U.S. control valve market projected to reach $2.30 billion by 2029 with 5.7% CAGR

From GlobeNewswire: 2025-07-01 08:30:00

The Control Valve Market in the US is projected to reach USD 2.30 billion by 2029, with a CAGR of 5.7% from 2024. The growth is driven by the strong industrial base, especially in oil and gas, energy, and water sectors, supported by modernization efforts and low energy costs.

Actuator components are expected to hold a significant market share in 2023, driven by automation adoption and smart control systems in industries like oil & gas and power generation. The shift towards electric and pneumatic actuators, along with IoT integration, contributes to market growth and efficiency improvements.

The rotary valve segment is set to dominate the US control valve market in 2023 due to its efficiency in flow control and durability, particularly in the oil & gas sector. These valves are cost-effective, durable, and adaptable to high-demand environments, making them the preferred choice in critical applications.

The >6″-25″ control valve size segment is expected to hold a significant market share in 2023, driven by industries requiring high-capacity flow control like oil & gas, power generation, and water & wastewater. The size range is widely adopted in pipeline infrastructure, refinery upgrades, and chemical processing plants, fueling market growth.

The oil & gas segment is expected to record a significant CAGR during the forecast period, driven by shale oil discoveries, rising rig counts, and investments in refinery modernization. Automation and digitalization efforts in upstream, midstream, and downstream operations are enhancing operational performance and reliability, solidifying the oil & gas sector as the fastest-growing segment in the market.



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