Valve World Americas February 2025 | Page 9

MARKET REPORT growth rates with a diverse economy and significant growth in the technology and services sectors .

Here is a selected list of countries with High GDP and population growth :
Asia and Africa . Since it impacts all of Africa , the 2035 numbers could be 20 % higher than the present effort . A similar impact on developing countries in Asia would boost the total Asia impact to 5 % larger by 2035 .
Country
GDP in Billions
The Impact of AI on the African and Asian Valve Markets
Population
AI ( Artificial Intelligence ) could have a disproportionately large impact on African and developing Asian valve markets . Here are present forecasts for valves including support through 2035 :
However , AI could have an even bigger impact on the developing countries in
GDP Growth Percentage
Population Growth Percentage
India 3,880.0 1,450,935,791 35.0 % 5.5 % Indonesia 1,470.0 283,487,931 25.0 % 5.0 % Thailand 548.9 71,668,011 20.0 % 1.0 % Philippines 471.5 115,843,670 20.0 % 7.5 % Vietnam 465.8 100,987,686 35.0 % 5.5 % Bangladesh 451.2 173,562,364 30.0 % 5.5 % Malaysia 445.5 35,557,673 25.0 % 7.0 % Pakistan 374.6 251,269,164 20.0 % 10.2 %
( USD $ millions )
2025 Valves & Parts
2025 Support
2035 Valves & Parts
McIlvaine forecasts through 2035 already take into account a big boost from AI and the incorporation of AROM ( Automation , Remote Operation , and Maintenance ). There is no doubt that developing Asia and Africa will be quick to embrace AROM , but we also believe that as what happened with land phones and credit cards , developing countries will leapfrog these advances and move straight to AROM .
We have also prepared an alternative forecast to take into account this phenomenon .
2035 Support
2035 Valves & Parts - AI Impact
2035 Support - AI Impact
Africa 3,559 1,878 8,723 3,694 10,468 4,433 Asia 42,726 23,065 94,215 45,372 98,926 47,641
This special boost for AROM and developing countries would have an impact of increasing valves and support by 25 % in 2035 . Since all of Africa is developing this results in a 20 % larger number in 2035 . In the case of Asia , we have a smaller percentage which is developing . We have included China as developing . Even though there is a 20 % impact on the developing Asian countries , there is only a 5 % impact on all of Asia .
In January of 2025 there was more AI development , which indicates that the amount of energy required for AI will be substantially less than anticipated . The result is that AROM may be embraced without the feared limitations on the lack of energy to operate the software . The U . S . owes its great progress to the highly educated workforce . With AROM , this asset may be effectively utilized in the developing countries .
AROM will generate reliable data on lowest total cost of ownership decisions . This will be the data used by the mix of local and international decision makers who will select the valves . Those with the results of performance monitoring in the exact application can most effectively leverage this intelligence to secure orders .
ABOUT THE AUTHOR
Robert McIlvaine founded the McIlvaine Company in 1974 and oversees the work of 30 analysts and researchers . He has a BA degree from Princeton University .
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