HVAC Valves Market to Record $ 1.69 Bn Growth between 2021 and 2025

Technavio has announced its latest market research report titled HVAC Valves Market by Type and Geography – Forecast and Analysis 2021-2025.

The HVAC valves market is estimated to grow by USD 1.69 billion between 2021 and 2025. However, the growth momentum is expected to decelerate at a CAGR of almost 6% during the forecast period.

Market Dynamics

Factors such as increasing residential and commercial construction activities and increase in demand for centralised HVAC solutions will drive the growth of the HVAC Valves Market during 2021-2025. However, failure issues with HVAC solutions might hamper the market growth.

The growing preference for customised HVAC valves will have a positive impact on the growth of vendors. On the other hand, stringent regulations associated with the development of HVAC valves are expected to reduce the growth potential in the market.

Company Profiles

The HVAC valves market report provides complete insights on key vendors including AVK Holding AS, BELIMO Holding AG, Danfoss AS, Flowserve Corp., Honeywell International Inc., Johnson Controls International Plc, Mueller Industries Inc., SAMSON Controls Inc., Schneider Electric SE, and Siemens AG.

Competitive Analysis

The competitive scenario provided in the HVAC valves market report analyses, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

By Type, the market is classified into ball valves, globe valves, butterfly valves, and other valves. The market witnessed strong growth in the ball valves segment in 2020.

By Geography, the market is analysed across APAC, North America, Europe, MEA, and South America. APAC will have the largest share of the market.