Hydronic Control Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027

Report ID: GMI4122

Summary Methodology

Hydronic Control Market size is anticipated to grow lucratively from 2019 to 2025 with the increasing demand in the construction sector. Due to the rapid acceptance of industrialization and urbanization trend in countries including India, China, and Japan, the usage of these solutions will increase rapidly. Moreover, an increase in the disposable income of people and spending capability is fueling the urbanization trend in these countries. Increasing concern toward the construction of smart residential complexes will drive the demand for advanced HVAC solutions. Rise in the adoption of air conditioning systems in residential apartments will also drive the hydronic control market growth. It offers several advantages such as low operating and installment costs and silent operation.

Increase in the need for energy-efficient solutions and high investment in the field of residential or commercial building projects are propelling the hydronic control market growth. The global companies are expanding their business bases around the globe and are investing highly in infrastructure construction. With the rapid increase in infrastructure facilities of the global companies, the demand for HVAC solutions will witness high growth, augmenting the market growth. Some of the major global businesses that have established their infrastructure facilities in different countries include Microsoft, Amazon, Google, and Apple. Moreover, with the increase in the usage of hydronic water heaters across the production area, warehouse, administration office, and control room, the market is witnessing rapid growth.

The lack of awareness of technology among residential customers is predicted to restrict the hydronic control market growth. The unawareness about the operability and maintenance of these solutions is encouraging residential owners to shift to heat pump systems over hydronic systems. Moreover, high installation and maintenance costs associated with these systems is also a major factor restraining market growth. Rise in technological advancements and innovations in the market forces application areas to implement skilled engineers or technicians for the maintenance of the system. SMBs with low capital budget find it difficult to incorporate such high-cost HVAC solutions in their infrastructure facilities.

Valves are the majorly used components to handle and control the pressure of liquid and gas in these systems. It allows operators to regulate the flow of fluid in pipes and control the temperature based on specific tasks and business processes. The growing application of these regulating valves in the oil & gas industry to manage the flow of elements in different equipment, such as boilers, pumps, and separators, will augment the hydronic control market growth. Hydronic control boilers are witnessing high adoption in the sector due to its high effectiveness and efficiency in regulating the temperature and pressure distribution in different manufacturing processes, accelerating the market demand.

The increased adoption of these solutions in the industrial segment is anticipated to fuel the growth in the hydronic control market. The businesses are concerned with the adoption of energy-efficient solutions in their business facilities to reduce the environmental impact of their business operations. Hydronic solutions allow these businesses to implement sustainable HVAC solutions with less energy consumption and high operating efficiency in their manufacturing environment, driving the market growth. Moreover, manufacturing industries involve high energy dissipation processes that result in increase in temperature of business facilities. Large cooling systems are being incorporated in facilities to provide effective cooling to the industrial environment, driving the market growth.

North America holds the major share in the global hydronic control market. With the increasing growth in advanced infrastructure and construction of residential & commercial buildings, the market demand is predicted to grow rapidly. The region consists of high-skilled technicians and engineers that have enough knowledge about modern technologies, allowing manufacturers in the hydronic control market to easily deliver maintenance and consulting services to their customers. Moreover, the increasing adoption of connected solutions in smart housing and various government regulations regarding environment safety are the major factors fueling the growth in the market. For instance, the Canadian government launched smart cities challenge wherein cities will come up with a plan of how to develop smart cities with the use of advanced technologies such as geospatial technology, IoT, use of sensors, artificial intelligence, and blockchain. The government plans also include the development of high-tech society with energy-efficient technologies.

The key players operating in the hydronic control market are Danfoss, BELIMO Holding AG, Oventrop Corporation, Xylem Inc, Siemens AG, Giacomini S.P.A, Spirotech, Armstrong Fluid Technology, Reflex Winkelmann GmbH, IMI plc, Caleffi S.p.A, Johnson Controls, Flamco Group, Schneider Electric SE, and Honeywell International Inc.. Moreover, various partnerships, mergers & acquisitions, collaborations, and product launches are boosting the growth in the market. For instance, in 2018, Danfoss Power Solutions announced the launch of 2 high-flow proportional valves PVG 256 and PVG 128, expanding its PVG portfolio with high flow proportional valves. These high flow valves are being widely adopted in large applications areas such as crawler cranes, truck-mounted cranes, winches, etc.

Hydronic Control Market, By Component

  • Actuators
  • Control panels
  • Flow controller
  • Valves
  • Others

 Hydronic Control Market, By Application

  • Commercial
  • Industrial
  • Residential

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)
    • GCC
    • South Africa

What Information does this report contain?

Historical data coverage: 2016 to 2020; Growth Projections: 2021 to 2027.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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