Home > Industrial Machinery > HVAC > Underfloor Heating > Asia Pacific Residential Underfloor Heating Actuator Market

Asia Pacific Residential Underfloor Heating Actuator Market Size - By Product (Thermal, Motoric), Country Outlook & Forecast, 2024 – 2032

  • Report ID: GMI8862
  • Published Date: Apr 2024
  • Report Format: PDF

Asia Pacific Residential Underfloor Heating Actuator Market Size

Asia Pacific Residential Underfloor Heating Actuator Market was valued at USD 50.8 million in 2023 and is anticipated to grow at a CAGR of 5.3% from 2024 to 2032.
 

Asia Pacific Residential Underfloor Heating Actuator Market

To get key market trends   Download Free Sample

Homeowners seeking to invest in heating systems to improve indoor comfort and well-being along with rising energy costs and environmental concerns will encourage the product adoption. Rising urbanization, population growth, and economic development along with increasing integration of these system into new residential construction projects will enhance the business landscape. For instance, according to the Asia Pacific Population and Development Report 2023, the population figure in 2023 was estimated over 4.7 billion and is expected to grow over 5.2 billion by 2050.
 

Asia Pacific Residential Underfloor Heating Actuator Market Trends

Growing emphasis on reducing utility bills and minimizing the environmental impact in line with increasing utilization of energy for heating and cooling will enhance the industry dynamics. For instance, in 2021, according to IEA, the Total Final Consumption (TFC) by businesses and industry to heat and cool buildings for residential was 19& and industry was 42% in Asia Pacific region. Additionally, the ability of these systems to reduce air movement and circulating dust will contribute to improved indoor air quality and health outcomes.
 

Asia Pacific Residential Underfloor Heating Actuator Market Analysis

Asia Pacific Residential Underfloor Heating Actuator Market Share, By Product, 2023
Learn more about the key segments shaping this market   Download Free Sample

Based on product, the thermal residential underfloor heating actuator market is projected to reach over USD 76 million by 2032 on the account of desires for a cozy and comfortable living environment combined with ongoing advancements in technology, including smart thermostats and wireless connectivity. Further, rising renovation activities in residential buildings, driven by aging infrastructure and homeowner’s desire to upgrade their properties will boost the product demand.
 

Motoric dual axis solar tracker witnessed a market share of over 6.5% in 2023. It allows homeowners to control and adjust heating settings remotely via smartphones or voice commands in conjunction with ability to customize heating levels enhances comfort and satisfaction among homeowners which will propel the market growth. Moreover, versatility and compatibility of these actuators make them suitable for retrofit applications which will foster the business scenario.
 

China Residential Underfloor Heating Actuator Market Size, 2022 – 2032 (USD Million)
Learn more about the key segments shaping this market   Download Free Sample

China residential underfloor heating actuator market is likely to cross over USD 68.5 million by 2032. Regulatory initiatives and building codes mandating energy efficient heating systems in residential buildings along with shift towards sustainable heating solutions will influence the industry outlook. For instance, the regulation on civil buildings in China includes residential & commercial buildings and aims at strengthening energy conservation management & raising energy efficiency. Furthermore, increasing prominence on health and hygiene coupled with capability to enable space-saving heating solutions in urban dwellings where space is limited will fuel the business potential.
 

Asia Pacific Residential Underfloor Heating Actuator Market Share

Asia Pacific Residential Underfloor Heating Actuator Company Market Share
Looking for region specific data?   Download Free Sample

Danfoss, Eberle Controls GmbH, Heatmiser, Honeywell International, Inc., Möhlenhoff GmbH and Sauter AG holds majority of the industry share. Manufacturers invest in research and development to improve product quality, reliability, and efficiency, ensuring that underfloor heating actuators meet industry standards and customer expectations. In addition, supplier agreements ensure a steady and reliable supply of components and materials necessary for actuator production, while distributor agreements expand market reach and enhance product availability for consumers.
 

Asia Pacific Residential Underfloor Heating Actuator Market Companies

Major key players operating across the residential underfloor heating actuator industry include:

  • Danfoss
  • Eberle Controls GmbH
  • Heatmiser
  • Honeywell International, Inc.
  • Möhlenhoff GmbH
  • Oventrop GmbH & Co. KG
  • Sauter AG
  • SHANGHAI SMLG THERMOSTATIC TECHNOLOGY CO., LTD
  • Siemens AG
  • SMLGHVAC
  • Uponor
  • Warmup
     

Asia Pacific Residential Underfloor Heating Actuator Industry News

  • In September 2022, ANDRIANOS has introduced the ENGO E30NC230 thermal actuator for underfloor heating systems. It is designed for use with zone valves or thermostatic manifold valves, allowing users to control room temperature by adjusting the flow of the heating medium in the loop. It will support the company enhance its market presence with an advanced product portfolio equipped with modern design, high durability, and advanced features. Further, it aims at maintaining a competitive edge against other manufacturers.
     
  • In March 2022, Danfoss launched A5 Series Electronic Valve Actuators including the ABRA A5 and ABNM A5 models. These are designed for electrically controlling valves in hot and chilled water systems with reduced energy consumption. Further, the company aims to provide efficient, high-quality, and adaptable solutions to meet various heating and cooling system requirements.
     

This Asia Pacific residential underfloor heating actuator market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in ‘‘000 Units & USD Million’ from 2019 to 2032, for the following segments:

Click here to Buy Section of this Report


Market, By Product

  • Thermal
  • Motoric

The above information has been provided for the following countries:

  • China
  • Japan
  • Australia
  • India
  • South Korea

 

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

Asia Pacific market for residential underfloor heating actuator was reached USD 50.8 million in 2023 and will record 5.3% CAGR between 2024 and 2032, owing to rapid urbanization, coupled with growing population and the increasing demand for efficient heating solutions.
The thermal segment in the Asia Pacific residential underfloor heating actuator industry will reach USD 76 million by 2032, primarily attributed to its efficient temperature control, ensuring optimal comfort and energy efficiency for homeowners.
Chaina residential underfloor heating actuator market revenue to cross USD 68.5 million by 2032, driven by burgeoning construction sector, rapid urbanization, and increasing consumer demand for efficient heating solutions.
Major Asia Pacific residential underfloor heating actuator market firms are Danfoss, Eberle Controls GmbH, Oventrop GmbH & Co. KG, Heatmiser, Honeywell International, Inc., Möhlenhoff GmbH, Sauter AG, Uponor, Shanghai SMLG Thermostatic Technology Co., Ltd, Siemens AG, SMLGHVAC, Warmup

APAC Residential Underfloor Heating Actuator Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 250
  • Countries covered: 5
  • Pages: 90
 Download Free Sample
 Download Free Sample