Underfloor Heating Market is Estimated to reach US$ 3860.0 Million by the end of 2024


Posted November 14, 2019 by amarsasane

“Underfloor Heating Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2019-2024).

 
Global Underfloor Heating Market overview:

The Underfloor Heating Market is expected to witness sustained growth over the forecast period (2019-2024). The growth of the Underfloor Heating market is driven as there is favourable growth in the industry is a major factor which will boost the global Underfloor Heating Market.

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With the slowdown in world economic growth, the Underfloor Heating industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Underfloor Heating market size to maintain the average annual growth rate of 0.0245006534095 from 3420.0 million $ in 2014 to 3860.0 million $ in 2019, market analysts believe that in the next few years, Underfloor Heating market size will be further expanded, we expect that by 2024, The market size of the Underfloor Heating will reach 4350.0 million $.

Underfloor heating and cooling is a form of central heating and cooling which achieves indoor climate control for thermal comfort using conduction, radiation and convection. The terms radiant heating and radiant cooling are commonly used to describe this approach because radiation is responsible for a significant portion of the resulting thermal comfort but this usage is technically correct only when radiation composes more than 50% of the heat exchange between the floor and the rest of the space.

The Global Underfloor Heating Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Underfloor Heating Market is sub segmented into Hydronic Underfloor Heating (Heating Pipes, Manifolds, Sensor and Thermostat), Electric Underfloor Heating (Heating Cables, Heating Mats, Sensors and Thermostat). The low operational cost, longevity, and the requirement of minimal energy, once the room is heated, are some of the key drivers for the hydronic underfloor heating system market Based on End Use Industry segment, the Underfloor Heating Market is sub segmented into Commercial Building, Residential Building, Entertainment, Industrial, Healthcare, Education.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key questions answered in this report

1What will the market size be in 2024 and what will the growth rate be?

2 What are the Underfloor Heating market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

As per regional analysis, the market is growing rapidly because Europe is moving toward a low-carbon economy and because of the increased awareness about environmental and energy efficiency concerns. Also, higher levels of insulation, driven by regulatory requirements and government initiatives are contributing to a reduction in the overall heating load, making underfloor heating a more practical and efficient heating solution in Europe.

Some of the major players that operate in the Global Underfloor Heating Market are Raychem, Myson, Warmup, ThermoSoft International, Flexel International, Emerson, Calorique, Danfoss A/S, Daikin, Vaillant, Bosch, De Dietrich, Viessmann, Heatrae Sadia, Ariston Thermo Group, Wolf, Beretta, Weil-McLain, Haier, Thermo-Floor, Menred, Ivar Group, Corleo, Zhejiang Valogin, Ruize, Akan, Zhejiang Weixing New, Hongyue Pipe Industry, GF Piping Systems, JM Eagle.

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Underfloor Heating Market Report 2019

1 Underfloor Heating Definition

2 Global Underfloor Heating Market Major Player Share and Market Overview

3 Major Player Underfloor Heating Business Introduction

4 Global Underfloor Heating Market Segmentation (Region Level)

5 Global Underfloor Heating Market Segmentation (Product Type Level)

6 Global Underfloor Heating Market Segmentation (Industry Level)

7 Global Underfloor Heating Market Segmentation (Channel Level)

8 Underfloor Heating Market Forecast 2019-2024

9 Underfloor Heating Segmentation Type

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Categories Home , Lifestyle , Medical
Tags Global Underfloor Heating Market , Underfloor Heating Market
Last Updated November 14, 2019