Press release
Pressure Independent Control Valves (PICV) - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Pressure Independent Control Valves (PICV) - Market SizeThe global market for Pressure Independent Control Valves (PICV) was estimated to be worth US$ 289 million in 2023 and is forecast to a readjusted size of US$ 376.4 million by 2030 with a CAGR of 3.8% during the forecast period 2024-2030
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Pressure Independent Control Valves (PICV), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Pressure Independent Control Valves (PICV) by region & country, by Type, and by Application.
The Pressure Independent Control Valves (PICV) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Pressure Independent Control Valves (PICV).
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Segment by Type:
• Thread PICV
• Flange PICV
Segment by Application
• Residential
• Commercial
• Industrial
By Company
Danfoss, Honeywell International, Siemens, Belimo, FlowCon International/Griswold, Frese A/S, IMI PLC, I.V.A.R. S.p.a., Johnson Controls, Xylem, Schneider, Comap Group, Crane Co, Caleffi Spa, FAR, Bray International, Marflow Hydronics(Pettinaroli)
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Pressure Independent Control Valves (PICV) are valves that combine control and regulation functions in one unit, providing precise and efficient control of flow regardless of system pressure fluctuations. These valves are increasingly being used in HVAC systems, as they offer improved energy efficiency, reduced installation costs, and simplified system balancing.
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