Some of the other advantages include energy efficiency, comfort and indoor air quality and energy cost savings. One of the main advantages of radiant cooling systems is that it is more efficient than traditional forced-air systems that rely on the movement of air to heat or cool a space. Growing need for energy-efficient cooling and heating systems is a major driving factor for the growth of the global radiant heating and cooling systems market during the forecast period. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage. Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Global Radiant Heating and Cooling Systems Market Customer Landscape Key Drivers, Trends, and Challenges Technavio has included key purchase criteria, adoption rates, adoption lifecycles, and drivers of price sensitivity to help companies evaluate and develop growth strategies from 2022 to 2027. The report illustrates the lifecycle of the market, focusing on the adoption rates of the major countries. Our analysis of the adoption life cycle of the market indicates its movement between the innovator’s stage and the laggard’s stage. To learn more about this report, Download Report Sample Technavio’s Exclusive Radiant Heating and Cooling Systems Market Customer Landscape What will be the Size of the Radiant Heating And Cooling Systems Market During the Forecast Period? Furthermore, the report includes historic market data from 2017 to 2021. It also includes an in-depth analysis of drivers, trends, and challenges. This report extensively covers market segmentation by technology (hydronic and electric), application (commercial and residential), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The Radiant Heating and Cooling Systems Market size is estimated to grow at a CAGR of 6.06% between 20 and the size of the market is forecast to increase by USD 1,916.78 million. The growth of the market depends on several factors, such as the increasing use of PEX tubing in radiant heating and cooling systems, the rising need for energy-efficient cooling and heating systems, tax credits, and other incentives.
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