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Key players in the North America underfloor heating industry are actively introducing new products and technologies, mergers & acquisitions, pursuing strategic collaborations, partnerships, and entering joint ventures to bolster their competitive market share. Major players, including Danfoss, Emerson Electric, Uponor Corporation, nVent, and Warmup, holds the majority of industry's market share.
Major manufacturers operating across the market comprising of:
North America underfloor heating industry Size was valued at above USD 1.8 billion in 2023 and is projected to experience a CAGR of 4.9% through 2032, due to the rising demand for efficient floor heating solutions in areas experiencing extreme climatic conditions.
Residential segment is set to witness a CAGR of over 4.5% through 2032, driven by rapidly growing urban population along with ongoing research and development initiatives toward development of clean building infrastructure.
U.S. underfloor heating market is set to surpass USD 2 billion by 2032, driven by the increasing demand for advance floor heating solutions, alongside stringent regulations toward energy-efficient and low emission building infrastructure.
Emerson Electric Co., FloorHeat LLC, Gold Heat, nVent, REHAU, Resideo Technologies Inc., Schluter Systems, STEP HEAT, and SunTouch among others.