Market Overview:
The global radiant ceiling panels 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 and environment-friendly heating solutions across the globe. Radiant ceiling panels are an efficient way of heating up a room as they provide uniform heat distribution, which reduces energy wastage. In addition, these panels are easy to install and do not require any ductwork or special wiring, which makes them a popular choice among consumers. The global radiant ceiling panels market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into water heating and electric heating segments. The water heating segment is expected to account for a larger share of the global radiant ceiling panels market in 2018 owing to its growing popularity among consumers due to its ability to provide instant heat without any noise or emissions. On the basis of application, residential buildings accounted for majority share of this market in 2017 and it is projected that this trend will continue duringthe forecast period as well.
Product Definition:
Radiant Ceiling Panels are panels that provide heating and cooling to a room by using radiant energy. The panels use a network of tubes or wires to transfer heat or cold from the panel to the room. This type of panel is often used in commercial buildings, as it can be more efficient than traditional methods of heating and cooling.
Water Heating:
Water heating is the process of creating and maintaining a water temperature in a tank, boiler, or heat exchanger. It's an important part of hydronic radiant ceiling panels as it provides the thermal mass that helps regulate the flow of hot water throughout your home. The growth factor for this market is increasing awareness among consumers regarding energy conservation and efficient use of energy resources coupled with government initiatives to promote renewable sources for electricity generation such as solar power and wind power.
Electric Heating:
Radiant ceiling panels are used to provide heat in cold regions. These panels consist of a large number of electric heating elements which transfer the heat from one location to another through convection and radiation methods. The radiant heating system is very simple to operate as it has no thermostat and hence there is no need for any user interaction at all. It just works when there is enough energy flow from the source, i.e.
Application Insights:
The residential building segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The increasing number of construction projects in countries, such as India and China, on account of growing population is expected to drive product demand over the coming years.
Radiant ceiling systems are used in commercial buildings for space heating or cooling applications with high efficiency and low maintenance cost. These panels heat or cool air through direct contact with warm/cold water pipes laid beneath the flooring system. Commercial buildings include offices, banks, hospitals etc.; whereas residential buildings consist of houses & apartments complexes that house large families i.e., more than 20 people per household (less than four rooms).
Regional Analysis:
Europe dominated the global radiant ceiling panels market in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period owing to increasing demand from residential and commercial sectors. Increasing construction activities due to growing population are also anticipated to drive product demand over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6% during the forecast period, on account of rapid urbanization and rising disposable income especially in China, India, Indonesia, Malaysia Philippines Thailand Vietnam among other Southeast Asian countries.
North America was valued at USD X billion in 2016.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly products: The global Radiant Ceiling Panels market is expected to grow at a significant pace in the next few years, owing to the increasing demand for energy-efficient and eco-friendly products.
- Rising disposable income of consumers: The Radiant Ceiling Panels market is expected to grow at a significant pace in the next few years, owing to the rising disposable income of consumers across the globe.
- Growing construction and renovation activities: The Radiant Ceiling Panels market is expected to grow at a significant pace in the next few years, owing to growing construction and renovation activities across the globe.
- Technological advancements: The Radiant Ceiling Panels market is expected to grow at a significant pace in the next few years, owing to technological advancements made in this field over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiant Ceiling Panels Market Research Report
By Type
Water Heating, Electric Heating
By Application
Residential Building, Commercial Building, Industrial Building
By Companies
Zehnder Group, MESSANA, SPC, Frenger, Marley Engineered Products, Uponor, Indeeco, Rehau, Rossato Group, SSHC, ATH, Sabiana, Aero Tech Manufacturing, Twa Panel Systems, Merriott
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Radiant Ceiling Panels Market Report Segments:
The global Radiant Ceiling Panels market is segmented on the basis of:
Types
Water Heating, Electric Heating
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:
- Zehnder Group
- MESSANA
- SPC
- Frenger
- Marley Engineered Products
- Uponor
- Indeeco
- Rehau
- Rossato Group
- SSHC
- ATH
- Sabiana
- Aero Tech Manufacturing
- Twa Panel Systems
- Merriott
Highlights of The Radiant Ceiling Panels 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:
- Water Heating
- Electric Heating
- 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 Radiant Ceiling Panels 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?
