市場調查報告書
商品編碼
1453871
到 2030 年水閥和燃氣閥市場預測:按閥門類型、材料、應用、最終用戶和地區進行的全球分析Water and Gas Valve Market Forecasts to 2030 - Global Analysis By Valve Type, Material, Application, End User and By Geography |
根據Stratistics MRC預測,2023年全球水閥和燃氣閥市場規模將達65億美元,預計2030年將達到104億美元,預測期內年複合成長率為6.9%。
水氣閥是調節氣體或水在特定方向循環的裝置。瓦斯閥的用途是控制系統內的瓦斯流量。這些閥門通常安裝在幫助輸送氣體或水的管道壁內。這些閥門在調節管道、管道系統、工業流程和住宅公共事業中水和天然氣的流量、壓力和方向方面發揮關鍵作用。
根據EIA的數據,2022年美國即時能源消耗總量約為102.92兆Btu,其中石油消費量約佔31%。
水資源短缺問題日益嚴重
由於人口成長、都市化和氣候變遷等因素,水資源變得越來越稀缺,因此越來越需要更有效地管理供水系統。水閥透過精確控制和調節水流、最大限度地減少浪費和最佳化配水網路來發揮這一重要作用。面臨缺水的地區通常注重節水措施和基礎設施升級,從而推動了對具有洩漏檢測、遠端監控和自動化等功能的先進水閥的需求。
初始成本高
購買和安裝水閥和燃氣閥的初始成本可能很高,特別是對於專用閥門或先進的閥門技術。這些成本不僅包括閥門本身的價格,還包括工程、安裝和系統整合成本。對於許多買家來說,尤其是公共公用事業和小型工業營運等預算有限的行業,這些初始投資可能會成為採用更新、更有效率的閥門解決方案的障礙。然而,高昂的初始成本可能會延長投資回收期,影響決策流程,並延遲閥門更換或升級計劃。
提高環保意識
隨著人們對氣候變遷、污染和資源枯竭的日益關注,各行業越來越關注採用環保實踐。在水和天然氣基礎設施的背景下,這導致了對閥門的需求,這些閥門不僅可以提高營運效率,還可以最大限度地減少對環境的影響。具有降低洩漏率、能源效率和低環境足跡材料等特性的閥門越來越受歡迎。此外,旨在減輕環境退化的法規進一步推動了永續閥門解決方案的採用。
整合複雜度
將新閥門整合到現有的水和天然氣基礎設施系統中是一個困難且耗時的過程。通常需要進行相容性評估、維修和系統更改,從而增加了實施過程的複雜性和成本。由於閥門類型、尺寸和規格多種多樣,每種應用都可能有獨特的要求,從而使整合工作更加複雜。對於最終用戶,特別是在市政公共或工業工廠等擁有成熟基礎設施系統的行業中,整合的複雜性可能會阻礙力採用新的閥門技術或升級現有系統。
Covid-19 的影響:最初,隨著世界各國政府實施限制措施以阻止病毒傳播,市場因封鎖措施、供應鏈中斷和計劃延誤而受到干擾。由於許多基礎設施計劃(包括與水和天然氣發行相關的項目)被擱置或面臨放緩,對閥門的需求下降。工業活動的下降和經濟的不確定性影響了投資決策,並進一步減緩了市場成長。然而,隨著疫情的發展,對提高水和天然氣基礎設施的彈性和效率的重視導致人們對可提高系統可靠性的遠端監控、自動化和閥門技術重新產生了興趣。
球閥細分市場預計將成為預測期內最大的細分市場
球閥領域在預測期內佔據最大佔有率,因為其可靠性、多功能性和提供緊密關閉的能力使其非常適合廣泛的水和天然氣應用。球閥技術的進步,包括材料、塗層和密封機制的改進,提高了其性能和耐用性,進一步推動了需求。此外,對能源效率和環境永續性重視正在推動球閥的採用,其具有低洩漏率和減少維護要求等特點。
預計鑄鐵領域在預測期內年複合成長率最高。
鑄鐵領域將在整個預測期內保持盈利成長,因為其耐用性、強度和耐腐蝕性使其特別適合要求苛刻的水和天然氣應用,例如市政供水網路和天然氣輸送管道。堅固的結構確保可靠的性能和較長的使用壽命,減少頻繁更換和維護的需要,從而實現長期成本節約。此外,鑄鐵作為原料的廣泛可用性和完善的製造程序有助於鑄鐵閥門的經濟性和擴充性,吸引了各個行業和地區的廣泛最終用戶。
由於中國、印度和東南亞國家等國家的快速都市化和工業化正在推動對水和天然氣基礎設施發展的需求,亞太地區在預測期內佔據最大的市場佔有率。隨著城市人口的成長,迫切需要建造和升級供水網路、污水處理設施和燃氣發行系統,從而推動了對水和燃氣閥門的需求。此外,該地區政府和私人實體對基礎設施計劃的投資不斷增加,進一步刺激了市場成長。
由於政府法規經常要求使用先進的閥門技術來監測、控制和最佳化各種應用中的水和天然氣流量,亞太地區將在預測期內顯著成長。旨在提高基礎設施抵禦洪水和地震等自然災害能力的舉措將進一步刺激對高品質閥門的需求。隨著政府優先投資現代化基礎設施和確保公共,隨著對符合監管標準的創新解決方案的需求激增,水和燃氣閥門市場有望擴大該地區的市場規模,從而促進技術進步。
According to Stratistics MRC, the Global Water and Gas Valve Market is accounted for $6.5 billion in 2023 and is expected to reach $10.4 billion by 2030 growing at a CAGR of 6.9% during the forecast period. Water and gas valves are devices that allow the circulation of gas or water to be regulated in certain directions. The purpose of a gas valve is to control the flow of gas through a system. These valves are frequently installed inside the walls of pipes that help move gas or water. These valves play a crucial role in regulating the flow, pressure, and direction of water and gas in pipelines, plumbing systems, industrial processes, and residential utilities.
