Underfloor Heating Market by Hydronic (Pipes, Thermostats, Thermal Actuators, Zone Valves), Electric (Cables & Mats), Subsystem (Heating & Control System), Offering (Hardware, Service), Installation (New & Retrofit), Application - Global Forecast to 2028
[210 Pages Report] The global Underfloor heating market is expected to grow from USD 5.1 billion in 2023 to USD 7.4 billion by 2028, registering a CAGR of 7.5%. The growth of underfloor heating can be attributed to its energy efficiency, comfort, design flexibility, zoning capabilities, enhanced indoor air quality, technological advancements, environmental sustainability, and retrofitting possibilities. These factors have collectively driven the widespread adoption of underfloor heating in residential and commercial settings.
Underfloor Heating Market Forecast to 2028
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Market Dynamics
Driver: Stringent building codes
Underfloor heating systems are more prevalent in cold regions, which require constant heating to maintain the room temperature. The increasing demand for underfloor heating systems can be attributed to the growing concerns regarding the energy efficiency of heating systems and the global environment. Developed nations, such as the UK, Germany, Canada, and the US, are moving toward a low-carbon economy and have introduced stringent building regulations concerning the efficiency of the building structure and the use of energy within the building.
Restraint: High installation cost of Underfloor heating
The higher initial installation costs of underfloor heating systems compared to traditional heating methods can impede their growth and adoption. Specialized materials, complex installation processes, and potential maintenance expenses contribute to the overall cost. Underfloor heating systems require specific components like heating cables or pipes, insulation materials, and control systems designed for efficiency and durability but can be pricier than standard heating equipment. The installation is more intricate and time-consuming, requiring skilled professionals and adding to the costs. Maintenance and repair expenses may also arise, especially if specialized technicians are needed. This cost factor may deter budget-conscious customers, who may opt for more affordable heating alternatives like radiators or forced-air systems. To address this restraint, industry stakeholders should focus on cost optimization strategies. Exploring cost-effective materials, streamlining installation processes, and emphasizing the long-term energy-saving benefits can help justify the initial investment. Incentives, subsidies, or financing options can make underfloor heating more accessible and affordable. By mitigating the cost barrier, the underfloor heating market can expand its customer base and foster greater adoption in residential and commercial sectors.
Opportunity: IoT-enabled underfloor heating systems
An IoT-enabled underfloor heating system integrates Internet of Things (IoT) technology into underfloor heating systems. IoT enables users to remotely control and monitor their underfloor heating systems through smartphones, tablets, or other devices. This allows convenient access to temperature settings, scheduling, and real-time energy usage monitoring. Smart Thermostats and Sensors: IoT integration allows using smart thermostats and sensors that collect real-time temperature, humidity, and occupancy data. These devices provide accurate feedback and enable intelligent heating control based on user preferences and environmental conditions. With IoT-enabled underfloor heating, energy optimization is possible through advanced algorithms that analyze data and adjust heating output accordingly. This helps in reducing energy wastage and optimizing energy efficiency. IoT-enabled underfloor heating systems can be seamlessly integrated into broader home automation ecosystems. They can communicate and coordinate with other smart devices, such as smart lighting or blinds, to create a more interconnected and automated home environment. IoT technology allows for collecting and analyzing data from underfloor heating systems.
Challenge: Limited size and shape capabilities of Underfloor heating
During the installation of underfloor heating systems, various floor and setup challenges can arise, impacting the system’s efficiency and effectiveness. Compatibility with different flooring materials is crucial as certain types, like thick carpets or specific wood varieties, may hinder heat transfer or necessitate additional insulation. Subfloor preparation is vital to ensure even heat distribution, as uneven or damaged subfloors can create hotspots or cold areas. Attention to design considerations, such as room size, shape, and insulation, is necessary to achieve optimal performance and avoid inconsistent heating caused by poor system design or inadequate coverage. Integrating underfloor heating into existing buildings presents challenges, requiring modifications and careful planning to harmonize with the plumbing or electrical systems without disruptions.
Underfloor heating Market Ecosystem
Component suppliers and system integrators have witnessed a decline in production activities. Consequently, OEMs have needed more essential components. The figure below shows the Underfloor heating ecosystem.
Services segment to grow at highest CAGR in the forecast period 2023-2028
Underfloor heating services encompass installation, maintenance, repair, retrofitting, and energy efficiency consultation. As underfloor heating grows, the demand for these services has increased. Professionals in the industry are expanding their offerings to meet the growing needs of customers seeking efficient and comfortable heating solutions.
Electric underfloor heating segment to grow at highest CAGR in the forecast period 2023-2028.
