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Europe Electric Underfloor Heating Market Size

Report ID: GMI5848 Published Date: November 2024Report Format: PDF
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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.

 

Europe Electric Underfloor Heating Market

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.

Author: Ankit Gupta, Manish Dhiman
Frequently Asked Question(FAQ) :

What is the projected value of the new buildings segment by 2034?+

The new buildings segment is anticipated to exceed USD 1 billion by 2034, fueled by the integration of smart building technologies and the expansion of residential and commercial infrastructures.

How big is the Europe Electric Underfloor Heating Market?+

The European market for electric underfloor heating was reached USD 1.2 billion in 2024 and is projected to grow at a CAGR of 4.7% from 2025 to 2034, driven by the increasing importance of space heating and energy-efficient systems.

What is the expected growth rate of the residential segment through 2034?+

The residential segment is expected to witness a CAGR of over 4.5% through 2034, supported by increased investments in residential construction and stringent energy efficiency mandates.

How much is the Germany electric underfloor heating market expected to be worth by 2034?+

The Germany electric underfloor heating market is predicted to reach USD 230 million by 2034, driven by rising demand for space heating and stringent emission reduction regulations.

Who are the major players in the Europe Electric Underfloor Heating Market?+

Major players in the industry include Butech, Danfoss, Elektra, Etherma, Ezewarm, Heat Mat, Heatcom, Hemstedt, Magnum Heating, Nu-Heat, nVent, OJ Electronics, Schluter-Systems, Uponor, and Warmup.

Europe Electric Underfloor Heating Market Scope

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