The underfloor heating market is expected to grow at a CAGR 7.5% between 2024 and 2031, with a market value of USD XX in 2024 and USD YY by 2031. Europe now leads the market, generating the great majority of global revenue. Key metrics include expanding demand for energy-efficient heating solutions, increased construction activity, and continued innovation in underfloor heating technologies.
The market is quickly developing as a result of a greater emphasis on sustainable building practices, higher awareness of energy saving, and a growing demand for comfortable and visually appealing heating systems. Rapid urbanisation and rising disposable incomes in emerging economies are offering enormous economic opportunities.
Market Trend: Smart and connected underfloor heating systems gain traction in the IoT era.
The underfloor heating industry is seeing a significant increase in the integration of smart and connected technologies, which is aligned with the greater Internet of Things (IoT) revolution in home automation. Consumer demand for more efficient, convenient, and adaptable heating solutions is driving this trend. Manufacturers are incorporating capabilities such as Wi-Fi connectivity, smartphone app administration, and integration with smart home ecosystems such as Amazon Alexa and Google Home. For example, some advanced underfloor heating systems now have zone control, which allows users to set various temperatures for different rooms or sections, thereby enhancing both comfort and energy efficiency. Furthermore, the integration of AI and machine learning algorithms enables predictive heating, in which systems learn user preferences and adjust temperatures depending on weather forecasts and occupancy trends. The switch to smart underfloor heating enhances both the user experience and energy economy.
A 2023 study found that smart underfloor heating systems can save up to 25% more energy than traditional systems, making them more desirable to environmentally conscious customers and businesses.
Market Driver: Growing demand for energy-efficient and comfortable heating solutions fuels market growth.
The growing global focus on energy efficiency, as well as the rising need for comfortable living and working spaces, are the key drivers driving the growth of the underfloor heating market. As energy costs rise and environmental concerns intensify, households and businesses seek heating solutions that provide both comfort and energy savings. Underfloor heating systems, particularly hydronic systems, are well renowned for their energy efficiency, with some studies claiming they can be up to 25% more efficient than standard radiator systems. This efficiency is due to the equal distribution of heat and the capacity to operate at lower temperatures while retaining comfort.
For example, a 2023 European Commission assessment found that buildings equipped with underfloor heating systems might save up to 30% more energy than those utilising traditional heating methods. Furthermore, the comfort element plays an important part in increasing adoption. Underfloor heating ensures more uniform heat distribution, removing cold spots and drafts that are common with standard heating systems. This feature is especially appealing in residential settings where comfort is a key issue. The expanding trend of open-plan living areas in modern construction favours underfloor heating because it eliminates the need for visible radiators, resulting in cleaner, more visually appealing interiors.
Market Restraint: High initial installation costs and complexities in retrofit applications hinder market growth.
The underfloor heating sector has significant challenges due to high initial installation costs and the complexities associated with upgrading older buildings, which may hamper market progress, particularly in some segments. Underfloor heating systems, particularly hydronic systems, can be much more expensive to install than traditional heating approaches due to the rigorous labour and materials required.
For example, a 2023 industry study estimated that installing an underfloor heating system in a typical single-family home would cost between $10 and $20 per square foot, depending on the system type and local labour rates. This high initial cost can be a deterrent for many homeowners and businesses, particularly in price-sensitive markets or areas with warmer climates where the long-term benefits are less clear. The retrofit market provides additional challenges, as installing underfloor heating in existing buildings usually requires significant floor height adjustments, considerable structural disruption, and, in some cases, temporary displacement of occupants. These factors not only increase costs but also lengthen installation timelines, making retrofits less enticing to many homeowners. A 2023 poll of European homes indicated that 45% of those interested in underfloor heating saw high installation costs as the most significant barrier to adoption, while 30% were concerned about the disruption caused by retrofit installations. These budgetary and practical constraints may impede the use of underfloor heating systems, particularly in the rehabilitation and retrofitting sectors of the building industry.
Hydronic systems dominate the underfloor heating market, driven by their energy efficiency and versatility in various applications.
Hydronic underfloor heating systems have emerged as the industry leader due to their superior energy efficiency, low operating costs, and ability to interact with a wide range of heat sources. The rising emphasis on sustainable heating solutions, as well as the growing usage of renewable energy sources in building design, contribute to this segment's dominance. Hydronic systems have good heat dispersion and may maintain comfortable temperatures at lower thermostat settings than other heating solutions.
The global market for hydronic underfloor heating systems is forecast to be worth $YY billion in 2023, with a significant increase anticipated in the coming years. The growing adoption of energy-efficient building practices, particularly in Europe and North America, is driving this expansion. The hydronic category also benefits from ongoing technological advancements, such as the development of more efficient circulation pumps and higher-quality pipe materials, which improve system performance and longevity.
