Europe Electric Underfloor Heating Market Size – By Facility, By Application, Analysis, Share, Growth Forecast, 2025 - 2034
Report ID: GMI5848
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Published Date: May 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 12
Countries covered: 6
Pages: 90
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Europe Electric Underfloor Heating Market Size
Europe Electric Underfloor Heating Market was valued at USD 1.2 billion in 2024 and is projected to grow at a CAGR of 4.7% from 2025 to 2034. Increasing importance of space heating, the adoption of energy-efficient systems, a shifting focus on indoor comfort, and initiatives to reduce energy consumption and costs is complementing the industry landscape. European nations have implemented financial incentives to promote the installation of energy efficient space heating systems, further propelling the business outlook.
Favorable measures aim to decrease reliance on fossil fuel-powered heating systems in buildings, introduction of policies by regional authorities to reduce greenhouse gas emissions and support the energy efficiency of building infrastructure is positively influencing industry dynamics. For instance, in May 2024, the EU implemented the revised Energy Performance of Buildings Directive across all member states. This update aims to boost renovation rates, especially for buildings with poor energy performance. The directive also supports better building energy system digitalization, and sustainable transportation infrastructure development.
Europe Electric Underfloor Heating Market Trends
The Europe electric underfloor heating industry is set to grow driven by the rapid expansion of building infrastructure, population growth, increasing urbanization, demand for space heating solutions. Shifting focus to reduce energy consumption and greenhouse gas emissions in the regional building infrastructure and consumer inclination toward ambient indoor comfort is complementing the business landscape. Furthermore, increasing focus on enhancing building energy efficiency, efficient smart building technologies, reliable heating, and cooling systems, is shaping market dynamics.
Europe Electric Underfloor Heating Market Analysis
The new buildings segment is anticipated to reach more than USD 1 billion by 2034. The growing emphasis on improved indoor temperature, integration of smart building technologies, expansion of residential and commercial building infrastructure is complementing the industry growth. The ongoing expansion of the real estate sector, rising consumer awareness toward reducing energy consumption, and increasing development of smart city projects are fostering industry growth. These systems' ability to easily integrate into new buildings, heat specific areas and zones while reducing heat loss and enhancing cost savings, is further augmenting the business dynamics.
The residential segment is anticipated to witness a CAGR of over 4.5% through 2034. Increased investments for construction of residential buildings, stringent energy efficiency and climate targets for the building infrastructure, rising demand for reliable space heating, is complementing the industry landscape. Ongoing expansion of multi-unit residential infrastructure, developments in urban areas, aiming to optimize space utilization and enhance infrastructure support, will contribute to the industry growth. Stringent energy performance mandates, rapid economic growth, and consumer inclination toward energy efficient solutions will augment the residential electric underfloor heating business outlook.
Germany electric underfloor heating market is predicted to hit USD 230 million by 2034. Rising demand for space heating, varying climatic conditions, stringent emission reduction regulations for residential, commercial, and industrial buildings, and financial incentive schemes supporting low carbon heating alternatives, are driving the industry growth. For instance, in April 2024, Germany's new funding program for energy-efficient buildings offering grants for installing renewable heating systems and improving building energy performance. Homeowners and businesses can get up to 70% of costs covered when replacing old fossil-fuel heating with renewable options in existing buildings. Moreover, changing consumer preferences for zonal heating solutions in different areas, together with a positive outlook towards sustainable heating systems, will complement the industry outlook.
Europe Electric Underfloor Heating Market Share
Major companies in the Europe electric underfloor heating industry are pursuing strategic alliances, mergers & acquisitions, and partnerships to strengthen their industry position and drive technological advancements. Through alliances and partnerships, companies can collaborate on research and development initiatives and expand their market presence. Additionally, mergers & acquisitions allow firms to boost their product research, market position, enhance their competitive advantage, and acquire new capabilities across the industry.
Europe Electric Underfloor Heating Market Companies
Major players operating across the industry include:
Europe Electric Underfloor Heating Industry News
This Europe electric underfloor heating market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2034 for the following segments:
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Market, By Facility
Market, By Application
The above information has been provided for the following countries: