IoT Valve Market Analysis and Scope 2021-2031
IoT Valve Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.29 Billion |
Market Size by 2031 | US$ 2.85 Billion |
Global CAGR (2023 - 2031) | 10.4% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Connectivity
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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