Market Overview:
The global thermostatic 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 buildings and appliances, and the growing awareness about energy conservation among consumers. In addition, the increasing demand for multifunctional thermostatic valves from commercial applications is also contributing to the growth of this market. The global thermostatic valves market can be segmented on the basis of type into multifunctional thermostatic valve and ordinary thermostatic valve.
Product Definition:
A thermostatic valve is a type of valve that can automatically adjust the temperature of water or other fluids by regulating the amount of fluid flowing through it. Thermostatic valves are used in a variety of applications, including plumbing, HVAC and automotive systems. They are important because they help maintain a consistent temperature and prevent fluctuations that could damage equipment or cause discomfort to users.
Multifunctional Thermostatic Valve:
Multifunctional Thermostatic Valve, commonly known as temperature valve or thermometer valve is a device that regulates flow in two ways; it can be used for controlling the flow of liquids and gases. It has applications in heating, cooling & ventilating systems. The multifunctional thermostatic valves are available with different configurations and materials to suit the application requirements.
Ordinary Thermostatic Valve:
An ordinary thermostatic valve is a device used to control temperature. It consists of two parts, namely the stem and the seat. The stem is usually made up of metal and it has a small opening at its tip for allowing flow of liquid in the desired direction. On the other end, there is a flexible rubber part which seals around it and creates an airtight seal, thereby controlling temperature.
Application Insights:
The commercial use segment dominated the global thermostatic valves market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to an increase in demand from various industries such as oil & gas, power generation and petrochemicals among others. In addition, factors such as growing construction industry across developing countries including China and India is expected to drive the product demand over the forecast period.
Household use accounted for a significant share of 31.1% in 2017 owing to rising awareness about energy conservation among consumers globally including residential buildings and industrial facilities that utilize HVAC systems with THVs installed are on a rise worldwide which is likely to fuel product demand over the forecast period further driving growth through 2022 ¢â‚¬â€œ 2030.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to rising demand from residential and commercial sectors. The region is anticipated to grow at a CAGR of XX% in terms of revenue from 2018 to 2030, which can be attributed primarily to increasing industrial activities coupled with growing population in China and India. Furthermore, government initiatives such as “Make in India†are expected drive growth across these countries, thereby driving overall industry expansion over the coming years.
Europe was valued at USD X million in 2017 and is projected to expand further during the forecast period on account of rising demand for thermostatic valves from several industries including HVAC & refrigeration, water treatment plants & breweries among others due mainlyto their requirement for maintaining constant temperature within their premises or while transporting goods/fluids between two places.
Growth Factors:
- Increasing demand for energy-efficient systems: The global thermostatic valves market is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient systems, which helps in reducing the overall operating costs.
- Rising investments in infrastructure development: The growing investments in infrastructure development across the globe are also expected to drive the market growth during the forecast period.
- Technological advancements: The advent of new technologies has led to innovative products being launched in the thermostatic valves market, thereby propelling its growth rate further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermostatic Valves Market Research Report
By Type
Multifunctional Thermostatic Valve, Ordinary Thermostatic Valve
By Application
Household Use, Commercial Use
By Companies
Danfoss, Oventrop GmbH, Pegler Yorkshire, Rossweiner, Honeywell, Drayton, Emmeti, Zhejiang Valogin, Siemens, Myson, Eph, Herz, Intatec, IMI Hydronic Engineering, Purmo, Wofor, Rettig ICC, Menred, Frese Group
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Thermostatic Valves Market Report Segments:
The global Thermostatic Valves market is segmented on the basis of:
Types
Multifunctional Thermostatic Valve, Ordinary Thermostatic Valve
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
Household Use, Commercial Use
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
- Oventrop GmbH
- Pegler Yorkshire
- Rossweiner
- Honeywell
- Drayton
- Emmeti
- Zhejiang Valogin
- Siemens
- Myson
- Eph
- Herz
- Intatec
- IMI Hydronic Engineering
- Purmo
- Wofor
- Rettig ICC
- Menred
- Frese Group
Highlights of The Thermostatic 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:
- Multifunctional Thermostatic Valve
- Ordinary Thermostatic Valve
- By Application:
- Household Use
- Commercial Use
- 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 Thermostatic 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
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- Consumer Insights
- Understanding Competition Scenario
- 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?
