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Underfloor Heating Actuator Market Size
- Report ID: GMI4913
- Published Date: Dec 2023
- Report Format: PDF
Underfloor Heating Actuator Market Size
Underfloor Heating Actuator Market was valued at USD 303.8 million in 2023 and is estimated to register about 4.7% CAGR between 2024 and 2032. Increasing awareness of energy-efficient heating solutions coupled with growing requirement for more comfortable and uniform heating across residential and commercial spaces will strengthen the business landscape.
Continuous rise of smart home technologies pushing towards connected and intelligent homes along with introduction of energy efficient standards will further enhance the business scenario. For instance, introduction of the 2022 Energy Code, in California by Building Energy Efficiency Standards includes the country’s technology innovations, thereby encouraging energy efficient approaches to support building decarbonization, emphasizing particularly on the use of heat pumps for space heating and water heating.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Underfloor Heating Actuator Market Size in 2023: | USD 303.8 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.7% |
| 2032 Value Projection: | USD 450.7 Million |
| Historical Data for: | 2019 to 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 598 |
| Segments covered: | Product, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Underfloor Heating Actuator Market Scope
