Hot & Cold Systems Market

Hot & Cold Systems Market by Raw Material (Plastic, Metallic, Metalized Plastic), Application (Water Plumbing Pipes, Radiator Connection Pipes, Underfloor Surface Heating & Cooling), Components, End-Users, And Region - Global Forecast to 2028

Report Code: CH 8712 Jul, 2023, by marketsandmarkets.com

The global hot & cold systems market size is projected to reach USD 27.0 billion by 2028 from USD 19.9 billion in 2023, at a CAGR of 6.3% during the forecast period. The demand for hot & cold systems is being driven by the increasing demand for energy-efficient solutions and sustainable solutions in residential, commercial, and infrastructural sectors ensuring thermal comfort, energy efficiency, and precise temperature control.

Global Hot & Cold Systems Market Trends

Hot & Cold Systems Market

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Hot & Cold Systems Market

Hot & cold systems Market Dynamics

Driver: Urbanization and infrastructure development in the emerging economies

The robust urbanization and infrastructure development observed in emerging economies creates a compelling market opportunity for hot and cold pipe systems. As cities expand and new buildings are constructed, there is an increased demand for efficient and reliable piping systems to deliver hot and cold water for various purposes in residential, commercial, and industrial sectors. This growth in urbanization and infrastructure projects is particularly evident in emerging economies such as China, India, Brazil, Indonesia, Nigeria, and Mexico, where rapid urbanization rates are transforming skylines and increasing the need for modern plumbing systems to ensure a steady and efficient water supply.

Restraint: Cost of material and installation of metal pipes

The cost of materials, installation, and maintenance is a significant restraint in the hot and cold pipe systems market. One of the main factors contributing to the cost is the requirement for high-quality materials. Hot and cold systems often need to withstand high temperatures, pressure, and corrosive substances. Therefore, durable and reliable materials such as CPVC PEX, SS or copper are commonly used, which can be more expensive than other options. Additionally, skilled labor is crucial for the proper installation and maintenance of these systems. Plumbing professionals with expertise in working with hot and cold pipe systems are in demand, and their services come at a premium. The complexity of the installation process, including tasks such as pipe routing, joint welding, and insulation, requires skilled workers who command higher wages. Maintenance costs also add to the overall expenses. Regular inspections, repairs, and replacements of components are necessary to ensure the optimal functioning and longevity of the hot and cold systems. These ongoing maintenance activities involve labor costs and may force temporary shutdowns of certain parts of the system, which can affect the overall operational efficiency of the facility.

Opportunity: Expansion of the construction industry

The expansion of the construction industry presents significant opportunities for the hot and cold systems market. As construction activities increase, there is a higher demand for plumbing systems, including hot and cold-water distribution, HVAC systems, and other related infrastructure. This drives the need for quality hot and cold system components such as pipes, valves, fittings, manifolds, temperature control, and insulation materials. The construction industry offers a wide range of projects, including residential buildings, commercial complexes, industrial facilities, and infrastructure development. Each of these projects requires well-designed and efficient hot and cold systems to ensure proper water supply, temperature control, and overall comfort. The growing emphasis on energy efficiency and sustainability in construction also opens avenues for the hot and cold systems market. There is a rising demand for environmentally friendly and energy-efficient systems, such as high-efficiency boilers, heat pumps, and water-saving fixtures. To capitalize on these opportunities, businesses in the hot and cold systems market should actively engage with construction companies, architects, and contractors. By offering innovative and energy-efficient solutions, they can align themselves with the evolving needs of the construction industry and contribute to sustainable building practices.

Challenges: Fluctuation in raw material prices

Fluctuations in raw material prices pose significant challenges to the hot and cold systems market. As the prices of raw materials, such as metals and plastics, fluctuate, it directly impacts the production cost of hot and cold system components like pipes, fittings, valves, and insulation materials. This can lead to increased manufacturing costs for system manufacturers and distributors, potentially resulting in higher prices for consumers. Moreover, volatile raw material prices make it challenging for businesses in the hot and cold systems market to forecast and plan their budgets accurately. It becomes difficult to estimate production costs and maintain consistent pricing strategies. This uncertainty can also affect investment decisions, production capacity, and supply chain management within the industry.

Hot & Cold Systems Market: Ecosystem

Hot & Cold Systems Market Ecosystem

By application, water  plumbing pipes are estimated to be the  fastest-growing segment during the forecast period in the hot & cold systems market

Water plumbing pipes are expected to have high growth in the hot and cold systems market due to their vital role in residential, commercial, and industrial plumbing applications. The increasing demand for modern infrastructure and urbanization drives the need for efficient water distribution and plumbing systems. Water plumbing pipes play a crucial role in delivering clean water for drinking, sanitation, and various industrial processes, making them an essential component with significant growth potential in the hot and cold systems market.

By raw material, plastic pipes are estimated to be the fastest-growing segment during the forecast period in the hot & cold systems market

Plastic pipes are estimated to grow at the fastest rate during the forecast period due to their lightweight nature, ease of installation, resistance to corrosion, durability, and cost-effectiveness. Additionally, the increasing adoption of plastic pipes in various applications, such as plumbing, irrigation, and industrial processes, is driving their growth in the hot & cold systems market.

By end-use industry, the residential sector is estimated to be the fastest-growing segment during the forecast period in the hot & cold systems market

The residential sector is estimated to be the fastest-growing segment in hot and cold systems due to multiple factors. These include increasing urbanization, population growth, rising disposable incomes, and the demand for improved living standards. As more residential buildings and housing complexes are being constructed, there is a significant need for efficient hot and cold systems to cater to the growing residential population, driving the growth of this segment.

Asia Pacific is projected to be the fastest growing amongst other regions in the hot & cold systems market, in terms of value.

Asia Pacific is projected to be the fastest-growing market for hot & cold systems due to rapid industrialization in recent years, particularly in countries like China, India, and South Korea. This has led to an increase in demand for hot & cold systems, which are used in various applications in the residential, commercial, and industrial sectors. Residential buildings utilize hot and cold systems to provide thermal comfort and ensure a consistent supply of hot water for various domestic activities such as bathing, washing, and cooking. These systems are designed to regulate and distribute hot and cold fluids efficiently, enhancing the overall living experience and meeting the heating and plumbing needs of residents in their homes.

