The global industrial valve market is expected to record a CAGR of over 4% over the forecast period. The main factor driving the research market is the increasing demand in the power and chemical industries. The stagnant industrial growth in developed countries is expected to hinder the growth of the research market. The oil and gas industry has dominated the market and is expected to experience growth over the forecast period as oil and gas activity grows globally. The increasing demand for automatic valves will serve as opportunities for the future. Asia Pacific dominated the world’s most consuming markets in countries such as China and India.
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Conversational AI Market Segments
By Technology
• Machine Learning and Deep Learning
• Automated Speech Recognition
• Natural Language Processing
By Deployment Type
• on-premises
• cloud
By Vertical
• solutions
• services
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• We cover more than 15 major industries, further segmented into more than 90 sectors.
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Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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