Market Overview:
The global balancing valves market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market is segmented by type, application, and region. The automatic balancing valves segment holds a comparatively larger share in the global market, which accounts for about 72%. The HAVC sector holds an important share in terms of applications and accounts for 67% of the market share. In terms of regions, North America dominates the global balancing valves market with a 38% share followed by Europe with 31%. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
A balancing valve is a type of valve that is used to adjust the flow of fluids in a system in order to achieve equilibrium. This type of valve is important because it can help to ensure that the system operates efficiently and does not experience any unwanted pressure fluctuations.
Manual Balancing Valves:
Manual balancing valves are used in the process of oil & gas production. These valves are installed at the bottom of a well to regulate and control fluid movement between two connected sections of pipe. The main function performed by these devices is to keep pressure fluctuations within limits and prevent damage to downhole equipment or surface facilities caused by high-pressure fluctuations.
Automatic Balancing Valves:
Automatic balancing valves are used in oil & gas and water treatment plants for the purpose of maintaining an accurate flow of fluids through the plant. These devices are mainly installed at downstream (lower) end of a process where there is a constant pressure or flow requirement to be maintained across an opening. The upstream (upper) end typically has no valve present, however in some cases there may be manual valves present to control high-pressure/high flow situations.
Application Insights:
The heating system segment is anticipated to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for balancing valves in residential and commercial buildings, which require controlled temperature throughout the building. Balancing valves are used in various types of heating systems such as resistance, proportional-integral-, integral-, andadiwalisheating systems among others.
Other applications include petrochemical plants, power generation facilities, pulp and paper mills among others. In power generation facilities, balancing valves are used for controlling steam supply & exhaust gases from turbines through pipes or ducts with desired flow rates & temperatures respectively by opening or closing off the valve accordingly thereby maintaining required plant conditions such as pressure levels within boiler tubes etcetera (For more details on application scope refer appendix).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, with a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for HVAC in emerging economies such as China and India. In addition, rising construction activities due to growing population are anticipated to drive the market over the forecast period.
The Middle East & Africa is also likely have significant growth opportunities owing to rapid development in countries such as Saudi Arabia and UAE that are witnessing an increase in infrastructural developments including hospitals, airports etc., which will leadto an increasein energy consumption for heating and cooling purposes thereby drivingthe overall balancer valve market over time.
North America was valued at USD X million in 2017 owing high adoption rates of advanced technologies coupled with large end-user industries present across U S A.
Growth Factors:
- Increasing demand from the oil and gas industry for balancing valves to maintain pressure and flow in pipelines
- Growing popularity of smart valves that can be controlled remotely to improve efficiency and optimize operations
- Rising investment in infrastructure development, which is expected to create opportunities for growth in the balancing valves market
- Proliferation of micro-hydropower plants, as these systems require balancing valves for efficient operation
- Technological advancements that have led to the development of more sophisticated and reliable balancing valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Balancing Valves Market Research Report
By Type
Manual Balancing Valves, Automatic Balancing Valves, , The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
By Application
HAVC, Heating System, Other, , The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
By Companies
IMI Hydronic, Honeywell, Danfoss, Oventrop, Frese A/S, Caleffi, VIR Group, Crane Fluid Systems, IVAR Group, Armstrong, Grinnell, Nibco, Zhengfeng Valve, Shanghai QIGAO, Shanghai Outelai, Shanghai NEEINN, Hebei Balance-Valve
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Balancing Valves Market Report Segments:
The global Balancing Valves market is segmented on the basis of:
Types
Manual Balancing Valves, Automatic Balancing Valves, , The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
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
HAVC, Heating System, Other, , The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
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:
- IMI Hydronic
- Honeywell
- Danfoss
- Oventrop
- Frese A/S
- Caleffi
- VIR Group
- Crane Fluid Systems
- IVAR Group
- Armstrong
- Grinnell
- Nibco
- Zhengfeng Valve
- Shanghai QIGAO
- Shanghai Outelai
- Shanghai NEEINN
- Hebei Balance-Valve
Highlights of The Balancing 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 Balancing Valves
- Automatic Balancing Valves
- The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
- By Application:
- HAVC
- Heating System
- Other
- The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
- 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 Balancing 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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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?
Balancing valves are used to equalize the pressure in two different parts of a system.
Some of the key players operating in the balancing valves market are IMI Hydronic, Honeywell, Danfoss, Oventrop, Frese A/S, Caleffi, VIR Group, Crane Fluid Systems, IVAR Group, Armstrong, Grinnell, Nibco, Zhengfeng Valve, Shanghai QIGAO, Shanghai Outelai, Shanghai NEEINN, Hebei Balance-Valve.
The balancing valves market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Balancing 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. Balancing Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Balancing Valves Market - Supply Chain
4.5. Global Balancing Valves Market Forecast
4.5.1. Balancing Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Balancing Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Balancing Valves Market Absolute $ Opportunity
5. Global Balancing 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. Balancing Valves Market Size and Volume Forecast by Type
5.3.1. Manual Balancing Valves
5.3.2. Automatic Balancing Valves
5.3.4. The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Balancing 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. Balancing Valves Market Size and Volume Forecast by Application
6.3.1. HAVC
6.3.2. Heating System
6.3.3. Other
6.3.5. The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Balancing 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. Balancing 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 Balancing 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. Balancing 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 Balancing Valves Demand Share Forecast, 2019-2026
9. North America Balancing 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 Balancing 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 Balancing Valves Market Size and Volume Forecast by Application
9.4.1. HAVC
9.4.2. Heating System
9.4.3. Other
9.4.5. The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Balancing Valves Market Size and Volume Forecast by Type
9.7.1. Manual Balancing Valves
9.7.2. Automatic Balancing Valves
9.7.4. The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
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 Balancing Valves Demand Share Forecast, 2019-2026
10. Latin America Balancing 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 Balancing 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 Balancing Valves Market Size and Volume Forecast by Application
10.4.1. HAVC
10.4.2. Heating System
10.4.3. Other
10.4.5. The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Balancing Valves Market Size and Volume Forecast by Type
10.7.1. Manual Balancing Valves
10.7.2. Automatic Balancing Valves
10.7.4. The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
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 Balancing Valves Demand Share Forecast, 2019-2026
11. Europe Balancing 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 Balancing 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 Balancing Valves Market Size and Volume Forecast by Application
11.4.1. HAVC
11.4.2. Heating System
11.4.3. Other
11.4.5. The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Balancing Valves Market Size and Volume Forecast by Type
11.7.1. Manual Balancing Valves
11.7.2. Automatic Balancing Valves
11.7.4 The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
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 Balancing Valves Demand Share, 2019-2026
12. Asia Pacific Balancing 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 Balancing 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 Balancing Valves Market Size and Volume Forecast by Application
12.4.1. HAVC
12.4.2. Heating System
12.4.3. Other
12.4.5. The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Balancing Valves Market Size and Volume Forecast by Type
12.7.1. Manual Balancing Valves
12.7.2. Automatic Balancing Valves
12.7.4. The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
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 Balancing Valves Demand Share, 2019-2026
13. Middle East & Africa Balancing 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 Balancing 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 Balancing Valves Market Size and Volume Forecast by Application
13.4.1. HAVC
13.4.2. Heating System
13.4.3. Other
13.4.5. The HAVC holds an important share in terms of applications, and accounts for 67% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Balancing Valves Market Size and Volume Forecast by Type
13.7.1. Manual Balancing Valves
13.7.2. Automatic Balancing Valves
13.7.4. The segment of automatic balancing valves hold a comparatively larger share in global market, which accounts for about 72%.
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 Balancing Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Balancing Valves Market: Market Share Analysis
14.2. Balancing Valves Distributors and Customers
14.3. Balancing Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IMI Hydronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Danfoss
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Oventrop
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Frese A/S
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Caleffi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VIR Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Crane Fluid Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IVAR Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Armstrong
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Grinnell
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nibco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhengfeng Valve
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai QIGAO
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Outelai
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai NEEINN
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hebei Balance-Valve
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
