Underfloor Heating Market - Global Forecast to 2020: Market is Expected to Reach USD 7.90 Billion by 2020 at a CAGR of 8.7%


Dublin, Sept. 01, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/6jwjcl/underfloor) has announced the addition of the "Underfloor Heating Market by Type, Facility, Application and Geography - Global Forecast to 2020" report to their offering.

The major players in this market include Danfoss A/S (Denmark), Uponor Corporation (Finland), Emerson Electric Co. (U.S.), Honeywell International Inc. (U.S), Robert Bosch (Germany), Pentair PLC (U.K.), Mitsubishi Electric (Tokyo), Schneider Electric SE (France), and Nexans S.A. (France).

This market was valued at USD 4.65 Billion in 2014 and is expected to grow at a CAGR of 8.7% from 2015 to 2020.

An underfloor heating system is a form of radiant heating in which the heat energy is passed from a moderately hot element, such as a floor, wall, or overhead panel, and warms individuals and other objects in rooms rather than directly heating the air. It thus controls the indoor climate for thermal comfort and avoids the need of radiators.Currently, the commercial and residential application holds a large share in the underfloor heating market. The growth of this market is fostered by the growth in regulatory requirements and initiatives with increasing concerns about energy efficiency and the global environment. This system provides an efficient heating solution with higher level of insulation and reduced heating load compared to other space heating solutions.

In this report, the global underfloor heating market is segmented with respect to different types such as hydronic and electric underfloor heating systems. This market is also segmented on the basis of facilities such as new buildings and existing buildings wherein these systems are installed. The market with respect to different applications, such as academia and institutional, healthcare, retail, transportation & logistics, hospitality, industrial, residential, and others, also has been analyzed and forecast in the report from 2014 to 2020.

The market penetration of renewables is witnessing the UFH market growth, supported by government grants and initiatives. Renewable solutions such as heat pumps are particularly compatible with hydronic underfloor heating systems and can achieve significant carbon savings. The rising awareness of its products and their benefits is also contributing to the increasing and stimulating growth of this market. Despite the numerous advantages offered by underfloor heating, the high cost of retrofitting underfloor heating systems in existing buildings and slow response time of these systems are a few of the important factors restraining the growth of the underfloor heating market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market, By Type

8 Market, By Facility

9 Market, By Application

10 Market, By Geography

11 Competitive Landscape

12 Company Profiles

- Danfoss A/S
- Emerson Electric Co.
- Honeywell International Inc.
- Mitsubishi Electric Corporation
- Nexans S.A.
- Pentair Plc
- Robert Bosch GmbH
- Schneider Electric SE
- Siemens AG
- Uponor Corporation

For more information visit http://www.researchandmarkets.com/research/6jwjcl/underfloor




            

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