Underfloor Heating Market 2020: Industry Analysis, Size, Share, Growth by 2026

Underfloor Heating Market 2020: Industry Analysis, Size, Share, Growth by 2026

eTurboNews Syndication:

Selbyville, Delaware, United States, September 11 2020 (Wiredrelease) Global Market Insights, Inc –:The rising demands for reliable and efficient heating systems are expected to have a perpetual effect on underfloor heating market share, owing to its profitability landscape. Alongside, there have been a plethora of stringent regulatory compliances emphasizing on green building construction as well as the technological advancements combined with general R&D, that have fostered underfloor heating market trends.

Further, the initiatives undertaken by the manufacturers on the introduction of sustainable electric and hydronic variants have supplemented the industry outlook. According to reports by U.S Bureau of economic analysis, in FY 2018, the US household disposable income was recorded at over USD 16,198, which was over USD 733 higher than that recorded in 2017. The aforementioned statistics provide a clear scenario of the rising trend of installing energy efficient heating systems.

A paradigm shift towards the clean energy technologies alongside extreme weather conditions is likely to enhance the global underfloor heating market size, propelling the industry to chart a lucrative roadmap in the projected time period.

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Mounting product demands on account of comfortable heating and virtually invisible deployment will augment the application in various commercial, residential and the industrial sectors. The global underfloor heating market size has been flourishing substantially over the recent years owing to the ongoing expansion of the commercial as well as the residential properties.

The elevating pollution has resulted in the enforcement of several building regulations, mandating the installation of low emission heating systems in the residential as well as commercial sectors.

Massive underfloor heating systems deployment in residential sectors

The growth of residential sector of underfloor heating market can be aptly credited to the exponentially rising rates of energy consumption and heating systems among the masses.

Escalating population and extreme climate call for an urgent need of underfloor heating system deployment in the residential sector accounting to the substantial drop in installation time and cost. Additionally, the increasing household heating demand with widespread deployment across kitchen and bathroom spaces would foster the business dynamics.

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Robust demand from commercial sector

In parallel with the residential sector, the commercial segment is likely to develop as a lucrative growth ground for underfloor heating market.

The extensive demand for the heating systems from various commercial sectors such as the healthcare, educational institutions, offices, retail, logistics and transportation are predicted to provide significant impetus to the overall electric underfloor heating market outlook.

Low carbon emission demand from industrial sector

Due to higher amounts of carbon emissions released out of the factories and manufacturing facilities on account of the traditional heating systems, the sector calls for a system which can lower down the emission whilst providing energy efficiency to the industries worldwide. 

According to reports, in the span of over 5 years from 2005 to 2010, the carbon emissions from the industrial sector have grown at a considerable percentage, specifically across the Asian continent.

Reportedly, an underfloor heating system operates in a similar manner as the conventional radiator heating system. The radiators are placed inside the room with the hot water running through the pipes cast in the foundation under the floor that eventually heat up the larger floor area alongside reducing the harmful greenhouse gas emissions from the industries.

Considering the massive penetration of these systems globally, the competitive landscape of underfloor heating market is obvious to be dynamic. In a bid to sustain the market position, the industry players, such as Uponor, Siemens, Danfoss, Honeywell, and others, are anticipated to adopt numerous strategies and reforms as their key growth strategies.

Table of contents for this research [email protected] https://www.gminsights.com/toc/detail/underfloor-heating-market

Report Content

Chapter 1    Methodology & Scope

1.1    Methodology

1.2    Market definitions

1.3    Market estimates & forecast parameters

1.3.1    COVID -19 impact on market outlook

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary    Paid sources    Public sources

Chapter 2    Executive Summary

2.1    Underfloor heating market 3600 synopsis, 2015 – 2026

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Facility trends

2.1.4    Application trends

2.1.5    Regional trends

Chapter 3    Underfloor Heating Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2015 – 2026

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.4    Innovation & sustainability

3.4.1    Danfoss

3.4.2    Baxi

3.4.3    Robert Bosch GmbH

3.4.4    Uponor

3.4.5    Warmup

3.4.6    Honeywell Elster

3.5    Electric vs hydronic underfloor heating

3.5.1    Electric underfloor heating

3.5.2    Hydronic underfloor heating

3.6    Regulatory landscape

3.6.1    North America    U.S.    Federal Energy Management Program    Building Energy Codes    Green Building Codes   The International Code Council (ICC)   ASHRAE Standard 189.1    Utility Rebates and Incentive Programs    New California Building Efficiency Standards    Canada    National Energy Code

3.6.2    Europe    The Heating & Cooling Strategy    Key Laws    Energy Efficiency Plan 2011    Specific measures and policies    Energy efficiency policies    Energy efficiency progress    DIRECTIVE (EU) 2018/844    Energy Efficiency Labels    Germany    German Energy Saving Ordinance (EnEV)    Spain    The Nordic Countries    Sweden    Finland    Denmark    Norway

3.6.3    Asia Pacific    China

3.7    COVID – 19 impact on the overall industry outlook, 2020 – 2026

3.7.1    Optimistic view

3.7.2    Realistic view

3.7.3    Pessimistic view

3.8    Industry impact forces

3.8.1    Growth drivers    Introduction of energy efficiency standards    Increasing standard of living    Strict government regulations    Extreme climatic conditions    Increasing demand for space heating

3.8.2    Industry pitfalls & challenges    High upfront cost

3.9    Growth potential analysis

3.10    Porter’s analysis

3.11    Competitive landscape, 2019

3.11.1    Strategy dashboard    Danfoss    Schneider Electric    Honeywell    Warmup    Robert Bosch    Uponor    REHAU

3.12    PESTEL Analysis

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