IoT Valve Market Size, Share, Scope, and Report by 2031
The IoT valve market size is expected to reach US$ 2.85 billion by 2031 from US$ 1.29 billion in 2023. The market is estimated to record a CAGR of 10.4% from 2023 to 2031. The increasing integration of IoT with Blockchain is likely to be a key market trend in the coming years.
IoT Valve Market Analysis
IoT valves have various applications. They can manage the distribution of water within a home or building, allowing for automated control of water usage in kitchens, bathrooms, and irrigation systems. Also, in manufacturing plants, these valves control the flow of liquids and gases. In utilities and infrastructure, these IoT valves are used in water distribution, wastewater treatment, and gas supply networks.
The demand for industrial valves across sectors such as pharmaceuticals, oil & gas, and chemicals and the rapid evolution of IoT technology fuel the global IoT valve market growth. By incorporating IoT capabilities, valves can be remotely controlled, monitored, and automated, reducing maintenance expenses and enhancing efficiency. For instance, with the integration of IoT technology in HVAC systems, intelligent HVAC systems are increasingly used and can be managed and monitored remotely. The rising adoption of IoT in diverse industries, including aerospace, elevators, and process automation, has increased the demand for IoT valves.
IoT Valve Market Overview
Advancements in IoT technology have transformed numerous industries, and one of the most innovative areas is the advancement of smart valves. Smart valves use IoT technology and present an exceptional breakthrough in the process valves industry, enabling the management of various processes and online monitoring control. These allow immediate response for machine learning, optimization, and safety events, along with equipment and machinery protection, device tracking, and additional customer-tailored benefits. Smart valves possess smart metering control systems, enabling accurate distribution and measurement of resources such as water and gas. Smart metering control reduces waste, optimizes resource usage, and improves performance by precisely controlling and monitoring flow rates. Smart valves provide affordable solutions by effectively utilizing resources. They provide accurate gas and water control and distribution, eliminating waste and reducing expenses. Smart valves help organizations reduce utility costs and maintenance costs by minimizing leaks and providing effective automation.
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IoT Valve Market: Strategic Insights
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IoT Valve Market Drivers and Opportunities
Rising Energy and Water Conservation Efforts
The rise in energy and water conservation efforts is a significant driver for the IoT valves market. As the global focus intensifies on sustainable practices, governments, industries, and consumers are seeking solutions that optimize resource usage. IoT valves provide precise control, monitoring, and automation in these conservation efforts. In manufacturing plants, IoT valves can regulate the flow of steam, gases, and liquids used in various processes. Using sensors and data analytics, these valves can adjust the flow based on real-time requirements, reducing energy waste. For instance, Bosch is developing smart factories utilizing IoT in manufacturing. Sensors in these facilities collect data on all parts of the manufacturing procedure, which includes everything from the chain of distribution to the assembly line. Municipal water supply systems can leverage IoT valves to monitor and control water distribution networks. In a smart city project, IoT valves can detect leaks in the water supply system and shut off the affected section to prevent water loss. They can also optimize water pressure in different areas based on usage patterns, ensuring efficient water distribution. Governments are implementing stricter regulations on energy and water usage, incentivizing industries to adopt smart technologies. For instance, according to the report of Indian Infrastructure, as of April 5, 2024, 645 smart energy projects worth US$ 1,675.0 million have been completed, and 38 projects worth US$ 85.3 million are in progress in India. These projects have several components to ensure efficient energy utilization, such as smart lighting, buildings, metering, waste management, and mobility. Additionally, consumers are becoming more environmentally conscious, seeking products and solutions that contribute to sustainability.
Growth of Industry 4.0
Various countries are widely recognized as pioneers in the implementation of Industry 4.0, or the Fourth Industrial Revolution. The German government has recognized the need for a strategic development of Industry 4.0, providing significant funding for research and development and establishing partnerships between industry and academia. Under its Industrial Strategy 2030, the government set a goal of raising the share of German industries in gross value added in the Germany economy to 25% by 2030.
There is a rise in the incorporation of Industry 4.0 industries as various countries have a strong manufacturing base, which includes well-established companies such as Bosch, Siemens, and Volkswagen. These companies have been early adopters of new technologies and have invested heavily in research and development to create innovative solutions for the challenges of Industry 4.0, such as interoperability. The implementation of Industry 4.0 has had a significant effect on the manufacturing sector. For example, the use of data analytics and predictive maintenance has enabled companies to reduce downtime and improve the efficiency of their operations. The adoption of Industry 4.0 leads to the integration of AI, IoT, and sensors in components such as valves. Also, IoT valves are compatible with Industry 4.0 technologies; for example, the IoTH-800 Series, offered by Ultra Clean technology, is compatible with Industry 4.0. Thus, the growth of Industry 4.0 is likely to create opportunities for the proliferation of the global IoT valve market during the forecast period.
IoT Valve Market Report Segmentation Analysis
Key segments that contributed to the derivation of the IoT valve market analysis are connectivity, type, and end user.
- Based on connectivity, the market is segmented into wired and wireless. The wired segment held a larger IoT valves market share in 2023.
- Based on type, the market is segmented into energy valve, pressure-independent control valve (PICV), and regular valves. The pressure independent control valve (PICV) segment held the largest IoT valves market share in 2023.
- Based on end user, the market is divided into industrial, residential, and commercial. The industrial segment held the largest market share in 2023.
IoT Valve Market Share Analysis by Geography
The IoT valve market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2023, followed by North America and Europe.
The high penetration of the Internet across North America, coupled with initiatives by key market players to promote the use of digital technologies for seamless and smooth business operations and human error reduction, catalyzes the adoption of IoT valves across North America. In November 2021, Rusco, a US-based manufacturer of water sediment filtration products, announced the launch of "Smart Ball Valve." These valves can be operated using apps on Android and Apple devices and can be accessed on Zigbee and Wi-Fi models. They are made for commercial, municipal, and residential water filtration systems. This smart valve automates two basic functions—flow shut off and sediment flushing. The apps are alerted if something interrupts normal operations and provide a safe shut-off during power cuts, which improves the overall performance of a water filter system. Thus, the IoT valve market in North America is dominated by automation and the development of smart solutions in water filtration systems.
IoT Valve Market Report Scope
IoT Valves Market News and Recent Developments
The IoT valve market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- IMI plc acquired Heatmiser UK Ltd. for an enterprise value of US$ 119.5 million, with up to a further US$ 8.6 million based on Heatmiser's future financial performance. Heatmiser became part of IMI Hydronic Engineering ("IMI Hydronic"). (Source: IMI plc, Press Release, November 2022)
- Ultra Clean Holdings, Inc. acquired HIS Innovations Group, a privately held company based in Hillsboro, Oregon. HIS is a leading supplier to the semiconductor sub-fab segment, including the design, manufacturing, and integration of components, process solutions, and fully integrated subsystems. This acquisition aligns with UCT's long-term strategy to pursue sustained and profitable growth by offering a more diversified portfolio of high-quality, high-value solutions to its customers. (Source: Ultra Clean Holdings, Inc., Press Release, October 2023)
IoT Valve Market Report Coverage and Deliverables
The "IoT Valve Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- IoT valves market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- IoT valve market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- IoT valve market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the IoT valve market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Rising energy and water conservation efforts, increasing demand for automation and smart solutions in industries, growing need for remote monitoring and control systems in industrial process, and rising implementation of safety and compliance regulations in industrial process are the major factors that propel the global IoT valves market.
The global IoT valves market was estimated to be US$ 1.29 billion in 2023 and is expected to grow at a CAGR of 10.4 % during the forecast period 2023 - 2031.
Increasing integration of IoT with blockchain, which is anticipated to play a significant role in the global IoT valves market in the coming years.
The global IoT valves market is expected to reach US$ 2.85 billion by 2031.
The incremental growth expected to be recorded for the global IoT valves market during the forecast period is US$ 1,561.95 million.
The key players holding majority shares in the global IoT valves market are Flowserve Corp, Carrier Global Corp, Siemens AG, Belimo Aircontrols (Can.) Inc, and IMI Hydronic Engineering.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.1 Country level data:
4. IoT valves Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. IoT valves Market – Key Market Dynamics
5.1 IoT valves Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Energy and Water Conservation Efforts
5.2.2 Increasing Demand For Automation And Smart Solutions In Industries
5.2.3 Growing Need for Remote Monitoring and Control Systems in Industrial Process
5.2.4 Rising Implementation of Safety and Compliance Regulations in Industrial Process
5.3 Market Restraints
5.3.1 High Cost of IoT valves
5.4 Market Opportunities
5.4.1 Integration of IoT in HVAC Systems
5.4.2 Growth of Industry 4.0
5.4.3 Increasing Demand for Valves across Various Industries
5.5 Future Trends
5.5.1 Increasing Integration of IoT with Blockchain
5.5.2 Integration of Machine Learning Algorithm with IoT valves
5.6 Impact of Drivers and Restraints:
6. IoT valves Market – Global Market Analysis
6.1 IoT valves Market Revenue (US$ Million), 2021–2031
6.2 IoT valves Market Forecast Analysis
7. IoT valves Market Analysis – by Connectivity
7.1 Wired
7.1.1 Overview
7.1.2 Wired: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Wireless
7.2.1 Overview
7.2.2 Wireless: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
8. IoT valves Market Analysis – by Type
8.1 Pressure Independent Control Valve (PICV)
8.1.1 Overview
8.1.2 Pressure Independent Control Valve (PICV): IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Regular Valves
8.2.1 Overview
8.2.2 Regular Valves: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Energy Valves
8.3.1 Overview
8.3.2 Energy Valves: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
9. IoT valves Market Analysis – by Regular Valve
9.1 Ball Valve
9.1.1 Overview
9.1.2 Ball Valve: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Butterfly Valve
9.2.1 Overview
9.2.2 Butterfly Valve: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Safety Valve
9.3.1 Overview
9.3.2 Safety Valve: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
10. IoT valves Market Analysis – by End User
10.1 Industrial
10.1.1 Overview
10.1.2 Industrial: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
10.2 Commercial
10.2.1 Overview
10.2.2 Commercial: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
10.3 Residential
10.3.1 Overview
10.3.2 Residential: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11. IoT valves Market – Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America IoT valves Market Overview
11.2.2 North America: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.2.3 North America: IoT valves Market Breakdown, by Connectivity
11.2.3.1 North America: IoT valves Market – Revenue and Forecast Analysis – by Connectivity
11.2.4 North America: IoT valves Market Breakdown, by Type
11.2.4.1 North America: IoT valves Market – Revenue and Forecast Analysis – by Type
11.2.5 North America: IoT valves Market Breakdown, by Regular Valve
11.2.5.1 North America: IoT valves Market – Revenue and Forecast Analysis – by Regular Valve
11.2.6 North America: IoT valves Market Breakdown, by End User
11.2.6.1 North America: IoT valves Market – Revenue and Forecast Analysis – by End User
11.2.7 North America: IoT valves Market – Revenue and Forecast Analysis – by Country
11.2.7.1 North America: IoT valves Market – Revenue and Forecast Analysis – by Country
11.2.7.2 United States: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.2.7.2.1 United States: IoT valves Market Breakdown, by Connectivity
11.2.7.2.2 United States: IoT valves Market Breakdown, by Type
11.2.7.2.3 United States: IoT valves Market Breakdown, by Regular Valve
