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Home » Semiconductor and Electronics » Underfloor Heating Market Size, Growth Drivers | Report 2030

Underfloor Heating Market Size and Forecast By Offering (Service, Hardware), By Installation Type (Retrofit Installation, New Installation), By Applications (Residential, Industrial, Healthcare, Commercial, Sports & Entertainment, Others), By Geography, Size, Global Forecast, Report, 2021-2030

Published On: Mar-2022   |   Base Year: 2021   |   No Of Pages: 135   |   Historical Data: 2017 - 2020   |   Formats: PDF   |   Report ID: 82755543

Industry Report and Statistics (Facts & Figures) - Number of Installations & Cost by Type & Application

The global underfloor heating market will witness a robust CAGR of 7.44%, valued at $4.70 billion in 2021, expected to appreciate and reach $8.97 billion by 2030, confirms Strategic Market Research. 

underfloor heating market by share 2020 2030

Key Industry Drivers - A Continuous Rise in Demand for Cost-Effective Heating Solutions, As Well As the Increase in The Need for A Higher Level of Thermal Comfort

  • The overall growth of the global underfloor heating market is augmented by the various government support & incentives for the adoption of various solutions, the continuous rise in demand for cost-effective heating solutions, and the increasing need for a higher level of thermal comfort. According to homebuilding.co.uk, UFH (Underfloor Heating) heats the mass of the floor, and that heat radiates into the room by convection process, but more than 80% of the heat transfer occurs due to radiation.

 

  • Apart from this, the usage of various underfloor heating techniques and systems like electric radiant heating, in-floor heating systems, water underfloor, heated concrete floor, sun touch heated floor, bathroom underfloor, electric floor heating systems, infrared underfloor, gas underfloor, heat pump underfloor heating, heated laminate flooring, polypipe heating, usage of warmup 6ie system, underfloor heating timber floor, 12v heating, and solar underfloor are augmenting the overall market growth to a great extent.

 

  • Moreover, the continuously growing environmental concerns, as well as the increasing number of efficiency standards regarding the residential comfort levels of people worldwide, are likely to propel the growth of the market extensively.

 

Restraints - Longer Duration of Time to Heat and Expensiveness

  • Higher costs and taking a longer duration of time to heat are the two most notable factors that are obstructing the overall growth of this market. According to Forbes, the average cost of UFH is nearly USD 28,000, the highest price is approximately around USD 35,000, and the lowest price is up to USD 20,000.

 

Opportunities - Growth in Demand for Digitization Because of Immense Technological Advancements Worldwide

  • The rising demand for digitalization due to rapid technological advancements, such as the manufacturing of smart meters, home automation systems, demand-based heating solutions, smart infrastructure, smart buildings, etc., is expected to cater to ample opportunities for the market for its prosperity in the future.

underfloor heating market by type 2020 2030

 

Market Analysis of Different Segments Covered in the Report

Based on Offering:

  • Service

  • Hardware

 

Based on Product Type

  • Hydronic Underfloor Heating

    • Heating Pipes

    • Thermal Actuators

    • Thermostats and Sensors

    • Wiring Centers

    • Zone Valves

    • Manifolds and Valves

  • Electric Underfloor Heating

    • Heating Mats

    • Heating Cables

    • Thermostats and Sensors

 

Based on Installation Type:

  • Retrofit Installation

  • New Installation

 

Based on Applications:

  • Residential

  • Industrial

  • Healthcare

  • Commercial

  • Sports & Entertainment

  • Others

 

Based on Region

North America

  • US

  • Canada

  • Mexico

  • Rest of North America

 

Europe

  • France

  • U.K

  • Netherlands

  • Switzerland

  • Germany

  • Finland

  • Belgium

  • Russia

  • Italy

  • Spain

  • Turkey

  • Rest of Europe

 

Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Malaysia

  • Australia

  • Singapore

  • Thailand

  • Indonesia

  • Philippines

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

underfloor heating market by offering 2020 2030

Segments Analysis & Insights

Based on Offering, the “Hardware” segment dominated the market with the highest share in 2020. This is owing to the rising adoption of hardware usage in the underfloor heating systems for new building projects. The hardware component includes heating cables, heating pipes, sensors, distribution units, and controlled interfaces.

