Underfloor Heating Market by Type (Manifolds & Valves, Zone Valves, Heating Pipes, Wiring Centers, Zone Valves, Thermal Actuators, Heating Cales, Mats, Thermostats & Sensors), Offering, Installation Type (New, Retrofit), Region - Global Forecast to 2029
The global underfloor heating market was valued at USD 5.3 billion in 2024 and is estimated to reach USD 7.6 billion by 2029, registering a CAGR of 7.3% during the forecast period. The rising urbanization, regulatory requirements for sustainable construction activities, enhanced air quality inside the residential as well as commercial complexes, zoning capabilities as well as other strategies foster a reasonable setting for underfloor heating market.
“Electric to grow significantly in underfloor heating market.”
Underfloor heating systems that run on electricity function similarly to electric blankets. The system generates heat by passing electricity through the cable installed beneath the floor as heating pads. While this heating type is unsuitable for large areas or cost-effective, it is ideal for smaller spaces. Electric underfloor heating systems utilize non-corrosive and flexible heating elements, making them easy to install. They require fewer components compared to hydronic underfloor heating systems. These systems are commonly used to heat carpets, rugs, laminates, tiles, and wood floors and provide floor warming.
“New installation contributes significant share in the underfloor heating market.”
In 2023, the new installation segment accounted for a larger market share, and a similar trend is likely to be observed during the forecast period, as the use of underfloor heating systems is on the rise in newly constructed residential and commercial buildings. Additionally, many developed nations, such as the US, the UK, and Germany, have implemented strict energy efficiency regulations for buildings.
Underfloor heating systems can help developers reduce installation costs in new buildings by utilizing on-site laborers for basic system installation and specialist contractors for electric system and boiler commissioning and connection. Although the installation cost of water-based underfloor heating systems is initially higher than standard radiator systems, they are more energy-efficient (>30%) than traditional central heating systems. Additionally, underfloor heating systems are now being offered as a value-added feature by builders to attract home buyers. All these trends indicate that newly installed underfloor heating systems are expected to dominate the market in the near future.
“North America will contribute significantly to the growth rate in underfloor heating market.”
North America is poised to contribute a significant share to the underfloor heating market for several compelling reasons. The region boasts a robust industrial, commercial as well as residential base across that forms an integral to managing complex heating processes, ensuring regulatory compliance, and improving efficiency. Advanced heating technologies enable real-time monitoring, predictive maintenance, and data analytics, thereby supporting agile decision-making and continuous improvement initiatives.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the underfloor heating market place.
By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
By Designation: C-level Executives – 48%, Directors – 33%, and Others – 37%
By Region: North America– 35%, Europe – 18%, Asia Pacific– 40% and RoW- 5%
The study includes an in-depth competitive analysis of these key players in the underfloor heating market, with their company profiles, recent developments, and key market strategies.
Research Coverage
This research report categorizes the underfloor heating market by type, end-use, and region (North America, Europe, Asia Pacific). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the underfloor heating market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the underfloor heating market. This report covers competitive analysis of upcoming startups in the underfloor heating market ecosystem.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the underfloor heating market, and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Increasing demand for cost-effective and advanced heating solutions, Government-led support and incentives for boosting adoption of underfloor heating solutions, Presence of Stringent building codes, High comfort and flexibility associated with underfloor heating systems), restraints (Longer response time than other heating systems, High Installation cost), opportunities (Technological advancements and digitalization in underfloor heating solution, Emergence of Internet of Things (IoT) based underfloor heating systems, Expanding construction industry), and challenges (Setup issues associated with underfloor heating systems) influencing the growth of the underfloor heating market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the underfloor heating market
Market Development: Comprehensive information about lucrative markets – the report analyses the underfloor heating market across varied regions.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the underfloor heating market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like as Resideo Technologies Inc (US), nVent Electric Plc (UK), Warmup (UK) Siemens (Germany), Emerson Electric Co. (US), Mitsubishi Electric Corporation (Japan) and Schneider Electric (US), among others in the underfloor heating market.
