India Underfloor Heating Market (2022-2028) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

India Underfloor Heating Market Synopsis

The India Underfloor Heating Market is projected to evolve effortlessly during the forecast period. The industry has been witnessing huge growth due to growing awareness regarding the advantages and features of underfloor heating, growing demand for energy-efficient houses, and growing spending on infrastructure development. The market is likely to evolve smoothly in the years to come.

According to 6Wresearch, the India Underfloor Heating Market size is expected to grow during 2022-2028. The industry has been witnessing huge growth due to growing awareness regarding the advantages and features of underfloor heating, growing demand for energy-efficient houses, and growing spending on infrastructure development. The growth of the industry is driven by urbanization and rising population in the country, as well as growing demand for sustainable and energy-efficient buildings. Government initiatives to promote the market in many parts of the nation is also contributing to the development of the market. The government initiatives play a major role in the upliftment of this industry in the country. The market is growing at a faster pace and government initiatives are the biggest reason behind the growth of the market. Growth in green technology investment is also driving the market growth.

The growing competition in the sector is also one of the major factors boosting the growth of the market. The increasing competition in the market is leading to more innovative and advance businesses in the market that are coming up with the best products in order to meet the requirements of their consumers in the best ways possible. The market is the biggest part of the Asia Pacific Underfloor Heating Market which is driving the growth of the sector. However, the lack of knowledge among consumers about the benefits and features of this system and high prices of installation are restraining the growth of the industry.

COVID-19 Impact on India Underfloor Heating Market

The India Underfloor Heating Industry faced significant challenges during the COVID-19 pandemic. Each market across the world that was unable to meet the basic human survival came across various challenges. Some faced temporary shutdown owing to lockdown measures. Only few sectors like healthcare, grocery, agriculture, etc were operating during the pandemic owing to their importance in the lives of people. The underfloor heating market in the country faced numerous growth challenges since there was restriction on various markets. The key consumers of the market stopped buying these services that led to a significant disruption in the market. The market has recovered from every challenge and is projected to reach new growth. The India Underfloor Heating Market share is likely to evolve during the forecast period.

Market Analysis by Product Type

Based on product type, the Underfloor Heating Market in India can be segmented into Hydronic Underfloor Heating, Heating Pipes, Thermostats And Sensors, Thermal Actuators, Zone Valves, Wiring Centers, Manifolds And Valves, and Electric Underfloor Heating. Among these, the hydronic segment is projected to dominate the market over the forecast period. This heating system includes the network of pipes operating under the floor.

Market Analysis by Installation Type

Based on installation type, the industry in the country is segmented into New Installation, and Retrofit Installation. The new installation held the largest position in the industry in the past few years and this segmented is likely to dominate the market in the next five years. Installation that provides fresh underfloor system of heating with material, insulation and equipment are the new installation.

Market Analysis by Application

Based on application, the sector in India can be divided into Residential, Commercial, Industrial, Healthcare, Sports & Entertainment, and Others. Among these, the residential segment is dominating the industry and is projected to hold the dominant position in the market in the near future since it is the largest user of underfloor heating system in the country.

Drivers and Trends of India Underfloor Heating Market

The growth of the industry is driven by urbanization and rising population in the country, as well as growing demand for sustainable and energy-efficient buildings. Government initiatives to promote the market in many parts of the nation is also contributing to the development of the market. The government initiatives play a major role in the upliftment of this industry in the country. The market is growing at a faster pace and government initiatives are the biggest reason behind the growth of the market. Growth in green technology investment is also driving the market growth. The increasing competition in the sector is also driving the growth of the market.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• India Underfloor Heating Market Outlook
• Market Size of India Underfloor Heating Market, 2021
• Forecast of India Underfloor Heating Market, 2028
• Historical Data and Forecast of India Underfloor Heating Revenues & Volume for the Period 2018 - 2028
• India Underfloor Heating Market Trend Evolution
• India Underfloor Heating Market Drivers and Challenges
• India Underfloor Heating Price Trends
• India Underfloor Heating Porter's Five Forces
• India Underfloor Heating Industry Life Cycle
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Offering for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Hardware for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Service for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Product Type for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Hydronic Underfloor Heating for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Heating Pipes for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Thermostats and Sensors for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Thermal Actuators for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Zone Valves for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Wiring Centers for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Manifolds and Valves for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Electric Underfloor Heating for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Installation Type for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By New Installation for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Retrofit Installation for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Residential for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Commercial for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Industrial for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Healthcare for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Sports & Entertainment for the Period 2018 - 2028
• Historical Data and Forecast of India Underfloor Heating Market Revenues & Volume By Others for the Period 2018 - 2028
• India Underfloor Heating Import Export Trade Statistics
• Market Opportunity Assessment By Offering
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Installation Type
• Market Opportunity Assessment By Application
• India Underfloor Heating Top Companies Market Share
• India Underfloor Heating Competitive Benchmarking By Technical and Operational Parameters
• India Underfloor Heating Company Profiles
• India Underfloor Heating Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

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