Underfloor Heating Global Market Report 2024

Global Underfloor Heating Market Report 2024

Underfloor Heating Global Market Report 2024 – By Type (Hydronic Underfloor Heating, Electric Underfloor Heating), By Installation (New installations, Retrofit installations), By Application (Residential, Commercial, Institutional) – Market Size, Trends, And Global Forecast 2024-2033

Name: Underfloor Heating Global Market Report 2024
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Underfloor Heating Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Underfloor Heating Market Definition

The underfloor heating are systems that are used to warm the floor or act as a primary heat source. Underfloor heating works by distributing a lower temperature of warm water through a circuit of pipes under the finished floor. Intelligent thermostats then monitor and control the heat to maintain a consistent temperature throughout the property or individual zones.

The main types of underfloor heating are hydronic underfloor heating and electric underfloor heating. A hydronic underfloor heating system consists of a network of pipes running beneath the floor with hot water heated by a boiler flowing through the pipes to heat the substrate and, as a result, the room. Heating cables are used for the comfortable radiant heating of new or refurbished commercial buildings. The installations are of two types: new installations and retrofit installations. Underfloor heating is used in residential, commercial, institutional, and industrial areas.

Underfloor Heating Market Segmentation

The underfloor heating market covered in this report is segmented –

1) By Type: Hydronic Underfloor Heating, Electric Underfloor Heating

2) By Installation: New installations, Retrofit installations

3) By Application: Residential, Commercial, Institutional

Global Underfloor Heating Market Size 2023 to 2028: Graph

Underfloor Heating Market Size 2024 And Growth Rate

The underfloor heating market size has grown strongly in recent years. It will grow from $5.16 billion in 2023 to $5.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to energy efficiency trends, comfort and aesthetic appeal, residential construction boom, renovation and retrofitting, awareness of health benefits.

Underfloor Heating Market Growth Forecast

The underfloor heating market size is expected to see strong growth in the next few years. It will grow to $6.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to sustainable construction practices, smart home integration, commercial building adoption, government incentives, advancements in system design. Major trends in the forecast period include integration with renewable energy sources, retrofitting in existing structures, customization and design flexibility, regulatory push for energy-efficient buildings, increasing affordability and accessibility.

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Underfloor Heating Market Driver: Government Support Fuels Growth In The Underfloor Heating Solutions Market

Strong government support and incentives toward the adoption of underfloor heating solutions are driving the market. Government institutions across the globe are providing grants and incentives for the upgrade of existing heating systems and the adoption of renewable-source based heating systems. For instance, in July 2021, the UK government launched The Green Homes Grant, which offers a financial grant of GBP 5,000 or GBP 10,000 to low-income households in the UK that covers labor and materials costs associated with the installation of heating improvement systems in 2020 closed on March 2021. These initiatives or grant schemes by governments are expected to boost the underfloor heating solutions market during the forecast period.

Underfloor Heating Market Driver: Construction Boom Fuels Underfloor Heating Market Growth

Increasing demand for construction activities is expected to propel the growth of the underfloor heating market going forward. Construction refers to the process of assembling numerous materials to form a structure for a particular location, utilizing a comprehensive design and blueprint. Construction activities use underfloor heating systems due to their ability to provide efficient, uniform, and energy-saving warmth, enhance occupant comfort, and align with growing preferences for sustainable and innovative heating solutions in modern building designs. For instance, in April 2023, according to the reports shared by the United States Census Bureau, a US-based government agency, the overall value of residential and non-residential constructions in US increased by over 8 % between 2020 and 2021. Therefore, an increasing demand for construction activities is driving the growth of the underfloor heating market.

Global Underfloor Heating Market Major Players

Major companies operating in the underfloor heating market report are Robert Bosch GmbH, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., SALUS North America Inc., Rehau Ltd., Emerson Electric Co, Danfoss Group, Nexans S.A., Resideo Technologies Inc., Pentair plc, nVent Electric Plc, Raychem Corporation, Uponor Corporation Amuheat, Wavin N.V., Polypipe Group plc, ESI Heating and Cooling, Warmup Inc., Schlüter-Systems Ltd., Hurlcon Hydronic Heating, Flexel International Ltd., Warmtech Pty Ltd., ThermoSoft International Corporation, Ebeco AB, Heat Mat Ltd., Heatmiser UK Ltd., Gaia Climate Solutions Ltd., Amuheat, H2O Heating Pty Ltd., WarmlyYours.com Inc., Speedheat US LLC, Devex Systems

Global Underfloor Heating Market Trend: Strategic Partnerships Drive Innovation In The Underfloor Heating Market

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. For instance, in August 2022, nVent Electric plc, a Canada-based provider of electric radiant floor heating solutions, entered into a strategic collaboration with MAPEI to introduce the mapeheat electrical underfloor heating products in the UK flooring and tiling industry. The Mapeheat system is designed for commercial and residential applications, providing a reliable and efficient heating solution for various environments.

