The global demand for Pressure Independent Control Valves Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Pressure independent control valves (PICV) are multifunctional, automatic temperature control and flow regulating valves packed in one compact valve body. It acts as a 2-port control valve, a regulating valve and a differential pressure control valve. PICV gives automatic flow control, flow regulation and pressure control when integrated into terminal units in hot and chilled water systems. The unique and compact feature of PICV offers a better performance of the system, minimizes actuator operations, and increases energy efficiency. The controlled flow to each coil enhances the efficiency of each coil, chiller and boiler.
The unique features of PICV, such as temperature stability, high flow control and regulation, automatic hydronic balancing, enhanced efficiency of the actuator by reducing operations are the major driving forces behind the global PICV market. The other key aspects that are supporting the growth of the PICV in the global market include improved actuator’s lifetime and reduced maintenance costs. Furthermore, growing demand for multifunctional valves in hospitals & healthcare infrastructures, commercial buildings, schools and colleges is propelling the PICV market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of pressure independent control valves.
The entire pressure independent control valves market has been sub-categorized into end-user, body material type and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Body Material Type
- Offices & Commercial Buildings
- Colleges & Universities
- Hospitals & Healthcare
- Data Centers
By Distribution Channel
- Ductile Iron
- Cast Iron
- Carbon Steel
- Stainless Steel
- Others (PP, PE)
- Online Channel
- Offline Channel
This section covers regional segmentation which accentuates on current and future demand for pressure independent control valves market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Pressure Independent Control Valves Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pressure independent control valves market include BelimoAircontrols (USA), Inc., Xylem Inc., Bray Commercial Division, Inc., Danfoss, IMI PLC, Distech Controls Inc., Flow Control Industries, Inc., James M. Pleasants Co., Emerson Swan, FlowCon International ApS, MarflowHydronic Systems, Siemens AG, Griswold Controls, Neptronic Pte Ltd., Hattersley. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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