Acknowledging the kind of traction gained by this market, recently published a study report asserts the Lab Furniture market is expected to reach USD 2247.5 million by 2027, registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027).
The global underfloor heating market. Hydronic underfloor heating system contains of a network of pipes running under the floor. Hot water heated by a boiler flows through the network of pipes to heat the substrate ad so heat the room. It uses water or mix of water and anti-freeze material such as propene glycol. It can use a single source or combination of energy sources to help attain energy costs such as mutual heat and power plants heated by the natural gas, fossil fuels, electricity, solar thermal and bio fuels. It is much more efficient and with much lower running costs than electric underfloor boiler systems, while early ahead cost of the system will be significantly higher than an electric system and also require regular maintenance. The shifting trends towards the demand for better living values and rising awareness among people to reduce bill. Efforts of management and corporate industries near refining air quality along with increasing demand for high level of comfort will further augment the growth of the market.Underfloor heating is a cleaner, smarter way to heat the individual residence place. Using radiant heat technology, UFH gently warms the people and objects in the room directly, from the ground up while facilitating a much more energy-efficient method. The presence of advantages such as increased energy-efficiency of UFH, low maintenance of electric heating systems, freedom of design, and adaptability of floor heaters, and safety & ease of installation are the major factors driving the growth of the market during the forecast years.
The Global Underfloor Heating Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Raychem, Myson, Emerson, nVent, Warmup, ThermoSoft International, Flexel, Weixing, Calorique, Daikin, Danfoss A/S, STEP Warmfloor, Arkon Heating Systems, GH, Nexans, Rifeng, Korea Heating, daeho, LESSO, EXA E&C, SunTouch, SXshuangyin, Rexva, GF Piping, VASCO, Ondolia, Halmburger, Avis Technique, HONGYUE, Akan, Seggi Century, Junxing, Nu-Heat, Fanski, Ginde, zhonghui, Kingbull, Nusun.
MAY 12, 2022: nVent Adds Remote Alarm Capabilities to Its Family of nVent RAYCHEM Thermostats
nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, announced the launch of the nVent RAYCHEM ETS-05 heat tracing thermostat with alarm relay connectivity. This latest addition to the successful nVent RAYCHEM ETS-05 controller family offers a cost-effective local heat tracing control solution with enhanced central monitoring that addresses the growing demand for equipment connectivity in industrial facilities.
May 2, 2022: Nexans greenhouse gas reduction targets receive validation from the SBTi
Nexans, a key player in electrification and energy transition, announces that its greenhouse gas (GHG) emissions targets have been validated by the Science Based Targets initiative (SBTi).
Underfloor Heating Market is segmented based on the type, applications, companies and regions.
By Types, it is segmented into
By Application, it is segmented into
Europe supports the maximum share of the Underfloor Heating market Moreover, Europe has been observing an increasing number of players entering the market, owing to the rising proclivity for energy-efficient buildings that are enabling companies the potential to gain profit by expanding their sales. Further, the region's weather conditions also play a remarkable role in the growth of the market. The U.K. government has also been actively participating in reducing the effects of climate change. This is expected to impact the adoption of underfloor heating systems, thereby affecting the market's growth. Furthermore, the European Commission adopted the Energy Efficiency Directive to establish measures and policies to support the European Union to reach a 20.2% energy efficiency target by 2021.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 7.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Raychem, Myson, Emerson, nVent, Warmup, ThermoSoft International, Flexel, Weixing, Calorique, Daikin, Danfoss A/S, STEP Warmfloor, Arkon Heating Systems |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages |
133
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Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Underfloor Heating Market is studied from 2022-2027.
Who are the prime players in the Underfloor Heating Market?
Raychem, Myson, Emerson, nVent, Warmup, ThermoSoft International, Flexel, Weixing, Calorique, Daikin, Danfoss A/S, STEP Warmfloor, Arkon Heating Systems
Which region held the largest share in the Underfloor Heating Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant types of Underfloor Heating Market?
Hydronic, Electric
What are the major end-use applications of Underfloor Heating Market?
Residential, Commercial, Industrial, Healthcare, Sports & Entertainment, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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