세계의 온도조절식 라디에이터 밸브 시장 : 시장 점유율과 순위, 전체 판매 및 수요 예측(2025-2031년)

The global market for Thermostatic Radiator Valves was estimated to be worth US$ 1620 million in 2024 and is forecast to a readjusted size of US$ 2312 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Thermostatic Radiator Valves cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

A thermostatic radiator valve (TRV) is a self-regulating control device fitted to a radiator in a hot-water heating system that automatically adjusts the flow of hot water into the radiator based on the temperature in the surrounding room or space, using an integrated temperature-sensing element-often a wax capsule or liquid-filled sensor-that expands or contracts with temperature changes to modulate the valve opening, thereby maintaining the desired room temperature without manual adjustment, improving comfort, and enhancing energy efficiency by preventing overheating and reducing unnecessary heat output.

In 2024, global Thermostatic Radiator Valves production reached approximately 120 million units, with an average global market price of around US$ 18 per unit.

The thermostatic radiator valve (TRV) market is set for substantial expansion globally, supported by growing awareness of energy efficiency, stricter government regulations on building energy performance, and the rising adoption of smart heating solutions in residential, commercial, and industrial buildings, as TRVs allow users to automatically control the heat output of individual radiators based on room temperature, thereby reducing energy waste and lowering heating costs; in mature markets such as Europe, where district heating systems and radiator-based heating are common, retrofitting existing systems with modern or smart TRVs is a major driver, particularly in countries implementing carbon reduction targets and incentivizing energy-saving home upgrades, while in emerging regions like Asia-Pacific and Eastern Europe, rapid urbanization, expanding construction activities, and the modernization of heating infrastructure are boosting demand; integration of TRVs into smart home ecosystems, featuring remote control, programmable schedules, and data-driven energy management, is creating new opportunities for premium, connected products, appealing to both tech-savvy consumers and energy-conscious property managers; advances in TRV design, such as electronic sensors, self-balancing functions, and wireless connectivity, are enhancing accuracy, ease of installation, and compatibility with diverse heating systems, widening the addressable market; the renovation wave in older housing stock across Europe and North America is further fueling replacement demand, while government subsidies for sustainable heating upgrades are accelerating adoption; manufacturers are differentiating through aesthetic designs, sustainability-focused materials, and compatibility with multiple radiator types to capture broader market segments; overall, with the convergence of environmental policy, technological innovation, and heightened consumer focus on comfort and cost savings, the TRV market is poised for steady growth over the next decade, offering opportunities for both established heating component brands and new entrants leveraging smart, efficient, and user-friendly product innovations.

This report aims to provide a comprehensive presentation of the global market for Thermostatic Radiator Valves, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Thermostatic Radiator Valves by region & country, by Type, and by Application.

The Thermostatic Radiator Valves market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermostatic Radiator Valves.

Market Segmentation

By Company

• Danfoss
• IMI (Heimeier & TA)
• Caleffi
• Honeywell
• Oventrop
• Giacomini
• Comap
• Herz
• Vaillant
• Junkers
• Drayton
• Grundfos
• Siemens
• Schlosser
• Myson
• Pettinaroli
• Pegler Yorkshire
• Mayson

Segment by Type

• Traditional TRVs
• Electronics Valves

Segment by Application

• Residential Building
• Commercial Building

By Region

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia-Pacific
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Netherlands
  • Nordic Countries
  • Rest of Europe
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Thermostatic Radiator Valves manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Thermostatic Radiator Valves in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Thermostatic Radiator Valves in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

