Underfloor Heating Market Size, Share and Growth

Updated on : October 22, 2024

Underfloor Heating Market Size & Growth

The global underfloor heating market size was valued at USD 5.3 billion in 2024 and is estimated to reach USD 7.6 billion by 2029, growing at a CAGR of 7.3% during the forecast period from 2024 to 2029.

Fast adoption of heating systems and solutions such as electric systems, hydronic systems and other products types such as mats, cables, pipes, and others is boosting the market in various applications like residential, commercial, and industrial.

Emerging trends in renewable recovery ventilation, precision indoor climate control, and renewable integration, where the entrance of new players into the marketplace brings innovation and cost effectiveness that will drive this market. Adaptive climate control is one of the key trends driving the market in various regions such as Europe and North America. Furthermore, need for increased energy efficiency in HVAC, low maintenance system, safety and ease of installation, adaptability of heaters with all types of floor coverings  and different designs, space, comfort level is driving the market for underfloor heating.Consistent heat distribution is a major driving factor in underfloor heating as a result of which various applications are installing underfloor heating as per the need.

Impact of AI on the Underfloor Heating Market

AI facilitates integration with energy sources as well as efficient energy optimization in the underfloor heating market. It also enhances the underfloor heating system by incorporating real-time weather data, adjusting heating in a pre-emptive way, optimizing energy use, and minimizing costs with dynamic energy pricing. Through smart scheduling, it efficiently manages heating where spaces are vacant as per the time alloted. Advanced condition monitoring and control enable component performance to be monitored and maintained, while AI collects user feedback to fine-tune system settings for optimal comfort and user satisfaction. In multi-zone systems, AI works towards load balancing, hence averting overloads while optimizing heating. Other than this, it can provide integration with renewable sources of energy that would allow for optimization in regard to using either solar or geothermal energy. It also evaluates the impact the system has on the environment, thus promoting eco-friendliness. It also enhances user experience through intuitive interfaces and personalized settings, hence making the system more accessible and responsive to the needs of each person.

Underfloor Heating Market Trends:

Attractive Opportunities in the Underfloor heating Market

Underfloor Heating Market Forecast to 2029

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Underfloor Heating Market Dynamics

Driver: High comfort and flexibility associated with underfloor heating systems

It spreads the heat uniformly to eliminate any cold spots, thereby giving out consistent warmth throughout the room. There will be no mounted heating equipment or radiators mounted on the walls, and therefore it can provide draft-free ambiance with no cold floors ever. Underfloor heating thus offers flexibility that will let one's imagination run wild when choosing furniture or room layouts. Very many floor coverings can be chosen by the customer without any kind of compromise on the efficiency of his underfloor heating. Zoning capabilities assure maximum comfort with customized temperature control in various regions. This quiet heating system, in part, reduces air circulation and dust/allergen flows, making for cleaner air inside for a more peaceful living space. These many advantages make underfloor heating a really versatile, efficient, and comfortable way of heating up a home fast.

Restraint: Longer response time than other heating systems

The response time for an underfloor heating system is typically longer than other heating systems, especially when the pipe or cable is embedded in a solid floor. As a result, if used infrequently, underfloor heating may not be considered the most efficient system. It can take around 1-2 hours for underfloor heating systems to thoroughly warm up a room, while radiators can do the same in just 20-30 minutes. Warming up a wooden floor can take over an hour, while concrete floors might take a few hours. This may not be an issue if the property is continuously occupied or if the underfloor heating system is used as an alternative heating source. However, it could be a disadvantage if immediate warmth is necessary in a room and the user relies solely on the underfloor system.

Opportunity: Expanding construction industry

Underfloor heating system, in turn, will gain smooth acceleration with the increasing construction and infrastructure development activities because of fast urbanization and huge populations. This growing construction industry will result in a higher demand for underfloor heating systems. In this effect, demand for heating systems, including underfloor heating, will increase because of the higher number of buildings and houses. The continuous advancements in underfloor heating technology, providing features such as smart thermostats, wireless controls, and energy-efficient components, have turned it into an increasingly attractive option for the construction industry. This has made the builder and developer more centered toward integration of such advanced heating systems, such as underfloor heating, into their projects. The building construction industry is bound to increase drastically the world over during the next decade, with close attention being put on developing countries. As Construction Global states, it is estimated that the construction industry will grow by 35% in the period before 2030, with an average annual growth rate of 3.6% per year, and this will drive the demand for floor heating in colder regions.

Challenge: Setup issues associated with underfloor heating systems

A number of challenges may have to be overcome during the installation of underfloor heating systems, which affects their efficiency and effectiveness. The underfloor heating systems should accommodate diverse types of flooring material. Some flooring materials, such as thick carpets or certain types of wood, will necessarily act as a hindrance to heat transfer or require additional insulation. The subfloor should be prepared in order to allow the even distribution of heat since an uneven or damaged subfloor results in hotspots or cold areas. Design considerations, such as room size and shape and insulation, need attention for the best performance and to guard against patchy heating associated with inadequate system design or coverage. Integrating underfloor heating into an existing building is not free of its problems either—modifications are needed and careful planning to integrate the plumbing or electrical systems without disruption. The underfloor heating system is no exception to maintenance and repairs either. This makes the provision of proper access points for servicing activities, such as valve controls or sensors, very important to minimize disruption to the flooring and surrounding structures.

Underfloor Heating Market Ecosystem

The Underfloor heating market is competitive, with major companies such as Resideo Technologies Inc (US), nVent Electric Plc (UK), Warmup (UK) Siemens (Germany),Emerson Electric Co.(US), Mitsubishi Electric Corporation (Japan) and Schneider Electric (US), among others, are the significant providers of underfloor heating and numerous small- and medium-sized vital enterprises. Many players offer underfloor heating solutions, while many players and details offer integration services. These integration services are widely required in various applications.

Underfloor Heating Market Segmentation

Based on the offering, the hardware segment in underfloor heating market is expected to account for the largest market share in 2023.

The hardware segment is expected to hold a larger market share in 2029, while the service segment is expected to register a higher CAGR in the underfloor heating market during the forecast period. Hardware components mainly include heating pipes, heating cables, distribution units, sensors, and control interfaces. Wet/hydronic and dry/electric underfloor heating systems require different hardware components. The services segment primarily includes installation and repair and maintenance services. The rising adoption of installation services is mainly for hydronic underfloor heating systems. The manifold and valve segment form the primary parts in underfloor heating systems. Growth of the segment is propelled by the rise in demand for energy-efficient heating, expansion in the construction industry, advanced technology, government regulations, and growing consumer awareness

Based on the application, the residential application is projected to contribute significantly to the market share during the forecast period

Underfloor heating is ideal for new buildings and is also becoming popular for renovations because of the development of innovative products in this area. The growing contemporary design trend has motivated consumers to create a clean and uncluttered look throughout their homes. Also, favorable government regulations and tax credit facilities for installing energy-efficient systems and a high focus on energy savings and minimizing energy bills have significantly contributed to the growth of the market in residential applications.

Underfloor Heating Industry Regional Analysis

Based on region, Europe is projected to grow fastest for the underfloor heating industry

Global trend to low-carbon economy is significantly scaled up in Europe and Europe's  focus on implementing energy efficiency policies for meeting heating requirements is expected to have significant market in underfloor heating. Also, higher levels of insulation driven by the regulatory requirements and government initiatives contribute to a reduction in the overall heating load, making underfloor heating a more practical and efficient heating solution in Europe. For instance, the EU has targeted zero carbon emissions from buildings in the UK. The UK government is giving tax benefits to users of renewable energy systems. These initiatives will likely help the market grow at the highest CAGR during the forecast period..

Underfloor Heating Market by Region

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Top Underfloor Heating Companies - Key Market Players

• Resideo Technologies Inc (US), 
• nVent Electric Plc (UK), 
• Warmup (UK),
• Siemens (Germany),
• Emerson Electric Co.(US), Mitsubishi Electric Corporation (Japan) and Schneider Electric (US) are among the major players in the underfloor heating companies.

Underfloor Heating Market Report Scope

Underfloor Heating Market Highlights

This research report categorizes the underfloor heating market share based on type & end-use and region

Recent Developments in Underfloor Heating Industry

• In April 2023, Resideo Technologies, Inc., has introduced the Honeywell Home T10+ Smart Thermostat Kits preloaded with RedLINK® 3.0 technology, bringing the ability to control three distinct types of IAQ equipment at once.
• In June 2022, nVent announced that it has expanded its collaboration with the world-renowned MAPEI, a company that operates with a commitment to the manufacturing of chemical products for the construction market. Consistent with the collaboration, the companies are joining quality electric underfloor heating technologies from nVent RAYCHEM with the wide range of MAPEI products for flooring installation.
• In June 2021, Warmup Inc. entered into a strategic partnership with Concora for a digital experience platform for commercial manufacturers of building products.

Frequently Asked Questions (FAQs):

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