Under Floor Heating Market Research Report - Global Forecast 2030

Under Floor Heating Market Research Report: Information by Component (Electric System Components [Heating Cables, Heating Mats, Sensors and Thermostats] and Hydronic System Components [Heating Pipes, Manifolds, Sensors and Thermostats]), Subsystem (Heating Systems [Pipes and Cables and Distribution Units] and Control Systems [Sensors and Control Interfaces]), System Type (Dry/Electric and Wet/Hydronic), Offering (Hardware and Services), Installation Type (New Installations and Retrofit Installations), Application [Residential (Single-Family

ID: MRFR/CO/0331-HCR | 110 Pages | Published By Sakshi Gupta on March 2023         

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Under Floor Heating Market

Under Floor Heating Market is projected to be worth USD 5,726.80 million by 2030, registering a CAGR of 5.90% during the forecast period (2022 - 2030).

By Component Electric System Components [Heating Cables and Heating Mats and Sensors and Thermostats] Hydronic System Components [Heating Pipes and Manifolds and Sensors and Thermostats]
By Subsystem Heating Systems [Pipes and Cables and Distribution Units] Control Systems [Sensors and Control Interfaces]
By System Type Dry/Electric Wet/Hydronic
By Offering Hardware Services
By Installation Type New Installations Retrofit Installations
Key Players
Companies Profiled   Uponor (Finland)   Honeywell (US)   Vent Electric (UK)   Warmup (UK)   Rehau (Switzerland)   Emerson (US)   Robert Bosch(Germany)   Danfoss (Denmark)   Pentair (US)
Market Driving Forces   aspect of the underfloor heating systems adds to the market value.
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Under Floor Heating Market Overview:  

Under Floor Heating Market size is projected to be worth USD 5,726.80 million by 2030, registering a CAGR of 5.90% during the forecast period (2022 - 2030).

As the growing population consumes enormous energy every day, countries are imperative in building energy-efficient buildings for domestic and commercial purposes. Under floor heating systems are considered as wilful investments to save heating energy. Under floor heating systems have been widely known as systems that require expensive installation. Experts suggest that they are more economical in terms of heating the space when compared to other systems. As the Under floor heating systems can be installed in any type of flooring and its efficiency in heating the space and conditioning the air aids the Under floor heating market size to grow.

The countries are looking for efficient ways to save energy both for domestic sectors and industrial sectors. The demand to utilize energy-efficient systems for industrial growth has increased in recent times, this aspect acts as a driving factor for the Under floor heating market growth.

COVID-19 Analysis:

COVID 19 has created health awareness, to maintain a clean environment and the importance of isolation during this period. To combat the deadly viruses we find many organizations creating awareness, Governments along with the medical sector took initiative in creating awareness regarding the ways by which the virus spread. A very few have realized the air conditioning systems aid in spreading the coronavirus. The traditional methods of heating and air conditioning systems that utilized air ducts are restricted in some countries. As air ducts could carry air-borne diseases and easily pass on the virus. Under Floor heating systems have gained appreciation in terms of their operating method as they don’t require air ducts. This characteristic of the Under Floor heating system has propelled its market growth.

Traditionally forced air systems are used for heating or conditioning space. However, forced air systems can dry up the air excessively. This dry air can carry dry viruses and other pollutants that can cause respiratory problems. Whereas under floor heating systems cut down the circulation of dust particles. Hence many countries have recommended using Hydronic Under floor heating systems over traditional systems. This has also created a great impact on the Under floor heating market growth. Hence COVID 19 has created market opportunities for the under floor heating systems.

