The Business Research Company’s Underfloor Heating Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, May 18, 2022 /EINPresswire.com/ — According to ‘Underfloor Heating Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the underfloor heating market size is expected to grow from $4.66 billion in 2021 to $5.08 billion in 2022 at a compound annual growth rate (CAGR) of 9.15%. Asper TBRC’s global underfloor heating market research the market size is expected to reach $6.67 billion in 2026 at a CAGR of 7.03%. Strong government support and incentives toward the adoption of underfloor heating solutions are driving the underfloor heating industry growth.
The underfloor heating market consists of sales of underfloor heating systems by entities (organizations, sole traders, and partnerships) that refer to systems that warm the floor or act as a primary heat source. The different types of underfloor heating systems include hydronic underfloor heating, electric underfloor heating, heating cables, heating mats, and others. Underfloor heating works by distributing a lower temperature of warm water through a circuit of pipes under the finished floor. Heat is then monitored and controlled by intelligent thermostats to maintain a consistent temperature throughout the property or individual zones. The underfloor heating systems are used by the industries, residential, commercials, and other entities.
Global Underfloor Heating Market Trends
Strategic partnerships between companies are a recent trend that is gaining popularity in the underfloor heating market. Companies in the underfloor heating market are entering into a strategic collaboration with technology players for the development of technologically advanced underfloor heating products with innovative features.
Global Underfloor Heating Market Segments
The global underfloor heating market is segmented:
By Type: Hydronic Underfloor Heating, Electric Underfloor Heating
By Installation: New installations, Retrofit installations
By Application: Residential, Commercial, Institutional
By Geography: The global underfloor heating market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe accounts for the largest share.
Underfloor Heating Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides underfloor heating market overviews, analyzes and forecasts market size and growth for the underfloor heating global market, underfloor heating global market share, underfloor heating global market segments and geographies, underfloor heating global market trends, underfloor heating global market players, underfloor heating global market leading competitor revenues, profiles and market shares. The underfloor heating global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Underfloor Heating Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Siemens AG, Mitsubishi Electric Corporation, Pentair plc, Emersion Electric Co, Honeywell International Inc., Uponor Corporation Amuheat, Robert Bosch GmbH, Danfoss, Schneider Electric, Uponor Corporation, Schlüter-Systems Ltd., Polypipe, SALUS North America, Hurlcon Hydronic Heating, Amuheat, ESI Heating and Cooling, and Janes Radiant.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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