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Underfloor Heating Market Segmentation Insights
- Type
- Hydronic Underfloor Heating
The hydronic underfloor heating market will account for the highest market share in 2021. The segment will continue to account for the largest market share hydronic underfloor heating can use heat from different sources, including geothermal, solar electrical energy, heat pump, or boilers, using different types of fuel. Hence, hydronic underfloor heating systems not only involve a much lower cost than electric underfloor heating systems but are also more energy-efficient.
- Electric Underfloor Heating
- Geography
- Europe
45% of the market's growth will originate from Europe during the forecast period. Germany, the UK, and France are the key markets for the underfloor heating market in Europe. The rise in government regulations to reduce GHG emissions will fuel the market's growth during the forecast period.
- North America
- APAC
- South America
- Middle East And Africa
Download Report Sample for more information on each contributing segment
Underfloor Heating Market Vendor Landscape
The underfloor heating market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Computime Group Ltd., Danfoss AS, Emerson Electric Co., Flexel International Ltd., Genuit Group Plc, Honeywell International Inc., Incognito Heat Co. Ltd., Jupiter Heating Systems Ltd., Mitsubishi Electric Corp., Nexans SA, nVent Electric Plc, Purmo Group Plc, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Speedheat Intenational, ThermoSoft International Corp., Toshiba Corp., Uponor Corp., and WARMup are some of the major market participants.
Market vendors are strengthening their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Companies such as Danfoss AS are offering wide range of heating cables such as 109025 series, 109027 series among others whose gross and net weight varies around 0.09 kg to handle the operating temperature of around 120-degree celcius with 5 years of warranty.
Speak to our Analysts for Customized Report on Each Vendor and their Strategic Initiatives
Underfloor Heating Market Scope
Technavio categorizes the global underfloor heating market as a part of the global construction and engineering market. Our report provides extensive information on the value chain analysis for the underfloor heating market, which vendors can leverage to gain a competitive advantage during the forecast period.
The report also covers the following areas:
Underfloor Heating Market Takeaways
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist underfloor heating market growth during the next five years
- Estimation of the underfloor heating market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the underfloor heating market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of underfloor heating market vendors
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Underfloor Heating Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.21% |
Market growth 2022-2026 |
$ 1.62 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.54 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 45% |
Key consumer countries |
US, China, Germany, UK, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Computime Group Ltd., Danfoss AS, Emerson Electric Co., Flexel International Ltd., Genuit Group Plc, Honeywell International Inc., Incognito Heat Co. Ltd., Jupiter Heating Systems Ltd., Mitsubishi Electric Corp., Nexans SA, nVent Electric Plc, Purmo Group Plc, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Speedheat Intenational, ThermoSoft International Corp., Toshiba Corp., Uponor Corp., and WARMup |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
5.1 Market segments
Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type
5.3 Hydronic underfloor heating - Market size and forecast 2021-2026
Exhibit 28: Chart on Hydronic underfloor heating - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Hydronic underfloor heating - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Hydronic underfloor heating - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Hydronic underfloor heating - Year-over-year growth 2021-2026 (%)
5.4 Electric underfloor heating - Market size and forecast 2021-2026
Exhibit 32: Chart on Electric underfloor heating - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Electric underfloor heating - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Electric underfloor heating - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Electric underfloor heating - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Type
Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 Europe - Market size and forecast 2021-2026
Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 Germany - Market size and forecast 2021-2026
Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.10 China - Market size and forecast 2021-2026
Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
7.11 UK - Market size and forecast 2021-2026
Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.12 France - Market size and forecast 2021-2026
Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 Danfoss AS
Exhibit 89: Danfoss AS - Overview
Exhibit 90: Danfoss AS - Business segments
Exhibit 91: Danfoss AS - Key news
Exhibit 92: Danfoss AS - Key offerings
Exhibit 93: Danfoss AS - Segment focus
10.4 Emerson Electric Co.
Exhibit 94: Emerson Electric Co. - Overview
Exhibit 95: Emerson Electric Co. - Business segments
Exhibit 96: Emerson Electric Co. - Key news
Exhibit 97: Emerson Electric Co. - Key offerings
Exhibit 98: Emerson Electric Co. - Segment focus
10.5 Honeywell International Inc.
Exhibit 99: Honeywell International Inc. - Overview
Exhibit 100: Honeywell International Inc. - Business segments
Exhibit 101: Honeywell International Inc. - Key news
Exhibit 102: Honeywell International Inc. - Key offerings
Exhibit 103: Honeywell International Inc. - Segment focus
10.6 Incognito Heat Co. Ltd.
Exhibit 104: Incognito Heat Co. Ltd. - Overview
Exhibit 105: Incognito Heat Co. Ltd. - Product / Service
Exhibit 106: Incognito Heat Co. Ltd. - Key news
Exhibit 107: Incognito Heat Co. Ltd. - Key offerings
10.7 Mitsubishi Electric Corp.
Exhibit 108: Mitsubishi Electric Corp. - Overview
Exhibit 109: Mitsubishi Electric Corp. - Business segments
Exhibit 110: Mitsubishi Electric Corp. - Key news
Exhibit 111: Mitsubishi Electric Corp. - Key offerings
Exhibit 112: Mitsubishi Electric Corp. - Segment focus
10.8 Robert Bosch GmbH
Exhibit 113: Robert Bosch GmbH - Overview
Exhibit 114: Robert Bosch GmbH - Business segments
Exhibit 115: Robert Bosch GmbH - Key news
Exhibit 116: Robert Bosch GmbH - Key offerings
Exhibit 117: Robert Bosch GmbH - Segment focus
10.9 Schneider Electric SE
Exhibit 118: Schneider Electric SE - Overview
Exhibit 119: Schneider Electric SE - Business segments
Exhibit 120: Schneider Electric SE - Key news
Exhibit 121: Schneider Electric SE - Key offerings
Exhibit 122: Schneider Electric SE - Segment focus
10.10 Siemens AG
Exhibit 123: Siemens AG - Overview
Exhibit 124: Siemens AG - Business segments
Exhibit 125: Siemens AG - Key news
Exhibit 126: Siemens AG - Key offerings
Exhibit 127: Siemens AG - Segment focus
10.11 Toshiba Corp.
Exhibit 128: Toshiba Corp. - Overview
Exhibit 129: Toshiba Corp. - Business segments
Exhibit 130: Toshiba Corp. - Key news
Exhibit 131: Toshiba Corp. - Key offerings
Exhibit 132: Toshiba Corp. - Segment focus
10.12 Uponor Corp.
Exhibit 133: Uponor Corp. - Overview
Exhibit 134: Uponor Corp. - Business segments
Exhibit 135: Uponor Corp. - Key news
Exhibit 136: Uponor Corp. - Key offerings
Exhibit 137: Uponor Corp. - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 138: Inclusions checklist
Exhibit 139: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 140: Currency conversion rates for US$
11.4 Research methodology
Exhibit 141: Research methodology
Exhibit 142: Validation techniques employed for market sizing
Exhibit 143: Information sources
11.5 List of abbreviations
Exhibit 144: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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