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North America Underfloor Heating Market Size

  • Report ID: GMI11273
  • Published Date: Sep 2024
  • Report Format: PDF

North America Underfloor Heating Market Size

North America Underfloor Heating Market size was valued at above USD 1.8 billion in 2023 and is projected to experience a CAGR of 4.9% through 2032. Rising demand for efficient floor heating solutions in areas experiencing extreme climatic conditions, along with a growing commitment to curb carbon emissions, will boost product demand.

 

For instance, in May 2023, British Columbia updated the target for all new buildings to achieve net-zero emissions by 2030, previously was till 2032. This regulation grants local governments the authority to either incentivize or mandate builders to comply with these standards. Moreover, ongoing development of residential & commercial building infrastructure coupled with growing inclination toward adoption of clean energy technologies will complement the industry outlook.

 

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

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.

North America Underfloor Heating Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 14
  • Countries covered: 2
  • Pages: 80
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