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Hydronic Underfloor Heating Market Analysis

  • Report ID: GMI268
  • Published Date: Jul 2024
  • Report Format: PDF

Hydronic Underfloor Heating Market Analysis

Based on facility, the new buildings segment is expected to cross USD 7.1 billion by 2032, owing to experiencing robust growth, particularly in the residential and commercial sectors. New building projects are incorporating advanced heating solutions to meet modern standards of energy efficiency and comfort. The adoption of hydronic underfloor heating systems in new constructions is facilitated by the ability to seamlessly integrate these systems during the building phase, leading to cost savings and enhanced design flexibility.
 

Hydronic Underfloor Heating Market Revenue Share, By Application, 2023

Based on application, the residential segment is likely to register about 5.8% CAGR through 2032, since homeowners are increasingly seeking energy-efficient heating solutions to reduce energy consumption and lower utility bills. Hydronic underfloor heating systems are more efficient than traditional heating methods, as they operate at lower temperatures while providing consistent warmth. This energy efficiency is highly appealing in residential settings where cost savings over the long term are a significant consideration.
 

Europe Hydronic Underfloor Heating Market Revenue Size, 2022 - 2032, (USD Billion)

Europe hydronic underfloor heating market is anticipated to surpass USD 4.3 billion by 2032, on account of its most stringent energy efficiency regulations in the world. The European Union's directives, such as the Energy Performance of Buildings Directive (EPBD), mandate high energy efficiency standards for new buildings and renovations. These regulations encourage the adoption of energy-efficient heating solutions like hydronic underfloor heating systems, which can significantly reduce energy consumption and carbon emissions.
 

The U.S. has seen a growing emphasis on energy efficiency across residential, commercial, and industrial sectors. Hydronic underfloor heating systems are highly efficient and align well with national and state-level goals to reduce energy consumption and carbon footprints. The push for greener building practices drives the adoption of such systems. As a global leader in technological innovation, the U.S. is home to numerous companies developing advanced heating technologies. This innovation includes the creation of more efficient hydronic systems, smart thermostats, and integration with home automation systems. Such advancements improve the performance and appeal of hydronic underfloor heating systems, driving market growth.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of hydronic underfloor heating was crossed USD 4.6 billion in 2023 and is anticipated to register 5.9% CAGR between 2024 and 2032, due to increasing demand for energy-efficient heating solutions.

The new buildings segment in the hydronic underfloor heating market is expected to reach USD 7.1 billion by 2032, owing to robust growth, particularly in the residential and commercial sectors.

Europe hydronic underfloor heating market is anticipated to cross USD 4.3 billion by 2032, on account of stringent energy efficiency regulations.

Amuheat, Daikin, Danfoss, Eberle by Schneider Electric, H2O Heating Pty Ltd., Honeywell International, Inc., Hunt Heating, Hurlcon Hydronic Heating, Mitsubishi Electric Corporation, Polypipe, and REHAU AG, among others.

Hydronic Underfloor Heating Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 15
  • Countries covered: 21
  • Pages: 110
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