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Electric Underfloor Heating Market Outlook by 2020- Trends, Opportunities and Forecast to 2024

Author : Ronak Bora | Published Date : 2020-08-27 

The U.S. electric underfloor heating market will witness strong growth subject to growing space heating demand coupled with increasing energy cost. Advancement in technology along with the declining associated cost will further embellish the business growth. The government of California has implemented building energy efficiency and cost-effective appliance standards which has resulted into an estimated cumulative annual efficiency & conservation savings for electricity to reach over 95,000 GWh by 2016.

Shifting focus towards green buildings coupled with strict government regulations to reduce greenhouse gas emissions will embellish the electric underfloor heating market growth. Introduction of building codes and standards to cut the energy consumption will further complement the industry outlook. The European Union has introduced several directives including Energy Performance of Buildings Directive to achieve the target of nearly zero-energy by 2020.

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Rising energy demand for localized heating across the residential establishments along with high petroleum products' cost will foster the electric underfloor heating market. The European Commission has estimated 64.7% of energy consumption in the residential sector primarily for heating homes.

UK electric underfloor heating market is projected to expand over 7% on account of growing measures to improvise energy security by the reduction of energy consumption. In 2015, UK implemented an energy saving ordinance with an objective to reduce energy consumption across new buildings by 25% and ensures to achieve the carbon-neutral buildings target by 2050.

Russia electric underfloor heating market is predicted to exceed USD 120 million by 2024. Significant growth across residential construction along with increasing awareness towards adoption of low emission heating systems will positively influence the business outlook. Rising demand for heating systems owing to extreme weather conditions will further complement the product demand. In 2015, underfloor heating accounted for over 30% of the overall heating systems across residential establishments.

The evolving demand for reliable & efficient heating systems have had a perpetual impact on electric underfloor heating market, with regards to its profitability landscape. Over the years, there have been a plethora of strict regulatory compliances focusing on energy conservation and green building construction which have further massively proliferated electric underfloor heating industry trends. A notable instance that validates the aforementioned aspect is of the German government launching the Energy Saving Ordinance initiative to reduce the carbon footprints. Another initiative validating the increasing deployment of electric underfloor heating systems is the Energy Efficiency Directive of 2012 focusing on energy efficient renovations to retrofit at least 3% of government establishments across the European countries. It is prudent to mention that not only the government bodies but also the private entities such as Siemens, Warmup, Schneider Electric, Danfoss, Honeywell, Nexans, Mitsubishi, and Sensata Technologies, constituting the competitive landscape of electric underfloor heating market, in response to these building standards and codes to limit energy consumption, are vigorously innovating their product portfolios to come up with advanced heating technology for residential  and commercial environments. Such moves are overt to leave a substantial impact on electric underfloor heating industry share, which as per estimates recorded a valuation of USD 1.5 billion in 2016.

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Eminent industry participants in the electric underfloor heating market include Emerson Electric, Uponor, Danfoss, Warmup, Honeywell, Schneider, Sensata technologies, Siemens, Pentair, Robert Bosch, Mitsubishi, Nexans, Amuheat, Hunt Heating, REHAU, and H2O Heating.

Table of Contents (ToC) of the report:

Chapter 4   Electric Underfloor Heating Market, By Facility

4.1   Global Electric underfloor heating market share by facility, 2016 & 2024

4.2   Existing Buildings

4.2.1    Global market from existing buildings, 2013-2024

4.2.2    Global market from existing buildings, by region 2013 – 2024

4.3   New Buildings

4.3.1    Global market from new buildings, 2013-2024

4.3.2    Global market from new buildings, by region 2013 – 2024

Chapter 5   Electric Underfloor Heating Market, By Application

5.1   Global Electric underfloor heating market share by application, 2016 & 2024

5.2   Residential

5.2.1    Global market from residential, 2013-2024

5.2.2    Global market from residential, by region 2013 – 2024

5.2.3    Single family

5.2.3.1    Global market from single family, by residential, 2013-2024

5.2.3.2    Global market from single family, by residential, 2013 – 2024

5.2.4    Multi family

5.2.4.1    Global market from multi family, by residential, 2013-2024

5.2.4.2    Global market from multi family, by residential, 2013 – 2024

5.3   Industrial

5.3.1    Global market from industrial, 2013-2024

5.3.2    Global market from industrial, by region 2013 – 2024

5.4   Commercial

5.4.1    Global market from commercial, 2013-2024

5.4.2    Global market from commercial, by region 2013 – 2024

5.4.3    Education

5.4.3.1    Global market form education, by commercial, 2013-2024

5.4.3.2    Global market form education, by commercial, 2013 – 2024

5.4.4    Healthcare

5.4.4.1    Global market form healthcare, by commercial, 2013-2024

5.4.4.2    Global market from healthcare, by commercial, 2013 – 2024

5.4.5    Retail

5.4.5.1    Global market from retail, by commercial, 2013-2024

5.4.5.2    Global market from retail, by commercial, 2013 – 2024

5.4.6    Logistic & Transportation

5.4.6.1    Global market from logistic & transportation, by commercial, 2013-2024

5.4.6.2    Global market from logistic & transportations, by commercial, 2013 – 2024

5.4.7    Offices

5.4.7.1    Global market from offices, by commercial, 2013-2024

5.4.7.2    Global market from offices, by commercial, 2013 – 2024

5.4.8    Hospitality

5.4.8.1    Global market from hospitality, by commercial, 2013-2024

5.4.8.2    Global market from hospitality, by commercial, 2013 – 2024

5.4.9    Others

5.4.9.1    Global market from others, by commercial, 2013-2024

5.4.9.2    Global market from others, by commercial, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/electric-underfloor-heating-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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