The hydronic underfloor heating market is expected to grow at a 6% CAGR from USD 4.24 billion in 2022 to USD 7.59 billion in 2032. The increasing demand for low-cost heating solutions, combined with government incentives and support for hydronic underfloor heating adoption, will shape the hydronic underfloor heating market opportunities landscape.
COVID-19 pandemic has hurt the hydronic underfloor heating market. Hydronic underfloor heating systems, which could be a source of microbial contamination in enclosed spaces, have hampered the growth of the hydronic underfloor heating market.
Heating systems will become more popular as a result of their adherence to strict building codes, flexibility, and high level of comfort. Furthermore, the increasing number of energy efficiency standards, combined with rising environmental concerns, will drive hydronic underfloor heating market growth and adoption trends.
The hydronic underfloor heating market outlook will be driven by factors such as low maintenance of electrically heated systems, adaptability of floor heaters, system design freedom, and ease of installation.
Technological advancements and digitalization are expected to create new opportunities in the hydronic underfloor heating market for providers of hydronic underfloor heating solutions. The rapid adoption of hydronic underfloor heating and advanced technology-based products and solutions, such as smart meters, demand-based heating solutions, home automation, smart buildings, smart infrastructure, and so on.
Hydronic underfloor heating systems are complicated because the hot water is transported through multiple pipes. Despite the hydronic system’s numerous advantages over other hydronic underfloor heating systems, installation is a significant hydronic underfloor heating market barrier.
They operate at a lower temperature than radiators, which heat the environment. It takes them longer to heat the space. This problem, however, can be avoided by allocating time to begin the healing process affecting key trends and opportunities in the hydronic underfloor heating market.
Key Players
- Uponor Corporation
- Honeywell International, Inc.
- Amuheat, REHAU AG
- Eberle by Schneider Electric
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
- Danfoss
- Warmup
- H2O Heating Pty Ltd.
- Hunt Heating
- Hurlcon Hydronic Heating
- Polypipe
- Schluter Systems
- Warmboard, Inc.
- Daikin
