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Residential Underfloor Heating Market Share

Report ID: GMI8030
Published Date: Feb 2024
Report Format: PDF

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Residential Underfloor Heating Market Share

The residential underfloor heating industry consists of numerous manufacturers, suppliers, and installers, leading to a fragmented competitive landscape. The industry players are continuously focusing on introducing new technologies, energy-efficient solutions, smart home integration, and customization options as the leading strategies to gain a competitive edge & gain a new customer base. Rapid technological advancements in domestic UFH systems offering better performance, energy efficiency, and user experience is among the key parameter adopted by the market participants to maintain a competitive position in the industry.

Residential Underfloor Heating Market Companies

Major players operating in the residential underfloor heating industry include:

Amuheat
ASIASTAR co., Ltd.
Danfoss
DEVEX SYSTEMS AUSTRALIA
Elektra UK
Heat Mat Ltd
Hemstedt GmbH
Hurlcon Hydronic Heating
MAGNUM Heating B.V.
Mysa Smart Thermostats
OJ Electronics A/S
REHAU
Schlüter-Systems KG
ThermoSoft
Uponor Corporation
Warmboard, Inc.
Warmup
Watts

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of residential underfloor heating was reached USD 4.3 billion in 2023 and is anticipated to observe about 5.5% growth rate through 2032, owing to the growing demand for energy-efficient heating solutions, and stringent energy efficiency regulations & environmental concerns.

The residential hydronic underfloor heating market was valued at over USD 2.7 billion in 2023 and is set to observe a significant expansion owing to the increasing demand for affordable space heating solutions coupled with encouraging government incentives & support.

Europe residential underfloor heating market size crossed USD 2 billion in 2023 and is projected to observe substantial expansion through 2032, due to the notable shift towards low-carbon heating solutions attributed to the stern environmental regulations & sustainability goals.

Amuheat, ASIASTAR co., Ltd., Danfoss, DEVEX SYSTEMS AUSTRALIA, Elektra UK, Heat Mat Ltd., Hemstedt GmbH, Hurlcon Hydronic Heating, and MAGNUM Heating B.V. among others.