• 1.1 Thermostatic Radiator Valves Product Introduction
• 1.2 Global Thermostatic Radiator Valves Market Size Forecast
  • 1.2.1 Global Thermostatic Radiator Valves Sales Value (2020-2031)
  • 1.2.2 Global Thermostatic Radiator Valves Sales Volume (2020-2031)
  • 1.2.3 Global Thermostatic Radiator Valves Sales Price (2020-2031)
• 1.3 Thermostatic Radiator Valves Market Trends & Drivers
  • 1.3.1 Thermostatic Radiator Valves Industry Trends
  • 1.3.2 Thermostatic Radiator Valves Market Drivers & Opportunity
  • 1.3.3 Thermostatic Radiator Valves Market Challenges
  • 1.3.4 Thermostatic Radiator Valves Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global Thermostatic Radiator Valves Players Revenue Ranking (2024)
• 2.2 Global Thermostatic Radiator Valves Revenue by Company (2020-2025)
• 2.3 Global Thermostatic Radiator Valves Players Sales Volume Ranking (2024)
• 2.4 Global Thermostatic Radiator Valves Sales Volume by Company Players (2020-2025)
• 2.5 Global Thermostatic Radiator Valves Average Price by Company (2020-2025)
• 2.6 Key Manufacturers Thermostatic Radiator Valves Manufacturing Base and Headquarters
• 2.7 Key Manufacturers Thermostatic Radiator Valves Product Offered
• 2.8 Key Manufacturers Time to Begin Mass Production of Thermostatic Radiator Valves
• 2.9 Thermostatic Radiator Valves Market Competitive Analysis
  • 2.9.1 Thermostatic Radiator Valves Market Concentration Rate (2020-2025)
  • 2.9.2 Global 5 and 10 Largest Manufacturers by Thermostatic Radiator Valves Revenue in 2024
  • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermostatic Radiator Valves as of 2024)
• 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

• 3.1 Introduction by Type
  • 3.1.1 Traditional TRVs
  • 3.1.2 Electronics Valves
• 3.2 Global Thermostatic Radiator Valves Sales Value by Type
  • 3.2.1 Global Thermostatic Radiator Valves Sales Value by Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global Thermostatic Radiator Valves Sales Value, by Type (2020-2031)
  • 3.2.3 Global Thermostatic Radiator Valves Sales Value, by Type (%) (2020-2031)
• 3.3 Global Thermostatic Radiator Valves Sales Volume by Type
  • 3.3.1 Global Thermostatic Radiator Valves Sales Volume by Type (2020 VS 2024 VS 2031)
  • 3.3.2 Global Thermostatic Radiator Valves Sales Volume, by Type (2020-2031)
  • 3.3.3 Global Thermostatic Radiator Valves Sales Volume, by Type (%) (2020-2031)
• 3.4 Global Thermostatic Radiator Valves Average Price by Type (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Residential Building
  • 4.1.2 Commercial Building
• 4.2 Global Thermostatic Radiator Valves Sales Value by Application
  • 4.2.1 Global Thermostatic Radiator Valves Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global Thermostatic Radiator Valves Sales Value, by Application (2020-2031)
  • 4.2.3 Global Thermostatic Radiator Valves Sales Value, by Application (%) (2020-2031)
• 4.3 Global Thermostatic Radiator Valves Sales Volume by Application
  • 4.3.1 Global Thermostatic Radiator Valves Sales Volume by Application (2020 VS 2024 VS 2031)
  • 4.3.2 Global Thermostatic Radiator Valves Sales Volume, by Application (2020-2031)
  • 4.3.3 Global Thermostatic Radiator Valves Sales Volume, by Application (%) (2020-2031)
• 4.4 Global Thermostatic Radiator Valves Average Price by Application (2020-2031)

