The Estonian market for valves in pneumatic power transmission showed fluctuations from 2013 to 2023, achieving a steady market size of approximately 2.11 million Euros in 2023. The initial years from 2013 to 2015 experienced significant growth, peaking in 2015, followed by a volatile period with alternating years of decline and mild growth. From 2019 onwards, the market began to stabilize, witnessing slight year-on-year growth, culminating in a negative 5-year CAGR by 2023.
Future trends to watch for include advancements in automation, which could drive demand for more efficient valve solutions. Additionally, heightened activities in manufacturing sectors, coupled with sustainability initiatives, might shape market dynamics significantly.
