What is the market size of industrial valve accessories?
Date: 2025-10-09 Click: 73
According to a report by Boyan Consulting, the overall market size of China's valve accessories industry will reach approximately RMB 18.6 billion in 2024, a year-on-year increase of approximately 7.2% compared to 2023. The industry is expected to maintain steady growth in 2025, reaching RMB 20.1 billion, an increase of approximately 8.1% year-on-year.
In terms of market segments, the market size of China's intelligent control valve positioners was approximately US$87 million in 2024 and is expected to reach US$91 million in 2025, with a compound annual growth rate of 4.6%. The market size of digital valve positioners in China reached RMB 2.941 billion in 2024. The market size of valve accessories such as limit switches, solenoid valves, and filter-pressure reducing valves was approximately RMB 1.28 billion and is expected to reach RMB 1.42 billion in 2025, with an average annual growth rate of approximately 11%.
