Allied Market Research

Global Thermostatic Radiator Valve Market : Industry Forecast, 2017-2023

The flow of water through the radiator is regulated by using thermostatic radiator valves (TRVs). It senses the air temperature around them, thus regulating the flow.


Portland, OR -- (SBWIRE) -- 10/03/2017 -- Air temperature in zoned spaces in residential as well as commercial buildings is controlled by using thermostatic radiator valves. Wax or liquid are the two types of materials used in the thermostatic radiator valve.

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Thermostatic radiator valves are used in various residential and nonresidential spaces. These valves impart comfort, convenience, and energy efficiency, which increases the demand for the market. TRVs are a cheap and easy way of controlling temperature zones throughout households and large commercial buildings with a central heating system. This boosts the growth of the thermostatic radiator valve market. The TRVs also helps save the fuel in boiler-based systems, thus creating huge opportunities.

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The market is segmented on the basis of type, application, and geography. Based on type, the market is bifurcated into self-operate TRVs and electronic TRVs. On the basis of application, the market is divided into hot water system and steam heating system. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the market includes Caleffi, Danfoss, Drayton, Honeywell International, GIACOMINI U.K., I.V.A.R., IMI Hydronic Engineering, MYSON, Oventrop, and Siemens.

Key Benefits

- Porters Five Forces model helps analyze the potential of buyers & suppliers, and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
- It outlines the current trends and future scenario of the market from 2016 to 2023 to understand the prevailing opportunities and the investment pockets.
- This report provides an in-depth analysis of the market to identify the potential investment pockets.
- The key drivers, restrains, and opportunities are provided in the report.