Allied Market Research

2024

Hydronic Control Market

Hydronic Control Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Equipment, by Installation Type and by Industry verticals : Global Opportunity Analysis and Industry Forecast, 2023-2032

CM : Engineering, Equipment and Machinery

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Author's: | Sonia Mutreja
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Hydronic control is the system of using liquid as the heat transfer medium in heating and cooling applications. The fluids commonly used in such systems as the heat transfer medium are water, mineral oil, glycol among other alternatives. In large-scale industrial or commercial applications, the hydronic system employed can include both a heated and a chilled water loop, to provide for both heating and air conditioning.

However, the chilling or heating loops may be used separately as well for cooling or heating purposes respectively. These systems are almost completely noiseless. Conventional air heating units use fans to blow the flame. Hydronic control systems on the other hand make use of natural resources for heating like natural gas and water. Also, the energy utilized is much lesser in comparison to other systems such as reverse cycle systems, among others. Hydronic control systems are well sealed and have minimal emissions. Hence, these systems are considered to be environment friendly. Since hydronic control systems use radiation and natural convection to heat the air, the supplied air does not become dry or humid. This makes the system allergen-free and dust free and the most suitable option for the people that have asthma. Since hydronic heating systems commonly use water and (or) other fluids, they are cheaper in comparison to other systems like split or ducted heating systems which operate on electricity and can generate high energy bills. This is because, in hydronic control systems, the water used as medium helps in retaining the temperature, and thus reduces the need for extra energy. These systems that are adequately sealed and comprise of very few moving parts and hence the chances of accidental hazards or fires are reduced. 

COVID-19 scenario analysis:

  • COVID-19 pandemic has forced many companies including manufacturers and service providers in the HVAC market to halt their business operations to comply with new government rules and regulations. This halt in operations directly impacts the revenue flow of the market players and thereby the global hydronic control market. 
  • Moreover, research scientists are unable to rule out the possibility of spread of coronavirus through heating, ventilation, and air conditioning (HVAC) systems. 
  • Consumers around the world are confused whether HVAC air filtration systems can protect them from COVID-19 exposure. 
  • Some systems like germicidal wavelength UV fixtures were capable of filtering air in previous cases of SARS and MERS viruses but the same cannot be scientifically claimed for COVID-19, as research is still ongoing.
  • Installation and servicing operations would be impeded as contact prevention norms reduce the number of orders that can be handled per day by HVAC companies.
  • Therefore, the hydronic control market is expected to get negatively affected in 2020. 

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Opportunities, Restraints and Impact Analysis

Rising global urbanisation, industrialization, awareness regarding energy conservation, and energy efficiency are important factors that are expected to aid the growth of the HVAC market and as a result the hydronic control market as well in both the residential and commercial construction sectors. Various governmental and international regulatory bodies have imposed environmental and energy-efficiency related regulations that is creating demand for better designed and improved products in the HVAC systems market. One major restraining factor of the global hydronic control market is the lack of awareness of technology among residential customers. However, the growth opportunity for the global hydronic control market comes from the increase in the disposable income of the average consumer globally. Rise in the adoption of air conditioning systems all over the world in residential apartments will also drive the hydronic control market growth. Hydronic control systems offer several advantages over its alternatives such as low operating and installation costs. They also have the benefit of noiseless operation as well. 

The global hydronic control market trends are as follows:

Rising awareness of the importance of energy conservation and environmental degradation

Growing awareness regarding energy conservation is a major driver for the global hydronic control market. As a result, government agencies around the world, international regulatory bodies and the global construction industry itself are pushing towards the increased adoption of advanced hydronic control systems to optimize energy consumption. Hydronic control systems used in boilers are growing in popularity due to the high efficiency and effectiveness of these systems in regulating the temperature and pressure when employed in different manufacturing processes. The increased adoption of hydronic control systems in various industrial applications is expected to fuel the growth of the hydronic control market. The manufacturing sector causes high energy dissipation due to the various manufacturing processes that are employed, and this can result in increase in temperature of the facilities as well as the environment. Hydronic control is being increasingly adopted for their energy-efficient performance as it helps to reduce the environmental impact of these industries. Large cooling systems are required in these manufacturing facilities to provide effective cooling. Valves are commonly used components in hydronic control systems to handle and control the pressure of liquid and gas. The use of valves can give the benefit of being able to regulate the flow of the fluid and control the temperature depending on the specific requirements of that process. The growing application of these regulating valves in the oil & gas industry is expected to boost the growth of the hydronic control market. The demand for high performance hydronic controls as a solution to energy-efficiency and environmental problems is increasing globally and this is expected to help the global hydronic control market grow.

Growth of global construction industry with rising population, urbanisation and disposable income around the world

According to data from the United Nations (U.N), more than 54% of global population is living in urban areas. Due to the factors of growing population, urbanisation and increased standard of living of consumers around the world, the global hydronic control market is expected to expand. These factors are expected to aid the global hydronic control market grow as the growth of the global HVAC industry goes hand in hand with growth of urbanisation. With rising disposable income, consumers are increasingly looking for increased comfort in their living or working conditions. Hydronic control systems are almost noiseless in their operation. The energy required for the operation of these hydronic control systems is much lesser in comparison to their alternatives. Growing awareness regarding energy conservation and consumer affinity towards energy-efficient HVAC systems is a major driver for the global hydronic control market. These factors are expected to help grow the demand of Hydronic control in the global food and beverages industry and thus help the global Hydronic control industry grow.

Key segments covered:

Key benefits of the report:

  • This study presents the analytical depiction of the global hydronic control market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global hydronic control market share.
  • The current market is quantitatively analyzed to highlight the global hydronic control market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global hydronic control market analysis based on competitive intensity and how the competition will take shape in coming years. 

Hydronic Control Market Report Highlights

Aspects Details
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By Type
  • Hot water
  • Chilled water
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By Equipment
  • Actuators
  • Valves
  • Control Panels
  • Flow Controllers
  • Others
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By Installation Type
  • New installation
  • Retrofit installation
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By Industry verticals
  • Construction
  • Manufacturing
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Reflex, Honeywell, Danfoss, Flamco, Spirotech, Siemens, Schneider Electric, Xylem, Johnson Controls, Armstrong

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Hydronic Control Market

Global Opportunity Analysis and Industry Forecast, 2023-2032