PUBLISHER: The Business Research Company | PRODUCT CODE: 1711278
PUBLISHER: The Business Research Company | PRODUCT CODE: 1711278
Thermostatic mixing valves (TMVs) are mechanisms that regulate water temperature within plumbing systems by mixing hot and cold water, ensuring a consistent and safe temperature at taps and showers. They play a crucial role in preventing scalds and burns, particularly for vulnerable individuals, while also providing reliable comfort. Additionally, TMVs enhance energy efficiency by reducing the need for excessive heating or cooling.
The primary categories of thermostatic mixing valves include emergency thermostatic mixing valves, high- or low-temperature thermostatic mixing valves, point-of-use thermostatic mixing valves, and standard thermostatic mixing valves. Emergency thermostatic mixing valves are designed for quick water temperature regulation in safety showers and eyewash stations, helping to avoid scalding during emergencies. Different nominal diameters, such as DN 15, DN 20, and DN 25, correspond to varying capacities ranging from up to 5 gallons per minute (GPM), 5 to 10 GPM, and 10 to 15 GPM, respectively. These valves are suitable for a variety of applications, including residential, commercial, and industrial settings.
The thermostatic mixing valves (TMVs) market research report is one of a series of new reports from The Business Research Company that provides thermostatic mixing valves (TMVs) market statistics, including thermostatic mixing valves (TMVs) industry global market size, regional shares, competitors with a thermostatic mixing valves (TMVs) market share, detailed thermostatic mixing valves (TMVs) market segments, market trends, and opportunities, and any further data you may need to thrive in the thermostatic mixing valves (TMVs) industry. These thermostatic mixing valves (TMVs) market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The thermostatic mixing valves (TMVs) market size has grown strongly in recent years. It will grow from $1.15 billion in 2024 to $1.22 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to growth in disposable income, growing awareness regarding protection from scalding and major burn injuries, surging demand for residential thermostatic valves, enforcement of safety regulations and standards in several industries, and growing healthcare infrastructure.
The thermostatic mixing valves (TMVs) market size is expected to see strong growth in the next few years. It will grow to $1.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing residential and commercial construction sector, growing investment in research & development activities, growing focus on energy efficiency and sustainability, surge in consumer demand for smart home integration, and rising awareness of the importance of temperature control for safety. Major trends in the forecast period include rising popularity of smart valve solutions, adoption of smart and connected TMV devices, shift towards lead-free thermostatic mixing valves (TMVs), demand for eco-friendly thermostatic mixing valves, and ongoing research for developing advanced products.
The thermostatic mixing valves (TMVs) market is anticipated to grow significantly due to the expanding residential and commercial construction sectors. Residential construction includes the development of homes and apartments, while commercial construction encompasses structures built for business and institutional use. This rise in construction activity is driven by factors such as urbanization, population growth, economic progress, infrastructure investments, and increased demand for housing and commercial properties. TMVs play a vital role in ensuring safety, comfort, and energy efficiency within these buildings by regulating water temperature, thereby enhancing user experience and operational efficiency. For example, in July 2024, the United States Census Bureau reported that in June 2023, the annual rate of privately owned home constructions was 1.41 million, which represents a 4.4% increase compared to the May 2023 rate of 1.31 million. Additionally, a report from the Center for Sustainable Systems published in August 2023 predicts that by 2050, commercial building floor space in the U.S. will reach 124.6 billion square feet, marking a 29% increase from 2022. Thus, the surge in residential and commercial construction is a key driver for the growth of the TMVs market.
Leading companies in the thermostatic mixing valves (TMVs) market are concentrating on creating innovative products, such as lead-free TMVs, to mitigate the risk of lead contamination while improving water temperature control efficiency and reliability. These lead-free valves regulate water temperature in plumbing systems without incorporating lead-containing materials, addressing health concerns. They are designed to mix hot and cold water to achieve precise temperatures, ensuring safety and comfort by preventing scalding. For instance, in April 2022, ESBE AB, a Swedish provider of hydronic heating and cooling products, launched the VTA300 series, a lead-free thermostatic mixing valve that features an anti-scald mechanism. This mechanism shuts off the hot water supply if the cold water supply fails, thus protecting users from scalding. This valve is particularly suitable for sensitive environments such as nurseries and nursing homes, as it maintains a consistent water temperature for optimal comfort and safety. It is intended for use in domestic hot water and underfloor heating systems, and it can be easily installed in various configurations, including hot water circulation systems. The valve also offers immediate access to hot water with minimal waste and is constructed from durable, high-quality materials to enhance longevity and energy efficiency.
In September 2023, Galvin Engineering, an Australian manufacturer of lead-free plumbing products, entered into a partnership with RMC Reliance Valves. This collaboration aims to introduce the Lead Safe CliniMix Healthcare Thermostatic Mixing Valves (TMV), leveraging their combined expertise to deliver reliable and innovative solutions within the Australian plumbing industry. RMC Reliance Valves is also an Australian manufacturer specializing in TMVs that focus on enhancing the safety and efficiency of water heating systems.
Major companies operating in the thermostatic mixing valves (TMVs) market are Honeywell International Inc., Danfoss A/S, Pegler Yorkshire Group Limited, Watts Water Technologies Company, Bradley Company LLC, Reliance Worldwide Corporation, Caleffi S.p.A, Cole-Parmer Instrument Company LLC, Morris Group International Inc., Hans Sasserath GmbH & Co. KG, ThermOmegaTech Inc., Armstrong International Inc., Galvin Engineering Pty Ltd., ESBE AB, Encon Safety Products Inc., Lehry Instrumentation and Valves Pvt Ltd., Leonard Valve Company, Geann Industrial Co. Ltd., Afriso-Euro-Index GmbH, Bianchi F.lli S.P.A, Dolphy India Pvt. Ltd., Pissente
North America was the largest region in the thermostatic mixing valves (TMVs) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermostatic mixing valves (TMVs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the thermostatic mixing valves (TMVs) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The thermostatic mixing valves (TMVs) market consists of sales of high-pressure thermostatic mixing valves, low-pressure thermostatic mixing valves, point-of-use thermostatic mixing valves, centralized thermostatic mixing valves, and digital thermostatic mixing valves. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Thermostatic Mixing Valves (TMVs) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on thermostatic mixing valves (tmvs) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for thermostatic mixing valves (tmvs) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The thermostatic mixing valves (tmvs) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.