PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1737381
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1737381
Global Radiant Cooling Systems Market to Reach US$2.5 Billion by 2030
The global market for Radiant Cooling Systems estimated at US$2.0 Billion in the year 2024, is expected to reach US$2.5 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2024-2030. Thermally Activated Building System, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$1.8 Billion by the end of the analysis period. Growth in the Radiant Cooling Panels segment is estimated at 2.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$552.5 Million While China is Forecast to Grow at 6.7% CAGR
The Radiant Cooling Systems market in the U.S. is estimated at US$552.5 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$503.6 Million by the year 2030 trailing a CAGR of 6.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.4% and 2.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
Global “Radiant Cooling Systems” Market - Key Trends & Drivers Summarized
Why Are Radiant Cooling Systems Emerging as the Future of Energy-Efficient HVAC?
Radiant cooling systems are rapidly gaining attention in the global HVAC industry as demand grows for sustainable, energy-efficient alternatives to conventional air conditioning. Unlike forced-air systems, radiant cooling relies on cooled surfaces-typically ceilings or floors-to absorb heat through radiation and conduction. This method offers superior thermal comfort, silent operation, and significant energy savings by reducing reliance on energy-intensive compressors. With increasing pressure to decarbonize the built environment, radiant cooling aligns with green building certifications such as LEED and WELL. It also reduces indoor air movement, lowering the spread of airborne contaminants, which became a key priority post-pandemic. These systems are especially effective in dry and moderate climates and are gaining traction in commercial spaces, healthcare, and educational facilities where comfort, health, and sustainability intersect.
How Is Innovation Accelerating the Adoption of Radiant Cooling Solutions?
Technological advancements are transforming radiant cooling systems from niche alternatives to mainstream solutions. Integration with Building Management Systems (BMS) allows for precise control of surface temperatures and coordination with ventilation systems. Thermally activated building systems (TABS), which embed cooling pipes into concrete slabs, offer thermal storage capabilities, reducing peak energy loads. Smart thermostats and zoned cooling are improving user experience and energy efficiency. The development of moisture-tolerant materials and advanced condensation control algorithms is expanding application in humid climates. Hybrid systems combining radiant panels with conventional HVAC are bridging the gap between innovation and practicality, especially in retrofits. Prefabricated radiant modules and lightweight ceiling panels are accelerating installation timelines and reducing costs. Together, these innovations are eliminating historical limitations and opening new opportunities across residential and commercial buildings.
What End-Use Trends Are Reshaping the Cooling Systems Landscape?
Radiant cooling systems are increasingly adopted in premium office buildings, hospitals, and educational institutions driven by occupant comfort and operational savings. In the residential sector, high-end apartments and green homes are integrating radiant systems as part of passive design strategies. Government regulations on building energy performance are pushing developers toward low-carbon HVAC options, fueling adoption in public infrastructure and smart city projects. In data centers and laboratories, where temperature stability is critical, radiant cooling provides a low-vibration, low-noise alternative. Additionally, the tourism and hospitality industries are exploring these systems for their unobtrusive and silent cooling, enhancing guest experience. As architects, MEP engineers, and energy consultants collaborate earlier in project lifecycles, demand for integrated, efficient cooling solutions like radiant systems is on the rise.
The Growth in the Radiant Cooling Systems Market Is Driven by Factors Including Technological Synergies, Sustainable Building Codes, and Smart Infrastructure Trends
The radiant cooling systems market is growing due to several specific drivers. First, evolving building energy codes and green certification standards are pushing architects and developers to integrate passive and low-energy HVAC systems. Second, technological convergence with IoT, smart sensors, and BMS platforms is enhancing operational control and efficiency. Third, increasing awareness of indoor air quality and noise reduction is driving demand in healthcare and educational facilities. Fourth, the shift toward electrified, decarbonized heating and cooling solutions is boosting interest in water-based radiant systems. Fifth, urbanization and the proliferation of high-performance buildings in Asia-Pacific and Middle Eastern markets are accelerating market adoption. Finally, climate resilience goals are positioning radiant cooling as a strategic solution for reducing peak loads and improving occupant comfort in a warming world.
SCOPE OF STUDY:
The report analyzes the Radiant Cooling Systems market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Type (Thermally Activated Building System, Radiant Cooling Panels); Installation Surface (Floor, Wall, Ceiling); Application (New Building, Existing Building / Renovation); Building Type (Residential, Industrial, Commercial)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Select Competitors (Total 34 Featured) -
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
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APRIL 2025: NEGOTIATION PHASE
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JULY 2025 FINAL TARIFF RESET
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Reciprocal and Bilateral Trade & Tariff Impact Analyses:
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Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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