The sales of electric underfloor heating have experienced substantial growth in recent years. This can be attributed to increased energy efficiency, technological advancements, retrofitting opportunities, design flexibility, enhanced comfort and convenience, and growing consumer awareness. These factors have contributed to the rising demand for electric underfloor heating systems in residential and commercial markets.
Residential application is expected to register highest CAGR during the forecast period
The growth of underfloor heating in residential applications can be attributed to its comfort, energy efficiency, design flexibility, zoning capabilities, compatibility with different flooring types, improved indoor air quality, and integration with smart home technology. These factors have driven its rising popularity among homeowners who prioritize a comfortable, energy-efficient, and customizable home heating solution.
Underfloor Heating Market by Region
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Europe to grow at highest CAGR during the forecast period
The growth of underfloor heating in Europe can be attributed to its energy efficiency, comfort, retrofitting flexibility, integration with renewable energy sources, compliance with building standards, technological advancements, and government support. These factors have collectively driven the widespread adoption of underfloor heating as the preferred heating solution in European residential and commercial applications. The major markets in Europe are UK and Germany. The UK has high growth potential for Underfloor heating products and service providers and is also the fastest-growing market in Europe. The leading players in the Underfloor heating market in Europe are Uponor Corporation (Finland), Resideo Technologies Inc. (US), nVent Electric Plc (UK).
Key Market Players
The Underfloor Heating Companis players have implemented various organic and inorganic growth strategies, such as product launches, collaborations, partnerships, and acquisitions, to strengthen their offerings in the market. The major players in the market are Uponor Corporation (Finland), Resideo Technologies Inc. (US), nVent Electric Plc (UK), Warmup (UK), Rehau Ltd (Switzerland), Emerson Electric Co. (US), Robert Bosch Gmbh (Germany), Danfoss (Denmark), Mitsubishi Electric Corporation (Japan), Siemens Ag (Germany), Schneider Electric (France), Incognito Heat Co. (Scotland).
The study includes an in-depth competitive analysis of these key players in the Underfloor heating market with their company profiles, recent developments, and key market strategies.
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- Latest News, Updates & Trend analysis
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Report Metric |
Details |
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Years Considered |
2019–2028 |
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Base Year Considered |
2022 |
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Forecast Period |
2023–2028 |
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Forecast Units |
Value (USD Million/Billion) |
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Segments Covered |
Offerings, By product type and component, Installation type, application, and Region |
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Regions Covered |
North America, Asia Pacific, Europe, and the Rest of the World |
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Companies Covered |
Uponor Corporation (Finland), Resideo Technologies Inc. (US), nVent Electric Plc (UK), Warmup (UK), Rehau Ltd (Switzerland), Emerson Electric Co. (US), Robert Bosch Gmbh (Germany), Danfoss (Denmark), Mitsubishi Electric Corporation (Japan), Siemens Ag (Germany), Schneider Electric (France), Incognito Heat Co. (Scotland) A total of 25 players covered |
Underfloor Heating Market Highlights
This report has segmented the Underfloor heating market based on offerings, By product type and component, Installation type application, and region.
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Segment |
Subsegment |
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By Offerings |
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By Product Type and Component |
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By Installation Types |
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By Application |
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By Region |
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Recent Developments:
- In January 2023, Resideo Technologies, has supplied Bellway, a national housebuilder in the UK, with their industry-leading Honeywell Home evohome smart thermostat. Resideo Technologies specializes in comfort, thermal, and security solutions, and its Honeywell Home evohome system was chosen for its smart zoning technology. This technology utilizes radiator controllers to wirelessly measure and regulate temperatures for up to twelve individual zones, covering nine rooms, twelve radiators, and three underfloor heating zones.
- In June 2022, nVent Electric plc, a renowned provider of electrical connection and protection solutions, revealed the expansion of its partnership with MAPEI, a global leader in manufacturing chemical products for the building industry. This collaboration aims to integrate the high-quality electric underfloor heating technologies offered by nVent RAYCHEM with MAPEI’s extensive flooring installation products. Building upon successful collaborations in the United States and Canada, nVent, and MAPEI will introduce MAPEI Mapeheat with Technology from nVent RAYCHEM to the flooring and tiling industry in the United Kingdom.
- In November 2021, Uponor Corporation acquired Capricorn S.A. to expand its European network of production plants. This acquisition complemented Uponor’s portfolio of surface heating and cooling.
Frequently Asked Questions (FAQ):
What will be the Underfloor heating market size in 2023?
The Underfloor heating market will be valued at USD 5.1 billion in 2023
What CAGR will be recorded for the Underfloor heating market from 2023 to 2028?
