Control Valves Market (Actuation Technology - Manual Control Valves, Pneumatic Control Valves, Hydraulic Control Valves, & Electric Control Valves) - Worldwide Industry Analysis, Size, Growth, Trends Future Estimate 2024
In terms of revenue, the global control valves market was valued at US$8.92 bn in 2015 and is expected to reach US$15.41 bn by 2024. If these values hold true, the market is projected to expand at a 6.3% CAGR during the forecast period. The volume of the global control valves market is forecast to rise at a 5.9% CAGR from 2016 to 2024.
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