As the demand for industrialization is increasing in developing economies, so is the need for ball valves. This factor is estimated to drive the growth of Ball Valves Market. In the recent past, a concept known as Internet of Things (IoT) for customized products has emerged. This concept, making its way through the market has brought about an Industrial Revolution along with the concept of Industry 4.0. The emergence of IoT is likely to drive the Ball Valves Market. People are now more aware and concerned about their safety. This growing concern is one of the likely factors that may push the growth of Ball Valves Market. In the Middle East region, growing inclination towards the manufacturing industries may lead to growth in the Ball Valves Market. Trunnion mounted ball valves segment is expected to be the fastest growing segment and at a very high CAGR.