Asia-Pacific Underfloor Heating & Cooling System Market Size, Share, Demand, Growth Opportunity Assessment, Regional Outlook, Industry Analysis, And Forecast 2017-2025

Asia-Pacific Underfloor Heating and Cooling Systems Market 

Market Overview

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 Research analyst forecast that the Asia-Pacific underfloor heating and cooling systems market is set to reach USD 1.3 billion, growing at a CAGR of 8.2% over the forecast period (2016-2024).

Asia-Pacific Underfloor Heating and Cooling Systems Market Segmentation

By Heating and Cooling System

• By Component
  • Heating Mats
  • Heating Cables
  • Sensors and Thermostat
  • Heating Pipes
  • Manifolds
  • Cooling Pipes
  • Pumps
• By Methods
  • Radiant Under Floor Heating and Cooling Method
  • Hydraunics Under Floor Heating and Cooling Method

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

• Installation Services
• Maintenance Services

By End-User

• Residential
• Industrial
• Commercial

By Geography

• Japan {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• China {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• India {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• Singapore {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• Australia {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• South Korea {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• New Zealand {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market
• Rest of APAC {Market Share (%), Market Size (USD Billion)} Food Service Equipment Market

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.

Covered In This Asia-Pacific Underfloor Heating and Cooling Systems Market Report

The report covers the present ground scenario and the future growth prospects of the underfloor heating and cooling systems market for 2016-2024 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 2016-2024, 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.

Our Asia-Pacific underfloor heating and cooling systems market report comprises of the following companies as the key players: 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.

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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Key questions answered in this Asia-Pacific Underfloor Heating and Cooling Systems Market Report

• What is the total market size by 2024 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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