 

Based on Product Type, the “Hydronic Underfloor Heating” segment held the largest share of around 70.23% of the entire market in 2020. Hydronic underfloor heating systems are regarded as an energy-efficient and sustainable solution for heating a large area. They are suitable for applications in several floor surfaces such as stone, slate, marble, timber, carpet, and all varieties of tiles which in turn is augmenting the overall growth of this segment.

 

Based on Installation Type, the “New Installation” segment dominated the market in terms of revenue in 2020. Several government initiatives for investing in the development of smart cities with green buildings over a huge number of developed countries have highly increased the demand for new installations of underfloor heating across the globe which in turn is driving the growth of this segment extensively.

 

Based on Application, the “Residential” segment held the largest share of the market of approximately 60.21% in 2020 and will continue to dominate throughout the forecasted period of 2020-2030. The rise of awareness regarding the benefits of underfloor heating systems that are used in residential properties, the higher growth rate of the underfloor heating market for various residential applications due to the continuously growing home renovation activities by the residents in many developed nations across the world are augmenting the overall growth of this segment.

 

Based on Region, “Europe” comprehensively dominated the market in 2020 in terms of market share along with the fastest CAGR of 7.62%.  The rising prevalence of people’s awareness regarding the prospects of the various underfloor heating systems in the construction sector, especially in the cold Europeancountriesis fuelling the overall growth of the market in this region.

 

underfloor heating market by region 2020 2030

 

Global Underfloor Heating Market Competitive Landscape Analysis

A 360-degree competitive landscape analysis is essential to identify the major competitors that are existing in the global market environment. The comparison is performed based on market potential, company overview, the total revenue generated, market initiatives, global presence, production capacities, investments in the field of Research &Development, company financials, production sites and facilities, company strengths and flaws, etc.

  • Resideo Technologies Inc.

  • Uponor

  • Danfoss

  • Daikin

  • nVent Electric

  • Rehau

  • Emerson

  • WARMUP INC

  • Robert Bosch

  • Mitsubishi Electric

  • Siemens

  • Thermosoft International

  • Honeywell

Underfloor Heating Market Report Coverage

Report Attribute

Details

Forecast Period

2021 - 2030

Market size value in 2021

USD 4.70 Billion

Revenue forecast in 2030

USD 8.97 Billion

Growth rate

CAGR of approximately 7.44%

Base year for estimation

2021

Historical data

2017 – 2020

Unit

USD Billion, CAGR (2021 - 2030)

Segmentation

By Offering, By Product Type, By Installation Type, By Applications, By Region.

By Offering

Service, Hardware

By Product Type

Hydronic Underfloor Heating(Heating Pipes, Thermal Actuators, Thermostats and Sensors, Wiring Centers, Zone Valves, Manifolds and Valves) Electric Underfloor Heating (Heating Mats, Heating Cables, Thermostats and Sensors)

By Installation Type

Retrofit Installation, New Installation.

By Applications

Residential, Industrial, Healthcare, Commercial, Sports & Entertainment, Others

By Region

North America, Europe, Asia Pacific, LAMEA.

Country Scope

United States of America, United Kingdom, Italy, Germany, France, Spain, Canada, China, India, Japan, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, etc.

Company Usability Profiles

Resideo Technologies Inc. , Uponor, Danfoss, Daikin, nVent Electric, Rehau, Emerson, WARMUP INC, Robert Bosch, Mitsubishi Electric, Siemens, Thermosoft International, Honeywell.

 

Recent Developments

  • On Mar 2021, WARMUP INC’s newly launched Ultralight Insulation Boards offered a 3-in-1 facility, i.e. (Insulating, Heat Spreading, and Decoupling). Ultralight insulation boards were the first insulation boards specially designed for usage in electric underfloor heating. The (2’x4’) boards paired up with the WARMUPDCM-PRO Membrane floor heating system resulted in a savings rate of about USD 1, per square foot, per year.

