A High Single-Digit CAGR Projected for Industrial Valve Market During 2017-2027 by FMI
Over the years, preference for valves, particularly automatic functioning valves has been on a rise worldwide. Increasing industrial automation and the need for cutting down the operational cost of manually-operated valves have been triggering the adoption of industrial valves across several industrial verticals. Future Market Insights' recent study on the global industrial valve market projects that by the end of 2017, over 420 Mn pcs. of industrial values will be sold across the globe.