Market Overview:
The global radiator thermostats market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating systems and rising awareness about energy conservation. Radiator thermostats are used in residential and commercial applications for regulating the temperature of radiators. The global radiator thermostats market is segmented on the basis of type, application, and region. On the basis of type, it is divided into angled and straight types. The angled type dominates the global radiator thermostats market owing to its easy installation process and low price point as compared to straight types. On the basis of application, it is classified into residential and commercial applications. The commercial segment dominates this market due to increased demand from offices, hospitals, schools, etc.
Product Definition:
A radiator thermostat is a device used to regulate the temperature of a radiator. It is usually located near the top of the radiator and consists of a metal disc with a small hole in the middle. When hot water passes through the radiator, it causes the metal disc to expand, closing off the hole and preventing more hot water from flowing through. This allows the water to cool down before returning to the boiler, which helps maintain a consistent temperature throughout your home.
Angled:
An angled radiator thermostat is a type of heating appliance used to control the temperature of an area or room. It works by directing heat from one side, usually through a single pipe, and allowing it to reach the other side where it is needed. The product has numerous benefits over conventional products such as fixed-base and portable radiators which are expected to drive its growth in the foreseeable future.
Straight:
The straight and it’s usage in radiator thermostats market is used to control the temperature of a vehicle engine. It is also known as the resistance or thermometer wire. The resistance value changes according to the temperature difference between the inside and outside of a car. This device helps in maintaining constant engine temperatures, thus ensuring efficient performance throughout its life cycle by avoiding overheating or underheating situations which may damage its components over time.
Application Insights:
The residential application segment accounted for the largest share of over 60.0% in 2017. Radiator thermostats are widely used in residential applications as they offer an easy to use interface and a range of features that enhance the user¢â‚¬â„¢s experience. These devices can be connected to a home network, which enables users to control them remotely using smartphones or computers. Additionally, they have been designed with smart features that enable them to adjust temperatures automatically based on pre-set schedules or when needed.
Radiator thermostats are also available with built-in security systems that protect homes from overheating by shutting down equipment when the temperature reaches preset levels.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for luxury vehicles in countries, such as China and India. Moreover, rising construction activities in emerging economies are likely to drive product demand further.
Europe was estimated at USD X million in 2016 and is anticipated to grow at a CAGR of XX% from 2017 to 2030 due primarily growth automotive industry which has been witnessing significant developments across European countries including Germany, France Italy.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Rising awareness about the benefits of using radiator thermostats
- Technological advancements in the field of radiator thermostats
- Growing popularity of smart homes and home automation systems
- Rising demand from residential and commercial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiator Thermostats Market Research Report
By Type
Angled, Straight
By Application
Residential, Commerical
By Companies
Danfoss, Tado, Hoenywell, Giacomini, Eq-3, Eurotronic, Imi Hydronic Engineering, Drayton, Herz Valves, Cassellie, Saswell, Zhejiang Changfei Fluid Intelligent Control Co., Ltd., Jiangxi Avonflow Hvac Tech Co., Ltd, Dahl Brothers Canada Limited Company, Caleffi, Pegler Yorkshire, Oventrop, Mayson
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Radiator Thermostats Market Report Segments:
The global Radiator Thermostats market is segmented on the basis of:
Types
Angled, Straight
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
Residential, Commerical
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:
- Danfoss
- Tado
- Hoenywell
- Giacomini
- Eq-3
- Eurotronic
- Imi Hydronic Engineering
- Drayton
- Herz Valves
- Cassellie
- Saswell
- Zhejiang Changfei Fluid Intelligent Control Co., Ltd.
- Jiangxi Avonflow Hvac Tech Co., Ltd
- Dahl Brothers Canada Limited Company
- Caleffi
- Pegler Yorkshire
- Oventrop
- Mayson
Highlights of The Radiator Thermostats 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:
- Angled
- Straight
- By Application:
- Residential
- Commerical
- 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 Thermostats 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
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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 thermostat is a device that helps regulate the temperature of a radiator. It allows the user to set a desired temperature and then monitors the temperature to make sure it stays within that range. If it falls outside of that range, the thermostat will activate an alarm or heat pump system to bring the temperature back up to where it should be.
Some of the major players in the radiator thermostats market are Danfoss, Tado, Hoenywell, Giacomini, Eq-3, Eurotronic, Imi Hydronic Engineering, Drayton, Herz Valves, Cassellie, Saswell, Zhejiang Changfei Fluid Intelligent Control Co., Ltd., Jiangxi Avonflow Hvac Tech Co., Ltd, Dahl Brothers Canada Limited Company, Caleffi, Pegler Yorkshire, Oventrop, Mayson.
The radiator thermostats 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 Radiator Thermostats 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 Radiator Thermostats Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Radiator Thermostats 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 Radiator Thermostats 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 Radiator Thermostats Market Size & Forecast, 2020-2028 4.5.1 Radiator Thermostats Market Size and Y-o-Y Growth 4.5.2 Radiator Thermostats 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 Angled
5.2.2 Straight
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 Residential
6.2.2 Commerical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiator Thermostats 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 Radiator Thermostats 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 Angled
9.6.2 Straight
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 Residential
9.10.2 Commerical
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 Angled
10.6.2 Straight
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 Residential
10.10.2 Commerical
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 Angled
11.6.2 Straight
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 Residential
11.10.2 Commerical
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 Angled
12.6.2 Straight
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 Residential
12.10.2 Commerical
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 Angled
13.6.2 Straight
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 Residential
13.10.2 Commerical
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 Radiator Thermostats Market: Competitive Dashboard
14.2 Global Radiator Thermostats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danfoss
14.3.2 Tado
14.3.3 Hoenywell
14.3.4 Giacomini
14.3.5 Eq-3
14.3.6 Eurotronic
14.3.7 Imi Hydronic Engineering
14.3.8 Drayton
14.3.9 Herz Valves
14.3.10 Cassellie
14.3.11 Saswell
14.3.12 Zhejiang Changfei Fluid Intelligent Control Co., Ltd.
14.3.13 Jiangxi Avonflow Hvac Tech Co., Ltd
14.3.14 Dahl Brothers Canada Limited Company
14.3.15 Caleffi
14.3.16 Pegler Yorkshire
14.3.17 Oventrop
14.3.18 Mayson