North America Industrial Valve Market Size - By Type, By Material, By Component, By Size, By End Use Industry, By Distribution Channel & Forecast 2025 – 2034

North America Industrial Valve Market Size

The North America industrial valve market was estimated at USD 18.4 billion in 2024. The market is expected to grow from USD 19 billion in 2025 to USD 27.8 billion in 2034, at a CAGR of 4.3% according to latest report published by Global Market Insights Inc.

• As the North American industrial valve market continues to grow rapidly due to various capital investment projects enterprise and the energy sector have made over the past several years and continue to make with recent passage of new government infrastructure programs via the Inflation Reduction Act and Clean Energy Initiatives, there is significant momentum and impetus for increasing capital expenditure from Federal Infrastructure Programs and the Connected Energy Networks towards large-scale critical project growth. The American Society Of Civil Engineers (ASCE) estimates that over the next twenty years, the U.S. will require approximately $2.59 trillion dollars in investment to modernize existing infrastructure and to create new facilities to meet population increases and the demand placed on the nation's Infrastructure System.
   
• With increased demand on the U.S. Infrastructure System because of the significant expansion of Infrastructure needs, the industry's need for high-quality valves continues to increase for fluid flow control in applications such as oil and gas pipelines, municipal water systems and renewable energy facilities. Consequently, as infrastructure continues to modernize, and new projects are initiated, the industry’s need for reliable, high-performance valves under stringent safety and efficiency guidelines will likely be evident.
   
• The rise in the acceptance of automation and smart valve technology within various industrial sectors across North America is another major catalyst for growth. Through utilizing digital transformation, companies are finding new ways to increase their operational efficiencies, reduce their amount of downtime, and comply with local environmental regulations. Smart valves are devices that integrate various technologies including sensors, IoT connectivity and improved actuators for continuous process control and predictive maintenance. As an example, EIA reported that advanced automation can decrease the amount of energy that is consumed within industrial processes by nearly 20%.
   
• Furthermore, many industrial markets such as oil and gas, water utility and chemical processing place high emphasis on precision, reliability, and operational efficiencies. The adoption of digital twins and edge computing will help expand the market for automated valve systems, allowing manufacturers to build a collection of different products and service offerings.
   
• The North American industrial valve market is undergoing significant transformation due to changes in infrastructure investment and advances in automation technology. Even though there will still be strong traditional oil & gas demand, there is also growing influence from sustainability initiatives and digital transformation strategies shaping the Industrial Valve Market. Therefore, companies manufacturing valves using innovative materials, providing advanced technology (smart functions), and adhering to environmental regulations will have a distinct competitive advantage.
   

North America Industrial Valve Market Trends

• The North American industrial valve industry is going through a dramatic change due to digital technology growth and the increasing usage of automation. As more companies are introducing “smart valves” into the marketplace via the use of IoT (internet of things) technology, sophisticated actuators, and real-time monitoring systems. These advanced technologies were developed to increase productivity, minimize downtime, and decrease overall costs.
   
• Market dynamics are changing significantly because of the energy transition and a growing focus on sustainability. There is an increasing amount of pressure on companies to comply with stricter environmental regulations and meet ambitious carbon reduction goals. Companies are also seeing an increased focus on developing clean energy projects such as hydrogen infrastructure, CCUS, and other forms of renewable energy.
   
• In addition, because of this increased focus on clean energy, the need for highly engineered valves that can withstand extreme conditions (e.g. high pressure, high temperature) while also minimizing fugitive emissions to meet environmental standards is growing dramatically. As a result of the increasing focus on sustainability, regulatory agencies such as the EPA are also moving towards the adoption of low-emission valve designs and electric actuators, which are slowly replacing traditional pneumatic systems.
   
• Innovation in the materials used to develop products and advances in technology are becoming significant trends influencing the North American Industrial Valve market. Manufacturers are heavily investing in advanced materials such as corrosion-resistant alloys, ceramics, and high-performance composites to enhance the durability and reliability of valves in harsh and demanding environments. The combination of these technologies will provide manufacturers with the ability to produce a wider variety of products faster, with a higher degree of customization and scalability to meet specific industry needs.
   

