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Residential Hydronic Underfloor Heating Market Trends

  • Report ID: GMI7487
  • Published Date: Oct 2024
  • Report Format: PDF

Residential Hydronic Underfloor Heating Market Trends

Residential hydronic underfloor heating industry is set to expand due to growing preference for clean energy space heating solutions along with stringent building emission standards to enhance energy efficiency across residential establishments. Increasing green building projects, introduction of advance technologies and collaborative efforts to offer efficient heating in colder regions will drive the industry growth.
 

For instance, in October 2024, Haydale, in partnership with Staircraft, is developing a graphene-based underfloor heating system to address rising energy costs. The system has successfully completed initial trials, offering households a new way to reduce heating expenses. Moreover, ongoing expansion of residential establishments and increasing urbanization in developing countries has led to adoption of underfloor heating systems, significantly impacting the business dynamics.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of residential hydronic underfloor heating reached USD 2.7 billion in 2023 and is set to grow at a 6% CAGR from 2024 to 2032, driven by increasing demand for cost-effective space heating solutions and government incentives.

The single-family segment is expected to grow at a CAGR of 5.5% through 2032, driven by the rapid growth of the urban population and the expansion of residential infrastructure.

The U.S. market is set to cross USD 800 million by 2032, propelled by rising consumer interest in energy-efficient home solutions and stringent energy efficiency regulations.

Major players include Ambiente, Amuheat, Danfoss, Eckermann Heating and Cooling, HeatLink Group, Hurlcon Hydronic Heating, MAGNUM Heating, OMNIE, PIPELIFE INTERNATIONAL, REHAU, Roth, and Schlüter-Systems.

Residential Hydronic Underfloor Heating Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 28
  • Countries covered: 22
  • Pages: 105
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