The Global Knife Gate Valves Market is valued approximately at USD 1.12 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 1.78% over the forecast period 2024-2032.

Demand from automotive OEMs was the primary growth driver, with a 42% increase in units and 78% increase in revenue over Q1 2024. For pick-and-place applications, the company said the UR15 delivers up ...