Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,542.50 Million | USD 2,114.79 Million | 5.40% | 2021 |
FrequentlyAsked Questions
Many developing and developing countries are facing increased demand for raised floor systems due to the construction of new residential and office spaces due to economic growth and the increasing disposable income of the people. In addition, due to global warming and the growing number of natural disasters, more and more people are looking for ways to make their homes and offices safer and more resilient to earthquakes, disasters, and others. Steel wrap sheets are the most popular choice because they are durable.
According to the Zion Market Research report, the global raised access floor market was worth about 1,542.50 (USD million) in 2021 and is predicted to grow to around 2,114.79 (USD million) by 2028, with a compound annual growth rate (CAGR) of about 5.40 percent.
Much of the demand in North America comes from new construction projects expected to drive the market. Demand for raised floors in the region is driven by the sheer size of end-user industries such as data centers, commercial businesses such as retail, semiconductor, and aerospace, and important public utility centers. The region is at the forefront of innovative manufacturing practices, supported by comprehensive product development focusing on energy efficiency, lower lifecycle costs, and sustainability.
Some of the main competitors dominating the global raised access floor market include Kingspan, Global IFS, CBI Europe, Polygroup, Bathgate Flooring, MERO-TSK, PORCELANOSA, Lenzlinger, Veitchi Flooring, AKDAG S.W., UNITILE, ASP, Yi-Hui Construction, Changzhou Huatong, Changzhou Huili, Huayi, and Maxgrid.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed