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Underfloor heating market – Opportunities and forecast, 2020-2027

The global underfloor heating market report, published by GMI Research, provides extensive insight and analysis of the global underfloor heating market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global underfloor heating market. The research report also studies the competitive environment of the underfloor heating market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Global Underfloor Heating Market

The notable players in the global underfloor heating market include Emersion Electric Co. (US), Robert Bosch (Germany), Pentair PLC (US), Mitsubishi Electric Corporation (Japan), Honeywell International (US), Schneider Electric SE (France), Danfoss A/S (Denmark), Uponor Corporation (Finland), Siemens AG (Germany), and Nexans S.A. (France).

Key Drivers in the Global Underfloor Heating Market

The key drivers boosting the growth of the underfloor heating market size include the strong demand for central heating technologies at the global level. The rising emphasis on minimizing the carbon footprint generated from conventional radiators and the emerging trend to shift towards clean heating technology is surging the demand of the global underfloor heating market. Additionally, there has been an increase in household heating demand, especially for deployment across kitchen and bathroom spaces.

Some other drivers of this market include the increasing applications and its exceptional properties that will attract many end-users towards the market over the coming years. The operating temperature of the underfloor heating system is a low temperature, which can be easily achieved. It is widely used in the real estate sector, especially for the development of flats and apartments. On the other edge, the slow response time of underfloor heating, high installation, and labor cost are certain factors that will hamper the growth of the underfloor heating market over the coming years.

Market Segmentation

Global Underfloor heating Market by Product Type:

  • Electric underfloor heating
  • Hydronic underfloor heating

Global Underfloor heating Market by Application:

  • Residential {Single Family, Multi Family}
  • Industrial
  • Commercial {Education, Healthcare, Retail, Logistics & Transportation, Offices, Hospitality}

Global Underfloor heating Market by Installation Facility Type:

  • Existing buildings
  • New buildings

Global Underfloor heating Market by Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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Written by Sophia Jonson

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