Global Underfloor Heating Market 2022-2026

Global Underfloor Heating Market 2022-2026

Technavio has been monitoring the underfloor heating market and it is poised to grow by $ 1.62 bn during 2022-2026 progressing at a CAGR of 6.21% during the forecast period. Our report on the underfloor heating market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in global construction activities, low environmental impact of underfloor heating, and increasing refurbishment and replacement demand.

The underfloor heating market analysis includes the type segment and geographic landscape.

Technavio's underfloor heating market is segmented as below:

By Type

• Hydronic underfloor heating
• Electric underfloor heating

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the use of crosslinked polyethylene tubing as one of the prime reasons driving the underfloor heating market growth during the next few years. Also, emergence of smart thermostats and focus on reducing energy consumption and operating costs will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on underfloor heating market covers the following areas:

• Underfloor heating market sizing
• Underfloor heating market forecast
• Underfloor heating market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading underfloor heating market vendors that include Computime Group Ltd., Danfoss AS, Emerson Electric Co., Flexel International Ltd., Genuit Group Plc, Honeywell International Inc., Incognito Heat Co. Ltd., Jupiter Heating Systems Ltd., Mitsubishi Electric Corp., Nexans SA, nVent Electric Plc, Purmo Group Plc, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Speedheat Intenational, ThermoSoft International Corp., Toshiba Corp., Uponor Corp., and WARMup. Also, the underfloor heating market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Computime Group Ltd., Danfoss AS, Emerson Electric Co., Flexel International Ltd., Genuit Group Plc, Honeywell International Inc., Incognito Heat Co. Ltd., Jupiter Heating Systems Ltd., Mitsubishi Electric Corp., Nexans SA, nVent Electric Plc, Purmo Group Plc, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Speedheat Intenational, ThermoSoft International Corp., Toshiba Corp., Uponor Corp., WARMup