IoT Valves Market Size and Growth
The global IoT Valves market is projected to reach a value of $6.04 billion by 2026, with a CAGR of 4.5% during the forecast period. The market is driven by the increasing adoption of smart technologies in industries such as oil & gas, water & wastewater treatment, and manufacturing. Advancements in IoT technology are expected to further propel market growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ 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
The IoT Valves Market is highly competitive with companies like Smart Wires, Carrier, IMI Hydronic Engineering, Commonwealth Edison Company, Flow Dynamics, Castrads, SMART VALVE SOLUTION, KLINGER Schöneberg, Sauter Building Control Schweiz AG offering smart wireless valves. These companies leverage IoT technology to enhance valve performance, optimize energy consumption, and improve building automation. Smart Wires sales revenue: $10 million, IMI Hydronic Engineering: $15 million, Flow Dynamics: $5 million.