Radiant ceiling panels are a type of energy-efficient lighting that use light to heat and then release the heat as infrared radiation. This technology can help reduce energy costs by up to 50%.
Some of the major players in the radiant ceiling panels market are Zehnder Group, MESSANA, SPC, Frenger, Marley Engineered Products, Uponor, Indeeco, Rehau, Rossato Group, SSHC, ATH, Sabiana, Aero Tech Manufacturing, Twa Panel Systems, Merriott.
The radiant ceiling panels market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Radiant Ceiling Panels Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Radiant Ceiling Panels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Radiant Ceiling Panels Market - Supply Chain
4.5. Global Radiant Ceiling Panels Market Forecast
4.5.1. Radiant Ceiling Panels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Radiant Ceiling Panels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Radiant Ceiling Panels Market Absolute $ Opportunity
5. Global Radiant Ceiling Panels Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Radiant Ceiling Panels Market Size and Volume Forecast by Type
5.3.1. Water Heating
5.3.2. Electric Heating
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Radiant Ceiling Panels Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Radiant Ceiling Panels Market Size and Volume Forecast by Application
6.3.1. Residential Building
6.3.2. Commercial Building
6.3.3. Industrial Building
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Radiant Ceiling Panels Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Radiant Ceiling Panels Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Radiant Ceiling Panels Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Radiant Ceiling Panels Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Radiant Ceiling Panels Demand Share Forecast, 2019-2026
9. North America Radiant Ceiling Panels Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Radiant Ceiling Panels Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Radiant Ceiling Panels Market Size and Volume Forecast by Application
9.4.1. Residential Building
9.4.2. Commercial Building
9.4.3. Industrial Building
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Radiant Ceiling Panels Market Size and Volume Forecast by Type
9.7.1. Water Heating
9.7.2. Electric Heating
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Radiant Ceiling Panels Demand Share Forecast, 2019-2026
10. Latin America Radiant Ceiling Panels Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Radiant Ceiling Panels Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Radiant Ceiling Panels Market Size and Volume Forecast by Application
10.4.1. Residential Building
10.4.2. Commercial Building
10.4.3. Industrial Building
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Radiant Ceiling Panels Market Size and Volume Forecast by Type
10.7.1. Water Heating
10.7.2. Electric Heating
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Radiant Ceiling Panels Demand Share Forecast, 2019-2026
11. Europe Radiant Ceiling Panels Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Radiant Ceiling Panels Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Radiant Ceiling Panels Market Size and Volume Forecast by Application
11.4.1. Residential Building
11.4.2. Commercial Building
11.4.3. Industrial Building
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Radiant Ceiling Panels Market Size and Volume Forecast by Type
11.7.1. Water Heating
11.7.2. Electric Heating
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Radiant Ceiling Panels Demand Share, 2019-2026
12. Asia Pacific Radiant Ceiling Panels Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Radiant Ceiling Panels Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Radiant Ceiling Panels Market Size and Volume Forecast by Application
12.4.1. Residential Building
12.4.2. Commercial Building
12.4.3. Industrial Building
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Radiant Ceiling Panels Market Size and Volume Forecast by Type
12.7.1. Water Heating
12.7.2. Electric Heating
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Radiant Ceiling Panels Demand Share, 2019-2026
13. Middle East & Africa Radiant Ceiling Panels Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Radiant Ceiling Panels Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Radiant Ceiling Panels Market Size and Volume Forecast by Application
13.4.1. Residential Building
13.4.2. Commercial Building
13.4.3. Industrial Building
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Radiant Ceiling Panels Market Size and Volume Forecast by Type
13.7.1. Water Heating
13.7.2. Electric Heating
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Radiant Ceiling Panels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Radiant Ceiling Panels Market: Market Share Analysis
14.2. Radiant Ceiling Panels Distributors and Customers
14.3. Radiant Ceiling Panels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zehnder Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MESSANA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SPC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Frenger
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Marley Engineered Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Uponor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Indeeco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rehau
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rossato Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SSHC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ATH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sabiana
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Aero Tech Manufacturing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Twa Panel Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Merriott
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
