MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Control Valves - Electric
Overview
Market size
$4,200
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$5568
What changed
Demand by region
Asia Pacific demand40%
North America demand25%
Europe demand20%
Middle East & Africa demand10%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw Metals and Castings35%
Electronic and Mechatronic Components25%
Direct and Indirect Manufacturing Labor20%
Logistics and Specialized Packaging10%
Energy and Plant Overhead10%
share of delivered cost (analyst estimate)