Thermal actuators are widely used in floor and ceiling radiation heating and refrigeration systems, air conditioning systems, radiator heating systems, and other systems that need temperature control or fluid on-off control. The electric actuator shall be used together with the regulating valve. The thermal actuator automatically switches the controlled loop through the received signal of the indoor temperature controller or other electrical switches.
This report contains market size and forecasts of Thermal Electric Actuator in global, including the following market information:
Global Thermal Electric Actuator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Thermal Electric Actuator Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Thermal Electric Actuator companies in 2021 (%)
The global Thermal Electric Actuator market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Normally Closed Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Thermal Electric Actuator include Danfoss, Honeywell, MENRED, Uponor, Caleffi, Schneider Electric, Giacomini, SAUTER and Watts, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Thermal Electric Actuator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermal Electric Actuator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Thermal Electric Actuator Market Segment Percentages, by Type, 2021 (%)
Normally Closed Type
Normally Open Type
Global Thermal Electric Actuator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Thermal Electric Actuator Market Segment Percentages, by Application, 2021 (%)
Home Use
Commercial Use
Industrial Use
Global Thermal Electric Actuator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Thermal Electric Actuator Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermal Electric Actuator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Thermal Electric Actuator revenues share in global market, 2021 (%)
Key companies Thermal Electric Actuator sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Thermal Electric Actuator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Danfoss
Honeywell
MENRED
Uponor
Caleffi
Schneider Electric
Giacomini
SAUTER
Watts
IMI Hydronic Engineering
Hailin
CONTROLLI
Heatmiser
EPH Controls
SALUS Controls
SASWELL
Beok
Grenton