Recent industry advancements have improved hydronic systems' position in the underfloor heating market. In late 2023, a leading HVAC company announced a new line of smart hydronic underfloor heating systems with AI-powered temperature control, promising up to 30% energy savings over traditional systems. Furthermore, collaboration between underfloor heating manufacturers and renewable energy companies is growing, resulting in the development of integrated systems capable of efficiently utilising heat from sources like heat pumps and solar thermal collectors. The sector is also seeing increased investment in the research and development of low-temperature hydronic systems, which can successfully work with heat pumps and other low-grade heat sources, making them more appealing in the face of stricter building efficiency regulations.
Europe leads the underfloor heating market, driven by stringent energy efficiency regulations, cold climates, and a strong focus on sustainable building practices.
Europe's dominance in the underfloor heating market is attributed to a number of factors, including the region's strict energy efficiency regulations, regular cold weather in several countries, and a long-standing culture of adopting sustainable building technologies. The European Union's Energy Performance of Buildings Directive (EPBD) and various national initiatives that promote energy-efficient heating solutions have created a conducive environment for the usage of underfloor heating systems.
The high pace of renovation of existing facilities in the region, particularly in Germany, France, and the United Kingdom, strengthens its leadership position. According to the European Commission, around 35% of EU buildings are more than 50 years old, indicating a significant market for energy-efficient retrofits such as underfloor heating installations.
In recent news, the European Parliament set new energy efficiency criteria for early 2024, with the goal of reducing energy use by 11.7% by 2030 when compared to 2020 levels. This legislation is expected to speed up the use of energy-efficient heating solutions, such as underfloor heating systems, in both residential and commercial settings.
In 2023, Europe represented more than 45% of global underfloor heating market revenue. The region has also seen a 20% year-on-year growth in the installation of smart underfloor heating systems, indicating a growing demand for connected and efficient heating solutions.
Germany has been especially proactive in this regard, with its "Energie Transition" (Energiewende) agenda resulting in significant investment in energy-efficient building technologies. In 2023, the UK had a 15% rise in underfloor heating installations in new residential structures compared to the previous year.
The underfloor heating market is typified by a mix of typical HVAC corporations and speciality underfloor heating producers, with rivalry heating up as energy efficiency and smart home integration become important differentiators. Market leaders like Uponor Corporation, Danfoss A/S, and Warmup Plc are leveraging their extensive R&D capabilities, global presence, and varied product portfolios to maintain their positions. These companies have been working to create more energy-efficient, user-friendly, and technologically advanced underfloor heating solutions to meet the evolving needs of customers and the building industry.
As of 2023, the top five companies controlled approximately 40% of the global underfloor heating industry. Uponor Corporation led with a market share of around 12%, followed by Danfoss A/S at 10%. Warmup Plc and Rehau AG each held about 7–8% of the market.
The competitive landscape has recently shifted towards producing integrated heating and cooling solutions. For example, in response to the increased need for year-round climate management solutions, many manufacturers have developed reversible underfloor systems that can provide both heating in the winter and cooling in the summer. Furthermore, there is an increasing emphasis on enhancing the compatibility of underfloor heating systems with renewable energy sources like heat pumps and solar thermal systems, which is consistent with the general trend towards more sustainable construction methods.
Future improvements in smart home technology and energy management systems will undoubtedly have an impact on the competitive climate. Several companies are investing in AI-powered control systems that can maximise heating performance depending on user behaviour, weather conditions, and energy pricing. The market is also seeing an increase in interest from tech companies and startups, particularly in the smart thermostat and home automation space, which have the potential to disrupt traditional underfloor heating business models with innovative digital climate control and energy management solutions.
The underfloor heating market is at a crossroads, preparing for significant change as a result of technological advancements and shifting construction requirements. One noteworthy trend to watch is the integration of underfloor heating with other building systems, particularly in the context of smart buildings and net-zero energy structures. We are seeing early achievements in integrated systems that combine underfloor heating with thermal energy storage, allowing buildings to store excess renewable energy as heat and use it at peak demand. This method not only increases energy efficiency, but it also contributes to grid stability, which is becoming increasingly crucial as more renewable energy sources become available.
Another important development to watch is the growing use of phase change materials (PCMs) in underfloor heating systems. These materials have the ability to significantly improve the efficiency and responsiveness of underfloor heating by absorbing and releasing massive amounts of heat at steady temperatures. Early testing shows that PCM-enhanced underfloor heating systems can give more consistent temperatures while consuming up to 35% less energy than conventional systems.