The global Underfloor heating market is expected to record a CAGR of 7.5% from 2023–2028.
Who are the top players in the Underfloor heating market?
The significant vendors operating in the Underfloor heating market include Uponor Corporation (Finland), Resideo Technologies Inc. (US), nVent Electric Plc (UK)
Which major countries are considered in the Europe region?
The report includes an analysis of the UK, Germany, France, Belgium, Netherlands, Italy, Poland and Rest of Europe.
Which types have been considered under the Underfloor heating market?
Hydronic Underfloor heating and Electric Underfloor heating are considered in the market study.
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The study involves four major activities for estimating the size of the Underfloor heating market. Exhaustive secondary research has been conducted to collect information related to the market. The next step is to validate these findings and assumptions related to the market size with industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall size of the Underfloor heating market. After that, market breakdown and data triangulation procedures were used to determine the extent of different segments and subsegments of the market.
Secondary Research
Secondary sources for this research study included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; certified publications; articles by recognized authors; directories; and databases. The secondary data has been collected and analyzed to determine the overall market size, further validated through primary research.
Primary Research
Extensive primary research has been conducted after gaining knowledge about the current scenario of the Underfloor heating market through secondary research. Several primary interviews have been conducted with experts from the demand and supply sides across four major regions—Americas, Europe, Asia Pacific, and RoW. This primary data has been collected through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, top-down and bottom-up approaches and several data triangulation methods have been implemented to estimate and validate the size of the Underfloor heating market and other dependent submarkets listed in this report.
- The key players in the industry and markets have been identified through extensive secondary research.
- The supply chain of the industry and the market size, in terms of value, have been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Underfloor Heating Market: Top-Down Approach
- In the top-down approach, the overall market size has been used to estimate the size of the individual markets (mentioned in the market segmentation) through percentage splits obtained from secondary and primary research.
- For calculating the Underfloor heating market segments, the market size obtained by implementing the bottom-up approach has been used to implement the top-down approach, which was later confirmed with the primary respondents across different regions.
- The bottom-up approach has also been implemented for the data extracted from secondary research to validate the market size of various segments.
- Each company’s market share has been estimated to verify the revenue shares used earlier in the bottom-up approach. With the help of data triangulation and validation of data through primaries, the size of the overall Underfloor heating and each market have been determined and confirmed in this study.
Data Triangulation
After arriving at the overall market size, the total market has been split into several segments. The market breakdown and data triangulation procedures have been employed wherever applicable to complete the overall market engineering process and arrive at exact statistics for all segments. The data was then triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Market Definition
An underfloor heating (UFH) system is a central heating system that controls the indoor climate for thermal comfort using the principle of conduction, radiation, and convection. The underfloor heating market includes hydronic and electric underfloor heating systems. The hydronic UFH systems rely on hot water for in-floor heating, whereas the electric UFH systems use electricity for their operations. Underfloor heating systems have many advantages over radiator heating systems and have become a viable method of space heating.
The Underfloor heating market is consolidated, with a few players holding a significant market share. The companies in the Underfloor heating ecosystem are highly focused on strengthening their positions and increasing their market shares. Uponor Corporation (Finland), Resideo Technologies Inc. (US), nVent Electric Plc (UK), Warmup (UK), Rehau Ltd (Switzerland), Emerson Electric Co. (US), Robert Bosch Gmbh (Germany), Danfoss (Denmark), Mitsubishi Electric Corporation (Japan), Siemens Ag (Germany), Schneider Electric (France), and Incognito Heat Co. (Scotland).
Key Stakeholders
- Original equipment manufacturers (OEMs)
- Providers of technology solutions
- Research institutes
- Market research and consulting firms
- Forums, alliances, and associations related to Underfloor heating
- Technology investors
- Governments and financial institutions
- Analysts and strategic business planners
- Existing end users and prospective ones
Report Objectives:
- To describe and forecast the Underfloor heating market in terms of value based on offerings, By product type, Installation type, and application
- To describe and forecast the Underfloor heating market size in terms of value for 4 main regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the Underfloor heating market
- To provide a detailed overview of the supply chain of the ecosystem
- To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the market
- To analyze the probable impact of the recession on the market in future
- To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes the market players on various parameters within the broad categories of market ranking/share and product portfolio.
- To analyze competitive developments such as acquisitions, product launches, partnerships, expansions, and collaborations undertaken in the Underfloor heating market
Available Customization
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for this report:
Company Information:
- Detailed analysis and profiling of additional five market players
Generating Response ...
Growth opportunities and latent adjacency in Underfloor Heating Market