IoT Valves Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Connectivity (Wired, Wireless); Type (Ball, Butterfly, Safety, Others); End User (Industrial, Commercial, Residential) and Geography
Report Code: TIPRE00026920 | No. of Pages: 150 | Category: Manufacturing and Construction | Status: Upcoming
MARKET INTRODUCTION
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.
MARKET DYNAMICS
The IoT valves market is experiencing significant growth owing to the growing industrialization across the globe especially in APAC. However, fluctuating prices of raw material can hamper the growth of IoT valves market. Meanwhile, increasing urbanization across the globe is expected to flourish the IoT valves market.
MARKET SCOPE
The "IoT Valves Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of IoT valves market with detailed market segmentation by connectivity, type, end user, and geography. The global IoT valves market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT valves market players and offers key trends and opportunities in the IoT valves market.
MARKET SEGMENTATION
The global IoT valves market is segmented on the basis of connectivity, type, and end user. Based on connectivity, the market is segmented into wired and wireless. On the basis of type, the market is segmented as ball, butterfly, safety, and others. On the basis of end user, the market is segmented as residential, commercial, and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT valves market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT valves market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IoT valves market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT valves market in these regions.
IMPACT OF COVID-19 ON IOT VALVES MARKET
The outbreak of COVID-19 has significantly impacted various industries such as manufacturing, construction, oil and gas, wastewater treatment, chemical and petrochemicals, and others. As operations were hampered owing to lockdown and partial workforce negatively affected the adoption of IoT valves across above mentioned industries in 2020. However, the industries started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed. Thus, the IoT valves market started gaining traction from Q1 of 2021.
The reports cover key developments in the IoT valves market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IoT valves market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT valves market. Below mentioned is the list of few companies engaged in the IoT valves market.
The report also includes the profiles of key IoT valves market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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.
MARKET DYNAMICS
The IoT valves market is experiencing significant growth owing to the growing industrialization across the globe especially in APAC. However, fluctuating prices of raw material can hamper the growth of IoT valves market. Meanwhile, increasing urbanization across the globe is expected to flourish the IoT valves market.
MARKET SCOPE
The "IoT Valves Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of IoT valves market with detailed market segmentation by connectivity, type, end user, and geography. The global IoT valves market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT valves market players and offers key trends and opportunities in the IoT valves market.
MARKET SEGMENTATION
The global IoT valves market is segmented on the basis of connectivity, type, and end user. Based on connectivity, the market is segmented into wired and wireless. On the basis of type, the market is segmented as ball, butterfly, safety, and others. On the basis of end user, the market is segmented as residential, commercial, and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT valves market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT valves market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IoT valves market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT valves market in these regions.
IMPACT OF COVID-19 ON IOT VALVES MARKET
The outbreak of COVID-19 has significantly impacted various industries such as manufacturing, construction, oil and gas, wastewater treatment, chemical and petrochemicals, and others. As operations were hampered owing to lockdown and partial workforce negatively affected the adoption of IoT valves across above mentioned industries in 2020. However, the industries started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed. Thus, the IoT valves market started gaining traction from Q1 of 2021.
The reports cover key developments in the IoT valves market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IoT valves market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT valves market. Below mentioned is the list of few companies engaged in the IoT valves market.
The report also includes the profiles of key IoT valves market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Smart Wires
- Carrier
- IMI Hydronic Engineering
- Commonwealth Edison Company
- Flow Dynamics LLC
- Castrads Ltd
- SMART VALVE SOLUTION
- KLINGER SCHÖNEBERG GmbH
- Sauter Building Control Schweiz AG
- Smart Wireless Valves
The List of Companies
1.Smart Wires
2.Carrier
3.IMI Hydronic Engineering
4.Commonwealth Edison Company
5.Flow Dynamics LLC
6.Castrads Ltd
7.SMART VALVE SOLUTION
8.KLINGER SCHÖNEBERG GmbH
9.Sauter Building Control Schweiz AG
10.Smart Wireless Valves
1.Smart Wires
2.Carrier
3.IMI Hydronic Engineering
4.Commonwealth Edison Company
5.Flow Dynamics LLC
6.Castrads Ltd
7.SMART VALVE SOLUTION
8.KLINGER SCHÖNEBERG GmbH
9.Sauter Building Control Schweiz AG
10.Smart Wireless Valves
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