Global Underfloor Heating Market Overview:
According to SPER Market Research, the Global Underfloor Heating Market is estimated to reach USD 8.56 billion by 2030 with a CAGR of 7.5%. The market for underfloor heating comprises sales of systems that warm the floor or serve as the main source of heat by businesses, sole proprietors, and partnerships. Hydronic underfloor heating, electric underfloor heating, heating wires, heating mats, and other variations are among the several types of underfloor heating systems. A network of pipes under the finished floor is used to distribute warm water at a lower temperature for underfloor heating. To keep the home or specific zones at a constant temperature, intelligent thermostats monitor and manage the heat. The commercial, residential, and other types of buildings employ underfloor heating systems.
Electric and hydronic underfloor heating are the two primary forms of underfloor heating. An underfloor heating system that uses hot water generated by a boiler to circulate via a network of pipes beneath the floor to heat the substrate and, as a result, the space. For comfortable radiant heating of newly constructed or renovated commercial structures, heating wires are employed. There are two different kinds of installations: new installations and retrofit installations. Residential, commercial, institutional, and industrial spaces all employ underfloor heating.
The market for underfloor heating has recently seen a trend that is gaining popularity: corporate alliances. Companies in the underfloor heating industry are forming strategic alliances with technology companies to provide underfloor heating solutions with cutting-edge features.
In the upcoming years, it's anticipated that hydronic underfloor heating systems will maintain their market leadership. Systems for heating a big space with hydronic underfloor heating are eco-friendly and economical. They may be used on a variety of floor coverings, including marble, stone, slate, carpet, timber, and all types of tiles. The pipes that supply heat to various rooms in a house are connected by a system of valves called a manifold, which serves as the system's central component. By pumping enough hot water via the heating pipes, manifolds and valves allow for proportional heating.
Impact of COVID-19 on the Global Underfloor Heating Market:
The global market for underfloor heating has experienced tremendous development as a result of the COVID-19 epidemic. Because of the disruption caused by the new coronavirus and home quarantines, component suppliers and manufacturers had to reassess how they might use the worldwide distribution network to ensure business continuity. Due to the execution of safety measures to stop the virus's spread, the industry's players faced operational difficulties and a labor scarcity. In addition, the closure of offices and other business enterprises caused by the new coronavirus epidemic caused a change in the cost and demand for underfloor heating systems. The demand fell as a result of manufacturers, service providers, and contractors being either forbidden or reluctant to offer installation services as a result of social distance.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2019-2030 |
| Base year considered | 2021 |
| Forecast period | 2022-2030 |
| Segments covered | By Application, By Type, By Installation
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| Geographies covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa
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| Companies Covered | Amuheat, Bosch GmbH,Danfoss, Emersion Electric Co., ESI Heating and Cooling, Honeywell International Inc., Hurlcon Hydronic Heating, Janes Radiant, Mitsubishi Electric Corporation, Pentair plc., Polypipe, Robert Bosch GmbH, Schneider Electric, Schlüter-Systems Ltd., SALUS North America, Siemens AG, Uponor Corporation.
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Global Underfloor Heating Market Segmentation:
By Application: Based on the Application, Global Underfloor Heating Market is segmented as; Residential, Commercial, Institutional.
By Type: Based on the Type, Global Underfloor Heating Market is segmented as; Hydronic Underfloor Heating, Electric Underfloor Heating.
By Installation: Based on the Installation, Global Underfloor Heating Market is segmented as; New installations, Retrofit installations.
By Region: The Global Underfloor Heating Market is majorly driven by Europe. During the projected period, North-America is anticipated to have the quickest rate of growth in the worldwide Global Underfloor Heating Market.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Underfloor Heating Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Underfloor Heating Market, By Application, 2019-2030 (USD Million)
6.1. Residential, Commercial, Institutional
6.2. Commercial
6.3. Institutional
7. Global Underfloor Heating Market, By Type, 2019-2030 (USD Million)
7.1. Hydronic Underfloor Heating
7.2. Electric Underfloor Heating
8. Global Underfloor Heating Market, By Installation, 2019-2030 (USD Million)
8.1. New installations
8.2. Retrofit installations
9. Global Underfloor Heating Market, By Region, 2019-2030 (USD Million)
9.1. North America
9.1.1. United States
9.1.2. Canada
9.1.3. Mexico
9.2. Europe
9.2.1. Germany
9.2.2. United Kingdom
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe
9.3. Asia-Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Australia
9.3.5. South Korea
9.3.6. Rest of Asia-Pacific
9.4. South America
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Rest of South America
9.5. Middle East & Africa
9.5.1. Kingdom of Saudi Arabia
9.5.2. United Arab Emirates
9.5.3. Rest of Middle East & Africa
10. Company Profiles
10.1. Amuheat
10.1.1. Company details
10.1.2. Financial outlook
10.1.3. Product summary
10.1.4. Recent developments
10.2. Bosch GmbH
10.2.1. Company details
10.2.2. Financial outlook
10.2.3. Product summary
10.2.4. Recent developments
10.3. Danfoss
10.3.1. Company details
10.3.2. Financial outlook
10.3.3. Product summary
10.3.4. Recent developments
10.4. Emersion Electric Co.
10.4.1. Company details
10.4.2. Financial outlook
10.4.3. Product summary
10.4.4. Recent developments
10.5. ESI Heating and Cooling
10.5.1. Company details
10.5.2. Financial outlook
10.5.3. Product summary
10.5.4. Recent developments
10.6. Honeywell International Inc.
10.6.1. Company details
10.6.2. Financial outlook
10.6.3. Product summary
10.6.4. Recent developments
10.7. Hurlcon Hydronic Heating
10.7.1. Company details
10.7.2. Financial outlook
10.7.3. Product summary
10.7.4. Recent developments
10.8. Janes Radiant
10.8.1. Company details
10.8.2. Financial outlook
10.8.3. Product summary
10.8.4. Recent developments
10.9. Mitsubishi Electric Corporation
10.9.1. Company details
10.9.2. Financial outlook
10.9.3. Product summary
10.9.4. Recent developments
10.10. Pentair plc.
10.10.1. Company details
10.10.2. Financial outlook
10.10.3. Product summary
10.10.4. Recent developments
10.11. Polypipe
10.11.1. Company details
10.11.2. Financial outlook
10.11.3. Product summary
10.11.4. Recent developments
10.12. Robert Bosch GmbH
10.12.1. Company details
10.12.2. Financial outlook
10.12.3. Product summary
10.12.4. Recent developments
10.13. Schneider Electric
10.13.1. Company details
10.13.2. Financial outlook
10.13.3. Product summary
10.13.4. Recent developments
10.14. Schlüter-Systems Ltd.
10.14.1. Company details
10.14.2. Financial outlook
10.14.3. Product summary
10.14.4. Recent developments
10.15. SALUS North America
10.15.1. Company details
10.15.2. Financial outlook
10.15.3. Product summary
10.15.4. Recent developments
10.16. Siemens AG
10.16.1. Company details
10.16.2. Financial outlook
10.16.3. Product summary
10.16.4. Recent developments
10.17. Uponor Corporation
10.17.1. Company details
10.17.2. Financial outlook
10.17.3. Product summary
10.17.4. Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