- Tables List
- Table 1 Role Of Companies In Ecosystem
- Table 2 Average Selling Price Trend Of Underfloor Heating System Components Provided By Major Players (Usd)
- Table 3 Average Selling Price Trend Of Underfloor Heating System Components, 2020−2023 (Usd)
- Table 4 Indicative Pricing Trend Of Manifolds, By Region (Usd)
- Table 5 Underfloor Heating Market: Porter’s Five Forces Analysis
- Table 6 Influence Of Stakeholders On Buying Process For Top Three Applications (%)
- Table 7 Key Buying Criteria For Top Three Applications
- Table 8 Underfloor Heating Market: Major Patents
- Table 9 Underfloor Heating Market: Conferences And Events, 2024–2025
- Table 10 North America: Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 11 Europe: Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 12 Asia Pacific: Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 13 Row: Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 14 Underfloor Heating Market: Key Standards
- Table 15 Comparison Of Floor Covering Types
- Table 16 Advantages Of Various Floor Covering Types
- Table 17 Advantages Of Wooden Floor Coverings
- Table 18 Underfloor Heating Market, By Installation Type,
- 2020–2023 (Usd Million)
- Table 19 Underfloor Heating Market, By Installation Type,
- 2024–2029 (Usd Million)
- Table 20 New Installations: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 21 New Installations: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 22 Retrofit Installations: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 23 Retrofit Installations: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 24 Underfloor Heating Market, By Offering, 2020–2023 (Usd Million)
- Table 25 Underfloor Heating Market, By Offering, 2024–2029 (Usd Million)
- Table 26 Hardware: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 27 Hardware: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 28 Services: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 29 Services: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 30 Underfloor Heating Market, By Product Type, 2020–2023 (Usd Million)
- Table 31 Underfloor Heating Market, By Product Type, 2024–2029 (Usd Million)
- Table 32 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2020–2023 (Million Units/Million Feet)
- Table 33 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2024–2029 (Million Units/Million Feet)
- Table 34 Electric Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2020–2023 (Million Units/Million Feet/Million Square Feet)
- Table 35 Electric Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2024–2029 (Million Units/Million Feet/Million Square Feet)
- Table 36 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 37 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 38 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Offering, 2020–2023 (Usd Million)
- Table 39 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Offering, 2024–2029 (Usd Million)
- Table 40 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2020–2023 (Usd Million)
- Table 41 Hydronic Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2024–2029 (Usd Million)
- Table 42 Electric Underfloor Heating: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 43 Electric Underfloor Heating: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 44 Electric Underfloor Heating: Underfloor Heating Market,
- By Offering, 2020–2023 (Usd Million)
- Table 45 Electric Underfloor Heating: Underfloor Heating Market,
- By Offering, 2024–2029 (Usd Million)
- Table 46 Electric Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2020–2023 (Usd Million)
- Table 47 Electric Underfloor Heating: Underfloor Heating Market,
- By Component Type, 2024–2029 (Usd Million)
- Table 48 Underfloor Heating Market, By Application, 2020–2023 (Usd Million)
- Table 49 Underfloor Heating Market, By Application, 2024–2029 (Usd Million)
