Underfloor Heating Market Scope And Analysis

Report Code : TIPRE00011149
Category : Electronics and Semiconductor

Status : Published
No. of Pages : 183

Buy Now

Underfloor Heating Market Analysis, Trends, and Scope 2023 to 2030

Buy Now

Underfloor Heating Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 3.9 Billion
Market Size by 2030	US$ 6.95 Billion
Global CAGR (2022 - 2030)	7.5%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Type Hydronic System Components and Electric System Components By Installation Retrofit and New By Application Residential and Commercial
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Danfoss AS Emerson Electric Co nVent Electric Plc Watts Water Technologies Inc Robert Bosch GmbH Resideo Technologies Inc Uponor Corp REHAU Ltd Daikin Europe NV

Recent Developments:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the Underfloor Heating market. A few recent key underfloor heating market developments are listed below:

In December 2023, Daikin Europe N.V. unveiled the Nepura range, a new line of residential air-to-air heat pumps that has been available in Europe since November 2023. This product range aims to address the need for a dependable heating solution capable of operating in extreme temperatures as low as -30°C while achieving exceptional efficiency ratings of up to A+++ in heating. The introduction of the Nepura range aligns with Daikin's strategic approach to developing and offering products specifically designed to meet the demands of Nordic conditions.
In August 2023, REHAU, a prominent provider of polymer-based solutions for mechanical and plumbing systems, unveiled a strategic alliance with BDA Manufacturers' Representatives. This collaboration brings together extensive expertise and experience in the mechanical and plumbing sector, enabling both organizations to enhance their support for contractors, engineers, and wholesalers within the region.