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What are the different trends in Underfloor Heating Market to boost its growth?

05-06-2021 06:13 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Underfloor heating market

Underfloor heating market

The global underfloor heating market is projected to observe substantial growth in the coming years primarily due to the rising demand for cost-effective heating solutions worldwide. Rapid urbanization and commercialization has accelerated the demand for underfloor heating systems. 

Electric version of these systems can effectively be installed at across residential spaces. They can distribute heat across almost every room, making it a preferred alternative to conventional radiators. Feature such as these may propel new demand in the underfloor heating market.

Apart from this, some of the product’s extensive advantages like offered stable floor temperature even when windows are kept open is pushing product deployment. Based on these factors, Global Market Insights, Inc., projects that the underfloor heating market may procure sizable revenue growth by 2026.

Request for a sample copy of this research report@ https://www.gminsights.com/request-sample/detail/2122

Why are hydronic underfloor heating systems gaining traction over recent years?

An upsurge in the deployment of hydronic underfloor heating systems across households owing to their high energy efficiency is driving market size. The product is observing substantial traction across home spaces. These systems can efficiently work in winter season. Features that may propel their overall share in the underfloor heating market through 2026. 

Why are electric underfloor heating systems witnessing increasing demand?

Underfloor heating systems are bifurcated into hydronic underfloor heating systems and electric underfloor heating systems. Of these, electric-based underfloor heating systems are projected to foresee significant demand over the coming years. 

These systems operate over a web of ultra-thin heating wires that are installed below the floor to heat up. Additionally, customers can choose from heating mats or individual wires according to the room setting.

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How will the underfloor heating market flourish across Latin America and MEA?  

The MEA underfloor heating market is projected to observe significant growth owing to increasing investments in the commercial sector. Meanwhile, increasing disposable income among local population are touted to majorly drive the Latin America market. Surging demand for space heating is anticipated to add up to the regional industry growth over the analysis period.   

On a global scale, renowned market players are initiating numerous business expansion activities like acquisitions, new product launches, and collaborations to set a strong foothold in the market. Taking February 2018 for instance, UK-based Warmup added Tempo thermostat to its thermostat portfolio. The device helps customers to efficiently monitor and manage the underfloor heating systems and can handle load of up to 15A.

Table of contents for this research report@ https://www.gminsights.com/toc/detail/underfloor-heating-market

The competitive landscape of the global underfloor heating market is inclusive of players like Siemens, Polypipe, Warmup, Robert Bosch, REHAU, Mitsubishi Electric Corporation, Honeywell International, Eberle Controls, Uponor, and Danfoss among others. 

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll-Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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