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Global Balancing Valves Market Growth 2019-2024
SKU ID : LPI-13877758 | Publishing Date : 21-Feb-2019 | No. of pages : 162
A balancing valve is a measurement and regulation device. Balancing valves are used in pressurized piping applications, such as HVAC and gas movement applications.
The main purpose of a balancing valve is generally to create a consistent output pressure to a system from an inconsistent input pressure from a different system.
Global balancing valves industry is not vary concentrated. Many manufacturers compete in the market; the leading manufactures are IMI Hydronic, Danfoss, Frese A/S, Caleffi and VIR Group. The top 5 manufacturers occupied 44.76% of the total market in 2016.
Asia Pacific remains the largest market for balancing valves sales with a market share of 37.04%, followed by North America and Europe, with market share of 26.20% and 24.33%.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
According to this study, over the next five years the Balancing Valves market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 570 million by 2024, from US$ 450 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Balancing Valves business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Balancing Valves market by product type, application, key manufacturers and key regions and countries.
This study considers the Balancing 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.
Automatic Balancing Valves
Manual Balancing Valves
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
HAVC
Heating System
Others
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.
IMI Hydronic
Honeywell
Danfoss
Oventrop
Frese A/S
Caleffi
VIR Group
Crane Fluid Systems
IVAR Group
Armstrong
Grinnell
Nibco
Zhengfeng Valve
Shanghai QIGAO
Shanghai Outelai
Shanghai NEEINN
Hebei Balance-Valve
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 Balancing 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 Balancing Valves market by identifying its various subsegments.
Focuses on the key global Balancing 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 Balancing 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 Balancing 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.
The main purpose of a balancing valve is generally to create a consistent output pressure to a system from an inconsistent input pressure from a different system.
Global balancing valves industry is not vary concentrated. Many manufacturers compete in the market; the leading manufactures are IMI Hydronic, Danfoss, Frese A/S, Caleffi and VIR Group. The top 5 manufacturers occupied 44.76% of the total market in 2016.
Asia Pacific remains the largest market for balancing valves sales with a market share of 37.04%, followed by North America and Europe, with market share of 26.20% and 24.33%.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
According to this study, over the next five years the Balancing Valves market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 570 million by 2024, from US$ 450 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Balancing Valves business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Balancing Valves market by product type, application, key manufacturers and key regions and countries.
This study considers the Balancing 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.
Automatic Balancing Valves
Manual Balancing Valves
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
HAVC
Heating System
Others
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.
IMI Hydronic
Honeywell
Danfoss
Oventrop
Frese A/S
Caleffi
VIR Group
Crane Fluid Systems
IVAR Group
Armstrong
Grinnell
Nibco
Zhengfeng Valve
Shanghai QIGAO
Shanghai Outelai
Shanghai NEEINN
Hebei Balance-Valve
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 Balancing 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 Balancing Valves market by identifying its various subsegments.
Focuses on the key global Balancing 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 Balancing 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 Balancing 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.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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