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2020-09-01
762
Asia Pacific
Asia-Pacific region experiences temperature variations from hottest to coldest season. Also there is huge development activities i.e. construction of new buildings and renovation of existing buildings on account of urbanization such as in China, India, Japan and Singapore. Therefore, the residential building, office and business construction, industrial and sports halls or open spaces, are being optimized with heating and cooling systems as per the individual requirement. The building planners and owners have developed their preferences for underfloor heating and cooling systems when it comes to modern and advanced system solutions. Thus, the extreme temperature and rising construction activities is thus driving the adoption of underfloor heating and cooling systems. Further, the trend of smart solutions where the working of these systems is controlled by connecting devices and routine of usage pattern has thus boosted the installations of underfloor heating and cooling systems. The systems are also designed in a way to serve the purpose of both temperature conditions. For instance, in India temperature varies from 18 degree in month of December to 40 degree in month of May. Thus, the installation of single system is feasible that has both cooling and heating solutions. Goldstein Market Intelligence analyst forecast that the Asia-Pacific underfloor heating and cooling systems market is set to grow at a CAGR of 8.2% over the forecast period (2017-2030).
By Heating and Cooling System
Based on methods of underfloor heating and cooling systems, hydraunics method accounted for largest market share of 48.3% in 2017, on the back of its lower cost of installation, less energy consumption system and its suitability with most of the flooring types, it is compatible with both heating and cooling system application. Over the forecast period it is expected to continue its dominance growing at a CAGR of 8.3%.
By Services
By End-User
By Geography
Based on geography, the developing countries such as Japan, China and India acquired the largest market share, 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.
The report covers the present ground scenario and the future growth prospects of the underfloor heating and cooling systems market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Asia-Pacific region. Asia-Pacific underfloor heating and cooling systems market is forecasted on the basis of underfloor heating and cooling systems installations.
Asia-Pacific underfloor heating and cooling systems Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Asia-Pacific underfloor heating and cooling systems market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Asia-Pacific Underfloor Heating and Cooling Systems Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Asia Pacific Underfloor Heating & Cooling System Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Top Companies in Competition & The Rising Stars
Our Asia-Pacific underfloor heating and cooling systems market report comprises of the following companies as the key players:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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