ESD Valve Market Valuation to Reach US$ 581.9 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
Emerson Electric Company (EMR)
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Source: Yahoo! Finance
The total valuation of these valves within the nation is expected to escalate to US$ 135.2 million by the year 2034. NEWARK, Del, April 18, 2024 (GLOBE NEWSWIRE) -- The global ESD valve market is estimated to be valued at US$ 315.9 million in 2024 and US$ 581.9 million by 2034. The global ESD valve sales are anticipated to surge at a CAGR of throughout the assessment period. Ball valves are expected to remain a highly sought-after product in the market. This is due to their advantages, like versatility and cost-effectiveness. The target segment is anticipated to grow at 4.8% CAGR through 2034. The growth of the ESD valve industry is expected to be propelled by several factors. These include increasing emphasis on improving industrial safety and the expansion of energy and chemical sectors. Similarly, the implementation of stringent safety regulations will likely foster market growth. Amid rising industrial accidents, there is a growing focus on safety in industries like chemic
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EMR
Earnings
- 2/7/24 - Beat
EMR
Sec Filings
- 3/21/24 - Form 11-K
- 3/21/24 - Form 11-K
- 3/5/24 - Form 4
- EMR's page on the SEC website