Asia Pacific Hydronic Balancing Valves Market Forecast to 2031 – Regional Analysis – by Type (Static Balancing Valves, Fixed-Orifice Balancing Valves, Automatic Balancing Valves, and Pressure-Independent Flow Control Valves), Connection Type (Flanged, Threaded, and Others), Size (Less then 5 Inches, 6-10 Inches, 11- 20 Inches, and Above 20 Inches), and Application (Residential, Commercial, and Industrial)

BMIRE00031073 | Pages: 100 | Manufacturing and Construction | Dec 2024 | Status: Published

The Asia Pacific hydronic balancing valves market was valued at US$ 391.37 million in 2023 and is expected to reach US$ 669.34 million by 2031; it is estimated to register a CAGR of 6.9% from 2023 to 2031.

Rising Urbanization Worldwide Boosts Asia Pacific Hydronic Balancing Valves Market

Fast-growing emerging nations in Asia and Africa continue to witness high investments in the construction of residential and commercial infrastructure, which fuels the demand for proper building infrastructure and HVAC systems. According to IBEF (Indian Brand and Equity Foundation) data, the real estate industry in India was valued at US$ 1.72 billion in 2019 and expected to reach US$ 9.30 billion by 2040. The development of the real estate industry is fueled by factors such as an increase in the construction of residential, commercial, retail, and hotel units. As a result, the Government of India is likely to invest and focus on various business prospects for infrastructure development in India. According to the IBEF, the government also sanctioned 100% FDIs (Foreign Direct Investment) to develop township and residential settlement infrastructure projects to meet the country's expanding infrastructure requirements. Further, the urban standard of living requires proper, well-maintained residential and commercial building infrastructure, which drives the demand for HVAC systems. Thus, the rising urbanization across the region propels the application of hydronic balancing valves, which fuels the market growth.

Asia Pacific Hydronic Balancing Valves Market Overview

The Asia Pacific hydronic balancing valves market is segmented into China, India, Australia, Japan, and South Korea. The market growth in Asia Pacific is largely attributed to increasing urbanization, along with rising population growth, which is driving the need for smart infrastructure. Additionally, government regulations focused on encouraging the application of energy-efficient heating and cooling solutions are boosting the demand for hydronic balancing valves in Asia Pacific. The region is witnessing growth in numerous real estate projects and public-private investments in several industrial, residential, and commercial development areas due to the rise in urbanization. The need for HVAC services in the residential sector is mostly driven by new installations across the region. Due to increased building and development projects, the installation of air conditioners is rising across Southeast Asia nations, including Vietnam, Thailand, Indonesia, Malaysia, the Philippines, and China, which is anticipated to propel the Asia Pacific hydronic balancing valves market in Asia Pacific over the forecast period.

Asia Pacific Hydronic Balancing Valves Market Revenue and Forecast to 2031 (US$ Million)

 

Asia Pacific Hydronic Balancing Valves Market Revenue and Forecast to 2031 (US$ Million)

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Asia Pacific Hydronic Balancing Valves Market Segmentation

The Asia Pacific hydronic balancing valves market is categorized into type, connection type, size, application, and country.

Based on type, the Asia Pacific hydronic balancing valves market is segmented into static balancing valves, fixed-orifice balancing valves, automatic balancing valves, and pressure-independent flow control valves. The static balancing valves segment held the largest market share in 2023.

In terms of connection type, the Asia Pacific hydronic balancing valves market is segmented into flanged, threaded, and others. The flanged segment held the largest market share in 2023.

By size, the Asia Pacific hydronic balancing valves market is segmented into less then 5 inches, 6-10 inches, 11- 20 inches, and above 20 inches. The less then 5 inches segment held the largest market share in 2023.

By application, the Asia Pacific hydronic balancing valves market is segmented into residential, commercial, and industrial. The residential segment held the largest market share in 2023.

By country, the Asia Pacific hydronic balancing valves market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific hydronic balancing valves market share in 2023.

Danfoss AS, Johnson Controls International Plc, Xylem Inc., Victaulic Company, Oventrop GmbH & Co. KG, and Caleffi S.p.a. are some of the leading companies operating in the Asia Pacific hydronic balancing valves market.   