5 Segmentation by Region

• 5.1 Global Thermostatic Radiator Valves Sales Value by Region
  • 5.1.1 Global Thermostatic Radiator Valves Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global Thermostatic Radiator Valves Sales Value by Region (2020-2025)
  • 5.1.3 Global Thermostatic Radiator Valves Sales Value by Region (2026-2031)
  • 5.1.4 Global Thermostatic Radiator Valves Sales Value by Region (%), (2020-2031)
• 5.2 Global Thermostatic Radiator Valves Sales Volume by Region
  • 5.2.1 Global Thermostatic Radiator Valves Sales Volume by Region: 2020 VS 2024 VS 2031
  • 5.2.2 Global Thermostatic Radiator Valves Sales Volume by Region (2020-2025)
  • 5.2.3 Global Thermostatic Radiator Valves Sales Volume by Region (2026-2031)
  • 5.2.4 Global Thermostatic Radiator Valves Sales Volume by Region (%), (2020-2031)
• 5.3 Global Thermostatic Radiator Valves Average Price by Region (2020-2031)
• 5.4 North America
  • 5.4.1 North America Thermostatic Radiator Valves Sales Value, 2020-2031
  • 5.4.2 North America Thermostatic Radiator Valves Sales Value by Country (%), 2024 VS 2031
• 5.5 Europe
  • 5.5.1 Europe Thermostatic Radiator Valves Sales Value, 2020-2031
  • 5.5.2 Europe Thermostatic Radiator Valves Sales Value by Country (%), 2024 VS 2031
• 5.6 Asia Pacific
  • 5.6.1 Asia Pacific Thermostatic Radiator Valves Sales Value, 2020-2031
  • 5.6.2 Asia Pacific Thermostatic Radiator Valves Sales Value by Region (%), 2024 VS 2031
• 5.7 South America
  • 5.7.1 South America Thermostatic Radiator Valves Sales Value, 2020-2031
  • 5.7.2 South America Thermostatic Radiator Valves Sales Value by Country (%), 2024 VS 2031
• 5.8 Middle East & Africa
  • 5.8.1 Middle East & Africa Thermostatic Radiator Valves Sales Value, 2020-2031
  • 5.8.2 Middle East & Africa Thermostatic Radiator Valves Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions Thermostatic Radiator Valves Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions Thermostatic Radiator Valves Sales Value and Sales Volume
  • 6.2.1 Key Countries/Regions Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.2.2 Key Countries/Regions Thermostatic Radiator Valves Sales Volume, 2020-2031
• 6.3 United States
  • 6.3.1 United States Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.3.2 United States Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.3.3 United States Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.4.2 Europe Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.4.3 Europe Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.5.2 China Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.5.3 China Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.6.2 Japan Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.6.3 Japan Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.7.2 South Korea Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.7.3 South Korea Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.8.2 Southeast Asia Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India Thermostatic Radiator Valves Sales Value, 2020-2031
  • 6.9.2 India Thermostatic Radiator Valves Sales Value by Type (%), 2024 VS 2031
  • 6.9.3 India Thermostatic Radiator Valves Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 Danfoss
  • 7.1.1 Danfoss Company Information
  • 7.1.2 Danfoss Introduction and Business Overview
  • 7.1.3 Danfoss Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.1.4 Danfoss Thermostatic Radiator Valves Product Offerings
  • 7.1.5 Danfoss Recent Development
• 7.2 IMI (Heimeier & TA)
  • 7.2.1 IMI (Heimeier & TA) Company Information
  • 7.2.2 IMI (Heimeier & TA) Introduction and Business Overview
  • 7.2.3 IMI (Heimeier & TA) Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.2.4 IMI (Heimeier & TA) Thermostatic Radiator Valves Product Offerings
  • 7.2.5 IMI (Heimeier & TA) Recent Development
• 7.3 Caleffi
  • 7.3.1 Caleffi Company Information
  • 7.3.2 Caleffi Introduction and Business Overview
  • 7.3.3 Caleffi Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.3.4 Caleffi Thermostatic Radiator Valves Product Offerings
  • 7.3.5 Caleffi Recent Development
• 7.4 Honeywell
  • 7.4.1 Honeywell Company Information
  • 7.4.2 Honeywell Introduction and Business Overview
  • 7.4.3 Honeywell Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.4.4 Honeywell Thermostatic Radiator Valves Product Offerings
