Press release
Underfloor Heating Global Market Report 2025: Booming Residential Construction and Energy Efficiency Trends Drive Market Expansion
Underfloor Heating Market Share 2025
What Is The Projected Market Size Of The Global Underfloor Heating Global Market Report 2025 And Its Growth Rate?
The underfloor heating market shows promising progression:
•The market grew from $5.32 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%, reaching $5.55 billion in 2025.
•Propelled by energy efficiency trends, comfort, aesthetic appeal, a boom in residential construction, renovations, and awareness of health benefits, the market witnessed steady growth in the historic period.
•The underfloor heating market forecast to surge to $7.11 billion in 2029, growing at a CAGR of 6.4%.
What Is Driving The Growth In The Underfloor Heating Global Market Report 2025?
Proactive government support and incentives for adopting underfloor heating solutions have significantly propelled market growth. Governmental agencies worldwide provide grants and incentives for upgrading existing heating systems and adopting renewable-source based systems. For example, in October 2024, the UK's Cabinet Office reported that the Department for Education is the largest provider of formula grant funding, allocating $73.1 billion during the financial year 2022 to 2023. Close behind, the Home Office's Police Main Grant and the Department of Health and Social Care's Public Health Ring-fenced Grant administered substantial funding. These initiatives are expected to augment underfloor heating solutions market growth during the forecast period.
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Who Are the Key Players Driving Underfloor Heating Global Market Report 2025 Growth?
Several renowned entities are steering the market's growth:
•Robert Bosch GmbH
•Siemens AG
•Mitsubishi Electric Corporation
•Schneider Electric SE
•Honeywell International Inc.
•SALUS North America Inc.
•Rehau Ltd., and many more.
What Are The Key Trends In The Underfloor Heating Global Market Report 2025?
Emerging trends in the market include:
•Integration with renewable energy sources
•Retrofitting in existing structures
•Customization and design flexibility
•Regulatory push for energy-efficient buildings
•Increasing affordability and accessibility
What Are The Segments Of The Global Underfloor Heating Global Market Report 2025?
Segments within the market include:
1) By Type: Hydronic Underfloor Heating, Electric Underfloor Heating
2) By Installation: New installations, Retrofit installations
3) By Application: Residential, Commercial, Institutional
Which Region Leads The Underfloor Heating Global Market Report 2025?
In 2024, Western Europe led the underfloor heating market. The forecast predicts North America will be the fastest-growing region. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Underfloor Heating Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Underfloor Heating Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Underfloor Heating Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Underfloor Heating Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Underfloor Heating Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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