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Hydronic Underfloor Heating Market | Industry Growth and Forecast Analysis Report Till 2024

Author : Ronak Bora | Published Date : 2020-09-11 

The hydronic underfloor heating market growth is stimulated by increasing households along with growing focus towards green building. Increasing deployment of concrete floors coupled with favorable government policies to cut carbon emission will further complement the industry outlook. As per the National Record for Scotland, in 2015, there were 2.58 million dwellings and 2.45 million households in the country. Rapid industrialization and urbanization in emerging countries will further drive the business landscape.

UK hydronic underfloor heating market is predicted to expand over 9% on account of ongoing government mandates toward Zero Energy Buildings (ZEB). Measures to cut carbon emissions along with growing demand for energy efficient heating unit systems will further embellish the product penetration. The European Union published the Energy Efficiency Directive to incorporate the framework for encouraging energy efficiency.

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The surging demand for uninterrupted power supply across the globe is one of most pivotal factors impacting hydronic underfloor heating market trends. Another factor, as per analysts, that will most prominently drive this business space is the global urgency for reducing power costs. Hydronic underfloor heating systems have replaced electrical systems across North America and Europe a long back. As on today though, these products are penetrating the South Africa and Australia belts. The ability of the hydronic systems to connect with solar panels, heat pumps, and gas fired boilers is expected to reduce power bills and favorably leverage the product penetration across the industrial, commercial, and residential sectors. With its remarkable ability to supply heat, this system has contributed significantly toward health & hygiene maintenance, and is extensively utilized across home care centers, medical centers, nursing homes, schools, and hospitals. On these grounds, it is apt to declare that hydronic underfloor heating industry indeed has remarkable growth prospects in the future.

Heated floors undeniably provide numerous benefits, as the hydronic underfloor heating system, which works on the convection principle, helps in avoiding heat loss. The rising need for maintaining a green environment through the utilization of green energy sources such as geothermal and solar energy has contributed substantially towards the expansion of hydronic underfloor heating market across the globe.

Renowned firms across hydronic underfloor heating industry have been developing innovative products in a bid to expand their product portfolios as well as their consumer base. For instance, EBERLE Controls, a key German player in hydronic underfloor heating market and a subsidiary of Schneider Electric SE, has introduced hydronic heating controls that help in offering comfort to the consumers in addition to aiding power conservation.  Gaia, another player across hydronic underfloor heating industry, offers two novel hydronic underfloor heating products – branded hydronic underfloor heating system and Polypipe systems.

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Key players in the hydronic underfloor heating industry includes Siemens, Hunt Heating, Pentair, Robert Bosch, Schneider Electric, Warmup, Nexans, Amuheat, Uponor Corporation, H2O Heating, Danfoss, Honeywell International and Sensata Technologies.

Table of Contents (ToC) of the report:

Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Market definition and forecast parameters

1.2    Data Sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2    Executive Summary

2.1    Hydronic underfloor heating market 3600 synopsis, 2013 - 2024

2.1.1    Business trends

2.1.2    Facility trends

2.1.3    Application trends

2.1.4    Regional trends

Chapter 3    Hydronic Underfloor Heating Market Industry Insights

3.1    Industry Segmentation

3.2    Industry landscape, 2013 – 2024 (Revenue)

3.3    Industry ecosystem analysis

3.3.1    Raw material/component outlook

3.3.1.1   Heating pipes

3.3.1.2   Manifold

3.3.1.3   Sensors & thermostats

3.3.2    Vendor Matrix

3.3.3    Distribution Channel Analysis

3.4    Technology & innovation landscape

3.4.1    Electric vs. hydronic underfloor heating

3.4.1.1   Electric underfloor heating

3.4.1.2   Hydronic underfloor heating

3.5    Regulatory landscape

3.5.1    U.S.

3.5.2    Europe

3.5.3    United Kingdom

3.5.4    Germany

3.5.5    China

3.5.6    Asia Pacific

3.6    Infrastructure/Construction spending outlook, 2016/2015

3.7    Industry impact forces

3.7.1    Growth drivers

3.7.1.1   Introduction of energy efficiency standards

3.7.1.2   Increasing standard of living

3.7.1.3   Strict government regulations

3.7.1.4   Extreme climatic conditions

3.7.1.5   Rapid urbanization and commercialization

3.7.1.6   Increasing demand for space heating

3.7.2    Industry pitfalls & challenges

3.7.2.1   High Cost of Retrofitting in Existing Buildings

3.8    Growth potential analysis

3.9    Porter's Analysis

3.10    Competitive landscape, 2016

3.10.1   Strategy dashboard

3.10.1.1    REHAU

3.10.1.2    Danfoss

3.10.1.3    Warmup

3.10.1.4    Robert Bosch

3.10.1.5    Uponor

3.10.2   Product development

3.10.3   M&A landscape

3.11    PESTEL Analysis

 Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/hydronic-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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