North America Water Treatment Industry Valves Market

The North America water treatment industry valves market was valued at US$ 2,411.75 million in 2022 and is expected to reach US$ 3,435.69 million by 2030; it is estimated to register a CAGR of 4.5% from 2022 to 2030.

Rising Development of Next Generation Valve Fuels North America Water Treatment Industry Valves Market

Valve manufacturers have started integrating automation and IoT technologies into valves to increase overall efficiency and effectiveness. Smart valves make use of IoT technologies to regulate, monitor, and automate valve operations more efficiently. These next-generation valves manage flow rates and pressure to ensure equal resource allocation. They maintain a steady and balanced supply, preventing issues such as water hammer, poor distribution, and excessive use. Furthermore, smart valves use advanced sensors and algorithms to detect leaks early. Smart valves can detect unusual changes in pressure and flow rates and inform operators of potential leaks. This reduces damage and prevents resource waste. Thus, owing to such benefits of the technology-integrated valves, many manufacturers are focusing on product development strategies. In November 2021, Rusco released a smart automatic ball valve controlled by an app. The Smart Ball Valve is easily compatible with a few smartphones, allowing for program automation and simplifying two major functions: sediment flushing and flow shutoff. The product can be utilized in home filtration, well water, and commercial and municipal applications and is available in both Wi-Fi and Zigbee variants, ensuring maximum access to the technology. In June 2023, SANKING introduced the Intelligent Motorized Ball Valve to suit the management and control requirements of the new era of pipe systems. The valve has two communication modes, MODBUS485 and 4-20mA, and might be integrated with a PLC for remote management and real-time feedback. These valves are particularly useful for applications that demand precise flow control, such as dosing and water treatment systems. In June 2023, Aquana, LLC. announced the launch of its latest product, a new remote shutoff valve, in the IoT platform portfolio. The Aquana AVS valve is an IP68-rated remote disconnect ball valve that works with any existing Advanced Metering Infrastructure (AMI) platform. The Aquana valve is a cost-effective solution for water utilities looking to implement remote water shutoff within their service zone. Thus, the development of next-generation valves by manufacturers is expected to create several opportunities for the water treatment industry valves market growth during the forecast period.

North America Water Treatment Industry Valves Market Overview

North America water treatment industry is growing at rapid pace with government initiatives and funding for the clean water infrastructure. For instance, in July, the US Department of Interior invested around US$ 152 million as a part of Bipartisan Infrastructure Law for bringing clean, and reliable drinking water for the communities across the West US. ?The projects were launched in Colorado, California, and Washington in area of 1.7-million-acre feet for the additional water storage capacity. The funding also made to advance water storage capacities in that area.??Such increase in the investment for water related infrastructure is driving the valves market in this region. The water treatment industry valves market growth in the US is driven by an urgent need to revamp the aging infrastructure of water networks across the country. According to the 2021 Aging Infrastructure Report by the American Society of Civil Engineers, the average age of water-network pipes is 45 years, with some exceeding a century. Notably, the Midwest and Southeast regions have experienced high rates of pipe breakage in recent years, contributing to substantial water loss from distribution networks. To tackle this challenge, President Biden has taken a decisive step by signing the Bipartisan Infrastructure Law, also known as the Infrastructure Investment and Jobs Act. This groundbreaking legislation will allocate over US$ 50 billion in investment over the next 5 years, marking the largest financial commitment in American history to enhance drinking water, wastewater, water reuse, conveyance, and water storage infrastructure. Notably, the funding includes dedicated resources for replacing lead service lines and addressing per- and polyfluoroalkyl substances (PFAS). The projected surge in water-pipe replacement rates is expected to reach 16,000-20,000 miles per year by 2035, i.e., four times the current annual replacement rate in 2021, which is likely to benefit the water treatment industry valves market. Valves are essential components that would play a pivotal role in controlling, regulating, and optimizing water flow within the updated infrastructure. With a focus on modernizing and securing water distribution networks, the valve market is well-positioned to benefit from this historic investment, ensuring more resilient and efficient water treatment systems across the nation.

North America Water Treatment Industry Valves Market Revenue and Forecast to 2030 (US$ Million)

North America Water Treatment Industry Valves Strategic Insights

Strategic insights for the North America Water Treatment Industry Valves provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Water Treatment Industry Valves Report Scope

North America Water Treatment Industry Valves Regional Insights

The geographic scope of the North America Water Treatment Industry Valves refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

North America Water Treatment Industry Valves Market Segmentation

The North America water treatment industry valves market is categorized into valves type, material type, and country.

Based on valve type, the North America water treatment industry valves market is segmented into ball valves, butterfly valves, diaphragm valves, safety valves, check valves, gate valves, and others. The ball valves segment held the largest market share in 2022.

In terms of material type, the North America water treatment industry valves market is segmented into steel alloys, stainless steel, cast iron, and others. The stainless-steel segment held the largest share of North America water treatment industry valves market in 2022.

By country, the North America water treatment industry valves market is bifurcated into the US and the Rest of the North America. The US dominated the North America water treatment industry valves market share in 2022.

Alfa Laval AB, Flowserve Corp, Spirax Sarco Engineering Plc, Velan Inc, KITZ Corp, Emerson Electric Co, American AVK Co, and DeZURIK Inc. are some of the leading companies operating in the North America water treatment industry valves market.