Residential Underfloor Heating Market Size - By Technology (Hydronic, Electric), By Facility (New Buildings, Retrofit), By Application (Single Family, Multi Family), & Forecast, 2024 – 2032

Residential Underfloor Heating Market Size - By Technology (Hydronic, Electric), By Facility (New Buildings, Retrofit), By Application (Single Family, Multi Family), & Forecast, 2024 – 2032

Residential Underfloor Heating Market Size

Residential Underfloor Heating Market was estimated at over USD 4.3 billion in 2023 and is is likely to grow at over 5.5% CAGR during 2024 to 2032. The growing demand for energy-efficient heating solutions driven by stringent energy efficiency regulations & environmental concerns along with the growing requirement to reduce heating costs will favor the industry landscape.

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Growing inclination to integrate underfloor heating (UFH) with other renewable energy sources including heat pumps, solar thermal systems, and geothermal energy has significantly catered to the product adoption. In addition, the combination of these renewable energy sources can further enhance the energy efficiency & sustainability of the UFH systems, reducing carbon emissions and reliance on fossil fuels across the existing and new building infrastructures.
 

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Underfloor heating is a heating technique used to warm indoor spaces by dispersing heat through the floor. This method entails the installation of heating elements or pipes underneath the floor surface to emit heat upwards, thereby heating the room from the bottom. There underfloor heating systems are primary differentiated into two key technologies namely electric and hydronic utilizing electric heating cables or mats and pipes installed beneath the floor, respectively, to serve the space heating requirements across the households. The technology provides uniform heat distribution across the floor limiting cold spot areas along with quiet operation to deliver comfortable heating.

COVID- 19 Impact

The residential underfloor heating market has observed a considerable inhibition in the wake of the COVID-19 pandemic on account of the supply chain disruptions, delays in manufacturing & distribution, and interruptions in the construction industry. In addition, pandemic induced financial constraints across customers coupled with unavailability of the skilled contractors for UFH installations has also impacted the industry growth. However, the increased focus on home comfort, growing awareness of indoor air quality & hygiene, increase in home improvement projects, increasing demand for efficient heating & cooling technologies, and introduction of new alternatives to reduce energy consumption & utility bills will counterbalance the industry growth over the coming years.

Residential Underfloor Heating Market Trends

The residential underfloor heating systems market is projected to observe a significant upsurge on account of various parameters including new technological advancements along with the changing consumer preferences. Moreover, the introduction of different sustainability initiatives the respective governing authorities will further propel the industry outlook. For instance, in October 2023, the New York State Energy Research and Development Authority (NYSERDA) confirmed a new initiative announced by the New York Governor including the Empire Technology Prize worth USD 10 million. The new reward program is projected to boost the innovations for low carbon heating system retrofitting across the multifamily buildings and tall commercial infrastructure within the state.

Residential Underfloor Heating Market Analysis

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Based on the technology, the industry can be bifurcated into electric and hydronic. The residential hydronic underfloor heating market was valued at over USD 2.7 billion in 2023 and is set to observe a significant expansion owing to the increasing demand for affordable space heating solutions coupled with encouraging government incentives & support for the integration of underfloor heating systems in residential areas.

The residential electric underfloor heating industry is projected to observe a growth rate of over 4.5% by 2032 on account of the escalating efforts to reduce harmful greenhouse gas emissions from household operations along with the rising demand for energy-efficient heating systems. Furthermore, the transition of consumer preferences towards incorporating smart home technology with remote operational capabilities coupled with the increased emphasis on health benefits and elevated comfort levels will further add to the residential underfloor heating market growth.

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Based on the facility, the market can be broadly categorized into new buildings and retrofit. New construction projects incorporating sustainable heating building practices to align with green building standards by offering energy-efficient heating solutions positively stimulating the industry landscape across new buildings. The versatility and design flexibility of the systems with easy installation across various building types, layouts, and floor coverings will further add to the product adoption rate.

