Product Code: PM2445
The global underfloor heating market size is expected to reach USD 8.80 billion by 2030 according to a new study by Polaris Market Research. The report "Underfloor Heating Market Share, Size, Trends, Industry Analysis Report, By Product (Hydronic Underfloor Heating, Electric Underfloor Heating); By Installation (New Installation, Retrofit Installation), By Offering; By Application; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The major factors favoring the industry growth include the rising need for a high level of flexibility and comfort in residential buildings, government support and incentives for the implementation of UFH solutions, and the ongoing trend of residential infrastructure development. Moreover, the global industry is regulated under different standards and regulations associated with CO2 emissions. This has further created the demand for energy-efficient UFH solutions.
Furthermore, the proliferation of electric underfloor heating is expected to create lucrative growth opportunities for the market during the forecast period. This is mainly attributed to the easier installation and less space requirement as compared with the traditional hydronic underfloor heating.
The residential segment dominated the global market in 2021 due to the rise in awareness about the advantages of systems in residential properties among the end-users. For instance, residential UFH offers superior all-around comfort, flexibility in room temperature, low maintenance costs, and simple energy efficiency.
Asia Pacific is anticipated to witness the highest growth in the global market. The growth of the industry in this region is driven by considerable economic transformation and rapid urbanization in developing countries. In addition, the flourishing residential housing sector coupled with the smart city projects across the countries such as India and China are anticipated to create lucrative growth opportunities for the industry. For instance, China government announced to build low-cost rental housing by 2025, under the drive for "common prosperity". Under the initiative, around 6.5 Mn homes for leasing purposes are expected to be built in around 40 cities by 2025.
Market participants such as Nvent Electric PLC, Danfoss, Emerson Electric Co., Incognito Heat Co., Mitsubishi Electric, Myson, Nexans, Siemens AG, Rehau, Resideo Technologies Inc, Robert Bosch GmbH, Amuheat, Uponor Corporation, Schneider Electric, and Warmup are some of the key players operating in the global market.
For instance, in December 2021, RWC introduced a new UFH solution to supplement JG LowFit. On the other hand, in March 2021, nVent Electric plc announced a new update to its premium nVent RAYCHEM SENZ WIFI electric thermostat.
Polaris Market Research has segmented the underfloor heating market report on the basis of offering, product, installation, application, and region:
Underfloor Heating, Offering Outlook (Revenue - USD Billion, 2018 - 2030)
Hardware
Service
Underfloor Heating, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Hydronic
Electric
Underfloor Heating, Installation Outlook (Revenue - USD Billion, 2018 - 2030)
New Installation
Retrofit Installation
Underfloor Heating, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Residential
Commercial
Industrial
Healthcare
Sports & Entertainment
Others
Underfloor Heating, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Russia
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Underfloor Heating Market Insights
- 4.1. Underfloor Heating - Industry Snapshot
- 4.2. Underfloor Heating Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Government support and incentives for the adoption of underfloor heating solutions
- 4.2.1.2. Technological advancements and digitalization in underfloor heating
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Floor and setup issues during installation
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Underfloor Heating Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Underfloor Heating Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 5.3. Residential
- 5.3.1. Global Underfloor Heating Market, by Residential, by Region, 2018 - 2030 (USD Billion)
- 5.4. Commercial
- 5.4.1. Global Underfloor Heating Market, by Commercial, by Region, 2018 - 2030 (USD Billion)
- 5.5. Industrial
- 5.5.1. Global Underfloor Heating Market, by Industrial, by Region, 2018 - 2030 (USD Billion)
- 5.6. Healthcare
- 5.6.1. Global Underfloor Heating Market, by Healthcare, by Region, 2018 - 2030 (USD Billion)
- 5.7. Sports & Entertainment
- 5.7.1. Global Underfloor Heating Market, by Sports & Entertainment, by Region, 2018 - 2030 (USD Billion)
- 5.8. Others
- 5.8.1. Global Underfloor Heating Market, by Other Applications, by Region, 2018 - 2030 (USD Billion)
6. Global Underfloor Heating Market, by Offering
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 6.3. Hardware
- 6.3.1. Global Underfloor Heating Market, by Hardware, by Region, 2018 - 2030 (USD Billion)
- 6.4. Service
- 6.4.1. Global Underfloor Heating Market, by Service, by Region, 2018 - 2030 (USD Billion)
7. Global Underfloor Heating Market, by Product
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 7.3. Hydronic
- 7.3.1. Global Underfloor Heating Market, by Hydronic, by Region, 2018 - 2030 (USD Billion)
- 7.4. Electric
- 7.4.1. Global Underfloor Heating Market, by Electric, by Region, 2018 - 2030 (USD Billion)
8. Global Underfloor Heating Market, by Installation
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 8.3. New Installation
- 8.3.1. Global Underfloor Heating Market, by New Installation, by Region, 2018 - 2030 (USD Billion)
- 8.4. Retrofit Installation
- 8.4.1. Global Underfloor Heating Market, by Retrofit Installation, by Region, 2018 - 2030 (USD Billion)
9. Global Underfloor Heating Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Underfloor Heating Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 9.3. Underfloor Heating Market - North America
- 9.3.1. North America: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.2. North America: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.3.3. North America: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.3.4. North America: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.5. Underfloor Heating Market - U.S.
