Industry Outlook On Underfloor Heating Market by Knowledge Sourcing Intelligence


Underfloor heating is a form of heat radiation from a moderately hot element to control the indoor temperature, thus providing thermal comfort. Moderately hot elements such as walls, floor or overheated panel cover a large area, thus evenly heating the whole target area. The increasing awareness of energy consumption, growing demand for clean and renewable energy technologies, flexibility in control, and minimal maintenance have led to an increase in the growth of the underfloor heating market. Additionally, Rapid urbanization, rising disposable income, replacement of existing heating systems because of the cost associated with it, and the extreme changes in climatic conditions have also driven the market. 

underfloor heating market share

Moreover, increasing automation in the industrial, commercial, and residential sectors, along with the increasing investment in research and development and introduction of cost-effective heating solutions have also stimulated the market demand. However, the slow response time of the underfloor heating systems and the cost associated with its implementation is a major concern for it can act as a restraining factor in the growth of the market. Key industry players in the underfloor heating systems market are Pentair PLC, Mitsubishi Electric, Uponor Corporation, Honeywell Electronics, Danfoss A/S, Schneider Electric SE, Nexans SA, and Robert Bosch GmbH, Emerson Electric, Schneider Electric SE, among others.

Market Segmentation
The underfloor heating market can be segmented based on type, end-user, and geography. On the basis of type, the market is classified as Hydronic System and Electric System. The hydronic system segment holds a significant portion of the underfloor heating market share due to its use in most floor finishes such as carpet, ceramic, engineered and solid wood, laminate, stone, and vinyl. In this system, the heated water is passed underneath the floor from the boiler, and then the radiant energy is emitted to the room. Its invisible deployment and long term cost benefits are a major factor in the further growth of the segment.
underfloor heating market share
Sample view of global underfloor heating market share

Based on end-user, the market is classified as Commercial Sector, Residential Sector, and Industrial Sector. The Commercial segment has been further segmented into Travel and Transport, Hospitality and Leisure, Healthcare, and others. The underfloor heating market growth is high owing to its high application in the residential sector due to the trend of rising refurbications in the homes and rising personal disposable income. Moreover, rapid urbanization, growing awareness towards energy conservation, ease of control, and growing demand for clean and renewable energy technology will also boost market growth.

By geography, the market is classified as North America, South America, Europe, Middle East, and Africa, and Asia Pacific. Europe region accounts for the highest share of underfloor heating market size. This can be substantiated with the increasing awareness about environment and energy efficiency and higher levels of insulation. Also, the regulatory requirements and government initiatives for the reduction of overall heating load and initiative to move towards a low carbon economy is also playing a major role in the growth. The rising level of refurbished activities being carried out in the Europe and North America region is expected to thrust the market demand.

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