(MENAFN-GetNews) This report focuses on the market size, revenue, share, status, future forecast, growth opportunities, major markets and major players of HVAC valves. The research goal is to introduce the development of HVAC valves in North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SA). Since building owners have adopted the Building Energy Management System (BeMS) to achieve optimal energy consumption, the global HVAC valve market is growing steadily during the forecast period. By adopting BMS, building owners can also ensure that they reduce energy consumption in the building. Since buildings are the world’s largest consumers of energy, optimizing the energy levels in these buildings becomes critical. Rising energy costs, coupled with the government’s strict requirements to maintain certain levels at an optimal level to optimize energy use, require solutions that can improve energy efficiency. Today, HVAC systems have become an indispensable part of buildings, and they also account for the largest energy consumption in buildings.
Global analysis and forecast of the HVAC valve market by 2027 (by component, implementation, layer type and industry vertical), the HVAC valve market in 2018 is expected to grow by US$442.8 million, and will grow at a CAGR of 5.2% during the forecast period in 2019 The rate will increase to 2027 and will reach 692.5 million US dollars by 2027. The HVAC valve is a component integrated into the HVAC system to regulate, start and stop the flow of liquid, gas and/or air through the entire HVAC system pipeline.
Insight into partners: The dedicated market plan for partnerships and R&D development is expected to drive the HVAC valve market with a compound annual growth rate of 5.2% by 2027. HVAC valves (ball valves, globe valves, butterfly valves, and pressure independent valves) by product by 2027; and applications (residential, industrial and commercial); global analysis and forecasting research scope includes understanding the factors that lead to the growth of the HVAC valve market, and Estimates and forecasts of revenue and market share analysis, and points out the important HVAC valve players in the market and their main developments.
This report studies the state of the HVAC valve market and the outlook for the global and major regions from the insights of participants, countries, product types and end industries. The report analyzes in detail the driving forces and opportunities, major market areas, major trends in the investment industry, the positioning of major players and the competitive landscape. The report analyzes the major players in the global market and divides the market by product type and application/end user industry.
HVAC valves play a vital role in HVAC systems and involve many applications. The chiller, which is considered the main body of any HVAC system, contains a valve on the cold water and cooling water inlet and outlet lines. The chiller part uses gate valve or stop valve for isolation and throttling. Other applications of valves in HVAC systems include HVAC hot water generators, chilled water pumps and cooling water pumps, cooling towers, air handling units (AHU) and fan coil units (FCU). A wide range of valves are used in these parts of the HVAC system, such as globe valves, gate valves, butterfly valves, ball valves, pressure independent valves, solenoid valves, diaphragm valves, etc.
The most famous HVAC valve market participants are Honeywell International, Johnson Controls, Schneider Electric, Siemens AG, Bellimo, Flowserve, AVK Group A/S, Samson Controls, Mueller Industries and Danfoss. Its products can be supplied to the HVAC valve market, so it has become a market leader.
AVK completed the acquisition of 60% equity of AC.MO srl. Through this new acquisition, AC.MO srl will strengthen the number of the entire AVK Group, which includes more than 100 companies and more than 3.900 dedicated employees. AC.MO will become part of Continental Europe under the auspices of Morten S. Nielsen.
AVK announced the acquisition of Fusion Group Ltd. to merge the businesses of the two companies to enhance customer experience in safety-critical areas.
SAMSON Controls Inc. acquired SED Flow Control, a professional valve manufacturer, to consolidate its leading position in the biotechnology and pharmaceutical fields, and to steadily promote digital process automation based on intelligent network valve technology.
Johnson Controls completed the acquisition of Tyco International PLC. The acquisition aims to provide better products, services and enhanced services for all product lines such as HVAC, fire protection, and security to help commercial buildings, large institutions, residential, retail and industry.
Participants in the HVAC valve market are mainly focused on partnerships, contract alliances, new R&D centers, and opening new offices around the world to allow the company to maintain its brand reputation globally. Most market plans are observed in North America and Europe, which have great potential for HVAC-related products and solutions.
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The global HVAC valve market by region is divided into six regions, including North America, Europe, Asia Pacific, Middle East and Africa, and South America. The Asia-Pacific region is expected to account for the largest share of the global HVAC valve market in 2018, followed by Europe. Germany and the United Kingdom are two major countries in the European region, which will lead the HVAC valve market in the region, and are expected to continue to maintain their dominant positions throughout the forecast period from 2019 to 2027.
The HVAC valve market by use is divided into residential, commercial and industrial sectors. The HVAC valve regulates, blocks and allows any medium (such as liquid, gas, and water) to flow through the pipeline. The HVAC system has been integrated into the building system to ensure the comfort and safety of the occupants. These HVAC systems are composed of many components, and valves are one of the basic components of these systems.
The entire HVAC valve market size is derived using primary and secondary sources. The research process begins with a detailed secondary study using internal and external resources to obtain qualitative and quantitative information related to the HVAC valve market. In addition, several major interviews were conducted with industry participants and commentators to verify data and analysis. Participants who usually participate in this process include industry experts (such as VPs, business development managers, market intelligence managers, and country sales managers), as well as external consultants (such as valuation experts, research analysts, and key opinion leaders in the HVAC valve profession) industry.
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Post time: Feb-01-2021
