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Thermal Underfloor Heating Actuator Market Analysis

  • Report ID: GMI8953
  • Published Date: Apr 2024
  • Report Format: PDF

Thermal Underfloor Heating Actuator Market Analysis

Based on application, the residential underfloor heating actuator market is projected to reach over USD 25 million by 2032 on the account of ability to regulate the temperature of individual zones in the building and requirement of no additional power including electricity or batteries. Further, provide passive control over the heating system, responding automatically to changes in temperature without the need for manual adjustments or programming, thereby driving the business scenario.
 

Commercial thermal underfloor heating actuator market valuation will cross more than USD 16 million by 2032. Key factors comprising enhanced reliability and durability, with few moving parts and minimal maintenance requirements along with ability to optimize energy usage and improve overall system efficiency will strengthen the market growth. In addition, the actuators are compatible with most hydronic underfloor heating systems and can be easily integrated into new installations or retrofitted into existing systems, which will foster the business scenario.
 

North America Thermal Underfloor Heating Actuator Market Size, By Country, 2022-2032 (USD Million)

North America underfloor heating actuator market revenue to cross USD 45 million by 2032. Growing interest in energy-efficient heating solutions driven by concerns about energy costs, environmental sustainability, and regulatory requirements along with incorporate modern amenities, comfort features, and energy-efficient technologies into new construction projects and renovations will influence the product adoption. Increased demand for intelligent heating solutions that offer greater control, convenience, and energy savings coupled with integration with smart home automation systems, allowing users to remotely control heating settings, program schedules, and optimize energy usage based on occupancy patterns and preferences is set to drive the industry scenario.
 

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of thermal underfloor heating actuator was recorded USD 29.8 million in 2023 and is projected to expand at 4.7% CAGR from 2024 to 2032, owing to the growing demand for energy-efficient heating solutions.

Residential thermal underfloor heating actuator market is projected to surpass USD 25 million by 2032, due to its ability to regulate the temperature of individual zones in the building and requirement of no additional power including electricity or batteries.

North America thermal underfloor heating actuator market size is estimated to record USD 45 million by 2032 and is expected to expand at notable CAGR from 2024 to 2032, owing to the surging demand for intelligent heating solutions offering greater control, convenience, and energy savings.

Danfoss, Eberle Controls GmbH, Heatmiser, Honeywell International, Inc., Möhlenhoff GmbH, Oventrop GmbH & Co. KG, Sauter AG, Siemens AG, SMLGHVAC, Uponor, Warmup are some of the major thermal underfloor heating actuator companies worldwide.

Thermal Underfloor Heating Actuator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 150
  • Countries covered: 28
  • Pages: 100
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