MRO Components, Consumables & Tooling · Indirect
Monitoring · monthly
Procurement 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)

Supplier watchlist

6 tracked