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Europe Residential Electric Underfloor Heating Market Trends

Report ID: GMI8594
Published Date: Mar 2024
Report Format: PDF

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Europe Residential Electric Underfloor Heating Market Trends

Burgeoning demand for smart home integration, energy efficiency and renovation and retrofitting are shaping the industry outlook in European residential electric underfloor heating market. Technological advancements including remote access via smartphones driven by the desire of convenience and energy savings is increasing the product adoption by homeowners. Also, with the rising awareness towards environment and to save energy cost, market is witnessing a growing emphasis on energy efficient heating solutions to reduce the impact.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

European market for residential electric underfloor heating was reached USD 776.9 million in 2023 and is anticipated to grow at a CAGR of over 4.9% from 2024 to 2032, favored by demand for energy efficient heating solutions.

New buildings segment is estimated to record a 4.5% CAGR through 2032, owing to the preference for residential electric underfloor heating solutions on account of key advantage of easy and cost-effective integration during the construction phase.

Germany residential electric underfloor heating market is projected to record over USD 150 million by 2032, owing to country’s strong housing sector, favorable climate, and government support.

Ceilhit, S.L.U, Danfoss, Elektra UK, EZEWARM IRELAND LIMITED, ETHERMA Elektrowärme GmbH, Flexel, Hemstedt GmbH, Heat Mat Ltd, Klima Underfloor Heating, Mysa Smart Thermostats, MAGNUM Heating B.V., nVent, OJ Electronics A/S, Rointe, Schlüter-Systems KG, and Uponor Corporation.