U.S. electric underfloor heating market is set to reach over USD 500 million by 2024. Increasing demand for space heating along with rising energy cost will fuel the business growth. Advancement in technology coupled with declining associated cost will further complement the industry landscape. The government of California has introduced standards to improve the building efficiency with an aim to reduce the overall energy cost.
Shifting focus toward green buildings along with stringent government regulations to reduce carbon footprints will augment the electric underfloor heating market. Introduction of building standards and codes to reduce the energy consumption will further augment the industry landscape. As per the European Union, several directives including EBPD has been introduced to achieve the target of ZEB by 2020.
Electric Underfloor Heating Market size will exceed USD 2.5 billion by Market Size Forecasters research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
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High cost associated with petroleum products along with rising energy demand for localized heating from residential establishments will drive the electric underfloor heating market. As per European Commission, residential sector accounts for 64.7% of energy consumption primarily for heating homes.
Japan, in 2016, accounted for over 15% of Asia Pacific electric underfloor heating market share. Increasing adoption of low emission heating systems coupled with favorable government initiatives to increase energy efficiency will positively influence the business growth. Internal migration of population from remote locations to urban areas will further boost the product demand. In 2016, urban population in Japan has increased up to 93.9% with average growth rate of 0.62% per year.
Electric Underfloor Heating Market, By Top Manufactures
Uponor, Danfoss, Warmup, Emerson Electric, Honeywell, Siemens, Schneider, Sensata technologies, Pentair, Nexans, Robert Bosch, Mitsubishi, Amuheat, REHAU, Hunt Heating and H2O Heating.
Global Electric Underfloor Heating Market, By Application
Residential, Single Family, Multi Family, Commercial, Education, Healthcare, Retail, Logistics and transportation, Offices, Hospitality, Others, Industrial
North America, U.S, Canada, Europe, Germany, UK, France, Italy, Spain, Poland, Russia, Asia Pacifi c, China, India, Japan, South Korea, Malaysia Indonesia, Thailand, Latin America, Brazil, Mexico, Argentina, Middle East & Africa Saudi, Arabia, UAE, Iran, Iraq, Egypt, South Africa
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Featured Table of Content for This Report:
TABLE 1 Electric underfloor heating industry 360 degree synopsis, 2013 – 2024
TABLE 2 Global market, 2013 – 2016, (Revenue)
TABLE 3 Global market, 2017 – 2024, (Revenue)
TABLE 4 Global market by facility, 2013-2016 (USD Million)
TABLE 5 Global market by facility, 2017 – 2024 (USD Million)
TABLE 6 Global market by application, 2013-2016 (USD Million)
TABLE 7 Global market by application, 2017 – 2024 (USD Million)
TABLE 8 Global market by region, 2013-2016 (USD Million)
TABLE 9 Global market by region, 2017 – 2024 (USD Million)
TABLE 10 Industry Impact forces.
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