According to EIA, total immediate energy consumption in the United States in 2022 was about 102.92 quadrillions Btu, of which petroleum consumption was about 31 percent.
Increasing water scarcity
As water resources become more scarce due to factors like population growth, urbanization, and climate change, there's a heightened urgency to manage water distribution systems more efficiently. Water valves play a crucial role in this by enabling precise control and regulation of water flow, minimizing wastage, and optimizing distribution networks. In regions facing water scarcity, there's often a greater emphasis on water conservation measures and infrastructure upgrades, leading to increased demand for advanced water valves with features like leak detection, remote monitoring, and automation.
High initial costs
The upfront expenses associated with purchasing and installing water and gas valves can be substantial, particularly for specialized or advanced valve technologies. These costs encompass not only the price of the valves themselves but also expenses related to engineering, installation, and system integration. For many buyers, especially in sectors with tight budget constraints such as municipal utilities or small-scale industrial operations, these initial investments may pose a barrier to adopting newer, more efficient valve solutions. However, high initial costs can lengthen the return on investment period, impacting decision-making processes and potentially delaying valve replacement or upgrade projects.
Growing awareness of environmental sustainability
With increasing concerns about climate change, pollution, and resource depletion, there's a heightened focus on adopting eco-friendly practices across industries. In the context of water and gas infrastructure, this translates to the demand for valves that not only enhance operational efficiency but also minimize environmental impact. Valves equipped with features such as reduced leakage rates, energy efficiency, and materials with low environmental footprint are gaining traction. Additionally, regulations aimed at mitigating environmental degradation further drive the adoption of sustainable valve solutions.
Complexity of integration
Integrating new valves into existing water and gas infrastructure systems can be challenging and time-consuming. Compatibility assessments, retrofitting, and system modifications are often required, adding complexity and cost to implementation processes. The diverse range of valve types, sizes, and specifications further complicates integration efforts, as each application may have unique requirements. For end-users, particularly in industries with established infrastructure systems such as municipal utilities or industrial plants, the complexity of integration can act as a deterrent to adopting newer valve technologies or upgrading existing systems.
Initially, the market experienced disruptions due to lockdown measures, supply chain interruptions, and project delays as governments worldwide implemented restrictions to contain the virus's spread. Many infrastructure projects, including those related to water and gas distribution, were put on hold or faced slowdowns, leading to decreased demand for valves. Reduced industrial activity and economic uncertainty affected investment decisions, further dampening market growth. However, as the pandemic progressed, there was an increased emphasis on improving water and gas infrastructure resilience and efficiency, leading to renewed interest in valve technologies that enhance remote monitoring, automation, and system reliability.
The ball valves segment is expected to be the largest during the forecast period
Ball Valves segment commanded the largest share during the forecast period due to their reliability, versatility, and ability to provide tight shut-off, making them highly suitable for a wide range of water and gas applications. Advancements in ball valve technology, such as improved materials, coatings, and sealing mechanisms, have enhanced their performance and durability, further driving demand. Additionally, the growing emphasis on energy efficiency and environmental sustainability has propelled the adoption of ball valves with features like low leakage rates and reduced maintenance requirements.
The cast iron segment is expected to have the highest CAGR during the forecast period
Due to their durability, strength, and resistance to corrosion, making them particularly well-suited for demanding water and gas applications, including municipal water distribution networks and gas transmission pipelines, Cast Iron segment is expected to hold profitable growth throughout the extrapolated period. Their robust construction ensures reliable performance and longevity, reducing the need for frequent replacements and maintenance, thus offering cost savings over the long term. Furthermore, the widespread availability of cast iron as a raw material, coupled with established manufacturing processes, contributes to the affordability and scalability of cast iron valves, appealing to a broad range of end-users across different industries and regions.
Due to the rapid urbanization and industrialization across countries like China, India, and Southeast Asian nations are fueling the demand for water and gas infrastructure development, Asia Pacific region commanded the largest share of the market throughout the projection period. As urban populations expand, there is a pressing need to build and upgrade water supply networks, wastewater treatment facilities, and gas distribution systems, thereby driving the demand for water and gas valves. Additionally, increasing investments in infrastructure projects by governments and private entities in the region are further stimulating market growth.
Asia Pacific region is prophesied to witness substantial growth throughout the projection period as government regulations often mandate the use of advanced valve technologies to monitor, control, and optimize the flow of water and gas in various applications. Initiatives aimed at improving infrastructure resilience against natural disasters such as floods and earthquakes further stimulate demand for high-quality valves. As governments prioritize investments in modernizing infrastructure and ensuring public safety, the Water and Gas Valve market experiences a surge in demand for innovative solutions compliant with regulatory standards, fostering both market expansion and technological advancement in the region.
Key players in the market
Some of the key players in Water and Gas Valve market include Crane Holdings Co, Curtiss-Wright Corporation, Emerson Electric Co, Flowserve Corporation, Honeywell International Inc, Schlumberger Limited, The Weir Group Plc, Watts Water Technologies Inc, Mueller Water Products, Inc and Kitz Corporation.
In December 2023, Watts Water Technologies, Inc. through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions announced that it has entered into a definitive agreement to acquire Josam Company ("Josam"), a leading provider and manufacturer of drainage and plumbing products for over 100 years.
In August 2023, Watts Water Technologies, Inc., through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions announced that it has entered into a definitive agreement to acquire Bradley Corporation ("Bradley") for $303 million, subject to customary adjustments.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.