Asia-Pacific Underfloor Heating and Cooling Systems Market to Grow at a CAGR of 8.2% (2017-2025)

Asia-Pacific Underfloor heating and cooling systems Industry

New York, USA, 2018-May-17 — /EPR Network/ —According to Goldstein Research, Asia-Pacific underfloor heating and cooling systems market is expected to reach USD 1.3 billion by the end of 2025, growing at a CAGR of 8.2% over the forecast period, 2016-2024. The extreme temperature and rising construction activities is thus driving the adoption of underfloor heating and cooling systems. Asia-Pacific Underfloor heating and cooling systems market segmentation has been done on the basis of heating and cooling systems, services, end-users and geography. Based on methods of underfloor heating and cooling systems, hydraunics method accounted for the largest market share of 48.3% in 2017, on the back of its lower cost of installation, less energy consumption system, its suitability with most of the flooring types and it is compatible with both heating and cooling system application.

Asia-Pacific Underfloor heating and cooling systems market is dominated by large economies such as Japan, China and India, with China being the top consumer of underfloor heating and cooling systems market. Thus, China acquired 18.3% in 2017 and it is closely followed by Japan, Singapore and India.

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Market Segmentation

On the basis of our in-depth analysis, Asia-Pacific Underfloor Heating and Cooling Systems Market can be segmented as follows:

By Heating and Cooling System

o             By Component

             Heating Mats

             Heating Cables

             Sensors and Thermostat

             Heating Pipes

             Manifolds

             Cooling Pipes

             Pumps

o             By Methods

             Radiant Under Floor Heating and Cooling Method

             Hydraunics Under Floor Heating and Cooling Method

 

By Services

o             Installation Services

o             Maintenance Services

 

By End-User

o             Residential

o             Industrial

o             Commercial

 

By region

o             China Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             India Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             Japan Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             Australia Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             Vietnam Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             Philippines Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             South Korea Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             Thailand Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

o             Rest of Asia Pacific Underfloor heating and cooling systems {Market Share (%), Market Size (USD Billion)}

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“Asia-Pacific Underfloor Heating and Cooling Systems Market Outlook 2024” contains a detailed overview of the Asia-Pacific Underfloor heating and cooling systems market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by heating and cooling systems, services and end-users.

Further, for the in-depth analysis, Asia-Pacific Underfloor heating and Cooling Systems Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Honeywell International, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG, Nexans S.A., Pentair PLC, Uponor, WMS Underfloor Heating, Danfoss A/S, Emersion Electric Co., Robert Bosch, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Asia-Pacific Underfloor heating and cooling systems market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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