Home > Industrial Machinery > HVAC > Underfloor Heating > Electric Underfloor Heating Market
Electric Underfloor Heating Market size exceeded USD 2.5 billion in 2023 and is projected to expand at 4.5% CAGR from 2024 to 2032. Encouraging regulatory policies to curb the overall carbon footprint and boost the deployment of low emission heating & cooling units to foster the industry outlook
Retrofitting of existing residential establishments accompanied by rising consumer investments in comfort & luxury will proliferate the market statistics. Ongoing advancements across sustainable technologies and the growing demand for space heating units in several countries with extreme weather conditions will positively sway product deployment. Moreover, escalating urban migration along with swift expansion of multi-story residential and commercial buildings led by domestic & foreign investments will escalate the electric underfloor heating market demand.
Report Attribute | Details |
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Base Year: | 2023 |
Electric Underfloor Heating Market Size in 2023: | USD 2.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4.5% |
2032 Value Projection: | USD 3.7 Billion |
Historical Data for: | 2019 to 2023 |
No. of Pages: | 280 |
Tables, Charts & Figures: | 546 |
Segments covered: | Facility, Application |
Growth Drivers: |
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Pitfalls & Challenges: |