Radiant Cooling Systems Market Technological Advancements and Innovations by 2030

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The market for global radiant cooling systems exhibited a significant level of strength in 2021 and is projected to sustain a rapid revenue CAGR throughout the forecast period. The increasing emphasis on reducing energy consumption and enhancing the energy efficiency of commercial buildings, coupled with a growing need to improve indoor and outdoor air quality due to rising health concerns, as well as technological advancements in radiant cooling systems, are some of the major factors anticipated to drive the growth of market revenue in the coming years. Radiant cooling systems offer an efficient means of reducing energy consumption by providing uniformly cooled surfaces, enabling occupants to set their thermostats a few degrees higher, and creating a comfortable environment by optimizing the surface temperature of the occupants' surroundings while efficiently absorbing excess heat from the surrounding environment. These factors are expected to promote the adoption of radiant cooling systems and contribute to the growth of the market's revenue in the future.

Radiant cooling represents an innovative and advanced approach to high-efficiency cooling that creates a comfortable environment by circulating chilled water through a network of polymer pipes installed in ceilings, walls, or floors. This network of pipes converts the floors, walls, and ceilings of a conditioned space into cooled surfaces that uniformly absorb heat energy from the surrounding environment.

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Top Profiled Companies in the Global Radiant Cooling Systems Market Report:

  • Jardine Engineering Corporation (JEC)
  • Giacomini Spa
  • Rehau
  • Radiana Ltd.
  • BeKa Heiz
  • PillarPlus Inc.
  • Oorja Energy Engineering Services Pvt Ltd
  • SusPower L.L.C.
  • Messana Radiant Cooling
  • MrPEX Systems

 

The global consumer goods market revenue growth is primarily attributed to factors such as the rapid increase in global population, an increasing demand for food and other essential consumer goods such as healthcare & nutrition, personal care & hygiene, and electronic products, and the changing lifestyles and preferences of consumers, the growing demand for packaged and processed products in food and beverage, and the growing working population. Manufacturing and packaging techniques have advanced technologically, as well as the adoption of cutting-edge technologies such as artificial intelligence, the Internet of Things (IoT), big data analytics, robotics, and automation in the consumer goods industry. Other key factors driving global consumer goods market revenues include increasing awareness of the negative environmental effects of plastic packaging, as well as a growing demand for environmentally friendly and sustainable packaging solutions. Consumer income levels are expected to rise in developing economies such as India thanks to government regulations and guidelines regarding product quality and safety.

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

 

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Further market segmentation

Type Outlook (Revenue, USD Billion; 2019-2030)

  • Thermally Activated Building System
  • Radiant Cooling Panels

Installation Surface Outlook (Revenue, USD Billion; 2019-2030)

  • Floor
  • Wall
  • Ceiling

Area of Application Outlook (Revenue, USD Billion; 2019-2030)

  • New Building
  • Existing Building/Renovation

Building Type Outlook (Revenue, USD Billion; 2019-2030)

  • Residential
  • Industrial
  • Commercial

Key Takeaways of the Global Radiant Cooling Systems Market Report:

  • A comprehensive overview of the global Radiant Cooling Systems industry.
  • Accurate market projections in terms of market size, share, and volume.
  • Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
  • Deep-dive analysis of the upcoming market trends.
  • Qualitative and quantitative analyses of the global Radiant Cooling Systems market.
  • Elaborate study of the leading regional markets in the global Radiant Cooling Systems market.
  • Complete overview of the market’s competitive landscape.
  • Brief look at the company profiles and portfolios.

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