Underfloor Heating Market Major Impacting Factors to Growth of the Industry by Key Players

Intelligence Market Research has Published New Market Research Report on – “Underfloor Heating Market – Global Industry Analysis, Size Overview, Trends, Growth and Forecast by 2025.”

Underfloor heating can be defined as the application of electrical systems or water systems to the floor in order to generate heat under the flooring. The electrical systems use electrical cables in order to generate the heat whereas water systems use the length of a pipe in order to pump water through a heat source to heat the floor. An electric underfloor heating system is more applicable for smaller areas such as bathrooms whereas water underfloor systems are require more space as well as more time to install.

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The major players in the market are as follows:

· Danfoss A/S

· Pentair PLC

· Honeywell International PLC

· Schneider Electric SE

· Nexans S.A.

· Uponor Corporation

· Emerson Electric Co.

· Robert Bosch GmbH

· Mitsubishi Electric Corporation

· Siemens AG

Market outlook

The market in Europe Region is projected to exhibit the highest growth during the forecast period owing to the rising adoption of advance technologies and increasing demand from residential spaces.

Among the Floor Type segments, the Wood Flooring segment is dominating the market and it is expected to remain dominate throughout the forecast period.

Among the application segments, the Residential segment is expected to witness high growth rates during the forecast period, as the adoption of solution is increasing due to low budget concern.

Drivers:

Increasing per capita disposal income:

Increasing per capita disposable income among consumers is one of the key factors driving growth of the Underfloor Heating market. Globally consumers are emphasizing more on the look and feel of homes. Also, increasing popularity of ‘concept home’ and ‘uniform heating /cooling ’ is fuelling demand for underfloor heating market.

Rapid growth in commercial sector

The commercial sector globally has registered rapid growth over the past few years, which is in turn fuelling growth of the Underfloor Heating market

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Underfloor Heating Market Segmentation:

The Global Underfloor Heating Market is segmented on the type, component, installation, application, and region.

By Type:

· Hydronic Underfloor Heating System

· Electric Underfloor Heating System

By Component:

· Hydronic Underfloor Heating Component (Manifolds, Sensor and Thermostat, Heating Pipes)

· Electric Underfloor Heating Component (Heating Mats, Sensors and Thermostat, Heating Cables)

By Installation:

· New Installation

· Retrofit

By Type Of Floor

· Wood Flooring

· Rubber and Carpet Flooring

· Tile, Stone, and Polished Screed

· Laminate Flooring

· Vinyl Flooring

By Application:

· Healthcare

· Education

· Commercial

· Entertainment

· Residential

· Industrial

By Region:

· North America (U.S., Canada, Mexico)

· Europe (Germany, UK, France, Rest of Europe)

· Asia Pacific (China, India, Japan, Rest of Asia Pacific)

· Latin America (Brazil, Argentina, Rest of Latin America)

· Middle East & Africa

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