Title: Underfloor Heating Market: Future Demand, Market Analysis & Outlook to 2017 – 2024
1Underfloor Heating Market Growth, Application
Analysis from 2017 to 2024
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2Global Market Scenario of Underfloor Heating
Market
- The recent deal between Jupiter Heating Systems
and New Era Floor Systems highlights the
developments prevalent in underfloor heating
market. - The strategic agreement, that was formally
announced in the March of 2017, was focused on
the development of a new underfloor heating
system within a batten cradle structure, that
would be amply deployed across numerous end-use
domains. - The rising preference for underfloor heating
across the high end residential ventures has thus
necessitated the requirement of a lightweight
solution without compromising on the quality of
the design.
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3Continue-
- The new launch by Jupiter Heating Systems and New
Era Floor Systems precisely functions alongside
these expectations, and has been predicted to
considerably boost underfloor heating market
trends. - Over the past few years, the demand for
underfloor heating (UHF) systems has been
substantially escalating, prompting companies to
build new systems for retrofit applications. - These systems, which are built to operate at
lower temperatures as compared to radiator
systems, have found wide applications in boilers
and heat pumps.
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4U.S. Underfloor Heating Market by Application,
2016 2024 (USD Million)
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5360 Industry Analysis
- It is prudent to note that heated floors
distribute heat uniformly across each room and
warm the room space through an accurate
combination of heat conduction and radiant
energy. In a modern, well-insulated house, UFH
systems act as a primary tool for heat
distribution and eliminate the requirement of
radiators, on the grounds of which they are
extensively used across residential, commercial,
and industrial sectors.
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6- Regional Analysis
- China, which contributed over 30 toward the
regional underfloor heating industry share in
2016, is predicted to experience a lucrative
growth over the years to come. Rise in green
building constructions in conjunction with
Chinas eleventh five-year plan is anticipated to
fuel the product demand across the region. - Competitive Analysis
- Honeywell International Incorporation, Schneider
Electric SE, Bosch, Siemens AG, The Mitsubishi
Group, and REHAU are some of the reputed firms
that have made their presence felt across
underfloor heating industry.
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