Hot & Cold Systems Market by Region

Source: Secondary Research, Primary Interviews, and MarketsandMarkets Analysis

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Key Market Players

The key players in the hot & cold systems market include RWC (US), Orbia (Mexico), Georg Fischer Limited (Switzerland), Geberit (Switzerland), Watts Water Technologies (US), Chevron Phillips Chemical LLC (US), Wienerberger (Austria), Aalberts (Netherlands), Aliaxis (Belgium), Lesso (China), Rehau (Switzerland), Zurn (US), Uponor (Finland), and Silmar Group (Italy), among others. The hot & cold systems market report analyzes the key growth strategies, such as new product launch, partnerships, expansions, and acquisitions adopted by the leading market players between 2018 and 2023.

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Scope of the Report

Report Metric

Details

Years considered for the study

2020-2028

Base Year

2022

Forecast period

2023–2028

Units considered

Value (USD Million), Volume (Thousand Units)

Segments

Raw Material, Components, Application, End-users, and Region

Regions

Asia Pacific, North America, Europe, Middle East & Africa, and South America

Companies

RWC (US), Orbia (Mexico), Georg Fischer Limited (Switzerland), Geberit (Switzerland), Watts Water Technologies (US), Chevron Phillips Chemical LLC (US), Wienerberger (Austria), Aalberts (Netherlands), Aliaxis (Belgium), Lesso (China), Rehau (Switzerland), Zurn (US), Uponor (Finland), and Silmar Group (Italy) are the key players in the market.

This report categorizes the global hot & cold systems market based on raw materials, components, applications, end-users, and region.

On the basis of raw material, the hot & cold systems market has been segmented as follows:
  • Plastic
  • Metallic
  • Metalized Plastic
On the basis of components, the hot & cold systems market has been segmented as follows:
  • Pipe
  • Fixtures & connectors
  • Multifold
  • Temperature Control
  • Local distribution
  • Solvent Cement
  • Others
On the basis of application, the hot & cold systems market has been segmented as follows:
  • Water plumbing pipes
  • Radiator connection pipes
  • Underfloor surface heating & cooling
  • Others
On the basis of end-users, the hot & cold systems market has been segmented as follows:
  • Residential
  • Commercial
  • Industrial
On the basis of region, the hot & cold systems market has been segmented as follows:
  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America

Recent Developments

  • In March 2023, RWC launched two new product ranges i.e., SharkBite Max fittings and PEX-a pipe in the Americas to cater to the unmet demand in the country. This launch was aimed at offering a reliable and leak-free connection for various plumbing applications, including pipes, valves, and fixtures.
  • In March 2023, Chevron Phillips invested USD 45 million in Closed Loop Partners' Circular Plastics Fund to manufacture recycling system for PE, PP and flexible plastics for high-quality recycled material.
  • In April 2023, Wienerberger acquired Wideco Sweden AB to extend its smart solutions business in sustainable building and energy.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 40)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS & EXCLUSIONS 
          TABLE 1 HOT & COLD SYSTEMS MARKET: INCLUSIONS & EXCLUSIONS
    1.4 MARKET SCOPE 
           1.4.1 MARKETS COVERED
                    FIGURE 1 HOT & COLD SYSTEMS MARKET SEGMENTATION
           1.4.2 REGIONS COVERED
           1.4.3 YEARS CONSIDERED
    1.5 CURRENCY 
    1.6 UNIT CONSIDERED 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
    1.9 RECESSION IMPACT 
 
2 RESEARCH METHODOLOGY (Page No. - 45)
    2.1 RESEARCH DATA 
          FIGURE 2 HOT & COLD SYSTEMS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
           2.1.3 PRIMARY INTERVIEWS
                    2.1.3.1 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
          FIGURE 3 MARKET SIZE ESTIMATION APPROACH
           2.2.1 TOP-DOWN APPROACH
                    2.2.1.1 Arriving at market size using top-down approach
                                FIGURE 4 TOP-DOWN APPROACH
           2.2.2 BOTTOM-UP APPROACH
                    2.2.2.1 Arriving at market size using bottom-up approach
                                FIGURE 5 BOTTOM-UP APPROACH
    2.3 DATA TRIANGULATION 
          FIGURE 6 HOT & COLD SYSTEMS MARKET: DATA TRIANGULATION
    2.4 FACTOR ANALYSIS 
          FIGURE 7 FACTOR ANALYSIS: HOT & COLD SYSTEMS MARKET
    2.5 ASSUMPTIONS 
    2.6 LIMITATIONS & RISKS 
 
3 EXECUTIVE SUMMARY (Page No. - 56)
    FIGURE 8 PLASTIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    FIGURE 9 PIPES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
    FIGURE 10 RESIDENTIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
    FIGURE 11 EUROPE HELD LARGEST MARKET SHARE IN 2023
 
4 PREMIUM INSIGHTS (Page No. - 60)
    4.1 EMERGING ECONOMIES TO WITNESS HIGH GROWTH IN HOT & COLD SYSTEMS MARKET 
          FIGURE 12 ASIA PACIFIC TO OFFER ATTRACTIVE OPPORTUNITIES DURING FORECAST PERIOD
    4.2 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL 
          FIGURE 13 PLASTIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.3 HOT & COLD SYSTEMS MARKET, BY END USER 
          FIGURE 14 RESIDENTIAL SEGMENT TO LEAD MARKET BY 2028
    4.4 HOT & COLD SYSTEMS MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY, 2022 
          FIGURE 15 RESIDENTIAL SEGMENT AND CHINA ACCOUNTED FOR LARGEST MARKET SHARES
    4.5 HOT & COLD SYSTEMS MARKET, BY REGION 
          FIGURE 16 MARKET IN ASIA PACIFIC TO RECORD HIGHEST CAGR
 
