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Europe Commercial Underfloor Heating Market Share

Report ID: GMI11407
Published Date: Sep 2024
Report Format: PDF

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Europe Commercial Underfloor Heating Market Share

Europe Commercial Underfloor Heating Company Market Share Analysis, 2023

Key manufacturers operating across the Europe commercial underfloor heating industry are focusing on the introduction of advanced products that require shorter deployment times, whether in new projects or retrofitting initiatives. Additionally, growing emphasis on pursing strategic expansions, agreements, collaborations and partnerships for product and project development is set to enhance their market presence. Key players including Danfoss, Watts, Uponor Corporation, Warmup plc, Schlüter-Systems KG, and REHAU among other, holds majority of the market share across the industry.

Europe Commercial Underfloor Heating Market Companies

Major players operating in the industry comprising of:

Danfoss
ETHERMA Elektrowärme GmbH
Gaia Climate Solutions
HEATCOM CORPORATION A/S
Hemstedt GmbH
Hunt Commercial
MAGNUM Heating Group B.V.
MAPEI S.p.A
nVent
OJ Electronics A/S
REHAU
Schlüter-Systems KG
SunTouch
Thermo-Floor UK Limited
Uponor Corporation
Warmup Plc
Watts

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size of Europe commercial underfloor heating was worth over USD 1.2 billion in 2023 and is expected to grow at 6.1% CAGR through 2032, driven by rising demand for energy-efficient technologies and the expansion of commercial infrastructure.

The hydronic underfloor heating segment is anticipated to surpass USD 1.5 billion by 2032. The increasing demand for energy-efficient heating solutions that use water for stable temperature regulation, coupled with ongoing technological advancements, is driving this growth.

The hospitality sector is projected to grow at a CAGR of over 5.5% through 2032. The expansion of infrastructure in hotels, lodges, restaurants, resorts, and wellness centers, combined with the growing emphasis on energy-efficient heating solutions, is driving growth in this segment.

Germany is poised to become a major player in the commercial underfloor heating market, with the sector expected to reach over USD 310 million by 2032. Stringent regulations concerning carbon emissions, energy efficiency standards, and supportive government measures for sustainable heating solutions are driving the demand for underfloor heating systems in the country.

Major companies operating in the Europe Commercial Underfloor Heating Market include Danfoss, ETHERMA Elektrow