Hydronic Control Market is expected to reach USD 39.24 billion by 2025 A Report By top Market Competitors Danfoss, Schneider Electric, Siemens AG, Johnson Controls, IMI Plc, Caleffi S.p.a, Giacomini S.p.A, Belimo Holding AG, Flamco

Global Hydronic Control Market is expected to reach USD 39.24 billion by 2025, from USD 31.46 billion in 2017 growing at a CAGR of 2.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Hydronics is the use of a liquid heat-transfer medium in heating and cooling systems. The working fluid is typically water, glycol, or mineral oil. Some of the oldest and most common examples are steam and hot-water radiators. Historically, in large-scale commercial buildings such as high-rise and campus facilities, a hydronic system may include both a chilled and a heated water loop, to provide for both heating and air conditioning. Chillers and cooling towers are used either separately or together as means to provide water cooling, while boilers heat water. A recent innovation is the chiller boiler system, which provides an efficient form of HVAC for homes and smaller commercial spaces.

The global hydronic control market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hydronic control market, Europe, North America, Asia Pacific and South America.

At AHR Expo 2018, IMI Flow Design a brand of IMI Hydronic Engineering launched harmony pressure independent balancing and control valve. Hydraulic Institute HI Energy ratings system for clean water pumps, enabling engineers to select more efficient pump making utilities easier for installing Hydraulic Institute (HI) rated equipment.

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Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth
• Analyze and forecast on the basis of type and end-user.
• Trends of key regional and country-level markets for type and end-user.
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

Major Market Competitors/Players: Global Hydronic Control Market
Some of the major players operating in the global hydronic control market are Danfoss, Schneider Electric, Siemens AG, Johnson Controls, IMI Plc, Caleffi S.p.a, Giacomini S.p.A, Belimo Holding AG, Flamco, Spirotech, Honeywell International Inc., IMI Hydronic Engineering Inc, CAREL INDUSTRIES, Grainger Inc., Oventrop GmbH & Co. KG, Reflex Winkelmann GmbH, Controlled Hydronics Inc., REHAU Corporation, Uponor Corporation, Bindus Manufacturing Llc, and Watts Water Technologies Inc., Telecom Italia among others.

Major Market Drivers and Restraints:
• Rising need for usage of energy efficiency in infrastructures.
• Rising awareness of sustainable energy uses.
• Stringent government norms and regulations for energy standards and efficiency.
• High costs for labour and subsequent installations.
• Lack of awareness among masses.
• Lack of technically skilled staffs.

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Market Segmentation: Global Hydronic Control Market
• The global hydronic control market is segmented based on equipment type, installation type, sectors, and geographical segments.
• Based on the equipment, the market is further segmented into actuators, valves, flow controllers, control panels, and others.
• Based on installation, the market is further segmented into new installations and retro fit installation.
• Based on sectors, the market is further segmented into residential, commercial and industrial.
• Based on geography the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.

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The use of liquids typically water, glycol and mineral oil for heat- transfer medium in heating and cooling system is hydronic and a system so developed for it is all called hydronic system. It can be of two basic type i.e. hot water and chilled water. Both the types require balancing and hence there is a need for hydronic controls. The greater and evolved use of hydronic system can be seen today commonly known as district heating systems, where large cities through underground pipelines provide hot and chilled water to its inhabitants. The growth of the market is mainly driven by need and regulations established for efficient use of energy in buildings and the current booming construction sector. The industrial sector is sought to hold the largest market share. Hydronic Control system account for 46% of the market share in Finland with a network/channel length of 14,920 km. Many recent developments have been made to make the hydronic systems of today more dependable and reliable. We have the E-Dronics System by CAREL INDUSTRIES. Electronic Expansion Valve (EEV Solution) integrated by CAREL INDUSTRIES was successfully installed and analysed at Telecom Italia.

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