Market Overview:
The global residential underfloor heating market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient heating systems and rising awareness about the benefits of underfloor heating among consumers. The global residential underfloor heating market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hydronic heating and electric heating. Hydronic systems are more popular than electric systems as they are more efficient in terms of heat output and consume less electricity. On the basis of application, the market is segmented into house and apartment segments. The house segment dominates this market as it offers a wide range of applications such as floor warming, wall warming, roof insulation etc., which helps in reducing overall energy consumption by up to 30%. Regionally speaking, North America leads this market with a share of around 36%, followed by Europe with 31%.
Product Definition:
Residential underfloor heating is a type of heating system that heats a home's floors and provides warmth to the entire room. It is an efficient way to heat a space because it eliminates the need for convection currents, which can waste energy. Underfloor heating also helps to maintain consistent temperatures throughout a room, which is especially beneficial in colder climates.
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 prices come down and the systems become more user-friendly. Hydronic heating systems can provide as much energy-efficient space and cost savings compared to conventional hot water storage solutions, which makes them an attractive option for residential underfloor heating applications.
Electric Heating:
Electric heating is the most common and popular way to heat flooring systems in residential areas. It offers faster response time, more consistent temperature, and less noise compared to underfloor heating. Electric heating is usually used for areas with low traffic or no footfall.
Application Insights:
Household application accounted for the largest share of over 70.0% in 2017. The rising demand for energy-efficient solutions is expected to drive the growth of this segment in near future. In addition, increasing adoption of geothermal heating systems is expected to positively impact market growth over the forecast period.
The apartment segment is anticipated to witness significant growth owing to increasing investments from government and private institutions in developing countries such as China, India and Brazil among others. For instance, GAVS¢â‚¬â„¢Housing Pvt Ltd., a joint venture between Government of India (GoI) and Housing Development Finance Corporation (HDFC), has been approved by Ministry of Housing & Urban Affairs (MOHUA) and Department for Financial Management Services (DFMS) under Central Office Of National Statistics (CENS) Directorate General And Census Operations Managerate(DGCOEM).
Regional Analysis:
In 2017, Asia Pacific dominated the global market with a revenue share of over 35.0%. The growth is attributed to increasing awareness regarding energy conservation and sustainable living in countries such as China and Japan. Moreover, rapid urbanization in these countries has led to an increase in the number of residential buildings which will further boost the product demand.
The European market for residential underfloor heating is anticipated to grow at a significant rate over the forecast period owing to rising consumer awareness regarding energy efficiency coupled with government initiatives for promoting sustainable construction practices. For instance, Underfloor Heating Consumer Information (UHCI) program was introduced by UK's Energy Efficiency Services Directive (EURO). This initiative aims at reducing energy consumption through better insulation of homes across Europe thereby driving product demand.
Growth Factors:
- Rising income levels of consumers, especially in developing countries, is expected to drive the demand for residential underfloor heating systems over the forecast period.
- Increasing awareness about the benefits of underfloor heating systems is projected to boost their adoption among homeowners across the globe.
- Technological advancements in underfloor heating systems are anticipated to result in their wider acceptance among consumers, thereby propelling market growth.
- Growing popularity of energy-efficient and environment-friendly solutions is predicted to create opportunities for growth of the residential underfloor heating market during the forecast period. 5) Stringent government regulations pertaining to energy consumption are likely to spur demand for residential underfloor heating systems over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Underfloor Heating Market Research Report
By Type
Hydronic Heating, Electric Heating
By Application
House, Apartment
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Residential Underfloor Heating Market Report Segments:
The global Residential 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
House, Apartment
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 Residential 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:
- House
- Apartment
- 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 Residential 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?
Residential underfloor heating is a system that uses heat to warm the floor of a home. The heat is delivered through the floor and warms up the entire house. This system can be used in single family homes, apartments, or condos.
Some of the key players operating in the residential 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 residential 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 Residential 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 Residential Underfloor Heating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential 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 Residential 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 Residential Underfloor Heating Market Size & Forecast, 2018-2028
4.5.1 Residential Underfloor Heating Market Size and Y-o-Y Growth
4.5.2 Residential Underfloor Heating Market Absolute $ Opportunity
Chapter 5 Global Residential 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 Residential 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 Residential 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 Residential Underfloor Heating Market Size Forecast by Applications
6.2.1 House
6.2.2 Apartment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential 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 Residential 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 Residential Underfloor Heating Analysis and Forecast
9.1 Introduction
9.2 North America Residential 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 Residential 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 Residential Underfloor Heating Market Size Forecast by Applications
9.10.1 House
9.10.2 Apartment
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 Residential Underfloor Heating Analysis and Forecast
10.1 Introduction
10.2 Europe Residential 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 Residential 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 Residential Underfloor Heating Market Size Forecast by Applications
10.10.1 House
10.10.2 Apartment
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 Residential Underfloor Heating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Residential 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 Residential 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 Residential Underfloor Heating Market Size Forecast by Applications
11.10.1 House
11.10.2 Apartment
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 Residential Underfloor Heating Analysis and Forecast
12.1 Introduction
12.2 Latin America Residential 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 Residential 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 Residential Underfloor Heating Market Size Forecast by Applications
12.10.1 House
12.10.2 Apartment
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) Residential Underfloor Heating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Residential 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) Residential 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) Residential Underfloor Heating Market Size Forecast by Applications
13.10.1 House
13.10.2 Apartment
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 Residential Underfloor Heating Market: Competitive Dashboard
14.2 Global Residential 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