11.2.7.2.4 United States: IoT valves Market Breakdown, by End User
11.2.7.3 Canada: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.2.7.3.1 Canada: IoT valves Market Breakdown, by Connectivity
11.2.7.3.2 Canada: IoT valves Market Breakdown, by Type
11.2.7.3.3 Canada: IoT valves Market Breakdown, by Regular Valve
11.2.7.3.4 Canada: IoT valves Market Breakdown, by End User
11.2.7.4 Mexico: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.2.7.4.1 Mexico: IoT valves Market Breakdown, by Connectivity
11.2.7.4.2 Mexico: IoT valves Market Breakdown, by Type
11.2.7.4.3 Mexico: IoT valves Market Breakdown, by Regular Valve
11.2.7.4.4 Mexico: IoT valves Market Breakdown, by End User
11.3 Europe
11.3.1 Europe IoT valves Market Overview
11.3.2 Europe: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.3 Europe: IoT valves Market Breakdown, by Connectivity
11.3.3.1 Europe: IoT valves Market – Revenue and Forecast Analysis – by Connectivity
11.3.4 Europe: IoT valves Market Breakdown, by Type
11.3.4.1 Europe: IoT valves Market – Revenue and Forecast Analysis – by Type
11.3.5 Europe: IoT valves Market Breakdown, by Regular Valve
11.3.5.1 Europe: IoT valves Market – Revenue and Forecast Analysis – by Regular Valve
11.3.6 Europe: IoT valves Market Breakdown, by End User
11.3.6.1 Europe: IoT valves Market – Revenue and Forecast Analysis – by End User
11.3.7 Europe: IoT valves Market – Revenue and Forecast Analysis – by Country
11.3.7.1 Europe: IoT valves Market – Revenue and Forecast Analysis – by Country
11.3.7.2 Germany: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.2.1 Germany: IoT valves Market Breakdown, by Connectivity
11.3.7.2.2 Germany: IoT valves Market Breakdown, by Type
11.3.7.2.3 Germany: IoT valves Market Breakdown, by Regular Valve
11.3.7.2.4 Germany: IoT valves Market Breakdown, by End User
11.3.7.3 United Kingdom: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.3.1 United Kingdom: IoT valves Market Breakdown, by Connectivity
11.3.7.3.2 United Kingdom: IoT valves Market Breakdown, by Type
11.3.7.3.3 United Kingdom: IoT valves Market Breakdown, by Regular Valve
11.3.7.3.4 United Kingdom: IoT valves Market Breakdown, by End User
11.3.7.4 France: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.4.1 France: IoT valves Market Breakdown, by Connectivity
11.3.7.4.2 France: IoT valves Market Breakdown, by Type
11.3.7.4.3 France: IoT valves Market Breakdown, by Regular Valve
11.3.7.5 Italy: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.5.1 Italy: IoT valves Market Breakdown, by Connectivity
11.3.7.5.2 Italy: IoT valves Market Breakdown, by Type
11.3.7.5.3 Italy: IoT valves Market Breakdown, by Regular Valve
11.3.7.5.4 Italy: IoT valves Market Breakdown, by End User
11.3.7.6 Russian Federation: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.6.1 Russian Federation: IoT valves Market Breakdown, by Connectivity
11.3.7.6.2 Russian Federation: IoT valves Market Breakdown, by Type
11.3.7.6.3 Russian Federation: IoT valves Market Breakdown, by Regular Valve
11.3.7.6.4 Russian Federation: IoT valves Market Breakdown, by End User
11.3.7.7 Rest of Europe: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.3.7.7.1 Rest of Europe: IoT valves Market Breakdown, by Connectivity
11.3.7.7.2 Rest of Europe: IoT valves Market Breakdown, by Type
11.3.7.7.3 Rest of Europe: IoT valves Market Breakdown, by Regular Valve
11.3.7.7.4 Rest of Europe: IoT valves Market Breakdown, by End User
11.4 Asia Pacific
11.4.1 Asia Pacific IoT valves Market Overview
11.4.2 Asia Pacific: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.3 Asia Pacific: IoT valves Market Breakdown, by Connectivity
11.4.3.1 Asia Pacific: IoT valves Market – Revenue and Forecast Analysis – by Connectivity
11.4.4 Asia Pacific: IoT valves Market Breakdown, by Type
11.4.4.1 Asia Pacific: IoT valves Market – Revenue and Forecast Analysis – by Type
11.4.5 Asia Pacific: IoT valves Market Breakdown, by Regular Valve
11.4.5.1 Asia Pacific: IoT valves Market – Revenue and Forecast Analysis – by Regular Valve
11.4.6 Asia Pacific: IoT valves Market Breakdown, by End User
11.4.6.1 Asia Pacific: IoT valves Market – Revenue and Forecast Analysis – by End User
11.4.7 Asia Pacific: IoT valves Market – Revenue and Forecast Analysis – by Country
11.4.7.1 Asia Pacific: IoT valves Market – Revenue and Forecast Analysis – by Country
11.4.7.2 China: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.2.1 China: IoT valves Market Breakdown, by Connectivity
11.4.7.2.2 China: IoT valves Market Breakdown, by Type
11.4.7.2.3 China: IoT valves Market Breakdown, by Regular Valve
11.4.7.2.4 China: IoT valves Market Breakdown, by End User
11.4.7.3 India: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.3.1 India: IoT valves Market Breakdown, by Connectivity
11.4.7.3.2 India: IoT valves Market Breakdown, by Type
11.4.7.3.3 India: IoT valves Market Breakdown, by Regular Valve
11.4.7.3.4 India: IoT valves Market Breakdown, by End User
11.4.7.4 Japan: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.4.1 Japan: IoT valves Market Breakdown, by Connectivity
11.4.7.4.2 Japan: IoT valves Market Breakdown, by Type
11.4.7.4.3 Japan: IoT valves Market Breakdown, by Regular Valve
11.4.7.4.4 Japan: IoT valves Market Breakdown, by End User
11.4.7.5 Australia: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.5.1 Australia: IoT valves Market Breakdown, by Connectivity
11.4.7.5.2 Australia: IoT valves Market Breakdown, by Type
11.4.7.5.3 Australia: IoT valves Market Breakdown, by Regular Valve
11.4.7.5.4 Australia: IoT valves Market Breakdown, by End User
11.4.7.6 South Korea: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.6.1 South Korea: IoT valves Market Breakdown, by Connectivity
11.4.7.6.2 South Korea: IoT valves Market Breakdown, by Type
11.4.7.6.3 South Korea: IoT valves Market Breakdown, by Regular Valve
11.4.7.6.4 South Korea: IoT valves Market Breakdown, by End User
11.4.7.7 Rest of APAC: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.4.7.7.1 Rest of APAC: IoT valves Market Breakdown, by Connectivity
11.4.7.7.2 Rest of APAC: IoT valves Market Breakdown, by Type
11.4.7.7.3 Rest of APAC: IoT valves Market Breakdown, by Regular Valve
11.4.7.7.4 Rest of APAC: IoT valves Market Breakdown, by End User
11.5 Middle East and Africa
11.5.1 Middle East and Africa IoT valves Market Overview
11.5.2 Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.5.3 Middle East and Africa: IoT valves Market Breakdown, by Connectivity
11.5.3.1 Middle East and Africa: IoT valves Market – Revenue and Forecast Analysis – by Connectivity
11.5.4 Middle East and Africa: IoT valves Market Breakdown, by Type
11.5.4.1 Middle East and Africa: IoT valves Market – Revenue and Forecast Analysis – by Type
11.5.5 Middle East and Africa: IoT valves Market Breakdown, by Regular Valve
11.5.5.1 Middle East and Africa: IoT valves Market – Revenue and Forecast Analysis – by Regular Valve
11.5.6 Middle East and Africa: IoT valves Market Breakdown, by End User
11.5.6.1 Middle East and Africa: IoT valves Market – Revenue and Forecast Analysis – by End User
11.5.7 Middle East and Africa: IoT valves Market – Revenue and Forecast Analysis – by Country
11.5.7.1 Middle East and Africa: IoT valves Market – Revenue and Forecast Analysis – by Country
11.5.7.2 United Arab Emirates: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.2.1 United Arab Emirates: IoT valves Market Breakdown, by Connectivity
11.5.7.2.2 United Arab Emirates: IoT valves Market Breakdown, by Type
11.5.7.2.3 United Arab Emirates: IoT valves Market Breakdown, by Regular Valve
11.5.7.2.4 United Arab Emirates: IoT valves Market Breakdown, by End User
11.5.7.3 Saudi Arabia: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.3.1 Saudi Arabia: IoT valves Market Breakdown, by Connectivity
