According to a new report published by Introspective Market Research, titled, “Australia HVAC Valve Market by type, material type, end users, and distribution channel, Australia Market Analysis and Forecast, 2024-2032.
Australian HVAC Valve Market Size Was Valued at USD 76.53 Million in 2023 and is Projected to Reach USD 110.06 Million by 2032, Growing at a CAGR of 4.12% From 2024-2032.
HVAC valves are critical components in Heating, Ventilation, and Air Conditioning (HVAC) systems. They control the flow of air, water, refrigerants, and other fluids or gases, ensuring proper pressure and temperature regulation within the system. These valves help maintain efficient operation by adjusting the fluid flow to meet system demands, optimizing energy usage, and enhancing comfort. Key types include control valves, shut-off valves, and balancing valves, each serving specific roles like regulating temperature, preventing leaks, and maintaining air quality.
Australia's infrastructure sector is playing a key role in driving growth in the HVAC valve market, fueled by significant public investment. The government has committed $230 billion for major infrastructure projects between 2022–23 and 2026–27, marking a 4% increase in funding from the previous year. This investment is spread across various regions, with projects over $100 million in states like New South Wales, Victoria, Queensland, and Western Australia, and projects exceeding $50 million in other territories.
Advancements in AI and IoT technologies offer a substantial opportunity for optimizing HVAC systems, which account for 50% to 60% of global building energy usage. By incorporating AI, HVAC systems can be more energy-efficient, reducing emissions and improving sustainability. This presents a significant opportunity to enhance operational performance in buildings, which are major energy consumers worldwide.
According to the Australia HVAC Valve, the Market is segmented into type, material type, end users, and distribution channel. By Type, the market is categorized into Ball Valves (Isolation, Flow Control, Directional Control, Emergency Shut-Off, Low-Pressure Drop), Globe Valves (Flow Regulation, Shut-Off, Pressure Drop Regulation, Throttling, Directional Control), Butterfly Valves (Flow Regulation, Isolation / Shut-Off, Directional Flow Control, Low-Pressure Drop, Quick Operation), Pressure Independent Valves (Maintaining Constant Flow, Dynamic Balancing), Gate Valves (Shut-Off, Full Flow, Bi-Directional Flow, Low-Pressure Drop). By End User, the market is categorized into the End User (Residential, Commercial, and Industrial. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Victoria leads with $78.5 billion allocated over four years, representing 20% of its budget, while New South Wales follows closely with $85.6 billion, making up 16.6% of its total expenditure. This funding focuses on building, transport, and utilities, with 62% allocated to construction projects, 30% to transport, and 8% to utilities. These investments are driving the demand for HVAC systems, essential for maintaining indoor climate control in new and upgraded buildings and infrastructure.
As infrastructure projects expand across the country, the demand for HVAC technology, particularly valves that regulate airflow and temperature, is growing. These systems are crucial in large-scale buildings, transport hubs, and road networks, highlighting the strong connection between infrastructure development and HVAC market growth. The need for advanced HVAC solutions is integral to the success of these projects, ensuring optimal conditions in various settings.
IoT integration in HVAC systems allows real-time data collection, enabling continuous monitoring and analysis. AI technologies, particularly deep reinforcement learning (DRL) and big data analytics play a crucial role in optimizing HVAC system operations. DRL algorithms, like Deep Deterministic Policy Gradient (DDPG), offer adaptive control strategies, adjusting to changing conditions without complex system modeling.
Australia HVAC Valve Market Segmentation
Australia HVAC Valve Market is segmented based on type, material type, end users, and distribution channel and Region.
By Type:
Ball valves are critical components in HVAC systems, using a perforated ball to regulate the flow of liquids and gases. This design allows for smooth, unrestricted flow when the ball aligns with the pipe, minimizing pressure loss and ensuring optimal performance. The precise control offered by ball valves makes them ideal for systems that require consistent flow rates, energy efficiency, and quick adjustments.
By Application:
Brass ball valves are widely used in residential plumbing and industrial applications due to their effective flow regulation and user-friendly design. With a centrally located port and spherical disc, they offer smooth operation by turning the handle to open or close the valve. This makes them ideal for situations where quick and clear status verification is required, such as in water supply lines, gas pipelines, and HVAC systems. Brass ball valves are also known for their durability and resistance to corrosion, ensuring reliable performance in diverse environments and under varying pressures and temperatures.
Some of The Leading/Active Market Players Are-
- Honeywell (USA)
- Johnson Controls (Ireland)
- Schneider Electric (France)
- Pentair (USA)
- Watts (USA)
- Daikin (Japan)
- Emerson (USA)
- Flowserve (USA)
- Belimo Holding AG (Switzerland)
- Danfoss A/S (Denmark) And Other Active Players
Key Industry Developments
In June 2024, Flowserve and Heide Refinery, Germany’s northernmost crude oil refinery and chemicals company, partnered to use Flowserve’s Energy Advantage Program to improve Heide Refinery’s energy efficiency. The program uses a data-driven engineering evaluation process to optimize pump and valve power consumption, promoting energy efficiency without disrupting existing processes. This holistic approach helps Heide achieve carbon reduction goals and lower the total cost of ownership. Flowserve engineers have introduced flow control solutions that match Heide Refinery's process requirements, resulting in improved energy efficiency and performance.
In January 2024, Daikin Air Conditioning UK Ltd. acquired Robert Heath Heating Ltd. This acquisition, Daikin’s largest UK investment, strengthens its residential heating service network, supporting its HVAC-R market expansion and decarbonization goals. The acquisition enhances Daikin's maintenance capabilities for heat pumps, complementing its Sustainable Home Centre network.
Key Findings of the Study:
- The Ball segment is anticipated to lead the market due to • Ball valves are critical components in HVAC systems, using a perforated ball to regulate the flow of liquids and gases.
- Brass segment held the largest share of 28.33% in 2023 due to being widely used in residential plumbing and industrial applications due to their effective flow regulation and user-friendly design.