 

  • On Mar 2021, nVent introduced Smart Device Connectivity to Underfloor Heating via a Voice Control Update for facilitating the efficiency of nVent RAYCHEM SENZ WIFI Thermostat.It would enable the homeowners to control their floor heating adequately using voice commands via a home hub device or a smartphone app.

 

  • On Nov 2021,Daikin launched the Daikin Altherma 3 H MT, a mid-temperature hydrosplit heat pump providing a brand-new solution for the replacement of polluting boilers in recently built houses. It could be a perfect fit for the underfloor heating process required at lower temperatures if the plan is to install it during the renovation process itself.

Frequently Asked Question About This Report

The global underfloor heating market size was $4.70 Bn in 2021 and is predicted to reach $8.97 Bn by 2030, representing a CAGR of 7.44%.

The global underfloor heating market is expected to grow at a compound annual growth rate (CAGR) of 7.44% from 2021 to 2030 to reach USD 8.97 Billion by 2030.

Some of the pivotal drivers of the market are the various government support and incentives for the adoption of underfloor heating solutions, the continuous rise in demand for cost-effective heating solutions, the increasing need for a higher level of thermal comfort, the continuously growing environmental concerns and the increasing number of efficiency standards regarding the residential comfort levels of people worldwide.

The leading industry players of the market are Resideo Technologies Inc, Uponor, Danfoss, Daikin, nVent Electric, Rehau, Emerson, WARMUP INC, Robert Bosch, Mitsubishi Electric, Siemens, Thermosoft International, and Honeywell.

Based on Product Type, the Hydronic segment held the largest share of around 70.23% of the entire market in 2020.

Based on Region, Europe comprehensively dominated the market in 2020 in terms of market share along with the fastest CAGR of 7.44%.

Sources

https://www.subsurfaceheating.com/is-underfloor-heating-enough-to-heat-a-room

https://www.forbes.com/home-improvement/flooring/radiant-heating-floor-cost/

 