5 MARKET OVERVIEW (Page No. - 63)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 17 HOT & COLD SYSTEMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Urbanization and infrastructure development in emerging economies
                    5.2.1.2 Replacement and upgrades of aging infrastructure by end users
                    5.2.1.3 Government support and incentives for adoption of underfloor heating systems
                    5.2.1.4 Technological advancements in hot and cold systems
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of installation and maintenance of pipes
                    5.2.2.2 Restriction on use of polybutylene piping systems in North America
                    5.2.2.3 Economic fluctuations and uncertainties
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Development of advanced piping systems and leak detection methods
                    5.2.3.2 Expansion of construction industry
           5.2.4 CHALLENGES
                    5.2.4.1 Susceptibility of C-PVC pipes to degradation
                    5.2.4.2 Fluctuation in raw material prices
                                FIGURE 18 AVERAGE CRUDE OIL PRICE PER BARREL, MAY 2021−MAY 2022
                    5.2.4.3 Increasing competition
    5.3 MARKET MAP 
          FIGURE 19 MARKET MAP: HOT & COLD SYSTEMS MARKET
    5.4 VALUE CHAIN ANALYSIS 
          FIGURE 20 VALUE CHAIN ANALYSIS: HOT & COLD SYSTEMS MARKET
           5.4.1 RAW MATERIAL PROVIDERS/SUPPLIERS
           5.4.2 COMPONENT MANUFACTURERS
           5.4.3 SYSTEM MANUFACTURERS
           5.4.4 DISTRIBUTORS/WHOLESALERS/RETAILERS/B2B SELLERS
           5.4.5 END USERS
           5.4.6 POST-SALES SERVICE
    5.5 TECHNOLOGY ANALYSIS 
           5.5.1 NEW UNDERFLOOR HEATING SYSTEM
           5.5.2 SMART LEAKAGE DETECTION SYSTEM
           5.5.3 RECIRCULATING SYSTEM TO REDUCE WATER WASTAGE
    5.6 KEY CONFERENCES & EVENTS, 2022–2024 
          TABLE 2 HOT & COLD SYSTEMS MARKET: CONFERENCES & EVENTS, 2022–2024
    5.7 TRADE ANALYSIS 
           5.7.1 TRADE ANALYSIS FOR TUBES, PIPES AND HOSES, AND THEIR FITTINGS (JOINTS, ELBOWS, FLANGES) OF PLASTICS
           5.7.2 EXPORT SCENARIO
                    TABLE 3 EXPORT SCENARIO FOR HS CODE: 3917, BY COUNTRY, 2020–2022 (USD MILLION)
                    TABLE 4 EXPORT SCENARIO FOR HS CODE: 7304, BY COUNTRY, 2020–2022 (USD MILLION)
           5.7.3 IMPORT SCENARIO
                    TABLE 5 IMPORT SCENARIO FOR HS CODE: 3917, BY COUNTRY, 2019–2021 (USD MILLION)
                    TABLE 6 IMPORT SCENARIO FOR HS CODE: 7304, BY COUNTRY, 2020–2022 (USD MILLION)
    5.8 TARIFF AND REGULATORY LANDSCAPE 
           5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.8.2 CODES AND REGULATIONS RELATED TO HOT & COLD SYSTEMS
                    TABLE 11 HOT & COLD SYSTEMS: CODES AND REGULATIONS
    5.9 MACRO-ECONOMIC INDICATORS 
           5.9.1 GDP & REAL ESTATE SECTOR TRENDS
                    TABLE 12 PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF KEY COUNTRIES, 2018–2025
                    TABLE 13 PROJECTED REAL ESTATE MARKET SIZE & GROWTH OF KEY COUNTRIES
    5.10 PATENT ANALYSIS 
           5.10.1 INTRODUCTION
           5.10.2 METHODOLOGY
                    5.10.2.1 Document Type
                                 TABLE 14 GRANTED PATENTS ACCOUNTED FOR 36% OF TOTAL COUNT IN LAST 10 YEARS
                    5.10.2.2 Publication Trends of Last Ten Years
           5.10.3 INSIGHTS
           5.10.4 LEGAL STATUS OF PATENTS
           5.10.5 JURISDICTION ANALYSIS
                     FIGURE 21 TOP JURISDICTION, BY DOCUMENT
           5.10.6 TOP PATENT FILINGS BY HOT & COLD SYSTEMS PLAYERS
                     TABLE 15 PATENTS: RELIANCE WORLDWIDE CORPORATION
                     TABLE 16 PATENTS: UPONOR INNOVATIONS AB
                     TABLE 17 PATENTS: ALIAXIS AND VINIDEX PTY LTD.
                     TABLE 18 PATENTS: WAVIN
                     TABLE 19 PATENTS: ZURN
    5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
           5.11.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR HOT & COLD SYSTEM PROVIDERS
    5.12 PRICING ANALYSIS 
           5.12.1 AVERAGE SELLING PRICE OF HOT & COLD SYSTEMS, BY REGION
                     FIGURE 22 AVERAGE SELLING PRICE OF HOT & COLD SYSTEMS, BY REGION (2022)
           5.12.2 AVERAGE SELLING PRICE OF HOT & COLD SYSTEMS, BY COMPONENT
                     FIGURE 23 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE (USD/UNIT)
    5.13 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 24 PORTER’S FIVE FORCES ANALYSIS FOR HOT & COLD SYSTEMS MARKET
           TABLE 20 HOT & COLD SYSTEMS MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.13.1 THREAT OF SUBSTITUTES
           5.13.2 BARGAINING POWER OF SUPPLIERS
           5.13.3 BARGAINING POWER OF BUYERS
           5.13.4 THREAT OF NEW ENTRANTS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY
    5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
           5.14.2 BUYING CRITERIA
                    5.14.2.1 Quality
                    5.14.2.2 Service
                                 FIGURE 25 SUPPLIER SELECTION CRITERION
 