Global Underfloor Heating Market Trend: Innovation With Energy-Efficient Mapeheat Underfloor Electric Heating System

Major companies operating in the underfloor heating market are focusing on innovative products, such as underfloor electric heating systems, to offer a rapid-fit, energy-saving underfloor electric heating solution. An underfloor electric heating system is a type of heating system installed beneath the floor covering. For instance, in September 2022, Mapei S.p.A., an Italy-based building chemicals company, launched the Mapeheat underfloor electric heating system, designed for commercial and residential use. The system is designed for quick installation and energy-saving benefits, making it suitable for various environments. The patented membrane is a lightweight, waterproof membrane that prevents substrate cracks and eliminates the need for a second layer of plywood or concrete backer board. The Mapeheat Cable is a free-form, twin-coil floor heating cable that provides comfortable radiant heat.

Underfloor Heating Market Merger And Acquisition:

Polypipe Group Strengthens Global Presence With Nu-Heat Acquisition

In February 2021, Polypipe Group, an Italy-based manufacturer of plastic pipes and heating solutions, acquired Nu-Heat for $27 million. With this acquisition, Polypipe is focusing on broadening its market reach in climate management solutions across the globe. Nu-Heat is a UK-based provider of underfloor heating solutions.

Regional Insights For The Global Underfloor Heating Market

Western Europe was the largest region in the underfloor heating market share in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the underfloor heating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the underfloor heating market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The underfloor heating market consists of sales of different types of underfloor heating systems include hydronic underfloor heating, electric underfloor heating, heating cables, and heating mats. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The underfloor heating market research report is one of a series of new reports from The Business Research Company that provides underfloor heating market statistics, including underfloor heating industry global market size, regional shares, competitors with an underfloor heating market share, detailed underfloor heating market segments, market trends and opportunities, and any further data you may need to thrive in the underfloor heating industry. This underfloor heating market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Underfloor Heating Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$5.42 billion
Revenue Forecast In 2033	$6.81 billion
Growth Rate	CAGR of 5.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Hydronic Underfloor Heating, Electric Underfloor Heating 2) By Installation: New installations, Retrofit installations 3) By Application: Residential, Commercial, Institutional
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Robert Bosch GmbH; Siemens AG; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; SALUS North America Inc.; Rehau Ltd.; Emerson Electric Co; Danfoss Group; Nexans S.A.; Resideo Technologies Inc.; Pentair plc; nVent Electric Plc; Raychem Corporation; Uponor Corporation Amuheat; Wavin N.V.; Polypipe Group plc; ESI Heating and Cooling; Warmup Inc.; Schlüter-Systems Ltd.; Hurlcon Hydronic Heating; Flexel International Ltd.; Warmtech Pty Ltd.; ThermoSoft International Corporation; Ebeco AB; Heat Mat Ltd.; Heatmiser UK Ltd.; Gaia Climate Solutions Ltd.; Amuheat; H2O Heating Pty Ltd.; WarmlyYours.com Inc.; Speedheat US LLC; Devex Systems
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Underfloor Heating Market Characteristics

3. Underfloor Heating Market Trends And Strategies

4. Underfloor Heating Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Underfloor Heating Market Size and Growth

5.1. Global Underfloor Heating Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Underfloor Heating Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Underfloor Heating Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Underfloor Heating Market Segmentation

6.1. Global Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hydronic Underfloor Heating

Electric Underfloor Heating

6.2. Global Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

New installations

Retrofit installations

6.3. Global Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Residential

Commercial

Institutional

7. Underfloor Heating Market Regional And Country Analysis

7.1. Global Underfloor Heating Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Underfloor Heating Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Underfloor Heating Market

8.1. Asia-Pacific Underfloor Heating Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Underfloor Heating Market

9.1. China Underfloor Heating Market Overview

9.2. China Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Underfloor Heating Market

10.1. India Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Underfloor Heating Market

11.1. Japan Underfloor Heating Market Overview

11.2. Japan Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Underfloor Heating Market

12.1. Australia Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Underfloor Heating Market

13.1. Indonesia Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Underfloor Heating Market

14.1. South Korea Underfloor Heating Market Overview

14.2. South Korea Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Underfloor Heating Market

15.1. Western Europe Underfloor Heating Market Overview

15.2. Western Europe Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Underfloor Heating Market

16.1. UK Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Underfloor Heating Market

17.1. Germany Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Underfloor Heating Market

18.1. France Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Underfloor Heating Market

19.1. Italy Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Underfloor Heating Market

20.1. Spain Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Underfloor Heating Market

21.1. Eastern Europe Underfloor Heating Market Overview

21.2. Eastern Europe Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Underfloor Heating Market

22.1. Russia Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Underfloor Heating Market

23.1. North America Underfloor Heating Market Overview

23.2. North America Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Underfloor Heating Market

24.1. USA Underfloor Heating Market Overview

24.2. USA Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Underfloor Heating Market

25.1. Canada Underfloor Heating Market Overview

25.2. Canada Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Underfloor Heating Market

26.1. South America Underfloor Heating Market Overview

26.2. South America Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Underfloor Heating Market

27.1. Brazil Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Underfloor Heating Market

28.1. Middle East Underfloor Heating Market Overview

28.2. Middle East Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Underfloor Heating Market

29.1. Africa Underfloor Heating Market Overview

29.2. Africa Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Underfloor Heating Market Competitive Landscape And Company Profiles

