Underfloor Heating Market – Industry Trends

Global Underfloor Heating Market, By Components {Electric System Components (Heating Cables, Sensor and Thermostat, Heating Mats) Hydronic system components (Heating Pipes, Manifolds, Sensor and Thermostat}; Type (Hydronic Underfloor Heating Systems, Electric Underfloor Heating systems); Application{Residential(Single-Family Houses, Apartments), Commercial (Retail, Transportation and Logistics, Hospitality), Healthcare, Entertainment, Industrial Sector, Others)}; Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.

Definition: Underfloor Heating

Underfloor heating is a type of heating which is used for accomplishing the indoor atmosphere control for warm solace utilizing conduction, radiation and convection. The term radiant heating are generally used to portray underfloor heating approach since radiation is in charge of a huge part of the subsequent thermal comfort yet this use is in fact remedy just when radiation makes over half out of the heat exchange between the floor and the rest of space.
 Market Drivers and Restraints:
  • Increasing Construction Activities Boost the Demand for Underfloor Heating Systems
  • Increasing Awareness about the Benefits of Underfloor Heating
  • Tax Credit Programs by Government
  • Increasing Automation in Commercial, Industrial, and Residential Sector
  • Increasing Awareness about Energy Efficiency and Renewable Energy Technology 
  • Growing Quality Of New Building Techniques such as Insulation And Controls

Market Analysis:

The Global Underfloor Heating Market accounted to USD 2.7 billion in 2016 growing at a CAGR of 8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Segmentation: Underfloor Heating Market

On the basis of type, the global underfloor heating market is segmented into hydronic underfloor heating systems and electric underfloor heating systems market is expected to grow in the forecasted period.
On the basis of components, the global underfloor heating market is segmented into electric system components market. The hydronic system components are expected to grow in the forecasted period.
The electric system components are further segmented into heating cables, sensor and thermostat, heating mats. The heating cables are expected to grow in the forecast period.
The hydronic system components are further segmented into heating pipes, manifolds, sensor and thermostat. The heating pipes market is expected to grow in the forecasted period.
Major players operating in global underfloor heating Market
Uponor Corporation, Danfoss A/S, Emersion Electric Co, Pentair PLC, Robert Bosch GmbH, Honeywell International Inc., Mitsubushi Motor Corporation, Schneider Electric SE, Siemens AG, Nexans S.A, Incognito Heat Co., Myheat Electric, Rayotec Ltd., Robot Underfloor Heating, Uhea,, Warmup, Toshiba Corporation, Speedheat Underfloor Heating, Solfex Ltd., Demotek, Rehau, Project Heating Co. Ltd., Jupiter Underfloor Heating, Flexel,  and Underfloor Heating Company .
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Email : sopan.gedam@ databridgemarketresearch.com

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