VALVEPARK

Control valves are an essential component of industrial processes, as they are responsible for regulating the flow of fluids, gases, and other materials. As such, control valves play a critical role in maintaining process efficiency, safety, and product quality. In recent years, there has been a significant shift in the control valve industry towards the use of smart technology. Smart control valves are equipped with sensors and digital communication capabilities that allow for real-time monitoring and control of the valve's performance. This enables operators to quickly identify and address any issues, as well as optimize performance for improved energy efficiency. The use of smart control valves is expected to continue to grow in the coming years. According to a report by MarketsandMarkets, the global smart control valve market size is projected to reach USD 1.3 billion by 2025, growing at a CAGR of 7.5% from 2020 to 2025. Another trend in the control valve industry is an increa...