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Residential Underfloor Heating Market Size

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

Residential Underfloor Heating Market Size

Residential Underfloor Heating Market was estimated at over USD 4.3 billion in 2023 and is is likely to grow at over 5.5% CAGR during 2024 to 2032. The growing demand for energy-efficient heating solutions driven by stringent energy efficiency regulations & environmental concerns along with the growing requirement to reduce heating costs will favor the industry landscape.

 

Growing inclination to integrate underfloor heating (UFH) with other renewable energy sources including heat pumps, solar thermal systems, and geothermal energy has significantly catered to the product adoption. In addition, the combination of these renewable energy sources can further enhance the energy efficiency & sustainability of the UFH systems, reducing carbon emissions and reliance on fossil fuels across the existing and new building infrastructures.
 

Underfloor heating is a heating technique used to warm indoor spaces by dispersing heat through the floor. This method entails the installation of heating elements or pipes underneath the floor surface to emit heat upwards, thereby heating the room from the bottom. There underfloor heating systems are primary differentiated into two key technologies namely electric and hydronic utilizing electric heating cables or mats and pipes installed beneath the floor, respectively, to serve the space heating requirements across the households. The technology provides uniform heat distribution across the floor limiting cold spot areas along with quiet operation to deliver comfortable heating.

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.

Residential Underfloor Heating Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 416
  • Countries covered: 22
  • Pages: 305
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