Circuit Balancing Valves Market Report 2023: Insights and Trends - valuates reports

Circuit balancing valves (CBVs) combine a double regulating valve with a primary measuring element for determining and adjusting hydronic fluid flow in an HVAC system. Correct HVAC system operation requires that a specified minimum flow rate of heated or chilled fluid be delivered to every part of the building.

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The global Circuit Balancing Valves market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Circuit Balancing Valves is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Circuit Balancing Valves is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Circuit Balancing Valves include Bell＆Gossett, Armstrong Fluid Technology, NIBCO, Nutech Valves, Johnson Controls, Danfoss and CFMS Consulting, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Circuit Balancing Valves, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Circuit Balancing Valves.
The Circuit Balancing Valves market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Circuit Balancing Valves market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Segment by Type
Automatic
Manual

Segment by Application
Residential
Commercial

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