Johnson Controls, Schneider Electric, Siemens- NOTABLE MARKET PARTICIPANTS IN HVAC VALVES INDUSTRY
The HVAC valves market is highly competitive in nature with considerable number of players, having a high level of dominance over the overall revenue share. Most of the companies operating in the HVAC Valve market are present globally and have wide distribution and sales network through partnerships or authorized dealers.
The most notable HVAC valves market participants are Honeywell, International, Inc., Johnson Controls, Schneider Electric, Siemens AG, Belimo, Flowserve, AVK Group A/S, Samson Controls, Inc., Mueller Industries, and Danfoss for a considerable share of the market owing to their product offerings to the HVAC valves market.
The HVAC valves market terms of new products development has remained significant, however in past couple of years there have been very few new developments in terms of valve designs or updation with advanced technology. For instance, in 2017, AVK introduced its new gate valve, which was based on the prominent AVK series of the company, the series 46 design with long steel spigot ends especially for gas applications. Furthermore, the valves are also standard with external PUR coating and are available in DN80-600. They are produced with full traceability of every pressure bearing component like all AVK gate valves for gas, and are available with 3.1 certificates.
Many well-known as well as small local companies are present in the HVAC valves market t to provide diversified product to its customers. The larger firms are adopting the strategy of acquiring small firms to enhance its product portfolio and expand its footprint in different geographies. Few on the important Merger and acquisitions from the industry are mentioned below:
Year | News | Country |
2019 | AVK completed the acquisition of a 60% stake in AC.MO s.r.l.. With this new acquisition AC.MO s.r.l. will strengthen the entire AVK Group counting +100 companies and more than 3.900 dedicated employees. AC.MO will be part of the Continental European region under the chairmanship of Morten S. Nielsen. | Europe |
2017 | AVK announced the acquisition of Fusion Group Ltd. for merging the business of both the company to enhance the customer experience towards in a safety-critical sector. | Europe |
2017 | SAMSON Controls Inc. acquired SED Flow Control, specialty valve manufacturer, in order to strengthen their leading role in the biotech and pharmaceuticals sector and steadily drive digitized process automation based on smart, networked valve technology. | North America |
2016 | Johnson Controls closes the acquisition of Tyco International PLC. This acquisition is made to provide better products, services with enhanced services for all product lines such as HVAC, fire, security, to help commercial buildings, large institutions, residential, retail, and industrial. | Europe |