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Water Treatment Industry Valves Market in North America Market Demand Analysis and Projected huge Growth by 2030
The North America Water Treatment Industry Valves Market was valued at US$ 2,411.75 million in 2022 and is expected to reach US$ 3,435.69 million by 2030; it is estimated to register a CAGR of 4.5% from 2022 to 2030.Get Exclusive Sample PDF @: https://www.businessmarketinsights.com/sample/BMIRE00030792?utm_source=OpenPr&utm_medium=10640
Valve manufacturers have started integrating automation and IoT technologies into valves to increase overall efficiency and effectiveness. Smart valves make use of IoT technologies to regulate, monitor, and automate valve operations more efficiently. These next-generation valves manage flow rates and pressure to ensure equal resource allocation. They maintain a steady and balanced supply, preventing issues such as water hammer, poor distribution, and excessive use. Furthermore, smart valves use advanced sensors and algorithms to detect leaks early. Smart valves can detect unusual changes in pressure and flow rates and inform operators of potential leaks.
Analysis of the Top Market Players:
1. Alfa Laval AB
2. Flowserve Corp
3. Spirax Sarco Engineering Plc
4. Velan Inc
5. KITZ Corp
6. Emerson Electric Co
7. American AVK Co
8. DeZURIK Inc.
In this report, the market has been segmented on the basis of:
Valve Type (Ball Valves, Butterfly Valves, Diaphragm Valves, Safety Valves, Check Valves, Gate Valves, and Others)
Material Type (Steel Alloys, Stainless Steel, Cast Iron, and Others)
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This reduces damage and prevents resource waste. Thus, owing to such benefits of the technology-integrated valves, many manufacturers are focusing on product development strategies. In November 2021, Rusco released a smart automatic ball valve controlled by an app. The Smart Ball Valve is easily compatible with a few smartphones, allowing for program automation and simplifying two major functions: sediment flushing and flow shutoff. The product can be utilized in home filtration, well water, and commercial and municipal applications and is available in both Wi-Fi and Zigbee variants, ensuring maximum access to the technology. In June 2023, SANKING introduced the Intelligent Motorized Ball Valve to suit the management and control requirements of the new era of pipe systems. The valve has two communication modes, MODBUS485 and 4-20mA, and might be integrated with a PLC for remote management and real-time feedback. These valves are particularly useful for applications that demand precise flow control, such as dosing and water treatment systems. In June 2023, Aquana, LLC. announced the launch of its latest product, a new remote shutoff valve, in the IoT platform portfolio. The Aquana AVS valve is an IP68-rated remote disconnect ball valve that works with any existing Advanced Metering Infrastructure (AMI) platform. The Aquana valve is a cost-effective solution for water utilities looking to implement remote water shutoff within their service zone. Thus, the development of next-generation valves by manufacturers is expected to create several opportunities for the water treatment industry valves market growth during the forecast period.
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