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The industrial valves and actuators market size is forecast to increase by USD 18.67 billion at a CAGR of 4.85% between 2023 and 2028. The market is experiencing significant growth due to increasing investments in modernizing industrial facilities worldwide. This modernization trend is driving the demand for advanced valve technologies, such as DIN Valves, API Valves, and ISO Valves. Actuated Ball Valves, Actuated Gate Valves, Actuated Globe Valves, and Actuated Check Valves are gaining popularity due to their enhanced performance and reliability. The evolution of valve diagnostics is another key trend, enabling predictive maintenance and reducing downtime. Additionally, competitive pricing strategies from low-cost Asian manufacturers are making these advanced valves and actuators more accessible to a wider customer base. Overall, these factors are expected to fuel the growth of the market in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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