North America Industrial Valve Market Analysis

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Based on type, the market is categorized into ball valves, check valves, butterfly valves, gate valves, globe valves, plug valves, diaphragm valves and others. The check valves accounted for revenue of around USD 3.6 billion in 2024 and is anticipated to grow at a CAGR of 4.4% from 2025 to 2034.
 

• Check valves are designed to prevent backflow, which is essential for protecting equipment, maintaining process integrity, and avoiding contamination in pipelines. Their widespread use in oil and gas, water and wastewater treatment, chemical processing, and power generation sectors is increasing due to rising infrastructure investments and modernization projects. In oil and gas applications, check valves are vital for high-pressure systems and severe service conditions, where reliability and leak prevention are paramount.
   
• Similarly, in water treatment and municipal systems, they help maintain consistent flow and prevent reverse contamination, aligning with stringent regulatory standards for water quality. The growing emphasis on energy efficiency and sustainability is also boosting demand for advanced check valves with low-pressure drop designs and durable materials that reduce maintenance costs and extend service life.
   

Based on end use industry of North America industrial valve market consists of chemical, energy & utilities, construction, metal & mining, agriculture, pharmaceutical, food & beverages, pulp & paper, and others. The energy & utilities end use emerged as leader and held 29% of the total market share in 2024 and is anticipated to grow at a CAGR of 5.2% from 2025 to 2034.
 

• The growth is due to its extensive infrastructure requirements and ongoing transition toward cleaner and more efficient energy systems. This segment encompasses oil and gas, power generation, and water utilities, all of which rely heavily on valves for flow control, pressure regulation, and safety assurance in critical operations. The resurgence of U.S. shale production, expansion of LNG export facilities, and modernization of aging pipeline networks continue to drive demand for high-performance valves capable of withstanding extreme pressures and temperatures.
   
• Simultaneously, the shift toward renewable energy sources and the development of hydrogen and carbon capture projects are creating new opportunities for specialized valves designed for cryogenic and corrosive environments. Water and wastewater utilities are also investing in advanced valve systems to meet regulatory standards for water quality and sustainability, further boosting market growth.
   

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Based on distribution channel of North America industrial valve market consists of direct and indirect. The indirect distribution channel emerged as leader and held 76.1% of the total market share in 2024 and is anticipated to grow at a CAGR of 4.2% from 2025 to 2034.
 

• The indirect distribution channel offers manufacturers broader market reach, cost efficiency, and enhanced customer service through established networks of distributors, wholesalers, and third-party suppliers. Industrial valves often require specialized handling, technical support, and after-sales services, which distributors are well-equipped to provide, making them a preferred choice for end-users in sectors such as oil and gas, water utilities, and chemical processing.
   
• Furthermore, distributors often maintain strong relationships with local contractors and industrial buyers, ensuring faster delivery and better inventory management, which is critical for large-scale infrastructure projects and maintenance operations.
   

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The U.S. industrial valve market was valued at USD 15 billion in 2024 and is estimated to grow at a CAGR of 4.4% from 2025 to 2034.
 

• The country’s oil and gas sector, driven by shale exploration and LNG export projects, continues to generate significant demand for high-performance valves capable of handling extreme pressures and temperatures.
   
• Additionally, federal initiatives such as the infrastructure investment and Jobs Act and the Inflation Reduction Act are fueling modernization of water and wastewater systems, power generation facilities, and renewable energy projects, all of which require advanced valve solutions. The U.S. is also at the forefront of digital transformation, with industries adopting smart valves integrated with IoT, automation, and predictive maintenance technologies to improve efficiency and comply with stringent environmental regulations.
   

North America Industrial Valve Share

• In 2024, the prominent manufacturers in North America industrial valve industry are Alfa Laval, Baker Hughes, CIRCOR, Crane Company, Emerson Electric and SLB Group collectively held the market share of ~15%.
   