6 HOT & COLD SYSTEMS MARKET, BY COMPONENT (Page No. - 97)
    6.1 INTRODUCTION 
          FIGURE 26 HOT & COLD SYSTEMS MARKET, BY COMPONENT (2023–2028)
          TABLE 22 HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (USD MILLION)
          TABLE 23 HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
          TABLE 24 HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (MILLION UNITS)
          TABLE 25 HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS)
    6.2 PIPES 
           6.2.1 FLEXIBILITY AND DURABILITY OF PEX PIPES TO FUEL DEMAND
                    6.2.1.1 Straight pipes
                    6.2.1.2 Others
    6.3 SUB-ASSEMBLIES 
           6.3.1 IMPROVED ENERGY-EFFICIENCY TO DRIVE DEMAND
    6.4 FITTINGS 
           6.4.1 INCREASING USE IN RESIDENTIAL PROPERTIES TO DRIVE MARKET
                    6.4.1.1 Pipe Connectors
                    6.4.1.2 Elbow pipes
                    6.4.1.3 Tee pipes
                    6.4.1.4 Cross pipes
                    6.4.1.5 Couplers
                    6.4.1.6 Expansion joints
    6.5 MANIFOLDS 
           6.5.1 IMPROVED WATER DISTRIBUTION EFFICIENCY TO BOOST DEMAND
    6.6 TEMPERATURE SENSORS AND CONTROL UNITS 
           6.6.1 ENHANCED COMFORT CONTROL TO DRIVE MARKET GROWTH
    6.7 SOLVENT CEMENT 
           6.7.1 NEED FOR MORE RELIABLE PLUMBING SYSTEMS TO DRIVE DEMAND
    6.8 OTHER COMPONENTS 
 
7 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL (Page No. - 105)
    7.1 INTRODUCTION 
          FIGURE 27 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL (2023–2028)
          TABLE 26 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL, 2020–2022 (USD MILLION)
          TABLE 27 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL, 2023–2028 (USD MILLION)
          TABLE 28 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL, 2020–2022 (MILLION UNITS)
          TABLE 29 HOT & COLD SYSTEMS MARKET, BY RAW MATERIAL, 2023–2028 (MILLION UNITS)
    7.2 PLASTIC 
           7.2.1 FLEXIBILITY AND DURABILITY TO FUEL DEMAND
                    7.2.1.1 CROSS-LINKED POLYETHYLENE (PEX)
                    7.2.1.2 POLYETHYLENE of RAISED TEMPERATURE (PE-RT)
                    7.2.1.3 POLYPROPYLENE RANDOM COPOLYMER (PPR)
                    7.2.1.4 CHLORINATED POLYVINYL CHLORIDE (C-PVC)
                    7.2.1.5 POLYBUTYLENE (PB)
    7.3 METALLIC 
           7.3.1 WIDE USAGE IN INDUSTRIAL AND COMMERCIAL SECTORS TO DRIVE DEMAND
                    7.3.1.1 Copper
                    7.3.1.2 Stainless Steel
    7.4 METALLIZED PLASTIC 
           7.4.1 GROWING USE OF MULTILAYERED PIPES IN HOT & COLD SYSTEMS TO DRIVE MARKET
 
8 HOT & COLD SYSTEMS MARKET, BY APPLICATION (Page No. - 112)
    8.1 INTRODUCTION 
          TABLE 30 HOT & COLD SYSTEMS MARKET, BY APPLICATION, 2020–2022 (USD MILLION)
          TABLE 31 HOT & COLD SYSTEMS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
          TABLE 32 HOT & COLD SYSTEMS MARKET, BY APPLICATION, 2020–2022 (MILLION UNITS)
          TABLE 33 HOT & COLD SYSTEMS MARKET, BY APPLICATION, 2023–2028 (MILLION UNITS)
    8.2 WATER PLUMBING PIPES 
           8.2.1 EXPANDING RESIDENTIAL SECTOR TO FUEL DEMAND
    8.3 RADIATOR CONNECTION PIPES 
           8.3.1 PREFERENCE FOR DURABLE PLASTIC PIPES TO BOOST DEMAND
    8.4 UNDERFLOOR SURFACE HEATING & COOLING 
           8.4.1 INCREASING ADOPTION OF ENERGY-EFFICIENT SYSTEMS TO DRIVE MARKET GROWTH
    8.5 OTHER APPLICATIONS 
 
9 HOT & COLD SYSTEMS MARKET, BY END USER (Page No. - 117)
    9.1 INTRODUCTION 
          FIGURE 28 HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028
          TABLE 34 HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
          TABLE 35 HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
          TABLE 36 HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
          TABLE 37 HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
    9.2 RESIDENTIAL 
           9.2.1 RISING CONSTRUCTION AND RENOVATION ACTIVITIES TO FUEL DEMAND
                    TABLE 38 HOT & COLD SYSTEMS MARKET, BY RESIDENTIAL END USER, 2020–2022 (USD MILLION)
                    TABLE 39 HOT & COLD SYSTEMS MARKET, BY RESIDENTIAL END USER, 2023–2028 (USD MILLION)
                    TABLE 40 HOT & COLD SYSTEMS MARKET, BY RESIDENTIAL END USER, 2020–2022 (MILLION UNITS)
                    TABLE 41 HOT & COLD SYSTEMS MARKET, BY RESIDENTIAL END USER, 2023–2028 (MILLION UNITS)
    9.3 COMMERCIAL 
           9.3.1 GROWING DEMAND FROM OFFICE SPACES AND HOSPITALS TO SPUR MARKET GROWTH
                    TABLE 42 HOT & COLD SYSTEMS MARKET, BY COMMERCIAL END USER, 2020–2022 (USD MILLION)
                    TABLE 43 HOT & COLD SYSTEMS MARKET, BY COMMERCIAL END USER 2023–2028 (USD MILLION)
                    TABLE 44 HOT & COLD SYSTEMS MARKET, BY COMMERCIAL END USER, 2020–2022 (MILLION UNITS)
                    TABLE 45 HOT & COLD SYSTEMS MARKET, BY COMMERCIAL END USER, 2023–2028 (MILLION UNITS)
    9.4 INDUSTRIAL 
           9.4.1 EXPANDING CHEMICAL INDUSTRY TO DRIVE DEMAND
                    TABLE 46 HOT & COLD SYSTEMS MARKET, BY INDUSTRIAL END USER, 2020–2022 (USD MILLION)
                    TABLE 47 HOT & COLD SYSTEMS MARKET, BY INDUSTRIAL END USER, 2023–2028 (USD MILLION)
                    TABLE 48 HOT & COLD SYSTEMS MARKET, BY INDUSTRIAL END USER, 2020–2022 (MILLION UNITS)
                    TABLE 49 HOT & COLD SYSTEMS MARKET, BY INDUSTRIAL END USER, 2023–2028 (MILLION UNITS)
 
