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Underfloor Heating Market Share

Report ID: GMI2122
Published Date: Jun 2024
Report Format: PDF

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Underfloor Heating Market Share

Key players operating across the underfloor heating industry are focusing on mergers & acquisitions, forming strategic collaborations and partnerships, joint ventures, to strengthen their competitive market share. Key players including, Danfoss, Daikin, nVent, Uponor Corporation, Warmup and Siemens among other, holds majority of the market share across the industry.

Underfloor Heating Market Companies

Major manufacturers operating across the market comprising of:

Amuheat
Danfoss
Daikin
Gaia Climate Solutions
HEATCOM CORPORATION A/S
H2O Heating Pty Ltd.
Hemstedt GmbH
Hunt Commercial
nVent
Polypipe
REHAU
Resideo Technologies Inc.
Siemens
ThermaRay
Thermo-Floor UK Limited
Thermogroup Ltd.
Uponor Corporation
Warmup
Watts

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of underfloor heating was worth more than USD 7.2 billion in 2023 and is projected to expand at 5.5% CAGR from 2024 to 2032, due to the growing inclination to curb emissions and the rising demand for reliable floor heating solutions.

The hydronic technology segment in the underfloor heating industry is projected to surpass USD 7.6 billion by 2032, owing to the rising demand for enhanced technological and efficient floor heating solutions across various applications.

The residential application segment in the underfloor heating industry is estimated to grow at over 5% CAGR between 2024 and 2032, due to the increasing urbanization and establishment of residential infrastructure.

Europe underfloor heating industry may amass over USD 5.6 billion by 2032, due to the introduction of energy efficient policies and standards along with stringent regulatory mandates pertaining to the emissions across buildings.