World markets automation control valve (valves, pumps) in 2002 was $ 10 billion, in 2008 will reach 23 billion U.S. dollars. As "Smart" valve appeared valve performance has improved. Currently manufacturers are committed to each valve electronic valve control technology (valves, pumps) and information technology software. Power Station is the second largest market in the valve, especially a gas turbine. Single cycle gas turbine combined cycle gas turbine than the number of valves needed more, and the amount of the gas valve unit is four times the combined gas turbine.
World markets intelligent automation control valve positioner smart actuators and control valves will be the entire market, the fastest growing segment, all the valve manufacturer are committed to the valve electronic control technology and information technology software.
Valve's market share has changed for the event Flow Serve the recent mergers and Invensys Flow Control . Tyco still the first one, is 6%; Flow Serve rose to second place, 4%; Emerson third place is 3%. European industrial valves and actuators in sales in 2002 was $ 3.53 billion, up $ 4.1 billion in 2008. Consolidated annual growth rate of 2.2%.