Global Radiant Ceiling Panels market will reach 1080 million US$ by the end of 2025
Published Date: 2018/11/26
Global Radiant Ceiling Panels Market Research Report 2018 studies the Radiant Ceiling Panels market. Radiant ceiling panel systems can be used during a building retrofit process while earning points toward LEED certification. Radiant ceiling panels offer temperature gradients so low between ceiling and floor, less than one degree of difference. The heated ceiling panels are heated in one of three ways: water pipes, electric or air flows embedded in the panel. Of these three, electric circuits and water pipes are the most used solution.
Radiant Ceiling Panels industry is concentrated relatively. Currently, there are several producing companies in the world radiant ceiling panels industry. The main market players are Zehnder Group, Messana, SPC, Frenger and Marley Engineered Products. The sales of radiant ceiling panels will increase to 5308 K Sq.m in 2018 from 4819 K Sq.m in 2013 with average growth rate of 1.95%.
In consumption market, Europe and North America are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these regions occupied 80.04% of the global consumption volume in total.
Radiant ceiling panels has two types, which include water heating and electric heating. And each type has application industries relatively. With benefits of heating method, the radiant ceiling panels would develop rapidly. So, radiant ceiling panels have a huge market potential in the future. Manufacturers engaged in the industry are trying to produce good property radiant ceiling panels through improving technology.
The global Radiant Ceiling Panels market is valued at 900 million US$ in 2017 and will reach 1080 million US$ by the end of 2025, growing at a CAGR of 2.3% during 2018-2025.
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