Market Overview:
The global electric underfloor heating cables market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric underfloor heating cables in residential and commercial buildings across the globe. Additionally, factors such as technological advancements and rising awareness about energy-efficient solutions are also contributing to the growth of this market. Based on type, the global electric underfloor heating cables market is segmented into twin conductor cable and single conductor cable. Twin conductor cable held a major share of the global electric underfloor heating cables market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its high efficiency and easy installation process as compared to single conductor cable. Based on application, the global electric underfloor heating cables market is segmented into residential building and commercial building segments.
Product Definition:
Electric underfloor heating cables are used to heat the floor of a room. The importance of electric underfloor heating cables is that they provide warmth and comfort to a room, which can improve the quality of life for those who spend time in it.
Twin Conductor Cable:
The global twin conductor cable, also known as power cable or electric underfloor heating cables, is used for the electrical distribution of power from the utility company to various parts of buildings. The demand for these cables is expected to witness significant growth on account of increasing use in commercial and residential buildings for providing heat throughout the year. Twin-conductor cables are manufactured using high-quality insulation materials that help in preventing heat loss and energy wastage.
Single Conductor Cable:
Single conductor cable is used in electric underfloor heating cables. It has one path for electricity which makes its construction and installation easy. The absence of a second pathway for electricity helps to reduce the chances of heat being lost from the area through conduction and convection radiation.
The single-conducting cable provides an efficient solution as it reduces energy losses by up to 50% when compared with conventional cables, thus saving cost.
Application Insights:
The demand for the product is expected to increase in commercial buildings owing to the growing requirement for energy-efficient solutions. The commercial building segment held around 54% of market share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to a rise in construction of shopping malls, office buildings, hotels and restaurants across regions.
Electric underfloor heating cables are used extensively for space heating, water heating and ventilation applications in commercial buildings as they offer cost-effective solutions with high efficiency. They are also environment-friendly as they do not produce smoke or smell like conventional gas heaters when burning wood chips or pellets which makes them suitable for use in large constructions including office spaces where environmental factors matter most than cost or efficiency.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities in China, India, Japan, South Korea, Indonesia and Malaysia. Moreover rising population coupled with rapid urbanization has resulted in increased demand for residential buildings as well as commercial buildings which will further drive the regional market growth.
The European electric underfloor heating cables market is also anticipated to witness significant growth over the forecast period owing to growing consumer awareness regarding energy conservation along with technological advancements pertaining floor heating systems. In addition increasing adoption of electric heaters due their eco-friendly attributes will augment industry expansion over the coming years.
Growth Factors:
- Increasing demand for electric underfloor heating cables in the residential sector as a result of growing awareness about the benefits of underfloor heating systems over traditional heating methods.
- Rising construction and renovation activities across the globe, which is expected to create significant demand for electric underfloor heating cables in the near future.
- Growing popularity of energy-efficient and environment-friendly building technologies, such as electric underfloor heating, is anticipated to boost market growth in the coming years.
- Proliferation of smart homes and buildings that are equipped with advanced controls and sensors is projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Underfloor Heating Cables Market Research Report
By Type
Twin Conductor Cable, Single Conductor Cable
By Application
Residential Building, Commercial Building
By Companies
Danfoss, Raychem, Flexel, nVent Electric, Warmup, ThermoSoft International, Halmburger, Nexans, SunTouch, Zhonghui Floor Heating, Anze Electric Heating, Nusun, Heatcom, Anhui Huanrui, Anbang
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electric Underfloor Heating Cables Market Report Segments:
The global Electric Underfloor Heating Cables market is segmented on the basis of:
Types
Twin Conductor Cable, Single Conductor Cable
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
Residential Building, Commercial Building
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:
- Danfoss
- Raychem
- Flexel
- nVent Electric
- Warmup
- ThermoSoft International
- Halmburger
- Nexans
- SunTouch
- Zhonghui Floor Heating
- Anze Electric Heating
- Nusun
- Heatcom
- Anhui Huanrui
- Anbang
Highlights of The Electric Underfloor Heating Cables 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:
- Twin Conductor Cable
- Single Conductor Cable
- By Application:
- Residential Building
- Commercial Building
- 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 Electric Underfloor Heating Cables 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Electric underfloor heating cables are a type of electrical cable used to provide heat to the floor below. They are made up of a number of insulated wires that run beneath the floorboards, and a heating unit is attached at one end. When electricity is sent through the wires, it heats up the metal coil inside the heating unit, which then sends heat down into the floorboards.
Some of the major companies in the electric underfloor heating cables market are Danfoss, Raychem, Flexel, nVent Electric, Warmup, ThermoSoft International, Halmburger, Nexans, SunTouch, Zhonghui Floor Heating, Anze Electric Heating, Nusun, Heatcom, Anhui Huanrui, Anbang.
The electric underfloor heating cables market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Underfloor Heating Cables 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 Electric Underfloor Heating Cables Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Underfloor Heating Cables 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 Electric Underfloor Heating Cables 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 Electric Underfloor Heating Cables Market Size & Forecast, 2020-2028
4.5.1 Electric Underfloor Heating Cables Market Size and Y-o-Y Growth
4.5.2 Electric Underfloor Heating Cables Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Twin Conductor Cable
5.2.2 Single Conductor Cable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential Building
6.2.2 Commercial Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Underfloor Heating Cables 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 Electric Underfloor Heating Cables 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Twin Conductor Cable
9.6.2 Single Conductor Cable
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 Market Size Forecast by Applications
9.10.1 Residential Building
9.10.2 Commercial Building
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Twin Conductor Cable
10.6.2 Single Conductor Cable
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 Market Size Forecast by Applications
10.10.1 Residential Building
10.10.2 Commercial Building
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Twin Conductor Cable
11.6.2 Single Conductor Cable
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 Market Size Forecast by Applications
11.10.1 Residential Building
11.10.2 Commercial Building
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Twin Conductor Cable
12.6.2 Single Conductor Cable
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 Market Size Forecast by Applications
12.10.1 Residential Building
12.10.2 Commercial Building
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Twin Conductor Cable
13.6.2 Single Conductor Cable
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) Market Size Forecast by Applications
13.10.1 Residential Building
13.10.2 Commercial Building
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 Electric Underfloor Heating Cables Market: Competitive Dashboard
14.2 Global Electric Underfloor Heating Cables Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danfoss
14.3.2 Raychem
14.3.3 Flexel
14.3.4 nVent Electric
14.3.5 Warmup
14.3.6 ThermoSoft International
14.3.7 Halmburger
14.3.8 Nexans
14.3.9 SunTouch
14.3.10 Zhonghui Floor Heating
14.3.11 Anze Electric Heating
14.3.12 Nusun
14.3.13 Heatcom
14.3.14 Anhui Huanrui
14.3.15 Anbang
