Aging infrastructure is a critical concern for many industries in Australia, as it directly affects the reliability and efficiency of operations. With many facilities, including water treatment plants, mining operations, and energy generation sites, relying on outdated systems, the need for modern industrial valves becomes paramount. As these systems deteriorate, companies are compelled to replace aging valves with new, more efficient models to maintain operational integrity and ensure compliance with regulatory standards.
Moreover, significant government investments in infrastructure renewal further drive the demand for industrial valves. Initiatives such as the National Water Infrastructure Development Fund and various state-level projects are aimed at upgrading and modernizing critical infrastructure. These investments necessitate the installation of high-performance industrial valves, enhancing safety, efficiency, and sustainability in essential services like water supply and energy production.
Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/australia-japan-south-korea-indonesia-thailand-industrial-valves-market
Data Bridge Market Research analyzes that the Australia, Japan, South Korea, Indonesia, Thailand Industrial Valves Market size was valued at USD 17.33 billion in 2023 and is projected to reach USD 26.95 billion by 2031, growing with a CAGR of 6.0% during the forecast period of 2024 to 2031.
Key Findings of the Study
Increasing Focus on Safety and Environmental Compliance
The increasing focus on safety and environmental compliance is a significant driver for the industrial valves market in Indonesia, particularly for water and wastewater treatment plants and power plants. As industries in these sectors strive to meet stringent government regulations and international safety standards, the demand for high-quality, reliable valves has surged. These valves play a critical role in ensuring operational safety by effectively managing the flow of liquids and gases, thus preventing potential hazards, such as leaks or system failures.
Moreover, environmental compliance has become a key priority for water and wastewater treatment plants in Indonesia. Industrial valves that offer precise control and durability help these facilities meet environmental standards by preventing contamination, reducing the release of hazardous materials, and ensuring efficient wastewater treatment. The adoption of advanced valve systems with improved monitoring and control features is enabling companies to meet regulatory requirements while optimizing operational efficiency.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion
|
|
Segments Covered
|
Type (Ball Valves, Butterfly Valves, Gate Valves, Check Valves, Globe Valves, Diaphgram Valves, Plug Valves, Safety Valves, Air Valve, Solenoid Valve, Penstocks, Plunger Valve, and Others), Component, (Actuators, Valve Body, Trim, and Others), Function (On/Off Valves and Control Valves), Size (1-6 Inch, 7-25 Inch, <1 Inch, 26-50 Inch, and >50 Inch), Material (Stainless Steel, Cast Steel, PVC, PTFE, Alloy, Rubber, and Others), Application (Water and Wastewater, Power, Chemical, Agriculture, and Building), Sales Channel (Direct and Indirect)
|
|
Countries Covered
|
Australia, Japan, South Korea, Indonesia, and Thailand
|
|
Market Players Covered
|
KUBOTA CORPORATION (Japan), SCHLUMBERGER LIMITED (SLB Technology) (U.S.), AVK Holding A/S (Denmark), ALFA LAVAL (Sweden), GEA GROUP AKTIENGESELLSCHAFT (Germany), Keihin (Japan), Emerson Electric Co (U.S.), Spirax-Sarco Engineering plc (SPIRAX SARCO LIMITED) (United Kingdom), GEMU Group (Germany), HAWLE (ERHARD GMBH & CO. KG) (Germany), Flowserve Corporation (U.S.), Maezawa Industries, Inc. (Japan), Bray International (U.S.), VAG GmbH (Germany), Mack Valves Australia Pty Ltd. (Australia), KITZ CORPORATION (Japan), VALMET (Finland), HP Valves (Netherlands), CIRCOR INTERNATIONAL, INC (U.S.), NIPPON DAIYA VALV (Japan), KVC CO.,LTD. (South Korea), John Valves Pty Ltd (Australia), BMT CO., LTD. (South Korea), Henry Pratt Company, LLC (U.S.), CRANE CORPORATION (U.S.), KSB SE & Co. KGaA (Germany), MAEDA VALVE CO.,LTD (Japan), SAMSHIN (South Korea), Mayur (Valves) System Private Limited (India), KDVFlow (South Korea), KAP VALVES Co Ltd (South Korea), VELAN, INC. (Canada), 4Matic Global Valve Automation (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis
|
Segment Analysis
The Australia, Japan, South Korea, Indonesia, Thailand industrial valves market is segmented into seven notable segments, which are based on the basis type, component, function, size, material, application and sales channel.