Competitive Landscape:

As many countries have found the Under floor heating market value growing, we can expect many competitors to enter the market in the forecast period, however, the current Under floor heating market manufacturing

are listed below:

  • Uponor (Finland)

  • Honeywell (US)

  • Vent Electric (UK)

  • Warmup (UK)

  • Rehau (Switzerland)

  • Emerson (US)

  • Robert Bosch(Germany)

  • Danfoss (Denmark)

  • Pentair (US)

  • Mitsubishi Electric (Japan)

  • Siemens (Germany)

  • Schneider Electric (France)

Market dynamics:

Key Market drivers:

  • Does not occupy your living space:

Traditional heating systems like radiators occupy the corner of the living space, and might not add to the look of the house. Under floor heating systems lie beneath the floor and don’t occupy any space. This aspect of the under floor heating systems adds to the market value. They also add value to the house at the time of selling.

  • Conserve energy:

Growing awareness towards energy conservation and stringent standards and regulations from the government to conserve energy, industries, and buildings opt the under floor heating systems to combat the extreme climatic conditions. The advancement in technologies, easy installation, less maintenance has attracted families to install under floor heating systems. These characteristics have attracted both the industries and the construction industry. They can be considered key market drivers. 

  • Advanced technologies: 

The under-floor heating systems are capable of covering larger space compared to the traditional systems. They operate without any sound and are considered as most reliable and energy-efficient systems at the time of worst climatic conditions. These are the major driving force of the Under floor heating market growth.

Market opportunities:

The US and Canada have planned to invest more in the construction of multi-family buildings and commercial units across their countries utilizing energy-efficient systems in the forecast period, hence we can anticipate their initiative to aid the market growth.

The market growth of under-floor heating systems is highly influenced by government policies and regulations. European countries have shown great interest in reducing 40% of total carbon emissions in the commercial and domestic sectors by the year 2030. This perspective is more likely to influence the growth of the Underfloor heating market.

European governments have also begun tax exemption schemes to promote the underfloor heating systems in their countries. In addition to that, the government also encourages research work related to the underfloor heating systems powered by renewable sources like solar and wind energy. This initiative of European countries has set the path for the other countries also.

Market restraints:

  • Initial costs and installation:

The initial costs and installation process can be tough as they are to e constructed beneath the flooring, hence they require quite extensive labor and specialized people to install the entire system. Hydronic heating systems are quite intricate as they involve several pipes to carry the hot water throughout. Though the hydronic system comes up with several advantages over other underfloor heating systems, the installation act as a key market restraint.

  • Operation

They operate at a lower temperature, unlike radiators that heat the surroundings. They take longer to heat the space, this issue can be overthrown by setting time to initiate the healing process. 

Market Challenges:

The production department has faced many difficulties as many of its processes are postponed due to the economic slowdown. Surging demand for minimal production and lack of manpower in recent years have reduced the Under floor heating market value.

Slower response time and rising installation costs are likely to hamper the market growth during the forecast period. The prices of oil and gases have fallen in recent years. The electric under floor heating systems work using motors, thereby we can anticipate them to affect the market growth in some countries.

Cumulative market growth:

The Under floor heating market share was estimated at a CAGR of 5.90% and is expected to rise from USD 5,726.80 million during the forecast 2022-2030. The European countries are expected to have peak CAGR during the forecast period as they are aiming to construct a zero carbon emissions nation. Tax credit benefits policies and government regulations bolster the Under floor heating market growth.

Surging energy consumption in the industrial sector has grown to 21.5 squads in the year 2014, it accounted for only 15.8 squads in the year 1980. This analysis from EIA has induced the countries to work on energy-efficient systems. This aspect adds value to the market growth in the forecast period.

The Electric floor heating systems consume only less electricity to power the motor, however, the hydronic floor heating systems are an efficient way of heating and conditioning the air for the domestic space. They consume minimal energy to heat the air and are more efficient than any other heating system to be utilized.

Value chain analysis:

The Under floor heating market size has crossed about USD 6 billion in the year 2019 and is assumed to cross over USD 5,726.80 million in the forecast period. Leading countries consider the market as a good option for investment as there is a surging awareness of energy conservation and reducing the usage of renewable resources.

