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.
This report contains market size and forecasts of IoT Valves in global, including the following market information:
Global IoT Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global IoT Valves Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five IoT Valves companies in 2021 (%)
The global IoT Valves market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ball Valves Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IoT Valves include Smart Wires, Carrier, IMI Hydronic Engineering, Commonwealth Edison Company, Flow Dynamics, Castrads, SMART VALVE SOLUTION, KLINGER Schöneberg and Sauter Building Control Schweiz AG and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT Valves Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global IoT Valves Market Segment Percentages, by Type, 2021 (%)
Ball Valves
Butterfly Valves
Safety Valves
Piston
Others
Global IoT Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global IoT Valves Market Segment Percentages, by Application, 2021 (%)
Industry
Business
Residential
Others
Global IoT Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global IoT Valves Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT Valves revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies IoT Valves revenues share in global market, 2021 (%)
Key companies IoT Valves sales in global market, 2017-2022 (Estimated), (K Units)
Key companies IoT Valves sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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