Global Underfloor Heating Market by Types, Offerings, Facilities, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The global underfloor heating market was valued at USD 4.7 billion in 2019 and is expected to reach USD 6.6 billion by 2026, expanding at a CAGR of around 7 % during the forecast period, 2020–2026. Strong government incentives and support for adoption of underfloor heating solutions, high level of flexibility and comfort, growing demand for cost-effective heating solutions, and awareness related to the benefits of underfloor heating are the factors contributing to the growth of the market. Increasing demand for heating in extreme climatic conditions is impacting the growth of the market positively.
Request for sample@https://dataintelo.com/request-sample/?reportId=113900
A type of radiant heating system known as underfloor heating system controls the indoor climate by allowing heat to pass from hot element. By avoiding the use of radiator, the underfloor heating system provides thermal comfort. The wall, overheated panel, and floor are the hot elements. Owing to advantages such as absence of radiators to ensure safety, less maintenance, thermal comfort, and easy control with the help of single thermostat the underfloor heating system is gaining popularity.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing automation in commercial, residential, and industrial sector is fuelling the growth of the market.
- Growing awareness regarding the advantages of the use of underfloor heating is driving the growth of the market.
- Tax credit programs by government is influencing the growth of the market.
- Rising construction activities is expected to contribute to growth of the market during the forecast period.
- Rapid commercialization and urbanization are propelling the growth of the market.
- High level of flexibility and comfort is contributing to market growth.
- Slow response time may hamper the growth of the market during the forecast period.
- High installation cost may act as a restrain to the growth of the market during the forecast period.
Competitive Landscape:
Major companies in the global underfloor heating market include Honeywell, Uponor, Siemens, Janes Radiant, Myson, Mitsubishi Electric, Flexel International, Nexans, ESI Heating and Cooling, Warmup, Emerson, Robert Bosch, Danfoss, Pentair, Uponor, Schneider Electric, Incognito, Thermosoft International, and Amuheat. Companies in the underfloor heating market are engaging in both organic and inorganic growth strategies such as R&D, agreements, and collaborations to gain market share. The companies to gain more market share are adopting strategies such product launches and innovations to strengthen their position in the market.
Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=113900
The Global Underfloor Heating Market has been segmented on the basis of
Types
- Hydronic
- Electric
Offerings
- Hardware
- Services
Facilities
- Existing Buildings
- New Buildings
Applications
- Residential
- Commercial
- Industrial
Regions
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- Latin America
Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=113900
Why Choose Us:
- We offer industry-leading critical reports with accurate insights into the future of the market.
- Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments.
- We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency.
- The demand and supply dynamics offered in the report give a 360 degree view of the market.
- Our report helps readers decipher the current and future constraints in the underfloor heating market, and help them formulate optimum business strategies to maximize growth in the market.
Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- underfloor heating market Overview
- Global underfloor heating market Analysis and Forecast by Type
- Global underfloor heating market Analysis and Forecast by Application
- Global underfloor heating market Analysis and Forecast by Sales Channel
- Global underfloor heating market Analysis and Forecast by Region
- North America underfloor heating market Analysis and Forecast
- Latin America underfloor heating market Analysis and Forecast
- Europe underfloor heating market Analysis and Forecast
- Asia Pacific underfloor heating market Analysis and Forecast
- Middle East & Africa underfloor heating market Analysis and Forecast
- Competition Landscape
About DataIntelo:
DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.
Contact Info:
Name: Alex Mathews
Address: 500 East E Street, Ontario,
CA 91764, US.
Phone No: US: +1 909 545 6473 | IND: +91–7000061386
Email: [email protected]
Website: https://dataintelo.com
Other Report: