Home > Industrial Machinery > Industrial Equipment > Electrical Components > Pressure Relief Valve Market

Pressure Relief Valve Market Share

Report ID: GMI11432
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Pressure Relief Valves Market Share

Global Pressure Relief Valves Company Market Share Analysis, (2023)

The pressure relief valves industry is fragmented, with prominent players holding a market share of 15%-20% of the total market share. Major companies generally view the sector as a vital component of industrial safety and efficiency, driven by both regulatory requirements and technological advancements. Companies are increasingly focused on innovation, integrating smart technologies and advanced materials to enhance valve performance and operational efficiency.

Pressure Relief Valves Market Share

Major players operating in the pressure relief valves industry include:

Burkert Fluid Control Systems
Cameron
Crane Co
Emerson Electric Co
Flowserve Corporation
GE Measurement & Control Solutions
Honeywell International Inc
Moog Inc
Parker Hannifin Corporation
Pentair plc
Rotork Plc
Schneider Electric SE
Spirax Sarco Limited
ValvTechnologies Inc
Watts Water Technologies Inc

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of pressure relief valves was worth over USD 5.2 billion in 2023 and is anticipated to register a CAGR of 5.3% between 2024 and 2032, due to industrial growth in various sectors, along with the rise in infrastructure projects.

The acting type PRVs market was valued at USD 2.5 billion in 2023 and is expected to record a CAGR of 5.4% through 2032, due to their ease of maintenance, cost-effectiveness, and adaptability to various pressure settings.

Asia Pacific PRV industry was crossed USD 1.8 billion in 2023 and is expected to grow at a CAGR of 5.9% through 2032, driven by robust industrial expansion and increasing infrastructure development across countries like China, India, Japan, and South Korea.

Crane Co., Emerson Electric Co., Flowserve Corporation, GE Measurement & Control Solutions, Honeywell International Inc, Moog Inc, Parker Hannifin Corporation, Pentair plc, and Rotork Plc among others.