NORTHFIELD, Illinois -- Powerful advances in the Industrial Internet of Things (IIoT) will drive more than $11 billion worth of growth in the valve industry by 2025, according to a new report by market research company The McIlvaine Company.
IIoT
Next-generation software offers affordable self-service predictive analytics and easy search to the process industries.
The pump sector is well-positioned to reap the rewards of what many are calling the Fourth Industrial Revolution.
Adoption of the IIoT will affect a broad range of market segments, including mining.