1.           Introduction

1.1       The Insight Partners Research Report Guidance

1.2       Market Segmentation

2.           Executive Summary

2.1       Key Insights

2.2       Market Attractiveness

3.           Research Methodology

3.1       Secondary Research

3.2       Primary Research

3.2.1         Hypothesis formulation:

3.2.2         Macro-economic factor analysis:

3.2.3         Developing base number:

3.2.4         Data Triangulation:

3.2.5         Country level data:

4.           Asia Pacific Hydronic Balancing Valves Market Landscape

4.1       Overview

4.2       Ecosystem Analysis

4.2.1         Raw Materials Suppliers-

4.2.2         Manufacturing and Assembly:

4.2.3         Distribution and Logistics:

4.2.4         End Users:

4.2.5         List of Vendors in the Value Chain

5.           Asia Pacific Hydronic Balancing Valves Market – Key Market Dynamics

5.1       Market Drivers

5.1.1         Increasing Demand for Energy-efficient Solutions

5.1.2         Growing Application of Hydronic Balancing Valves for HVAC Systems in Oil & Gas Industry

5.1.3         Rising Urbanization Worldwide

5.2       Market Restraints

5.2.1         High Cost of Installation, Repair, and Maintenance of Hydronic Balancing Valves

5.3       Market Opportunities

5.3.1         Integration of Smart Technology into Hydronic Balancing Valves

5.4       Future Trends

5.4.1         Utilization of Sustainable Materials and Components in Public Infrastructure

5.5       Impact of Drivers and Restraints:

6.           Hydronic Balancing Valves Market – Asia Pacific Market Analysis

6.1       Asia Pacific Hydronic Balancing Valves Market Revenue (US$ Million), 2021–2031

6.2       Asia Pacific Hydronic Balancing Valves Market Forecast Analysis

7.           Asia Pacific Hydronic Balancing Valves Market Analysis – by Type

7.1       Static Balancing Valves

7.1.1         Overview

7.1.2         Static Balancing Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

7.2       Fixed-Orifice Balancing Valves

7.2.1         Overview

7.2.2         Fixed-Orifice Balancing Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

7.3       Automatic Balancing Valves

7.3.1         Overview

7.3.2         Automatic Balancing Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

7.4       Pressure-Independent Flow Control Valves

7.4.1         Overview

7.4.2         Pressure-Independent Flow Control Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

8.           Asia Pacific Hydronic Balancing Valves Market Analysis – by Connection Type

8.1       Flanged

8.1.1         Overview

8.1.2         Flanged: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

8.2       Threaded

8.2.1         Overview

8.2.2         Threaded: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

8.3       Others

8.3.1         Overview

8.3.2         Others: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

9.           Asia Pacific Hydronic Balancing Valves Market Analysis – by Size

9.1       Less than 5 Inches

9.1.1         Overview

9.1.2         Less than 5 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

9.2       6-10 Inches

9.2.1         Overview

9.2.2         6-10 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

9.3       11- 20 Inches

9.3.1         Overview

9.3.2         11-20 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

9.4       Above 20 Inches

9.4.1         Overview

9.4.2         Above 20 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

10.        Asia Pacific Hydronic Balancing Valves Market Analysis – by Application

10.1     Residential

10.1.1       Overview

10.1.2       Residential: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

10.2     Commercial

10.2.1       Overview

10.2.2       Commercial: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

10.3     Industrial

10.3.1       Overview

10.3.2       Industrial: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.        Asia Pacific Hydronic Balancing Valves Market – Country Analysis

11.1     Asia Pacific Hydronic Balancing Valves Market, by Key Countries- Revenue (2023) (US$ Million)

11.1.1       Asia Pacific Hydronic Balancing Valves Market, by Key Countries, 2023 and 2031 (%)

11.1.1.1          Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast Analysis – by Country

11.1.1.2          Australia: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.1.1.2.1        Australia: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Type

11.1.1.2.2        Australia: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Connection Type

11.1.1.2.3        Australia: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Size

11.1.1.2.4        Australia: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Application

11.1.1.3          China: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.1.1.3.1        China: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Type

11.1.1.3.2        China: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Connection Type

11.1.1.3.3        China: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Size

11.1.1.3.4        China: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Application

11.1.1.4          India: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.1.1.4.1        India: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Type

11.1.1.4.2        India: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Connection Type

11.1.1.4.3        India: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Size

11.1.1.4.4        India: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Application

11.1.1.5          Japan: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.1.1.5.1        Japan: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Type

11.1.1.5.2        Japan: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Connection Type

11.1.1.5.3        Japan: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Size

11.1.1.5.4        Japan: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Application

11.1.1.6          South Korea: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.1.1.6.1        South Korea: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Type

