Market Share of APAC Valves Industry
The Asia-Pacific valve market is significantly competitive. Key market players such as Emerson Electric Co, The Weir Group PLC, Flowserve Corporation, Schlumberger Limited, Spirax-Sarco Engineering plc, IMI PLC, Crane Co, and many others are constantly upgrading their product portfolios and undertaking various organic and inorganic strategies such as mergers, partnerships, new product launches, collaborations, and acquisitions.
- May 2022 - Emerson announced that its Aventics Series Advanced Valve (AV) valve system with AES Profinet and Ethernet/IP is the first and only valve system with preinstalled Open Platform Communications Unified Architecture (OPC UA) functionality. The AES enables users to overcome interoperability challenges and gain easier access to data while integrating the digital twin can boost productivity and efficiency.
- June 2021 - Neles Corporation has announced the release of a new line of versatile butterfly valves with Neldisc metal seats and Wafer-Sphere soft seats for superior performance with a low environmental footprint.
APAC Valves Market Leaders
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Schlumberger Limited
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The Weir Group plc
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Emerson Electric Co.
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Flowserve Corporation
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KITZ Corporation
*Disclaimer: Major Players sorted in no particular order
