The global underfloor heating market is estimated to grow from USD 4.6 billion in 2020 to USD 6.6 billion by 2025, at a CAGR of 7.3%. Key factors fueling the growth of this market include the high demand for cost-effective heating solutions, strong government support and incentives for the adoption of underfloor heating solutions, awareness regarding underfloor heating, and a high level for comfort and flexibility offered by underfloor heating systems.
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Key Market Players
Uponor (Finland), Honeywell (US), nVent Electric (UK), Warmup (UK), Rehau (Switzerland), Emerson (US), Robert Bosch (Germany), Danfoss (Denmark), Pentair (US), Mitsubishi Electric (Japan), Siemens (Germany), Schneider Electric (France), Myson (UK), Thermosoft International (US), Flexel International (UK), Nexans (France), Amuheat (Australia), ESI Heating and Cooling (US), Janes Radiant (US), and Incognito (UK) are a few major companies operating in the underfloor heating market. These companies have adopted both organic and inorganic growth strategies such as product launches and developments, partnerships, agreements, contracts, and mergers and acquisitions to strengthen their position in the market.
Underfloor Heating Market Segmentation
- New Building
- Existing Building
- Single Family
- Multi Family
- Logistics & Transportation
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Underfloor Heating Market Report
- What was the Underfloor Heating Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Underfloor Heating Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Underfloor Heating Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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