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Global Underfloor Heating Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Underfloor Heating Market Size
What Is the Underfloor Heating Market Size and Projected Growth Rate?
Recently, there has been a consistent rise in the size of the underfloor heating market. An increase from $5.32 billion in 2024 to $5.55 billion in 2025 is expected, indicating a compound annual growth rate (CAGR) of 4.2%. Factors such as energy efficiency tendencies, comfort and aesthetic appeal, a surge in residential construction activities, renovations and retrofitting, along with knowledge of health benefits have contributed to this growth during the historic period.
The market size for underfloor heating is predicted to undergo significant expansion in the forthcoming years, with a growth trajectory slated to reach $7.11 billion by 2029, and a compound annual growth rate (CAGR) of 6.4%. Factors like the adoption of sustainable building approaches, incorporation with smart homes, usage in commercial structures, government incentives, and advancements in system design collectively contribute to this predicted growth in the forecast period. Key trends to look out for in the forecast period include integration with renewable energy sources, retrofitting operations in existing structures, flexibility in design and customization, regulatory emphasis on energy-efficient buildings, and improving affordability and accessibility.
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What Are the Major Segments in the Underfloor Heating Market?
The underfloor heating market covered in this report is segmented -
1) By Type: Hydronic Underfloor Heating, Electric Underfloor Heating
2) By Installation: New installations, Retrofit installations
3) By Application: Residential, Commercial, Institutional
Subsegments:
1) By Hydronic Underfloor Heating: Warm Water Systems, Boiler-Based Systems
2) By Electric Underfloor Heating: Electric Heating Mats, Electric Heating Cables
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What Are The Driving Underfloor Heating Market Evolution?
The underfloor heating solutions market is being propelled by sturdy government backing and incentives. Globally, government agencies are offering grants and enticements to upgrade existing heating systems and to adopt heating systems based on renewable sources. As the Cabinet Office report indicated in October 2024, from a UK-based ministerial department, the Department for Education (DfE) stands out as the largest provider of formula funding, assigning $73.1 billion in formula grants in the fiscal year 2022-2023. Subsequently, other notable formula grant schemes are the Home Office's $5.1 billion Police Main Grant and the Department of Health and Social Care's $3.4 billion Public Health Ring-fenced Grant for the same fiscal years. These government-driven initiatives or funding schemes are predicted to accelerate the development of the underfloor heating solutions market in the forthcoming period.
Which Firms Dominate The Underfloor Heating Market Segments?
Major companies operating in the underfloor heating market include Robert Bosch GmbH, Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., SALUS North America Inc., Rehau Ltd., Emerson Electric Co, Danfoss Group, Nexans S.A., Resideo Technologies Inc., Pentair plc, nVent Electric Plc, Raychem Corporation, Uponor Corporation Amuheat, Wavin N.V., Polypipe Group plc, ESI Heating and Cooling, Warmup Inc., Schlüter-Systems Ltd., Hurlcon Hydronic Heating, Flexel International Ltd., Warmtech Pty Ltd., ThermoSoft International Corporation, Ebeco AB, Heat Mat Ltd., Heatmiser UK Ltd., Gaia Climate Solutions Ltd., Amuheat, H2O Heating Pty Ltd., WarmlyYours.com Inc., Speedheat US LLC, Devex Systems
What Trends Are Expected to Dominate the Underfloor Heating Market in the Next 5 Years?
Recent trends show that strategic collaborations among corporations are becoming increasingly popular in the underfloor heating market. Many underfloor heating companies are initiating strategic alliances with tech firms to engineer technologically superior underfloor heating products boasting unique attributes. For example, nVent Electric PLC, a Canadian company specializing in providing electric radiant floor heating solutions, teamed up with MAPEI in August 2022. Their partnership aimed to launch the mapeheat electrical underfloor heating products into the flooring and tiling industry of the United Kingdom. The Mapeheat system caters to both commercial and residential needs, offering trustworthy and effective heating solutions for a range of settings.
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Which Is The Largest Region In The Underfloor Heating Market?
Western Europe was the largest region in the underfloor heating market share in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the underfloor heating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Underfloor Heating Market?
2. What is the CAGR expected in the Underfloor Heating Market?
3. What Are the Key Innovations Transforming the Underfloor Heating Industry?
4. Which Region Is Leading the Underfloor Heating Market?
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