Market Overview:
The global commercial underfloor heating market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating systems, growing construction and renovation activities, and rising awareness about underfloor heating among consumers. The global commercial underfloor heating market can be segmented on the basis of type into hydronic heating and electric heating. Hydronic systems are more popular than electric systems as they are more efficient and provide better comfort levels. On the basis of application, the market can be segmented into office buildings, hotels, hospitals, schools & colleges, retail stores & malls, and other applications such as residential buildings and industrial facilities. The office building segment is expected to account for a major share of the global commercial underfloor heating market in 2018 owing to increasing demand for energy-efficient solutions in this sector across all regions.
Product Definition:
A type of heating system that is installed beneath the flooring. This system uses either hot water or electricity to heat the space. Commercial underfloor heating is important because it can help to create a more comfortable and consistent environment for employees or customers. Additionally, it can help to improve energy efficiency in a building.
Hydronic Heating:
Hydronic heating is a heat pump system that works by using moving water to generate heat. The technology has been around for decades, but only recently have the benefits of this technology been recognized and commercialized. Hydronic heating systems are used in both new construction as well as in existing buildings; they can be used with underfloor or floor-based heating systems.
Electric Heating:
Electric heating is the most common form of heaters used in commercial buildings. It is a cost-effective and energy-efficient solution for providing thermal comfort to building users. The process involves generating electrical energy that is then converted into heat by electric resistance or through convection, radiation ormicrowave technology.
Electric heating systems can be installed in new construction as well as in existing buildings with different floor plans and configurations.
Application Insights:
The demand for the product in the hotel industry is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to an increase in the number of hotels and hospitality units across various regions, including Europe and North America. In addition, technological advancements in underfloor heating systems coupled with rising consumer preference for luxury stayovers are likely to propel market growth over the forecast period.
Commercial buildings occupied by offices are widely adopting floor heating solutions as it reduces energy costs while maintaining temperature control within office spaces. Furthermore, increasing awareness among building owners regarding cost-effectiveness along with ease of installation is anticipated fuel segment growth over next eight years.
Increasing investments by companies engaged in R&D activities pertaining to commercial space technology have resulted in development of technologically advanced products that efficiently heat large areas without creating noise or fumes thereby attracting attention from end users across diverse industries such as food & beverage and manufacturing facilities worldwide.
Regional Analysis:
Asia Pacific dominated the global commercial underfloor heating market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing awareness regarding floor heating, rising construction activities, and growing demand for energy-efficient products. China accounts for a major share in terms of installations owing to various government initiatives promoting energy conservation practices coupled with cold climate requirements that necessitate installation of efficient floor heaters.
The European market is anticipated to witness significant growth over the forecast period owing to increased adoption by hotels as an alternative solution for reducing utility costs along with space heating applications in offices & educational institutes during extreme weather conditions such as heavy snow or -20°C winters.
Growth Factors:
- Increasing demand for energy-efficient heating systems
- Rising popularity of underfloor heating as a flooring option
- Growing awareness about the benefits of underfloor heating among consumers
- Proliferation of online retail platforms that offer affordable and convenient access to underfloor heating products and systems
- Technological advancements that have led to the development of more efficient and user-friendly underfloor heating systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Underfloor Heating Market Research Report
By Type
Hydronic Heating, Electric Heating
By Application
Office, Hotel
By Companies
Raychem, Myson, Emerson, Warmup, ThermoSoft International, Flexel, Weixing, Calorique, Daikin, Danfoss A/S, STEP Warmfloor, Arkon Heating Systems, GH, Nexans, Rifeng, Korea Heating, daeho
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Underfloor Heating Market Report Segments:
The global Commercial Underfloor Heating market is segmented on the basis of:
Types
Hydronic Heating, Electric Heating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Office, Hotel
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Raychem
- Myson
- Emerson
- Warmup
- ThermoSoft International
- Flexel
- Weixing
- Calorique
- Daikin
- Danfoss A/S
- STEP Warmfloor
- Arkon Heating Systems
- GH
- Nexans
- Rifeng
- Korea Heating
- daeho
Highlights of The Commercial Underfloor Heating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydronic Heating
- Electric Heating
- By Application:
- Office
- Hotel
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Underfloor Heating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial underfloor heating is a system that uses heat to warm the floors of commercial buildings. The heat is delivered through pipes embedded in the floor, and it can be turned on and off as needed. This type of heating is often used in places like malls, office buildings, and schools.
Some of the key players operating in the commercial underfloor heating market are Raychem, Myson, Emerson, Warmup, ThermoSoft International, Flexel, Weixing, Calorique, Daikin, Danfoss A/S, STEP Warmfloor, Arkon Heating Systems, GH, Nexans, Rifeng, Korea Heating, daeho.
The commercial underfloor heating market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Underfloor Heating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Underfloor Heating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Underfloor Heating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Underfloor Heating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Underfloor Heating Market Size & Forecast, 2018-2028
4.5.1 Commercial Underfloor Heating Market Size and Y-o-Y Growth
4.5.2 Commercial Underfloor Heating Market Absolute $ Opportunity
Chapter 5 Global Commercial Underfloor Heating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Underfloor Heating Market Size Forecast by Type
5.2.1 Hydronic Heating
5.2.2 Electric Heating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Underfloor Heating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Underfloor Heating Market Size Forecast by Applications
6.2.1 Office
6.2.2 Hotel
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Underfloor Heating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Underfloor Heating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Underfloor Heating Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Underfloor Heating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Underfloor Heating Market Size Forecast by Type
9.6.1 Hydronic Heating
9.6.2 Electric Heating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Underfloor Heating Market Size Forecast by Applications
9.10.1 Office
9.10.2 Hotel
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Underfloor Heating Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Underfloor Heating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Underfloor Heating Market Size Forecast by Type
10.6.1 Hydronic Heating
10.6.2 Electric Heating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Underfloor Heating Market Size Forecast by Applications
10.10.1 Office
10.10.2 Hotel
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Underfloor Heating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Underfloor Heating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Underfloor Heating Market Size Forecast by Type
11.6.1 Hydronic Heating
11.6.2 Electric Heating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Underfloor Heating Market Size Forecast by Applications
11.10.1 Office
11.10.2 Hotel
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Underfloor Heating Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Underfloor Heating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Underfloor Heating Market Size Forecast by Type
12.6.1 Hydronic Heating
12.6.2 Electric Heating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Underfloor Heating Market Size Forecast by Applications
12.10.1 Office
12.10.2 Hotel
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Underfloor Heating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Underfloor Heating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Underfloor Heating Market Size Forecast by Type
13.6.1 Hydronic Heating
13.6.2 Electric Heating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Underfloor Heating Market Size Forecast by Applications
13.10.1 Office
13.10.2 Hotel
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Underfloor Heating Market: Competitive Dashboard
14.2 Global Commercial Underfloor Heating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Raychem
14.3.2 Myson
14.3.3 Emerson
14.3.4 Warmup
14.3.5 ThermoSoft International
14.3.6 Flexel
14.3.7 Weixing
14.3.8 Calorique
14.3.9 Daikin
14.3.10 Danfoss A/S
14.3.11 STEP Warmfloor
14.3.12 Arkon Heating Systems
14.3.13 GH
14.3.14 Nexans
14.3.15 Rifeng
14.3.16 Korea Heating
14.3.17 daeho