11.1.1.6.2        South Korea: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Connection Type

11.1.1.6.3        South Korea: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Size

11.1.1.6.4        South Korea: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Application

11.1.1.7          Rest of APAC: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

11.1.1.7.1        Rest of APAC: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Type

11.1.1.7.2        Rest of APAC: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Connection Type

11.1.1.7.3        Rest of APAC: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Size

11.1.1.7.4        Rest of APAC: Asia Pacific Hydronic Balancing Valves Market Breakdown, by Application

12.        Competitive Landscape

12.1     Company Positioning & Concentration

12.2     Heat Map Analysis

13.        Industry Landscape

13.1     Overview

13.2     Market Initiative

13.3     Product Development

13.4     Mergers & Acquisitions

14.        Company Profiles

14.1     Danfoss AS

14.1.1       Key Facts

14.1.2       Business Description

14.1.3       Products and Services

14.1.4       Financial Overview

14.1.5       SWOT Analysis

14.1.6       Key Developments

14.2     Johnson Controls International Plc

14.2.1       Key Facts

14.2.2       Business Description

14.2.3       Products and Services

14.2.4       Financial Overview

14.2.5       SWOT Analysis

14.2.6       Key Developments

14.3     Xylem Inc.

14.3.1       Key Facts

14.3.2       Business Description

14.3.3       Products and Services

14.3.4       Financial Overview

14.3.5       SWOT Analysis

14.3.6       Key Developments

14.4     Frese A/S

14.4.1       Key Facts

14.4.2       Business Description

14.4.3       Products and Services

14.4.4       Financial Overview

14.4.5       SWOT Analysis

14.4.6       Key Developments

14.5     Victaulic Company

14.5.1       Key Facts

14.5.2       Business Description

14.5.3       Products and Services

14.5.4       Financial Overview

14.5.5       SWOT Analysis

14.5.6       Key Developments

14.6     Caleffi S.p.a.

14.6.1       Key Facts

14.6.2       Business Description

14.6.3       Products and Services

14.6.4       Financial Overview

14.6.5       SWOT Analysis

14.6.6       Key Developments

14.7     Oventrop GmbH & Co. KG

14.7.1       Key Facts

14.7.2       Business Description

14.7.3       Products and Services

14.7.4       Financial Overview

14.7.5       SWOT Analysis

14.7.6       Key Developments

15.        Appendix

15.1     About The Insight Partners

 

List of Tables

Table 1.             Asia Pacific Hydronic Balancing Valves Market Segmentation

Table 2.             List of Vendors

Table 3.             Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Table 4.             Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 5.             Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million) –  by Connection Type

Table 6.             Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million) – by Size

Table 7.             Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million) – by Application

Table 8.             Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 9.             Australia: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Type

Table 10.          Australia: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Connection Type

Table 11.          Australia: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Size

Table 12.          Australia: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 13.          China: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Type

Table 14.          China: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Connection Type

Table 15.          China: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Size

Table 16.          China: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 17.          India: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Type

Table 18.          India: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Connection Type

Table 19.          India: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Size

Table 20.          India: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 21.          Japan: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Type

Table 22.          Japan: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Connection Type

Table 23.          Japan: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Size

Table 24.          Japan: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 25.          South Korea: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) –  by Type

Table 26.          South Korea: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Connection Type

Table 27.          South Korea: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) –  by Size

Table 28.          South Korea: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 29.          Rest of APAC: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Type

Table 30.          Rest of APAC: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Connection Type

Table 31.          Rest of APAC: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Size

Table 32.          Rest of APAC: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million) – by Application

 

List of Figures

Figure 1.           Asia Pacific Hydronic Balancing Valves Market Segmentation, by Country

Figure 2.           Asia Pacific Hydronic Balancing Valves Market – Key Market Dynamics

Figure 3.           Impact Analysis of Drivers and Restraints

Figure 4.           Asia Pacific Hydronic Balancing Valves Market Revenue (US$ Million), 2021–2031

Figure 5.           Asia Pacific Hydronic Balancing Valves Market Share (%) – by Type (2023 and 2031)

Figure 6.           Static Balancing Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

Figure 7.           Fixed-Orifice Balancing Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 8.           Automatic Balancing Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 9.           Pressure-Independent Flow Control Valves: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 10.        Asia Pacific Hydronic Balancing Valves Market Share (%) – by Connection Type (2023 and 2031)

Figure 11.        Flanged: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 12.        Threaded: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 13.        Others: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 14.        Asia Pacific Hydronic Balancing Valves Market Share (%) – by Size (2023 and 2031)

Figure 15.        Less than 5 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031  (US$ Million)

Figure 16.        6-10 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 17.       11-20 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 18.        Above 20 Inches: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 19.        Asia Pacific Hydronic Balancing Valves Market Share (%) – by Application (2023 and 2031)

Figure 20.        Residential: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 21.        Commercial: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 22.        Industrial: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031 (US$ Million)

Figure 23.        Asia Pacific Hydronic Balancing Valves Market Breakdown, by Key Countries–Revenue (2023) (US$ Million)

Figure 24.        Asia Pacific Hydronic Balancing Valves Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 25.        Australia: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million)

Figure 26.        China: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million)

Figure 27.        India: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million)

Figure 28.        Japan: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million)

Figure 29.        South Korea: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million)

Figure 30.        Rest of APAC: Asia Pacific Hydronic Balancing Valves Market – Revenue and Forecast to 2031(US$ Million)

Figure 31.        Company Positioning & Concentration

Figure 32.             Heat Map Analysis

  • Danfoss AS 
  • Johnson Controls International Plc 
  • Xylem Inc.  
  • Victaulic Company  
  • Oventrop GmbH & Co. KG 
  • Caleffi S.p.a. 
  • Frese A/S
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific hydronic balancing 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 Asia Pacific hydronic balancing 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 Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific hydronic balancing valves 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.
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