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Hydronic Underfloor Heating Market to grow 8%
CAGR from 2017 to 2024: Global Market Insights
Hydronic Underfloor Heating industry analysis is covered in this latest research
report that aims to help those taking daily business decisions by providing market
trends information, competitive landscape scenario, forecasts and more.
Hydronic Underfloor Heating Market size will exceed USD 5 billion by 2024, as
reported in the latest study by Global Market Insights, Inc.
Stringent government regulations pertaining to decarbonization of building along with
upsurge in clean energy technology will stimulate the hydronic underfloor heating
market size. High end technology acceptance and decrease in capital cost will
further augment the business growth. In 2016, the European Commission introduced
the updated Energy Efficiency Directive with a target inclusion of 30% energy
efficiency by 2030.
Standards toward adoption of energy efficient products coupled with rising
awareness toward energy conservation will upsurge the hydronic underfloor heating
market. Increasing consumption of energy by commercial sector owing to increasing
spending on construction of commercial space including hotels, educational
institutes, office and healthcare building will further complement the business
outlook. In 2016, the U.S. commercial construction was valued at USD 74.2 billion
when compared with USD 67 billion in 2015.
Increasing demand for space heating along with growing consumer awareness
toward adoption of low emission heating systems will foster the U.S. hydronic
underfloor heating market. Extreme climatic conditions with escalating energy price
will further stimulate the product penetration. The Building Efficiency Standards
introduced by California regulates the energy consumption by 28% in new buildings,
enabling end consumers to save USD 31 monthly.
Commercial hydronic underfloor heating market is set to exceed USD 3 billion by
2024. Building codes and standards toward carbon footprint along with increasing
spending toward infrastructural development will stimulate the industry landscape.
Steady expansion of developed economies with growing demand for remodeling of
existing commercial properties will further complement the business outlook.
Paradigm shift in population demographics coupled with rise in the number of
households will drive the hydronic underfloor heating market size. According to
National Record for Scotland, there were 2.45 million households and 2.58 million
dwellings in the country in 2015. Rapid urbanization and industrialization in emerging
economies will further embellish the industry landscape.
Growing focus toward green building coupled with increasing deployment of concrete
floors will embellish the hydronic underfloor heating market growth. In 2016, the
United States Green Building Council certified projects were 33,269. Favorable
government policies to reduce carbon footprint along with improvement in living
standard will propel the business landscape.
UK hydronic underfloor heating market is set to witness growth over 9% owing to
ongoing government mandate toward zero emission buildings. Measures to reduce
emissions coupled with rising demand for efficient heating systems will further boost
the product demand. The EU introduced Energy Efficiency Directive 2012/27/EU with
an aim to incorporate the standardized framework for promoting energy efficiency.
U.S. Hydronic Underfloor Heating Market, By Facility, 2016 & 2024 (USD Million)
Browse key industry insights spread across 224 pages with 296 market data tables &
14 figures & charts from the report, “Hydronic Underfloor Heating Market Size By
Facility (Existing Buildings, New Buildings), By Application (Residential
(Single Family, Multi Family), Industrial, Commercial (Education, Healthcare,
Retail, Logistics & Transportation, Offices, Hospitality, Others)) Industry
Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China,
India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa),
Application Potential, Competitive Market Share & Forecast, 2017 – 2024” in
detail along with the table of contents:
Japan hydronic underfloor heating market is projected to exceed USD 200 million by
2024. Measures toward energy security along with high end technology acceptance
will propel the business outlook. Rapid increase in the urban population along with
introduction of building codes and standards will further fuel the industry growth.
Eminent players in the industry includes Hunt Heating, Siemens, Schneider Electric,
Pentair, Robert Bosch, Warmup, Uponor Corporation, Nexans, Amuheat, H2O
Heating, Honeywell International, Danfoss and Sensata Technologies.
Segmentation of Hydronic Underfloor Heating Market:
Global hydronic underfloor heating market research report includes in-depth
coverage of the industry with estimates & forecast in terms of USD from 2013 to
2024, for the following segments:
Global Hydronic Underfloor Heating Market, By Facility
Global Hydronic Underfloor Heating Market, By Application
o Single family
o Multi family
o Logistics & transportation
The above information is provided on a country basis for the following:
o South Korea
Middle East and Africa
o Saudi Arabia
o South Africa
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
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