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Germany IoT Valves Market is expected to reach US$ 265.56 million by 2030

The Germany IoT valves market is estimated to cross US$ 265.56 million by 2030 | Insights on country share, and opportunities

By The Insight Partners

Increasing Demand for Valves across Various Industries to Provide Opportunities for Germany IoT Valves Market Growth During 2022–2030

According to our latest market study on Germany IoT Valves Market Size and Forecast (2020–2030), Country Share, Trends, and Growth Opportunity Analysis – by Connectivity, Type, and End User," the Germany IoT valves market is expected to grow from US$ 118.35 million in 2022 to US$ 265.56 million by 2030; it is estimated to record a CAGR of 10.6% from 2022 to 2030. The Germany IoT valves market report provides detailed market insights, which help the key players strategize their growth.

The demand for industrial valves is rapidly increasing across industries such as oil & gas, chemicals, and pharmaceuticals. For example, per the European Environment Agency, in 2020, households and certain industries in 3,913 urban areas generated 111.3 million p.e. of wastewater every day, which is an amount equivalent to ~223 million bathtubs or 22.25 million cubic meter. However, urban wastewater needs to be treated before discharge in order to avoid polluting the environment. In Germany, urban wastewater is treated in 3,796 plants before it is discharged. This discharge of wastewater needs non-biological as well as biological treatment. Thus, valves are required to carry a specific amount of wastewater discharging from various industries, and the integration of IoT valves provides an additional advantage for wastewater management.

To get sample Copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/brochure/TIPRE00038998

Germany is one of the world's top locations for pharmaceutical production. According to Germany Trade & Invest, in 2021, pharmaceutical production volume reached US$ 37.75 billion, equivalent to 6.9% year-on-year growth. Various players are providing valves for the pharmaceutical industries to streamline their operations. For example, GEA provides a VESTA valve series, which includes all valve types required for optimal execution of sterile processes in the pharmaceutical sector. These include laboratory applications as well as complex process plants in the pharmaceutical, biotechnology, and cosmetics industries. Also, these valves meet high requirements within aseptic, sterile, and hygienic processes. The sterilization process can be easily streamlined with IoT valves, as these valves allow sterilization process controls. Thus, increasing demand for valves across various industries creates opportunities for the Germany IoT valves market growth.

On the basis of type, the Germany IoT valves market is segmented into energy valves, pressure independent control valves (PICV), and regular valves. The pressure independent control valve (PICV) segment held the largest Germany IoT valves market share in 2022. Pressure independent control valves are automatic temperature control valves and automatic flow regulating valves packaged in one valve body. PICV responds to changes in pressure in order to maintain the desired flow. It delivers a constant flow even as pressure changes. PICVs regulate the flow of water or air to maintain a consistent temperature and pressure in the building. PICVs typically consist of a control valve, a differential pressure regulator, and a flow limiter. The flow limiter ensures a constant flow rate, even if the differential pressure regulator fails or there are changes in system demand. It also reduces costs and makes the entire system work better. Various market players in Germany provide PICV to conduct pressure-independent flow and power control. For example, BELIMO provides Belimo Energy Valve, which helps to provide pressure-independent flow and power control and transparent monitoring of heating or cooling systems. The product is an intelligent pressure independent valve that can be connected to the Belimo Cloud. It has unique functions, such as the delta T manager or the possibility of direct power control, providing clarity, enhancing efficiency, and reducing costs. Thus, the pressure independent control valves (PICV) segment holds a significant Germany IoT valves market share owing to the presence of such market players.

Regular IoT valves, commonly referred to as connected valves or regular Internet of Things (IoT) valves, are components of the IoT ecosystem. The regular IoT valves are classified into ball valves, butterfly valves, safety valves, and others. These valves can be automated, controlled, and monitored remotely with the sensors and networking elements installed in them. Regular Internet of Things (IoT) valves are used in different industries, including chemicals, pharmaceuticals, energy & power, oil & gas, and water & wastewater management. Several players, including KTW Technologies GmbH and IMI Hydronic Engineering, among others, operating in the Germany IoT valves market are providing regular valves.

The IoT ball valve is ideal for many well water, home filtrations, and commercial & municipal applications where water needs to be flushed regularly, scheduled for shut-off, or flushed via a smart IoT application. The ball valve is app-driven and pairs with a smartphone or a home automation system with Google or Alexa. These ball valves are designed to be used in water applications and with various other fluids. Various players provide ball valves; for example, Vu-Flow provides Vu-Flow 1 ball valves, which are ideal for applications where water or other fluids need to be flushed periodically or scheduled for shut-off. The product can be paired with Vu-Flow water filters for contaminated water applications and help flush the filter to prevent clogging automatically. It has a durable stainless steel ball valve, reinforced Teflon seals, and IP67 waterproof housing.

The IoT butterfly valves allow for closed, open, or partially open operation (users can select any angle between fully open and completely closed), which makes it a good solution for vacuum system integration, automation, remote valve placement, control, and precision throttling. Various players across Germany have launched butterfly valve. For example, in July 2022, Valmet extended its versatile butterfly valve product range with Neles Q-Disc. The product can be used to avoid oversized actuators for control valve packages and help provide a solution that is more cost and energy-efficient. Its feature offers customers a best-in-class flow-balancing solution and great controllability to improve overall process efficiency. Such product launches propelled the growth of the butterfly valves subsegment in the Germany IoT valves market.

The report includes growth prospects owing to the current Germany IoT valves market trends and their foreseeable impact during the forecast period. Klinger Schoneberg GmbH, TW Technology GMBH, Carrier Global Corp, IMI Plc, Ultra Clean Holdings Inc, Siemens AG, Flowserve Corp, Honeywell International Inc, Larsen & Toubro Ltd, and Belimo Holding AG are among the key players profiled in the Germany IoT valves market report. Several other major market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem. The Germany IoT valves market forecast can help stakeholders plan their growth strategies.

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