Report Description

The global underfloor heating market is poised to grow at a significant rate during the forecast period owing to rising per capita disposable income which has led to surge in demand for products like underfloor heating. Moreover, the favourable incentives and support from government for adoption of underfloor heating is a major boost for the manufacturers. The increasing demand for cost-effective heating solutions is further expected to drive the global underfloor heating market through 2027.

Global underfloor heating market can be segmented based on type, component, installation, application and region. Based on type, the market is segmented into hydronic underfloor heating and electric underfloor heating. In hydronic underfloor heating, the surface is heated through heated water which is forced from a boiler through a link of tubs underneath the floor. While in electric underfloor heating, it requires electricity and lesser number of components than hydronic underfloor heating to heat the floor. Among the two, the electric underfloor heating is anticipated to undergo the fastest growth during the forecast period as it is more cost-effective when compared to hydronic underfloor heating.

Based on application, the global underfloor heating market is segmented into commercial, residential, entertainment, industrial and healthcare & education. The residential segment accounted for the largest market share in terms of revenue generation in 2021 and is expected to continue dominance until 2027. The reason for the growth of the segment could be attributed to growing awareness towards the benefits of underfloor heating systems among consumers.

Major companies operating in the global underfloor heating market include Siemens AG, Mitsubishi Electric Corporation, Pentair PLC, Honeywell International, Emersion Electric Co., Robert Bosch, Uponor Corporation, Danfos, Schneider Electric SE and Nexans S.A, among others. Leading companies are investing in latest technology to bring more efficient systems. Companies are also undertaking strategies like mergers & acquisitions to increase their global reach.

Objective of the Study:

  • To analyse and forecast the market size of global underfloor heating market.
  • To forecast global Underfloor Heating market based on type, component, installation, application, company and regional distribution.
  • To identify drivers and challenges for global underfloor heating market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global underfloor heating market.
  • To identify and analyse the profile of leading players operating in the global underfloor heating market.


Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of underfloor heating system manufacturing companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research.

TechSci Research calculated global underfloor heating market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Underfloor heating system manufacturing companies/partners
  • Suppliers/Distributers
  • End-Users
  • Government bodies such as regulating authorities and policy makers
  • Organizations, industry associations, forums and alliances related to underfloor heating market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as underfloor heating system manufacturing companies and partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Component

·         Installation Type

·         Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Siemens AG, Mitsubishi Electric Corporation, Pentair PLC, Honeywell International, Emersion Electric Co., Robert Bosch, Uponor Corporation, Danfos, Schneider Electric SE and Nexans S.A.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global underfloor heating market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Underfloor Heating Market, By Type:
    • Hydronic Underfloor Heating
    • Electric Underfloor Heating
  • Global Underfloor Heating Market, By Component:
    • Heating Cables
    • Heating Mats
    • Sensor & Thermostat
    • Heating Pipes & Manifolds
  • Global Underfloor Heating Market, By Installation Type:
    • New Installations
    • Retrofit Installations
  • Global Underfloor Heating Market, By Application:
    • Commercial
    • Residential
    • Entertainment
    • Industrial
    • Healthcare & Education
  • Global Underfloor Heating Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India 
      • South Korea
      • Australia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • UAE
      • South Africa
      • Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global underfloor heating market.

Available Customizations:

With the given market data, TechSci Research offers customizations according a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Underfloor Heating Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Underfloor Heating Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Hydronic Underfloor Heating Vs Electric Underfloor Heating)

6.2.2.     By Component (Heating Cables, Heating Mats, Sensor & Thermostat, Heating Pipes & Manifolds)

6.2.3.     By Installation Type (New Installations, Retrofit Installations)

6.2.4.     By Application (Commercial, Residential, Entertainment, Industrial, Healthcare & Education)

6.2.5.     By Company (2021)

6.2.6.     By Region

6.3.  Product market Map

7.    Asia-Pacific Underfloor Heating Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Component

7.2.3.     By Installation Type

7.2.4.     By Application

7.2.5.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Underfloor Heating Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Component

7.3.1.2.3.             By Application

7.3.2.     India Underfloor Heating Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Component

7.3.2.2.3.             By Application

7.3.3.     Japan Underfloor Heating Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Component

7.3.3.2.3.             By Application

7.3.4.     South Korea Underfloor Heating Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Component

7.3.4.2.3.             By Application

7.3.5.     Australia Underfloor Heating Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Component

7.3.5.2.3.             By Application

8.    Europe Underfloor Heating Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Component

8.2.3.     By Installation Type

8.2.4.     By Application

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Underfloor Heating Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Component

8.3.1.2.3.             By Application

8.3.2.     Germany Underfloor Heating Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Component

8.3.2.2.3.             By Application

8.3.3.     United Kingdom Underfloor Heating Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Component

8.3.3.2.3.             By Application

8.3.4.     Italy Underfloor Heating Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Component

8.3.4.2.3.             By Application

8.3.5.     Spain Underfloor Heating Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Component

8.3.5.2.3.             By Application

9.    North America Underfloor Heating Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Component

9.2.3.     By Installation Type

9.2.4.     By Application

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Underfloor Heating Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Component

9.3.1.2.3.             By Application

9.3.2.     Mexico Underfloor Heating Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Component

9.3.2.2.3.             By Application

9.3.3.     Canada Underfloor Heating Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Component

9.3.3.2.3.             By Application

10.  South America Underfloor Heating Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Component

10.2.3.  By Installation Type

10.2.4.  By Application

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Underfloor Heating Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Component

10.3.1.2.3.           By Application

10.3.2.  Argentina Underfloor Heating Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Component

10.3.2.2.3.           By Application

10.3.3.  Colombia Underfloor Heating Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Component

10.3.3.2.3.           By Application

11.  Middle East and Africa Underfloor Heating Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Component

11.2.3.  By Installation Type

11.2.4.  By Application

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Underfloor Heating Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Component

11.3.1.2.3.           By Application

11.3.2.  Saudi Arabia Underfloor Heating Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Component

11.3.2.2.3.           By Application

11.3.3.  UAE Underfloor Heating Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Component

11.3.3.2.3.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Players Profiled (Leading Companies)

14.2.1.  Siemens AG

14.2.2.  Mitsubishi Electric Corporation

14.2.3.  Pentair PLC

14.2.4.  Honeywell International,

14.2.5.  Emersion Electric Co.

14.2.6.  Robert Bosch

14.2.7.  Uponor Corporation

14.2.8.  Danfoss

14.2.9.  Schneider Electric SE

14.2.10.                Nexans S.A.

 15. Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

Siemens AG, Mitsubishi Electric Corporation, Pentair PLC, Honeywell International, Emersion Electric Co., Robert Bosch, Uponor Corporation, Danfos, Schneider Electric SE, and Nexans S.A. are the leading market players in the global underfloor heating market.

down-arrow

The European region is expected to lead the market during the forecast period due to the increased demand for energy-efficient systems.

down-arrow

Based on application, the market is divided into commercial, residential, entertainment, industrial, and healthcare & education. The residential segment is expected to hold the largest market in the forecast period.

down-arrow

Growing demand for cost-effective heating solutions and an increase in the expenditure capacity of consumers are driving the demand for the global underfloor heating market during the forecast period.

profile

Parvati Sharma

Account Manager BD
Press Release

Evaporated Milk Market to Grow with a CAGR of 2.54% through 2029

Nov, 2024

The global Evaporated Milk Market is expanding, driven by growing consumer demand for convenience and shelf-stable products, rising interest in dairy-based beverages and desserts, and expanding middl