Selbyville, Delaware,, March 06, 2024 (GLOBE NEWSWIRE) --
The radiant cooling and heating system market is expected to reach USD 3.08 billion by 2032, as reported in a research study by Global Market Insights Inc. The radiant cooling and heating system is witnessing a surge in demand due to the increasing focus on environmentally friendly construction projects. As sustainable building practices gain momentum, radiant heating and cooling systems will become integral components of eco-conscious designs.
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Radiant cooling and heating system market from thermally active building systems could exhibit a decent growth rate over 2024-2032, claims the report. As sustainable building practices gain momentum, the integration of radiant systems becomes pivotal for energy-efficient temperature control. These systems, seamlessly incorporated into thermally active building designs, offer efficient heating and cooling solutions. The market's response to the increasing demand for thermally active building systems underscores the vital role of radiant technology in advancing sustainable and energy-conscious construction practices.
The radiant cooling and heating system market from the electric technology segment will register a noteworthy CAGR from 2024 to 2032, as per the report. As a key component of modern and energy-efficient building solutions, radiant systems provide effective heating and cooling. The market's growth is particularly influenced by the increased integration of electrically powered radiant systems, aligning with the broader trend toward sustainable and technologically advanced heating and cooling solutions in various sectors. This demand reflects the industry's response to the growing emphasis on electric technology for efficient temperature control in diverse applications.
Europe radiant cooling and heating system market will register a robust CAGR from 2024 to 2032, owing to the region's commitment to energy-efficient and sustainable building solutions. As the adoption of radiant systems gains traction, driven by the need for effective heating and cooling, European markets are increasingly embracing this technology. The growth in demand signifies the pivotal role of radiant systems in meeting the energy efficiency standards and environmental goals of the European construction industry. This trend highlights the industry's response to the region's emphasis on green and innovative building practices.
Some of the major key players in radiant cooling and heating system market are Uponor Corporation, Roth Werke GmbH, Viega, Zehnder Group AG. These participants are employing various strategies to enhance their market presence, engaging in product launches across expos and events and focusing on demonstrating potential within the construction industry.
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Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Radiant cooling and heating system industry 3600 synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Product type trends
2.5 Technology trends
2.6 Installation surface trends
2.7 End user trends
Chapter 3 Radiant Cooling and Heating System Market Insights
3.1 Industry ecosystem analysis
3.2 Installation surface analysis
3.3 Key news and initiatives
3.3.1 Partnership/Collaboration
3.3.2 Merger/Acquisition
3.3.3 Investment
3.3.4 Product launch & innovation
3.4 Regulatory landscape
3.5 Impact forces
3.5.1 Growth drivers
3.5.2 Industry pitfalls & challenges
3.6 Consumer buying behavior analysis
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