- 9.3.5.1. U.S.: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.5.2. U.S.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.3.5.3. U.S.: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.3.5.4. U.S.: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.3.6. Underfloor Heating Market - Canada
- 9.3.6.1. Canada: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.3.6.2. Canada: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.3.6.3. Canada: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.3.6.4. Canada: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4. Underfloor Heating Market - Europe
- 9.4.1. Europe: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.2. Europe: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.3. Europe: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.4. Europe: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.5. Underfloor Heating Market - UK
- 9.4.5.1. UK: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.5.2. UK: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.5.3. UK: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.5.4. UK: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.6. Underfloor Heating Market - France
- 9.4.6.1. France: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.6.2. France: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.6.3. France: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.6.4. France: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.7. Underfloor Heating Market - Germany
- 9.4.7.1. Germany: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.7.2. Germany: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.7.3. Germany: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.7.4. Germany: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.8. Underfloor Heating Market - Italy
- 9.4.8.1. Italy: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.8.2. Italy: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.8.3. Italy: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.8.4. Italy: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.9. Underfloor Heating Market - Spain
- 9.4.9.1. Spain: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.9.2. Spain: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.9.3. Spain: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.9.4. Spain: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.10. Underfloor Heating Market - Netherlands
- 9.4.10.1. Netherlands: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.10.2. Netherlands: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.10.3. Netherlands: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.10.4. Netherlands: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.4.11. Underfloor Heating Market - Russia
- 9.4.11.1. Russia: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.4.11.2. Russia.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.4.11.3. Russia: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.4.11.4. Russia: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5. Underfloor Heating Market - Asia Pacific
- 9.5.1. Asia Pacific: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.2. Asia Pacific: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.3. Asia Pacific: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.4. Asia Pacific: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.5. Underfloor Heating Market - China
- 9.5.5.1. China: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.5.2. China.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.5.3. China: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.5.4. China: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.6. Underfloor Heating Market - India
- 9.5.6.1. India: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.6.2. India.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.6.3. India: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.6.4. India: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.7. Underfloor Heating Market - Japan
- 9.5.7.1. Japan: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.7.2. Japan.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.7.3. Japan: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.7.4. Japan: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.8. Underfloor Heating Market - Malaysia
- 9.5.8.1. Malaysia: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.8.2. Malaysia.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.8.3. Malaysia: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.8.4. Malaysia: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.9. Underfloor Heating Market - Indonesia
- 9.5.9.1. Indonesia: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.9.2. Indonesia.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.9.3. Indonesia: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.9.4. Indonesia: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.5.10. Underfloor Heating Market - South Korea
- 9.5.10.1. South Korea: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.5.10.2. South Korea.: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.5.10.3. South Korea: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.5.10.4. South Korea: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.6. Underfloor Heating Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.2. Middle East & Africa: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.6.3. Middle East & Africa: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.6.4. Middle East & Africa: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.5. Underfloor Heating Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.5.2. Saudi Arabia: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.6.5.3. Saudi Arabia: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.6.5.4. Saudi Arabia: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.6. Underfloor Heating Market - South Africa
- 9.6.6.1. South Africa: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.6.2. South Africa: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.6.6.3. South Africa: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.6.6.4. South Africa: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.7. Underfloor Heating Market - Israel
- 9.6.7.1. Israel: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.7.2. Israel: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.6.7.3. Israel: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.6.7.4. Israel: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.6.8. Underfloor Heating Market - UAE
- 9.6.8.1. UAE: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.6.8.2. UAE: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.6.8.3. UAE: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.6.8.4. UAE: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.7. Underfloor Heating Market - Latin America
- 9.7.1. Latin America: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.2. Latin America: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.7.3. Latin America: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.7.4. Latin America: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.5. Underfloor Heating Market - Mexico
- 9.7.5.1. Mexico: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.5.2. Mexico: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.7.5.3. Mexico: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.7.5.4. Mexico: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.6. Underfloor Heating Market - Brazil
- 9.7.6.1. Brazil: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.6.2. Brazil: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.7.6.3. Brazil: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.7.6.4. Brazil: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
- 9.7.7. Underfloor Heating Market - Argentina
- 9.7.7.1. Argentina: Underfloor Heating Market, by Application, 2018 - 2030 (USD Billion)
- 9.7.7.2. Argentina: Underfloor Heating Market, by Installation, 2018 - 2030 (USD Billion)
- 9.7.7.3. Argentina: Underfloor Heating Market, by Offering, 2018 - 2030 (USD Billion)
- 9.7.7.4. Argentina: Underfloor Heating Market, by Product, 2018 - 2030 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Amuheat
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Danfoss
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Emerson Electric Co.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Incognito Heat Co.
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Mitsubishi Electric
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Myson
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Nexans
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Nvent Electric PLC
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Rehau
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Resideo Technologies Inc
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Robert Bosch GmbH
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. Schneider Electric
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development
- 11.13. Siemens AG
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Recent Development
- 11.14. Uponor Corporation
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Benchmarking
- 11.14.4. Recent Development
- 11.15. Warmup
- 11.15.1. Company Overview
- 11.15.2. Financial Performance
- 11.15.3. Product Benchmarking
- 11.15.4. Recent Development