- Table 50 Residential: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 51 Residential: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 52 Residential: Underfloor Heating Market,
- By Installation Type, 2020–2023 (Usd Million)
- Table 53 Residential: Underfloor Heating Market,
- By Installation Type, 2024–2029 (Usd Million)
- Table 54 Residential: Underfloor Heating Market,
- By Region, 2020–2023 (Usd Million)
- Table 55 Residential: Underfloor Heating Market,
- By Region, 2024–2029 (Usd Million)
- Table 56 Commercial: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 57 Commercial: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 58 Commercial: Underfloor Heating Market,
- By Installation Type, 2020–2023 (Usd Million)
- Table 59 Commercial: Underfloor Heating Market,
- By Installation Type, 2024–2029 (Usd Million)
- Table 60 Commercial: Underfloor Heating Market,
- By Region, 2020–2023 (Usd Million)
- Table 61 Commercial: Underfloor Heating Market,
- By Region, 2024–2029 (Usd Million)
- Table 62 Healthcare: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 63 Healthcare: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 64 Healthcare: Underfloor Heating Market,
- By Installation Type, 2020–2023 (Usd Million)
- Table 65 Healthcare: Underfloor Heating Market,
- By Installation Type, 2024–2029 (Usd Million)
- Table 66 Healthcare: Underfloor Heating Market,
- By Region, 2020–2023 (Usd Million)
- Table 67 Healthcare: Underfloor Heating Market,
- By Region, 2024–2029 (Usd Million)
- Table 68 Sports & Entertainment: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 69 Sports & Entertainment: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 70 Sports & Entertainment: Underfloor Heating Market,
- By Installation Type, 2020–2023 (Usd Million)
- Table 71 Sports & Entertainment: Underfloor Heating Market,
- By Installation Type, 2024–2029 (Usd Million)
- Table 72 Sports & Entertainment: Underfloor Heating Market,
- By Region, 2020–2023 (Usd Million)
- Table 73 Sports & Entertainment: Underfloor Heating Market,
- By Region, 2024–2029 (Usd Million)
- Table 74 Industrial: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 75 Industrial: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 76 Industrial: Underfloor Heating Market,
- By Installation Type, 2020–2023 (Usd Million)
- Table 77 Industrial: Underfloor Heating Market,
- By Installation Type, 2024–2029 (Usd Million)
- Table 78 Industrial: Underfloor Heating Market,
- By Region, 2020–2023 (Usd Million)
- Table 79 Industrial: Underfloor Heating Market,
- By Region, 2024–2029 (Usd Million)
- Table 80 Others: Underfloor Heating Market,
- By Product Type, 2020–2023 (Usd Million)
- Table 81 Others: Underfloor Heating Market,
- By Product Type, 2024–2029 (Usd Million)
- Table 82 Others: Underfloor Heating Market,
- By Installation Type, 2020–2023 (Usd Million)
- Table 83 Others: Underfloor Heating Market,
- By Installation Type, 2024–2029 (Usd Million)
- Table 84 Others: Underfloor Heating Market,
- By Region, 2020–2023 (Usd Million)
- Table 85 Others: Underfloor Heating Market,
- By Region, 2024–2029 (Usd Million)
- Table 86 Underfloor Heating Market, By Region, 2020–2023 (Usd Million)
- Table 87 Underfloor Heating Market, By Region, 2024–2029 (Usd Million)
- Table 88 North America: Underfloor Heating Market,
- By Country, 2020–2023 (Usd Million)
- Table 89 North America: Underfloor Heating Market,
- By Country, 2024–2029 (Usd Million)
- Table 90 North America: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 91 North America: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 92 Europe: Underfloor Heating Market,
- By Country, 2020–2023 (Usd Million)
- Table 93 Europe: Underfloor Heating Market,
- By Country, 2024–2029 (Usd Million)
- Table 94 Europe: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 95 Europe: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 96 Asia Pacific: Underfloor Heating Market,
