The underfloor heating market is valued at $3.04 billion in 2019 and is expected to reach $4.16 billion by 2027 and is expected to grow at a CAGR of 4% from 2021 to 2027.
The high demand for cost-effective heating solutions is an important aspect of Underfloor Heating’s increasing market revenue, strong government support and incentives for the development and adoption of energy efficient heating solutions, and strict building regulations to reduce overall energy consumption will drive market growth.
A full report of Underfloor Heating Market available at https://www.orionmarketreports.com/underfloor-heating-market/24329/
Key players
• Mitsubishi Electric Corporation
• Pentair PLC
• Robert Bosch
• Honeywell
• Emersion Electric Co
• Uponor Corporation
• Danfoss
• Schneider Electric SE
• Nexans S.A.
• Siemens AG
Underfloor Heating Market Segmentations
By Product
• Electric
• Hydronic
By Facility
• New Building
• Existing Building
By Application
• Residential
• Commercial
• Industrial
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