10 HOT & COLD SYSTEMS MARKET, BY REGION (Page No. - 125)
     10.1 INTRODUCTION 
             FIGURE 29 ASIA PACIFIC HOT & COLD SYSTEMS MARKET TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
             TABLE 50 HOT & COLD SYSTEMS MARKET, BY REGION, 2020–2022 (USD MILLION)
             TABLE 51 HOT & COLD SYSTEMS MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 52 HOT & COLD SYSTEMS MARKET, BY REGION, 2020–2022 (MILLION UNITS)
             TABLE 53 HOT & COLD SYSTEMS MARKET, BY REGION, 2023–2028 (MILLION UNITS)
     10.2 ASIA PACIFIC 
             10.2.1 RECESSION IMPACT
                        TABLE 54 ASIA PACIFIC: HOT & COLD SYSTEM MANUFACTURERS, BRANDS SERVED, AND STRATEGIES ADOPTED
                        FIGURE 30 SNAPSHOT: ASIA PACIFIC HOT & COLD SYSTEMS MARKET
                        TABLE 55 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
                        TABLE 56 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 57 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (MILLION UNITS)
                        TABLE 58 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (MILLION UNITS)
                        TABLE 59 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (USD MILLION)
                        TABLE 60 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                        TABLE 61 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (MILLION UNITS)
                        TABLE 62 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS)
                        TABLE 63 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                        TABLE 64 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                        TABLE 65 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                        TABLE 66 ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.1 China
                                     10.2.1.1.1 Increasing investments in construction industry to drive demand
                                                     TABLE 67 CHINA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 68 CHINA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 69 CHINA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 70 CHINA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.2 India
                                     10.2.1.2.1 Rising demand for residential and commercial spaces to boost market
                                                     TABLE 71 INDIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 72 INDIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 73 INDIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 74 INDIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.3 South Korea
                                     10.2.1.3.1 Growing demand for luxury residential properties to boost market
                                                     TABLE 75 SOUTH KOREA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 76 SOUTH KOREA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 77 SOUTH KOREA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 78 SOUTH KOREA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.4 Japan
                                     10.2.1.4.1 Increasing demand for underfloor heating to drive market
                                                     TABLE 79 JAPAN: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 80 JAPAN: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 81 JAPAN: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 82 JAPAN: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.5 Australia
                                     10.2.1.5.1 Rising demand for energy-efficient systems to drive market
                                                     TABLE 83 AUSTRALIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 84 AUSTRALIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 85 AUSTRALIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 86 AUSTRALIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.6 New Zealand
                                     10.2.1.6.1 Changing energy dynamics to boost demand
                                                     TABLE 87 NEW ZEALAND: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 88 NEW ZEALAND: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 89 NEW ZEALAND: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 90 NEW ZEALAND: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.7 Indonesia
                                     10.2.1.7.1 Booming construction industry to drive demand
                                                     TABLE 91 INDONESIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 92 INDONESIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 93 INDONESIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 94 INDONESIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.8 Philippines
                                     10.2.1.8.1 Focus on sustainable building practices to drive market
                                                     TABLE 95 PHILIPPINES: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 96 PHILIPPINES: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 97 PHILIPPINES: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 98 PHILIPPINES: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.2.1.9 Rest of Asia Pacific
                                      TABLE 99 REST OF ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                      TABLE 100 REST OF ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                      TABLE 101 REST OF ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                      TABLE 102 REST OF ASIA PACIFIC: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
     10.3 NORTH AMERICA 
             10.3.1 RECESSION IMPACT
                        TABLE 103 NORTH AMERICA: HOT & COLD SYSTEM MANUFACTURERS, BRANDS SERVED, AND STRATEGIES ADOPTED
                        TABLE 104 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
                        TABLE 105 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 106 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (MILLION UNITS)
                        TABLE 107 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (MILLION UNITS)
                        TABLE 108 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (USD MILLION)
                        TABLE 109 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                        TABLE 110 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (MILLION UNITS)
                        TABLE 111 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS)
                        TABLE 112 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                        TABLE 113 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                        TABLE 114 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                        TABLE 115 NORTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.3.1.1 US
                                     10.3.1.1.1 Increasing demand for energy-efficient systems to drive market
                                                     TABLE 116 US: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 117 US: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 118 US: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 119 US: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.3.1.2 Canada
                                     10.3.1.2.1 Growing construction industry to boost market growth.
                                                     TABLE 120 CANADA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 121 CANADA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 122 CANADA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 123 CANADA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.3.1.3 Mexico
                                     10.3.1.3.1 Expanding residential sector to propel market
                                                     TABLE 124 MEXICO: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 125 MEXICO: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 126 MEXICO: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 127 MEXICO: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
     10.4 EUROPE 
             FIGURE 31 SNAPSHOT: EUROPE HOT & COLD SYSTEMS MARKET
             10.4.1 RECESSION IMPACT
                        TABLE 128 EUROPE: HOT & COLD SYSTEM MANUFACTURERS, BRANDS SERVED, AND STRATEGIES ADOPTED
                        TABLE 129 EUROPE: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
                        TABLE 130 EUROPE: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 131 EUROPE: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (MILLION UNITS)
                        TABLE 132 EUROPE: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (MILLION UNITS)
                        TABLE 133 EUROPE: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (USD MILLION)
                        TABLE 134 EUROPE: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                        TABLE 135 EUROPE: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (MILLION UNITS)
                        TABLE 136 EUROPE: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS)
                        TABLE 137 EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                        TABLE 138 EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                        TABLE 139 EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                        TABLE 140 EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.1 Germany
                                     10.4.1.1.1 Focus on sustainable construction practices to drive market
                                                     TABLE 141 GERMANY: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 142 GERMANY: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 143 GERMANY: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 144 GERMANY: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.2 France
                                     10.4.1.2.1 Rising investments in commercial projects to boost market
                                                     TABLE 145 FRANCE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 146 FRANCE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 147 FRANCE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 148 FRANCE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.3 UK
                                     10.4.1.3.1 Growth in residential real estate sector to drive market
                                                     TABLE 149 UK: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 150 UK: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 151 UK: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 152 UK: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.4 Italy
                                     10.4.1.4.1 Increasing use of energy-efficient systems to fuel market
                                                     TABLE 153 ITALY: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 154 ITALY: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 155 ITALY: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 156 ITALY: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.5 Spain
                                     10.4.1.5.1 Growing real estate sector to fuel demand
                                                     TABLE 157 SPAIN: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 158 SPAIN: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 159 SPAIN: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 160 SPAIN: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.6 Nordic Countries
                                     10.4.1.6.1 Rising focus on energy-efficient buildings to drive market
                                                     TABLE 161 NORDIC COUNTRIES: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 162 NORDIC COUNTRIES: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 163 NORDIC COUNTRIES: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 164 NORDIC COUNTRIES: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.4.1.7 Rest of Europe
                                      TABLE 165 REST OF EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                      TABLE 166 REST OF EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                      TABLE 167 REST OF EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                      TABLE 168 REST OF EUROPE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
     10.5 SOUTH AMERICA 
             10.5.1 RECESSION IMPACT
                        TABLE 169 SOUTH AMERICA: HOT & COLD SYSTEM MANUFACTURERS, BRANDS SERVED, AND STRATEGIES ADOPTED
                        TABLE 170 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
                        TABLE 171 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 172 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (MILLION UNITS)
                        TABLE 173 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (MILLION UNITS)
                        TABLE 174 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (USD MILLION)
                        TABLE 175 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                        TABLE 176 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (MILLION UNITS)
                        TABLE 177 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS)
                        TABLE 178 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                        TABLE 179 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                        TABLE 180 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                        TABLE 181 SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.5.1.1 Brazil
                                     10.5.1.1.1 Increasing investments in oil & gas sector to drive demand
                                                     TABLE 182 BRAZIL: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 183 BRAZIL: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 184 BRAZIL: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 185 BRAZIL: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.5.1.2 Guatemala
                                     10.5.1.2.1 Growing construction industry to boost demand
                                                     TABLE 186 GUATEMALA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 187 GUATEMALA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 188 GUATEMALA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 189 GUATEMALA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.5.1.3 Chile
                                     10.5.1.3.1 Emphasis on sustainable building practices to drive demand
                                                     TABLE 190 CHILE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 191 CHILE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 192 CHILE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 193 CHILE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.5.1.4 Peru
                                     10.5.1.4.1 Increasing urbanization to drive market
                                                     TABLE 194 PERU: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 195 PERU: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 196 PERU: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 197 PERU: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.5.1.5 Costa Rica
                                     10.5.1.5.1 Growing building and construction industry to drive market
                                                     TABLE 198 COSTA RICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 199 COSTA RICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 200 COSTA RICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 201 COSTA RICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.5.1.6 Rest of South America
                                      TABLE 202 REST OF SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                      TABLE 203 REST OF SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                      TABLE 204 REST OF SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                      TABLE 205 REST OF SOUTH AMERICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
     10.6 MIDDLE EAST & AFRICA 
             10.6.1 RECESSION IMPACT
                        TABLE 206 MIDDLE EAST & AFRICA: HOT & COLD SYSTEM MANUFACTURERS, BRANDS SERVED, AND STRATEGIES ADOPTED
                        TABLE 207 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)
                        TABLE 208 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 209 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2020–2022 (MILLION UNITS)
                        TABLE 210 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COUNTRY, 2023–2028 (MILLION UNITS)
                        TABLE 211 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (USD MILLION)
                        TABLE 212 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                        TABLE 213 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2020–2022 (MILLION UNITS)
                        TABLE 214 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY COMPONENT, 2023–2028 (MILLION UNITS)
                        TABLE 215 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                        TABLE 216 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                        TABLE 217 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                        TABLE 218 MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.6.1.1 Saudi Arabia
                                     10.6.1.1.1 Increasing demand from construction industry to boost market
                                                     TABLE 219 SAUDI ARABIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 220 SAUDI ARABIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 221 SAUDI ARABIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 222 SAUDI ARABIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.6.1.2 UAE
                                     10.6.1.2.1 Rising demand from oil & gas industry to fuel market
                                                     TABLE 223 UAE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 224 UAE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 225 UAE: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 226 UAE: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.6.1.3 South Africa
                                     10.6.1.3.1 Government funding and initiatives to drive demand
                                                     TABLE 227 SOUTH AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 228 SOUTH AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 229 SOUTH AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 230 SOUTH AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.6.1.4 Nigeria
                                     10.6.1.4.1 Increasing investment in infrastructure to boost demand
                                                     TABLE 231 NIGERIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 232 NIGERIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 233 NIGERIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 234 NIGERIA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.6.1.5 Morocco
                                     10.6.1.5.1 Increasing adoption of radiant heating systems to drive market
                                                     TABLE 235 MOROCCO: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                                     TABLE 236 MOROCCO: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                                     TABLE 237 MOROCCO: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                                     TABLE 238 MOROCCO: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
                        10.6.1.6 Rest of Middle East & Africa
                                      TABLE 239 REST OF MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (USD MILLION)
                                      TABLE 240 REST OF MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (USD MILLION)
                                      TABLE 241 REST OF MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2020–2022 (MILLION UNITS)
                                      TABLE 242 REST OF MIDDLE EAST & AFRICA: HOT & COLD SYSTEMS MARKET, BY END USER, 2023–2028 (MILLION UNITS)
 
