A balancing valve is a measurement and regulation device. Balancing valves are used in pressurized piping applications, such as HVAC and gas movement applications.
The main purpose of a balancing valve is generally to create a consistent output pressure to a system from an inconsistent input pressure from a different system.
Global balancing valves industry is not vary concentrated. Many manufacturers compete in the market; the leading manufactures are IMI Hydronic, Danfoss, Frese A/S, Caleffi and VIR Group. The top 5 manufacturers occupied 44.76% of the total market in 2016.
Asia Pacific remains the largest market for balancing valves sales with a market share of 37.04%, followed by North America and Europe, with market share of 26.20% and 24.33%.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
The Balancing Valves market was valued at 450 Million US$ in 2018 and is projected to reach 610 Million US$ by 2025, at a CAGR of 3.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Balancing Valves.
This report presents the worldwide Balancing Valves market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Crane Fluid Systems
Balancing Valves Breakdown Data by Type
Automatic Balancing Valves
Manual Balancing Valves
Balancing Valves Breakdown Data by Application
Balancing Valves Production by Region
Balancing Valves Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Balancing Valves status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Balancing Valves manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Balancing Valves :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Balancing Valves market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.