2024 – 2033 (USD Million)
- 8.18 Latin America Water and Gas Valve Market, by End Use Industry, 2024 – 2033
- 8.18.1 Latin America Water and Gas Valve Market, by End Use Industry, 2024 – 2033 (USD Million)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.19.1.1 The Middle-East and Africa Water and Gas Valve Market, by Country, 2024 – 2033 (USD Million)
- 8.19.1 The Middle-East and Africa Water and Gas Valve Market, 2024 – 2033 (USD Million)
- 8.20 The Middle-East and Africa Water and Gas Valve Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Water and Gas Valve Market, by Type, 2024 – 2033 (USD Million)
- 8.21 The Middle-East and Africa Water and Gas Valve Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Water and Gas Valve Market, by Application, 2024 – 2033 (USD Million)
- 8.22 The Middle-East and Africa Water and Gas Valve Market, by End Use Industry, 2024 – 2033
- 8.22.1 The Middle-East and Africa Water and Gas Valve Market, by End Use Industry, 2024 – 2033 (USD Million)
- Chapter 9. Company Profiles
- 9.1 Flowserve Corporation
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Larsen & Toubro
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 DBV Valve
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Kirloskar Brothers Limited
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 VIP Valves
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Pentair Valve
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Hawle Valves
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 XHVAL
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 BEL Valves
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 JC Valves
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Petrol Valves
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Valvitalia
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Neway Valve
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Emerson
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 ALFA LAVAL
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 AVK Holding AS
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 CIRCOR International
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 SUFA Technology Industry
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Curtis-Wright Corporation
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 EG Valves
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Flowserve Corporation
List Of Figures
Figures No 1 to 33
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
FAQs
The major driver for the Water and Gas Valve Market Rising Demand for Energy-Efficient Solutions and Growing Water Scarcity.
The “Residential” had the largest share in the global market for Water and Gas Valve.
The “Ball Valves” category dominated the market in 2023.
The key players in the market are Flowserve Corporation, Larsen & Toubro, DBV Valve, Kirloskar Brothers Limited, VIP Valves, Pentair Valve, Hawle Valves, XHVAL, BEL Valves, JC Valves, Petrol Valves, Valvitalia, Neway Valve, Emerson, ALFA LAVAL, AVK Holding AS, CIRCOR International, SUFA Technology Industry, Curtis-Wright Corporation, EG Valves, Others.
“Asia Pacific” had the largest share in the Water and Gas Valve Market.
The global market is projected to grow at a CAGR of 5.51% during the forecast period, 2024-2033.
The Water and Gas Valve Market size was valued at USD 26,633.4 Million in 2024.