Global Hydronic Balancing Valves Market Research Report 2022

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.
Market Analysis and Insights: Global Hydronic Balancing Valves Market
Due to the COVID-19 pandemic, the global Hydronic Balancing Valves market size is estimated to be worth US$ 938.7 million in 2022 and is forecast to a readjusted size of US$ 1222.4 million by 2028 with a CAGR of 4.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Static Balancing Valve accounting for % of the Hydronic Balancing Valves global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.
Global Hydronic Balancing Valves key players include Oventrop Corporation, Caleffi Spa , IMI Hydronic, etc. Global top three manufacturers hold a share over 30%.
China is the largest market, with a share about 55%, followed by Japan, and Southeast Asia, both have a share over 15 percent.
In terms of product, Static Balancing Valve is the largest segment, with a share over 55%. And in terms of application, the largest application is Commercial, followed by Residential, etc.
Global Hydronic Balancing Valves Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hydronic Balancing Valves Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Static Balancing Valve
Dynamic Balancing Valve
PICV
Segment by Application
Residential
Commercial
Industrial
By Company
Danfoss
Oventrop Corporation
IMI Hydronic
Honeywell International
Caleffi Spa
Siemens
Frese A/S
Crane Co
I.V.A.R. S.p.a.
Belimo
Comap Group
FlowCon International/Griswold
Johnson Controls
Watts
Xylem
Schneider
Tiger Controls
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina