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Radiant Cooling and Heating System Market Share

Report ID: GMI7771
Published Date: Jan 2024
Report Format: PDF

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Radiant Cooling and Heating System Market Share

Global Company Market Share Analysis, 2023, (%)

In 2023, dominant companies include Uponor Corporation, Roth Werke GmbH, Zehnder Group AG, and Viega. These companies together account around 40% of the market share in the year 2023 and are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. Driven by a commitment to innovation, these companies continuously reinvest in R&D, refining designs and integrating cutting-edge technologies to maintain their competitive edge.

Radiant Cooling and Heating System Market Companies

Major companies operating in the radiant cooling and heating system industry include:

Roth Werke GmbH
Uponor Corporation
Viega
Zehnder Group AG

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of radiant cooling and heating system reached USD 2.07 billion in 2023 and is poised to observe 4.6% CAGR from 2024 to 2032, as they transfer heat directly to objects and surfaces in a room, including people, walls, floors, and furniture.

The hydronic segment held a total market share of 59.7% in 2023, as these systems use water as the heating or cooling medium, circulating it through panels, pipes, or radiators.

North America region held 36.5% of the total market share in 2023, attributed to the heightened focus of governments on promoting clean heating and cooling systems, coupled with a widespread embrace of modern HVAC tools.

Roth Werke GmbH, Uponor Corporation, Viega, Zehnder Group AG are some major industry contenders.