Industrial Valves And Actuators Market Size Is Set To Grow By Usd 18.67 Billion From 2024-2028, Increasing Investments In Modernizing Industrial Facilities To Boost The Market Growth, Technavio

The global industrial valves and actuators market is estimated to grow at a CAGR of 4.85% during the forecast period, driven by increasing investments in modernizing industrial facilities and the trend towards evolution of valve diagnostics. Key market players include ABB Ltd., ACTUATECH Spa, AUMA Riester GmbH and Co. KG, and more.