Global Underfloor Heating Market Analysis & Trends - Industry Forecast to 2030
The Global Underfloor Heating Market is poised to grow at a CAGR of around 7.7% over the next decade to reach approximately $8.1 billion by 2030. Some of the prominent trends that the market is witnessing includes technological advancements and rapid digitalization in underfloor heating, growing environmental concerns and increasing number of efficiency standards and increasing deployment of IOT-enabled underfloor heating systems in smart homes.
By thread types the market segregated into tanged thread insert and tangless thread insert.
Based on types of floor coverings, the market is bifurcated into carpet flooring, laminated flooring, rubber flooring, stones and polished screed, tile flooring, vinyl flooring and wood flooring.
By installation type, the market is fragmented into new installations and retrofit installations.
On the basis of component, the market is classified into electric system components and hydronic system components. The electric system components is classified into heating cables,
heating mats, sensors and thermostats. Furthermore hydronic system components are categories into heating pipes, manifolds and sensors and thermostats.
By system type the market is divided into dry system and wet system.
With respect to type, the market is segmented into radiant air floor, electric radiant floors and hot water radiant floor.
On the contrary to the offering, the market is divided into hardware, services and software. On the other hand the services are divided into design, installation & commissioning and repair & maintenance.
By product the market is segregated into glass fiber and carbon fiber.
On the basis of facility the market is spilt into new building and existing building.
With respect to heating method the market is divided into radiant and hydraunics.
By subsystems the market is bifurcated into heating systems, control systems and insulation substrate or underlay. The heating systems is classified into heating pipes and mats/carpet, heating cables and mats/carpet, pumps, distribution units and boiler. However, the control systems are further classified into sensors and control interfaces, and sensors is furthermore divided into room temperature sensor, floor and humidity.
Based on application the market is fragmented into residential buildings, commercial buildings and others application. The residential buildings are divided into single family and multifamily/apartment. On the other hand commercial building is further classified into offices, healthcare facilities, retail, hotels/hospitality, sports & entertainment, educational, government and public buildings, industrial buildings and transportation & logistic. Offices market is fragmented into small & medium enterprises and large enterprises. The healthcare facilities is categories into ambulatory care centers, clinics, diagnostic centers, hospitals and long term care facilities. Moreover, retail is fractionated into concert halls and museums, shopping centers, showrooms, theatres and restaurants and commercial kitchens.
The hotels/ hospitality are divided into casino hotels, business hotels, airport hotels, home stays, resort hotels, suite hotels and vacation hotels. Sports & Entertainment is segmented into training & coaching centers, sports & recreation centers and gym. Additionally the educational market is fragmented into schools, universities/colleges and research center. However, the government and public building is divided into courthouse and federal buildings.
The industrial buildings are classified into warehouses and production space. Moreover transportation& logistics is categories into train stations and airports.
On the basis of other applications the market is fragmented into telecommunications, media sectors and information technology.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2022, 2023 revenue estimations are presented for 2024 and forecasts from 2025 till 2030. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific
Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
Latin America
- Argentina
- Brazil
- Rest of Latin America
Rest of the World
- South Africa
- Others
Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
- Market opportunities and recommendations for new investments