Residential Hydronic Underfloor Heating Market Size - By Facility (New Buildings, Retrofit), By Application (Single Family, Multi Family), & Forecast, 2023 - 2032

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Industrial-Machinery | Format: Report available in PDF / Excel Format

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Residential Hydronic Underfloor Heating Market Size - By Facility (New Buildings, Retrofit), By Application (Single Family, Multi Family), & Forecast, 2023 - 2032

Residential Hydronic Underfloor Heating Market Size

Residential Hydronic Underfloor Heating Market was valued at USD 2.5 billion in 2022 and is estimated to attain over 6.1% CAGR between 2023 and 2032. The growing need for cost-effective space heating solutions along with introduction of government incentives and support for the integration of underfloor heating systems across residential spaces, is set to positively influence the industry dynamics. Moreover, the adoption of heating solutions will be driven by stringent building codes, the flexibility, and the elevated level of comfort creating a positive outlook for industry expansion.

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The increasing efforts by the policymakers for increasing focus on renovating residential sig le and multi family structures with sustainable technologies to address carbon emissions from traditional heating systems will augment the business landscape. In contrast to radiators and other heating systems, these units distribute heat uniformly throughout the room, ensuring ambient temperatures in every corner and increasing their preference over alternative options.

Residential Hydronic Underfloor Heating Market Report Attributes
Report Attribute Details
Base Year 2022
Residential Hydronic Underfloor Heating Market Size in 2022 USD 2.5 Billion
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 6.1%
2032 Value Projection USD 4.5 Billion
Historical Data for 2019 to 2022
No. of Pages 255
Tables, Charts & Figures 316
Segments covered Facility, Application, and Region
Growth Drivers
  • Rising demand for energy efficient space heating systems
  • Extreme climatic conditions
  • Stringent regulatory framework to curb carbon emissions
  • Accelerated investment and expenditure for advanced residential infrastructure development
Pitfalls & Challenges
  • High cost of retrofitting across prevailing building structures

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A residential hydronic underfloor heating system is a heating solution that utilizes water to efficiently warm the floors of a home. A control system manages the water temperature, ensuring consistent warmth throughout the living space, and some systems offer individual room controls for precise temperature adjustments. It is commonly chosen for new construction and renovation projects over the electric underfloor heating alternatives to deliver a modern and effective substitute to traditional heating methods.

COVID- 19 Impact

The COVID-19 pandemic had a significant impact on the market size owing to disruptions in manufacturing processes, facility shutdowns, labor shortages, limited product deployments, and disturbance in the supply chain network. However, both government authorities and companies responded by implementing new measures to ease restrictions and ensure continuous manufacturing output that further have led to a more positive outlook for industry growth.

Residential Hydronic Underfloor Heating Market Analysis

The residential hydronic underfloor heating industry is anticipated to grow owing to continuous technological advancements in space heating systems, coupled with a preference for clean energy technologies. The increasing need for more effective and efficient space heating solutions in urban areas, combined with the rise of green building projects, is set to propel the demand for this technology. Moreover, the expanding residential and commercial sectors, coupled with ongoing industrialization in developing nations, will significantly influence market dynamics. Collaborative efforts between governments and private entities to provide efficient heating in cold climatic regions are expected to further enhance product penetration.

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The market for new buildings is set to dominate the industry dynamics and will observe significant growth owing to ongoing urbanization and development, particularly in emerging economies. This surge in construction industry expansion has resulted in increased acceptance of hydronic underfloor heating products. The prevalence of desert and semi-desert climatic conditions in numerous countries is poised to positively influence the business landscape, given that the technology demonstrates versatile applications, especially during nighttime.

Ongoing efforts to enhance existing buildings by incorporating advanced systems for improved energy efficiency, reduced environmental impact, and enhanced occupant comfort will positively contribute to the growth of the residential hydronic underfloor heating market in retrofitting facilities. The adoption of cleaner space heating alternatives, including hydronic underfloor heating systems, in retrofitting projects can lead to substantial reductions in energy consumption and environmental impact.

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The multi family residential application is anticipated to witness more than 6% growth rate through 2032, owing to the widespread adoption of these units across residential establishments along with growing emphasis on demand-oriented heating solutions along with the rapidly increasing urbanization. The product's longevity, surpassing that of combustion-based systems, coupled with its cost-effective provision of efficient heating to buildings, is set to enhance its prevalence in residential applications. Major industry players are concentrating on innovating products and enhancing production capabilities, thereby fostering the expansion of the hydronic underfloor heating market.

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  • The Europe residential hydronic underfloor heating market was worth USD 1.2 billion in 2022. The region has experienced robust expansion of residential establishments, and the increasing demand for space heating in countries like the UK, Germany, and Italy, are influencing the industry dynamics. The escalating frequency of extreme climatic conditions, rising demand for efficient and reliable space heating solutions and increasing income standards of people are some of the vital factors augmenting the product demand.
  • In Europe, a significant number of heated buildings rely on water for the distribution of heat in various rooms. For instance, in June 2023, Pipelife's prefabricated hydronic underfloor heating system has been successfully implemented in an apartment building in Varna, Bulgaria. This advanced solution ensures energy-efficient heating for residents while delivering notable advantages in terms of installation speed, quality, safety, and cost savings for the project investor. This widespread adoption is expected to result in reduced energy costs, contributing to the overall reduction of carbon emissions.
  • Several nations have implemented stringent energy efficiency regulations and norms to reduce energy consumption and greenhouse gas emissions which further propelled the adoption of these units across residential establishments to achieve energy savings.

Residential Hydronic Underfloor Heating Market Share

Eminent manufacturers operating across the global market are actively embracing their presence by aiming for strategic partnerships, alliances, and mergers and acquisitions. These initiatives are focused towards introducing innovative technologies and driving the industry growth. Key players in the industry include

  • Warmup
  • Danfoss
  • Uponor Corporation
  • Watts
  • MAGNUM Heating B.V.
  • Schlüter-Systems KG
  • REHAU
  • Warmboard, Inc.
  • Roth
  • HeatLink Group Inc.
  • Eckermann Heating And Cooling
  • Amuheat
  • Hurlcon Hydronic Heating
  • OMNIE
  • Ambiente
  • Therma-HEXX Corporation
  • PIPELIFE INTERNATIONAL GmbH

Residential Hydronic Underfloor Heating Market News

  • In February 2023, Danfoss has participated in ISH 2023 in Frankfurt, showcasing energy-efficient solutions for residential, commercial, and district energy sectors. Highlights include discussions on hydronic balancing, heat pump technology, and sector integration. The spotlight is on empowering homeowners through the Danfoss Icon2 system, providing precise control of hydronic underfloor heating with automatic balancing for optimal energy use. This reflects the company’s commitment to exceeding market needs for a sustainable, energy-efficient future, as demonstrated at ISH 2023.
     
  • In October 2022, Warmup introduced the VLo line, catering to low-floor build-up needs in renovation projects. The VLo series comprises three distinct solutionsVLo Ultra-12 Low Build for uninsulated floors, VLo Nexxa-12 Castellated for insulated floors, and VLo Econna-12 Joisted Floor for joisted floors. Designed for ease of installation, these lightweight systems are ideal for ongoing projects, providing efficient underfloor heating with low water temperatures. The VLo line ensures excellent heat output, and each system is uniquely constructed for optimal performance. This launch enhanced the company’s market presence.

This residential hydronic underfloor heating market research report includes in-depth coverage of the industry with estimates & forecast in terms of ‘USD Million’ from 2022 to 2032 for the following segments

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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
    • Mexico
    • Brazil

 

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