Market Overview:
The global automatic balancing 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 automatic balancing valves in HVAC and heating systems. Additionally, the growing demand for energy-efficient systems is also contributing to the growth of this market. The global automatic balancing valves market can be segmented on the basis of type and application. On the basis of type, it can be divided into copper and iron balancers. Copper balancers are more popular than iron balancers as they are corrosion-resistant and have a longer life span than iron balancers. On the basis of application, it can be classified into HVAC, heating system, and others (pumps, compressors).
Product Definition:
An automatic balancing valve is a device that is used to maintain the pressure differential between two sides of a system. The valve helps to ensure that the pressure on each side of the system remains balanced and equal. This helps to prevent any imbalance from occurring within the system, which could potentially cause damage or problems. Automatic balancing valves are important because they help to maintain equilibrium and stability within a system.
Copper:
Copper is a metal and has the ability to absorb heat. It also helps in conducting electricity. Copper used in the manufacturing of automatic balancing valves is alloyed with other metals such as tin, aluminum, or steel to improve its mechanical properties and electrical conductivity.
Cu-Zn (75%), Cu-Sn (40%), and Cu-Al (20%).
Iron:
Iron is a mineral and it's main group is metal. It has two forms namely ferrous iron and non-ferrous iron. The difference between the two types of iron mainly lies in the way they are used. Ferrous contains oxygen while non-ferrous does not contain oxygen. Iron ore consists of pure iron that can be extracted easily through mining process, which makes it an important raw material for manufacturing automatic balancing valves market globally as well as in India too.
Application Insights:
The heating system segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to technological advancements, rising demand for energy-efficient solutions and increasing government funding towards renewable energy projects across the globe.
The global HVAC industry has been witnessing significant growth over recent years on account of increasing construction spending in emerging economies such as China, India and Brazil along with stable economic development in developed regions such as North America and Europe. Technological advancements have also paved way for smart HVAC systems that are connected to the internet so that they can communicate with each other as well as external devices like thermostats or controllers which further drives demand globally.
Regional Analysis:
Asia Pacific automatic balancers valves market is expected to grow at the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing energy demand in emerging economies such as China and India coupled with growing industrialization. In addition, rising investments in HVAC & refrigeration are also anticipated to drive the regional market over the forecast period.
The Middle East & Africa region is projected to witness significant growth owing to major projects such as King Abdullah Economic City (KAEC) being built across Saudi Arabia which will have a huge impact on its energy sector and other sectors including water treatment, transportation, etc., thereby driving overall development of KSA economy thus leading into higher demand for various products including balancing valves for domestic applications.
Growth Factors:
- Increasing demand from the end-user industries for automatic balancing valves to maintain process stability and optimize production efficiency.
- Growing popularity of automated control systems in various industrial sectors that require efficient and accurate flow control of fluids.
- Proliferation of micro-electromechanical systems (MEMS) technology in the manufacturing sector, which is aiding the development of low-cost and high performance automatic balancing valves.
- Rising investments by valve manufacturers in R&D activities to develop innovative products that can cater to specific needs of different industries segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Balancing Valves Market Research Report
By Type
Copper, Iron
By Application
HAVC, Heating System, Others
By Companies
IMI Hydronic, Danfoss, Frese A/S, Caleffi, VIR Group, Crane Fluid Systems, Oventrop, IVAR Group, Honeywell, Armstrong, IMI Hydronic, Nibco
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Balancing Valves Market Report Segments:
The global Automatic Balancing Valves market is segmented on the basis of:
Types
Copper, Iron
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, Others
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
- Danfoss
- Frese A/S
- Caleffi
- VIR Group
- Crane Fluid Systems
- Oventrop
- IVAR Group
- Honeywell
- Armstrong
- IMI Hydronic
- Nibco
Highlights of The Automatic 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:
- Copper
- Iron
- By Application:
- HAVC
- Heating System
- Others
- 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 Automatic 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An automatic balancing valve is a device that helps to maintain the balance of fluids in an engine. When the engine is running, it uses fuel and air to turn gears which causes a pressure difference between the inside and outside of the engine. The valves on either side of the piston are opened and closed as needed to keep this pressure difference constant.
Some of the key players operating in the automatic balancing valves market are IMI Hydronic, Danfoss, Frese A/S, Caleffi, VIR Group, Crane Fluid Systems, Oventrop, IVAR Group, Honeywell, Armstrong, IMI Hydronic, Nibco.
The automatic balancing valves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Balancing Valves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Balancing Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Balancing Valves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Balancing Valves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Balancing Valves Market Size & Forecast, 2020-2028
4.5.1 Automatic Balancing Valves Market Size and Y-o-Y Growth
4.5.2 Automatic Balancing Valves Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Copper
5.2.2 Iron
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 HAVC
6.2.2 Heating System
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Balancing Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Balancing Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Copper
9.6.2 Iron
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 HAVC
9.10.2 Heating System
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Copper
10.6.2 Iron
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 HAVC
10.10.2 Heating System
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Copper
11.6.2 Iron
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 HAVC
11.10.2 Heating System
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Copper
12.6.2 Iron
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 HAVC
12.10.2 Heating System
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Copper
13.6.2 Iron
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 HAVC
13.10.2 Heating System
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Balancing Valves Market: Competitive Dashboard
14.2 Global Automatic Balancing Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IMI Hydronic
14.3.2 Danfoss
14.3.3 Frese A/S
14.3.4 Caleffi
14.3.5 VIR Group
14.3.6 Crane Fluid Systems
14.3.7 Oventrop
14.3.8 IVAR Group
14.3.9 Honeywell
14.3.10 Armstrong
14.3.11 IMI Hydronic
14.3.12 Nibco
