QYResearch: The Europe consumption of thermostatic radiator valves is expected to be 882.05 million USD in 2021
More Info: http://www.qyresearchglobal.com/goods-356855.html According to QYResearch, In the next five years, the Europe consumption of thermostatic radiator valves will maintain about 8.32% annual growth rate; consumption is expected to be 882.05 million USD in 2021. Therefore, in the next five years, thermostatic radiator valves overcapacity situation will not change much.
More Info: http://www.qyresearchglobal.com/goods-356855.html According to QYResearch, In the next five years, the Europe consumption of thermostatic radiator valves will maintain about 8.32% annual growth rate; consumption is expected to be 882.05 million USD in 2021. Therefore, in the next five years, thermostatic radiator valves overcapacity situation will not change much.
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<strong>QYResearch</strong><br />
<strong>The</strong>rmostatic <strong>radia<strong>to</strong>r</strong> valve (TRV) <strong>is</strong> a self-regulat<strong>in</strong>g<br />
valve fitted <strong>to</strong> hot water heat<strong>in</strong>g system <strong>radia<strong>to</strong>r</strong>, <strong>to</strong><br />
control the temperature <strong>of</strong> a room by chang<strong>in</strong>g the flow<br />
<strong>of</strong> hot water <strong>to</strong> the <strong>radia<strong>to</strong>r</strong>.<br />
<strong>The</strong> <strong>consumption</strong> volume <strong>of</strong> <strong>thermostatic</strong> <strong>radia<strong>to</strong>r</strong> <strong>valves</strong><br />
<strong>is</strong> related <strong>to</strong> downstream <strong>in</strong>dustries and global economy.<br />
As there will <strong>be</strong> some uncerta<strong>in</strong> <strong>of</strong> the <strong>Europe</strong> economy<br />
<strong>in</strong> the follow<strong>in</strong>g years, the growth rate <strong>of</strong> <strong>thermostatic</strong><br />
<strong>radia<strong>to</strong>r</strong> <strong>valves</strong> market may not keep that fast. But it <strong>is</strong><br />
surely forecasted that the market <strong>of</strong> <strong>thermostatic</strong><br />
<strong>radia<strong>to</strong>r</strong> <strong>valves</strong> <strong>is</strong> still prom<strong>is</strong><strong>in</strong>g.
QYR<br />
Technology, product design, and pric<strong>in</strong>g patterns <strong>in</strong>fluence purchases <strong>of</strong> <strong>thermostatic</strong> <strong>radia<strong>to</strong>r</strong><br />
<strong>valves</strong>. <strong>The</strong> situation <strong>is</strong> rather complex, as the companies attempt <strong>to</strong> cater <strong>to</strong> diverse segments.<br />
<strong>The</strong> market <strong>is</strong> currently dom<strong>in</strong>ated by a handful <strong>of</strong> local companies that own the core<br />
technologies, <strong>in</strong>clud<strong>in</strong>g Danfoss, IMI (Heimeier & TA), Caleffi and so on.<br />
Accord<strong>in</strong>g <strong>to</strong> <strong>QYResearch</strong>, In the next five years, the <strong>Europe</strong> <strong>consumption</strong> <strong>of</strong> <strong>thermostatic</strong><br />
<strong>radia<strong>to</strong>r</strong> <strong>valves</strong> will ma<strong>in</strong>ta<strong>in</strong> about 8.32% annual growth rate; <strong>consumption</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>be</strong><br />
<strong>882.05</strong> <strong>million</strong> <strong>USD</strong> <strong>in</strong> <strong>2021</strong>. <strong>The</strong>refore, <strong>in</strong> the next five years, <strong>thermostatic</strong> <strong>radia<strong>to</strong>r</strong> <strong>valves</strong><br />
overcapacity situation will not change much.<br />
Regional markets are <strong>in</strong>fluenced by demographic and socio-economic trends. In 2015, the<br />
Germany <strong>is</strong> <strong>expected</strong> <strong>to</strong> rema<strong>in</strong> the largest market for <strong>thermostatic</strong> <strong>radia<strong>to</strong>r</strong> <strong>valves</strong>, account<strong>in</strong>g<br />
for 39.45% <strong>of</strong> the national <strong>to</strong>tal production, followed by UK (14.64%).
QYR<br />
<strong>The</strong> presence <strong>of</strong> brand effect and hav<strong>in</strong>g a<br />
relatively basic technology, the <strong>thermostatic</strong><br />
<strong>radia<strong>to</strong>r</strong> <strong>valves</strong> <strong>in</strong>dustry still poses some<br />
formidable barriers <strong>to</strong> entry. Thus, capital<br />
requirements are quite high due <strong>to</strong> production<br />
features and the diverse nature <strong>of</strong> the<br />
product families. Seasonality <strong>of</strong> bus<strong>in</strong>ess,<br />
price rivalry, government rules and regulations,<br />
and limited d<strong>is</strong>tribution channels also pose<br />
some entry barriers. Yet another deterrent<br />
<strong>to</strong> market entry <strong>is</strong> the complexity <strong>of</strong> log<strong>is</strong>tics.<br />
More Info: http://www.qyresearchglobal.com/goods-356855.html
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