Global Underfloor Heating Market Industry analysis, size, Dynamics, Forecast 2020 by SMR
The underfloor heating market is segmented on the basis of type, application and region. Underfloor heating is the central heating system for temperature and uses radiation, convection and conduction.
Underfloor heating is the central heating system for temperature and uses radiation, convection and conduction. The system utilize the radiant heating technique in which heat is passed from wall, floor, overhead panel, results into warming the room rather than heating the air. Radiators are replaced by the under floor heating, consequently maintains the interior temperature for comfort. Under floor heating is widely adopted by residential and commercial sector.
The report provides a comprehensive view on the underfloor heating market. We have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the underfloor heating market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
Surging well equipped residential techniques such as insulation drives the underfloor heating market. Increase in demand for luxury and comfort triggers the market growth. Furthermore rising awareness for renewable technology and energy efficient is expected to witness substantial growth over the next few years. However, sluggish response time for heating up, is expected to impede the growth of underfloor heating market. Nevertheless, growing residential sector is expected to open growth opportunities for the underfloor heating market in the near future.
The underfloor heating market is segmented on the basis of type, application and region. Electric underfloor heating systems and hydronic underfloor heating systems are the types of underfloor heating system. Hydronic UFH systems emerged as dominant segment owing to compatibility with different heating devices such as solar power, heat pumps and biomass boilers. Electric underfloor heating segment is projected to have moderate growth during the estimated period due to its superior capabilities including flexible heating, easy installation and non corrosive nature. Residential, industrial and commercial among others are the key applications for underfloor heating market. Residential segment is witnessing an unprecedented boom in recent times.
Geographically, underfloor heating market has been segmented into North America. Middle East, Asia, Africa, Latin America further divergence of region on the country level, which include U.S., Germany, UK, France, China, Japan and India. North America is expected to witness decent growth within the forecast period. South Korea projected to have moderate growth during the estimated period.
Some of the key participants of underfloor heating market includes Schneider Electric SE, Pentair PLC, Honeywell International Inc., Uponor Corporation, Danfoss A/S, Nexans S.A., Robert Bosch, Emerson Electric Co. and Mitsubishi Electric among others.
The report segments of the underfloor heating market into:
Underfloor Heating Market: Type Segment Analysis
- Electric underfloor heating systems
- Hydronic underfloor heating systems
Underfloor Heating Market: Application Segment Analysis
Underfloor Heating Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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