Automated Industrial Valves Driving Growth in US Market: Future Market Insights, Inc.

Thursday, 21 March 2024, 00:30

The US automation sector is experiencing a surge in demand for automatic industrial valves, leading to substantial market expansion. Projections suggest a steady Compound Annual Growth Rate (CAGR) of 3.40% from 2024 to 2034, with the market size expected to soar to US$ 123.05 billion by 2034.
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Automated Industrial Valves Driving Growth in US Market: Future Market Insights, Inc.

Industrial Valve Market Growth in the US

The automation sector in the United States is witnessing a surge in demand for automatic industrial valves, driving significant growth within the market.

Key Highlights:

  • Market Projection: US market for automatic industrial valves to exhibit CAGR of 3.40% from 2024 to 2034.
  • US Market Worth: Predicted market worth of US$ 81.55 billion in 2024.

In March 2024, Future Market Insights, Inc. noted the expected shift in the industrial valve market, with a projected market worth of US$ 123.05 billion by 2034.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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