Press release
Hydronic Balancing Valves Market to Hit USD 1.32 Billion by 2031 | Steady 4.5% CAGR Driven by HVAC Efficiency Demand
Hydronic Balancing Valves Market SizeThe global market for Hydronic Balancing Valves was valued at US$ 977 million in the year 2024 and is projected to reach a revised size of US$ 1323 million by 2031, growing at a CAGR of 4.5% during the forecast period.
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China is the largest market, with a share about 55%, followed by Japan, and Southeast Asia, both have a share over 15 percent.
In terms of product, Static Balancing Valve is the largest segment, with a share over 55%. And in terms of application, the largest application is Commercial, followed by Residential, etc.
The Hydronic Balancing Valves market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Hydronic Balancing Valves market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
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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.
By Type
• Static Balancing Valve
• Dynamic Balancing Valve
• PICV
By Application
• Residential
• Commercial
• Industrial
Key Companies
Danfoss, Oventrop Corporation, IMI Hydronic, Honeywell International, Caleffi Spa, Siemens, Frese A/S, Crane Co, I.V.A.R. S.p.a., Belimo, Comap Group, FlowCon International/Griswold, Johnson Controls, Watts, Xylem, Schneider, Tiger Controls
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