Furthermore, the growing emphasis on circular economy principles has sparked demand for more environmentally friendly and recyclable materials for underfloor heating systems. Manufacturers who can create systems with a lower environmental impact throughout their lifecycle, from manufacturing to end-of-life recycling, will gain a competitive edge as sustainability becomes a more important factor in building design and construction.
Uponor Corporation
Danfoss A/S
Warmup, plc
Rehau AG
Emerson Electric Co.
Honeywell International Inc.
Robert Bosch GmbH
Mitsubishi Electric Corporation
Schneider Electric SE
Siemens AG
July 2024: Uponor Corporation launches a new line of AI-powered underfloor heating systems that feature predictive maintenance and integrate with major smart home platforms.
Danfoss A/S signed a strategic partnership with a leading renewable energy company in September 2024 to develop integrated underfloor heating solutions that operate well with air-source heat pumps.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope and Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking—Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies List by Country) (Premium)
5. COMPANY PROFILES
5.1. Uponor Corporation
5.2. Danfoss A/S
5.3. Warmup, plc
5.4. Rehau AG
5.5. Emerson Electric Co.
5.6. Honeywell International Inc.
5.7. Robert Bosch GmbH
5.8. Mitsubishi Electric Corporation
5.9. Schneider Electric SE
5.10. Siemens AG (LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Smart and connected underfloor heating systems gain traction
6.1.2. Integration of phase change materials (PCMs) in underfloor heating
6.1.3. Convergence of underfloor heating with other building systems
6.2. Market Drivers
6.2.1. Growing demand for energy-efficient and comfortable heating solutions
6.2.2. Stringent energy efficiency regulations in buildings
6.2.3. Increasing adoption of sustainable building practices
6.3. Market Restraints
6.3.1. High initial installation costs and complexities in retrofit applications
6.3.2. Competition from alternative heating technologies
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
7.1. Electric Systems
7.1.1. Cable Systems
7.1.2. Mat Systems
7.2. Hydronic Systems
7.2.1. Pipe Systems
7.2.2. Panel Systems
8. BY INSTALLATION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH)--2020-2031)
8.1. New Installation
8.2. Retrofit
9. BY APPLICATION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
9.1. Residential
9.1.1. Single-family houses
9.1.2. Multi-family Houses
9.2. Commercial
9.2.1. Offices
9.2.2. Retail Spaces
9.2.3. Healthcare Facilities
9.2.4. Educational Institutions
9.2.5. Others
9.3. Industrial
10. BY COMPONENT (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
10.1. Heating Pipes/Cables
10.2. Manifolds
10.3. Sensors
10.4. Thermostats
10.5. Others
11. REGION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2020-2031)
11.1. North America
11.1.1. United States
11.1.2. Canada
11.1.3. Mexico
11.2. South America
11.2.1. Brazil
11.2.2. Argentina
11.2.3. Rest of South America
11.3. Europe
11.3.1. Germany
11.3.2. United Kingdom
11.3.3. France
11.3.4. Italy
11.3.5. Spain
11.3.6. Russia
11.3.7. Rest of Europe
11.4. Asia-Pacific
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia
11.4.5. South Korea
11.4.6. Rest of Asia-Pacific
11.5. Middle-East
11.5.1. UAE
11.5.2. Saudi Arabia
11.5.3. Turkey
11.5.4. Rest of Middle East
11.6. Africa
11.6.1. South Africa
11.6.2. Egypt
11.6.3. Rest of Africa
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (2020-2031)
By Type:
Electric Systems
Hydronic Systems
By Installation:
New Installation
Retrofit
By Application:
Residential
Commercial
Industrial
By Component:
Heating pipes and cables
Manifolds
Sensors
Thermostats
Others
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
We at Aurorawave Intellects Market Report gives total market analysis that suit our customer business need and permit decision maker to run organizations without any problem. We have accomplished greatness in giving start to finish market research arrangements. Our detachment of industry specialists accumulate key data and get ready substance that lines up with our customer's business/specialty.
We at aurorawaveintellects.com offer mainly 3 types of licenses:
• Single User: Research Report copy can be distributed to a single user only
• Multi User: Research Report distribution is restricted up to 5 users.
• Corporate License :Research Report can be distributed across the company.
Based on the nature of the topic or research, the formats vary. The different formats of the report are as following:
• Word Document
• PPT
Following modes are available for making the payment:
• Online Payment (Visa Card, Master Card, Stripe)
• Razorpay
• Net Banking
• Bank Wire Transfer
Our customer service and research specialist team are available by phone and by email. Customer service hours are 24X7 Indian Standard Time (IST). You may reach us at:
• Email: info@aurorawaveintellects.com
• United Kingdom: ++91 7382742511
