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Control Valve Market worth $13.99 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., June 9, 2026 /PRNewswire/ — According to MarketsandMarkets™, the control valve market is projected to reach USD 13.99 billion by 2032 from USD 10.81 billion in 2026, at a CAGR of 4.4%.

Browse 150 market data Tables and 70 Figures spread through 250 Pages and in-depth TOC on ” Control Valve Market – Global Forecast to 2032″

Control Valve Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 10.81 billion2032 Projected Market Size: USD 13.99 billionCAGR (2026–2032): 4.4%

Control Valve Market Trends & Insights:

The control valve market is expected to grow significantly as industries increase investments in industrial automation, process optimization, and infrastructure modernization across sectors such as oil & gas, energy & power, chemicals, and water & wastewater treatment. This growth is further driven by the rising demand for efficient flow control systems, stringent industrial safety regulations, and increasing focus on improving operational efficiency and energy management. Product innovations and strategic collaborations by key players such as Emerson, Flowserve, SLB, Valmet, and IMI plc, including the development of smart control valves and integration with IoT- and AI-based automation systems, are further reinforcing sustained market growth.By material, the stainless steel segment is expected to register the highest CAGR of ~42% during the forecast period.By component, the actuator segment is expected to record the highest CAGR of ~44% during the forecast period.By type, the rotary segment is expected to record the highest CAGR of ~64% during the forecast period.By valve size, >6–25″ segment is expected to register the highest CAGR of 44% during the forecast period.By end-use industry, the oil & gas segment is expected to dominate the market during the forecast period.By region, Asia Pacific is expected to dominate the control valve market with a share of ~38% in terms of value in 2026.

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The key factor propelling the growth of the control valve market is the strong growth due to increasing industrial automation and rising investments across industries such as oil & gas, energy & power, chemicals, and water & wastewater treatment. Industries are increasingly deploying advanced control valves to improve process efficiency, operational safety, pressure regulation, and flow management across production, storage, and transportation systems. Furthermore, the integration of smart technologies such as IoT-enabled monitoring, AI-driven diagnostics, predictive maintenance, and real-time automation systems is significantly enhancing operational reliability and reducing downtime. The growing demand for severe-service, cryogenic, and energy-efficient control valves, along with rising investments in LNG infrastructure, hydrogen projects, refinery modernization, and Industry 4.0 initiatives, continues to strengthen the growth of the global control valve market.

Based on type, rotary segment to register highest CAGR in control valve market during forecast period

Rotary control valves are projected to register the highest CAGR in the control valve market during the forecast period due to their compact design, high flow capacity, fast operation, and cost-effective performance. These valves are widely used across industries such as oil & gas, chemicals, energy & power, water & wastewater treatment, and food & beverages for efficient flow regulation and process automation applications. Their ability to provide reliable throttling performance, lower maintenance requirements, and compatibility with automated control systems makes them highly preferred in modern industrial operations. Increasing adoption of industrial automation, smart manufacturing technologies, and digital valve control systems is further accelerating the deployment of rotary control valves globally.

>6–25″ segment to account for largest share of control valve market, by valve size, throughout forecast period

The >6–25″ valve size segment is expected to account for the largest share of the control valve market throughout the forecast period due to its extensive use across large-scale industrial applications such as oil & gas, chemicals, water & wastewater treatment, and mining. Control valves within this size range are widely deployed in pipelines, processing plants, refineries, and utility infrastructure, where efficient handling of high flow volumes and pressure control is critical for operational performance. These valves offer a balance between flow capacity, reliability, and process control efficiency, enabling smooth industrial operations under demanding conditions. Increasing investments in industrial infrastructure, process automation, and energy projects are further strengthening the dominance of the >6–25″ valve size segment in the global control valve market.

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Asia Pacific to account for largest market share throughout forecast period

Asia Pacific is expected to account for the largest share of the control valve industry throughout the forecast period, driven by rapid industrialization, infrastructure development, and increasing adoption of industrial automation across major economies such as China, India, Japan, and South Korea. The region has a strong presence of oil & gas, chemicals, energy & power, water & wastewater treatment, which are significantly driving the demand for control valves. China alone accounts for a major share of the regional market due to large-scale industrial production, expanding refinery and power infrastructure, and increasing investments in smart manufacturing and process automation technologies.

From a qualitative perspective, strong government support for industrial modernization, energy infrastructure expansion, and manufacturing growth is accelerating market adoption across the region. Additionally, Asia Pacific hosts a large base of industrial equipment manufacturers, automation solution providers, and process industries, enabling cost-effective production and widespread deployment of control valves. Rapid expansion of water treatment projects, refinery upgrades, chemical processing facilities, and renewable energy infrastructure further increases demand for advanced flow control and automation solutions. As a result, the region combines high industrial demand with strong manufacturing capabilities, positioning it as the leading and fastest-growing market for control valves globally.