30.1. Underfloor Heating Market Competitive Landscape

30.2. Underfloor Heating Market Company Profiles

30.2.1. Robert Bosch GmbH

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Mitsubishi Electric Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Schneider Electric SE

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Honeywell International Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Underfloor Heating Market Other Major And Innovative Companies

31.1. SALUS North America Inc.

31.2. Rehau Ltd.

31.3. Emerson Electric Co

31.4. Danfoss Group

31.5. Nexans S.A.

31.6. Resideo Technologies Inc.

31.7. Pentair plc

31.8. nVent Electric Plc

31.9. Raychem Corporation

31.10. Uponor Corporation Amuheat

31.11. Wavin N.V.

31.12. Polypipe Group plc

31.13. ESI Heating and Cooling

31.14. Warmup Inc.

31.15. Schlüter-Systems Ltd.

32. Global Underfloor Heating Market Competitive Benchmarking

33. Global Underfloor Heating Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Underfloor Heating Market

35. Underfloor Heating Market Future Outlook and Potential Analysis

35.1 Underfloor Heating Market In 2028 - Countries Offering Most New Opportunities

35.2 Underfloor Heating Market In 2028 - Segments Offering Most New Opportunities

35.3 Underfloor Heating Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Underfloor Heating Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Underfloor Heating Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Robert Bosch GmbH Financial Performance

Table 75: Siemens AG Financial Performance

Table 76: Mitsubishi Electric Corporation Financial Performance

Table 77: Schneider Electric SE Financial Performance

Table 78: Honeywell International Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Underfloor Heating Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Underfloor Heating Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Underfloor Heating Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Underfloor Heating Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Underfloor Heating Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Robert Bosch GmbH Financial Performance

Figure 75: Siemens AG Financial Performance

Figure 76: Mitsubishi Electric Corporation Financial Performance

Figure 77: Schneider Electric SE Financial Performance

Figure 78: Honeywell International Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the underfloor heating market?

How will the underfloor heating market drivers and restraints affect the underfloor heating market dynamics? What forces will shape the underfloor heating industry going forward?

The underfloor heating market major growth driver - government support fuels growth in the underfloor heating solutions market. For further insights on the underfloor heating market, request a sample here

What is the forecast market size or the forecast market value of the underfloor heating market ?

The underfloor heating market size has grown strongly in recent years. It will grow from $5.16 billion in 2023 to $5.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to energy efficiency trends, comfort and aesthetic appeal, residential construction boom, renovation and retrofitting, awareness of health benefits. The underfloor heating market size is expected to see strong growth in the next few years. It will grow to $6.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to sustainable construction practices, smart home integration, commercial building adoption, government incentives, advancements in system design. Major trends in the forecast period include integration with renewable energy sources, retrofitting in existing structures, customization and design flexibility, regulatory push for energy-efficient buildings, increasing affordability and accessibility. For further insights on the underfloor heating market, request a sample here

How is the underfloor heating market segmented?

The underfloor heating market is segmented
1) By Type: Hydronic Underfloor Heating, Electric Underfloor Heating
2) By Installation: New installations, Retrofit installations
3) By Application: Residential, Commercial, InstitutionalFor further insights on the underfloor heating market, request a sample here

Which region has the largest share of the underfloor heating market? What are the other regions covered in the report?

Western Europe was the largest region in the underfloor heating market share in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the underfloor heating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the underfloor heating market, request a sample here.

Who are the major players in the underfloor heating market?

What are the key trends in the underfloor heating market?

Major trend in the underfloor heating market - innovation with energy-efficient mapeheat underfloor electric heating system. For further insights on the underfloor heating market, request a sample here.

What are the major opportunities in the underfloor heating market? What are the strategies for the underfloor heating market?

For detailed insights on the major opportunities and strategies in the underfloor heating market, request a sample here.

How does the underfloor heating market relate to the overall economy and other similar markets?

For detailed insights on underfloor heating market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the underfloor heating industry?

For detailed insights on the mergers and acquisitions in the underfloor heating industry, request a sample here.

What are the key dynamics influencing the underfloor heating market growth? SWOT analysis of the underfloor heating market.

For detailed insights on the key dynamics influencing the underfloor heating market growth and SWOT analysis of the underfloor heating industry, request a sample here.