Home > Industrial Machinery > Hydronic Underfloor Heating Market
Hydronic Underfloor Heating Market size valued at USD 4 billion in 2021 and is anticipated to grow at over 6% CAGR from 2022 to 2030. The increasing demand for cost-effective heating solutions coupled with government incentives & support for the adoption of underfloor heating solutions will sway the industry landscape.
To understand key trends  
Download Free Sample
Stringent building codes, flexibility, and high-level comfort offered by heating systems will propel product acceptance. In addition, the increasing number of energy efficiency standards combined with rising environmental concerns will positively boost the market growth. Moreover, factors including low maintenance of electrically heated systems, adaptability of floor heaters, freedom of system design, and easy installation will drive the business outlook.
Report Attribute | Details |
---|---|
Base Year: | 2021 |
Hydronic Underfloor Heating Market Size in 2021: | USD 4 Billion |
Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 6.3% |
2030 Value Projection: | USD 7.1 Billion |
Historical Data for: | 2018 to 2021 |
No. of Pages: | 280 |
Tables, Charts & Figures: | 546 |
Segments covered: | Facility, Application |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
To understand market opportunities  
Download Free Sample
To understand key market trends  
Download Free Sample
The market for new buildings is estimated to observe around 6% gains through 2030. Rapid development & urbanization especially in developing economies including China & India have led to a surge in the construction industry expansion, thereby increasing product acceptance
The presence of desert & semi-desert climatic situations in several countries is expected to have a positive impact on the business outlook as the technology has a wide array of applications during night-time. Also, the increasing deployment of the Internet of Things (IoT) enables heating systems to cater to smart homes, which will further augment the hydronic underfloor heating market growth.
The residential application is projected to hold a significant share across the industry owing to an increasing focus on demand-based heating solutions. The product outlasts heating systems based on other combustion-based system together with offering efficient heating to buildings cost-effectively will bolster its usage for the residential applications. The key players focus on product innovations and increasing production capabilities, fostering the hydronic underfloor heating market expansion.
To understand key market trends  
Download Free Sample
The hydronic underfloor heating market in Europe is predicted to exceed USD 3.5 billion by 2030. Various factors including increasing extreme climatic conditions in line with the growing need for space heating in countries including the UK, Germany, and Italy, among others are augmenting the industry dynamics.
In Europe, most heated buildings depend on water to distribute heat in various rooms. As per the European commission climate-neutral future report 2020, water-based or hydronic heat emitters including convectors, radiators, and surface heating & cooling can be found across 130 million European buildings. This will result in decreasing energy costs, thereby adding to the reduction of carbon emissions.
Product features and its integration in a wide range of heat pumps including ground/geothermal heat pumps and water source heat pumps, among others offer promising results for space heating. Furthermore, financial incentives & rebate programs merged with government guidelines to promote the establishment of net zero-emission buildings will influence hydronic underfloor heating market demand globally.
The COVID-19 pandemic has caused an economic crisis in various regions & countries, causing a delay in commercial businesses worldwide. However, the condition elevated in 2021 after relaxations in the lockdown and recreational activities & building operations resumed post-mandatory vaccination drives. Additionally, the resumption of new building construction post-pandemic and recovery in the construction industry will increase product penetration in new buildings.
Major companies operating in the hydronic underfloor heating industry include
Click here to Buy Section of this Report
Market, By Facility
Market, By Application
The above information has been provided for the following regions and countries: