img

Europe Underfloor Heating Actuator Market Size - By Product (Thermal, Motoric), By Application (Residential, Commercial, Industrial), Country Outlook & Forecast, 2024 – 2032


Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery

Publisher : MIR | Format : PDF&Excel

Europe Underfloor Heating Actuator Market Size - By Product (Thermal, Motoric), By Application (Residential, Commercial, Industrial), Country Outlook & Forecast, 2024 – 2032

Europe Underfloor Heating Actuator Market Size

Europe Underfloor Heating Actuator Market was valued at USD 197.5 million in 2023 and is anticipated to grow at a CAGR of 4.1% during 2024 to 2032.

To get key market trends

  Download Free Sample

Increasing adoption of energy-efficient heating solutions along with shifting customer focus on luxury fittings will complement the product demand. Technological advancements including maximum control accuracy, smart control options, sophisticated functionality, and long service life will further stimulate the market growth.
 

Europe Underfloor Heating Actuator Market Report Attributes
Report Attribute Details
Base Year 2023
Europe Underfloor Heating Actuator Market Size in 2023 USD 197.5 Million
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 4.1%
2032 Value Projection USD 283.4 Million
Historical Data for 2019 to 2023
No. of Pages 75
Tables, Charts & Figures 200
Segments covered Product, Application and Country
Growth Drivers
  • Introduction of energy efficient standards
  • Increasing demand for space heating
  • Growing urbanization & commercialization
Pitfalls & Challenges
  • Longer payback period

What are the growth opportunities in this market?

 Download Free Sample

Europe Underfloor Heating Actuator Market Trends

Underfloor heating provides a more even distribution of heat, eliminating cold spots and drafts commonly associated with traditional heating systems, thereby growing emphasis on indoor comfort and well-being will drive the business dynamics. Rising introduction of governments building energy codes and standards to limit the carbon emissions and reduce energy loss across the domestic and commercial establishments will enhance the business scenario. For instance, the Committee on Climate Change, across the UK has directed to reduce the average heating emissions from the residential and commercial establishments. To meet with the set carbon targets, the emissions should be lowered from 2015 levels of 220 gCO2eq/kWh to 180 gCO2eq/kWh by 2030.

Europe Underfloor Heating Actuator Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

Based on product, the thermal underfloor heating actuator market is projected to grow over USD 273 million by 2032. Actuators equipped with smart controls, wireless connectivity, and compatibility with home automation systems offer enhanced convenience, flexibility, and energy management capabilities for homeowners and building managers, thereby positively impacting the industry potential. Moreover, growing requirement of homeowners and building occupants seeking clean, minimalist design aesthetics and flexible interior layouts will boost the product penetration.

Learn more about the key segments shaping this market

 Download Free Sample

Based on application, the residential underfloor heating actuator market is set to grow at a rate of more than 4% through 2032 owing to key factors comprising even heat distribution and ability to operate at moderate temperatures, thereby enabling cost savings and low power consumption. Ongoing research & development activities in revolutionizing the component modular structure, thereby easing the product customization according to the customer preference will further foster the industry statistics

Looking for region specific data?

 Download Free Sample

Germany underfloor heating actuator market revenue to cross USD 99 million by 2032. Upsurge in construction of new buildings and renovation of existing structures in line with increasing preference for underfloor heating systems integrated with discreet and efficient actuators will enhance the business landscape. Tax incentives, rebates, and grants offered at the federal, state, and local levels encourage homeowners and businesses to invest in energy-efficient heating solutions, thereby augmenting the industry statistics.

Europe Underfloor Heating Actuator Market Share

Danfoss, Siemens Energy, Honeywell International Inc., Sauter AG, Uponor and Eberle Controls GmbH holds majority of the industry share. Strategic partnerships and collaborations between actuator manufacturers and technology firms enable the integration of advanced features and smart controls into heating systems. Leveraging the expertise of technology partners enhance the functionality of actuators, incorporating features including wireless connectivity, smart home integration, and energy management capabilities, thereby increasing the market penetration and sales opportunities

Europe Underfloor Heating Actuator Market Companies

Eminent players operating across the Europe underfloor heating actuator industry include

  • Ambiente 
  • Danfoss
  • Eberle Controls GmbH
  • Heatmiser
  • Honeywell International Inc.
  • Mohlenhoff GmbH
  • Oventrop GmbH & Co. KG
  • Polypipe
  • Sauter AG
  • Schluter-Systems Ltd.
  • Siemens Energy
  • Uponor
  • Warmup
  • wesmartify GmbH

Europe Underfloor Heating Actuator Industry News

  • In June 2023, Ambiente unveiled new offerings, including AmbiEgo, an innovative self-balancing actuator designed to facilitate both cooling and heating circuits. This product streamlines system design, eliminating the need for intricate knowledge of the original layout. Moreover, the inclusion of AI integration in the new product simplifies and expedites underfloor heating installations, thereby solidifying the company's product portfolio in the industry.
     
  • In November 2022, wesmartify GmbH, a smart home solutions provider, is expanding its product range with two wireless actuators pre-installed with the open-source Tasmota firmware. These TÜV certified actuators boast exceptional heat resistance, distinguishing them in the market. The company aims to cater to customers seeking to construct their independent smart home ecosystems using locally networked, manufacturer-independent devices, disconnected from the cloud.
    This Europe underfloor heating actuator market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in ‘‘000 Units & USD Million’ from 2019 to 2032, for the following segments

Click here to Buy Section of this Report

Market, By Product

  • Thermal
  • Motoric

Market, By Application

  • Residential
  • Commercial
  • Industrial

The above information has been provided for the following countries

  • Germany
  • France
  • Spain
  • Austria
  • Belgium
  • Denmark
  • Finland
  • Norway
  • Sweden
  • UK
  • Italy
  • Russia
  • Czech Republic
  • Switzerland
  • Netherlands

 

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )