How can I become a respected and valued member of the team, if all the other members are older than me and have more experience?

first, respect the older members of staff, show them appreciation, to bond, learn from them, share experience, and combined with the strength of the young, it will all blend in as perfect mix for the best of the company, leading to young employers' recognition

Your attitude towards the job and your commitment to give100% will automatically do the magic you expect.

As my personal experience Let me give you some tips.

1st of all respect them in any condition.

2. If they are wrong don't tell them directly that they are wrong.

3.offer them tea or coffee when you are going to take it.

4.if they ask for help , help them.

5.spent your time with them in workplace.

6.If you know something and they are teaching you that thing let them teach don't be angry or ignorant.

7.Share your professional experience with them and ask them to share with you their work experience.

much more things like above. 

agree with  Omer Mohammad Awais

Just focus on the assigned work and put your100% efforts to complete it. Also try to learn from your other experienced team members.

I agree with the experts answers. Thank you.

I think the answer is learn from them, and enjoy. They will also learn from you for sure, if they are smart.

First of all focus on your work and deliver your milestones timely and participate in team work effectively. Then try to become team player.

Age is not at all relevant but to earn respect of co-workers one has to earn respect for self first,carry out duties as expected without slacking where necessary apply your knowledge and skills excellently and they will realize that you are an assert to the firm hence respect is inevitable

if I will be on your place, I first give respect to the decision make by your older cauligues and let them execute first and show where they took wrong step.... it is important that you must choose polite and meaning ful words while explaining them their wrong steps so they can hear you and also they will surely ask you the better steps then you will have a good chance to show your self.....

By being patient, listening and vibrant in suggesting factual opinions humbly.