Thermostatic radiator valve (TRV) is a self-regulating valve fitted to hot water heating system radiator, to control the temperature of a room by changing the flow of hot water to the radiator. Electronic Thermostatic Radiator Valves use batteries and electronic thermostats to constantly monitor the temperature of the room and move the pin up and down accordingly.
Europe occupied 83.19% of the sales market in 2017. It is followed by North America which accounted for around 9.24% of the global total industry. Other countries have a smaller amount of sales. Geographically, Europe was the largest production market in the world, which took about 77.60% of the global production volume in 2017.
Over the next five years, It is projected that Electronic Thermostatic Radiator Valves will register a 21.5% CAGR in terms of revenue, reach US$ 130 million by 2023, from US$ 40 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Thermostatic Radiator Valves market by product type, application, key manufacturers and key regions.
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To calculate the market size, It is considered value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Electronic Thermostatic Radiator Valves by Players
4 Electronic Thermostatic Radiator Valves by Regions
8 Middle East & Africa
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