Underfloor Heating Market estimated to gain high demand by 2026 - PowerPoint PPT Presentation

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Underfloor Heating Market estimated to gain high demand by 2026

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Estimates suggests that underfloor heating market size will grow at a notable 5% rate through 2026. – PowerPoint PPT presentation

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Title: Underfloor Heating Market estimated to gain high demand by 2026


1
Underfloor Heating Market Overview by Growth
Opportunities and Forecast over 2020-2026
  • Underfloor heating industry has emerged as a key
    segment in the construction sector. Introduction
    of environmental legislations by various
    regulatory bodies to lower carbon emission has
    shifted consumer focus from conventional heating
    systems toward the adoption clean energy heating
    solutions like underfloor heating. Ease of
    temperature control, high energy efficiency and
    uniform distribution of heat are few of the key
    factors favoring product deployment.
  • The demand for electric underfloor heating
    systems is surging across residential and
    commercial facilities owing to distinct weather
    patterns. Growing preference for energy efficient
    heating systems for desirable in-house
    temperature is likely to foster the industry size
    over the coming years. Estimates suggests that
    underfloor heating market size will grow at a
    notable 5 rate through 2026.

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2
  • Excellent thermal comfort, low operating costs
    and high efficiency rate are the key factors
    encouraging product adoption on a large-scale.
    Extreme climatic conditions are prompting
    consumers to utilize these efficient floor space
    heating systems. Moreover, lower installation
    cost and minimal component utilization will
    further encourage product deployment over the
    coming years.
  • Hydronic underfloor heating systems are
    experiencing high demand as the product offers
    tailored comfort while significantly restricting
    the flow dust and other allergens, which is one
    of the major issues with other heating systems.
    Moreover, it offers several other advantages such
    as cost competitiveness as compared to other
    available market alternatives and easy
    installations. Hydronic underfloor heating system
    are likely to witness maximum integration in
    residential settings due to growing heating
    requirements.
  • Introduction of strict carbon emission
    regulations on carbon emission coupled with the
    continuous demand for energy efficient heating
    solutions in the industrial sector will support
    underfloor heating installation. Industrial
    facilities are rapidly deploying the product on
    account of impressive benefits such as better
    space utilization, low power consumption and
    energy efficient operations.

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  • Regional Analysis
  • Asia Pacific market is set likely to exhibit a
    robust growth rate over the projected timeframe
    on account of expansion of residential
    construction sector and increasing
    commercialization. Heating through integrated
    sensors and thermostats are used to regulate the
    temperature to desired limits. Also, the
    introduction of various state government
    incentives including low interest loan and
    government grants for construction activities
    will fuel opportunities in the region.
  • Competitive Analysis
  • The competitive landscape of global air
    humidifier market is inclusive of players such as
    Neptronic, Winix, Condair, Philips, Stadler Form,
    Carrier, Pure, DriSteem, Vornado Air, Armstrong
    International, Nortec Humidity, Honeywell
    International, Inc., Carel Industries, Dyson,
    Boneco, and Procter Gamble among others.

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