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Residential Underfloor Heating Actuator Market Trends

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

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Residential Underfloor Heating Actuator Market Trends

Actuators enable zoning, allowing homeowners to customize temperature settings for individual rooms or zones, enhancing the overall comfort. Gaining popularity of wireless communication technologies, including Wi-Fi or Bluetooth in line with development of designs focusing on space efficiency and reduced noise during operation will increase the product adoption. Manufacturers offering competitive prices in comparison to alternative heating solutions in conjunction with awareness campaigns highlighting the energy efficiency, comfort, and space-saving advantages will further contribute to the industry growth.

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.