1.  Introduction

    1.1. Study Objective

    1.2. Market Definition   

    1.3. Study Scope

       1.3.1. Markets Covered

       1.3.2. Geographic Scope

       1.3.3. Years Considered

       1.3.4. Stakeholders

2.  Research Methodology

    2.1. Data Procurement

    2.2. Paid Database

       2.2.1. Secondary Data

           2.2.1.1. Key Secondary sources

       2.2.2. Primary Data

           2.2.2.1 Primary sources

           2.2.2.2. Key industry insights

           2.2.2.3. Primary interviews with experts

           2.2.2.4. Key primary respondent list

    2.3. Market Size Estimation

    2.4. Bottom-Up and Top-Down Approaches

       2.4.1.    Bottom-Up Approach

           2.4.1.1.      Approach for arriving at market size by bottom-up analysis

       2.4.2.    Top-Down Approach

           2.4.2.1.      Approach for Capturing Market Size by Top-Down Analysis

    2.5. Market Breakdown and Data Triangulation

    2.6. Research Methodology

    2.7. Risk Assessment

3. Executive Summary

    3.1  Market: Post-Covid-19

       3.1.1    Actual Scenario

       3.1.2    Pessimistic Scenario

       3.1.3    Optimistic Scenario

       3.1.4    Market Summary

4. Industry Outlook

    4.1  Market Snapshot

    4.2  Global Underfloor Heating Market

       4.2.1    Global market, 2020 – 2028 (USD Million)

    4.3  Regional Business Analysis

       4.3.1    Global market, by region, 2021 - 2030 (USD Million)

    4.4  By Product Business Analysis

       4.4.1    Global market, By Product, 2021 - 2030 (USD Million)

    4.5  By Offering Business Analysis

       4.5.1    Global market, By Offering, 2021 - 2030 (USD Million)

    4.6  Application Business Analysis

       4.6.1    Global market, By Application, 2021 - 2030 (USD Million)

    4.6  Installation Type Business Analysis

       4.6.1    Global market, By Installation Type, 2021 - 2030 (USD Million)

    4.7  Value Chain Analysis

    4.8  Market Variable Analysis

       4.8.1    Market Drivers Analysis

       4.8.2    Market Restraints Analysis

    4.9 Business Environment Analysis Tool

       4.9.1     market PEST analysis

       4.9.2     market Porter’s analysis

    4.10 Penetration & Growth Prospect Mapping

5. Market Dynamics

    5.1. Introduction

    5.2. Market Dynamics

       5.2.1.    Drivers

       5.2.2.    Restraints

       5.2.3.    Opportunities

       5.2.4.    Challenges

    5.3. Impact of Covid-19 On Market

    5.4. Value Chain Analysis

    5.5. Ecosystem

    5.6. Patent Analysis

    5.7. Trade Analysis

    5.8. Tariff Analysis

    5.9. Case Study Analysis

5.10.   Porter’s Five Forces Analysis

       5.10.1   Threat of New Entrants

       5.10.2   Threat of Substitutes

       5.10.3   Bargaining Power of Buyers

       5.10.4   Bargaining Power of Suppliers

       5.10.5   Degree of Competition

    5.11.        Installation Type Analysis

       5.11.1.   Trends in Installation Type (2014-2020)

       5.11.2.   Trends in Installation Type (2021-2028)

    5.12.        Pricing Analysis

       5.12.1.   Average Price Trend Analysis (By region, By Countries)

6. Competitive & Vendor Landscape

    6.1. Company Market Share Analysis

    6.2. Manufacturers Manufacturing Sites, Area Served, Product Product

    6.3.  Market Competitive Situation and Trends

    6.4. Manufacturers Mergers & Acquisitions, Expansion Plans

7. Global Market: By Product Segment Analysis

    7.1. Introduction

    7.2. Sales Volume & Revenue Analysis (2021-2030)

    7.3. Hydronic

       7.3.1. Hydronic market, 2021 - 2030 (USD Million)

           7.3.1.1 Heating Pipes market, 2021 - 2030 (USD Million)

           7.3.1.2 Thermal Actuators market, 2021 - 2030 (USD Million)

           7.3.1.3 Thermostats and Sensors market, 2021 - 2030 (USD Million)

           7.3.1.4 Wiring Centers market, 2021 - 2030 (USD Million)

           7.3.1.5 Zone Valves market, 2021 - 2030 (USD Million)

           7.3.1.6 Manifolds market, 2021 - 2030 (USD Million)

           7.3.1.7 Valves market, 2021 - 2030 (USD Million)

    7.4. Electric

       7.4.1. Electric market, 2021 - 2030 (USD Million)

           7.4.1.1 Heating Mats market, 2021 - 2030 (USD Million)

           7.4.1.2 Heating Cables market, 2021 - 2030 (USD Million)

