North America HVAC Valves Market to Reach US$ 1209.7 Mn at CAGR of 4.9% in 2027 | The Insight Partners

North America 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)

Publication Month: Apr 2019 | Report Code: TIPRE00003902 | No. of Pages: 139 | Category: Electronics and Semiconductor | Status: Published

HVAC Valves market in North America is expected to grow from US$ 761.9 Mn in 2017 to US$ 1209.7 Mn by the year 2027. This represents a CAGR of 4.9% from the year 2018 to 2027.

 

Growing Acceptance of Building Energy Management System (BEMS) is fueling the North America HVAC Valves market. With urbanization and industrialization at a very rapid pace, an exponential rise in the residential, commercial and industrial building construction activities has been witnessed. Post the recovery from the recession in the year 2014, the construction market gathered pace. Lowering interest rates on housing loans, lower interest rates for businesses, subsidies by Governments for industrial setups have further helped the proliferation of construction market. Also, in most of the commercial buildings, footfalls create a difference for generating revenues, and therefore, the lighting, heating and air conditioning systems in the commercial buildings is highly emphasized upon, thereby driving the HVAC Valves market in North America.

 

The rising integration of connected valves for industrial, commercial and residential sectors is anticipated to fuel the North America HVAC Valves market growth. 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. Connecting valves to a network allows distributed control, which can enable operators to reconfigure piping and networking systems so that a field can continue producing even if there is a blockage in, or damage to, the pipeline network. These initiative by the market player are enhancing the growth of North America HVAC Valves market.

 

US is anticipated to leads the HVAC Valves market across the North America region through the forecast period. The automotive industry is one the largest manufacturing sector in the U.S. According to OICA data, total car production in year 2016 was 4.2 Mn in the U.S. Further, the country has a strong aerospace & defense manufacturing sector. Recently, the federal government pledged to bring back the manufacturing companies to the U.S., which shifted overseas for attaining cost-competitiveness. The government announced its plans to offer tax-cuts to manufacturers based in the U.S. as well as to impose higher tariffs on overseas manufacturers. This will further propel the growth of manufacturing industry in the country thereby, accelerating the growth of HVAC valves market in the U.S. This bolster the North America HVAC Valves market on the forecast period. The figure given below highlights the revenue share of Mexico in the North America HVAC Valves market in the forecast period:


Exhibit: Mexico HVAC Valves Market Revenue and Forecasts to 2027 (US$ Bn)

 

NORTH AMERICA HAVC VALVES – MARKET SEGMENTATION


By Product

  • Ball Valve
  • Globe Valve
  • Butterfly Valve
  • Pressure Independent Valve

By Application

  • Residential
  • Industrial
  • Commercial


By Country

  • US
  • Canada
  • Mexico

 

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

 

