Press release
IoT Valves Market Size, Share, Growth, and Analysis: 2024-2030
Valves are mechanical devices which used for controlling and regulating flow of gases and liquid. The IoT based connected valves are being controlled remotely using wired and wireless connectivity, thus eliminating need of manual human efforts. These valves are offered in various types such as ball, butterfly, safety valve, piston, and others and are used across industrial, commercial, and residential applications.
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IoT valves refer to valve devices that are connected and controlled through the Internet of Things (IoT) technology. This type of valve integrates sensors, actuators, and communication modules, and can monitor and control the flow status of fluids in real time. Its main features are remote monitoring, automatic control, data analysis, fault warning, etc.
This report mainly studies the global and Chinese markets.
Product pictureof IoT Valves
2 Market Trends of IoT Valves
2.1 Increased demand for intelligence and automation
With the advancement of Industry 4.0 and intelligent manufacturing, enterprises' demand for automation and intelligent control systems continues to rise, driving the growth of the IoT valve market. The promotion and popularization of the industrial Internet has promoted the interconnection of various intelligent devices. As a key component, the market demand for IoT valves continues to grow.
2.2 Increased awareness of energy conservation and environmental protection
IoT valves can achieve precise adjustment in fluid control, effectively reduce energy consumption and resource waste, and are in line with the trend of sustainable development.
2.3 Application of real-time monitoring and data analysis
The development of IoT technology makes real-time data monitoring and analysis possible, and enterprises can optimize production processes and improve operational efficiency through data.
2.4 Expansion of application areas
The application of IoT valves in water treatment, petrochemicals, food processing, HVAC and other industries continues to expand, and the market potential is huge. With the continuous maturity of IoT technology, the advancement of industry standardization will promote interoperability between different devices and promote the standardized development of the market.
These trends show that the IoT valve market is developing in the direction of intelligence, energy saving and efficiency, and has broad prospects.
3 Market situation of IoT Valves
According to the new market research report "IoT Valves - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global IoT Valves market size is projected to grow from USD 705.0 million in 2023 to 1,139.4 million by 2030, at a CAGR of 8.3% during the forecast period.
This report profiles key players of IoT Valves such as Smart Wires,Carrier, IMI Hydronic Engineering, Commonwealth Edison Company, Flow Dynamics, Castrads. In 2023, the global top five IoT Valves players account for 60.4% of market share in terms of revenue. Above figure shows the key players ranked by revenue in IoT Valves.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The IoT Valves market is segmented as below:
By Company
Smart Wires
Carrier
IMI Hydronic Engineering
Commonwealth Edison Company
Flow Dynamics
Castrads
SMART VALVE SOLUTION
KLINGER Schöneberg
Sauter Building Control Schweiz AG
Smart Wireless Valves
Segment by Type
Ball Valves
Butterfly Valves
Safety Valves
Piston
Others
Segment by Application
Industry
Business
Residential
Others
Each chapter of the report provides detailed information for readers to further understand the IoT Valves market:
Chapter 1: Introduces the report scope of the IoT Valves report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of IoT Valves manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various IoT Valves market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of IoT Valves in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of IoT Valves in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth IoT Valves competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides IoT Valves comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides IoT Valves market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
IoT Valves - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
IoT Valves - Global Market Insights and Sales Trends 2024
Global IoT Valves Market Research Report 2023
Global IoT Valves Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global IoT Valves Market Insights, Forecast to 2029
Global and United States IoT Valves Market Report & Forecast 2022-2028
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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