The researchers are constantly working on newer projects to promote the growth of the market by bringing new technologies to make them more energy-efficient. Some of the colder countries are affected badly by the extreme climatic conditions and about 50% of adults above the age of 65 years are diagnosed with arthritis, the extreme climatic conditions make the condition worse. Hence good heating systems are growing in demand in such countries.

Segment Overview

By Subsystem

  • Heating Systems

    • Pipes and Cables

    • Distribution Units

  • Control Systems

    • Sensors

    • Control Interfaces

By System Type

  • Dry/Electric

  • Wet/Hydronic

By Component

  • Electric System Components

    • Heating Cables

    • Heating Mats

    • Sensors

    • Thermostats

  • Hydronic System Components

    • Heating Pipes

    • Manifolds

    • Sensors

    • Thermostats

By Offering

  • Hardware

  • Services

By Installation Type

  • New Installations

  • Retrofit Installations

By Application

  • Residential

  • Industrial

  • Commercial

Regional analysis:

Northern America stands foremost in the market and is expected to continue the growth in its pace and share about 32.5% in the market value of the global market value that rates about 4.6% CAGR. However European countries have planned to construct zero carbon-emitting buildings in the forecast period and have a goal of bringing down the carbon emission by 40% in the forecast period. As the urbanization and awareness of moving towards energy efficiency economic society, industrial sectors and construction industry have moved towards constructing buildings that consume less energy.

Health conditions due to extreme cold weather in the countries like US, Russia, Norway are highly affected, maintaining the temperatures is crucial for living. Portable rug heaters and under-laminate floor heaters are not sufficient to maintain the temperature balance. The Underfloor heating industry are very flexible in that they can be installed in smaller areas like bathrooms and kitchens alone. The heating loads are comparatively low though the heating systems are applied to the entire building.

Report Overview:

This report has covered:

  • Market Overview

  • COVID 19 Analysis 

  • Market dynamics

  • Cumulative growth analysis

  • Value chain analysis 

  • Segment overview

  • Regional analysis

  • Competitive landscape

  • Recent developments

Segmentation Table:

The market structure can be divided based on the heating method, components used, and the area of application.

By Heating Method

  • Radiant Under Floor Heating

  • Hydronic Under Floor Heating

By Component

  • Heating Mats

  • Heating Cables

  • Sensors and Thermostat

  • Heating Pipes

  • Manifolds

By Application

  • Residential

  • Industrial

  • Commercial

Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 5,726.80 million
  CAGR   2030: 5.90%
  Base Year   2021
  Forecast Period   2021-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Component, Subsystem, System Type, Offering, Installation Type, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Uponor Corporation (Finland), Danfoss A/S (Denmark), Emersion Electric Co. (US), Robert Bosch GmbH (Germany), Honeywell International Inc. (US), Nexans (UK), Incognito Heat Co Ltd.(Scotland), Rayotec Ltd. (UK), Robot uk ltd (UK), Uheat (UK), and Solfex Ltd. (UK).
  Key Market Opportunities

  • The innovation in the composition of under floor heating materials
  • A positive impetus for the diversification of the market.
  •   Key Market Drivers

  • The high levels of insulation and increasing government investment
  • To a reduction in the heating load.
  • The weather conditions also have a significant role in the development of the under floor heating

  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    The players are Danfoss A/S (Denmark), Uponor Corporation (Finland), Robert Bosch GmbH (Germany), Emersion Electric Co. (US), Nexans (UK), Honeywell International Inc. (US), Rayotec Ltd. (UK), Incognito Heat Co. Ltd. (Scotland), Uheat (UK), Robot UK Ltd (UK), and Solfex Ltd. (UK).

    The European market is the largest underfloor heating market.

    Weather conditions would play a crucial role in the underfloor heating market.

    The segments are heating pipes, manifolds, and sensors & thermostats.

    The segments are heating cables, heating mats, sensors & thermostats, and manifolds.

    Under Floor Heating Market is projected to be worth USD 5,726.80 million by 2030