Global Four Way Reversing Valves Market By Product Type (3.5-20 Kw,21-40 Kw,41 Kw And Above), By Application (Residential Air-Conditioning, Commercial Air-Conditioning), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Four Way Reversing Valves Market By Product Type (3.5-20 Kw,21-40 Kw,41 Kw And Above), By Application (Residential Air-Conditioning, Commercial Air-Conditioning), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Four Way Reversing Valves Market by Product Type (3.5-20 kW,21-40 kW,41 kW and above), By Application(Residential Air-Conditioning, Commercial Air-Conditioning), and by Region -Global Forecast to 2030, which offers a holistic view of the global four-way reversing valves market through systematic segmentation that covers every aspect of the target market.

The global four-way reversing valves market is projected to be US$ 447.6 Mn in 2020 to reach US$ 675.41 Mn by 2030 at a CAGR of 4.2%.

A four-way valve with operating control used for heat pumps is known as a four-way reversing valve. The four-way reversing valve is a vital component to reverse the cycle of one to one heat pump systems. They reverse the flow direction of refrigerants by providing heating and cooling from the system to the air-conditioned space. These valves facilitate an energetically optimized and effective defrosting method. Four-way reversing valves are at the core of heat pump systems and are undoubtedly essential for their smooth function. Reversing the circulation in reversible refrigeration systems is the primary function of four-way reversing valves. With the reversing function, the evaporator becomes a condenser, and the condenser becomes an evaporator. The four-way reversing valves are also used for efficient defrosting. In a reversible system, the evaporator turns in to a condenser and can be defrosted by internal heating when the circulation is reversed. This process concedes excellent defrosting results and is practically unbeatable as regards to energy consumption, efficient heat transfers, and defrosting time. Therefore, they are used in packaged air conditioners, central and room air conditioners.

Increasing use of heat pump technology to reduce CO2 emission is increasing, as it is the most efficient alternative of oil, electric systems, and fuel in regards to both cooling and heating solutions. Since, four-way reversing valves perform the critical function in the heat pumps, increasing the use of heat pumps is a major factor driving the growth of the global four-way reversing valves market.


Global Four Way Reversing Valves Market Revenue (US$ Mn), 2021 to 2030


However, high installation and replacement cost of four-way reversing valves, as compared to its other counterparts is a major factor anticipated to hamper the growth of the global four-way reversing valves market. Nonetheless, changing the outlook towards the geothermal energy is creating lucrative opportunities for growth of the four-way reversing valves market as it is used in the heat pumps which are a vital component of geothermal energy based central heating and cooling system.

Global four-way reversing valves Market is segmented on the basis of product type, application, and region. On the basis of product type, the market is segmented into 3.5-20 kW,21-40 kW,41 kW and above. The 3.5-20 kW segment accounts for the majority share and is expected to register the highest growth over the forecast period. On the basis of application, the market is segmented into residential air-conditioning, commercial air-conditioning. The commercial air-conditioning segment accounts for a majority share in the global four-way reversing valves market and is expected to register the highest growth over the forecast period.


Global Four Way Reversing Valves Market by Formulation, 2018


On the basis of region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. The APAC accounts for the majority share in the global four-way reversing valves market and is expected to register highest growth rate after over forecast period owing to favorable government regulations and incentives in economies such as China, India, etc. for increasing energy efficiency. Regions such as North America, Europe, South America, and MEA are expected to register stable growth over the forecast period.

The research report on the global four-way reversing valves market includes profiles of some of the major companies such as Sanhua Holding Group Co., Ltd., Saginomiya Seisakusho, Inc., Zhejiang Dunan Artificial Environment Co., Ltd, TSI Technologies, Okayama Seiko, Anhui Tianda Group Co., Ltd., Shanghai Goldair Electric System Co., Ltd.


Key Market Segments

By  Type

  
3.5-20 kW
  
21-40 kW
  
41 kW and above

By Application

  
Residential Air-Conditioning
  
Commercial Air-Conditioning


Key Market Players included in the report:


  
Anhui Tianda Group Co. Ltd.
  
DunAn
  
Okayama Seiko
  
Saginomiya (Danfoss)
  
Sanhua Holding Group Co. Ltd.
  
Shanghai Goldair Electric System Co. Ltd.
  
TSI Technologies
  
Zhejiang Dunan Artificial Environment Co. Ltd