Hydronic Underfloor Heating Market By 2024 Major Key Players: Siemens, Hunt Heating, Pentair, Robert Bosch, Schneider Electric, Warmup, Nexans, Amuheat, Uponor Corporation
Global Hydronic Underfloor Heating Market set to cross USD 5 billion by 2024. Strict government norms relating to decarbonization of infrastructure along with growing adoption of clean energy technology will positively impact the hydronic underfloor heating market share. Reduction in capital cost and technology acceptance across extensive applications will further complement the industry landscape. In November 2016, the European Commission published a new Energy Efficiency Directive which includes a new target of attaining energy efficiency of 30% by 2030.
Growing space heating demand coupled with rising consumer awareness towards the adoption of heating units with low emission will positively influence the U.S. hydronic underfloor heating market growth. Extreme weather conditions with rising energy prices will further propel the product adoption. The California Energy Commission approved the new building energy efficiency standards to cut the regulated energy use in homes by 28% and save consumers’ USD 31 per month compared with the houses constructed under the existing energy code.
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Top Key Players:
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.
Market share calculation in this report is not done based on companies covered in it. The calculation of hydronic underfloor heating market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Commercial application is set to surpass USD 3 billion by 2024. Increasing investments toward infrastructural development coupled with building standards and codes toward reduction of carbon emission will foster the hydronic underfloor heating market share. Ongoing expansion of developed nations owing to rising demand for the refurbishment of aged commercial buildings will further stimulate the business outlook.
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.
Increasing households along with growing focus towards green building will positively influence the hydronic underfloor heating market share. 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.
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Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
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
Chapter 2 Executive Summary
2.1 Hydronic underfloor heating industry 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
188.8.131.52 Heating pipes
184.108.40.206 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
220.127.116.11 Electric underfloor heating
18.104.22.168 Hydronic underfloor heating
3.5 Regulatory landscape
3.5.3 United Kingdom
3.5.6 Asia Pacific
3.6 Infrastructure/Construction spending outlook, 2016/2015
3.7 Industry impact forces
3.7.1 Growth drivers
22.214.171.124 Introduction of energy efficiency standards
126.96.36.199 Increasing standard of living
188.8.131.52 Strict government regulations
184.108.40.206 Extreme climatic conditions
220.127.116.11 Rapid urbanization and commercialization
18.104.22.168 Increasing demand for space heating
3.7.2 Industry pitfalls & challenges
22.214.171.124 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
126.96.36.199 Robert Bosch
3.10.2 Product development
3.10.3 M&A landscape
3.11 PESTEL Analysis
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Rising awareness towards energy conservation along with standards toward adoption of products with high efficiency will augment the hydronic underfloor heating market share. Increasing energy consumption by commercial sector on account of growing investments toward construction of commercial areas including educational institutes, office, healthcare building and hotels will further influence the business growth. In 2015, the commercial construction in the U.S. was valued at USD 67 billion which increased to USD 74.2 billion in 2016.
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