New Study from StrategyR Highlights a $36.1 Billion Global Market for Hydronic Control by 2026

SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Hydronic Control - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Edition: 7; Released: January 2022
Executive Pool: 18383
Companies: 12 - Players covered include Armstrong Fluid Technology; Belimo Holding AG; Caleffi SpA; Danfoss A/S; Flamco B.V.; Giacomini SpA; Honeywell International, Inc.; IMI PLC; Johnson Controls International PLC; Oventrop GmbH & Co. KG; Reflex Winkelmann GmbH; Schneider Electric SA; Siemens AG; Spirotech; Xylem, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Equipment (Actuators, Valves, Flow Controllers, Control Panels, Other Equipment); Sector (Residential, Commercial, Industrial)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Hydronic Control Market to Reach $36.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Hydronic Control estimated at US$32.2 Billion, is projected to reach a revised size of US$36.1 Billion by 2026, growing at a CAGR of 1.8% over the analysis period. Actuators, one of the segments analyzed in the report, is projected to record a 2.1% CAGR and reach US$11.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Valves segment is readjusted to a revised 1.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.9 Billion in 2021, While China is Forecast to Reach $6.8 Billion by 2026
The Hydronic Control market in the U.S. is estimated at US$8.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2026 trailing a CAGR of 3.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR.

Flow Controllers Segment to Reach US$6 Billion by the year 2026
In the global Flow Controllers segment, USA, Canada, Japan, China and Europe will drive the 1.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.1 Billion will reach a projected size of US$4.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.