- By Country, 2020–2023 (Usd Million)
- Table 97 Asia Pacific: Underfloor Heating Market,
- By Country, 2024–2029 (Usd Million)
- Table 98 Asia Pacific: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 99 Asia Pacific: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 100 Row: Underfloor Heating Market, By Region, 2020–2023 (Usd Billion)
- Table 101 Row: Underfloor Heating Market, By Region, 2024–2029 (Usd Billion)
- Table 102 Row: Underfloor Heating Market,
- By Application, 2020–2023 (Usd Million)
- Table 103 Row: Underfloor Heating Market,
- By Application, 2024–2029 (Usd Million)
- Table 104 Key Player Strategies Adopted By Key Players, 2021–2024
- Table 105 Underfloor Heating Market: Degree Of Competition, 2023
- Table 106 Underfloor Heating Market: Product Type Footprint
- Table 107 Underfloor Heating Market: Installation Type Footprint
- Table 108 Underfloor Heating Market: Application Footprint
- Table 109 Underfloor Heating Market: Region Footprint
- Table 110 Underfloor Heating Market: Key Startups/Smes
- Table 111 Competitive Benchmarking Of Key Startups/Smes
- Table 112 Underfloor Heating Market: Product Launches,
- January 2021–june 2024
- Table 113 Underfloor Heating Market: Deals, January 2021–june 2024
- Table 114 Resideo Technologies Inc.: Company Overview
- Table 115 Resideo Technologies Inc.: Product/Solution/Service Offerings
- Table 116 Resideo Technologies Inc.: Product Launches
- Table 117 Resideo Technologies Inc.: Deals
- Table 118 Nvent: Company Overview
- Table 119 Nvent: Product/Solution/Service Offerings
- Table 120 Nvent: Product Launches
- Table 121 Nvent: Deals
- Table 122 Warmup Plc: Company Overview
- Table 123 Warmup Plc: Product/Solution/Service Offerings
- Table 124 Warmup Plc: Deals
- Table 125 Rehau Ltd: Company Overview
- Table 126 Rehau Ltd: Product/Solution/Service Offerings
- Table 127 Rehau Ltd: Product Launches
- Table 128 Magnum Heating Group B.V.: Company Overview
- Table 129 Magnum Heating Group B.V.: Product/Solution/Service Offerings
- Table 130 Uponor Corporation: Company Overview
- Table 131 Uponor Corporation: Product/Solution/Service Offerings
- Table 132 Uponor Corporation: Deals
- Table 133 Emerson Electric Co.: Company Overview
- Table 134 Emerson Electric Co.: Product/Solution/Service Offerings
- Table 135 Robert Bosch Gmbh: Company Overview
- Table 136 Robert Bosch Gmbh: Product/Solution/Service Offerings
- Table 137 Danfoss: Company Overview
- Table 138 Danfoss: Product/Solution/Service Offerings
- Table 139 Danfoss: Product Launches
- Table 140 Mitsubishi Electric Corporation: Company Overview
- Table 141 Mitsubishi Electric Corporation: Product/Solution/Service Offerings
- Table 142 Siemens Ag: Company Overview
- Table 143 Siemens Ag: Product/Solution/Service Offerings
- Table 144 Schneider Electric: Company Overview
- Table 145 Schneider Electric: Product/Solution/Service Offerings
- Table 146 Incognito Heat Co.: Company Overview
- Table 147 Incognito Heat Co.: Product/Solution/Service Offerings
- Figures List
- Figure 1 Underfloor Heating Market Segmentation
- Figure 2 Underfloor Heating Market: Process Flow Of Market Size Estimation
- Figure 3 Underfloor Heating Market: Research Design
- Figure 4 Market Size Estimation Methodology: Bottom-up Approach
- Figure 5 Market Size Estimation Methodology: Top-down Approach
- Figure 6 Market Size Estimation Methodology (Supply Side): Revenue Generated By Key Players From Underfloor Heating Systems
- Figure 7 Data Triangulation
- Figure 8 Hydronic Underfloor Heating Segment To Account For Larger Market Share In 2029
- Figure 9 New Installations Segment To Dominate Market In 2029
- Figure 10 Residential Segment To Lead Market In 2029
- Figure 11 European Underfloor Heating Market To Grow At Highest Cagr During Forecast Period
