Global Electric Underfloor Heating Market By Industry Key Players: Emerson Electric, Uponor, Danfoss, Warmup, Honeywell, Schneider, Sensata technologies, Siemens, Pentair, Robert Bosch, Mitsubishi, Nexans, Amuheat

Market Overview: -

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.

Electric underfloor heating market is set to surpass USD 2.5 billion by 2024. Increasing consumer awareness toward conservation of energy along with high demand for the installation of reliable heating systems will drive the electric underfloor heating market growth. Rising disposable personal income along with the improving living standards will further complement the product penetration. According to the Office for National Statistics, UK household disposable personal income in the year 2016 was around USD 34,930 which was USD 790 higher when compared with the previous year.

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Top Key Players: -

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.

Market share calculation in this report is not done based on companies covered in it. The calculation of electric 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: -

Taking into consideration the geographical landscape, UK is one of the leading regions practicing strict regulatory compliance and energy standards toward improving energy consumption and curbing GHG emissions. Owing to such measures, the GHG emissions across Europe were plumped by 22%, recording a significant reduction of 1,265 million tons of CO2 since the 1990 level. Add to this, in the year 2015, U.K. introduced an energy saving directive which asserted on the achievement of carbon-neutral buildings target by 2050 and reportedly claimed to reduce the energy consumption across new buildings by 25%. As per the estimates, U.K. electric underfloor heating market is slated to register a CAGR of 7% over 2017-2024.

North America and APAC are further anticipated to emerge as strong contenders in the global electric underfloor heating market landscape, with expanding infrastructure sector and increasing appetite for advanced heating technologies. Not to mention, the growing emphasis on energy conservation and curbing GHG emissions will further fuel the global industry demand. Japan and China have massively contributed to the APAC electric underfloor heating market, recently, holding 15% and 36% of the regional share in 2016, respectively.

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Partial Chapter of the Table of Content

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 Electric 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 Electric 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
3.3.1.4 Electric Heating mats
3.3.1.5 Heating cables
3.3.2 Vendor Matrix
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 initial investment
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 M&A landscape
3.11 PESTEL Analysis

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In response to the fact that energy efficient systems are gaining considerable traction throughout the regulatory drive, the residential sector is witnessing massive deployments of electric underfloor heating systems. The statistics provided by EIA, states the U.S. residential energy consumption to be over 20.47 quadrillion British thermal unit in 2016. These statistics depict the growing need to limit the power consumption of the residential sector by deploying energy efficient systems. Furthermore, according to the European Commission, the residential sector accounted for more than 64.7% of energy consumption chiefly from the home heating systems. Needless to say, the exponentially rising rates of energy consumption from the residential sector, is one of the most profound factor that is driving the of the electric underfloor heating industry growth.

Estimates claim the residential electric underfloor heating market to witness a CAGR of 6% over 2017-2024, subject to the growing demand for localized heating systems. In parallel with the residential sector, the commercial sector is also likely to emerge as a lucrative growth ground for electric underfloor heating market. The extensive demand for these heating systems from healthcare, educational institutions, hospitality, offices, retail, and logistics & transportation are expected to provide significant impetus to the overall electric underfloor heating market outlook.

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