- On the basis of type, the market is segmented into ball valves, butterfly valves, gate Valves, check valves, globe valves, diaphragm valves, plug valves, safety valves, air valve, solenoid valve, penstocks, plunger valve and others
In 2024, ball valves is expected to dominate the Australia, Japan, South Korea, Indonesia, Thailand industrial valves market
In 2024, ball valves is expected to dominate the market with 23.73% market share because aging infrastructure hinders growth of industrial valve market.
- On the basis of component, the market is segmented into actuators, valve body, trim, and others
In 2024, actuators is expected to dominate the Australia, Japan, South Korea, Indonesia, Thailand industrial valves market
In 2024, actuators is expected to dominate the market with 44.56% market share due to growing environmental sustainability.
- On the basis of function, the market is segmented into on/off valves, control valves. In 2024, on/off valves is expected to dominate the market with 64.38% market share
- On the basis of size, the market is segmented into 1-6 inch, 7-25 inch, <1 inch, 26-50 inch, >50 inch. In 2024, 1-6 inch is expected to dominate the market with 38.89% market share
- On basis of material, the market is segmented into stainless steel, cast steel, PVC, PTFE, alloy, rubber, and others. In 2024 the stainless steel segment is expected to dominate the market with 34.65% market share
- On basis of application, the market is segmented into water and wastewater, power, chemical, agriculture, and building. In 2024, water and wastewater is expected to dominate the market with 38.62% market share
- On the basis of sales channel, the market is segmented into direct and indirect. In 2024, the direct segment is expected to dominate the market with 62.13% market share
Major Players
Data Bridge Market Research Analyses KUBOTA CORPORATION (Japan), SCHLUMBERGER LIMITED(SLB Technology) (U.S.), AVK Holding A/S (Denmark), GEA GROUP AKTIENGESELLSCHAFT (Germany), Keihin (Tokyo) as major market players in this market.
Market Development
- In September 2024, Kubota Corporation and its U.S. holding company, Kubota North America Corporation, acquired Bloomfield Robotics, Inc. on September 11, 2024. Bloomfield, a U.S.-based AgTech startup, provided specialty crop monitoring services using image analysis and AI technology. The acquisition aimed to enhance Kubota’s capabilities in crop monitoring, enabling better resource allocation and operational efficiency for specialty crop farmers, while accelerating the integration of innovative technologies into agricultural machinery
- In August 2024, Kubota Corporation announced its exhibition for Expo 2025 Osaka, Kansai, focusing on sustainable "Food and Agriculture." The "Kubota Germination Lab" will showcase technologies promoting a prosperous society within planetary boundaries. Visitors can engage with interactive displays and a simulation game, highlighting the interconnectedness of food systems and the importance of collaboration for future sustainability
- In May 2024, AVK GROUP A/S has launched double eccentric butterfly valves featuring fully welded seats, available in sizes DN150-1400. With IP67 and IP68 gearbox options for buried installations, these valves are designed for durability and reliability in water supply applications. Complying with EN593 standards and approved by DVGW, Kiwa, and WRAS, they offer enhanced sealing and protection
Regional Analysis
Geographically, the countries covered in the report are Australia, Japan, South Korea, Indonesia, and Thailand.
As per Data Bridge Market Research analysis:
Japan is expected to dominate and fastest growing country in the Australia, Japan, South Korea, Indonesia, Thailand industrial valves market
Japan is expected to dominate and fastest growing country in the market due to agriculture expansion in the region drives valves demand.
For more detailed information about Australia, Japan, South Korea, Indonesia, Thailand industrial valves market report, click here– https://www.databridgemarketresearch.com/ko/reports/australia-japan-south-korea-indonesia-thailand-industrial-valves-market
