Europe HVAC Valves Market Dynamics and Trends by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

Europe HVAC Valves Market to 2027 - Analysis and Forecasts by Product (Ball Valve, Globe Valve, Butterfly Valve, and Pressure Independent Valves); and Application (Residential, Industrial, and Commercial)

Report Date : Apr 2019
Report Code : TIPRE00003901

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 142

Page Updated: Jan 2023

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

HVAC Valves market in Europe is expected to grow from US$ 1240.62 Mn in 2018 to US$ 1845.3 Mn by the year 2027. This represents a CAGR of 4.6% from the year 2018 to 2027.

Stringent Regulations Enforced by Governments on energy-efficient buildings is fueling the Europe HVAC Valves market. Buildings are the largest consumers of energy worldwide and the building sector accounts for 40% of primary energy consumption. Additionally, the number of buildings are consistently going to increase owing to the increase in populations and urbanization in major cities of the world adding further pressure on the energy supplies around the world. In a scenario as this, where there is a dire need to achieve energy efficiency, the implementation of energy codes and minimum performance standards are required to be levied as mandates. The residential sub-sector remains the largest consumer of energy at a global level, thereby driving the HVAC Valves market in Europe.

The rising integration of connected valves for industrial, commercial and residential sectors is anticipated to fuel the Europe HVAC Valves market growth. The IoT trend is steadily penetrating each and every aspect of the industry. With the emergence of IPv6 and IoT, any product in the world can be assigned with an IP address and thereby brought over the internet. Valves integrated with embedded processor and networking capability to achieve sophisticated monitoring technology which can be coordinated with central control station is thus anticipated to gain traction in the coming times. In order to attain this in industries, industrial valves are connected to data network, coordinating control valve operation with the data available. These initiative by the market player are enhancing the growth of Europe HVAC Valves market.

Germany is anticipated to leads the HVAC Valves market across the Europe region through the forecast period. Germany is one of the leading producer of automobiles in the world and many major car manufacturing companies are located in the country including Volkswagen, BMW AG, Audi and others. This creates a demand for HVAC system installed in the vehicles. Also, the residential construction sector of the country is rising thus, bolstering the growth of HVAC valves market. This will further propel the growth of manufacturing industry in the country thereby, accelerating the growth of HVAC valves market in the Germany. This bolster the Europe HVAC Valves market on the forecast period. The figure given below highlights the revenue share of UK in the Europe HVAC Valves market in the forecast period:

UK HVAC Valves Market Revenue and Forecasts to 2027 (US$ Bn)

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This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

EUROPE HVAC Valves – MARKET SEGMENTATION

By Product

Ball Valve
Globe Valve
Butterfly Valve
Pressure Independent Valve

By Application

Residential
Industrial
Commercial

By Country

France
Germany
UK
Spain
Italy
Rest of Europe

Companies Mentioned

AVK Group A/S
Belimo Holding AG
Danfoss A/S
Flowserve Corporation
Honeywell International Inc.
Johnson Controls International Plc.
Mueller Industries, Inc.
Samson Controls, Inc.
Schneider Electric SE
Siemens AG

Europe HVAC Valves Report Scope

Report Attribute	Details
Market size in 2018	US$ 1240.62 Million
Market Size by 2027	US$ 1845.3 Million
Global CAGR (2018 - 2027)	4.6%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Product Ball Valve Globe Valve Butterfly Valve Pressure Independent Valves By Application Residential Industrial Commercial
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	AVK Group A/S Belimo Holding AG Danfoss A/S Flowserve Corporation Honeywell International Inc. Johnson Controls International Plc. Mueller Industries, Inc. Samson Controls, Inc. Schneider Electric SE

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe HVAC Valves Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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