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Water-Based Heating & Cooling Systems Trends and Forecast
The future of the global water-based heating & cooling systems market looks promising with opportunities in the residential, commercial, and industrial markets. The global water-based heating & cooling systems market is expected to reach an estimated $59 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing demand for water based heating & cooling systems that use less energy, rise in construction in the residential and commercial sectors, and increasing government regulatory policies and incentives to make sure energy saving of natural resources.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Water-Based Heating & Cooling Systems by Segment
The study includes a forecast for the global water-based heating & cooling systems by heating component, cooling component, end use, and region.
Water-Based Heating & Cooling Systems Market by Heating Component [Shipment Analysis by Value from 2018 to 2030]:
• Heat Pumps
• Convector Heaters
• Radiators
• Boilers
Water-Based Heating & Cooling Systems Market by Cooling Component [Shipment Analysis by Value from 2018 to 2030]:
• Chillers
• AHUs
• Cooling Towers
• Expansion Tank
Water-Based Heating & Cooling Systems Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
Water-Based Heating & Cooling Systems Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Water-Based Heating & Cooling Systems Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies water-based heating & cooling systems companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the water-based heating & cooling systems companies profiled in this report include-
• Daikin
• Johnson Controls
• Carrier
• Trane Technologies
• Fujitsu
• Vasco Group
• Purmo Group
• Vertiv
• Schneider Electric
Water-Based Heating & Cooling Systems Market Insights
Lucintel forecasts that chillers is expected to witness highest growth over the forecast period.
Commercial will remain the largest segment due to growing need for cost-effective and economical HVAC systems in hotels, offices, and complexes.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industralization and significantly growing construction sector in the region.
Features of the Global Water-Based Heating & Cooling Systems Market
Market Size Estimates: Water-based heating & cooling systems market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Water-based heating & cooling systems market size by heating component, cooling components, end use, and region in terms of value ($B).
Regional Analysis: Water-based heating & cooling systems market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different heating components, cooling components, end uses, and regions for the water-based heating & cooling systems market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the water-based heating & cooling systems market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the water-based heating & cooling systems market size?
Answer: The global water-based heating & cooling systems market is expected to reach an estimated $59 billion by 2030.
Q.2 What is the growth forecast for water-based heating & cooling systems market?
Answer: The global water-based heating & cooling systems market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the water-based heating & cooling systems market?
Answer: The major drivers for this market are growing demand for water based heating & cooling systems that use less energy, rise in construction in the residential and commercial sectors, and increasing government regulatory policies and incentives to make sure energy saving of natural resources.
Q4. What are the major segments for water-based heating & cooling systems market?
Answer: The future of the water-based heating & cooling systems market looks promising with opportunities in the residential, commercial, and industrial markets.
Q5. Who are the key water-based heating & cooling systems market companies?
Answer: Some of the key water-based heating & cooling systems companies are as follows:
• Daikin
• Johnson Controls
• Carrier
• Trane Technologies
• Fujitsu
• Vasco Group
• Purmo Group
• Vertiv
• Schneider Electric
Q6. Which water-based heating & cooling systems market segment will be the largest in future?
Answer: Lucintel forecasts that chillers is expected to witness highest growth over the forecast period.
Q7. In water-based heating & cooling systems market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and industralization and significantly growing construction sector in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the water-based heating & cooling systems market by heating component (heat pumps, convector heaters, radiators, and boilers), cooling component (chillers, AHUs, cooling towers, and expansion tank), end use (residential, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Water-Based Heating & Cooling Systems Market, Water-Based Heating & Cooling Systems Market Size, Water-Based Heating & Cooling Systems Market Growth, Water-Based Heating & Cooling Systems Market Analysis, Water-Based Heating & Cooling Systems Market Report, Water-Based Heating & Cooling Systems Market Share, Water-Based Heating & Cooling Systems Market Trends, Water-Based Heating & Cooling Systems Market Forecast, Water-Based Heating & Cooling Systems Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Water-Based Heating & Cooling Systems Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Water-Based Heating & Cooling Systems Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Water-Based Heating & Cooling Systems Market by Heating Component
3.3.1: Heat Pumps
3.3.2: Convector Heaters
3.3.3: Radiators
3.3.4: Boilers
3.4: Global Water-Based Heating & Cooling Systems Market by Cooling Component
3.4.1: Chillers
3.4.2: AHUs
3.4.3: Cooling Towers
3.4.4: Expansion Tank
3.5: Global Water-Based Heating & Cooling Systems Market by End Use
3.5.1: Residential
3.5.2: Commercial
3.5.3: Industrial
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Water-Based Heating & Cooling Systems Market by Region
4.2: North American Water-Based Heating & Cooling Systems Market
4.2.1: North American Water-Based Heating & Cooling Systems Market by Cooling Component: Chillers, AHUs, Cooling Towers, and Expansion Tank
4.2.2: North American Water-Based Heating & Cooling Systems Market by End Use: Residential, Commercial, and Industrial
4.3: European Water-Based Heating & Cooling Systems Market
4.3.1: European Water-Based Heating & Cooling Systems Market by Cooling Component: Chillers, AHUs, Cooling Towers, and Expansion Tank
4.3.2: European Water-Based Heating & Cooling Systems Market by End Use: Residential, Commercial, and Industrial
4.4: APAC Water-Based Heating & Cooling Systems Market
4.4.1: APAC Water-Based Heating & Cooling Systems Market by Cooling Component: Chillers, AHUs, Cooling Towers, and Expansion Tank
4.4.2: APAC Water-Based Heating & Cooling Systems Market by End Use: Residential, Commercial, and Industrial
4.5: ROW Water-Based Heating & Cooling Systems Market
4.5.1: ROW Water-Based Heating & Cooling Systems Market by Cooling Component: Chillers, AHUs, Cooling Towers, and Expansion Tank
4.5.2: ROW Water-Based Heating & Cooling Systems Market by End Use: Residential, Commercial, and Industrial
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Water-Based Heating & Cooling Systems Market by Heating Component
6.1.2: Growth Opportunities for the Global Water-Based Heating & Cooling Systems Market by Cooling Components
6.1.3: Growth Opportunities for the Global Water-Based Heating & Cooling Systems Market by End Use
6.1.4: Growth Opportunities for the Global Water-Based Heating & Cooling Systems Market by Region
6.2: Emerging Trends in the Global Water-Based Heating & Cooling Systems Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Water-Based Heating & Cooling Systems Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Water-Based Heating & Cooling Systems Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Daikin
7.2: Johnson Controls
7.3: Carrier
7.4: Trane Technologies
7.5: Fujitsu
7.6: Vasco Group
7.7: Purmo Group
7.8: Vertiv
7.9: Schneider Electric
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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