Thermostatic radiator valve (TRV) is a self-regulating valve fitted to hot water heating system radiator, to control the temperature of a room by changing the flow of hot water to the radiator. Electronic Thermostatic Radiator Valves use batteries and electronic thermostats to constantly monitor the temperature of the room and move the pin up and down accordingly.
Europe occupied 83.19% of the sales market in 2017. It is followed by North America which accounted for around 9.24% of the global total industry. Other countries have a smaller amount of sales. Geographically, Europe was the largest production market in the world, which took about 77.60% of the global production volume in 2017.
According to this study, over the next five years the Electronic Thermostatic Radiator Valves market will register a 21.5% CAGR in terms of revenue, the global market size will reach US$ 130 million by 2024, from US$ 40 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electronic Thermostatic Radiator Valves business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Thermostatic Radiator Valves market by product type, application, key manufacturers and key regions and countries.
This study considers the Electronic Thermostatic Radiator Valves value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Head
Valves body
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Danfoss
Honeywell
Giacomini
eQ-3
Eurotronic
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electronic Thermostatic Radiator Valves consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electronic Thermostatic Radiator Valves market by identifying its various subsegments.
Focuses on the key global Electronic Thermostatic Radiator Valves manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electronic Thermostatic Radiator Valves with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electronic Thermostatic Radiator Valves submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Electronic Thermostatic Radiator Valves . Industry analysis & Market Report on Electronic Thermostatic Radiator Valves is a syndicated market report, published as Global Electronic Thermostatic Radiator Valves Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Electronic Thermostatic Radiator Valves market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.