11 COMPETITIVE LANDSCAPE (Page No. - 202)
     11.1 OVERVIEW 
     11.2 STRATEGIES ADOPTED BY KEY PLAYERS 
             TABLE 243 COMPANIES OPTED FOR ACQUISITION AS KEY GROWTH STRATEGY BETWEEN 2018 AND 2022
     11.3 RANKING OF KEY PLAYERS 
             FIGURE 32 RANKING OF TOP 5 PLAYERS IN HOT & COLD SYSTEMS MARKET
     11.4 REVENUE ANALYSIS 
             TABLE 244 OVERALL REVENUE OF KEY COMPANIES (2020–2022)
     11.5 MARKET SHARE ANALYSIS 
             FIGURE 33 MARKET SHARE ANALYSIS, 2022
                        TABLE 245 HOT & COLD SYSTEMS MARKET: DEGREE OF COMPETITION
     11.6 COMPANY EVALUATION MATRIX (TIER 1) 
             11.6.1 STARS
             11.6.2 PERVASIVE PLAYERS
             11.6.3 EMERGING LEADERS
             11.6.4 PARTICIPANTS
                        FIGURE 34 HOT & COLD SYSTEMS MARKET: COMPANY EVALUATION MATRIX FOR TIER 1 COMPANIES, 2023
             11.6.5 COMPANY FOOTPRINT
                        TABLE 246 APPLICATION FOOTPRINT
                        TABLE 247 REGION FOOTPRINT
     11.7 START-UP/SME EVALUATION QUADRANT 
             11.7.1 PROGRESSIVE COMPANIES
             11.7.2 RESPONSIVE COMPANIES
             11.7.3 DYNAMIC COMPANIES
             11.7.4 STARTING BLOCKS
                        FIGURE 35 HOT & COLD SYSTEMS MARKET: COMPANY EVALUATION MATRIX FOR STARTUPS AND SMES, 2023
             11.7.5 COMPETITIVE BENCHMARKING
                        11.7.5.1 Strength of product portfolio
                        11.7.5.2 Business strategy excellence
     11.8 COMPETITIVE SCENARIO AND TRENDS 
             11.8.1 PRODUCT LAUNCHES/DEVELOPMENTS
                        TABLE 248 PRODUCT LAUNCHES/DEVELOPMENTS, 2018-2022
             11.8.2 DEALS
                        TABLE 249 DEALS, 2018–2022
             11.8.3 OTHERS
                        TABLE 250 OTHERS, 2018–2022
 
12 COMPANY PROFILES (Page No. - 222)
(Business overview, Products offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *
     12.1 KEY PLAYERS 
             12.1.1 RWC
                        TABLE 251 RWC: COMPANY OVERVIEW
                        FIGURE 36 RWC: COMPANY SNAPSHOT
                        TABLE 252 RWC: PRODUCT OFFERINGS
                        TABLE 253 RWC: DEALS
                        TABLE 254 RWC: PRODUCT LAUNCHES
             12.1.2 ORBIA
                        TABLE 255 ORBIA: COMPANY OVERVIEW
                        FIGURE 37 ORBIA: COMPANY SNAPSHOT
                        TABLE 256 ORBIA: PRODUCT OFFERINGS
                        TABLE 257 ORBIA: DEALS
                        TABLE 258 ORBIA: OTHER DEVELOPMENTS
             12.1.3 GEORG FISCHER LTD.
                        TABLE 259 GEORG FISCHER LTD.: COMPANY OVERVIEW
                        FIGURE 38 GEORG FISCHER LTD.: COMPANY SNAPSHOT
                        TABLE 260 GEORG FISCHER LTD.: PRODUCT OFFERINGS
                        TABLE 261 GEORG FISCHER LTD.: DEALS
                        TABLE 262 GEORG FISCHER LTD.: PRODUCT LAUNCHES
                        TABLE 263 GEORG FISCHER LTD.: OTHER DEVELOPMENTS
             12.1.4 GEBERIT
                        TABLE 264 GEBERIT: COMPANY OVERVIEW
                        FIGURE 39 GEBERIT: COMPANY SNAPSHOT
                        TABLE 265 GEBERIT: PRODUCT OFFERINGS
                        TABLE 266 GEBERIT: DEALS
                        TABLE 267 GEBERIT: PRODUCT LAUNCHES
             12.1.5 WATTS WATER TECHNOLOGIES
                        TABLE 268 WATTS WATER TECHNOLOGIES: COMPANY OVERVIEW
                        FIGURE 40 WATTS WATER TECHNOLOGIES: COMPANY SNAPSHOT
                        TABLE 269 WATTS WATER TECHNOLOGIES: PRODUCT OFFERINGS
                        TABLE 270 WATTS WATER TECHNOLOGIES: DEALS
                        TABLE 271 WATTS WATER TECHNOLOGIES: PRODUCT LAUNCHES
             12.1.6 WIENERBERGER
                        TABLE 272 WIENERBERGER: COMPANY OVERVIEW
                        FIGURE 41 WIENERBERGER: COMPANY SNAPSHOT
                        TABLE 273 WIENERBERGER: PRODUCT OFFERINGS
                        TABLE 274 WIENERBERGER: DEALS
             12.1.7 AALBERTS
                        TABLE 275 AALBERTS: COMPANY OVERVIEW
                        FIGURE 42 AALBERTS: COMPANY SNAPSHOT
                        TABLE 276 AALBERTS: PRODUCT OFFERINGS
             12.1.8 ALIAXIS
                        TABLE 277 ALIAXIS: COMPANY OVERVIEW
                        FIGURE 43 ALIAXIS: COMPANY SNAPSHOT
                        TABLE 278 ALIAXIS: PRODUCT OFFERINGS
                        TABLE 279 ALIAXIS: DEALS
                        TABLE 280 ALIAXIS: OTHER DEVELOPMENTS
             12.1.9 REHAU
                        TABLE 281 REHAU: COMPANY OVERVIEW
                        TABLE 282 REHAU: PRODUCT OFFERINGS
                        TABLE 283 REHAU: OTHER DEVELOPMENTS
             12.1.10 ZURN
                        TABLE 284 ZURN: COMPANY OVERVIEW
                        FIGURE 44 ZURN: COMPANY SNAPSHOT
                        TABLE 285 ZURN: PRODUCT OFFERINGS
                        TABLE 286 ZURN: DEALS
                        TABLE 287 ZURN: OTHER DEVELOPMENTS
             12.1.11 UPONOR
                        TABLE 288 UPONOR: COMPANY OVERVIEW
                        TABLE 289 UPONOR: PRODUCT OFFERINGS
                        TABLE 290 UPONOR: DEALS
                        TABLE 291 UPONOR: PRODUCT LAUNCHES
                        TABLE 292 UPONOR: OTHER DEVELOPMENTS
             12.1.12 FINOLEX PIPES
                        TABLE 293 FINOLEX PIPES: COMPANY OVERVIEW
                        TABLE 294 FINOLEX PIPES: PRODUCT OFFERINGS
             12.1.13 LESSO GROUP
                        TABLE 295 LESSO GROUP: COMPANY OVERVIEW
                        FIGURE 45 LESSO GROUP: COMPANY SNAPSHOT
                        TABLE 296 LESSO GROUP: PRODUCT OFFERINGS
                        TABLE 297 LESSO GROUP: DEALS
                        TABLE 298 LESSO GROUP: PRODUCT LAUNCHES
                        TABLE 299 LESSO GROUP: OTHER DEVELOPMENTS
             12.1.14 ASTRAL PIPES
                        TABLE 300 ASTRAL PIPES: COMPANY OVERVIEW
                        TABLE 301 ASTRAL PIPES: PRODUCT OFFERINGS
                        TABLE 302 ASTRAL PIPES: DEALS
             12.1.15 SILMAR GROUP
                        TABLE 303 SILMAR GROUP: COMPANY OVERVIEW
                        TABLE 304 SILMAR GROUP: PRODUCT OFFERINGS
                        TABLE 305 SILMAR GROUP: PRODUCT LAUNCHES
                        TABLE 306 SILMAR GROUP: OTHER DEVELOPMENTS
             12.1.16 VIEGA
                        TABLE 307 VIEGA: COMPANY OVERVIEW
                        TABLE 308 VIEGA: PRODUCT OFFERINGS
                        TABLE 309 VIEGA: PRODUCT LAUNCHES
                        TABLE 310 VIEGA: OTHER DEVELOPMENTS
*Details on Business overview, Products offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
     12.2 OTHER PLAYERS 
             12.2.1 HULIOT
             12.2.2 MRPEX SYSTEMS
             12.2.3 JM EAGLE
             12.2.4 CHARLOTTE PIPE AND FOUNDRY COMPANY
             12.2.5 GENUIT GROUP
             12.2.6 SUPREME INDUSTRIES LIMITED
             12.2.7 PRINCE PIPES AND FITTINGS LIMITED
             12.2.8 PURMO GROUP
             12.2.9 GIACOMINI
 
