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Residential Electric Underfloor Heating Market Share

Report ID: GMI5724
Published Date: May 2023
Report Format: PDF

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Residential Electric Underfloor Heating Market Share

Continuous introduction of new products with enhanced operational capabilities combined with introduction of new strategic initiatives are among the key parameters shaping the industry competitiveness across the residential electric underfloor heating market. The key participants functioning across the global market are:

Warmup
Hemstedt GmbH
Danfoss
Uponor Corporation
nVent
MAGNUM Heating B.V.
EZEWARM IRELAND LIMITED
Mysa Smart Thermostats
Schlüter-Systems KG
Elektra UK
OJ Electronics A/S
Heat Mat Ltd
ThermoSoft
SunTouch
Gold Heat
ASIASTAR co., Ltd.
DEVEX SYSTEMS AUSTRALIA.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The size of residential electric underfloor heating surpassed USD 1.6 billion in 2023 and will observe over 4.6% CAGR from 2023 to 2032 due to the increasing measures to curb harmful greenhouse gas discharges from domestic establishments.

The new buildings segment reached over USD 800 million in 2022 and will witness significant expansion through 2032 driven by the growing emphasis on sustainable building construction with energy-efficient lighting.

Europe residential electric underfloor heating market reached USD 730 million in 2022 and will witness expansion through 2032 owing to the rising focus on pollution reduction to counter climate changes.

Warmup, Hemstedt GmbH, Danfoss, Uponor Corporation, nVent, MAGNUM Heating B.V., EZEWARM IRELAND LIMITED, Mysa Smart Thermostats, Schlüter-Systems KG, and Elektra UK are some of the prominent industry players.