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Europe commercial underfloor heating industry is anticipated to grow on account of increasing demand for reliable floor heating solutions across commercial infrastructure coupled with focus on limiting carbon emissions. Rapid expansion of commercial infrastructure driven by energy efficiency building standards and increasing urbanization will foster the product demand. For instance, in December 2023, the European Commission updated energy efficiency rules for buildings. These rules require a gradual improvement of non-residential buildings, adhering to minimum energy performance standards. Consequently, by 2030, 16% of the least efficient buildings are slated for renovation, with an increase to 26% by 2033.
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.
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 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.
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