  • 7.4.5 Honeywell Recent Development
• 7.5 Oventrop
  • 7.5.1 Oventrop Company Information
  • 7.5.2 Oventrop Introduction and Business Overview
  • 7.5.3 Oventrop Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.5.4 Oventrop Thermostatic Radiator Valves Product Offerings
  • 7.5.5 Oventrop Recent Development
• 7.6 Giacomini
  • 7.6.1 Giacomini Company Information
  • 7.6.2 Giacomini Introduction and Business Overview
  • 7.6.3 Giacomini Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.6.4 Giacomini Thermostatic Radiator Valves Product Offerings
  • 7.6.5 Giacomini Recent Development
• 7.7 Comap
  • 7.7.1 Comap Company Information
  • 7.7.2 Comap Introduction and Business Overview
  • 7.7.3 Comap Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.7.4 Comap Thermostatic Radiator Valves Product Offerings
  • 7.7.5 Comap Recent Development
• 7.8 Herz
  • 7.8.1 Herz Company Information
  • 7.8.2 Herz Introduction and Business Overview
  • 7.8.3 Herz Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.8.4 Herz Thermostatic Radiator Valves Product Offerings
  • 7.8.5 Herz Recent Development
• 7.9 Vaillant
  • 7.9.1 Vaillant Company Information
  • 7.9.2 Vaillant Introduction and Business Overview
  • 7.9.3 Vaillant Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.9.4 Vaillant Thermostatic Radiator Valves Product Offerings
  • 7.9.5 Vaillant Recent Development
• 7.10 Junkers
  • 7.10.1 Junkers Company Information
  • 7.10.2 Junkers Introduction and Business Overview
  • 7.10.3 Junkers Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.10.4 Junkers Thermostatic Radiator Valves Product Offerings
  • 7.10.5 Junkers Recent Development
• 7.11 Drayton
  • 7.11.1 Drayton Company Information
  • 7.11.2 Drayton Introduction and Business Overview
  • 7.11.3 Drayton Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.11.4 Drayton Thermostatic Radiator Valves Product Offerings
  • 7.11.5 Drayton Recent Development
• 7.12 Grundfos
  • 7.12.1 Grundfos Company Information
  • 7.12.2 Grundfos Introduction and Business Overview
  • 7.12.3 Grundfos Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.12.4 Grundfos Thermostatic Radiator Valves Product Offerings
  • 7.12.5 Grundfos Recent Development
• 7.13 Siemens
  • 7.13.1 Siemens Company Information
  • 7.13.2 Siemens Introduction and Business Overview
  • 7.13.3 Siemens Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.13.4 Siemens Thermostatic Radiator Valves Product Offerings
  • 7.13.5 Siemens Recent Development
• 7.14 Schlosser
  • 7.14.1 Schlosser Company Information
  • 7.14.2 Schlosser Introduction and Business Overview
  • 7.14.3 Schlosser Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.14.4 Schlosser Thermostatic Radiator Valves Product Offerings
  • 7.14.5 Schlosser Recent Development
• 7.15 Myson
  • 7.15.1 Myson Company Information
  • 7.15.2 Myson Introduction and Business Overview
  • 7.15.3 Myson Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.15.4 Myson Thermostatic Radiator Valves Product Offerings
  • 7.15.5 Myson Recent Development
• 7.16 Pettinaroli
  • 7.16.1 Pettinaroli Company Information
  • 7.16.2 Pettinaroli Introduction and Business Overview
  • 7.16.3 Pettinaroli Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.16.4 Pettinaroli Thermostatic Radiator Valves Product Offerings
  • 7.16.5 Pettinaroli Recent Development
• 7.17 Pegler Yorkshire
  • 7.17.1 Pegler Yorkshire Company Information
  • 7.17.2 Pegler Yorkshire Introduction and Business Overview
  • 7.17.3 Pegler Yorkshire Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.17.4 Pegler Yorkshire Thermostatic Radiator Valves Product Offerings
  • 7.17.5 Pegler Yorkshire Recent Development
• 7.18 Mayson
  • 7.18.1 Mayson Company Information
  • 7.18.2 Mayson Introduction and Business Overview
  • 7.18.3 Mayson Thermostatic Radiator Valves Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.18.4 Mayson Thermostatic Radiator Valves Product Offerings
  • 7.18.5 Mayson Recent Development

8 Industry Chain Analysis

• 8.1 Thermostatic Radiator Valves Industrial Chain
• 8.2 Thermostatic Radiator Valves Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 Thermostatic Radiator Valves Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 Thermostatic Radiator Valves Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer