The ball valves market is forecasted to grow from USD 8.1 billion in 2020 to USD 14.7 billion by 2025, with a CAGR of 12.5%, driven by demand from the oil & gas, healthcare, and energy industries. Key factors include the need for valve replacements, adoption of smart valves, and industrialization trends. North America is expected to dominate the market, with trunnion-mounted ball valves leading in type.