- Figure 12 Increasing Awareness Of Benefits Of Underfloor Heating Systems
- To Drive Market
- Figure 13 Hardware Segment To Account For Larger Market Share In 2024
- Figure 14 Hydronic Underfloor Heating Segment To Dominate Market In 2024
- Figure 15 Residential Segment To Command Underfloor Heating Market In 2029
- Figure 16 Uk To Register Highest Cagr In Global Underfloor Heating Market During Forecast Period
- Figure 17 Underfloor Heating Market: Drivers, Restraints, Opportunities,
- And Challenges
- Figure 18 Underfloor Heating Market: Drivers And Their Impact
- Figure 19 Underfloor Heating Market: Restraints And Their Impact
- Figure 20 Underfloor Heating Market: Opportunities And Their Impact
- Figure 21 Underfloor Heating Market: Challenges And Their Impact
- Figure 22 Underfloor Heating Market: Ai Impact Analysis
- Figure 23 Underfloor Heating Market: Supply Chain Analysis
- Figure 24 Underfloor Heating Systems: Ecosystem Analysis
- Figure 25 Investment And Funding Scenario
- Figure 26 Average Selling Price Trend Of Underfloor Heating System Components Offered By Major Players
- Figure 27 Average Selling Price Trend Of Manifolds, By Region, 2020−2023
- Figure 28 Trends/Disruptions Influencing Customer Business
- Figure 29 Underfloor Heating Market: Porter’s Five Forces Analysis
- Figure 30 Influence Of Stakeholders On Buying Process
- For Top Three Applications
- Figure 31 Key Buying Criteria For Top Three Applications
- Figure 32 Import Data For Hs Code 841861-compliant Products,
- By Country, 2019–2023
- Figure 33 Export Data For Hs Code 841861-compliant Products,
- By Country, 2019–2023
- Figure 34 Top Patent Applicants And Owners, 2014–2023
- Figure 35 Underfloor Heating Market, By Installation Type
- Figure 36 New Installations Segment To Lead Market In 2024
- Figure 37 Residential Segment To Dominate Underfloor Heating Market
- For New Installations In 2024
- Figure 38 Underfloor Heating Market, By Offering
- Figure 39 Hardware Segment To Hold Larger Market Share In 2024
- Figure 40 Hydronic Underfloor Heating Segment To Hold Larger Share Of Underfloor Heating Market For Hardware In 2024
- Figure 41 Underfloor Heating Market, By Product Type And Component Type
- Figure 42 Hydronic Underfloor Heating Segment To Lead Market
- From 2024 To 2029
- Figure 43 Residential Segment To Hold Largest Share Of Hydronic Underfloor Heating Market In 2029
- Figure 44 Hardware Segment To Hold Larger Share Of Electric Underfloor Heating Market In 2029
- Figure 45 Underfloor Heating Market, By Application
- Figure 46 Residential Segment To Dominate Market During Forecast Period
- Figure 47 Underfloor Heating Market, By Region
- Figure 48 Uk To Be Fastest-growing Underfloor Heating Market Globally During Forecast Period
- Figure 49 North America: Snapshot Of Underfloor Heating Market
- Figure 50 Europe: Snapshot Of Underfloor Heating Market
- Figure 51 Asia Pacific: Snapshot Of Underfloor Heating Market
- Figure 52 Underfloor Heating Market: Revenue Analysis, 2020–2023
- Figure 53 Underfloor Heating Market: Market Share Analysis, 2023
- Figure 54 Company Valuation, 2023
- Figure 55 Financial Metrics (Ev/Ebitda), 2023
- Figure 56 Brand/Product Comparison
- Figure 57 Underfloor Heating Market: Company Evaluation Matrix
- (Key Players), 2023
- Figure 58 Underfloor Heating Market: Company Footprint
- Figure 59 Underfloor Heating Market: Company Evaluation Matrix (Startups/Smes), 2023
- Figure 60 Resideo Technologies Inc.: Company Snapshot
- Figure 61 Nvent: Company Snapshot
- Figure 62 Rehau Ltd: Company Snapshot
- Figure 63 Emerson Electric Co.: Company Snapshot
- Figure 64 Robert Bosch Gmbh: Company Snapshot
- Figure 65 Danfoss: Company Snapshot
- Figure 66 Mitsubishi Electric Corporation: Company Snapshot
- Figure 67 Siemens Ag: Company Snapshot
- Figure 68 Schneider Electric: Company Snapshot