Electric Underfloor Heating Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Electric underfloor heating are electronic equipment which are installed in flooring for heating application. These underfloor heating are offered in form of cables and mats by the market can be controlled by thermostat. Thee electric underfloor are not installed at regular rooms but are also installed in bathrooms and restrooms.

MARKET DYNAMICS

The electric underfloor heating market is experiencing significant growth owing to the increasing consumer spending for house comforts by masses. However, is cost of electricity is hamper the adoption of electric underfloor heating. Meanwhile, growing construction industry is expected to flourish the electric underfloor heating market.

MARKET SCOPE

The "Electric Underfloor Heating Market Analysis to 2031" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of electric underfloor heating market with detailed market segmentation by component, application, and geography. The global electric underfloor heating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric underfloor heating market players and offers key trends and opportunities in the electric underfloor heating market.

MARKET SEGMENTATION

The global electric underfloor heating market is segmented on the basis of component and application. Based on component, the market is segmented into cables and mats. On the basis of application, the market is segmented as residential and commercial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric underfloor heating market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric underfloor heating market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric underfloor heating market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric underfloor heating market in these regions.

MARKET PLAYERS

The reports cover key developments in the electric underfloor heating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electric underfloor heating market are anticipated to lucrative growth opportunities in the future with the rising demand for electric underfloor heating market. Below mentioned is the list of few companies engaged in the electric underfloor heating market.

IMPACT OF COVID-19 ON ELECTRIC UNDERFLOOR HEATING MARKET
The outbreak of COVID-19 has significantly impacted various industries including the manufacturing and construction industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of manufacturing and construction industry in 2021. However, the industry started to stabilize from Q4 of 2021 as economies started to reopen and containment measures were relaxed.

The report also includes the profiles of key electric underfloor heating market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Danfoss
  
•   STIEBEL ELTRON GmbH and Co. KG
  
•   Uponor Corporation
  
•   WARMUP Inc.
  
•   Emerson Electric
  
•   Siemens AG
  
•   Schneider Electric
  
•   NEXANS
  
•   Mitsubishi Electric
  
•   Amuheat
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Electric Underfloor Heating Report Scope