Heat Interface Unit Market: Global Industry Analysis and Forecast (2021-2027) Share, Size

Heat Interface Unit Market size was valued at US$ 4.64 Bn. in 2020 and the total revenue is expected to grow at 7.83 % through 2021 to 2027, reaching nearly US$ 7.86 Bn.

Heat Interface Unit Market Overview:

A thermal interface unit is a sort of unit that includes control valves, pumps, heat exchangers, sensors, flow meters, and other components that operate as a link between the furnace and the hot water system, resulting in an efficient and reliable solution. These are given using a historic area heating method in large industrial or high-rise apartments, enhancing the streetscape. Heat Interface Unit Market To know about the Research Methodology:- Request Free Sample Report

Heat Interface Unit Market Dynamics:

Increasingly stringent government policies to curb carbon emissions to develop energy-efficient communities are contributing to the growth of the market. Growing demand for energy efficient district heating networks and the recent transition of homes and businesses from gas boilers to new thermal interface units are accelerating the growth of the thermal interface unit market. Smart solutions for energy management are contributing to the growth of the market owing to rapid urbanization addressing security concerns, increasing investments in social housing projects or large-scale buildings. The growing popularity of smart homes is also expected to enhance the market. In May 2021, Cory received $14.75 million in funding from the government to develop the UK's largest district heating network, providing low-carbon heating to 21,000 homes. Such government initiatives are driving the growth of the thermal interface unit market. The increasing integration of heat interface units with IoT utilizing smart monitoring and integrated billing is triggering the market growth significantly. Smart HIUs also offer TCP/IP networking, permitting for reliable two-way communication for diagnostics, commissioning, support, and metering data across the building infrastructure. Because of smart thermal interface unit technology's improved capabilities, the industry is rising. Smart HIUs also offer TCP/IP connectivity, allowing for reliable two-way communication for diagnostics, commissioning, support, and metering data across the building infrastructure. Because of smart thermal interface unit technology's improved capabilities, the industry is rising. In May 2019, Evinox introduced the latest series of intelligent thermal interface units, ModuSat XR, to provide high performance, greater flexibility and easy access. These developments are analyzed to drive the market during the forecast period. However, the high installation costs of setting up district heating solutions, as well as the additional expenses of retrofitting legacy infrastructure with thermal interface devices, are estimated to constrain market growth. The thermal interface unit market is expected to overcome obstacles over the forecast period due to a lack of awareness. Heat Interface Unit Market 1

Heat Interface Unit Market Segment Analysis:

Based on the Product, the global Heat Interface Unit market is sub-segmented into Indirect and Direct. The Indirect Heat Interface Unit segment held the largest market share of 68% in 2020. As a result of its widespread use in smart homes and multi-dwelling flats. Indirect HIU uses two-plate heat exchangers to offer appropriate separation of primary and secondary circuits, as well as proper isolation of operation of both circuits, such as cleaning and inhibiting water in the circuit design. From 2021 to 2027, the market is expected to be steered by beneficial characteristics such as indirect heat interface units. Based on the Verticals, the global Heat Interface Unit market is sub-segmented into Commercial, Industrial and Residential. The Residential segment held the largest market share of 52.1% in 2020. As a result of increased urbanisation in developing countries and a growing global penetration of smart houses Due to the increasing deployment of district heating systems in multi-dwelling apartments, the residential market is expected to develop at the fastest rate, with a CAGR of 8.72%. The Northwest Territories Housing Corporation of Canada announced the completion of an eight-unit apartment complex in Yellowknife in June 2021, complete with a sustainable district heating system powered by renewable energy. The market is being driven by such changes. Heat Interface Unit Market 2

Heat Interface Unit Market Regional Insights:

Europe held the largest market share of 45% in 2020. Many heat interface industrial manufacturing businesses are based in this region, and a number of initiatives are being done in France and the United Kingdom to utilize HIUs for diverse applications. Nottingham University began construction of the project in June 2021 to analyze the performance and effectiveness of a low-carbon or zero-carbon heating system for delivering on-demand, cost-effective heat energy to homes and businesses through a district heating network. North America held the 2nd largest market share of xx% in 2020. As a result of the US government's efforts to promote energy-efficient products. District heating systems for new buildings are one of these initiatives since they save energy and have less negative energy-related environmental effects. The objective of the report is to present a comprehensive analysis of the global Heat Interface Unit Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Heat Interface Unit Market dynamic, structure by analyzing the market segments and project the global Heat Interface Unit Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Heat Interface Unit Market make the report investor’s guide.

