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Gas Valve Market Share

  • Report ID: GMI8100
  • Published Date: Feb 2024
  • Report Format: PDF

Gas Valve Market Share

In 2023, dominant market players, including ARIS Stellantriebe GmbH, Emerson Electric Co., Danfoss A/S, Dwyer Instruments LTD, and China Yuanda Valve Group collectively held a substantial 15%-25% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their electronic products and incorporate new technologies, allowing them to stay ahead of the competition.
 

Gas Valve Market Companies

Major players operating in the gas valve industry include:

  • ARIS Stellantriebe GmbH
  • Emerson Electric Co.
  • Danfoss A/S
  • Dwyer Instruments LTD
  • China Yuanda Valve Group
  • CNNC Sufa Technology Industry
  • Dalian DV Valve
  • Schlumberger Limited
  • Shandong Yidu Valve Group
  • Flowserve Corporation
  • Tyco International
  • Pentair
  • Watts
  • Velan
  • SWI Valve
  • Kitz Group
  • Neway
  • Henan Kaifeng High Pressure Valve
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for gas valve was valued at USD 6 Billion in 2023 and is anticipated to register a CAGR of over 4.5% between 2024 & 2032, driven by increasing emphasis on energy conservation and sustainability.

In 2023, the oil & gas production segment accounted for a market share around 39%, and will continue to generate demand as gas valves regulate the flow of gas within pipelines and equipment.

Asia Pacific dominated the global gas valve industry, generating USD 2 Billion in 2023, attributed to the increasing interest in gas valves with the rising electrification and urbanization in the region.

ARIS Stellantriebe GmbH, Emerson Electric Co., Danfoss A/S , Dwyer Instruments LTD, China Yuanda Valve Group, CNNC Sufa Technology Industry, Dalian DV Valve, Schlumberger Limited, Shandong Yidu Valve Group, Flowserve Corporation, Tyco International, Pentair, Watts, Velan and SWI Valve

Gas Valve Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 232
  • Countries covered: 24
  • Pages: 161
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