What is Self-type Thermostatic Valves Market?
The self-type thermostatic valves are self-acting valves used for the infinite, proportional regulation of flow quantity, depending on the setting and the sensor temperature. These self-acting valves operate without the supply of auxiliary energy such as electricity or compressed air. They are suitable for temperature regulation because the valves constantly match flow quantity to demand. It maintains the constant required temperature with no overconsumption of cooling water in cooling systems and hot water or steam in heating systems. They consist of three main elements such as setting section, valve body and hermetically sealed thermostatic element. These valves are widely used for temperature regulation in many different machines and installations where cooling is required.
The market study is being classified by Type (Steam, Oil, Water and Others), by Application (Hydraulic Systems, Bio-mass Boilers, Injection Moulding Machines, Compressors, Vacuum Pumps, Dry-cleaning Machines and Distillation Plants) and major geographies with country level break-up.
Emerson (United States), Danfoss (Denmark), Caleffi S.p.a. (Italy), Honeywell International Inc. (United States), Oventrop (United Kingdom), Giacomini (Italy), Vaillant Group (Germany), Siemens AG (Germany), Kohler Co. (United States) and Netatmo (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Somfy (France), Grohe (Germany) and Giacomini S.p.A. (Germany).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States and German Manufacturers will contribute to the maximum growth of Global Self-type Thermostatic Valves market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Self-type Thermostatic Valves market by Type, Application and Region.
On the basis of geography, the market of Self-type Thermostatic Valves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Ease of Installation and Automatic Self Sensing Control
- Increased Applications of Self-type Thermostatic Valves
Market Trend
- Technological Advancements in Self-type Thermostatic Valves
- Robust Increase in the Distribution Channels
Restraints
- Issues Related to Self-type Thermostatic Valves
- Fluctuations in the Raw Material Prices
Opportunities
- Increasing Demand for Commercial and Industrial Applications
- Growing Demand from End-users
Challenges
- Maintenance Associated with Self-type Thermostatic Valves
Market Leaders and some development strategies
Recently, Emerson has announced that it has completed the purchase of the Valves & Controls business from Pentair plc. This acquisition enables the company to continue to grow its global footprint in automation and expand leadership position in key served markets such as chemical, power, refining, mining and oil and gas.
Key Target Audience
Self-type Thermostatic Valves Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users