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North America Underfloor Heating Market Trends

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

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North America Underfloor Heating Market Trends

The underfloor heating market is set to witness significant growth on account of rising demand for space heating along with implementation of stringent regulatory compliances driven by replacement of traditional heating systems. Stringent mandates toward improvement of energy efficiency building structures and ongoing adoption of enhanced technologies will favor the business dynamics.

For instance, in April 2024, the Department of Energy unveiled a Clean Energy Rule targeting new constructions and renovations nationwide. This regulation aims to significantly reduce emissions from buildings, steering them towards achieving net-zero carbon emissions in their infrastructure by 2045. Furthermore, increasing urban migration has led to expansion of building infrastructure and increasing investments for development of green building structures will positively influence 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.