Market Overview:
The global pressure independent control valves (PICV) 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 thread PICV segment holds a comparatively larger share in global market, which accounts for about 90%%. The commercial holds an important share in terms of applications, and accounts for 65% of the market share. In terms of regions, North America dominates the global pressure independent control valves (PICV) market with a 38% share followed by Europe with 31%.
 Industry Outlook.svg)
Product Definition:
A pressure independent control valve (PICV) is a type of solenoid valve that maintains a set flow rate, regardless of the upstream or downstream pressure. This is important for controlling the flow of fluids in HVAC and plumbing systems where fluctuations in pressure can occur.
Thread PICV:
The global thread PICV market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for pressure independent control valves from various end-use industries such as oil & gas, chemical processing, water treatment, power generation, pharmaceuticals is anticipated to drive the growth of this market during the forecast period.
Increasing exploration activities in both onshore.
Flange PICV:
Flange PICV is a pressure-tight connection between the piping system of the process and valve. It helps in preventing backflow, which is caused by aeration or cavitation in the piping system. Flange Picv valves are used for controlling high-pressure processes that require tight connections such as injection molding, compounding, and blending operations.
Application Insights:
The industrial application segment is expected to expand at the fastest CAGR of XX% over the forecast period. The growth can be attributed to a rise in demand for pressure independent control valves from various industries including oil & gas, chemical, petrochemical, power generation and pharmaceuticals. In addition, these products are used in several applications such as water treatment plants and natural gas processing plants among others which further boosts their demand globally.
The residential sector is estimated to witness a considerable CAGR of XX% over the forecast period owing to rising population coupled with increasing disposable income across several countries worldwide including India China Indonesia Japan Brazil etcetera) has positively influenced product demand in this segment significantly since past few years.
Regional Analysis:
The market in Europe is anticipated to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for energy-efficient products and rising need for water management in various industrial processes. Moreover, growing construction activities are expected to drive the product demand further.
Asia Pacific is projected to witness substantial growth over the forecast period owing to rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia Philippines Singapore South Korea Thailand Vietnam among others which will lead towards an increase in pressure drop across systems thereby driving PICVs market growth. In addition, favorable government initiatives coupled with investments by private players are expected boost regional product demand over the next eight years ending on 2030 ending on ending on 2030). For instance; In 2015; Siemens Gas and Power Technology GmbH & Co.
Growth Factors:
- Increasing demand for energy-efficient systems in commercial and industrial buildings
- Rising awareness about the benefits of pressure independent control valves
- Growing popularity of variable refrigerant flow (VRF) systems
- Proliferation of smart buildings and the Internet of Things (IoT)
- Emerging applications such as district cooling and heating
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Independent Control Valves (PICV) Market Research Report
By Type
Thread PICV, Flange PICV, The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
By Application
Residential, Commercial, Industrial, The commercial holds an important share in terms of applications, and accounts for 65% of the market share.
By Companies
Danfoss, Honeywell International, Siemens, Belimo, FlowCon International/Griswold, Frese A/S, IMI PLC, I.V.A.R. S.p.a., Johnson Controls, Xylem, Schneider, Comap Group, Crane Co, Caleffi Spa, FAR, Bray International, Marflow Hydronics(Pettinaroli)
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Independent Control Valves (PICV) Market Report Segments:
The global Pressure Independent Control Valves (PICV) market is segmented on the basis of:
Types
Thread PICV, Flange PICV, The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
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, Commercial, Industrial, The commercial holds an important share in terms of applications, and accounts for 65% 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:
- Danfoss
- Honeywell International
- Siemens
- Belimo
- FlowCon International/Griswold
- Frese A/S
- IMI PLC
- I.V.A.R. S.p.a.
