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Heat Interface Unit Market by Component, Product, Application And Geography - Global Forecast to 2023

Heat Interface Unit Market: Global Forecast until 2023

  • December 2017
  • 133 pages
  • ID: 5248736
In this report:
According to Danfoss (Denmark), buildings accounted for a share of more than ##% of the total energy consumption in the European region in 2016 and were responsible for about ##% of the total CO emissions in the region in the same year.
APAC accounted for a share of ##.##% of the heat interface units market in 2016 and is expected to grow at a CAGR of ##.##% between 2017 and 2023.

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The global heat interface unit market is anticipated to grow at a CAGR (Compound annual growth rate) of 7.90 percent during 2017-2023

The heat interface unit market is forecasted to grow from $374.70M in 2017 to $591.30M by 2023, at a compound annual growth rate (CAGR) of 7.90 percent between 2017 and 2023. The growing supportive regulatory and legislative framework, increasing use of district heating solutions, and growing adoption of smart homes in developing nations drive the HIU market rise. The top restraining factors for the increase ot the heat interface unit market are the additional expenses incurred in retrofitting existing systems and higher initial cost combined with HIUs

The heat interface unit market for the residential application to hold the biggest market share by 2023

The heat interface unit market for the residential application is forecasted to account for the biggest market share by 2023 as a result of rising adoption of heat interface units in multi-housing apartment buildings and single-family houses

Market for indirect HIUs is anticipated to increase at the highest compound annual growth rate (CAGR) during the outlook period

The indirect heat interface unit market is anticipated to rise at the maximal rate during the estimate period. The increase of the market in this industry segment is assigned to the advantages of using indirect HIUs that contain clarity of primary and secondary circuits; primary and secondary circuits can be independently isolated for maintenance; primary and secondary circuit water can be cleaned and inhibited separately. As a result, there are very few chances of pipe burst and water damage.

EU to hold the biggest share and is expected to witness the highest increase in the heat interface unit market in the upcoming future

Europe (EU) is forecasted to hold the biggest share of the heat interface unit market by 2023. Many heat interface unit manufacturing firms are located in this area. The heat interface unit market in EU is anticipated to grow at an important compound annual growth rate (CAGR) during the outlook period. The high rise of the market in this area can be accredited to the growing implementation of heat interface units for various applications in the UK and France (FR).

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main people in the heat interface unit market. The break-up of primary participants for the industry report has been shown below:

• By Company category: Tier 1 - 45 %, Tier 2 - 30.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite executives - 40.0 percent and Managers - 60.0 percent

• By Area: Americas - 30.0 percent, Europe (EU) - 40.0 percent, Asia-Pac - 20.0 percent, and rest of the world - 10.0 percent

The report also profiles the top actors in this industry. The main players decribed in this business report are Armstrong Fluid Technology, Bosch, Dutypoint, Honeywell, Kingspan, GIACOMINI, Docherty, Caleffi S.p.a. , ALFA LAVAL, Danfoss, Rhico., Thermal Integration, Reliance Worldwide Corporation, and Intatec.

Segment Research

This market research classifies the global heat interface unit market established on component, product, application, and area. The study depicts main drivers, industry restraints, opportunities, and possibilities pertaining to the market as well as provides the value chain study.

Why Purchasing This Study Can Help You:

The analysis would benefit competitors/new sector entrants in this sector in these ways:

1. This document breaks down the heat interface unit market comprehensively and offers the closest industry size estimation for sub-segments across different areas.

2. The market research would benefit partners distinguish the pulse of the sector and offer them with info on key market drivers, market restraints, opportunities, and alternatives for industry growth.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to enhance their rank in the business sector. The competitive outlook section includes the info on the competitor's ecosystem, launches of new product, acquisitions, alliances, strategic agreements, contracts, and collaborations.

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