Valves And Actuators Market Size and Share

Valves And Actuators Market Summary
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Valves And Actuators Market Analysis by Mordor Intelligence

The Valves and actuators market size stood at USD 75.9 billion in 2026 and is projected to reach USD 108.15 billion by 2031 at a 7.34% CAGR. Digitalization mandates, fugitive-emission retrofits, hydrogen-ready designs and LNG infrastructure additions are synchronizing to sustain demand even as legacy refinery spending moderates. Ball valves remain the workhorse for shale wellheads, desalination feed lines and LNG loading arms, while predictive-maintenance software embedded in smart actuators is trimming unplanned downtime across chemical, water and power assets. Material selection is shifting toward stainless steel and super duplex alloys able to manage chloride-rich and hydrogen-embrittling media. At the same time, municipalities are deploying automated valve grids to stem non-revenue water, and OEMs are recasting their portfolios around cyber-secure, edge-analytical devices that comply with IEC 62443 standards.

Key Report Takeaways

  • By product type, ball valves captured 28.73% of the Valves and actuators market share in 2025, while pressure relief and safety valves are advancing at an 8.21% CAGR through 2031.
  • By actuator type, pneumatic actuators led with 37.63% revenue share in 2025, whereas smart and intelligent variants are poised to rise at an 8.44% CAGR to 2031.
  • By end-use, oil and gas accounted for 34.64% of demand in 2025, but water and wastewater treatment is expanding at an 8.56% CAGR to 2031.
  • By material, stainless steel commanded 42.62% share in 2025, with plastic and composite alternatives growing at an 8.99% CAGR.
  • By geography, North America held 38.73% of 2025 sales, whereas Asia Pacific is projected to climb at an 8.55% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Valve Product Type: Ball Valves Anchor Upstream Reliability

Ball valves accounted for 28.73% of the Valves and actuators market in 2025, highlighting their quarter-turn simplicity and bubble-tight shutoff, which is essential for wellhead isolation. Pressure relief and safety valves are forecast to grow at a rate of 8.21% through 2031, as petrochemical complexes upgrade to API 520 designs following high-profile overpressure incidents.

The product spectrum is splintering into niche certifications such as API 607 fire-safe and BS 6364 cryogenic approvals, consolidating supplier bases around firms that can finance multiple test rigs. Control and butterfly valves are gaining ground in desalination and HVAC networks, while plug-valve adoption in slurry services spreads from Chilean tailings dams to Indonesian bauxite mines. These shifts preserve the momentum of the Valves and actuators market.

Valves And Actuators Market: Market Share by Valve Product Type
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By Actuator Type: Pneumatics Persist but Smart Systems Surge

Pneumatic actuators led with 37.63% revenue share in 2025, favored for intrinsic safety in explosive zones and compatibility with existing air loops. Smart electric models, however, are accelerating at an 8.44% CAGR as asset-performance software tracks stroke counts and torque profiles in real time.

Electric units are displacing pneumatics in water utilities where energy audits spotlight compressed-air costs, while hydraulic designs remain entrenched in subsea trees until all-electric systems scale. ABB’s MotorSense actuator, which harvests vibration energy to power onboard sensors, exemplifies cost-saving innovation. This bifurcation sustains healthy competition within the Valves and actuators market.

By End-Use Industry: Water Treatment Outpaces Oil and Gas

Oil and gas applications still represented 34.64% of 2025 demand, yet water and wastewater utilities are expanding at 8.56% through 2031 on the back of USD 55 billion in U.S. infrastructure funding. Automated valve grids reduce non-revenue water by 18% in pilot studies.

Chemical processors are embracing digital control to cut batch variability, while mining projects in Chile and Australia specify abrasion-resistant valves for mineral slurries. Pharmaceutical and food plants prioritize sanitary, single-use assemblies, underscoring a structural tilt that diversifies the Valves and actuators market.

Valves And Actuators Market: Market Share by End-Use Industry
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By Material: Stainless Steel Dominates but Composites Gain

Stainless steel captured 42.62% share in 2025 thanks to its corrosion resistance in chloride and hydrogen environments. Plastic and composite valves are growing at 8.99%, riding demand for PVDF-lined units that eliminate ion leaching in drug manufacturing.

Alloy prices surged when Indonesian nickel exports tightened, spurring exploration of cobalt-free alternatives for hydrogen duties. Composite options offer 30%-40% weight savings on offshore platforms, lowering crane rentals and installation risks. Such material innovation supports continuous evolution within the Valves and actuators market size discussion.

Geography Analysis

North America retained leadership in 2025 with 38.73% of global revenue as shale play monetization and Gulf Coast LNG projects collectively required up to 500,000 valves. Installed-base services generate nearly half of regional turnover, cushioning suppliers from project lulls. Asia Pacific is forecast to register an 8.55% CAGR through 2031, propelled by China’s coal-to-chemicals complexes and India’s smart-city water grids, trends that will steadily lift the Valves and actuators market size in the region. 

Europe’s valve demand is driven more by replacement than expansion as the Industrial Emissions Directive compels chemical plants to retrofit low-emission stems every six months. Refineries, however, are shuttering or converting to biofuels, trimming orders for large-bore isolation valves. South America shows episodic spikes tied to Brazil’s pre-salt fields and Argentina’s Vaca Muerta pipelines, yet municipal water spending remains constrained by fiscal headwinds. 

The Middle East and Africa rely heavily on desalination and petrochemical megaprojects. High-salinity feedwater cuts butterfly-valve life cycles to five-seven years, guaranteeing a steady aftermarket. Nigeria’s Dangote refinery and Egypt’s Zohr gas field have set precedents for large-scale procurement, though regional distributor networks are still maturing. These geographic dynamics collectively reinforce long-term growth prospects for the Valves and actuators market.

Valves And Actuators Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The top 10 suppliers control most of global sales, yielding a moderate fragmentation profile. Scale players such as Emerson, Flowserve, and Rotork monetize installed-base service contracts that deliver nearly half of automation revenue. Their digital-twin platforms differentiate them from regional specialists that compete on customization speed for hydrogen, cryogenic, and sanitary niches. 

Technology innovation shapes current competition. ABB has patented a self-diagnosing actuator that predicts seal failure 90 days in advance, while Bürkert’s modular valve islands reduce panel footprints by 40%, offering tangible savings to pharmaceutical plants. Commodity pneumatic segments face intense pricing from Chinese imports that undercut Western catalogs by up to 30%, forcing incumbents to focus on smart, engineered-to-order product lines. 

Mergers and acquisitions continue but at smaller scales: Crane’s 2024 purchase of a cryogenic-valve specialist deepened its LNG portfolio, whereas Emerson’s 2025 acquisition of a European smart-actuator firm added 120 wireless-sensor engineers. Compliance with IEC 62443 creates a cybersecurity moat, making certification capacity a decisive factor in upcoming bids and sustaining competition intensity within the Valves and actuators market.

Valves And Actuators Industry Leaders

  1. Emerson Electric Co.

  2. Schlumberger Limited

  3. Alfa Laval Corporate AB

  4. Flowserve Corporation

  5. Crane Company

  6. *Disclaimer: Major Players sorted in no particular order
Valves and Actuators Market Concentration
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Recent Industry Developments

  • December 2025: Emerson Electric completed the acquisition of a European smart-actuator specialist for EUR 180 million (USD 195 million).
  • November 2025: Flowserve secured a USD 85 million order for cryogenic valves for an Australian LNG export terminal.
  • October 2025: Rotork launched the N05-A fully electric subsea actuator rated for 3,000 m water depth.
  • September 2025: Siemens partnered with a Middle Eastern EPC firm to co-develop hydrogen-compatible control valves for the NEOM project.

Table of Contents for Valves And Actuators Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rapid adoption of Industry 4.0-enabled smart valves and actuators
    • 4.2.2 Expansion of global desalination capacity, especially in MENA
    • 4.2.3 LNG infrastructure build-out in North America and APAC
    • 4.2.4 Retrofit demand driven by fugitive-emission regulations
    • 4.2.5 Shift to all-electric subsea production systems
    • 4.2.6 Hydrogen-ready valve designs for green-H₂ projects
  • 4.3 Market Restraints
    • 4.3.1 Prolonged CAPEX slowdown in conventional OandG refining
    • 4.3.2 Supply-chain bottlenecks for castings and forgings
    • 4.3.3 Skills gap in digital valve commissioning and maintenance
    • 4.3.4 Cyber-hardening costs for connected flow-control assets
  • 4.4 Indusy Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Valve Product Type
    • 5.1.1 Ball
    • 5.1.2 Butterfly
    • 5.1.3 Gate/Globe/Check
    • 5.1.4 Plug
    • 5.1.5 Control
    • 5.1.6 Pressure Relief / Safety
    • 5.1.7 Other Valve Product Types
  • 5.2 By Actuator Type
    • 5.2.1 Hydraulic
    • 5.2.2 Pneumatic
    • 5.2.3 Electric
    • 5.2.4 Electro-hydraulic
    • 5.2.5 Mechanical
    • 5.2.6 Smart / Intelligent
    • 5.2.7 Other Actuator Types
  • 5.3 By End-Use Industry
    • 5.3.1 Oil and Gas
    • 5.3.2 Power Generation
    • 5.3.3 Chemical and Petrochemical
    • 5.3.4 Water and Wastewater
    • 5.3.5 Mining and Metals
    • 5.3.6 Pharmaceuticals
    • 5.3.7 Food and Beverage
    • 5.3.8 Pulp and Paper
    • 5.3.9 HVAC and Building Services
    • 5.3.10 Marine and Shipbuilding
    • 5.3.11 Other End-Use Industries
  • 5.4 By Material
    • 5.4.1 Stainless Steel
    • 5.4.2 Carbon Steel
    • 5.4.3 Alloy-based (Duplex, Inconel, etc.)
    • 5.4.4 Cast Iron
    • 5.4.5 Plastic and Composite
    • 5.4.6 Cryogenic-service Materials
    • 5.4.7 Other Materials
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 ASEAN
    • 5.5.4.6 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Nigeria
    • 5.5.5.2.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Emerson Electric Co.
    • 6.4.2 Schlumberger Limited
    • 6.4.3 Alfa Laval AB
    • 6.4.4 Flowserve Corporation
    • 6.4.5 Crane Company
    • 6.4.6 Rotork plc
    • 6.4.7 Metso Corporation
    • 6.4.8 KITZ Corporation
    • 6.4.9 IMI plc
    • 6.4.10 Samson AG
    • 6.4.11 Honeywell International Inc.
    • 6.4.12 Danfoss A/S
    • 6.4.13 Bürkert GmbH and Co. KG
    • 6.4.14 Neway Valve (Suzhou) Co., Ltd.
    • 6.4.15 CIRCOR International, Inc.
    • 6.4.16 KSB SE and Co. KGaA
    • 6.4.17 Velan Inc.
    • 6.4.18 Spirax-Sarco Engineering plc
    • 6.4.19 General Electric Company
    • 6.4.20 ABB Ltd
    • 6.4.21 Siemens AG
    • 6.4.22 Curtiss-Wright Corporation
    • 6.4.23 Pentair plc
    • 6.4.24 Yokogawa Electric Corporation
    • 6.4.25 AVK Holding A/S

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Global Valves And Actuators Market Report Scope

The Valves and Actuators Market Report is Segmented by Valve Product Type (Ball, Butterfly, Gate/Globe/Check, Plug, Control, Pressure Relief/Safety, Other Types), Actuator Type (Hydraulic, Pneumatic, Electric, Electro-hydraulic, Mechanical, Smart/Intelligent, Other Types), End-Use Industry (Oil and Gas, Power Generation, Chemical and Petrochemical, Water and Wastewater, Mining and Metals, Pharmaceuticals, Food and Beverage, Pulp and Paper, HVAC and Building Services, Marine and Shipbuilding, Other Industries), Material (Stainless Steel, Carbon Steel, Alloy-based, Cast Iron, Plastic and Composite, Cryogenic-service Materials, Other Materials), and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

By Valve Product Type
Ball
Butterfly
Gate/Globe/Check
Plug
Control
Pressure Relief / Safety
Other Valve Product Types
By Actuator Type
Hydraulic
Pneumatic
Electric
Electro-hydraulic
Mechanical
Smart / Intelligent
Other Actuator Types
By End-Use Industry
Oil and Gas
Power Generation
Chemical and Petrochemical
Water and Wastewater
Mining and Metals
Pharmaceuticals
Food and Beverage
Pulp and Paper
HVAC and Building Services
Marine and Shipbuilding
Other End-Use Industries
By Material
Stainless Steel
Carbon Steel
Alloy-based (Duplex, Inconel, etc.)
Cast Iron
Plastic and Composite
Cryogenic-service Materials
Other Materials
By Geography
North AmericaUnited States
Canada
Mexico
South AmericaBrazil
Argentina
Rest of South America
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificChina
Japan
India
South Korea
ASEAN
Rest of Asia-Pacific
Middle East and AfricaMiddle EastSaudi Arabia
United Arab Emirates
Rest of Middle East
AfricaSouth Africa
Nigeria
Rest of Africa
By Valve Product TypeBall
Butterfly
Gate/Globe/Check
Plug
Control
Pressure Relief / Safety
Other Valve Product Types
By Actuator TypeHydraulic
Pneumatic
Electric
Electro-hydraulic
Mechanical
Smart / Intelligent
Other Actuator Types
By End-Use IndustryOil and Gas
Power Generation
Chemical and Petrochemical
Water and Wastewater
Mining and Metals
Pharmaceuticals
Food and Beverage
Pulp and Paper
HVAC and Building Services
Marine and Shipbuilding
Other End-Use Industries
By MaterialStainless Steel
Carbon Steel
Alloy-based (Duplex, Inconel, etc.)
Cast Iron
Plastic and Composite
Cryogenic-service Materials
Other Materials
By GeographyNorth AmericaUnited States
Canada
Mexico
South AmericaBrazil
Argentina
Rest of South America
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificChina
Japan
India
South Korea
ASEAN
Rest of Asia-Pacific
Middle East and AfricaMiddle EastSaudi Arabia
United Arab Emirates
Rest of Middle East
AfricaSouth Africa
Nigeria
Rest of Africa
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Key Questions Answered in the Report

How fast is the Valves and actuators market expected to grow through 2031?

The market is projected to expand from USD 75.9 billion in 2026 to USD 108.15 billion by 2031 at a 7.34% CAGR.

Which product type currently dominates global demand?

Ball valves led sales in 2025, accounting for 28.73% of global revenue thanks to their quarter-turn reliability in oil, gas and water applications.

What segment is growing the quickest?

Pressure relief and safety valves are forecast to register the fastest growth, rising at an 8.21% CAGR through 2031 as safety standards tighten.

Why are smart actuators gaining traction?

Intelligent electric actuators with embedded diagnostics enable predictive maintenance that cuts plant downtime and compressed-air costs, driving an 8.44% CAGR for the category.

Which region offers the strongest growth outlook?

Asia Pacific is set to record an 8.55% CAGR to 2031, propelled by industrial expansion in China and urban water investments in India.

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