Industry Data & Market Research

2023 U.S. Industry Statistics & Market Forecast - Industrial Valve Manufacturing

Market Size & Industry Statistics

The total U.S. industry market size for Industrial Valve Manufacturing: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Industrial Valve Manufacturing market size 2023
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2017        2018        2019        2020        2021        2022
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2023 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The industrial valve manufacturing industry has been impacted by several key trends that have emerged over the years. One of the most significant trends has been the increasing demand for reliable, cost-effective, and energy-efficient valves for a range of applications. As such, industry players are focusing on developing innovative materials, designs, and technologies to meet this demand.

Another trend has been the growing adoption of advanced automation and control systems that use valves to regulate various processes. These systems are crucial for industries such as chemical processing, oil and gas, and power generation and have resulted in the development of more complex valves that can withstand harsh environments.

The industry is also experiencing a shift towards eco-friendliness, and many companies are investing in the development of green valve technology that can reduce waste, energy consumption, and overall environmental impact.

The emergence of IoT, predictive analytics, and digitalization has also significantly impacted the industry, with companies seeking ways to improve valve performance, reduce maintenance costs and enhance overall efficiency. Furthermore, the increasing emphasis on safety and compliance regulations, particularly in the oil and gas industry, has led to the development of more robust and reliable valves.

Finally, the industry faces challenges such as increased competition, supply chain disruptions, and rising material costs. Companies, therefore, need to focus on innovation, agility, and cost optimization strategies to remain competitive and relevant in the ever-evolving industrial valve manufacturing industry.

Product & Services Breakdown

Research products and services in the Industrial Valve Manufacturing industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description Sales ($ millions) Percent of Total Sales

Industry Total

Industrial Valve Manufacturing

Gates, Globes, Angles, Straightway (Y-Type) Check, Stop And Check, Cross, 3- And 4-Way.

Industrial Ball Valves (All Metals, Pressures, And Types), Including Manual And Power-Operated, On-Off Valves

Industrial Butterfly Valves (All Metals, Pressures, And Types), Including Manual And Power-Operated, On-Off Valves

All Other Miscellaneous Industrial Valves

Automatic Regulating And Control Valves And Parts (Excluding Nuclear), Power-Operated, Designed For Modulating (Throttling) Serv

Industrial Valve Manufacturing, Not Categorized, Total

Other Metal Valve And Pipe Fitting Manufacturing

Plumbing And Heating Valves And Specialties, Excluding Plumbers' Brass Goods

Metal Fittings, Flanges, And Unions For Piping Systems

Pump And Pumping Equipment Manufacturing

Industrial Pumps, Including Value Of Drivers (Excluding Hydraulic Fluid Power Pumps, Automotive Circulating Pumps, And Measuring

Process Control Instruments

Instruments And Related Products Manufacturing For Measuring, Displaying, And Controlling Industrial Process Variables

Other Secondary Products

Total Miscellaneous Receipts

Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Industrial Valve Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Industrial Valve Manufacturing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Industrial Valve Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 6%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 9%
Production Occupations 59%
Assemblers and Fabricators 11%
Miscellaneous Assemblers and Fabricators 8%
Metal Workers and Plastic Workers 29%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 7%
Machinists 8%
Machinists 8%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 8%
Other Production Occupations 14%
Computer Numerically Controlled Tool Operators and Programmers 5%
Transportation and Material Moving Occupations 6%
Source: Bureau of Labor Statistics

Industrial Valve Manufacturing Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Industrial Valve Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Industrial Valve Manufacturing industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Industrial Valve Manufacturing industry.

Government Contracts

In 2022, the federal government spent a total of $191,226,423 on Industrial Valve Manufacturing. It has awarded 10128 contracts to 753 companies, with an average value of $253,953 per company.   

Most Recent Contracts Date Total Award Amount
4900 Bainbridge Blvd
Chesapeake, VA
Jun 29, 2023$214,100