Global Industrial Valves Market Size: USD 99.8 Billion Forecast for 2028
The global Industrial Valves Market size is projected to reach USD 99.8 Billion by 2028 and is estimated to be USD 80.4 Billion in 2023 at a compound annual growth rate (CAGR) of 4.4%.
The rising demand for valves from healthcare and pharmaceutical industries, establishment of smart cities globally, and rapid deployment of connected networks to monitor valve conditions and predict system failures are the major factors driving the growth of the industrial valves industry.