Market research reports, consulting: Global Market Insights Inc.

Home > Industrial Machinery > HVAC > Underfloor Heating > underfloor heating actuator market

Underfloor Heating Actuator Market Trends

Report ID: GMI4913 Published Date: July 2024Report Format: PDF
Download Free Sample
Summary
Table of Content

Underfloor Heating Actuator Market Trends

Rapid economic growth, shifting consumer trend toward energy efficient heating technologies across the emerging economies have compelled the regulators to adopt advanced heating systems, thereby creating a positive business scenario. Surging consumer demand for efficient space heating primarily in the extreme climatic regions along with shifting customer focus on luxury fittings is set to stimulate the market growth. Integration of smart technology and home automation systems along with rising demand for underfloor heating systems with zoning capabilities, allowing users to control heating levels in individual rooms or zones independently will drive the industry outlook.

Author: Ankit Gupta, Srishti Agarwal
Frequently Asked Question(FAQ) :

Who are the major underfloor heating actuator industry players? +

Danfoss, Eberle Controls GmbH, Hunt Heating, Honeywell International, Inc., Heatmiser, M

How big is the underfloor heating actuator market?+

The market size of underfloor heating actuator was reached USD 303.8 million in 2023 and is anticipated to register 4.4% CAGR between 2024 and 2032, driven by increasing standard of living along with the rising urbanization and commercialization.

How big is the Europe underfloor heating actuator industry?+

Europe underfloor heating actuator market is anticipated to reach USD 283 million by 2032, on account of majority of the demand coming from UK, Germany, and Denmark and extreme climatic conditions and stringent environment regulations to limit carbon emissions.

Why is the use of thermal underfloor heating actuator rising?+

The thermal segment in the underfloor heating actuator market is anticipated to grow at USD 429 million by 2032, on account of better utilization of the systems in small spaces including kitchen and bathrooms.

Underfloor Heating Actuator Market Scope

Related Reports

Buy Now

Premium Report Details

Download Free Sample