Description
Underfloor heating market will reach at an estimated value of USD 7.9 billion by 2028 and grow at a CAGR of 7.95% in the forecast period of 2021 to 2028. Increase in the awareness about the benefits of underfloor heating acts as an essential factor driving the underfloor heating market. Increase in the level of comfort and flexibility is a crucial factor accelerating the market growth, also increase in the introduction of energy efficiency standards, rise in the standard of living, increase in the strict government regulations, increase in the extreme climatic conditions and rise in the demand for space heating are the major factors among others boosting the underfloor heating market. Moreover, rise in the technological advancements and rapid digitalization in underfloor heating, rise in the environmental concerns and an increasing number of efficiency standards and increase in the deployment of IoT-enabled underfloor heating systems in smart homes will further create new opportunities for underfloor heating market in the forecast period mentioned above.
Market Analysis and Insights: Global Underfloor Heating Market
Underfloor heating is defined as a central heating and cooling which ensures the indoor temperature. It forms radiant heating that helps in enabling heat to pass from the hot element and also makes the indoor climate hot providing comfort also provides thermal comfort using conduction, radiation and convention. It is extensively applicable in residential and commercial buildings and it also helps to save power being consumed by the heaters.
This underfloor heating market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on underfloor heating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Underfloor Heating Market Scope and Market Size
· On the basis of component, underfloor heating market is segmented into electric system components and hydronic system components.
· Based on type’, the underfloor heating market is segmented into hydronic underfloor heating systems and electric underfloor heating.
· Based on installation, the underfloor heating market is segmented into new installation and retrofit.
· Based on application, the underfloor heating market into residential, commercial, healthcare, entertainment, industrial sector and others.
· The underfloor heating market is also segmented on the basis of facility into new building, existing building.
Underfloor Heating Market Scope Country Level Analysis
The countries covered in the underfloor heating market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the underfloor heating market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
North America dominates the underfloor heating market due to increase in the introduction of energy efficiency standards, rise in the standard of living, increase in the strict government regulations, increase in the extreme climatic conditions and rise in the demand for space heating in this region. This region is further expected to witness a firm share of growth in the respective market.
Competitive Landscape and Underfloor Heating Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to underfloor heating market.
The major players covered in underfloor heating market report are
· Siemens,
· Mitsubishi Electric Corporation,
· WARMUP Plc,
· Pentair plc,
· NEXANS, Danfoss,
· Honeywell International Inc.,
· Uponor Corporation,
· Robert Bosch GmbH,
· Robot uk ltd,
· Schneider Electric,
· Emersion Electric Co., T
· he Underfloor Heating Company London,
· Flexel International Ltd.,
· Jupiter Heating Systems Ltd.,
· Rehau, Toshiba Corporation,
· Speedheat (Pty) Ltd,
· Uheat, Pergo,
· ZingyHomes and ThermoSphere among other domestic and global players.
Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Get TOC of the Report: https://www.databridgemarketresearch.com/toc/?dbmr=global-underfloor-heating-market
Major TOC of the Underfloor Heating Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
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