China is expected to account for the largest share of the Asia Pacific control valve market during the forecast period due to its strong focus on industrial automation, expanding manufacturing sector, large-scale infrastructure projects, and rapid investments in energy and process industries. High demand from sectors such as oil & gas, chemicals, energy & power, water & water treatment is driving market adoption in the country. Additionally, government initiatives supporting smart manufacturing, industrial digitalization, and infrastructure modernization, along with the presence of major domestic manufacturers, are contributing to sustained market growth in China.

Key Players

The control valve companies includes many major Tier I and II players. Emerson Electric Co. (US), Flowserve Corporation (US), SLB (US), KITZ Corporation (Japan), Valmet (Finland), IMI plc (UK), Crane Holdings Co. (US), Curtiss-Wright Corporation (US), SB SE & Co. KGaA (Germany), and Baker Hughes Company (US) are among a few key players.

These players have a strong market presence in control valve technologies across various countries in North America, Europe, Asia Pacific, and the Rest of the World (RoW).

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Nuix Expands Generative AI for Legal Review, Debuts AI Chat for Case Data

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SYDNEY, Sept. 6, 2026 /PRNewswire/ — Nuix announced the general availability (GA) of its Generative AI (Gen AI) capabilities in Nuix Discover SaaS on September 4. Bringing Document Summaries, Similar Documents, Semantic Search, Clustering and Visualizations to its legal review and eDiscovery solution. Continuing the innovation, and now in Early Adopter release, is Nuix Discover’s AI Chat – a conversational interface that lets reviewers, attorneys, and investigators interrogate their case data in natural language and receive synthesized answers drawn directly from document content; with citations to documents and every interaction logged for a complete, court-ready audit trail.

“AI Chat lets teams simply ask questions and get answers grounded in their case data; answers that are defensible and auditable. That’s the standard the legal profession demands, and it’s what sets Nuix apart,” said Ilona Meyer, Executive Vice President, Nuix Discover.

The Gen AI release for Nuix Discover includes:

Document Summaries: Every document receives a concise, plain-language summary as it is ingested, so reviewers can interpret long contracts, dense attachments, and lengthy email threads at-a-glance and orient to a matter faster.Similar Documents: automatically surfaces documents that are similar in meaning, based on the summary of the document being reviewed.Semantic Search: Locate responsive material by meaning, not just exact terms, surfacing relevant documents that use different phrasing and reducing the risk of missed documents.Clustering and Visualizations: Documents are grouped by meaning and mapped visually, giving the review team an early read on the composition of a collection, including key issues, hot topics, concentrations, outliers, and the relationships between clusters. Helping to inform review strategy, batching, and prioritization from day one.

“These Gen AI innovations change how review teams engage with case data,” said Ilona Meyer, EVP, Nuix Discover. “Document Summaries, Semantic Search, Similar Documents, and AI Clustering are built into both ECA and Review, so teams work faster at every stage. In ECA, they triage matters with far greater speed and accuracy than traditional approaches, giving teams the confidence to decide what to escalate for full review. Every insight is grounded in the source material, so the results are defensible.”

Together, these capabilities support the full matter lifecycle, from early triage ECA, through full review, on a single foundation of document understanding that is defensible and auditable.

AI Chat is available now as part of our Early Adopter (EA) program, with GA in December 2026. Gen AI capabilities including Document Summaries, Semantic Search, Similar Documents, AI Clustering and Visualizations, are GA for Nuix Discover SaaS, and will be available in Nuix Discover on-prem next quarter. Learn more https://www.nuix.com/solutions/nuix-discover

About Nuix Discover

Nuix Discover lets legal and investigative teams keep their data on-premises, in the cloud, or in a sovereign environment. Data sovereignty matters, and Nuix built Discover to support it. The platform runs on the Nuix Engine, which focuses on processing accuracy so professionals can trust their findings are complete and exhaustive. https://www.nuix.com/solutions/nuix-discover

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AICON Returns for Its Second Year, Championing “AI for Everyone”

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Singapore’s annual AI festival returns on 8 and 9 October 2026, bringing together government, industry, educators and innovators to advance AI literacy and fluency, innovation and collaboration.

