Global Hydronic Balancing Valves Market Research Report 2024(Status and Outlook)

Global Hydronic Balancing Valves Market Research Report 2024(Status and Outlook)

Report Overview

Hydronic balancing valves deliver accurate control and hydronic performance and are particularly suited for use on the secondary side in heating and cooling systems or tap water applications.

The rising focus on maintaining optimum indoor environment quality and sustainability at homes may contribute to the demand for HVAC systems, thus amplifying the deployment of hydronic control systems in the near future. The market of hydraulic balancing valves is expected to usher in rapid development.

The Global Hydronic Balancing Valves Market Size was estimated at US$ 1258.11 Million by 2028, from US$ 939.11 million in 2021, at a CAGR of 4.23% during 2022-2028.

Hydronic balancing valves help achieve and maintain proper conditions within hydronic systems. In addition to being used in HVAC systems, they are also integrated into Heat exchanger, Power generation systems, Refrigeration systems, Server cooling systems and Water return lines.

With the rising awareness about the benefits of hydronic heating systems which include high durability, low-temperature operation, and cost-effectiveness, Hydronic Control Market Size is expected to register commendable growth. Meanwhile, the increasing awareness of energy conservation and environmental protection will also promote the growth of the hydraulic control market. Besides, governments of various countries will have great power to use hydraulic control to build energy saving and low carbon buildings. This will also become an important driving force for the development of the hydraulic control market. As an important part of the hydraulic control market, the hydraulic balancing valves market can be predicted to also usher in rapid development.

The insufficient supply of brass as the raw material of balance valves may restrict the development of hydraulic balancing valves. In recent years, the price of brass has been rising all the way and reached a historical high in March 2022, which is likely to erode the profits of the manufacturers of hydraulic balancing valves.

Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Hydronic Balancing Valves market in 2020 and beyond.

By the product type, Hydronic Balancing Valves market is primarily split into Static Balancing Valve, Dynamic Balancing Valve. In 2021, the market shares of static balancing valve and dynamic balancing valve are very close, accounting for 52.97% and 47.03% of the total market scale respectively. It is estimated that from 2022 to 2028, the operating revenue of dynamic balancing valve will grow at a CAGR of 5.17%, faster than that of static balancing valve by 3.34%.

By the end application, this report covers the Residential segments, Commercial segments, Industrial segments and others. In 2021, the commercial sector accounted for the highest market share, reaching 48.16% of the total scale. At the same time, the industrial segments, residential segments and other use segment ccounted for 20.76%, 17.83% and 13.25% respectively. It is expected that from 2022 to 2028, the other use segment will grow at the fastest CAGR, about 5.27%, while the commercial, residential and industrial segment will grow at a CAGR of 4.34%, 3.87% and 3.62% respectively.

Competitive Landscape Analysis: Hydronic Balancing Valves Market

Some of the key players operating in the Hydronic Balancing Valves Market include Danfoss, Oventrop Corporation, IMI Hydronic, Crane Co, Honeywell International, Siemens, Comap Group, Johnson Controls, Schneider, Watts, Caleffi Spa, Belimo, Xylem, Frese A/S, Tiger Controls, I.V.A.R. S.p.a. among others.

This report provides a deep insight into the global Hydronic Balancing Valves market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Hydronic Balancing Valves Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Hydronic Balancing Valves market in any manner.

Global Hydronic Balancing Valves Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Danfoss

Oventrop Corporation

IMI Hydronic

Crane Co

Honeywell International

Siemens

Comap Group

Johnson Controls

Schneider

Watts

Caleffi Spa

Belimo

Xylem

Frese A/S

Tiger Controls

I.V.A.R. S.p.a.

Market Segmentation (by Type)

Static Balancing Valve

Dynamic Balancing Valve

Market Segmentation (by Application)

Residential

Commercial

Industrial

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Hydronic Balancing Valves Market

Overview of the regional outlook of the Hydronic Balancing Valves Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Hydronic Balancing Valves Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.