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Residential Electric Underfloor Heating Market Share

Report ID: GMI5724
Published Date: Nov 2024
Report Format: PDF

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Residential Electric Underfloor Heating Market Share

The residential electric underfloor heating sector is experiencing significant shifts driven by ongoing product development and strategic business approaches. Leading companies are actively launching innovative solutions that offer enhanced performance, directly impacting their competitive standing. This focus on advancement, combined with the implementation of new business strategies, is reshaping the market's competitive environment. As a result, industry players are focusing to balance product innovation with effective market strategies are likely to gain a competitive edge in this evolving industry.

Residential Electric Underfloor Heating Market Companies

Major manufacturers operating across the industry consist of:

AsiaStar
Danfoss
Devex Systems Australia
Elektra UK
Ezewarm Ireland
Gold Heat
Heat Mat
Hemstedt
Magnum Heating
Mysa Smart Thermostats
nVent
OJ Electronics
Schluter-Systems
SunTouch
ThermoSoft
Uponor
Warmup

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The global market for residential electric underfloor heating was reached USD 1.7 billion in 2024 and is projected to grow at a 4.5% CAGR from 2025 to 2034, driven by the increasing focus on reducing GHG emissions from homes.

The market for electric underfloor heating in single-family residences is anticipated to exceed USD 1.5 billion by 2034, attributed to the increasing construction of detached houses and a rising consumer preference for spacious living environments.

The new construction segment is projected to observe a growth rate of over 4% through 2034, led by the increasing adoption of sustainable building practices and the integration of energy-efficient systems in modern structures.

The U.S. residential underfloor heating market is set to reach USD 470 million by 2034, supported by shifting consumer preferences towards modern heating solutions and stringent regulatory guidelines promoting energy efficiency.

Major manufacturers in the industry include AsiaStar, Danfoss, Devex Systems Australia, Elektra UK, Ezewarm Ireland, Gold Heat, Heat Mat, Hemstedt, Magnum Heating, Mysa Smart Thermostats, nVent, OJ Electronics, Schluter-Systems, SunTouch, ThermoSoft, Uponor, and Warmup.