Global Underfloor Heating Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Underfloor Heating market size was valued at USD 4984.8 million in 2022 and is forecast to a readjusted size of USD 6253.4 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key manufacturers of underfloor heating are Danfoss A/S, Uponor, Nexans, Robert Bosch, Honeywell, Schneider Electric, Purmo Group, Rehau, Mitsubishi Electric and others. The largest manufacturer is Danfoss A/S, with a market share of 5%. The global origins are mainly located in North America, Europe, China, Japan, Korea, etc. Europe has the largest market with a market share of 40%. In terms of product category, electric heating holds more market share with 55%, while hydronic heating has a lower share. In terms of its applications, residential building holds 75% of the market share and commercial accounts for 15%.
Underfloor heating (UFH) is a heating system that uses embedded pipes or Electric Underfloor Heating cables beneath a finished floor so that heat radiates steadily from floor level.
It is a form of central heating using conduction, radiation and convection. Underfloor heating (UFH)’s advantages main include two aspects: it provides better quality heating without draughts or dry air, but also that, because of its low operating temperature; it can be easily linked in with alternative heating sources that output at the same low temperatures.
In general, underfloor heating (UFH) includes two types such as hydronic UFH systems and electric UFH systems. In this report, hydronic UFH is highlighted due to the extensive application.
This report is a detailed and comprehensive analysis for global Underfloor Heating market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Underfloor Heating market size and forecasts, in consumption value ($ Million), sales quantity (K sqm), and average selling prices (USD/sqm), 2018-2029
Global Underfloor Heating market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K sqm), and average selling prices (USD/sqm), 2018-2029
Global Underfloor Heating market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K sqm), and average selling prices (USD/sqm), 2018-2029
Global Underfloor Heating market shares of main players, shipments in revenue ($ Million), sales quantity (K sqm), and ASP (USD/sqm), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Underfloor Heating
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Underfloor Heating market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Danfoss A/S, Uponor, Nexans, Robert Bosch and Honeywell, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Underfloor Heating market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hydronic Heating
Electric Heating
Market segment by Application
Residential Building
Commercial Building
Other
Major players covered
Danfoss A/S
Uponor
Nexans
Robert Bosch
Honeywell
Schneider Electric
Purmo Group
Rehau
Mitsubishi Electric
Raychem
Resideo Technologies
Weixing
Emerson
Daikin
Rifeng
SunTouch
LESSO
Warmup
Rexva
GF Piping
STEP Warmfloor
VASCO
Arkon Heating Systems
Flexel
Hemstedt
ThermoSoft
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Underfloor Heating product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Underfloor Heating, with price, sales, revenue and global market share of Underfloor Heating from 2018 to 2023.
Chapter 3, the Underfloor Heating competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Underfloor Heating breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Underfloor Heating market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Underfloor Heating.
Chapter 14 and 15, to describe Underfloor Heating sales channel, distributors, customers, research findings and conclusion.