Keywords: flow control, valves
TechNavio’s analysts forecast the Global Industrial Valves and Actuators market to grow at a CAGR of 5.86 percent over the period 2012-2016. The increasing demand for flow control equipment is one of the key factors contributing to its market growth. The Global Industrial Valves and Actuator market has also been witnessing the increasing adoption of automatic valves. However, increasing competition among vendors could pose a challenge to the growth of this market.