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Europe Electric Underfloor Heating Market Size
- Report ID: GMI5848
- Published Date: Nov 2024
- Report Format: PDF
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Europe Electric Underfloor Heating Market Size in 2024: | USD 1.2 Billion |
| Forecast Period: | 2025 – 2034 |
| Forecast Period 2025 – 2034 CAGR: | 4.7% |
| 2025 – 2034 Value Projection: | USD 1.9 Billion |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 90 |
| Tables, Charts & Figures: | 12 |
| Segments covered: | Facility, Application and Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Electric Underfloor Heating Market Scope
