Market Overview:
The global radiator valves market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient heating systems and rising awareness about energy savings among consumers. In addition, the growing construction and renovation activities are also propelling the growth of this market. The global radiator valves market is segmented on the basis of type, application, and region. On the basis of type, it is divided into manual radiator valves, thermostatic radiator valves, and traditional valves. The manual radiator valve segment dominates this market owing to its low cost as compared to other types of radiators valves available in the market. However, with technological advancements being made in this field on a regular basis; thermostatic radiator valve is expected to witness high growth during the forecast period owing to its ability regulate water flow according to room temperature which helps save energy consumption by up to 30%. On account of application; it is classified into hot water system and steam heating system segments respectively . Among these two segments ,hot water system dominates due t oits widespread use across residential & commercial buildings .Regionally ,the global Radiator Valves Marketis analyzed under various regions namely North America ,Latin America Europe Asia Pacificand Middle East&Africa .
Product Definition:
A radiator valve is a type of valve used to regulate the flow of fluid, such as water or steam, through a pipe or system. Radiator valves are typically used to control the temperature of a room by regulating the amount of heat that is transferred from the radiator to the surrounding air. There are several different types of radiator valves, but all operate in essentially the same way.
Manual Radiator Valves:
Manual radiator valves are operated by a handle, and they open or close a valve to allow the flow of fluid. These devices are mainly used in radiators for heating systems but can also be used in water pumps, steam engines and air conditioning compressors. The growth factor for this market is that these manual valves have an advantage over electric ones as they can be turned on or off according to requirements without any loss of pressure.
Thermostatic Radiator Valves:
Thermostatic radiator valves are a type of temperature-controlled valve. They open and close according to the temperature difference between the surrounding environment and the inside of the radiator. These devices help in maintaining an even distribution of heat within a closed system, such as a car's engine block.
The working principle behind these valves is based on two sensors - one for sensing ambient room temperature, and another for sensing engine/blockage temperatures respectively.
Application Insights:
The hot water system application segment dominated the global radiator valves market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand for energy efficient solutions and a growing preference for solar-heated water across residential and commercial buildings. Radiator valves are used to control the flow of hot water from a boiler into radiators or tanks at homes, hotels, restaurants and other similar establishments.
Radiator valves are also used in steam heating systems where high temperature resistant cast iron is required due to its ability to handle high temperatures with ease while maintaining low levels of heat loss as compared to other materials such as steel or aluminum which are commonly used for this purpose.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for radiators in developing countries such as India, China, and Japan. In addition, rising construction activities in these regions are likely to boost product demand further.
The Asia Pacific market was followed by Europe that accounted for a share of more than 20% in 2017 owing to high manufacturing volume of radiators across several countries including Germany, France, Italy, U.K., and Russia among others.
Growth Factors:
- Increasing demand for energy-efficient radiators
- Growing construction and renovation activities in developed countries
- Rising awareness about the benefits of radiator valves among consumers
- Technological advancements in the manufacturing of radiator valves
- Stringent government regulations to promote energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiator Valves Market Research Report
By Type
Manual Radiator Valves, Thermostatic Radiator Valves, Traditional Valves
By Application
Hot Water System, Steam Heating System
By Companies
Siemens, Danfoss, Honeywell, Herz, Pegler Yorkshire., IVAR Group, Drayton, Grundfos, Bosch, Arroll, Devolo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Radiator Valves Market Report Segments:
The global Radiator Valves market is segmented on the basis of:
Types
Manual Radiator Valves, Thermostatic Radiator Valves, Traditional Valves
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hot Water System, Steam Heating System
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Danfoss
- Honeywell
- Herz
- Pegler Yorkshire.
- IVAR Group
- Drayton
- Grundfos
- Bosch
- Arroll
- Devolo
Highlights of The Radiator Valves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Radiator Valves
- Thermostatic Radiator Valves
- Traditional Valves
- By Application:
- Hot Water System
- Steam Heating System
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radiator Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A radiator valve is a device that regulates the flow of water through a radiator. It is typically a small, metal lever with two positions: open and closed. When the valve is in the closed position, less water flows through the radiator; when it's in the open position, more water flows through.
Some of the major players in the radiator valves market are Siemens, Danfoss, Honeywell, Herz, Pegler Yorkshire., IVAR Group, Drayton, Grundfos, Bosch, Arroll, Devolo.
The radiator valves market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Radiator Valves Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Radiator Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Radiator Valves Market - Supply Chain
4.5. Global Radiator Valves Market Forecast
4.5.1. Radiator Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Radiator Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Radiator Valves Market Absolute $ Opportunity
5. Global Radiator Valves Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Radiator Valves Market Size and Volume Forecast by Type
5.3.1. Manual Radiator Valves
5.3.2. Thermostatic Radiator Valves
5.3.3. Traditional Valves
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Radiator Valves Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Radiator Valves Market Size and Volume Forecast by Application
6.3.1. Hot Water System
6.3.2. Steam Heating System
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Radiator Valves Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Radiator Valves Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Radiator Valves Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Radiator Valves Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Radiator Valves Demand Share Forecast, 2019-2026
9. North America Radiator Valves Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Radiator Valves Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Radiator Valves Market Size and Volume Forecast by Application
9.4.1. Hot Water System
9.4.2. Steam Heating System
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Radiator Valves Market Size and Volume Forecast by Type
9.7.1. Manual Radiator Valves
9.7.2. Thermostatic Radiator Valves
9.7.3. Traditional Valves
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Radiator Valves Demand Share Forecast, 2019-2026
10. Latin America Radiator Valves Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Radiator Valves Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Radiator Valves Market Size and Volume Forecast by Application
10.4.1. Hot Water System
10.4.2. Steam Heating System
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Radiator Valves Market Size and Volume Forecast by Type
10.7.1. Manual Radiator Valves
10.7.2. Thermostatic Radiator Valves
10.7.3. Traditional Valves
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Radiator Valves Demand Share Forecast, 2019-2026
11. Europe Radiator Valves Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Radiator Valves Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Radiator Valves Market Size and Volume Forecast by Application
11.4.1. Hot Water System
11.4.2. Steam Heating System
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Radiator Valves Market Size and Volume Forecast by Type
11.7.1. Manual Radiator Valves
11.7.2. Thermostatic Radiator Valves
11.7.3. Traditional Valves
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Radiator Valves Demand Share, 2019-2026
12. Asia Pacific Radiator Valves Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Radiator Valves Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Radiator Valves Market Size and Volume Forecast by Application
12.4.1. Hot Water System
12.4.2. Steam Heating System
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Radiator Valves Market Size and Volume Forecast by Type
12.7.1. Manual Radiator Valves
12.7.2. Thermostatic Radiator Valves
12.7.3. Traditional Valves
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Radiator Valves Demand Share, 2019-2026
13. Middle East & Africa Radiator Valves Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Radiator Valves Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Radiator Valves Market Size and Volume Forecast by Application
13.4.1. Hot Water System
13.4.2. Steam Heating System
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Radiator Valves Market Size and Volume Forecast by Type
13.7.1. Manual Radiator Valves
13.7.2. Thermostatic Radiator Valves
13.7.3. Traditional Valves
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Radiator Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Radiator Valves Market: Market Share Analysis
14.2. Radiator Valves Distributors and Customers
14.3. Radiator Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Danfoss
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Herz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pegler Yorkshire.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IVAR Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Drayton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Grundfos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bosch
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Arroll
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Devolo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
