Best Prospects in the Global Underfloor Heating Market and Strategies for Growth – Includes Underfloor Heating Market Share
The Business Research Company’s report goes into great detail on the underfloor heating market size and growth, underfloor heating market regional analysis, underfloor heating market competitive landscape, and other critical information needed to excel in the underfloor heating industry.
Major players in the underfloor heating market include Siemens AG, Mitsubishi Electric Corporation, Pentair plc, Emersion Electric Co, Honeywell International Inc., Uponor Corporation Amuheat, Robert Bosch GmbH, Danfoss, Schneider Electric, Uponor Corporation, Schlüter-Systems Ltd., Polypipe, SALUS North America, Hurlcon Hydronic Heating, Amuheat, ESI Heating and Cooling, and Janes Radiant.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global underfloor heating market size is expected to grow from $4.66 billion in 2021 to $5.08 billion in 2022 at a compound annual growth rate (CAGR) of 9.15%. The global underfloor heating market size is expected to reach $6.67 billion in 2026 at a CAGR of 7.03%.
Western Europe was the largest region in the underfloor heating market in 2021.
The underfloor heating market consists of sales of underfloor heating systems by entities (organizations, sole traders, and partnerships) that refer to systems that warm the floor or act as a primary heat source. The different types of underfloor heating systems include hydronic underfloor heating, electric underfloor heating, heating cables, heating mats, and others. Underfloor heating works by distributing a lower temperature of warm water through a circuit of pipes under the finished floor. Heat is then monitored and controlled by intelligent thermostats to maintain a consistent temperature throughout the property or individual zones. The underfloor heating systems are used by the industries, residential, commercials, and other entities.
Strong government support and incentives toward the adoption of underfloor heating solutions are driving the underfloor heating market.
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Strategic partnerships between companies are a recent trend that is gaining popularity in the underfloor heating market. Companies in the underfloor heating market are entering into a strategic collaboration with technology players for the development of technologically advanced underfloor heating products with innovative features.
TBRC’s Global Underfloor Heating Market Report Is Segmented:
By Type: Hydronic Underfloor Heating, Electric Underfloor Heating
By Installation: New installations, Retrofit installations
By Application: Residential, Commercial, Institutional
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Underfloor Heating Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the underfloor heating market globally and regionally, analyzes and forecasts market size, share, underfloor heating market players, underfloor heating market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
Warm Air Heating Equipment Global Market Report 2022
Dehumidifiers Global Market Report 2022
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