Los Angeles, CA -- (SBWIRE) -- 02/06/2019 -- This report studies the Thermostatic Radiator Valve market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.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.

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include: Danfoss, IMI (Heimeier & TA), Caleffi, Honeywell (MNG), Oventrop, Giacomini, Comap, Herz, Pegler Yorkshire., IVAR Group, Drayton, Grundfos, Siemens, Schlosser, Myson, Pettinaroli

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%).

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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.

By the product type, the market is primarily split into: Self-operate TRVs, Electronic TRVs
By the end users/application, this report covers the following segments: Hot Water System,Steam Heating System

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