Global Radiant Floor Heating Market Size By Manufacturers (Nuheat, SunTouch, Warmup, Watts Radiant), By Type (Electric and Hydronic), By Application (Commercial and Residential), By Geographic Scope And Forecast
Report ID: 93131|No. of Pages: 202
Global Radiant Floor Heating Market Size By Manufacturers (Nuheat, SunTouch, Warmup, Watts Radiant), By Type (Electric and Hydronic), By Application (Commercial and Residential), By Geographic Scope And Forecast
Radiant Floor Heating Market Size And Forecast
Radiant Floor Heating Market size was valued at USD 4.6 Billion in 2020 and is projected to reach USD 8.20 Billion by 2028, growing at a CAGR of 7.7% from 2021 to 2028.
Radiant floor heating has various types of floor types such as wood, laminate, concrete, stone tile, and carpet. A radiant heater is one way to say goodbye to the cold feet as it makes the floor warm by maintaining the temperature. Floor heating is mostly used in the cold region but now due to modernization and improving increasing technologies the market for Radiant Floor Heating Market as well as Radiant Floor cooling markets are taking rise. The Global Radiant Floor Heating Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Radiant Floor Heating Market Definition
Radiant Floor Heating helps to control the indoor room temperature for thermal comfort using convection radiation and conduction. Radiation is responsible for a raisable portion of the resulting thermal comfort but this usage is technically correct only when radiation formulates more than 50% of the heat exchange between the floor and the rest of the space and this radiant heating approach is used to relate this.
Major factors for the growth of Radiant Floor Heating Market include the high demand for cost-effective heating solutions, awareness regarding underfloor heating, sturdy government support and incentives for the adoption of underfloor heating solutions, and a high level for comfort and flexibility offered by underfloor heating systems.
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Global Radiant Floor Heating Market Overview
Radiant Floor Heating is the system where the heat is directly transferred to the floor or wall panels with the help of tubes or heating mats, etc. putting it underfloor and is transferred to the objects or people in the room via infrared radiations. In Radiant Floor Heating the modern market generally uses the fluid flowing in pipes or electrical resistance elements. Either of the types can be implemented as a primary, localize floor heating or whole-building heating system for thermal comfort.
There are various benefits of Radiant floor heating. Radiant Floor heating is energy-efficient and eliminates duct losses by consuming less energy. It also has quiet heating. You will not hear any clinging radiators or vents turning on and off. You will just get a quite warm home. Also, the air stays cleaner as there is no duct provider that is no dust is spread through the air by allowing to breathe clean and fresh air by not allowing any allergies to have or spread. Radiant Floor heating provides consistent temperature by making the room stay warm and good.
Radiant floor heating has various types of floor types such as wood, laminate, concrete, stone tile, and carpet. A radiant heater is one way to say goodbye to the cold feet as it makes the floor warm by maintaining the temperature. Floor heating is mostly used in the cold region but now due to modernization and improving increasing technologies the market for Radiant Floor Heating Market as well as Radiant Floor cooling markets are taking rise. And the Radiant Floor Heating Market will take a boom in coming years.
Global Radiant Floor Heating Market: Segmentation Analysis
The Global Radiant Floor Heating Market is Segmented on the basis of Manufacturers, Type, Application, And Geography.
Radiant Floor Heating Market, By Manufacturers
- Nuheat
- SunTouch
- Warmup
- Watts Radiant
- Warmboard
- Heavenly Heat
- Warmtech
Based on Manufacturers, The market is bifurcated into Nuheat, SunTouch, Warmup, Watts Radiant, Warmboard, Heavenly Heat, Warmtech.
Radiant Floor Heating Market, By Type
- Electric
- Hydronic
Based on Type, The market is segmented into Electric and Hydronic. Rising demand for electronics and hydronic will propel the business growth. Heating subsystems consist of pipes, cables, and distribution units
Radiant Floor Heating Market, By Application
- Commercial
- Residential
Based on Application, The market is bifurcated Commercial and Residential. The commercial industry is the largest consumer followed by residential of Radiant Floor Heating Market. This growth is mainly attributed to the boom in almost equal to 10 years.
Radiant Floor Heating Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on Regional Analysis, The Global Radiant Floor Heating Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America and Europe is the largest consumer of Radiant Floor Heating Market. This growth is mainly attributed to the increasing urbanization & modernization, availability of various technologies, increasing personal disposable income and growing demand from various end-use. Also, the easy availability of raw Manufacturers in the region is expected to drive the growth of the Radiant Floor Heating Market. The US to be the largest contributor to the Radiant Floor Heating Market in the region. The Radiant Floor Heating Market in Asia Pacific is estimated to expand at a rapid pace owing to the robust electronics and semiconductor manufacturing sector in the region. Latin America and Middle East & Africa are relatively smaller Radiant Floor Heating Markets and the Radiant Floor Heating Market in these regions is expected to expand at a moderate pace in the near future.
Key Players
The “Global Radiant Floor Heating Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Uponor, Honeywell, nVent Electric, Warmup, Rehau, Emerson, Robert Bosch, Danfoss, Pentair, Mitsubishi Electric, Siemens, Schneider Electric, Myson, Thermosoft International, Flexel International, Nexans, Amuheat ESI Heating and Cooling, Janes Radiant, and Incognito. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Partnerships, Collaborations, and Agreements
• In January 2020, nVent expanded its alliance with MAPEI, a global leader in the manufacturing of mortars, grouts, adhesives, and chemicals for the building industry.
• In September 2019, Warmup partnered with Material Bank to enhance its existing product portfolio.
• In March 2021, nVent announced its strategic agreement with CoolIT Systems to ramp up its revenue figures.
Mergers and Acquisitions
• In September 2019, nVent completed the acquisition of Eldon Enclosures Business to capture the majority market share.
• In July 2021, nVent completed the acquisition of CIS Global Business to enhance its product line.
Product Launches and Product Expansions
• In March 2019, Uponor launched Phyn Plus which encompasses a smart water assistant, and a smart shutoff.
• In October 2019, Rehau launched the RAUTITAN heating and plumbing system and RAUPIANO pipework system.
• In January 2020, Emerson introduced new Warm Tiles ColorTouch WiFi-enabled thermostats.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2028 |
| Base Year | 2020 |
| Forecast Period | 2021-2028 |
| Historical Period | 2017-2019 |
| UNIT | Value (USD Billion) |
| Key Companies Profiled | Uponor, Honeywell, nVent Electric, Warmup, Rehau, Emerson, Robert Bosch, Danfoss. |
| Segments Covered | By Manufacturers, By Type, By Application, And By Geography |
| Customization Scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
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Industry Analysis Matrix
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