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Electric Underfloor Heating Market Share

Report ID: GMI2130
Published Date: Nov 2024
Report Format: PDF

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Electric Underfloor Heating Market Share

Key manufacturers in the electric underfloor heating industry are implementing various strategic initiatives to gain a competitive advantage. These strategies include joint ventures, partnerships, and mergers and acquisitions. Companies aim to enhance their market position through improved brand equity, effective marketing strategies, product differentiation, and economies of scale.

Electric Underfloor Heating Market Companies

Major players operating across the industry include:

Amuheat
Butech
Danfoss
Etherma
Ezewarm
Heatcom
Hemstedt
Honeywell
Magnum Heating
nVent
Rehau
Schluter Systems
ThermoSphere
Uponor
Warmup
Watts

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The global market for electric underfloor heating was valued at USD 2.6 billion in 2024 and is estimated to grow at a 4.4% CAGR from 2025 to 2034, driven by increasing retrofitting of residential and commercial establishments and a shift towards enhanced comfort and luxury.

The new buildings segment is anticipated to exceed USD 2.1 billion by 2034, fueled by the expansion of commercial and residential establishments, new infrastructure development, and smart city initiatives.

The U.S. market is set to surpass USD 750 million by 2034, driven by increasing space heating demand, stringent emission regulations for buildings, and the adoption of energy-efficient heating solutions.

Major players in the industry include Amuheat, Butech, Danfoss, Etherma, Ezewarm, Heatcom, Hemstedt, Honeywell, Magnum Heating, nVent, and Rehau.