2019 IoT Enable Industrial Valves Market | By Leading Players: Metso, Emerson, Pentair, Cameron-Schlumberger , Weir,Flowserve

The IoT Enable Industrial Valves Market research report includes the global IoT Enable Industrial Valves market by top players/brands, region, type and end user. This report also studies the global IoT Enable Industrial Valves market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

“Industrial valves are used in nearly all industry verticals. Key end use industries of valves are oil & gas, water & wastewater, energy & power, chemicals, pharmaceuticals, food & beverages, healthcare, pulp & paper, mining and building & construction. Generally, valves are used in these industry verticals to monitor and regulate media flow passing through various processes. As these media are backbone of above mentioned industry verticals, valve plays an important role to utilize these medias optimally. Integration of IoT in valves industry could be beneficial to implement predictive maintenance in mainstream operations of these end use industry verticals. Maintenance, Repair and Overhaul (MRO) operations of industrial plants could also use IoT enabled valves to minimise their operation expenditure (OPEX). IoT enabled valves will also help industry players to minimise their plant downtime by 24X7 valve monitoring.”

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Company Profiles In This Study:
Metso
Emerson
Pentair
Cameron-Schlumberger
Weir
Flowserve

This report studies the global market size of IoT Enable Industrial Valves in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of IoT Enable Industrial Valves in these regions.

In adoption of IoT enabled valves reliability factor of end use industry players is extremely crucial factor. At present, oil & gas, mining and energy & power end use industry vertical players are reluctant to use IoT enabled valves, due to chances of data theft and fraudulent handling of key processes of plant. Increasing incidences of cyber thefts is posing strong hurdle for IoT enabled valves to prove their usability in mainstream operations. However, increasing focus of key industry players like Metso and Emerson on strengthening cyber gateways will help this market to grow in upcoming years.

Adoption of IoT enabled valves will change the dynamics of industrial valve market. This industry is product driven from its inception. Contribution of service offerings in industrial valve market is expected to increase after penetration of IoT enabled valves. Services like monitoring, data analysis and wireless infrastructure maintenance and deployment will disrupt industrial valve market in next 5 years. Amalgamation of valve industry players and IoT service providers will be an interesting trend to analyse in this market space after 2022.

North America will be early adopter of IoT enabled valves. Strong foothold of chemicals, oil & gas, energy & power, pharmaceuticals and mining end use industry vertical will help this region to dominate this market space for next 4 years. However, after 2022 APAC will surpass North America in this market owing to huge production capacities of China and India for crucial markets like pharmaceuticals, mining and chemicals. Middle East will most important region to promote IoT enabled valves in oil & gas industry. Key players like Saudi Aramco and Qatar Petroleum will play crucial role in driving the adoption of IoT enabled valves in oil & gas industry.

Table of Content:
1. Introduction
a. Objectives of the study
b. Market definition
c. Research scope
i. Detailed segmentation
ii. Base year, historic year, forecast year
d. Audience of the study
e. Limitations
2. Research methodology
a. Secondary sources
b. Primary sources
i. Primary respondent breakdown
ii. Key opinion leader thoughts
iii. Cover Story – Primary Interview Transcript
c. Market number estimation
i. Base year
ii. Forecast
iii. Growth Rate
iv. Year-On-Year Growth Trend
d. Data Triangulation
e. Key Assumption
3. Executive Summary
4. Report Glimpse
a. Infographics
b. Global Market Tables
5. Qualitative Analysis
a. Introduction
b. Key Market Trends
c. Market Overview
i. Drivers
ii. Restraints
iii. Opportunities
iv. Challenges
d. PEST Analysis
e. Porter Analysis
f. Value Chain Analysis
g. Market pain-point impact analysis
h. Key investment pockets of IoT enable valves market
6. Competitive Landscape
a. Introduction
b. Company Profiles
i. Metso
ii. Emerson
iii. Pentair
iv. Cameron-Schlumberger
v. Weir
vi. Flowserve
………Continued

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