The common name for pressure independent control valve (PICV) is multi-functional valve. This is a combined operation of three valves in one compact unit. The PICV performs as a differential pressure control valve and a regulating valve and a 2-port control valve. PICV can be fitted to terminal units in heating and chilled water systems to provide flow control, flow regulation, and differential pressure control.
The multi-functional valves market in Asia Pacific is expected to expand at a significant CAGR throughout the forecast period due to the presence of manufacturers of multi-functional valves in the region. This is due to the increasing demand for multi-functional valves from water & wastewater and chemical industries in Asia Pacific.
The Multi-Functional Valves market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Multi-Functional Valves.
This report presents the worldwide Multi-Functional Valves market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Bray Commercial Division
Flow Control Industries
James M. Pleasants
Marflow Hydronic Systems
Multi-Functional Valves Breakdown Data by Type
Multi-Functional Valves Breakdown Data by Application
Offices & Commercial Buildings
Hospitals & Healthcare
Multi-Functional Valves Production by Region
Multi-Functional Valves Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Multi-Functional Valves status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Multi-Functional Valves manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Multi-Functional Valves :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Multi-Functional Valves market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.