           7.4.1.3 Thermostats and Sensors market, 2021 - 2030 (USD Million)

8. Global Market: By Offering Segment Analysis

    8.1. Introduction

    8.2. Sales Volume & Revenue Analysis (2021-2030)

    8.3. Service

       8.3.1.    Service market, 2021 - 2030 (USD Million)

    8.4. Hardware

       8.4.1.    Hardware market, 2021 - 2030 (USD Million)

9. Global Market: By Application Segment Analysis

    9.1. Introduction

    9.2. Sales Volume & Revenue Analysis (2021-2030)

    9.3. Residential

       9.3.1.    Residential market, 2021 - 2030 (USD Million)

    9.4. Industrial

       9.4.1.    Industrial market, 2021 - 2030 (USD Million)

    9.5. Healthcare

       9.5.1.    Healthcare market, 2021 - 2030 (USD Million)

    9.6. Commercial

       9.6.1.    Commercial market, 2021 - 2030 (USD Million)

    9.7. Sports & Entertainment

       9.7.1.    Sports & Entertainment market, 2021 - 2030 (USD Million)

    9.8. Others

       9.8.1.    Others market, 2021 - 2030 (USD Million)

10. Global Market: By Installation Type Segment Analysis

    10.1. Introduction

    10.2. Sales Volume & Revenue Analysis (2021-2030)

    10.3. Retrofit Installation

       10.3.1.   Retrofit Installation market, 2021 - 2030 (USD Million)

    10.4. New Installation

       10.4.1.   New Installation market, 2021 - 2030 (USD Million)

11. Global Market: Regional Outlook

    11.1 North America

       11.1.1.   North America  market, by By Product, 2021 - 2030 (USD Million)

       11.1.2.   North America  market, by By Offering, 2021 - 2030 (USD Million)

       11.1.3.   North America  market, by Installation Type, 2021 - 2030 (USD Million)

       11.1.4.   North America  market, by Country, 2021 - 2030 (USD Million)

    11.1.4.1. U.S.

           11.1.4.1.1.   U.S. market, by By Product, 2021 - 2030 (USD Million)

           11.1.4.1.2.   U.S. market, by By Offering, 2021 - 2030 (USD Million)

           11.1.4.1.3.   U.S. market, by Installation Type, 2021 - 2030 (USD Million)

   11.1.4.2. Canada

           11.1.4.2.1.   Canada market, by By Product, 2021 - 2030 (USD Million)

           11.1.4.2.2.   Canada market, by By Offering, 2021 - 2030 (USD Million)

           11.1.4.2.3.   Canada market, by Installation Type, 2021 - 2030 (USD Million)

11.2. Europe

       11.2.1.   Europe market, by By Product, 2021 - 2030 (USD Million)

       11.2.2.   Europe market, by By Offering, 2021 - 2030 (USD Million)

       11.2.3.   Europe market, by Installation Type, 2021 - 2030 (USD Million)

       11.2.4.   Europe market, by country, 2021 - 2030 (USD Million)

  11.2.4.1  U.K.

           11.2.4.1.1.   U.K. market, by By Product, 2021 - 2030 (USD Million)

           11.2.4.1.2.   U.K. market, by By Offering, 2021 - 2030 (USD Million)

           11.2.4.1.3.   U.K. market, by Installation Type, 2021 - 2030 (USD Million)

  11.2.4.2.      Germany

           11.2.4.2.1.   Germany market, by By Product, 2021 - 2030 (USD Million)

           11.2.4.2.2.   Germany market, by By Offering, 2021 - 2030 (USD Million)

           11.2.4.2.3.   Germany market, by Installation Type, 2021 - 2030 (USD Million)

  11.2.4.3.      France

           11.2.4.3.1.   France market, by By Product, 2021 - 2030 (USD Million)

           11.2.4.3.2.   France market, by By Offering, 2021 - 2030 (USD Million)

           11.2.4.3.3.   France market, by Installation Type, 2021 - 2030 (USD Million)

  11.2.4.4.      Rest of Europe

           11.2.4.4.1.   Rest of Europe market, by By Product, 2021 - 2030 (USD Million)

           11.2.4.4.2.   Rest of Europe market, by By Offering, 2021 - 2030 (USD Million)

           11.2.4.4.3.   Rest of Europe market, by Installation Type, 2021 - 2030 (USD Million)

    11.3.        Asia Pacific

       11.3.1.   Asia Pacific market, by By Product, 2021 - 2030 (USD Million)

       11.3.2.   Asia Pacific market, by By Offering, 2021 - 2030 (USD Million)

       11.3.3.   Asia Pacific market, by Installation Type, 2021 - 2030 (USD Million)

       11.3.4.   Asia Pacific market, by country, 2021 - 2030 (USD Million)

  11.3.4.1.      China

           11.3.4.1.1.   China market, by By Product, 2021 - 2030 (USD Million)