13 APPENDIX (Page No. - 281)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS 
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS 

The study involved four major activities in estimating the market size of the hot & cold systems market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information for this study. These secondary sources include annual reports, press releases, investor presentations of companies, white papers, trade directories, certified publications, articles from recognized authors, construction data websites, and databases.

Secondary research has been used to obtain key information about the value chain of the industry, the monetary chain of the market, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.

Primary Research

The hot & cold systems market comprises several stakeholders in the value chain, which include raw material suppliers, hot & cold systems manufacturers, distributors, and end users. Various primary sources from the supply and demand sides of the hot & cold systems market have been interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders in end-use sectors. The primary sources from the supply side include manufacturers, associations, and institutions involved in the hot & cold systems industry.

Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to raw materials, components, applications, and regions. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of hot & cold systems and the future outlook of their business which will affect the overall market.

The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Hot & Cold Systems Market Size, and Share

Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2022 available in the public domain, product portfolios, and geographical presence.

Other designations include consultants and sales, marketing, and procurement managers.

To know about the assumptions considered for the study, download the pdf brochure

Company Name

Designation

Astral pipes

Sales Director

Georg Fischer Limited

Sales Manager

Uponor

Director

Finolex

Marketing Manager

Rehau

R&D Manager

 

 

Market Size Estimation

The top-down and bottom-up approaches have been used to estimate and validate the size of the hot & cold systems market.

  • The key players in the industry have been identified through extensive secondary research.
  • The components of the industry have been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research includes the study of reports, reviews, and newsletters of the key market players, along with extensive interviews for opinions with leaders such as directors and marketing executives.

Hot & Cold Systems Market: Bottum-Up Approach

Hot & Cold Systems Market Size, and Share

Note: All the shares are based on the global market size.

Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis

To know about the assumptions considered for the study, Request for Free Sample Report

Hot & Cold Systems Market: Top-Down Approach

Hot & Cold Systems Market Size, and Share

Data Triangulation

After arriving at the total market size from the estimation process explained above, the overall market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and sub-segments, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated by using both the top-down and bottom-up approaches and primary interviews. Hence, for every data segment, there have been three sources—top-down approach, bottom-up approach, and expert interviews. The data was assumed correct when the values arrived from the three sources matched.

Market Definition

The hot and cold systems market refers to the industry segment that encompasses the design, manufacturing, installation, and maintenance of systems used for heating and cooling purposes in various applications. These systems include components such as pipes, fixtures & connections, manifold, temperature control, local distribution, solvent cement, and control systems, which are designed to transport and regulate the flow of hot and cold fluids, to meet the thermal comfort and process requirements in residential, commercial, and industrial sectors.

Key Stakeholders

  • Senior Management
  • End User
  • Finance/Procurement Department
  • R&D Department

Report Objectives

  • To define, describe, and forecast the size of the hot & cold systems market, in terms of value and volume.
  • To provide detailed information regarding the major factors (drivers, opportunities, restraints, and challenges) influencing the growth of the market
  • To estimate and forecast the market size based on raw materials, components, applications, end-users, and region
  • To forecast the size of the market with respect to major regions, namely, Europe, North America, Asia Pacific, Middle East & Africa, and South America, along with their key countries
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of market leaders
  • To track and analyze recent developments such as partnerships, expansions, and acquisitions in the market
  • To strategically profile key market players and comprehensively analyze their core competencies

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country or additional application

Company Information

  • Detailed analysis and profiles of additional market players
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
CH 8712
Published ON
Jul, 2023
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