For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
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.
Scope of the Report:
This report focuses on the Thermostatic Radiator Valve in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
Regional markets are influenced by demographic and socio-economic trends. In 2015, the Germany is expected to remain the largest market for thermostatic radiator valves, accounting for 39.45% of the national total production, followed by UK (14.64%).
The presence of brand effect and having a relatively basic technology, the thermostatic radiator valves industry still poses some formidable barriers to entry. Thus, capital requirements are quite high due to production features and the diverse nature of the product families. Seasonality of business, price rivalry, government rules and regulations, and limited distribution channels also pose some entry barriers. Yet another deterrent to market entry is the complexity of logistics. Distribution costs may rise further as some mass merchandisers openly require payment by the manufacturers for shelf space, especially for new products. Name identity and brand image require extensive advertising.
The worldwide market for Thermostatic Radiator Valve is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- IMI (Heimeier & TA)
- Honeywell (MNG)
- Pegler Yorkshire.
- IVAR Group
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Self-operate TRVs
- Electronic TRVs
Market Segment by Applications, can be divided into
- Hot Water System
- Steam Heating System
There are 15 Chapters to deeply display the global Thermostatic Radiator Valve market.
Chapter 1, to describe Thermostatic Radiator Valve Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Thermostatic Radiator Valve, with sales, revenue, and price of Thermostatic Radiator Valve, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Thermostatic Radiator Valve, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Thermostatic Radiator Valve market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Thermostatic Radiator Valve sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source