Low temperature radiators are heat exchangers devices which are used for low temperature applications in the global market. The low temperature radiators are finding various applications in the all the end use industries, as they have exceptional heat exchanging properties. Low temperature radiators are used to transfer thermal energy from a medium to another for the purpose of cooling as well as heating. These low temperature radiators hold maximum share in the construction, electronics and automobile sectors in the global market.
In conventional radiators, the water supplied has a temperature range of 70 to 80 degree Celsius. However, in case of low temperature radiators, the supply temperature is the range of 30 and 55 degree Celsius. Presently low temperature radiators, have good potential in the construction industry as ideal temperatures can be maintained in a room. The low temperature radiators also have the features to maintain humidity and the air quality further enhancing the end user comfort. If these low temperature radiators are individually installed to separate room then changing temperature need of the end user can be precisely met.
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Low Temperature Radiators Market: Market Dynamics
Constructional activities and infrastructure development in emerging economies such as Asia Pacific, Middle East and others is growing rapidly. Sectors such as restaurants, malls, educational institutions, hotel rooms, corporate offices, conference rooms, and others, creating the demand for low temperature radiators in global market. Furthermore the industrial application of low temperature radiators in the machinery and automotive industry is also estimated to boost the sales of low temperature radiators in the global market. The need for cooling or heating at low temperatures in sensitive applications in case of food & beverage industry is also projected to create positive outlook for the global expansion of low temperature radiators market.
Low temperature radiators market is expected to rise in the forecast period as its application in the construction, automotive and electronic industries are increasing at a very good pace globally. They ideally preferred over the other transportation vehicles as they are more productive and can be used for various heating and cooling operation globally. The worldwide growth of the residential construction market is anticipated to create a lot opportunities for the global low temperature radiators market and in turn fuel up the production as well as the sales of these low temperature radiators.
In relatively mature markets like the North America and Europe, tipper body equipment vehicles buyers are looking for equipment equipped with advanced diagnosis and automation. Through process R&D and product innovation in advanced telematics systems, manufacturers have significantly improved their response time for such custom requirements from clients. This trend is expected to gain traction across the globe and create tremendous opportunity in the near future and in turn fuel market growth.
Global vendors are investing immensely in research and development of sophisticated Low Temperature Radiators to control and measure the hardness of several materials in the global market.
Low Temperature Radiators Market: Segmentation
Low Temperature Radiators market segmentation on the basis of temperature:
- Less than 30 degree Celsius
- Above 30 degree Celsius
Low Temperature Radiators market segmentation on the basis of End User:
- Food & Beverage
Low Temperature Radiators Market: Regional outlook
The global low temperature radiators market is dominated by the Asia Pacific, Europe and North America regions, this is due to the increasing research, development and innovation, digitalization, technological advancement and growth in all the construction and renovation of residential in the global market. China and South East Asia low temperature radiators market is expected to grow with a good growth rate owing to increasing automotive and electronics industry, especially in the India & ASEAN countries. The increasing acceptance of green & clean heating and cooling products in the U.S. and EU-5 countries has grown significantly grown over past few years and this is estimated to remain same over the coming years and thus fuel the demand for low temperature radiators in the global market.
Hence, North America and Europe possesses an immense opportunity for the low temperature radiators market over the forthcoming years. Asia pacific is expected to dominate low temperature radiators market over the forecast period as the fleet and the production is growing at very healthy rate. In the Asia-Pacific region the low temperature radiators market is expected to be driven owing to the increasing popularity and investments in the construction and automotive sectors as well as the increasing population of this region.
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Low Temperature Radiators Market: Key participants
Examples of some of the market participants in the global low temperature radiators market identified across the value chain include:
- Pipelife Ireland Limited
- Mesh Energy
- Quinn Radiators
- Rettig ICC (Purmo)
- Emmeti S.p.A.
- Airflow Services Limited