Radiant Heating and Cooling Systems Industry - Regional Synopsis
North American Market Forecasts
North America industry is set to dominate majority revenue share of 35% by 2037, due to increasing focus of government on bringing clean cooling and heating system in the region. The market is predicted to rise on the account of increasing focus of the government on bringing clean cooling and heating systems alongside, growing determination on the latest HVAC tools. Also, the US-made HVAC systems are high in demand and used by large-scale people across the globe. 79% population in the U.S. prefers using HVAC tools produced in the United States. Furthermore, factors such as the growing introduction of strict environmental regulations and increasing technological advancement in the region are set to drive the growth of the market in the projected period.
APAC Market Statistics
The radiant heating and cooling systems market in the Asia Pacific region is expected to grow significantly during the forecast period between 2025-2037. The growth of this market can be ascribed owing to the rapidly growing construction industry of this region boosted by the expeditiously rising urban population and increasing investment in residential projects in the region. Furthermore, rising awareness about the advantages associated with radiant heating and cooling systems is impacting its integration in the region as a result driving the market expansion in the review period.