SINGAPORE, Sept. 7, 2026 /PRNewswire/ — AICON 2026, Asia’s human-first AI festival, returns on 8 and 9 October 2026 at *SCAPE Singapore, 2 Orchard Link, Singapore 237978. Now in its second year and held under the theme “AI for Everyone”, the festival is supported by Tesla, NTUC’s Employment and Employability Institute (“e2i”), Singtel and *SCAPE, among other partners, and is held in support of the national Digital for Life movement. Tickets are on sale now at www.aicon.show.

The inaugural edition drew more than 5,000 attendees from over 10 countries. The second edition changes the format rather than the size of the room. Where 2025 centred on talks and showcases, 2026 is built around participation: visitors sit down at a screen, use the tools and leave with something they co-create with AI. Four pillars run through both days: Learn, Create, Connect and Play.

“AI is changing the way we work and live, but many people are still unsure where to begin. AICON was created to make AI more accessible, practical and relevant, helping people better understand what’s possible and giving them the confidence to apply it in ways that make a real difference in their work and everyday lives,” says Jayce Tham, Co-Founder of AICON and CEO of CreativesAtWork.

Programme

Day one opens on the main stage with “AI for Humanity: Technology, Commercialisation and Governance”, a forum on who AI is actually for. Sessions cover frontier technology, human cognition and education, the future of jobs and careers, corporate governance and responsible investment. Hands-on workshops run alongside it throughout the day, from vibe coding with Gemini to AI filmmaking with Singapore Polytechnic. Day one closes with Creator Jam Night at the Ground Theatre and the WonderClip x GenTube AI Film Festival award ceremony.

Day two, ‘AI for Everyone: Create, Play, Community’, shifts focus from big-picture concepts to hands-on action. Attendees will explore the practical potential of AI in their daily lives, with sessions covering everything from AI in education and business-building for SMEs, to the creator economy and future-gazing into next-generation tech. Throughout the day, visitors can experience live product demonstrations in the AI Demo Theatre and discover the projects born from the festival’s workshops. A youth strand runs through the day, including a session on what young people need to know about AI and an Ask Me Anything panel pairing three youth leaders with three AI experts.

The festival features a strong Korean contingent across both days. Marking their second year, Kentertech Hub returns to showcase the latest advancements in Korean content creation technology. The programme highlights a masterclass in AI filmmaking and the ‘K-Global × K-EnterTech Conference @ AICON’ panel discussion. Additionally, Singapore Polytechnic’s Jeffrey Xu, fresh from his grand prize victory at the ChungKang International AI Genre Film Festival, will present a dedicated session on the future of AI cinema.

At the centre of both days are hands-on sessions, including Singtel’s AI.dea Discovery Workshop, developed in collaboration with SIM Academy, and e2i’s Emerging Skills, Emerging Jobs Zone, a conversation-led learning space featuring interactive discussions, live demonstrations, and facilitated dialogues that help workers understand AI, experience AI firsthand, and explore its applications in their current roles and future careers. Running through both days is a thread on responsible AI, shaped with the Artificial Intelligence International Institute under its AI for Humanity framework and led by AICON co-founder Dr James Ong.

AI for Humanity Impact Forum @ AICON 2026

The Artificial Intelligence International Institute brings its AI for Humanity Impact Forum to AICON on 8 October, anchoring the festival’s main stage programme.

AIII is an independent think tank founded in 2017 by Dr James Ong, who is also a co-founder of AICON. It works on sustainable AI through research, policy, education and industry collaboration, and has taken the AI for Humanity agenda to the United Nations, ASEAN, Davos, SXSW and the World Artificial Intelligence Conference (WAIC). In July, AIII was the executive organiser of a WAIC forum in Shanghai on sustainable computing, co-organised with the UN Principles for Responsible Investment and opened by the UNDP Administrator. AIII has campaigned for AI for Humanity to be recognised as a United Nations Sustainable Development Goal.

Voices from AICON

“AI literacy is no longer optional, and it is not only a technologist’s concern. Parents, educators and business leaders all need to understand how these systems work, how to govern them and how to manage their risks,” says Dr James Ong, Co-Founder of AICON, Founder of the Artificial Intelligence International Institute and co-author of AI for Humanity. “That is the foundation of AI for Humanity, and it is why AICON exists.”

“Most people’s first reaction to AI is still anxiety, and you cannot lecture anyone out of that,” says Jaze Phua, Co-Founder of AICON and Dear.AI, and CEO of Virality Group. “You hand them a tool, they make something in ten minutes, and the fear turns into curiosity. That is the whole festival in one sentence.”

