Market Overview:
The global electric underfloor heating market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and comfortable homes, rising awareness about the benefits of underfloor heating systems, and growing construction activities across the globe. Based on type, the electric underfloor heating market can be segmented into heating cable, electrothermal, and carbon crystal. Heating cable held a dominant share in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to its low installation cost as compared to other types of electric underfloor heating systems. Electrothermal accounted for a significant share of the global electric underfloor heating market in 2017 and is anticipated to grow at a high rate during the forecast period owing to its superior performance as compared with other types of systems.
Product Definition:
Electric underfloor heating is a type of heating system that uses electricity to heat the floor. It is often used in areas where there is tile or wood flooring, as it can keep these types of floors warm and comfortable. Electric underfloor heating can be used as the main source of heat in a home, or it can be used as an auxiliary source of heat to supplement other forms of heating.
Heating Cable:
The heating cable, also known as the electric cable or cord, is a flexible insulated wire that is used to provide heat to an area. The heating cables are made up of different materials including PVC (polyvinyl chloride), rubber, and plastic. The material from which the heating cable is made determines its flexibility and durability.
Electrothermal:
Electrothermal is a heat transfer process that utilizes the principle of thermodynamics to provide heating. In this process, electrical energy is converted into thermal energy by resistors and then distributed among the floors through conductive elements. The most commonly used electrothermal systems are under-floor heating, floor warming, and hot water distribution systems.
Application Insights:
The commercial use segment dominated the global electric underfloor heating market in 2017, accounting for over 60% of the overall revenue share. The segment is projected to expand further at a steady CAGR from 2018 to 2030 owing to rising demand for energy-efficient solutions and increasing focus on environmental issues among businesses.
Civil use accounted for another significant revenue share in 2017 and is expected to witness a CAGR around 7.0% from 2018 to 2030 due mainlyto rising R&D investments by governments across the world towards improving living conditions of citizens, including access to clean water supply and efficient sanitation systems coupled with an increase in spending capacity among consumers globally.
Electrothermal products are widely used in civil applications as they do not require installation work as compared with other technologies such as cable or crystal technology; however, these products are more expensive than others thus restraining its growth slightly when compared with other heating technologies such as cable or crystal technology over the forecast period.
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 industrialization, coupled with rising living standards among consumers. China and India are some of the largest markets for electric underfloor heating systems in Asia Pacific. Rapidly expanding commercial construction sector in these countries will drive product demand further.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for electric underfloor heating in the residential sector on account of its energy-efficient and eco-friendly features.
- Growing popularity of radiant floor heating systems, which is boosting the demand for electric underfloor heating systems as well.
- Rising awareness about the benefits of using electric underfloor heating among consumers, especially in developed countries where there is a growing trend towards green buildings and sustainable living practices.
- Proliferation of online retail platforms that offer a wide range of affordable electric underfloor heating products, making it easier for consumers to purchase these systems as per their requirements and budget constraints.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Underfloor Heating Market Research Report
By Type
Heating Cable, Electrothermal, Carbon Crystal
By Application
Civil Use, Commercial Use
By Companies
Danfoss, Nexans, Zhonghui Group, CALORIQUE, Anze Electric Heating, NUSUN, HEATCOM, China Huanrui, Wanjianuan, Taihong Wire & Cable Co., Ltd, Anbang Electric Co.,Ltd.
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Electric Underfloor Heating Market Report Segments:
The global Electric Underfloor Heating market is segmented on the basis of:
Types
Heating Cable, Electrothermal, Carbon Crystal
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
Civil Use, Commercial Use
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
- Nexans
- Zhonghui Group
- CALORIQUE
- Anze Electric Heating
- NUSUN
- HEATCOM
- China Huanrui
- Wanjianuan
- Taihong Wire & Cable Co., Ltd
- Anbang Electric Co.,Ltd.
Highlights of The Electric 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:
- Heating Cable
- Electrothermal
- Carbon Crystal
- By Application:
- Civil Use
- Commercial Use
- 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 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 is a type of heating system that uses electric current to heat the floor beneath your feet. The warmth from the electric current travels through the floor and into your feet, providing warm comfort all day long. Electric underfloor heating is a great option for homes that are cold in winter or hot in summer, as it can be turned on and off as needed without having to worry about using up energy or making noise.
Some of the major companies in the electric underfloor heating market are Danfoss, Nexans, Zhonghui Group, CALORIQUE, Anze Electric Heating, NUSUN, HEATCOM, China Huanrui, Wanjianuan, Taihong Wire & Cable Co., Ltd, Anbang Electric Co.,Ltd..
The electric underfloor heating market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric 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 Electric Underfloor Heating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric 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 Electric 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 Electric Underfloor Heating Market Size & Forecast, 2020-2028
4.5.1 Electric Underfloor Heating Market Size and Y-o-Y Growth
4.5.2 Electric Underfloor Heating 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 Heating Cable
5.2.2 Electrothermal
5.2.3 Carbon Crystal
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 Civil Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric 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 Electric 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 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 Heating Cable
9.6.2 Electrothermal
9.6.3 Carbon Crystal
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 Civil Use
9.10.2 Commercial Use
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 Heating Cable
10.6.2 Electrothermal
10.6.3 Carbon Crystal
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 Civil Use
10.10.2 Commercial Use
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 Heating Cable
11.6.2 Electrothermal
11.6.3 Carbon Crystal
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 Civil Use
11.10.2 Commercial Use
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 Heating Cable
12.6.2 Electrothermal
12.6.3 Carbon Crystal
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 Civil Use
12.10.2 Commercial Use
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 Heating Cable
13.6.2 Electrothermal
13.6.3 Carbon Crystal
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 Civil Use
13.10.2 Commercial Use
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 Market: Competitive Dashboard
14.2 Global Electric Underfloor Heating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danfoss
14.3.2 Nexans
14.3.3 Zhonghui Group
14.3.4 CALORIQUE
14.3.5 Anze Electric Heating
14.3.6 NUSUN
14.3.7 HEATCOM
14.3.8 China Huanrui
14.3.9 Wanjianuan
14.3.10 Taihong Wire & Cable Co., Ltd
14.3.11 Anbang Electric Co.,Ltd.
