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Motorized Control Valves Market Is Anticipated To Witness High Growth Owing To Rising Demand From Heating, Ventilation, And Air Conditioning Industry

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Akanksha Gaikwad
Motorized Control Valves Market Is Anticipated To Witness High Growth Owing To Rising Demand From Heating, Ventilation, And Air Conditioning Industry

The motorized control valves market is primarily driven by the heating, ventilation, and air conditioning (HVAC) industry. Motorized control valves are extensively used in HVAC applications such as cooling towers, chillers, and boilers to control the flow of water, steam, or other heat transfer fluids to achieve the required temperature. They regulate critical processes like steam distribution, chilled water systems, hot water circulation, hydronic heating, and chilled beam systems. The rising demand for HVAC systems from the industrial, commercial, and residential sectors owing to increasing urbanization and changing climate globally has fuelled market growth.

In 2024, the global Motorized Control Valves Market Demand is estimated to be valued at US$ 12.37 billion and is expected to exhibit a CAGR of 5.1% over the forecast period of 2024 to 2031. Key Takeaways Key players operating in the motorized control valves market are WCR, Inc., Alfa Laval, Manning and Lewis, Danfoss, Universal Coils and Heat Exchangers Industries Co. Ltd., Kelvion Holdings, GÃ1⁄4ntner Group GmbH, DFC Pressure Vessel Manufacturer Co., Ltd., Xylem, AIC Inc., API Heat Transfer, Aqua Systems, Inc., Mersen, Southern Heat Exchanger, Hisaka Works, Koch Heat Transfer Company, Chart Industries, Inc., Apparantebau GmbH, Johnson Controls International, Funke Wärmeaustauscher, HRS Heat Exchangers Ltd., and SPX flow, Inc. These players are focusing on new product development and launches to strengthen their market positioning. The key opportunities in the market include replacement demand for old and obsolete valves and increasing adoption of motorized control valves in the oil & gas industry for pipeline monitoring and flow control applications. Geographically, North America holds the major share in the global market due to stringent energy efficiency regulations. However, Asia Pacific is expected to witness the fastest growth on account of rapid industrialization and infrastructure development activities in the region. Market Drivers and Restraint: Market Driver: Growing demand for HVAC systems from the industrial, commercial, and residential sectors is driving the motorized control valves market. Rapid urbanization and changing climate globally has increased the need for temperature control in various applications. Market Restrain: High initial costs associated with motorized control valves compared to conventional valves is a major challenge hampering market growth. Integrating these valves requires additional installation, commissioning, and maintenance expenses which increases the overall project costs.

Segment Analysis The motorized control valves market is divided into various sub-segments based on type, application, end use, and location. Ball valves currently dominate the market owing to their robust design, easy maintenance, and ability to handle high pressure applications effectively. On the other hand, butterfly valves are expected grow at a higher rate during the forecast period due to their compact design and effectiveness in controlling flows with higher capacity. Global Analysis North America currently holds the largest share in the global motorized control valves market due to widespread uptake across oil & gas industry and large number of oil & gas activities in the region. Asia Pacific is projected to grow at the fastest pace during the forecast period. This can be attributed to rapid industrialization and infrastructure development activities in countries like China and India. Europe also captures a significant share owing to adoption across industries like power generation, food & beverage, and pharmaceuticals


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