Emergen Research’s latest document, titled ‘Global Underfloor Heating Market’ is one of the most sought-after market reports involving an in-depth analysis of the global Underfloor Heating market. The report’s authors have offered necessary details on the latest Underfloor Heating market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Underfloor Heating industry entails useful insights into the estimated Underfloor Heating market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’ key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans.

The Underfloor Heating (UFH) market size reached USD 4.50 Billion in 2021 and is expected to register a revenue CAGR of 7.2% during the forecast period to the latest analysis by Emergen Research. Increasing demand for cost-effective heating solutions and the growing adoption of energy efficiency standards are prime factors driving the revenue growth of the global market over the forecast period. Increasing government incentives and support are expected to create major opportunities for the global market in the upcoming years. Many state, municipal, and national governments have established financial incentives in the form of tax credits and rebates to encourage the development of energy-efficient underfloor heating systems. For example, in 2021, the U.S. geothermal tax credit allowed homeowners to deduct 30% of the cost of purchasing and installing a geothermal heat pump system from their federal income taxes. When it was reinstated in 2018, the tax credit allowed homeowners to deduct 30% of the cost of the system's installation from their federal income taxes. The credit, on the other hand, shrank over time.

The global Underfloor Heating market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position.

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Market Scope:

The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Underfloor Heating market players. One of the report’s central components is the broad Underfloor Heating market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders.

Leading Players Profiled in the Report:

Warmup Inc., Danfoss, Robert Bosch GmbH, Mitsubishi  Electric Corporation, Eberle by Schneider Electric, Siemens AG, Flexel International Limited, Amuheat, Nexans S.A, and Emersion Electric Co

Based on the product type, the Underfloor Heating market is segmented into:

  • Product Outlook (Revenue, USD Billion; 2019–2030)

    • Hydronic
    • Electric

  • Installation Outlook (Revenue, USD Billion; 2019–2030)

    • New Installation
    • Retrofit Installation

  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Residential
    • Commercial
    • Industrials

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Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key questions addressed in the report:

  • What are the key factors driving the global Underfloor Heating market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Underfloor Heating market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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