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.
The consumption volume of thermostatic radiator valves is related to downstream industries and global economy. As there will be some uncertain of the Europe economy in the following years, the growth rate of thermostatic radiator valves market may not keep that fast. But it is surely forecasted that the market of thermostatic radiator valves is still promising.
Technology, product design, and pricing patterns influence purchases of thermostatic radiator valves. The situation is rather complex, as the companies attempt to cater to diverse segments. The market is currently dominated by a handful of local companies that own the core technologies, including Danfoss, IMI (Heimeier & TA), Caleffi and so on.
In the next five years, the Europe consumption of thermostatic radiator valves will maintain about 8.32% annual growth rate; consumption is expected to be 882.05 million USD in 2021. Therefore, in the next five years, thermostatic radiator valves overcapacity situation will not change much.
The Thermostatic Radiator Valves market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Thermostatic Radiator Valves.
This report presents the worldwide Thermostatic Radiator Valves market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Danfoss
IMI (Heimeier & TA)
Caleffi
Honeywell (MNG)
Oventrop
Giacomini
Comap
Herz
Pegler Yorkshire.
IVAR Group
Drayton
Grundfos
Siemens
Schlosser
Myson
Pettinaroli
Thermostatic Radiator Valves Breakdown Data by Type
Self-operate TRVs
Electronic TRVs
Thermostatic Radiator Valves Breakdown Data by Application
Hot Water System
Steam Heating System
Thermostatic Radiator Valves Production by Region
United States
Europe
China
Japan
Other Regions
Thermostatic Radiator Valves Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Thermostatic Radiator Valves status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Thermostatic Radiator Valves manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Thermostatic Radiator Valves :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Thermostatic Radiator Valves market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Thermostatic Radiator Valves . Industry analysis & Market Report on Thermostatic Radiator Valves is a syndicated market report, published as Global Thermostatic Radiator Valves Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Thermostatic Radiator Valves market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.