The underfloor heating market is set to grow from its current market value of more than USD 5.5 billion to over USD 8.5 billion. Extreme weather conditions across certain regions along with the consequent demand for advanced space heating solutions may propel the global underfloor heating industry size over the years. Consumers are steadily getting aware about the benefits of energy conservation and of advanced heating solutions.
Due to strict energy-efficiency rules, there has been a surge in the number of retrofitting projects in many countries. Underfloor heating mats are extensively used across structures as their positioning does not require floor excavation and could be elastically integrated with the present electrical circuit that acts as an extremely suitable renovation solution.
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Simple installation procedures, optimized heating technology and the reduction in installation time will encourage underfloor heating mat manufacturers to develop highly advanced solutions that include the latest technology.
Demand for energy-efficient heating solutions that help lower CO2 emission levels, rise in urbanization and wakefulness among people regarding the need to adopt sustainable solutions will contribute towards the need for advanced underfloor heating systems.
Electric underfloor heating solutions are best known for offering benefits like easy installation, low cost, and integration. Insulation layers are deployed underneath the surface to increase efficiency, driving the heat upwards and reduce losses.
These systems are installed without the need for skilled technician or labor costs. Scalability and customization across multiple floor establishments are some of the leading factors driving the adoption of electric underfloor heating units
Europe underfloor heating market is projected to witness robust expansion on the back of strict building codes and standards that are focused on energy efficiency. Policymakers have deployed European Union Energy efficiency directive to facilitate the adoption of clean heating systems.
Increasing concerns with respect to high electricity bills and energy savings may drive industry growth. Surging consumer awareness related to long-term benefits of the system including low cost of running, high efficiency, and cost-saving will steer business scale.
The global underfloor heating market is fragmented with some of the leading companies that are actively focusing on introducing advanced technologies by way of merging, acquiring, and strategically partnering with other companies.
Some of the other well-known names operating in the industry include:
- Robert Bosch
- REHAU AG
- SALUS North America
- Hunt Heating
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Chapter 4 Underfloor Heating Market, By Product
4.1 Underfloor heating industry share by product, 2020 & 2027
4.2.1 Global market from electric, 2017 - 2027
4.2.2 Global market from electric, by region, 2017 - 2027
4.3.1 Global market from hydronic, 2017 - 2027
4.3.2 Global market from hydronic, by region, 2017 - 2027
Chapter 5 Underfloor Heating Market, By Facility
5.1 Underfloor heating market share by facility, 2020 & 2027
5.2 Existing buildings
5.2.1 Global market from existing buildings, 2017 - 2027
5.2.2 Global market from existing buildings, by region, 2017 - 2027
5.3 New buildings
5.3.1 Global market from new buildings, 2017 - 2027
5.3.2 Global market from new buildings, by region, 2017 - 2027
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