Global Proportional Valve Market By Type (Electric Proportional Valves, Miniature Proportional Valves, and Hydraulic Proportional Valves), By Application (Test and Measurement Systems, Medical Equipment, and Industrial Automation), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

The Global Proportional Valve market is projected to reach USD 287.5 Mn by 2032 from USD 179.6 Mn in 2022 and is projected to increase significantly at a CAGR of 4.8% from 2022 to 2032.

The report on Proportional Valve Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global proportional valve market is segmented on the basis of type, application, and geography.

Proportional Valve Market Scope:

The proportional valve market is growing due to rising demand for test and measurement systems, industrial automation, and medical equipment worldwide. Additionally, the growing interest in miniaturized valves is further driving market growth.

Medical equipment was a key application segment with a substantial market share in 2019, driven by rising global healthcare spending and technological advancements that have enhanced proportional valve production capabilities for various medical equipment makers. The use of advanced technologies, such as micro-electronics components, sensors, hydraulic and pneumatic systems, and electronics control panels, has contributed to this growth in recent years.

By type, the market is segmented into Electric Proportional Valves, Miniature Proportional Valves, and Hydraulic Proportional Valves. By application, the market is divided into Test and Measurement Systems, Medical Equipment, and Industrial Automation.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Major players profiled in the report include Parker, HYDAC, OMEGA Engineering, Duplomatic, Bosch Rexroth, Danfoss, Danfoss, Humphrey, Sun Hydraulics, Comatrol, Atos, argo-hytos, Bucher Hydraulics, ASCO, Moog, TOKYO KEIKI, Wandfluh, Moretto SPA, YANN BANG, and Aidro.

Key Market Segments

Type

• Electric Proportional Valves
• Miniature Proportional Valves
• Hydraulic Proportional Valves

Application

• Test and Measurement Systems
• Medical Equipment
• Industrial Automation

Regional Analysis:

The Asia Pacific region is expected to see the fastest growth, with a 5.5% CAGR from 2022 to 2032, driven by increasing demand for PVs in industrial automation and HVAC in emerging economies such as China, India, and Japan, as well as rising disposable income and government initiatives for residential PV installations.

Meanwhile, North America had over 25% revenue share in 2019 due to high product demand from the test & measurement industry, including from valve aging, and advancements in technology. The region is projected to experience significant growth during the forecast period.

Key Market Players included in the report:

• Parker
• HYDAC
• OMEGA Engineering
• Duplomatic
• Bosch Rexroth
• Danfoss
• Danfoss
• Humphrey
• Sun Hydraulics
• Comatrol
• Atos
• argo-hytos
• Bucher Hydraulics
• ASCO
• Moog
• TOKYO KEIKI
• Wandfluh
• Moretto SPA
• YANN BANG
• Aidro

Reasons to Get this Report:

In an insight outlook, this research report has dedicated to several quantities of analysis – industry research (global industry trends) and Proportional Valve Market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of Proportional Valve Market; high-growth regions; and market drivers, restraints, and also market chances.

The analysis covers Proportional Valve Market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global Proportional Valve Market across sections such as also application and representatives.

Additionally, the analysis also has a comprehensive review of the crucial players on the Proportional Valve Market together side their company profiles, SWOT analysis, latest advancements, and business plans.

For the Proportional Valve Market research study, the following years have been considered to estimate the market size: