Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 292.7 Million | USD 458 Million | CAGR at 5.10% | 2023 |
According to the report published by Zion Market Research, the global Underfloor Air Distribution Systems Market size was valued at USD 292.7 Million in 2023 and is predicted to reach USD 458 Million by the end of 2032. The market is expected to grow with a CAGR of 5.10% during the forecast period. The report analyzes the global Underfloor Air Distribution Systems Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Underfloor Air Distribution Systems Market industry.
In a building, underfloor air distribution system is generally installed for the provision of providing appropriate cooling and heating facility. In the underfloor air distribution system, through the plenum space that is present between the underside of a raised floor and the structural slab, the air that is temperature controlled is passed. The underfloor air distribution systems provide a good flexibility layout since there is the provision that the distribution channels can be branched as per the requirement.
In Tokyo, the newly developed underfloor air-conditioning system was launched in a smart building. Before the introduction of this system, numerical simulations and experiments were carried out in order to pre-estimate the thermal comfort and the energy saving effects. In this system, the floor diffuser design was improved which prevented the high cooling load condition.
The global market for the underfloor air distribution systems is fragmented into its components and application.
Based on the components, the global market is segregated into underfloor air supply plenums, diffuser, electronic control unit, and underfloor fan terminals.
Based on the application, the market is categorized into commercial spaces, community halls and other public gatherings, data centers, exhibitions and temporary constructions, offices, and others.
The underfloor air distribution systems are highly adopted and installed in the infrastructures where there is a requirement for the centralized air conditioning. Thus the opportunities for the underfloor air distribution systems market is increasing due to the growing development in the construction industry and the rise in the increasing number of multi-story buildings. The development of the underfloor air distribution systems that are sophisticated and energy efficient by the market players also influence the growth of the market.
There are some factors that will restrain the development of the market which includes the lack of awareness about the technology, changes that are made on the floor are not acceptable, lack of the knowledge about the technical information, gaps in the basic understanding, partial applicability in retrofit constructions, and high initial investment.
Report Attributes | Report Details |
---|---|
Report Name | Underfloor Air Distribution Systems Market Research Report |
Market Size in 2023 | USD 292.7 Million |
Market Forecast in 2032 | USD 458 Million |
Growth Rate | CAGR of 5.10% |
Number of Pages | 196 |
Key Companies Covered | Advanced Ergonomic Technologies Ltd., TROX USA, Inc., Kingspan Group, DuctSox Corporation, Controls International Plc., Price Industries, Carrier Corporation, Air System Components, Inc., and others. |
Segments Covered | By Components, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
At the early launch of the underfloor air distribution, this technology was highly accepted in Europe and Asia Pacific regions. But gradually, the technology grew in the North American region. The regions that have the maximum share of the market are Europe and North America due to the adoption of the HVAC systems. In the European region, the countries that are contributing significantly include Denmark, the U.K., Germany, and Switzerland.
The key market players that are involved in the underfloor air distribution systems market include:
The Global Underfloor Air Distribution Systems Market is segmented as follows:
By Components
By Application
Underfloor Air Distribution Systems Market: Regional Segment Analysis
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