Persistent efforts to enhance existing building infrastructure through the adoption of advanced systems aimed at boosting energy efficiency, minimizing environmental footprint, and enhancing occupant comfort are poised to augment the deployment across retrofit facilities. Retrofitting buildings with cleaner space heating alternatives including electric & hydronic underfloor heating systems, holds a significant potential to substantially decrease energy consumption and environmental harm.

Based on the application, the industry can be primarily divided into single family and multi family. The increasing construction of detached homes, driven by the rising demand for larger living spaces along with the shifting consumer preference towards individual housing units, is expected to fuel the growth of the single-family application. Moreover, the expanding suburban areas characterized by larger homes and growing disposable incomes across consumers in developed as well as emerging economies will further cater to the industry expansion.

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• Europe residential underfloor heating market was estimated at over USD 2 billion in 2023 and is projected to observe substantial expansion between 2024 to 2032. The notable shift towards low-carbon heating solutions attributed to the stern environmental regulations & sustainability goals and reduce the dependency on traditional heating methods has positively catered to the industry landscape. For instance, in September 2023, the government of Jersey, a part of the UK, has confirmed to support the first 100 households under its low-carbon heating scheme with a total funding of over USD 525 thousand.
• Government incentives and regulations play a significant role in driving the adoption of underfloor heating systems across the region. Incentive programs, subsidies, and tax credits encourage the installation of energy-efficient heating solutions, while building codes and regulations set standards for energy performance and indoor comfort in new and existing buildings propelling the industry outlook.

Residential Underfloor Heating Market Share

The residential underfloor heating industry consists of numerous manufacturers, suppliers, and installers, leading to a fragmented competitive landscape. The industry players are continuously focusing on introducing new technologies, energy-efficient solutions, smart home integration, and customization options as the leading strategies to gain a competitive edge & gain a new customer base. Rapid technological advancements in domestic UFH systems offering better performance, energy efficiency, and user experience is among the key parameter adopted by the market participants to maintain a competitive position in the industry.

Residential Underfloor Heating Market Companies

Major players operating in the residential underfloor heating industry include

• Amuheat
• ASIASTAR co., Ltd.
• Danfoss
• DEVEX SYSTEMS AUSTRALIA
• Elektra UK
• Heat Mat Ltd
• Hemstedt GmbH
• Hurlcon Hydronic Heating
• MAGNUM Heating B.V.
• Mysa Smart Thermostats
• OJ Electronics A/S
• REHAU
• Schluter-Systems KG
• ThermoSoft
• Uponor Corporation
• Warmboard, Inc.
• Warmup
• Watts

Residential Underfloor Heating Industry News

• In May 2023, Mysa Smart Thermostats declared to acquire Zen Ecosystems, a smart thermostat manufacturing company located in the U.S. The company has obtained the intellectual property of Zen’s smart & energy-efficient thermostats along with its energy management solutions enabling Mysa to gain a competitive advantage across the underfloor heating industry.
• In February 2023, Danfoss showcased its energy-efficient solutions for residential, commercial, and district energy sectors at ISH 2023 event in Frankfurt. The company also showcased its Danfoss Icon2 system designed to deliver precise control of hydronic underfloor heating with automatic balancing for optimal energy use. Moreover, the new offering also features seamless integration with the company’s Danfoss Ally solutions to allow household users to manage heating solutions remotely through the smartphones.

This residential underfloor heating market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘USD Million’ from 2019 to 2032 for the following segments

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Market, By Technology

• Hydronic
• Electric

Market, By Facility

• New Buildings
• Retrofit

Market, By Application

• Single family
• Multi family

The above information has been provided for the following regions and countries

• North America
  • U.S.
  • Canada 
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Austria
  • Belgium
  • Denmark
  • Finland
  • Norway
  • Sweden
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
• Latin America
  • Brazil
  • Mexico