TABLE OF CONTENTS

PART 1.INTRODUCTION
1.1THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.2MARKET SEGMENTATION
PART 2.KEY TAKEAWAYS
PART 3.RESEARCH METHODOLOGY
3.1.1Coverage
3.1.2Secondary Research
3.1.3Primary Research
PART 4.NORTH AMERICA HVAC VALVES MARKET LANDSCAPE
4.1MARKET OVERVIEW
4.2ECOSYSTEM ANALYSIS
4.3NORTH AMERICA PEST ANALYSIS
PART 5.NORTH AMERICA HVAC VALVES MARKET - KEY INDUSTRY DYNAMICS
5.1KEY MARKET DRIVERS
5.1.1Growing Acceptance of Building Energy Management System (BEMS)
5.1.2Boosting Exposure of IIOT
5.2KEY MARKET RESTRAINTS
5.2.1Issues Associated with Servicing and Maintenance of Valves in some of the HVAC Systems
5.3KEY MARKET OPPORTUNITIES
5.3.1Advancement of HVAC valves with the Adoption of New Material
5.4FUTURE TRENDS
5.4.1Rising Integration of Connected valves for Industrial, Commercial and Residential Sectors
5.5IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
PART 6.NORTH AMERICA HVAC VALVES MARKET -MARKET ANALYSIS
6.1NORTH AMERICA HVAC VALVES MARKET OVERVIEW
6.2NORTH AMERICA HVAC VALVES MARKET FORECAST AND ANALYSIS
PART 7.NORTH AMERICA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - PRODUCT
7.1OVERVIEW
7.2NORTH AMERICA HVAC VALVES MARKET BREAKDOWN, BY PRODUCT, 2018 & 2027
7.3BALL VALVE MARKET
7.3.1Overview
7.3.2North America HVAC valves Market, By Ball Valve Market Forecasts and Analysis
7.4GLOBE VALVE MARKET
7.4.1Overview
7.4.2North America HVAC valves Market, By Globe Valve Market Forecasts and Analysis
7.5BUTTERFLY VALVE MARKET
7.5.1Overview
7.5.2North America HVAC valves Market, By Butterfly Valve Market Forecasts and Analysis
7.6PRESSURE INDEPENDENT VALVES MARKET
7.6.1Overview
7.6.2North America HVAC valves Market, By Pressure Independent Valves Market Forecasts and Analysis
7.7OTHERS MARKET
7.7.1Overview
7.7.2North America HVAC valves Market, By Other Product Market Forecasts and Analysis
PART 8.NORTH AMERICA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - APPLICATION
8.1OVERVIEW
8.2NORTH AMERICA HVAC VALVES MARKET, BY HVAC VALVES MARKET BREAKDOWN, BY APPLICATION, 2018 & 2027
8.3RESIDENTIAL MARKET
8.3.1Overview
8.3.2North America HVAC valves Market, By Residential Market Forecasts and Analysis
8.4INDUSTRIAL MARKET
8.4.1Overview
8.4.2North America HVAC valves Market, By Industrial Market Forecasts and Analysis
8.5COMMERCIAL MARKET
8.5.1Overview
8.5.2North America HVAC valves Market, By Commercial Market Forecasts and Analysis
PART 9.NORTH AMERICA HVAC VALVES MARKET - GEOGRAPHICAL ANALYSIS
9.1OVERVIEW
9.1.1North America HVAC Valves Market Breakdown by Key Countries
9.1.1.1U.S. HVAC Valves Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.1.1U.S HVAC Valves Market Breakdown by Product
9.1.1.1.2U.S HVAC Valves Market Breakdown by Application
9.1.1.2Canada HVAC Valves Market Revenue and Forecast to 2027 (US$ Mn)
9.1.1.2.1Canada HVAC Valves Market Breakdown by Product
9.1.1.2.2Canada HVAC Valves Market Breakdown by Application
9.1.1.3Mexico HVAC Valves Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.1.3.1Mexico HVAC Valves Market Breakdown by Product
9.1.1.3.2Mexico HVAC Valves Market Breakdown by Application
PART 10.INDUSTRY LANDSCAPE
10.1MARKET INITIATIVE
10.2MERGER AND ACQUISITION
10.3NEW DEVELOPMENT
PART 11.COMPANY PROFILES
11.1AVK HOLDING A/S
11.1.1Key Facts
11.1.2Business Description
11.1.3Products and Services
11.1.4Financial Overview
11.1.5SWOT Analysis
11.1.6Key Developments
11.2BELIMO HOLDING AG
11.2.1Key Facts
11.2.2Business Description
11.2.3Products and Services
11.2.4Financial Overview
11.2.5SWOT Analysis
11.2.6Key Developments
11.3DANFOSS A/S
11.3.1Key Facts
11.3.2Business Description
11.3.3Products and Services
11.3.4Financial Overview
11.3.5SWOT Analysis
11.3.6Key Developments
11.4FLOWSERVE CORPORATION
11.4.1Key Facts
11.4.2Business Description
11.4.3Products and Services
11.4.4Financial Overview
11.4.5SWOT Analysis
11.4.6Key Developments
11.5HONEYWELL INTERNATIONAL, INC.
11.5.1Key Facts
11.5.2Business Description
11.5.3Products and Services
11.5.4Financial Overview
11.5.5SWOT Analysis
11.5.6Key Developments
11.6JOHNSON CONTROLS INTERNATIONAL PLC
11.6.1Key Facts
11.6.2Business Description
11.6.3Products and Services
11.6.4Financial Overview
11.6.5SWOT Analysis
11.6.6Key Developments
11.7MUELLER INDUSTRIES, INC.
11.7.1Key Facts
11.7.2Business Description
11.7.3Products and Services
11.7.4Financial Overview
11.7.5SWOT Analysis
11.7.6Key Developments
11.8SAMSON CONTROLS INC.
11.8.1Key Facts
11.8.2Business Description
11.8.3Products and Services
11.8.4Financial Overview
11.8.5SWOT Analysis
11.8.6Key Developments
11.9SCHNEIDER ELECTRIC SE
11.9.1Key Facts
11.9.2Business Description
11.9.3Products and Services
11.9.4Financial Overview
11.9.5SWOT Analysis
11.9.6Key Developments
11.10SIEMENS AG
11.10.1Key Facts
11.10.2Business Description
11.10.3Products and Services
11.10.4Financial Overview
11.10.5SWOT Analysis
11.10.6Key Developments
PART 12.APPENDIX
12.1ABOUT THE INSIGHT PARTNERS
12.2GLOSSARY OF TERMS


