Underfloor Heating Market have a great Revenue 2024 by Schneider Electric SE, Bosch, Siemens AG, The Mitsubishi Group, and REHAU

MarketStudyReport.com published Underfloor Heating Market from its database which covers the market landscape and its growth prospects over the coming years.

Global underfloor heating market size will exceed USD 8 billion by 2024, as reported in the latest study by market Study Report. 

Underfloor heating industry has been gaining critical acclaim across myriad geographies. The stringent deployment of legislations such as the American Energy Efficiency Act, 2015, to promote power efficiency practices is expected to substantially drive the development of U.S. underfloor heating market. As per estimates, the regional industry is projected to generate a revenue of over USD 1 billion by 2024.

Some of the reputed firms that have made their presence felt across underfloor heating industry. These players, it has been observed, have been coining new growth strategies that may substantially augment the revenue graph of this business space. Driven by the launch of contemporary technologies in heating systems, underfloor heating market size is likely cross a valuation of USD 8 billion by 2024.

The major players in global market, including

Honeywell International Incorporation, Schneider Electric SE, Bosch, Siemens AG, The Mitsubishi Group, and REHAU

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Scope of Report:

It is prudent to note that heated floors distribute heat uniformly across each room and warm the room space through an accurate combination of heat conduction and radiant energy. In a modern, well-insulated house, UFH systems act as a primary tool for heat distribution and eliminate the requirement of radiators, on the grounds of which they are extensively used across residential, commercial, and industrial sectors. The robustly rising need to improve air quality and comfort level will in fact, particularly help augment product demand across the commercial sector, inherently impelling the overall underfloor heating market share.

Germany is another emerging lucrative spot for underfloor heating market growth. The participation of governmental bodies is a major driving force for Germany underfloor heating market. For instance, the launch of initiatives such as the Energy Saving Ordinance (EnEV) by the German government to reduce carbon footprints is forecast to upsurge underfloor heating industry size across the region. Analysts claim the Germany underfloor heating industry to record a CAGR of 6% during 2017 to 2024.

China, which contributed over 30% toward the regional underfloor heating industry share in 2016, is predicted to experience a lucrative growth over the years to come. Rise in green building constructions in conjunction with China’s eleventh five-year plan is anticipated to fuel the product demand across the region.

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    Underfloor heating industry 360 degree synopsis, 2013 - 2024

2.1.1    Business trends

2.1.2     Product trends

2.1.3    Facility trends

2.1.4    Application trends

2.1.5    Regional trends 

Chapter 3    Underfloor Heating Market Industry Insights

3.1    Industry Segmentation

3.2    Industry landscape, 2013 - 2024 (USD Million)

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

3.3.2    Vendor Matrix

3.4    Technology & innovation landscape

3.5    Electric vs. hydronic underfloor heating

3.5.1    Electric underfloor heating

3.5.2    Hydronic underfloor heating

3.6    Regulatory landscape 

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