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(IT-NEWSWIRE.COM, February 01, 2018 ) The Global Underfloor Heating Market accounted to USD 2.7 billion in 2016 growing at a CAGR of 8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Underfloor Heating Market, By Components {Electric System Components (Heating Cables, Sensor and Thermostat, Heating Mats) Hydronic system components (Heating Pipes, Manifolds, Sensor and Thermostat}; Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa); Type (Hydronic Underfloor Heating Systems, Electric Underfloor Heating systems); Application{Residential(Single-Family Houses, Apartments), Commercial (Retail, Transportation and Logistics, Hospitality), Healthcare, Entertainment, Industrial Sector, Others)}; – Industry Trends and Forecast to 2024
Report Consists of -
No of pages: 350
No of Figures: 60
No of Tables: 220
Competitive Analysis
Global underfloor heating market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
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Top Competitors of Market
Honeywell International Inc., Siemens AG, Mitsubushi Motor Corporation, Schneider Electric SE, Nexans S.A, Incognito Heat Co., Myheat Electric, Rayotec Ltd., Uponor Corporation, Danfoss A/S, Emersion Electric Co, Pentair PLC, Robert Bosch GmbH, Robot Underfloor Heating Demotek, Rehau, Project Heating Co. Ltd., Uhea,, Warmup, Toshiba Corporation, Speedheat Underfloor Heating, Solfex Ltd., Jupiter Underfloor Heating, Flexel, Underfloor Heating Company
Market Segmentation
On the basis of application the global underfloor heating market is segmented into residential, commercial healthcare, entertainment, industrial sector, and others. The commercial market is expected to grow in the forecasted period.
On the basis of type, the global underfloor heating market is segmented into hydronic underfloor heating systems and electric underfloor heating systems market is expected to grow in the forecasted period.
On the basis of components, the global underfloor heating market is segmented into electric system components market. The hydronic system components are expected to grow in the forecasted period.
The electric system components are further segmented into heating cables, sensor and thermostat, heating mats. The heating cables are expected to grow in the forecast period.
The hydronic system components are further segmented into heating pipes, manifolds, sensor and thermostat. The heating pipes market is expected to grow in the forecasted period.
On the basis of geography, the global underfloor heating market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Market Drivers and Restraints
Increasing Construction Activities Boost the Demand for Underfloor Heating Systems Increasing Automation in Commercial, Industrial, and Residential Sector Increasing Awareness about Energy Efficiency and Renewable Energy Technology Increasing Awareness about the Benefits of Underfloor Heating Tax Credit Programs by Government Growing Quality Of New Building Techniques such as Insulation And Controls
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