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Commercial Underfloor Heating Market Share
Major manufacturers operating across the commercial underfloor heating industry are focusing on mergers & acquisitions, joint ventures, and strategic partnerships to strengthen their competitive market share. Key players including Daikin, Danfoss, Uponor Corporation, Siemens, nVent, and Warmup, among other, holds majority of the market share across the industry.
Commercial Underfloor Heating Market Companies
Key players operating across the commercial underfloor heating industry are -
- Amuheat
- Daikin
- Danfoss
- Gaia Climate Solutions
- H2O Heating Pty td.
- Hunt Commercial
- nVent
- REHAU
- Resideo Technologies Inc.
- Siemens
- ThermaRay
- Thermogroup Ltd.
- Thermo-Floor UK Limited
- Uponor Corporation
- Warmup
- Watts
How large is the commercial underfloor heating market?
The market size of commercial underfloor heating was reached USD 2.4 billion in 2023 and will grow at a 5.7% CAGR between 2024 and 2032, propelled by rising demand for energy-efficient heating solutions.
Why is there a rising demand for commercial underfloor heating from hospitality sector?
Commercial underfloor heating market share from the hospitality segment will garner 5% CAGR through 2032, due to the industry's focus on enhancing guest experiences, combined with the trend towards luxurious and sustainable amenities.
What is Europe commercial underfloor heating market worth?
Europe commercial underfloor heating industry will reach USD 2 billion by 2032, owing to the region's cold climate, advanced technology and high standards in construction, stringent energy efficiency regulations and a strong emphasis on sustainable building practices.
Who are the prominent commercial underfloor heating market players?
Some of the leading commercial underfloor heating industry players include Daikin, Danfoss, Gaia Climate Solutions, H2O Heating Pty td., Hunt Commercial, Thermo-Floor UK Limited, Uponor Corporation, Warmup, and Watts, among others.