Underfloor Heating Market - Growth Opportunity and Revenue Analysis by Leading Players to 2025
Category: #reports  By Rahul Varpe  Date: 2020-04-14
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Underfloor Heating Market - Growth Opportunity and Revenue Analysis by Leading Players to 2025

The rising preference for underfloor heating across the high end residential ventures has thus necessitated the requirement of a lightweight solution without compromising on the quality of the design. The new launch by Jupiter Heating Systems and New Era Floor Systems precisely functions alongside these expectations, and has been predicted to considerably boost underfloor heating market trends.

The overall Underfloor Heating Market is slated to depict a valuation of USD 9 billion by 2025, having registered a remuneration of USD 5.5 billion in 2018.

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Underfloor heating industry has been gaining critical acclaim across myriad geographies. The stringent deployment of legislations such as the American Energy Efficiency Act, 2015, to promote power efficiency practices is expected to substantially drive the development of U.S. underfloor heating market. Apart from the numerous directives prevalent toward the installation of energy efficient heating systems, the construction of several commercial and residential units in the nation will also promote product adoption.

The participation of governmental bodies, apart from the U.S., is also a major driving force for other developed and developing nations. For instance, the launch of initiatives such as the Energy Saving Ordinance (EnEV) by the German government to reduce carbon footprints is forecast to upsurge underfloor heating industry size across the region. China market is predicted to experience a lucrative growth over the years to come, powered by the rise in green building constructions in conjunction with the nation’s  eleventh five-year plan.

Over the past few years, the demand for UFH systems has been substantially escalating, leading to a major surge in underfloor heating market share. The rising product demand has been prompting companies to build new systems for retrofit applications. These systems, which are built to operate at lower temperatures as compared to radiator systems, have found wide applications in boilers and heat pumps. Their favorable features such as low power consumption and heating costs are subsequently expected to further upsurge the product demand, favoring underfloor heating market expansion.

Market Growth Drivers –

  1. Introduction of energy efficiency standards
  2. Increasing standard of living
  3. Strict government regulations
  4. Extreme climatic conditions
  5. Rapid urbanization and commercialization
  6. Increasing demand for space heating

Top Companies

Danfoss, Uponor, REHAU, Amuheat, Robert Bosch GmbH, Eberle Controls GmbH, Warmup, Mitsubishi Electric Corporation, H2O Heating, Hunt Heating, Honeywell International, Inc., Siemens, Schlüter-Systems Ltd, Polypipe

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Split by product type, the market has been divided into

  1. Electric
  2. Hydronic

The report includes a lot of details pertaining to the production, growth rate of each segment, remuneration, price, as well as segmental market share.

Split by application, the market is divided into

  1. Residential {Single Family, Multi Family}
  2. Industrial
  3. Commercial {Education, Healthcare, Retail, Logistics & Transportation, Offices, Hospitality}

This report contains detailed information pertaining to the consumption of the product as well as market share of the application, alongside the growth rate of every application segment.

The main aim of the study is to entail substantial data and updates pertaining to the market and also to educate the audience on the various growth opportunities prevailing in the industry, which may help augment the business space. A deep-dive summary of the Underfloor Heating Market in combination with an in-depth set of the market definitions and business sphere overview have been provided in the report.

Information about the pricing evaluation alongside the value chain analysis have been given in the study. Historic figures and estimates pertaining to the industry expansion spanning the projection period are also entailed in the study.

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What are the key takeaways of this report?

  1. A well-detailed evaluation of the pricing trends has been given in the report, pertaining to the product, application, as well as regional landscapes
  2. A well-detailed analysis of the vendor matrix alongside the important companies that will help to better understand the competitive scenario in the global market
  3. Important insights pertaining to the regulatory spectrum surrounding the industry, along with the investments by many shareholders in the global market
  4. A significantly deep evaluation of the many parameters propelling the overall market growth in combination with their influence on the projection as well as dynamics of the global market
  5. A detailed understanding of the numerous available growth opportunities in the global industry
  6. An extensive evaluation of the various trends prevailing in the global business space


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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