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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Hydronic Underfloor Heating Market to hit $5bn by 2024: Global Market Insights.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Hydronic Underfloor Heating Market to hit $5bn by 2024: Global Market Insights."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Hydronic Underfloor Heating Market to hit $5bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Hydronic Underfloor Heating industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more. Hydronic Underfloor Heating Market size will exceed USD 5 billion by 2024. Hydronic Underfloor Heating industry  Stringent government regulations pertaining to decarbonization of building along with upsurge in clean energy technology will stimulate the hydronic underfloor heating market size. High end technology acceptance and decrease in capital cost will further augment the business growth. In 2016, the European Commission introduced the updated Energy Efficiency Directive with a target inclusion of 30% energy efficiency by 2030.  Standards toward adoption of energy efficient products coupled with rising awareness toward energy conservation will upsurge the hydronic underfloor heating market. Increasing consumption of energy by commercial sector owing to increasing spending on construction of commercial space including hotels, educational institutes, office and healthcare building will further complement the business outlook. Key Insights from Hydronic Underfloor Heating Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Increasing demand for space heating along with growing consumer awareness toward adoption of low emission heating systems will foster the U.S. hydronic underfloor heating market. Extreme climatic conditions with escalating energy price will further stimulate the product penetration. The Building Efficiency Standards introduced by California regulates the energy consumption by 28% in new buildings, enabling end consumers to save USD 31 monthly.  Commercial hydronic underfloor heating market is set to exceed USD 3 billion by 2024. Building codes and standards toward carbon footprint along with increasing spending toward infrastructural development will stimulate the industry landscape. Steady expansion of developed economies with growing demand for remodeling of existing commercial properties will further complement the business outlook.  Paradigm shift in population demographics coupled with rise in the number of households will drive the hydronic underfloor heating market size. According to National Record for Scotland, there were 2.45 million households and 2.58 million dwellings in the country in 2015. Rapid urbanization and industrialization in emerging economies will further embellish the industry landscape. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  UK hydronic underfloor heating market is set to witness growth over 9% owing to ongoing government mandate toward zero emission buildings. Measures to reduce emissions coupled with rising demand for efficient heating systems will further boost the product demand. The EU introduced Energy Efficiency Directive 2012/27/EU with an aim to incorporate the standardized framework for promoting energy efficiency.  Japan hydronic underfloor heating market is projected to exceed USD 200 million by 2024. Measures toward energy security along with high end technology acceptance will propel the business outlook. Rapid increase in the urban population along with introduction of building codes and standards will further fuel the industry growth.  Eminent players in the industry includes Hunt Heating, Siemens, Schneider Electric, Pentair, Robert Bosch, Warmup, Uponor Corporation, Nexans, Amuheat, H2O Heating, Honeywell International, Danfoss and Sensata Technologies. Continued...

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Hydronic Underfloor Heating Market, By Facility, 2016 & 2024 (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Hydronic Underfloor Heating Market @ http://bit.ly/2vdrTJbhttp://bit.ly/2vdrTJb Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/268

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  By Application Residential hydronic underfloor heating market is set to witness gain over 9% owing to shifting trends towards improved living standards and rising awareness to reduce energy bills. Commercial sector will witness strong growth subject to rising investments toward the construction of hotels, offices and educational institutes. Low flow temperatures of warm water make its adoption preferable over available counterparts.  By Region Trends Germany hydronic underfloor heating market is set to witness growth over 8% by 2024. Increasing demand for energy efficient space heating along with government initiatives to limit emissions will stimulate the product penetration. U.S. hydronic underfloor heating market is predicted to exceed USD 1 Billion in 2024. Efforts toward improving air quality, reducing greenhouse gas emissions, low energy bills and increasing energy security will positively influence the business growth.  Competitive Market Share Notable players in hydronic underfloor heating market include Warmup, Uponor Corporation, Honeywell International, Emerson Electric, Danfoss, Robert Bosch, Sensata Technologies, Siemens, Schneider Electric, Pentair, Nexans, Mitsubishi, REHAU, Amuheat, H2O Heating and Hunt Heating. 360° Analysis

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