Market Overview:
The Global Underfloor Heating Market was valued at USD 2.68 billion in 2016 and is projected to reach USD 3.92 billion by 2025, growing at a CAGR of 4.31% from 2017 to 2025.
Underfloor Heating is a form of heating system that is placed under the floor of a building which achieves indoor climate control for thermal comfort using conduction, radiation and convection. There are several benefits of underfloor heating system that includes - easy to install, less costly, child-friendly, no maintenance, fast working, simple energy efficiency, more hygienic, provides flexibility in room temperature, ideal for open space living, and is eco-friendly.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 High comfort and flexibility
1.2 Increasing tax credit programs by government
1.3 Increasing cost of skilled labor and retrofitting installation
1.4 Rising awareness about the benefits of underfloor heating
1.5 Growing automation in commercial, industrial, and residential sector
1.6 Rising energy and environment concerns
2. Market Restraints
2.1 Complexity in designing of underfloor heating systems
2.2 Slow response time for underfloor heating
Market Segmentation:
The Global Underfloor Heating Market is segmented on the type, component, installation, application, and region.
1. Type:
1.1 Hydronic Underfloor Heating System
1.2 Electric Underfloor Heating System
2. By Component:
2.1 Hydronic Underfloor Heating Component
2.1.1 Manifolds
2.1.2 Sensor and Thermostat
2.1.3 Heating Pipes
2.2 Electric Underfloor Heating Component
2.2.1 Heating Mats
2.2.2 Sensors and Thermostat
2.2.3 Heating Cables
3. By Installation:
3.1 New Installation
3.2 Retrofit
4. By Application:
4.1 Healthcare
4.2 Education
4.3 Commercial
4.4 Entertainment
4.5 Residential
4.6 Industrial
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Danfoss A/S
2. Pentair PLC
3. Honeywell International PLC
4. Schneider Electric SE
5. Nexans S.A.
6. Uponor Corporation
7. Emerson Electric Co.
8. Robert Bosch GmbH
9. Mitsubishi Electric Corporation
10. Siemens AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Underfloor Heating Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL UNDERFLOOR HEATING MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL UNDERFLOOR HEATING MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL UNDERFLOOR HEATING MARKET , BY TYPE
5.1 Overview
5.2 Hydronic Underfloor Heating System
5.3 Electric Underfloor Heating System
6 GLOBAL UNDERFLOOR HEATING MARKET , BY COMPONENT
6.1 Overview
6.2 Hydronic Underfloor Heating Component
6.2.1 Manifolds
6.2.2 Sensor and Thermostat
6.2.3 Heating Pipes
6.3 Electric Underfloor Heating Component
6.3.1 Heating Mats
6.3.2 Sensors and Thermostat
6.3.3 Heating Cables
7 GLOBAL UNDERFLOOR HEATING MARKET , BY INSTALLATION
7.1 Overview
7.2 New Installation
7.3 Retrofit
8 GLOBAL UNDERFLOOR HEATING MARKET , BY APPLICATION
8.1 Overview
8.2 Healthcare
8.3 Education
8.4 Commercial
8.5 Entertainment
8.6 Residential
8.7 Industrial
9 GLOBAL UNDERFLOOR HEATING MARKET , BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL UNDERFLOOR HEATING MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Danfoss A/S
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Pentair PLC
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Honeywell International PLC
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Schneider Electric SE
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Nexans S.A.
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Uponor Corporation
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Emerson Electric Co.
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Robert Bosch GmbH
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Mitsubishi Electric Corporation
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Siemens AG
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
12 Appendix
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