Thermostatic & Digital Mixing Valves Market 2019-2026

Thermostatic & Digital Mixing Valves Market 2019-2026

Bonafide Trust 06-08-2022 130 Pages Figures : 40 Tables : 58
Region : Global Category : IT & Telecommunications Technology

The Thermostatic & Digital Mixing Valves Market Was Valued at 816.04 million US$ in 2019 and Is Projected to Reach 1260.4 million US$ By 2026, At A CAGR of 6.7 percentage During the Forecast Period.

A thermostatic mixing valve (TMV) is a valve that blends hot water with cold water to ensure constant, safe shower and bath outlet temperatures, preventing scalding. Digital mixing valves offer a smart way to deliver mixed water throughout a hot water recirculation loop, while allowing facilities managers to remotely monitor and control water temperatures. Energy efficiency, convenience, and damage mitigation are some of the benefits offered by smart plumbing. In addition to this, IoT integration in thermostatic and digital mixing valves is another key factor that is positively impacting the growth of the market at present.  IoT allows for a precise control over data related to water resources, thereby allowing for optimized water management. Key applications of smart water management include temperature monitoring to prevent accidental scalding and leakage detection, and water quality monitoring, among others.

Growing investments for infrastructure development and rising awareness regarding scalding injuries have created a huge opportunity for manufacturers of thermostatic mixing valves. Government initiatives and investments toward residential construction, besides commercial construction, have also boosted demand for thermostatic mixing valves. Companies manufacturing thermostatic mixing valves are looking to expand their production capacities, which will help them enter growing market places and reduce lead times. Expansion of manufacturing capacity and increasing capacity utilization rates are anticipated to have a favorable impact on market growt

Deep analysis about market status (2016-2019), competition pattern, advantages and disadvantages of products, industry development trends (2019-2026), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to downstream buyers of this industry will be analyzed scientifically, the product value chain and sales distribution channel will be presented as well. This report will help you to establish comprehensive overview of the Thermostatic & Digital Mixing Valves Market

The Thermostatic & Digital Mixing Valves Market can be split based on product types, major applications, and important regions.

By Material Type:
1. Bronze and Brass
2. Stainless Steel
3. Copper
4. Thermoplastic
5. Others

By Product Type:
1. Thermostatic Mixing Valve
2. Digital Mixing Valve

By Flow Rate:
1. Below 2 GPM
2. 2-20 GPM
3. 20-38 GPM
4. Above 38 GPM

By Communication Protocol:
1. BACnet
2. Modbus
3. WiFi
4. Others

By Standards:
1. ASSE 1017
2. ASSE 1016
3. ASSE 1069
4. ASSE 1070
5. ASSE 1071
6. CSA

By Application:
2. Space Heating
3. Heat Pump Systems
4. Bathing Systems
5. Hot/Cold Water Distribution
6. Others

By End-use:
1. Residential
2. Commercials and Institutions
2.1. Schools
2.2. Restaurants
2.3. Hotels
2.4. Hospitals
2.5. Sports Complex
2.6. Retails Centers
3. Industrial
3.1. Building & Constructions
3.2. Chemicals
3.3. Healthcare
3.4. Others

By Region
1. U.S.
2. Canada

This report includes the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions. The Report broadly covers:

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