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According to a new comprehensive report from The Insight Partners, the high penetration of the Internet worldwide, coupled with initiatives by key market players to promote the use of digital technologies for seamless and smooth business operations and human error reduction, catalyzes the adoption of IoT valves. Additionally, the adoption of IoT valves is increasing in wastewater management. IoT valves are used in wastewater treatment plants to control the flow of wastewater. Because of which, various companies are launching new smart valves. January 2021, GF Piping Systems introduced its process automation innovations and spotlighted its new Butterfly Valve 565.

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Smart Elevator Market Worth $43.91 Billion, Globally, by 2031 - Exclusive Report by The Insight Partners

The global smart elevator market is expanding due to growing urbanization, rising demand for energy-efficient systems, growing demand for security, and surge in wireless technology adoptions. Furthermore, the Smart Elevator Market Growth, Size, and Analysis by 2031 is expected to witness lucrative opportunities during the projected period due to the increased demand for eco-friendly technologies. In addition to extended stability and consistency, the increasing use of digital systems due to secu
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