Market Overview:
The global ceramic radiant panel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating systems across the globe. In addition, the growing construction industry is also contributing to the growth of this market. The global ceramic radiant panel market can be segmented on the basis of type into tube-type, rod type, and other types. The tube-type segment is expected to dominate this market during the forecast period owing to its high efficiency and low installation cost as compared to other types of ceramic radiant panels. On the basis of application, this market can be divided into residential buildings, commercial buildings, and industrial buildings.
Product Definition:
Ceramic radiant panels are used in a variety of applications, including residential and commercial heating, as well as industrial processes. The panels use ceramic elements to produce heat, which is then radiated out into the surrounding area. This type of panel can be used alone or in combination with other forms of heating to provide more efficient and comfortable warmth.
Tube-type:
The tube-type is a closed type of gas heating system. The most common types of these systems are made up of four or five tubes, which are joined together in series and connected to a single burner or an electric outlet. These products have high thermal efficiency and can heat large volumes of water (up to 450L) at once, making them ideal for household applications such as washing machines.
These products usually operate at low pressure levels (0 - 10 bar).
Rod Type:
Ceramic radiant panel or rod type is a type of electric heating system which consists of two metal wires running parallel inside a ceramic tube. The space between the two metal wires and the ceramic tube acts as an electrical conductor, thereby producing heat when electricity is passed through it.
Application Insights:
The demand for the product in residential buildings accounted for a revenue share of over 40% in 2017. The growth is attributed to the growing preference among consumers, especially in emerging economies such as China, India and Brazil. Moreover, easy installation coupled with low maintenance cost are further expected to drive the segment growth over the forecast period.
Commercial building application was one of the major segments accounting for a revenue share of around 32%in 2017 owing to increasing construction activities across developing countries including Indonesia and Malaysia. Furthermore, favorable government policies promoting investments and industrialization have resulted in an increased number of commercial constructions across various regions including Asia Pacific and Middle East & Africa which is likely to propel market demand over next eight years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising demand for energy-efficient products due to rapid urbanization is anticipated to drive the regional market growth.
The growing industrial sector in Asia Pacific countries including China, Japan, Indonesia, Malaysia and Thailand has led to an increase in investments by various companies for expansion of their production facilities. This factor is expected to boost industry development over the forecast period. Moreover, favorable government policies regarding infrastructure development are projected to fuel industry expansion over the next eight years from 2018to 2030 time frame.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly heating systems
- Rising awareness about the benefits of using ceramic radiant panels
- Growing popularity of underfloor heating systems
- Technological advancements in ceramic radiant panel manufacturing process
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Ceramic Radiant Panel Market Research Report
By Type
Tube-type, Rod Type, Other
By Application
Residential Building, Commercial Building, Industrial Building
By Companies
Omega, Hi-Watt, Heatersuk, Safi Rezistans, Mor Electric Heating, Watlow
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Ceramic Radiant Panel Market Report Segments:
The global Ceramic Radiant Panel market is segmented on the basis of:
Types
Tube-type, Rod Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Building, Commercial Building, Industrial Building
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Omega
- Hi-Watt
- Heatersuk
- Safi Rezistans
- Mor Electric Heating
- Watlow
Highlights of The Ceramic Radiant Panel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tube-type
- Rod Type
- Other
- By Application:
- Residential Building
- Commercial Building
- Industrial Building
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ceramic Radiant Panel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A ceramic radiant panel is a type of solar energy collector that uses heat from the sun to generate electricity. The panels are made up of many small, thin pieces of ceramic that are spread out on a surface. When sunlight hits the panels, it causes them to heat up and turn into electricity.
Some of the major players in the ceramic radiant panel market are Omega, Hi-Watt, Heatersuk, Safi Rezistans, Mor Electric Heating, Watlow.
The ceramic radiant panel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ceramic Radiant Panel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ceramic Radiant Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ceramic Radiant Panel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ceramic Radiant Panel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ceramic Radiant Panel Market Size & Forecast, 2020-2028
4.5.1 Ceramic Radiant Panel Market Size and Y-o-Y Growth
4.5.2 Ceramic Radiant Panel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tube-type
5.2.2 Rod Type
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.2.3 Industrial Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ceramic Radiant Panel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ceramic Radiant Panel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tube-type
9.6.2 Rod Type
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
9.10.3 Industrial Building
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tube-type
10.6.2 Rod Type
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
10.10.3 Industrial Building
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tube-type
11.6.2 Rod Type
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
11.10.3 Industrial Building
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tube-type
12.6.2 Rod Type
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
12.10.3 Industrial Building
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tube-type
13.6.2 Rod Type
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
13.10.3 Industrial Building
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ceramic Radiant Panel Market: Competitive Dashboard
14.2 Global Ceramic Radiant Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omega
14.3.2 Hi-Watt
14.3.3 Heatersuk
14.3.4 Safi Rezistans
14.3.5 Mor Electric Heating
14.3.6 Watlow