Heat Interface Unit Market Scope: Inquire before buying

Global Heat Interface Unit Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 4.64 Bn.
Forecast Period 2021 to 2027 CAGR: 7.83 % Market Size in 2027: US $ 7.86 Bn.
Segments Covered: by Component • Heat exchangers • Controllers • Pumps • Sensors • Valves
by Product • Indirect • Direct
by Application • Commercial • Industrial • Residential

Heat Interface Unit Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Heat Interface Unit Market Key Players

• Danfoss • Kingspan • Alfa Laval • Docherty • Honeywell • Armstrong • Dutypoint • Bosch • Caleffi • Giacomini • Rhico • Elson • Intatec • Thermal Integration • Reliance Worldwide Corporation(UK) • Johnson & Starley • Stokvis Boilers • Evinox Energy • Honeywell Corporation • AWI Licensing LLC • AFI Licensing LLC • Essco Controls

Frequently Asked Questions:

1] What segments are covered in Global Heat Interface Unit Market report? Ans. The segments covered in global Heat Interface Unit Market report are based on Component, Product and Application. 2] Which region is expected to hold the highest share in the global Heat Interface Unit Market? Ans. Europe is expected to hold the highest share in the global Heat Interface Unit Market. 3] What is the market size of global Heat Interface Unit Market by 2027? Ans. The market size of global Heat Interface Unit Market is expected to reach US $ 7.86 Bn. by 2027. 4] Who are the top key players in the global Heat Interface Unit Market? Ans. Danfoss, Kingspan, Alfa Laval, Docherty, Honeywell, Armstrong and Dutypoint are the top key players in the global Heat Interface Unit Market. 5] What was the market size of global Heat Interface Unit Market in 2020? Ans. The market size of global Heat Interface Unit Market in 2020 was US $ 4.64 Bn.
1. Global Heat Interface Unit Market: Research Methodology 2. Global Heat Interface Unit Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Heat Interface Unit Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Heat Interface Unit Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Heat Interface Unit Market Segmentation 4.1 Global Heat Interface Unit Market, by Component (2020-2027) • Heat exchangers • Controllers • Pumps • Sensors • Valves 4.2 Global Heat Interface Unit Market, by Product (2020-2027) • Indirect • Direct 4.3 Global Heat Interface Unit Market, by Application (2020-2027) • Commercial • Industrial • Residential 5. North America Heat Interface Unit Market(2020-2027) 5.1 Global Heat Interface Unit Market, by Component (2020-2027) • Heat exchangers • Controllers • Pumps • Sensors • Valves 5.2 Global Heat Interface Unit Market, by Product (2020-2027) • Indirect • Direct 5.3 Global Heat Interface Unit Market, by Application (2020-2027) • Commercial • Industrial • Residential 5.3 North America Heat Interface Unit Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Heat Interface Unit Market (2020-2027) 6.1. Asia Pacific Heat Interface Unit Market, by Component (2020-2027) 6.2 Global Heat Interface Unit Market, by Product (2020-2027) 6.3. Asia Pacific Heat Interface Unit Market, by Application (2020-2027) 6.4. Asia Pacific Heat Interface Unit Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Heat Interface Unit Market (2020-2027) 7.1 Middle East and Africa Heat Interface Unit Market, by Component (2020-2027) 7.2 Global Heat Interface Unit Market, by Product (2020-2027) 7.3. Middle East and Africa Heat Interface Unit Market, by Application (2020-2027) 7.4. Middle East and Africa Heat Interface Unit Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Heat Interface Unit Market (2020-2027) 8.1. Latin America Heat Interface Unit Market, by Component (2020-2027) 8.2 Global Heat Interface Unit Market, by Product (2020-2027) 8.3. Latin America Heat Interface Unit Market, by Application (2020-2027) 8.4. Latin America Heat Interface Unit Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Heat Interface Unit Market (2020-2027) 9.1. European Heat Interface Unit Market, by Component (2020-2027) 9.2 Global Heat Interface Unit Market, by Product (2020-2027) 9.3. Latin America Heat Interface Unit Market, by Application (2020-2027) 9.4. European Heat Interface Unit Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Danfoss 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Kingspan 10.3. Alfa Laval 10.4. Docherty 10.5. Honeywell 10.6. Armstrong 10.7. Dutypoint 10.8. Bosch 10.9. Caleffi 10.10. Giacomini 10.11. Rhico 10.12. Elson 10.13. Intatec 10.14. Thermal Integration 10.15. Reliance Worldwide Corporation (UK) 10.16. Johnson & Starley 10.17. Stokvis Boilers 10.18. Evinox Energy 10.19. Honeywell Corporation 10.20. AWI Licensing LLC 10.21. AFI Licensing LLC 10.22. Essco Controls

About This Report

Report ID 2218
Category Electronics
Published Date July 2019
Updated Date Jan 2022
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