| Product Code: ETC4584500 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Hungary control valve market, the import trend exhibited a growth rate of 2.09% from 2023 to 2024, with a compound annual growth rate (CAGR) of 4.6% from 2020 to 2024. This growth can be attributed to increased demand for advanced control technologies in industries like manufacturing and energy, driving steady import momentum in the market.
The control valve market in Hungary is witnessing steady growth driven by expanding industrial sectors such as manufacturing, energy, and water treatment. Control valves play a crucial role in regulating fluid flow and pressure in various processes, thus optimizing operational efficiency and ensuring smooth operations. With the adoption of advanced automation and control systems, the demand for sophisticated control valves with advanced features such as remote monitoring and control is expected to increase further in the coming years.
The control valve market in Hungary is experiencing growth due to the expanding industrial sector, particularly in manufacturing, oil and gas, and chemical industries. The adoption of automation technologies and the need for precise control over processes to improve operational efficiency are driving the demand for control valves. Additionally, increasing investments in infrastructure projects and the modernization of existing industrial facilities are contributing to market growth.
In Hungary, the control valve market faces challenges related to the integration of control valves with existing infrastructure and systems. Compatibility issues and the need for retrofitting can hinder adoption, particularly in industries with older facilities. Additionally, ensuring accurate and reliable valve performance in harsh operating conditions, such as high temperatures or corrosive environments, presents ongoing challenges for manufacturers.
The control valve market in Hungary is experiencing steady growth, propelled by ongoing industrial developments and infrastructural projects across sectors such as oil and gas, water and wastewater treatment, and manufacturing. Government policies focusing on improving efficiency, reducing energy consumption, and ensuring environmental sustainability have spurred investments in advanced control valve solutions. Furthermore, initiatives aimed at modernizing industrial processes and enhancing operational safety have contributed to the expansion of the control valve market, with a particular emphasis on digitalization and automation to optimize performance and maximize productivity.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Control Valve Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Control Valve Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Control Valve Market - Industry Life Cycle |
3.4 Hungary Control Valve Market - Porter's Five Forces |
3.5 Hungary Control Valve Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Hungary Control Valve Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Hungary Control Valve Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Hungary Control Valve Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial automation and adoption of advanced technologies in Hungary |
4.2.2 Growing demand for energy-efficient control valves in various industries |
4.2.3 Favorable government regulations promoting the use of control valves for process optimization |
4.3 Market Restraints |
4.3.1 High initial investment required for installing control valve systems |
4.3.2 Lack of skilled professionals for the maintenance and operation of control valves in Hungary |
5 Hungary Control Valve Market Trends |
6 Hungary Control Valve Market, By Types |
6.1 Hungary Control Valve Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Hungary Control Valve Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Hungary Control Valve Market Revenues & Volume, By Actuators, 2021-2031F |
6.1.4 Hungary Control Valve Market Revenues & Volume, By Valve Body, 2021-2031F |
6.2 Hungary Control Valve Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Hungary Control Valve Market Revenues & Volume, By Rotary , 2021-2031F |
6.2.3 Hungary Control Valve Market Revenues & Volume, By Linear, 2021-2031F |
6.3 Hungary Control Valve Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Hungary Control Valve Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Hungary Control Valve Market Revenues & Volume, By Water & Wastewater Treatment, 2021-2031F |
6.3.4 Hungary Control Valve Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.5 Hungary Control Valve Market Revenues & Volume, By Chemicals, 2021-2031F |
7 Hungary Control Valve Market Import-Export Trade Statistics |
7.1 Hungary Control Valve Market Export to Major Countries |
7.2 Hungary Control Valve Market Imports from Major Countries |
8 Hungary Control Valve Market Key Performance Indicators |
8.1 Energy savings achieved through the use of control valves |
8.2 Number of new industrial automation projects incorporating control valves |
8.3 Percentage increase in the adoption of smart control valves |
8.4 Number of training programs and certifications provided for control valve operation and maintenance |
8.5 Rate of compliance with government regulations related to control valve usage and efficiency |
9 Hungary Control Valve Market - Opportunity Assessment |
9.1 Hungary Control Valve Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Hungary Control Valve Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Hungary Control Valve Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Hungary Control Valve Market - Competitive Landscape |
10.1 Hungary Control Valve Market Revenue Share, By Companies, 2024 |
10.2 Hungary Control Valve Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |