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Hydronic Underfloor Heating Market Size

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

Hydronic Underfloor Heating Market Size

Hydronic Underfloor Heating Market was valued at USD 4.6 billion in 2023 and is set to grow at a CAGR of 5.9% from 2024 to 2032, due to increasing demand for energy-efficient heating solutions. This system uses water to heat homes and buildings, offering superior comfort and consistent temperature control compared to traditional heating methods. Rising environmental awareness and the need to reduce carbon footprints are driving consumers to adopt hydronic systems, which are more sustainable and cost-effective over time. Technological advancements have improved the efficiency and installation processes, making these systems more accessible and appealing.

 

Government incentives and regulations promoting energy-efficient buildings are fuelling market expansion. Furthermore, governmental incentives and energy-efficient building mandates are amplifying market growth. The escalating construction activities, especially in the residential and commercial domains, are further bolstering the adoption of hydronic underfloor heating systems, setting the stage for sustained market expansion in the foreseeable future. The growing construction industry, particularly in residential and commercial sectors, is also contributing to the increased adoption of hydronic underfloor heating systems, positioning the market for continued 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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