Thermostatic valves are devices that allow a controlled flow of water, gas, or oil. They are used in heating and cooling systems to maintain a desired temperature.
Some of the major companies in the thermostatic valves market are Danfoss, Oventrop GmbH, Pegler Yorkshire, Rossweiner, Honeywell, Drayton, Emmeti, Zhejiang Valogin, Siemens, Myson, Eph, Herz, Intatec, IMI Hydronic Engineering, Purmo, Wofor, Rettig ICC, Menred, Frese Group.
The thermostatic 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 Thermostatic 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 Thermostatic Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermostatic 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 Thermostatic 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 Thermostatic Valves Market Size & Forecast, 2018-2028
4.5.1 Thermostatic Valves Market Size and Y-o-Y Growth
4.5.2 Thermostatic Valves Market Absolute $ Opportunity
Chapter 5 Global Thermostatic Valves 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 Thermostatic Valves Market Size Forecast by Type
5.2.1 Multifunctional Thermostatic Valve
5.2.2 Ordinary Thermostatic Valve
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermostatic Valves 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 Thermostatic Valves Market Size Forecast by Applications
6.2.1 Household Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermostatic 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 Thermostatic 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 Thermostatic Valves Analysis and Forecast
9.1 Introduction
9.2 North America Thermostatic Valves 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 Thermostatic Valves Market Size Forecast by Type
9.6.1 Multifunctional Thermostatic Valve
9.6.2 Ordinary Thermostatic Valve
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 Thermostatic Valves Market Size Forecast by Applications
9.10.1 Household Use
9.10.2 Commercial Use
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 Thermostatic Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Thermostatic Valves 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 Thermostatic Valves Market Size Forecast by Type
10.6.1 Multifunctional Thermostatic Valve
10.6.2 Ordinary Thermostatic Valve
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 Thermostatic Valves Market Size Forecast by Applications
10.10.1 Household Use
10.10.2 Commercial Use
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 Thermostatic Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermostatic Valves 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 Thermostatic Valves Market Size Forecast by Type
11.6.1 Multifunctional Thermostatic Valve
11.6.2 Ordinary Thermostatic Valve
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 Thermostatic Valves Market Size Forecast by Applications
11.10.1 Household Use
11.10.2 Commercial Use
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 Thermostatic Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermostatic Valves 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 Thermostatic Valves Market Size Forecast by Type
12.6.1 Multifunctional Thermostatic Valve
12.6.2 Ordinary Thermostatic Valve
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 Thermostatic Valves Market Size Forecast by Applications
12.10.1 Household Use
12.10.2 Commercial Use
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) Thermostatic Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermostatic Valves 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) Thermostatic Valves Market Size Forecast by Type
13.6.1 Multifunctional Thermostatic Valve
13.6.2 Ordinary Thermostatic Valve
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) Thermostatic Valves Market Size Forecast by Applications
13.10.1 Household Use
13.10.2 Commercial Use
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 Thermostatic Valves Market: Competitive Dashboard
14.2 Global Thermostatic Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danfoss
14.3.2 Oventrop GmbH
14.3.3 Pegler Yorkshire
14.3.4 Rossweiner
14.3.5 Honeywell
14.3.6 Drayton
14.3.7 Emmeti
14.3.8 Zhejiang Valogin
14.3.9 Siemens
14.3.10 Myson
14.3.11 Eph
14.3.12 Herz
14.3.13 Intatec
14.3.14 IMI Hydronic Engineering
14.3.15 Purmo
14.3.16 Wofor
14.3.17 Rettig ICC
14.3.18 Menred
14.3.19 Frese Group