LIST OF TABLES
TABLE 1.NORTH AMERICA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
TABLE 2.NORTH AMERICA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY PRODUCT (US$ MN)
TABLE 3.NORTH AMERICA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 4.NORTH AMERICA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY COUNTRY (US$ MN)
TABLE 5.U.S HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY PRODUCT (US$ MN)
TABLE 6.U.S HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 7.CANADA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY PRODUCT (US$ MN)
TABLE 8.CANADA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 9.MEXICO HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY PRODUCT (US$ MN)
TABLE 10.MEXICO HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 - BY APPLICATION (US$ MN)
TABLE 11.GLOSSARY OF TERM: HVAC VALVES MARKET


LIST OF FIGURES
FIGURE 1.NORTH AMERICA HVAC VALVES MARKET SEGMENTATION
FIGURE 2.NORTH AMERICA HVAC VALVES MARKET SEGMENTATION - COUNTRY
FIGURE 3.NORTH AMERICA HVAC VALVES MARKET BY APPLICATION-SEGMENT, 2018 & 2027
FIGURE 4.HVAC VALVES MARKET ECOSYSTEM ANALYSIS
FIGURE 5.NORTH AMERICA - PEST ANALYSIS
FIGURE 6.HVAC VALVES MARKET IMPACT ANALYSIS OF DRIVER AND RESTRAINTS
FIGURE 7.NORTH AMERICA HVAC VALVES MARKET FORECAST AND ANALYSIS (US$ MN)
FIGURE 8.NORTH AMERICA HVAC VALVES MARKET BREAKDOWN, BY PRODUCT, 2018 & 2027 (%)
FIGURE 9.NORTH AMERICA HVAC VALVES MARKET, BY BALL VALVE MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 10.NORTH AMERICA HVAC VALVES MARKET, BY GLOBE VALVE MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 11.NORTH AMERICA HVAC VALVES MARKET, BY BUTTERFLY VALVE MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 12.NORTH AMERICA HVAC VALVES MARKET, BY PRESSURE INDEPENDENT VALVES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 13.NORTH AMERICA HVAC VALVES MARKET, BY OTHERS MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 14.NORTH AMERICA HVAC VALVES MARKET, BY HVAC VALVES MARKET BREAKDOWN, BY APPLICATION, 2018 & 2027 (%)
FIGURE 15.NORTH AMERICA HVAC VALVES MARKET, BY RESIDENTIAL MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 16.NORTH AMERICA HVAC VALVES MARKET, BY INDUSTRIAL MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 17.NORTH AMERICA HVAC VALVES MARKET, BY COMMERCIAL MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 18.NORTH AMERICA HVAC VALVES MARKET BREAKDOWN BY KEY COUNTRIES, 2018 & 2027(%)
FIGURE 19.U.S. HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 20.U.S HVAC VALVES MARKET BREAKDOWN BY PRODUCT, 2018 & 2027 (%)
FIGURE 21.U.S HVAC VALVES MARKET BREAKDOWN BY APPLICATION, 2018 & 2027 (%)
FIGURE 22.CANADA HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 23.CANADA HVAC VALVES MARKET BREAKDOWN BY PRODUCT, 2018 & 2027 (%)
FIGURE 24.CANADA HVAC VALVES MARKET BREAKDOWN BY APPLICATION, 2018 & 2027 (%)
FIGURE 25.MEXICO HVAC VALVES MARKET REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 26.MEXICO HVAC VALVES MARKET BREAKDOWN BY PRODUCT, 2018 & 2027 (%)
FIGURE 27.MEXICO HVAC VALVES MARKET BREAKDOWN BY APPLICATION, 2018 & 2027 (%)

The List of Companies

1. AVK Group A/S
2. Belimo Holding AG
3. Danfoss A/S
4. Flowserve Corporation
5. Honeywell International Inc.
6. Johnson Controls International Plc.
7. Mueller Industries, Inc.
8. Samson Controls, Inc.
9. Schneider Electric SE
10. Siemens AG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America HVAC Valves market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America HVAC Valves market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution