Dublin, Sept. 09, 2024 (GLOBE NEWSWIRE) — The “Underfloor Heating Market by Type (Manifolds & Valves, Zone Valves, Heating Pipes, Wiring Centers, Zone Valves, Thermal Actuators, Heating Cables, Mats, Thermostats & Sensors), Offering, Installation Type (New, Retrofit), Region – Global Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering. The global underfloor heating market was valued at USD 5.3 billion in 2024 and is estimated to reach USD 7.6 billion by 2029, registering a CAGR of 7.3% during the forecast period. The rising urbanization, regulatory requirements for sustainable construction activities, enhanced air quality inside the residential as well as commercial complexes, zoning capabilities as well as other strategies foster a reasonable setting for underfloor heating market.

They use a network of electric cables embedded in the floor to distribute heat. These systems are becoming increasingly popular due to their energy efficiency, ease of installation, and flexibility in design. **Key Features of Electric Underfloor Heating Systems:**

* **Energy Efficiency:** Electric underfloor heating systems are highly energy-efficient, converting a high percentage of electrical energy into heat.

* The global market for underfloor heating systems is expected to grow significantly in the coming years. * The installation segment is expected to grow at a faster rate than the market for underfloor heating systems as a whole. * The rising popularity of underfloor heating systems in new construction projects is a key driver of this growth.

North America will contribute significantly to the growth rate in underfloor heating market North America is poised to contribute a significant share to the underfloor heating market for several compelling reasons. The region boasts a robust industrial, commercial as well as residential base across that forms an integral to managing complex heating processes, ensuring regulatory compliance, and improving efficiency. Advanced heating technologies enable real-time monitoring, predictive maintenance, and data analytics, thereby supporting agile decision-making and continuous improvement initiatives. Research Coverage This research report categorizes the underfloor heating market by type, end-use, and region (North America, Europe, Asia Pacific). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the underfloor heating market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the underfloor heating market. This report covers competitive analysis of upcoming startups in the underfloor heating market ecosystem.

The report will also provide insights into the key drivers and challenges impacting the market. The report will also help in understanding the competitive landscape and identify potential opportunities for growth. ## Underfloor Heating Market Report: A Comprehensive Analysis

This report provides a comprehensive analysis of the underfloor heating market, offering valuable insights for market leaders, new entrants, and investors.

Market Dynamics Drivers Increasing Demand for Cost-Effective and Advanced Heating Solutions Rising Adoption due to Government Support and Incentives Implementation of Stringent Building Codes Integration of Renewable Energy Sources Restraints Longer Response Time Than for Other Heating Systems High Installation Costs Time-Consuming and Complex Regulatory Approval Process Opportunities Technological Advancements and Digitalization Trends Emergence of IoT-based Underfloor Heating Systems Expanding Construction Industry Challenges Setup Issues Associated with Underfloor Heating Systems Pricing Analysis Average Selling Price Trend of Key Players, by Component Type Average Selling Price Trend, by Region Technology Analysis Key Technologies Internet of Things (IoT) Predictive Maintenance Complementary Technologies Artificial Intelligence (AI)

Adjacent Technologies Graphene Heating Films Case Study Analysis nVent Raychem Installs Responsive Underfloor Heating System at Luxury Development Continental’s Oneboard System Solves Structural Challenges at Newbuild Property Devex Systems Provides Hydronic Underfloor Heating at Australian Church Warmup Provides Hydronic Underfloor Heating System for Upmarket Apartment Complex Warmup Successfully Installs Zone-based Underfloor Heating System at Housing Development Thermo Floor UK Designs Modern Underfloor Heating System for Trinity College Chapel Trade Analysis Import Scenario (HS Code 841861) Export Scenario (HS Code 841861) Companies Featured Resideo Technologies Inc. nVent Warmup PLC Rehau Ltd. Magnum Heating Group B.V. Uponor Corporation Emerson Electric Co. Robert Bosch GmbH

Danfoss Mitsubishi Electric Corporation Siemens AG Schneider Electric Incognito Heat Co. Myson Thermosoft International Corporation Flexel International Nexans Amuheat ESI Heating and Cooling Janes Radiant Heating Warmafloor Rayotec Ltd. RBT Underfloor Ltd. uHeat Schluter-Systems For more information about this report visit https://www.researchandmarkets.com/r/fq10zv About ResearchAndMarkets.com ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment