Global Thermostatic Radiator Valve Market Size 2024 | Top Key Players include: Danfoss, IMI (Heimeier & TA), Caleffi, Honeywell (MNG), Oventrop, Giacomini, Comap, Herz, Pegler Yorkshire., IVAR Group, Drayton, Grundfos, Siemens, Schlosser, Myson, Pettinaro

Acquire Market Research has announced a new report titled “Global Thermostatic Radiator Valve Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” to their offerings

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 2024, from xx million US$ in 2019, according to a new study.

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.

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Scope of the Report:

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.

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.

Market Segment by Manufacturers, this report covers

Danfoss, IMI (Heimeier & TA), Caleffi, Honeywell (MNG), Oventrop, Giacomini, Comap, Herz, Pegler Yorkshire., IVAR Group, Drayton, Grundfos, Siemens, Schlosser, Myson, Pettinaroli

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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

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Thermostatic Radiator Valve product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Thermostatic Radiator Valve, with price, sales, revenue and global market share of Thermostatic Radiator Valve in 2017 and 2018.
Chapter 3, the Thermostatic Radiator Valve competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermostatic Radiator Valve breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Thermostatic Radiator Valve market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Thermostatic Radiator Valve sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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