Heat Interface Unit Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
Heat Interface Unit (HIU) refers to the device which acts as an interface for transferring heat from one heating network to another. It is a system which conveniently cools or heats a fluid by rejecting sensible heat with the help of a heat exchanger, involving mechanical circulation by a pump. The heat interface unit makes heat available instantaneously for usage due to the appropriate technology.
A HIU efficiently delivers the heat to the desired destination. It acts as an electrically and hydraulically secure connecting mode for space heating and hot water systems, to primary heat supply network which enables better controllability and metering. In recent years, the HIU market has seen significant growth owing to the improved functionality of heat interface units, and its reduced installation and maintenance costs, as compared to other heating or cooling appliances. Heat interface units are installed in apartment complexes. It is convenient to use a central boiler to provide heating and hot water to the complex instead of using a boiler in each dwelling. Thus, heat interface unit is used to resolve this issue as it serves as a bridge between the central boiler and the hot water systems of each apartment. HIU is equipped with heat meter which measures the amount of heat being utilized by the customer. The same concept is followed in the usage of HIU in district and community heating which involves heat supply from a central source to different destinations which may include offices, schools, shops, houses, apartments, and community centers. Using HIU in multi-dwelling buildings stops the use of gas for the same utility, which decreases the risks associated with gas distribution and saves costs. These types of usage drive the global heat interface unit market.
The global heat interface unit market can be segmented in terms of product type, application, and region. On the basis of product type, the global heat interface unit market can be segmented into direct and indirect. Indirect HIU involves two-plate heat exchangers which provides appropriate separation of primary and secondary circuits and enables proper isolation of maintenance of both circuits such as cleansing and inhibition of water of the circuits. Thus, indirect HIU is readily used for all the applications. On the basis of product type, the global heat interface unit market can be segmented into household, industrial, and commercial applications of heat interface units. The residential applications of HIU is anticipated to grow significantly during the forecast period due to the increase in usage of heat interface units for multi-housing apartment buildings, and other residential buildings. On the basis of region, the global heat interface unit market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America heat interface unit market is anticipated to proliferate owing to the initiatives of the U.S. government for energy-efficient products. These initiatives include district heating systems for new buildings as it reduces energy use and decreases the adverse energy-related environmental effects. Europe is another region having a significant market share in the global HIU market, as many heat interface unit manufacturing companies are located in this region, and a number of initiatives are taken for HIU implementation for various applications in France and the U.K.
The global heat interface unit market includes various players. Some of the key players in the market are Alfa Laval, Dutypoint, Bosch, Honeywell, Intatec Ltd, Reliance Worldwide Corporation, Heatrae Sadia, ELCO Heating Solutions, Comap International, and many more companies.
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