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Residential Underfloor Heating Actuator Market Share

Report ID: GMI7795
Published Date: Jan 2024
Report Format: PDF

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Residential Underfloor Heating Actuator Market Share

Eminent players operating in the residential underfloor heating actuator industry are:

Danfoss
Uponor
Ambiente
Eberle Controls GmbH
Honeywell International, Inc.
Mohlenhoff GmbH
Polypipe
Siemens AG
Schluter-Systems Ltd.
Warmup
Hunt Heating
Heatmiser
Oventrop GmbH & Co. KG
SHANGHAI SMLG THERMOSTATIC TECHNOLOGY CO.,LTD
Sauter AG
Theben AG

Eminent industry players are prioritizing inorganic growth strategies, expanding their facilities, and forming strategic partnerships to widen their product range, thereby reaching more customers, and strengthening their market position. Shifting trends toward acquisitions, new product developments, coupled with the geographic expansion of the key manufacturers, is anticipated to increase the market competition during the forecast times.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of residential underfloor heating actuator was worth USD 181.2 million in 2023 and is expected to reach USD 273.4 million by 2032, owing to the rising concerns about environmental impact coupled with the increasing governmental incentives to promote energy-efficient heating solutions.

Residential underfloor heating actuator industry from the thermal product segment is projected to surpass USD 160 million by 2032, owing to the increasing emphasis on energy-efficient solutions along with key features comprising programmable settings and adaptive algorithms.

Europe residential underfloor heating actuator industry is expected to register over 4% CAGR from 2024 to 2032, due to integration of smart controls and innovative heating elements to optimize energy consumption in line with increase in extreme climatic conditions, including cold winters in the region.

Danfoss, Uponor, Ambiente, Eberle Controls GmbH, Honeywell International, Inc., Möhlenhoff GmbH, Polypipe, Siemens AG, Schlüter-Systems Ltd., Warmup, Hunt Heating, and Heatmiser are some of the major residential underfloor heating actuator companies worldwide.