How big is the valve business? Bigger than you might think. According to the Valve Manufacturers' Association (VMA), the U.S. industrial valve industry logs sales of approximately $2.7B. Biggest markets include the petrochemical, chemical, construction, and petroleum industries. Though the industry is big, VMA classifies most valve manufacturers as small to medium size businesses. Collectively, they employ 20,000 people in both manufacturing and support functions.
In a move that strengthens its 3D design business, Stratasys continued a 15-month buying spree this week by announcing its plan to acquire GrabCAD, a provider of a cloud-based collaboration environment for engineers.
Many diverse markets take advantage of semiconductor IP; so many that no one can recite the entire list without leaving off several. So why do we track all the vertical markets? They all have a unique set of requirements and value attributes differently. One major vertical market segment is automotive.
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