Partners

AICON 2026 is in support of the national Digital for Life movement, together with partners like e2i, Singtel, Design Singapore, ASUS, Alibaba, *SCAPE, Action Community for Entrepreneurship, Tesla, Kentertech Hub and the Artificial Intelligence International Institute, alongside a growing network of community and ecosystem partners. Institutes of higher learning taking part include Singapore Polytechnic, Temasek Polytechnic and Ngee Ann Polytechnic. Further partners will be announced.

Tickets & Access

Tickets are on sale now at www.aicon.show.

General Admission, 2-day pass: SGD $48VIP, 2-day pass: SGD $98, with access to keynote sessions, workshops and talks

Workshop places are limited and allocated on a first-come basis. A festival ticket is required, and each workshop must be registered separately at www.aicon.show.

Early-bird pricing runs until 30 September 2026.

This programme is hosted on Discover, a youth platform by the National Youth Council. View the event listing at https://discover.nyc.gov.sg/events/aicon-2026-the-ai-for-everyone-festival-caw-2026-0067

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SOURCE CreativesAtWork

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Sungrow and UNSW Launch AI-Enabled Community Energy Project in NSW Southern Highlands

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BOWRAL, Australia, Sept. 7, 2026 /PRNewswire/ — Sungrow, a globally leading PV inverter and energy storage system provider, has joined UNSW Sydney, JT Solar Technology, trading as Aussie Hybrid Solar to launch an AI-enabled community energy project at the Gibraltar Bowral in the Southern Highlands. The project  demonstrates how solar generation, battery storage and intelligent energy management can work together to improve energy resilience, maximise renewable energy use and reduce reliance on the grid.

A Smarter, Community‑Centric Approach to Energy

For commercial sites such as hotels and event venues, energy demand can fluctuate significantly throughout the day, while rising electricity costs and the need for reliable power make efficient energy management increasingly important.

The community-based virtual power plant (VPP) project addresses these challenges by integrating solar generation, battery storage and intelligent energy management. Rather than simply generating and storing energy, the system determines how and when energy should be used, stored or discharged based on solar availability, site demand, electricity prices, grid requirements and battery health.

At the heart of the system are Sungrow’s ST200CF PowerKeeper battery energy storage system, deployed across four PK stacks, and the SH110CX hybrid inverter, installed by Aussie Hybrid Solar. These assets are coordinated through UNSW’s AI Energy Management System (AI EMS).

“The value of a system like this goes beyond payback. It needs to be safe, reliable and intelligent enough to respond to changing energy needs. That requires close collaboration between engineering and commercial teams.” said Richard Chen, Business Development Manager of Sungrow.

PowerKeeper Enhancing Energy Resilience at The Gibraltar Bowral

As a premium hotel and event venue, The Gibraltar Bowral has diverse and often variable energy needs, making reliable power essential to both guest services and event operations.

Modular DC-coupled architecture. The stackable design enables flexible capacity expansion to accommodate variable site loads. It simplifies retrofits by avoiding complex transformer upgrades and grid approvals, achieving plug-and-play compatibility with existing PV systems and SH110CX hybrid inverters.Hospitality-optimized deployment. With a compact design, flexible installation options and comprehensive safety certifications, PowerKeeper can fit easily into hospitality sites where space is limited and appearance matters, while meeting all relevant safety and regulatory requirements.Ultra-reliable performance. Validated through extreme environment tests and equipped with real-time battery health tracking, the system delivers stable long-term operation and full-site backup power to prevent venue downtime.AI and VPP-ready intelligence. It serves as core hardware for AI energy scheduling and VPP dispatch, enabling autonomous charge-discharge optimization based on solar output, site load, electricity prices and grid conditions to boost renewable self-consumption and energy resilience.

By integrating PowerKeeper into the VPP model, the project demonstrates how advanced storage solutions can serve both commercial reliability needs and broader community energy goals.

Collaboration Driving Innovation

“Sungrow has provided strong technical data and support. Their team independently verified our calculations, which gave us greater confidence when sizing the system and demonstrating the potential savings to the client. That level of technical collaboration has been fantastic.” said Steve Doyle, co-owner of JT Solar and Voltval.

By bringing together solar, storage and AI-driven energy management, the project demonstrates a practical pathway towards a more flexible, resilient and renewable-powered  future.

About JT Solar Technology

With more than 17 years of industry experience, JT Solar Technology brings long-standing expertise in solar installation, engineering, project delivery and after-sales support. Operating under the commercial trading name Aussie Hybrid Solar, the Sydney-based energy company has been helping Australian customers install solar power systems, reduce energy bills and contribute to a cleaner, more sustainable energy future. For more information, visit https://jtsolar.com.au/

CONTACT:
luly.wang@sungrow-hq.com 
+86-15618330862

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