Underfloor Heating Market Insights, Size and Growth Forecast To 2030
Global Underfloor Heating Market– By Application, By Type, By Installation - Regional Outlook, Competitive Strategies and Segment Forecasts to 2030
| Published: Aug-2022 | Report ID: COAM2204 | Pages: 1 - 232 | Formats*: |
| Category : Construction & Manufacturing | |||
Global Underfloor Heating Market Overview
According to SPER Market Research, the Global Underfloor Heating Market is estimated to reach USD 10.21 billion by 2032 with a CAGR of 7.84%.
The market for heating systems located below a building's floor is referred to as the global underfloor heating market. Residential, commercial, and industrial facilities can all benefit from these systems' efficient and comfortable heating options. Because they provide a warm interior climate, lower energy usage, enhanced indoor air quality, and other benefits, underfloor heating systems are becoming more and more popular all over the world. The rising need for energy-efficient heating options is one of the main reasons propelling the expansion of the worldwide underfloor heating market. There is an increasing need for energy-efficient heating systems as people throughout the world become more aware of how energy use affects the environment. As they disperse heat more uniformly throughout the space, underfloor heating systems are significantly more energy-efficient than conventional heating systems. Further reducing energy use is the ability to precisely control underfloor heating systems. The development of smart homes is another element boosting the worldwide underfloor heating industry. Smart houses come with a variety of technologies that give owners control over their home's lighting, security, heating and cooling systems, and other features. Smart home systems can be combined with underfloor heating systems, giving homeowners remote access to their house's temperature. Underfloor heating systems are becoming more and more popular in smart homes across the globe due to their convenience. As a result of expanding acceptance of smart homes and rising demand for energy-efficient heating systems, the worldwide underfloor heating market is anticipated to expand in the upcoming years.
Impact of COVID-19 on the Global Underfloor Heating Market
The COVID-19 epidemic has had a substantial effect on the world market for underfloor heating. Underfloor heating system manufacture and delivery were delayed as a result of supply chain interruptions brought on by the epidemic. Also, as a result of the pandemic, fewer construction projects were undertaken, which further lowered demand for underfloor heating systems. Underfloor heating system installation was impacted by the lockdowns and travel restrictions enforced by governments around the world. Underfloor heating systems became less popular as a result of the suspension of numerous development projects. The global underfloor heating market's revenue therefore experienced a sharp fall. Underfloor heating solutions are anticipated to become more popular as the world starts to recover from the pandemic. The underfloor heating market is projected to recover in the next years due to the growing emphasis on energy-efficient solutions and the expansion of the building sector. In addition, many people are spending more time at home as a result of the pandemic's impact on consumer behaviour. In the long run, the underfloor heating market may gain from the increased demand for cosy and effective heating solutions that has resulted from this. Globally, the COVID-19 pandemic has had a detrimental influence on the underfloor heating business, but as the world continues to recover from the pandemic, the market is anticipated to rebound.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By Type, By Installation. |
| Geographies covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Amuheat, Bosch GmbH, Danfoss, Emersion Electric Co., ESI Heating and Cooling, Honeywell International Inc., Hurlcon Hydronic Heating, Janes Radiant, Mitsubishi Electric Corporation, Pentair plc., Polypipe, Robert Bosch GmbH, Schneider Electric, Schlüter-Systems Ltd., SALUS North America, Siemens AG, Uponor Corporation. |
Target Audience:
- Construction Industry
- HVAC Industry
- Building Automation Industry
- Manufacturers
Global Underfloor Heating Market Segmentation:
1. By Application:
- Commercial
- Institutional
- Residential
2. By Type:
- Electric Underfloor Heating
- Hydronic Underfloor Heating
3. By Installation:
- New installations
- Retrofit installations
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Underfloor Heating Market (FY’2019-FY’2032)
- Overview of Global Underfloor Heating Market
- Segmentation of Global Underfloor Heating Market By Application (Commercial, Institutional, Residential)
- Segmentation of Global Underfloor Heating Market By Type (Electric Underfloor Heating, Hydronic Underfloor Heating)
- Segmentation of Global Underfloor Heating Market By Installation (New installations, Retrofit installations)
- Statistical Snap of Global Underfloor Heating Market
- Growth Analysis of Global Underfloor Heating Market
