Underfloor Cooling Market to Grow at a CAGR of 8.0% (2016-2024)

Underfloor Cooling Market

New York, USA, 2018-Jul-21 — /EPR Network/ — According to Goldstein Research, Underfloor cooling market is expected to reach USD 1.2 billion by 2024, growing at a CAGR of 8.0% over the forecast period 2016-2024. The growth in construction of new building and renovating existing building especially in warmer regions of the world is driving the growth of the market. Global underfloor cooling market segmentation has been done on the basis of the component, cooling method, services, end-user and geography. Hydraulics underfloor cooling method is cost effective and compatible with most flooring types, thus acquiring the largest market share of 38.7% in 2016. The global underfloor cooling market is largely dominated by North America acquiring 28.3% market share in 2016 on the back of the largest HVAC market, present in North America. Further, the new development activities in the Asia-Pacific region tend to grow the market at a CAGR of 4.0%.

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Market Segmentation

On the basis of our in-depth analysis, Global Underfloor CoolingMarket can be segmented as follows:

By Component

  • Cooling Pipes
  • Manifolds
  • Pumps

By Cooling Method

  • Radiant Under Floor Cooling
  • Hydraulics Under Floor Cooling

By Services

  • Installation Services
  • Maintenance Services

By End-User

  • Residential
  • Industrial
  • Commercial

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

“Global Underfloor Cooling Market Outlook 2024” contains a detailed overview of the global underfloor cooling market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by component, cooling method, services and end-user.

Further, for the in-depth analysis, Global Underfloor Cooling 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 global underfloor cooling market trends along with a 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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