11.5.7.3.2 Saudi Arabia: IoT valves Market Breakdown, by Type
11.5.7.3.3 Saudi Arabia: IoT valves Market Breakdown, by Regular Valve
11.5.7.3.4 Saudi Arabia: IoT valves Market Breakdown, by End User
11.5.7.4 South Africa: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.4.1 South Africa: IoT valves Market Breakdown, by Connectivity
11.5.7.4.2 South Africa: IoT valves Market Breakdown, by Type
11.5.7.4.3 South Africa: IoT valves Market Breakdown, by Regular Valve
11.5.7.4.4 South Africa: IoT valves Market Breakdown, by End User
11.5.7.5 Rest of Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.5.7.5.1 Rest of Middle East and Africa: IoT valves Market Breakdown, by Connectivity
11.5.7.5.2 Rest of Middle East and Africa: IoT valves Market Breakdown, by Type
11.5.7.5.3 Rest of Middle East and Africa: IoT valves Market Breakdown, by Regular Valve
11.5.7.5.4 Rest of Middle East and Africa: IoT valves Market Breakdown, by End User
11.6 South and Central America
11.6.1 South and Central America IoT valves Market Overview
11.6.2 South and Central America: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.6.3 South and Central America: IoT valves Market Breakdown, by Connectivity
11.6.3.1 South and Central America: IoT valves Market – Revenue and Forecast Analysis – by Connectivity
11.6.4 South and Central America: IoT valves Market Breakdown, by Type
11.6.4.1 South and Central America: IoT valves Market – Revenue and Forecast Analysis – by Type
11.6.5 South and Central America: IoT valves Market Breakdown, by Regular Valve
11.6.5.1 South and Central America: IoT valves Market – Revenue and Forecast Analysis – by Regular Valve
11.6.6 South and Central America: IoT valves Market Breakdown, by End User
11.6.6.1 South and Central America: IoT valves Market – Revenue and Forecast Analysis – by End User
11.6.7 South and Central America: IoT valves Market – Revenue and Forecast Analysis – by Country
11.6.7.1 South and Central America: IoT valves Market – Revenue and Forecast Analysis – by Country
11.6.7.2 Brazil: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.6.7.2.1 Brazil: IoT valves Market Breakdown, by Connectivity
11.6.7.2.2 Brazil: IoT valves Market Breakdown, by Type
11.6.7.2.3 Brazil: IoT valves Market Breakdown, by Regular Valve
11.6.7.2.4 Brazil: IoT valves Market Breakdown, by End User
11.6.7.3 Argentina: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.6.7.3.1 Argentina: IoT valves Market Breakdown, by Connectivity
11.6.7.3.2 Argentina: IoT valves Market Breakdown, by Type
11.6.7.3.3 Argentina: IoT valves Market Breakdown, by Regular Valve
11.6.7.3.4 Argentina: IoT valves Market Breakdown, by End User
11.6.7.4 Rest of South and Central America: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
11.6.7.4.1 Rest of South and Central America: IoT valves Market Breakdown, by Connectivity
11.6.7.4.2 Rest of South and Central America: IoT valves Market Breakdown, by Type
11.6.7.4.3 Rest of South and Central America: IoT valves Market Breakdown, by Regular Valve
11.6.7.4.4 Rest of South and Central America: IoT valves Market Breakdown, by End User
12. Competitive Landscape
12.1 Company Positioning & Concentration
12.2 Heat Map Analysis by Key Players
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.2 New Product Development
13.3 Mergers & Acquisitions
14. Company Profiles
14.1 Klinger Holding GmbH
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 KTW Technology GMBH
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Carrier Global Corp
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Belimo Holding AG
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 IMI Plc
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Ultra Clean Holdings Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Siemens AG