- Problems and Challenges in Global Underfloor Heating Market
- Competitive Landscape in the Global Underfloor Heating Market
- Impact of COVID-19 and Demonetization on Global Underfloor Heating Market
- Details on Recent Investment in Global Underfloor Heating Market
- Competitive Analysis of Global Underfloor Heating Market
- Major Players in the Global Underfloor Heating Market
- SWOT Analysis of Global Underfloor Heating Market
- Global Underfloor Heating Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Underfloor Heating Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Underfloor Heating Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Underfloor Heating Market
7. Global Underfloor Heating Market, By Application, 2019-2032 (USD Million)
7.1 Commercial7.2 Institutional7.3 Residential
8. Global Underfloor Heating Market, By Type, 2019-2032 (USD Million)
8.1 Electric Underfloor Heating8.2 Hydronic Underfloor Heating
9. Global Underfloor Heating Market, By Installation, 2019-2032 (USD Million)
9.1 New installations9.2 Retrofit installations
10. Global Underfloor Heating Market, By Region, 2019-2032 (USD Million)
10.1 Global Underfloor Heating Market Size and Market Share by Region (2019-2025)10.2 Global Underfloor Heating Market Size and Market Share by Region (2026-2032)10.3 Asia-Pacific
10.3.1 Australia10.3.2 China10.3.3 India10.3.4 Japan10.3.5 South Korea10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France10.4.2 Germany10.4.3 Italy10.4.4 Spain10.4.5 United Kingdom10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia10.5.2 United Arab Emirates10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada10.6.2 Mexico10.6.3 United States
10.7 Latin America
10.7.1 Argentina10.7.2 Brazil10.7.3 Rest of Latin America
11. Company Profiles
11.1 Amuheat
11.1.1 Company details11.1.2 Financial outlook11.1.3 Product summary11.1.4 Recent developments
11.2 Bosch GmbH
11.2.1 Financial outlook11.2.2 Product summary11.2.3 Recent developments
11.3 Danfoss
11.3.1 Company details11.3.2 Financial outlook11.3.3 Product summary11.3.4 Recent developments
11.4 Emersion Electric Co.
11.4.1 Company details11.4.2 Financial outlook11.4.3 Product summary11.4.4 Recent developments
11.5 ESI Heating and Cooling
11.5.1 Company details
11.5.2 Financial outlook11.5.3 Product summary11.5.4 Recent developments
11.6 Honeywell International Inc.
11.6.1 Company details11.6.2 Financial outlook11.6.3 Product summary11.6.4 Recent developments
11.7 Hurlcon Hydronic Heating
11.7.1 Company details11.7.2 Financial outlook11.7.3 Product summary11.7.4 Recent developments
11.8 Janes Radiant
11.8.1 Company details11.8.2 Financial outlook11.8.3 Product summary11.8.4 Recent developments
11.9 Mitsubishi Electric Corporation
11.9.1 Company details11.9.2 Financial outlook11.9.3 Product summary11.9.4 Recent developments
11.10 Pentair plc.
11.10.1 Company details11.10.2 Financial outlook11.10.3 Product summary11.10.4 Recent developments
11.11 Polypipe
11.11.1 Company details11.11.2 Financial outlook11.11.3 Product summary11.11.4 Recent developments
11.12 Robert Bosch GmbH
11.12.1 Company details11.12.2 Financial outlook11.12.3 Product summary11.12.4 Recent developments
11.13 Schneider Electric
11.13.1 Company details11.13.2 Financial outlook11.13.3 Product summary11.13.4 Recent developments
11.14 Schlüter-Systems Ltd.
11.14.1 Company details11.14.2 Financial outlook11.14.3 Product summary11.14.4 Recent developments
11.15 SALUS North America
11.15.1 Company details11.15.2 Financial outlook11.15.3 Product summary11.15.4 Recent developments
11.16 Siemens AG
11.16.1 Company details11.16.2 Financial outlook11.16.3 Product summary11.16.4 Recent developments
11.17 Uponor Corporation
11.17.1 Company details11.17.2 Financial outlook11.17.3 Product summary11.17.4 Recent developments
12.List of Abbreviations
13.Reference Links
14.Conclusion
15.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Underfloor Heating Market CAGR of 7.84% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Underfloor Heating Market size is USD 10.21 billion from 2022 to 2032.
Underfloor Heating Market Segment is covered By Application, By Type, By Installation.
Underfloor Heating Market is projected to reach USD 10.21 billion by 2032, growing at a CAGR of 7.84% during the forecast period.
Underfloor Heating Market grew in market size from 2021. The Market is expected to reach USD 10.21 billion by 2032, at a CAGR of 7.84% during the forecast period.
The North America region is anticipated to have the highest market share in the Underfloor Heating Market.
The key players in the market include Companies Covered Amuheat, Bosch GmbH, Danfoss, Emersion Electric Co., ESI Heating and Cooling, Honeywell International Inc., Hurlcon Hydronic Heating, Janes Radiant, Mitsubishi Electric Corporation, Pentair plc., Polypipe, Robert Bosch GmbH, Schneider Electric, Schlüter-Systems Ltd., SALUS North America, Siemens AG, Uponor Corporation.
The rising need for energy-efficient heating options is one of the main reasons propelling the expansion of the worldwide underfloor heating market.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
