IoT Valve Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Connectivity (Wired and Wireless), Type (Pressure Independent Control Valve (PICV), Regular Valve, and Energy Valve), Regular Valve (Ball Valve, Butterfly Valve, Safety Valve, and Others) , End User (Industrial, Commercial, and Residential), and Geography
The IoT Valve market size was valued at US$ 1.29 billion in 2023 and is expected to reach US$ 2.85 billion by 2031; it is estimated to record a CAGR of 10.4% from 2023 to 2031. The IoT Valve mar... もっと見る
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SummaryThe IoT Valve market size was valued at US$ 1.29 billion in 2023 and is expected to reach US$ 2.85 billion by 2031; it is estimated to record a CAGR of 10.4% from 2023 to 2031.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, respectively. The US dominated the North American IoT Valve market share in 2023. The US is one of the largest petroleum producers, with over 500,000 producing wells. According to the US Energy Information Administration, the US has 130 petroleum refineries that produce petroleum products to meet the demands of the country and other nations. To strengthen its import activities, the country is focused on building new refineries to increase its petroleum production. According to the US Energy Information Administration, the US's newest refinery became operable in Texas on January 1, 2022. The country is also planning to increase the existing refineries' refining capacity and build new ones, which demand IoT valves for the efficient working of these refineries. To cater to the demand from these refineries, market players, such as Emerson Electric Co and Flowserve Corp, are providing IoT valves that can be used in demanding applications such as oil and gas refineries. IoT valves also allow for remote monitoring and control of processes in large refineries. Thus, the growing demand for IoT valves in upgrading and building new refineries will propel the IoT valve market growth in the US. Germany dominated the Europe IoT Valve market share in 2023. Germany is a prominent hub for the manufacturing industry, along with industrial process automation. Many market players and government organizations are involved in incorporating automation and smart solutions in various industries across Germany. For example, in April 2021, Siemens teamed with Google Cloud to enhance production processes and boost efficiency. Siemens plans to combine Google Cloud's AI/ML technology with its factory automation systems to support future innovation. These factors are projected to increase the adoption of automated solutions required in industrial processes in several industries across Germany. Key players such as Smart Wires, Carriers, and KTW Technology Gmbh provide IoT valves . Many other players are focused on digitalizing industrial valves with the integration of sensors. For example, Exelonix GmbH attached a 5G SENS VALVE Sensor to the hand wheel or lever of a manual valve. The sensor rests in a battery-saving deep-sleep mode until it notices a status change; after noticing a status change, it starts operations, monitors the changes, and transmits the result to the cloud. After this, the sensor goes into sleep mode again. The valve has applications in industries such as oil & gas refining, chemicals, food & beverages, and pharma. Thus, the growing adoption of Industry 4.0, the rising number of players adopting automation, and the increasing integration of valves with sensors propels the Germany IoT valve market growth. Klinger Schoneberg GmbH, KTW Technology GMBH, Carrier Global Corp, and Belimo Air controls (Can.) Inc, 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, and Rusco are among the key IoT Valves market players that are profiled in this market study. The overall IoT Valve market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the IoT Valve size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the IoT Valve market. Table of ContentsTABLE OF CONTENTS1. 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
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