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Flowserve Corp
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Honeywell International Inc
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Larsen & Toubro Ltd
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
14.11 Smart Wires Inc
14.11.1 Key Facts
14.11.2 Business Description
14.11.3 Products and Services
14.11.4 Financial Overview
14.11.5 SWOT Analysis
14.11.6 Key Developments
14.12 Flow Dynamics LLC
14.12.1 Key Facts
14.12.2 Business Description
14.12.3 Products and Services
14.12.4 Financial Overview
14.12.5 SWOT Analysis
14.12.6 Key Developments
14.13 IoT Technologies
14.13.1 Key Facts
14.13.2 Business Description
14.13.3 Products and Services
14.13.4 Financial Overview
14.13.5 SWOT Analysis
14.13.6 Key Developments
14.14 ChengDu ZhiCheng Technology Co., Ltd.
14.14.1 Key Facts
14.14.2 Business Description
14.14.3 Products and Services
14.14.4 Financial Overview
14.14.5 SWOT Analysis
14.14.6 Key Developments
14.15 Teksun Inc.
14.15.1 Key Facts
14.15.2 Business Description
14.15.3 Products and Services
14.15.4 Financial Overview
14.15.5 SWOT Analysis
14.15.6 Key Developments
14.16 Autorun Control Valve Co.,Ltd.
14.16.1 Key Facts
14.16.2 Business Description
14.16.3 Products and Services
14.16.4 Financial Overview
14.16.5 SWOT Analysis
14.16.6 Key Developments
14.17 Ham-Let Group
14.17.1 Key Facts
14.17.2 Business Description
14.17.3 Products and Services
14.17.4 Financial Overview
14.17.5 SWOT Analysis
14.17.6 Key Developments
14.18 Rusco
14.18.1 Key Facts
14.18.2 Business Description
14.18.3 Products and Services
14.18.4 Financial Overview
14.18.5 SWOT Analysis
14.18.6 Key Developments
15. Appendix
15.1 Glossary
15.2 About The Insight Partners
List of Tables
Table 1. IoT valves Market Segmentation
Table 2. List of Vendors
Table 3. IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. IoT valves Market – Revenue and Forecast to 2031 (US$ Million) – by Connectivity
Table 5. IoT valves Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 6. IoT valves Market – Revenue and Forecast to 2031 (US$ Million) – by Regular Valve
Table 7. IoT valves Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 8. North America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 9. North America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 10. North America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 11. North America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 12. North America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 13. United States: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 14. United States: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 15. United States: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 16. United States: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 17. Canada: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 18. Canada: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 19. Canada: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 20. Canada: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 21. Mexico: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 22. Mexico: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 23. Mexico: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 24. Mexico: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 25. Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 26. Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 27. Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 28. Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 29. Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 30. Germany: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 31. Germany: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 32. Germany: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 33. Germany: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 34. United Kingdom: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 35. United Kingdom: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 36. United Kingdom: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 37. United Kingdom: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 38. France: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 39. France: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 40. France: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 41. France: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 42. Italy: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 43. Italy: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 44. Italy: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 45. Italy: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 46. Russian Federation: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 47. Russian Federation: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 48. Russian Federation: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 49. Russian Federation: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 50. Rest of Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 51. Rest of Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 52. Rest of Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 53. Rest of Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 54. Asia Pacific: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 55. Asia Pacific: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 56. Asia Pacific: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 57. Asia Pacific: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 58. Asia Pacific: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 59. China: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 60. China: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 61. China: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 62. China: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 63. India: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 64. India: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 65. India: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 66. India: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 67. Japan: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 68. Japan: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 69. Japan: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 70. Japan: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 71. Australia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 72. Australia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 73. Australia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 74. Australia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 75. South Korea: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 76. South Korea: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 77. South Korea: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 78. South Korea: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 79. Rest of APAC: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 80. Rest of APAC: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 81. Rest of APAC: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 82. Rest of APAC: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 83. Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 84. Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 85. Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 86. Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 87. Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 88. United Arab Emirates: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 89. United Arab Emirates: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 90. United Arab Emirates: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 91. United Arab Emirates: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 92. Saudi Arabia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 93. Saudi Arabia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 94. Saudi Arabia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 95. Saudi Arabia: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 96. South Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 97. South Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 98. South Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 99. South Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 100. Rest of Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 101. Rest of Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 102. Rest of Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 103. Rest of Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 104. South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 105. South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 106. South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 107. South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 108. South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 109. Brazil: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 110. Brazil: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 111. Brazil: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 112. Brazil: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 113. Argentina: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 114. Argentina: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 115. Argentina: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 116. Argentina: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 117. Rest of South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Connectivity
Table 118. Rest of South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 119. Rest of South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by Regular Valve
Table 120. Rest of South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 121. Company Positioning & Concentration
List of Figures
Figure 1. IoT valves Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. IoT valves Market Revenue (US$ Million), 2021–2031
Figure 6. IoT valves Market Share (%) – by Connectivity (2023 and 2031)
Figure 7. Wired: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Wireless: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. IoT valves Market Share (%) – by Type (2023 and 2031)
Figure 10. Pressure Independent Control Valve (PICV): IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Regular Valves: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Energy Valves: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. IoT valves Market Share (%) – by Regular Valve (2023 and 2031)
Figure 14. Ball Valve: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Butterfly Valve: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Safety Valve: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Others: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. IoT valves Market Share (%) – by End User (2023 and 2031)
Figure 19. Industrial: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Commercial: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Residential: IoT valves Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. IoT valves Market Breakdown by Region, 2023 and 2031 (%)
Figure 23. North America: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 24. North America: IoT valves Market Breakdown, by Connectivity (2023 and 2031)
Figure 25. North America: IoT valves Market Breakdown, by Type (2023 and 2031)
Figure 26. North America: IoT valves Market Breakdown, by Regular Valve (2023 and 2031)
Figure 27. North America: IoT valves Market Breakdown, by End User (2023 and 2031)
Figure 28. North America: IoT valves Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 29. United States: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 30. Canada: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 31. Mexico: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 32. Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Europe: IoT valves Market Breakdown, by Connectivity (2023 and 2031)
Figure 34. Europe: IoT valves Market Breakdown, by Type (2023 and 2031)
Figure 35. Europe: IoT valves Market Breakdown, by Regular Valve (2023 and 2031)
Figure 36. Europe: IoT valves Market Breakdown, by End User (2023 and 2031)
Figure 37. Europe: IoT valves Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 38. Germany: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 39. United Kingdom: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 40. France: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. Italy: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. Russian Federation: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. Rest of Europe: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 44. Asia Pacific: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. Asia Pacific: IoT valves Market Breakdown, by Connectivity (2023 and 2031)
Figure 46. Asia Pacific: IoT valves Market Breakdown, by Type (2023 and 2031)
Figure 47. Asia Pacific: IoT valves Market Breakdown, by Regular Valve (2023 and 2031)
Figure 48. Asia Pacific: IoT valves Market Breakdown, by End User (2023 and 2031)
Figure 49. Asia Pacific: IoT valves Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 50. China: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 51. India: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. Japan: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 53. Australia: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. South Korea: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. Rest of APAC: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. Middle East and Africa: IoT valves Market Breakdown, by Connectivity (2023 and 2031)
Figure 58. Middle East and Africa: IoT valves Market Breakdown, by Type (2023 and 2031)
Figure 59. Middle East and Africa: IoT valves Market Breakdown, by Regular Valve (2023 and 2031)
Figure 60. Middle East and Africa: IoT valves Market Breakdown, by End User (2023 and 2031)
Figure 61. Middle East and Africa: IoT valves Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 62. United Arab Emirates: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 63. Saudi Arabia: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 64. South Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 65. Rest of Middle East and Africa: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 66. South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 67. South and Central America: IoT valves Market Breakdown, by Connectivity (2023 and 2031)
Figure 68. South and Central America: IoT valves Market Breakdown, by Type (2023 and 2031)
Figure 69. South and Central America: IoT valves Market Breakdown, by Regular Valve (2023 and 2031)
Figure 70. South and Central America: IoT valves Market Breakdown, by End User (2023 and 2031)
Figure 71. South and Central America: IoT valves Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 72. Brazil: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 73. Argentina: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 74. Rest of South and Central America: IoT valves Market – Revenue and Forecast to 2031(US$ Million)
Figure 75. Heat Map Analysis by Key Players
The List of Companies - IoT Valve Market
- Klinger Holding GmbH
- KTW Technology GMBH
- Carrier Global Corp
- IMI Plc
- Ultra Clean Holdings Inc
- Siemens AG
- Flowserve Corp
- Honeywell International Inc
- Larsen & Toubro Ltd
- Belimo Holding AG
- Smart Wires Inc
- Flow Dynamics LLC
- IoT Technologies
- ChengDu ZhiCheng Technology Co., Ltd.
- Teksun Inc.
- Autorun Control Valve Co.,Ltd.
- Ham-Let Group
- Rusco
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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