Market Share of Hybrid Valve Industry
The hybrid valve market is fragmented with numerous players, including Emerson Electric Company, Flowserve Corporation, Carter Process Control GmbH, IMI PLC, and CIRCOR International, Inc., among others. The market has been continually experiencing new product launches, mergers & acquisitions, and partnerships.
In May 2022, Emerson introduced the TopWorxTM DX PST with HART 7. The units provided valuable valve data and diagnostic information, enabling the digital transformation of process applications. The new DX PST integrated seamlessly with existing valves and control systems, giving operators access to critical valve data, trends, and diagnostics used to predict and schedule maintenance.
Hybrid Valve Market Leaders
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Emerson Electric Company
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Flowserve Corporation
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IMI plc
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CIRCOR International, Inc.
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Carter Process Control GmbH
*Disclaimer: Major Players sorted in no particular order