Valves Industry Review - 2022
Industry Profile
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$13.5B
In global revenue
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256
Firms in USA
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6.3%
Increase in CAGR
Industry Trends
Automation: There has been an increased focus on automation in the valve industry, with the development of valves that can be controlled remotely or by automated systems.
Advanced materials: The use of advanced materials, such as titanium and exotic alloys, has become more common in valve design and manufacturing.
Smart valves: The development of smart valves, which are equipped with sensors and other technology that allow them to be monitored and controlled remotely, has been a trend in the industry.
Miniaturization: There has been a trend towards the miniaturization of valves, with the development of smaller and more specialized valves for specific applications.
Specialized valves: There has been an increase in the development of specialized valves for specific applications and industries, such as the oil and gas industry.
M&A Highlights
— Mar-22: Crane announced its intention to separate into two independent publicly traded companies. Crane Co will house its flow control assets (Process Flow Technologies) together with its Aerospace & Electronics business whilst Crane NXT will comprise its Payment & Merchandising Technologies business
— Mar-22: IDEX acquired KZValve, a US manufacturer of electric valves and controllers primarily serving the agriculture market
— Mar-22: Circor announced it was reviewing its strategic alternatives including a possible sale of some or all of the business
— Mar-22: LPW Group, a Wynnchurch Capital portfolio company, acquired El Mar Ventures and Advanced Industrial Technologies, providers of speciality valves, pneumatic actuators and gears for a variety of process and energy markets
— Mar-22: Business Growth Fund acquired Evolution Aqua, a UK based manufacturer and supplier of water filtration products for GBP 12m
......(can add more)