• Alfa Laval, driven by sustainability, is pushing the envelope with innovations and automation. The firm has poured resources into 'smart' facilities, leveraging IoT systems, automated logistics, and advanced data analytics to streamline operations, enhance productivity, and significantly reduce carbon emissions. In line with its 2030 sustainability targets, the company's new Indiana operations center incorporates cutting-edge energy-efficient technologies, heat-pump systems, and solar-ready infrastructure. These initiatives not only align with global sustainability trends but also position Alfa Laval as a leader in environmentally conscious manufacturing.
   
• Baker Hughes is carving its niche as a frontrunner in energy technology, spotlighting digitalization and advanced engineering. By embedding AI-driven solutions, machine learning algorithms, and digital twins in its valve systems, the company enables real-time predictive maintenance, minimizes downtime, and optimizes asset performance. Their collaboration with Microsoft Azure enhances these capabilities further, offering robust analytics, cloud-based monitoring, and scalable solutions that reduce operational costs and emissions.
   

North America Industrial Valve Market Companies

Major players operating in the North America industrial valve industry include:

• Alfa Laval
• AVK Holding
• Baker Hughes
• CIRCOR
• Crane Company
• Curtiss-Wright
• Danfoss
• Emerson Electric
• Hitachi
• Honeywell
• KITZ
• KSB
• SLB
• The Weir Group
• Watts
   

Emerson is a leader in industrial automation, with a range of products such as industrial valves, actuators and regulators. Emerson is particularly strong with a focus on control, isolation and relief valves for critical applications. Emerson has a combination of breadth of products, advanced automation capabilities, a strong presence in the process industries in Europe, and a leading market share, particularly bolstered by its acquisition of Pentair's valves business.
 

Flowserve is a global leader in fluid motion and control, and offers an expansive range of pumps, seals, and industrial valves to a variety of industries. Flowserve is well known for its precision valves that deliver fluid flow control in some of the most critical environments of operation including oil & gas or chemical processing. Flowserve holds a strong position in the European market and provides important flow control products and aftermarket services to critical industry sectors.
 

North America Industrial Valve Industry News

• In April 2025, Alfa Laval introduced its advanced SSV Pressure Relief Valve, a Leakage Detection Butterfly Valve, and a newly designed compact Mixproof CIP/Process valve. These valves, featuring integrated real-time monitoring technology, are designed to improve operational efficiency, ensure superior hygiene standards, and minimize downtime in the food, dairy, and home-care industries.
   
• In February 2025, Baker Hughes launched its Hummingbird all-electric land cementing unit, the SureCONTROL Plus interval control valves, and a fully electric subsea production system. These solutions are engineered to deliver higher reliability, significantly lower emissions, and facilitate easier and faster installations in oil and gas operations.
   
• In February 2025, CIRCOR International showcased its high-pressure hydrogen valves, including the Gen 2 SV 500, along with trailer stop valves and pressure panels. These products were presented at the Hydrogen Live 2025 event, highlighting their capability to handle extreme pressures and ensure safety in hydrogen applications.
   

The North America industrial valve market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) and volume (Million Units) from 2021 to 2034, for the following segments:

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Market, By Type

• Ball Valves
• Check valves
• Butterfly valves
• Gate valves
• Globe valves
• Plug valves
• Diaphragm valves
• Others (safety valves etc.) 

Market, By Material

• Steel
• Plastic
• Cast iron
• Alloy based
• Others (bronze and brass etc.)

Market, By Component

• Actuators
• Valve body
• Others (positioners and I/P converters etc.)

Market, By Size

• 1”
• 1” to 6”
• 7” to 25”
• 26” to 50”
• >50”

Market, By End Use Industry

• Chemical
• Energy & utilities
• Construction
• Metal & Mining
• Agriculture
• Pharmaceutical
• Food & beverages
• Pulp & paper
• Others      

Market, By Distribution Channel

• Direct sales
• Indirect sales

The above information is provided for the following countries:

• U.S.
• Canada