Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Offering (Hardware, Service), By Product Type (Hydronic Underfloor Heating, Heating Pipes, Thermostats and Sensors, Thermal Actuators, Zone Valves, Wiring Centers, Manifolds and Valves, Electric Underfloor Heating), By Installation Type (New Installation, Retrofit Installation), By Application (Residential, Commercial, Industrial, Healthcare, Sports & Entertainment, Others) And Competitive Landscape
Product Code: ETC436281 | Publication Date: Nov 2022 | Updated Date: Apr 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Europe Underfloor Heating Market |
Forecast period | 2024-2030 |
CAGR | 6.4% |
Growing Sector | Residential |
Europe Underfloor Heating Market report thoroughly covers the market by countries, by offering, by product type, by installation type, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe underfloor heating market has seen steady growth in recent years, driven by the increasing demand for energy-efficient and sustainable heating solutions. Another trend is the integration of renewable energy sources with underfloor heating systems. By combining solar panels, heat pumps, or biomass boilers with underfloor heating, homeowners can reduce their carbon footprint and lower their energy bills. This trend is in line with the European Union's goal of achieving carbon neutrality by 2050.
According to 6Wresearch, the Europe Underfloor Heating Market size is estimated to grow at a CAGR of 6.4% during the forecast period 2024-2030. One of the key drivers of the underfloor heating market in Europe is the rising awareness and adoption of green building practices. With a growing focus on reducing carbon emissions and preserving the environment, governments and consumers are increasingly turning to energy-efficient heating solutions like underfloor heating. Moreover, underfloor heating offers several benefits over traditional heating methods. It distributes heat evenly throughout the room, eliminates cold spots, and reduces the risk of allergies caused by dust circulation. These factors have also contributed to the growth of the Europe Underfloor Heating industry. The underfloor heating market in Europe is experiencing several trends that are shaping its future growth. One of these trends is the adoption of smart technology in underfloor heating systems. With the rise of smart homes, consumers are increasingly looking for heating solutions that can be controlled and monitored remotely through their smartphones or other devices.
Governments across Europe are introducing various initiatives to encourage the use of underfloor heating systems, especially those integrated with renewable energy sources. Subsidies and tax incentives are being offered to homeowners who choose to install energy-efficient heating solutions. Furthermore, new building regulations are coming into effect, mandating the incorporation of sustainable heating technologies in new constructions.
The European underfloor heating market is driven by several key players who are innovating and expanding their product offerings. Companies like Uponor Corporation, Danfoss, and Siemens are at the forefront, offering a wide range of underfloor heating solutions that cater to the diverse needs of European consumers.
The Europe Underfloor Heating Market growth is set to undergo significant transformation. The further integration of IoT and smart home technologies will make underfloor heating systems more efficient, user-friendly, and compatible with various energy sources. Additionally, as European consumers become more environmentally conscious, the demand for underfloor heating systems that can be powered by renewable energy sources is expected to rise sharply.
According to Nitesh, Research Manager, 6Wresearch, Germany currently leads the market. This is attributed to its strong emphasis on energy efficiency and sustainable living, bolstered by governmental policies and incentives encouraging the adoption of green technologies.
Based on the application, the Residential sector is dominating the Europe Underfloor Heating Market revenue, marking a significant shift towards energy-efficient and comfortable living environments. This trend is driven by the increasing awareness among homeowners about the long-term cost savings and environmental benefits of using underfloor heating systems.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Underfloor Heating Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Underfloor Heating Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Underfloor Heating Market - Industry Life Cycle |
3.4 Europe Underfloor Heating Market - Porter's Five Forces |
3.5 Europe Underfloor Heating Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Europe Underfloor Heating Market Revenues & Volume Share, By Offering, 2020 & 2030F |
3.7 Europe Underfloor Heating Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.8 Europe Underfloor Heating Market Revenues & Volume Share, By Installation Type, 2020 & 2030F |
3.9 Europe Underfloor Heating Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Europe Underfloor Heating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Underfloor Heating Market Trends |
6 Europe Underfloor Heating Market, 2020-2030 |
6.1 Europe Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
6.2 Europe Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
6.3 Europe Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
6.4 Europe Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
7 Germany Underfloor Heating Market, 2020-2030 |
7.1 Germany Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
7.2 Germany Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
7.3 Germany Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
7.4 Germany Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
8 United Kingdom Underfloor Heating Market, 2020-2030 |
8.1 United Kingdom Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
8.2 United Kingdom Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
8.3 United Kingdom Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
8.4 United Kingdom Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
9 France Underfloor Heating Market, 2020-2030 |
9.1 France Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
9.2 France Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
9.3 France Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
9.4 France Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
10 Italy Underfloor Heating Market, 2020-2030 |
10.1 Italy Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
10.2 Italy Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
10.3 Italy Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
10.4 Italy Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
11 Russia Underfloor Heating Market, 2020-2030 |
11.1 Russia Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
11.2 Russia Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
11.3 Russia Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
11.4 Russia Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
12 Spain Underfloor Heating Market, 2020-2030 |
12.1 Spain Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
12.2 Spain Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
12.3 Spain Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
12.4 Spain Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
13 Rest of Europe Underfloor Heating Market, 2020-2030 |
13.1 Rest of Europe Underfloor Heating Market, Revenues & Volume, By Offering, 2020-2030 |
13.2 Rest of Europe Underfloor Heating Market, Revenues & Volume, By Product Type, 2020-2030 |
13.3 Rest of Europe Underfloor Heating Market, Revenues & Volume, By Installation Type, 2020-2030 |
13.4 Rest of Europe Underfloor Heating Market, Revenues & Volume, By Application, 2020-2030 |
14 Europe Underfloor Heating Market Key Performance Indicators |
15 Europe Underfloor Heating Market - Opportunity Assessment |
15.1 Europe Underfloor Heating Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Europe Underfloor Heating Market Opportunity Assessment, By Offering, 2020 & 2030F |
15.3 Europe Underfloor Heating Market Opportunity Assessment, By Product Type, 2020 & 2030F |
15.4 Europe Underfloor Heating Market Opportunity Assessment, By Installation Type, 2020 & 2030F |
15.5 Europe Underfloor Heating Market Opportunity Assessment, By Application, 2020 & 2030F |
16 Europe Underfloor Heating Market - Competitive Landscape |
16.1 Europe Underfloor Heating Market Revenue Share, By Companies, 2023 |
16.2 Europe Underfloor Heating Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |