Market Size of United States Valves Industry in Water and Wastewater Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.67 Billion |
| Market Size (2029) | USD 1.96 Billion |
| CAGR (2024 - 2029) | 3.28 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Water & Wastewater Valves Market Analysis
The United States Valves Market in Water and Wastewater Industry is expected to grow from USD 1.67 billion in 2024 to USD 1.96 billion by 2029, at a CAGR of 3.28% during the forecast period (2024-2029).
The growth in the United States Valves Market in Water and Wastewater Industry is attributed to the increasing automation in the water and wastewater industry. Moreover, the increasing adoption of 3D printing for valve manufacturing is further pushing the demand for Laser Transmitters in the United States.
- Water has been one of the essential elements for thriving communities. According to the US Environmental Protection Agency, each American uses up to 80 gallons of water per day. Therefore, the nation demands advanced and sophisticated water and wastewater infrastructure.
- The water infrastructure has been challenging for the United States for quite some time, as many of them were built 50 years ago. Therefore, the aging infrastructure is driving new projects that involve the replacement and renewal of pipelines. This is expected to drive demand for new valves in the studied market.
- Intense competition amongst all end users is driving the US valves market in the water and wastewater industry. The end users will invest in valves to boost their productivity, integrate the global value chain, and enable innovation and the shift to sustainable production while reducing the time to market and business risk.
- The market faces many challenges, such as the 'perfect competition' business environment in the US market for automatic valves used in the water and wastewater industry. Additionally, the aggravating economic instability in the wake of COVID-19 in the nation and the world further compounds the crisis.
- Further, the COVID-19 pandemic has largely impacted the water, energy, ecology, and food industries. Labour shortfall, budget constraint, and supply chain problems have all hampered the service of the manufacturing and supply chain of the United States vales market.
