Tools commonly used in the Valves (Manufacturing) industry for day-to-day tasks and operations.

• Lathe
• Milling machine
• Drill press
• Grinding machine
• Welding equipment
• Cutting tools (e.g. saws, shears, plasma cutters)
• Bending machine
• Forming machine
• Testing equipment (e.g. pressure testers, leak detectors)
• Assembly tools (e.g. torque wrenches, screwdrivers)

Common products and services typical of NAICS Code 332919-07, illustrating the main business activities and contributions to the market.

• Ball valves
• Gate valves
• Globe valves
• Check valves
• Butterfly valves
• Diaphragm valves
• Pressure relief valves
• Control valves
• Solenoid valves
• Plug valves

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• American Petroleum Institute (API) Monogram Program: This program certifies that valves meet API standards and are suitable for use in the oil and gas industry. The API provides a list of certified manufacturers on their website.
• National Board Inspection Code (NBIC): This code provides guidelines for the installation, inspection, and repair of boilers, pressure vessels, and other pressure-retaining items. Valves used in these applications must meet NBIC standards.
• American Society Of Mechanical Engineers (ASME) Boiler and Pressure Vessel Code: This code sets safety standards for the design, fabrication, and inspection of boilers and pressure vessels. Valves used in these applications must meet ASME standards.
• Underwriters Laboratories (UL) Certification: UL provides certification for valves that meet safety and performance standards. This certification is often required for valves used in fire protection systems.
• Occupational Safety and Health Administration (OSHA) Regulations: OSHA sets safety standards for workplaces in the United States. Valves used in industrial settings must meet OSHA regulations for safety.

A concise historical narrative of NAICS Code 332919-07 covering global milestones and recent developments within the United States.

• The valves manufacturing industry has a long history dating back to ancient times when the Greeks and Romans used valves to control water flow. The first modern valve was invented in the 19th century by James Watt, which was used to control steam engines. In the early 20th century, the industry saw significant growth due to the increasing demand for valves in the oil and gas industry. During World War II, the industry experienced a boom as valves were used in military equipment. In recent years, the industry has seen advancements in technology, such as the development of smart valves that can be remotely controlled and monitored. In the United States, the valves manufacturing industry has a rich history dating back to the 19th century. The industry saw significant growth during the industrial revolution, as valves were used in steam engines and other machinery. In the mid-20th century, the industry experienced a boom due to the increasing demand for valves in the oil and gas industry. In recent years, the industry has faced challenges due to increased competition from foreign manufacturers and the decline in the oil and gas industry. However, the industry has also seen advancements in technology, such as the development of 3D printing and automation, which have helped to improve efficiency and reduce costs.

The anticipated future trajectory of the NAICS 332919-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Valves (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for valves in various end-use industries such as oil and gas, water and wastewater treatment, and chemical processing. The growth in these industries is expected to drive the demand for valves, which in turn will boost the growth of the Valves (Manufacturing) industry. Additionally, the increasing focus on energy efficiency and sustainability is expected to drive the demand for advanced valves that can help in reducing energy consumption and emissions. The industry is also expected to benefit from the increasing adoption of automation and digitalization in the manufacturing process, which can help in improving efficiency and reducing costs.

Recent groundbreaking advancements and milestones in the Valves (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Smart Valves: Smart valves are equipped with sensors and other advanced technologies that can help in monitoring and controlling the flow of fluids. These valves can provide real-time data on the performance of the valve, which can help in improving efficiency and reducing downtime.
• 3D Printing: 3D printing is being increasingly used in the manufacturing of valves as it can help in reducing lead times and costs. 3D printing can also enable the production of complex valve designs that are difficult to manufacture using traditional methods.
• Advanced Materials: The use of advanced materials such as ceramics and composites is becoming more common in the manufacturing of valves. These materials offer superior performance and durability compared to traditional materials such as metal.
• Internet Of Things (Iot): The integration of IoT technologies in valves can help in improving efficiency and reducing maintenance costs. IoT-enabled valves can provide real-time data on the performance of the valve, which can help in predicting maintenance needs and reducing downtime.
• Digital Twins: Digital twins are virtual replicas of physical assets such as valves. They can be used to simulate the performance of the valve under different conditions, which can help in optimizing the design and improving efficiency.