What is the present valuation and projected CAGR of the thermostatic mixing valves (tmvs) market?
The thermostatic mixing valves (TMVs) market size has grown strongly in recent years. It will grow from $1.15 billion in 2024 to $1.22 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to growth in disposable income, growing awareness regarding protection from scalding and major burn injuries, surging demand for residential thermostatic valves, enforcement of safety regulations and standards in several industries, and growing healthcare infrastructure.
The thermostatic mixing valves (TMVs) market size is expected to see strong growth in the next few years. It will grow to $1.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing residential and commercial construction sector, growing investment in research & development activities, growing focus on energy efficiency and sustainability, surge in consumer demand for smart home integration, and rising awareness of the importance of temperature control for safety. Major trends in the forecast period include rising popularity of smart valve solutions, adoption of smart and connected TMV devices, shift towards lead-free thermostatic mixing valves (TMVs), demand for eco-friendly thermostatic mixing valves, and ongoing research for developing advanced products.
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What key drivers have fueled the thermostatic mixing valves (tmvs) market’s development over the years?
The growing residential and commercial construction sector is expected to propel the growth of the thermostatic mixing valves (TMVs) market going forward. Residential construction refers to building homes and apartments for living, while commercial construction refers to building structures for commercial and institutional purposes. The rise in residential and commercial construction is attributed to urbanization, population, economic development, infrastructure investments, and demand for housing and commercial spaces. Thermostatic mixing valves are crucial for ensuring safety, comfort, and energy efficiency in residential and commercial buildings, controlling water temperature, and enhancing user experience and operational effectiveness. For instance, in July 2024, according to the United States Census Bureau, a US-based government administration, in June 2023, privately owned homes were occurring at a seasonally adjusted annual rate of 1.41 million, a 4.4 % higher than the May 2023 rate of 1.31 million. Furthermore, in August 2023, according to a report published by the Center for Sustainable Systems, a US-based research center, by 2050, commercial building floor space is expected to reach 124.6 billion square feet, a 29% increase from 2022. Therefore, the growing residential and commercial construction sector is driving the growth of the thermostatic mixing valves (TMVs) market.
What is the segmentation for the thermostatic mixing valves (tmvs) market?
The thermostatic mixing valves (TMVs) market covered in this report is segmented –
1) By Valve Type: Emergency Thermostatic Mixing Valves, High Or Low Thermostatic Mixing Valves, Point-Of-Use Thermostatic Mixing Valves, Standard Thermostatic Mixing Valves
2) By Nominal Diameter: Nominal Diameter (DN) 15, Nominal Diameter (DN) 20, Nominal Diameter (DN) 25
3) By Capacity: Up To 5 Gallons Per Minute (GPM), 5 To 10 Gallons Per Minute (GPM), 10 To 15 Gallons Per Minute (GPM)
4) By Application: Residential, Commercial, Industrial
Subsegments:
1) By Emergency Thermostatic Mixing Valves: Thermostatic Mixing Valves For Safety Showers, Thermostatic Mixing Valves For Eyewash Stations
2) By High Or Low Thermostatic Mixing Valves: High Flow Thermostatic Mixing Valves, Low Flow Thermostatic Mixing Valves
3) By Point-of-Use Thermostatic Mixing Valves: Residential Point-Of-Use TMVs, Commercial Point-Of-Use TMVs
4) By Standard Thermostatic Mixing Valves: Domestic Standard TMVs, Industrial Standard TMVs
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Who are the most influential companies in the thermostatic mixing valves (tmvs) market?
Major companies operating in the thermostatic mixing valves (TMVs) market are Honeywell International Inc., Danfoss A/S, Pegler Yorkshire Group Limited, Watts Water Technologies Company, Bradley Company LLC, Reliance Worldwide Corporation, Caleffi S.p.A, Cole-Parmer Instrument Company LLC, Morris Group International Inc., Hans Sasserath GmbH & Co. KG, ThermOmegaTech Inc., Armstrong International Inc., Galvin Engineering Pty Ltd., ESBE AB, Encon Safety Products Inc., Lehry Instrumentation and Valves Pvt Ltd., Leonard Valve Company, Geann Industrial Co. Ltd., Afriso-Euro-Index GmbH, Bianchi F.lli S.P.A, Dolphy India Pvt. Ltd., Pissente
What are the top industry trends projected to impact the thermostatic mixing valves (tmvs) market?
Major companies operating in the thermostatic mixing valves (TMVs) market are focusing on developing innovative products such as lead-free thermostatic mixing valves to reduce lead contamination risk and enhance water temperature control efficiency and reliability. Lead-free thermostatic mixing valves (TMVs) are designed to regulate water temperature in plumbing systems without using lead-containing materials, addressing health concerns. They mix hot and cold water to achieve a precise temperature, ensuring safety and comfort by preventing scalding. For instance, in April 2022, ESBE AB, a Sweden-based hydronic heating and cooling systems product provider, launched the series VTA300. It is a lead-free version of a thermostatic mixing valve equipped with an anti-scald feature that cuts off the hot water supply if the cold water fails, protecting users from scalding, and it is ideal for sensitive environments like nurseries and nursing homes. It ensures a consistent water temperature for optimal comfort and safety. It is designed for domestic hot water and underfloor heating systems; it is easy to install in various setups, including hot water circulation systems. The valve provides immediate hot water access with minimal waste and is constructed from durable, high-quality materials, enhancing its longevity and energy efficiency.
What are the major regional insights for the thermostatic mixing valves (tmvs) market, and which region holds the top position?
North America was the largest region in the thermostatic mixing valves (TMVs) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermostatic mixing valves (TMVs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Thermostatic Mixing Valves (TMVs) Market Report 2025 Offer?
The thermostatic mixing valves (tmvs) market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Thermostatic mixing valves (TMVs) are devices that control water temperature in plumbing systems by blending hot and cold water to ensure a steady, safe temperature at faucets and showers. They help prevent scalding and burns, protecting sensitive individuals and ensuring consistent comfort. Thermostatic mixing valves (TMVs) also improve energy efficiency by minimizing the need for excessive heating or cooling.
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