- Johnson Controls
- Xylem
- Schneider
- Comap Group
- Crane Co
- Caleffi Spa
- FAR
- Bray International
- Marflow Hydronics(Pettinaroli)
 Market Overview.svg)
Highlights of The Pressure Independent Control Valves (PICV) 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:
- Thread PICV
- Flange PICV
- The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
- By Application:
- Residential
- Commercial
- Industrial
- The commercial holds an important share in terms of applications, and accounts for 65% 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 Pressure Independent Control Valves (PICV) 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
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 Market Statistics.svg)
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 pressure independent control valve (PICV) is a type of valve that regulates the flow of fluid by controlling the pressure at which the fluid flows. This type of valve is often used in industrial applications to control the flow of liquids and gases.
Some of the major companies in the pressure independent control valves (picv) market are Danfoss, Honeywell International, Siemens, Belimo, FlowCon International/Griswold, Frese A/S, IMI PLC, I.V.A.R. S.p.a., Johnson Controls, Xylem, Schneider, Comap Group, Crane Co, Caleffi Spa, FAR, Bray International, Marflow Hydronics(Pettinaroli).
The pressure independent control valves (picv) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pressure Independent Control Valves (PICV) 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. Pressure Independent Control Valves (PICV) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pressure Independent Control Valves (PICV) Market - Supply Chain
4.5. Global Pressure Independent Control Valves (PICV) Market Forecast
4.5.1. Pressure Independent Control Valves (PICV) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pressure Independent Control Valves (PICV) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pressure Independent Control Valves (PICV) Market Absolute $ Opportunity
5. Global Pressure Independent Control Valves (PICV) 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. Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Type
5.3.1. Thread PICV
5.3.2. Flange PICV
5.3.3. The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pressure Independent Control Valves (PICV) 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. Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.3.4. The commercial holds an important share in terms of applications, and accounts for 65% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pressure Independent Control Valves (PICV) 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. Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) 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. Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) Demand Share Forecast, 2019-2026
9. North America Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.4.4. The commercial holds an important share in terms of applications, and accounts for 65% 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Type
9.7.1. Thread PICV
9.7.2. Flange PICV
9.7.3. The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
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 Pressure Independent Control Valves (PICV) Demand Share Forecast, 2019-2026
10. Latin America Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.4.4. The commercial holds an important share in terms of applications, and accounts for 65% 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Type
10.7.1. Thread PICV
10.7.2. Flange PICV
10.7.3. The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
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 Pressure Independent Control Valves (PICV) Demand Share Forecast, 2019-2026
11. Europe Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.4.4. The commercial holds an important share in terms of applications, and accounts for 65% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projectons by Application
11.7. Europe Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Type
11.7.1. Thread PICV
11.7.2. Flange PICV
11.7.3. The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
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 Pressure Independent Control Valves (PICV) Demand Share, 2019-2026
12. Asia Pacific Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.4.4. The commercial holds an important share in terms of applications, and accounts for 65% 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Type
12.7.1. Thread PICV
12.7.2. Flange PICV
12.7.3. The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
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 Pressure Independent Control Valves (PICV) Demand Share, 2019-2026
13. Middle East & Africa Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.4.4. The commercial holds an important share in terms of applications, and accounts for 65% 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 Pressure Independent Control Valves (PICV) Market Size and Volume Forecast by Type
13.7.1. Thread PICV
13.7.2. Flange PICV
13.7.3. The segment of thread PICV holds a comparatively larger share in global market, which accounts for about 90%%.
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 Pressure Independent Control Valves (PICV) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pressure Independent Control Valves (PICV) Market: Market Share Analysis
14.2. Pressure Independent Control Valves (PICV) Distributors and Customers
14.3. Pressure Independent Control Valves (PICV) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danfoss
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 International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Belimo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FlowCon International/Griswold
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Frese A/S
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IMI PLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. I.V.A.R. S.p.a.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Johnson Controls
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xylem
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schneider
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Comap Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Crane Co
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Caleffi Spa
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. FAR
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Bray International
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Marflow Hydronics(Pettinaroli)
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