           11.3.4.1.2.   China market, by By Offering, 2021 - 2030 (USD Million)

           11.3.4.1.3.   China market, by Installation Type, 2021 - 2030 (USD Million)

  11.3.4.2.      India

           11.3.4.2.1.   India market, by By Product, 2021 - 2030 (USD Million)

           11.3.4.2.2.   India market, by By Offering, 2021 - 2030 (USD Million)

           11.3.4.2.3.   India  market, by Installation Type, 2021 - 2030 (USD Million)

  11.3.4.3.      Japan

           11.3.4.3.1.   Japan market, by By Product, 2021 - 2030 (USD Million)

           11.3.4.3.2.   Japan market, by By Offering, 2021 - 2030 (USD Million)

           11.3.4.3.3.   Japan market, by Installation Type, 2021 - 2030 (USD Million)

  11.3.4.4.      South Korea

           11.3.4.4.1.   South Korea market, by By Product, 2021 - 2030 (USD Million)

           11.3.4.4.2.   South Korea market, by By Offering, 2021 - 2030 (USD Million)

           11.3.4.4.3.   South Korea market, by Installation Type, 2021 - 2030 (USD Million)

11.3.4.5.        Rest of ASIA PACIFIC

           11.3.4.5.1.   Rest of ASIA PACIFIC market, by By Product, 2021 - 2030 (USD Million)

           11.3.4.5.2.   Rest of ASIA PACIFIC market, by By Offering, 2021 - 2030 (USD Million)

           11.3.4.5.3.   Rest of ASIA PACIFIC market, by Installation Type, 2021 - 2030 (USD Million)

    11.4.        Latin America

       11.4.1.   Latin America market, by By Product, 2021 - 2030 (USD Million)

       11.4.2.   Latin America market, by By Offering, 2021 - 2030 (USD Million)

       11.4.3.   Latin America market, by Installation Type, 2021 - 2030 (USD Million)

       11.4.4.   Latin America market, by country, 2021 - 2030 (USD Million)

11.4.4.1.        Brazil

           11.4.4.1.1.   Brazil market, by By Product, 2021 - 2030 (USD Million)

           11.4.4.1.2.   Brazil market, by By Offering, 2021 - 2030 (USD Million)

           11.4.4.1.3.   Brazil market, by Installation Type, 2021 - 2030 (USD Million)

11.4.4.2.        Mexico

           11.4.4.2.1.   Mexico market, by By Product, 2021 - 2030 (USD Million)

           11.4.4.2.2.   Mexico market, by By Offering, 2021 - 2030 (USD Million)

           11.4.4.2.3.   Mexico market, by Installation Type, 2021 - 2030 (USD Million)

           11.4.4.3.     Rest of the Latin America

           11.4.4.3.1.   Rest of the Latin America market, by By Product, 2021 - 2030 (USD Million)

           11.4.4.3.2.   Rest of the Latin America market, by By Offering, 2021 - 2030 (USD Million)

           11.4.4.3.3.   Rest of the Latin America market, by Installation Type, 2021 - 2030 (USD Million)

    11.5.        MEA

       11.5.1.   MEA market, by By Product, 2021 - 2030 (USD Million)

       11.5.2.   MEA market, by By Offering, 2021 - 2030 (USD Million)

       11.5.3.   MEA market, by Installation Type, 2021 - 2030 (USD Million)

       11.5.4.   MEA market, by Region, 2021 - 2030 (USD Million)

 

12. Competitive Landscape

    12.1 Uponor

       12.1.1.   Company overview

       12.1.2.   Financial performance

       12.1.3.   Product Portfolio Analysis

       12.1.4.   Business Strategy & Recent Development

    12.2. Danfoss

       12.2.1.   Company overview

       12.2.2.   Financial performance

       12.2.3.   Product Portfolio Analysis

       12.2.4.   Business Strategy & Recent Development

    12.3. Daikin

       12.3.1.   Company overview

       12.3.2.   Financial performance

       12.3.3.   Product Portfolio Analysis

       12.3.4.   Business Strategy & Recent Development

    12.4. Resideo Technologies Inc

       12.4.1.   Company overview

       12.4.2.   Financial performance

       12.4.3.   Product Portfolio Analysis

       12.4.4.   Business Strategy & Recent Development

    12.5. Rehau

       12.5.1.   Company overview

       12.5.2.   Financial performance

       12.5.3.   Product Portfolio Analysis

       12.5.4.   Business Strategy & Recent Development

    12.6. Emerson

       12.6.1.   Company overview

       12.6.2.   Financial performance

       12.6.3.   Product Portfolio Analysis

       12.6.4.   Business Strategy & Recent Development

    12.7. WARMUP INC

       12.7.1.   Company overview

       12.7.2.   Financial performance

       12.7.3.   Product Portfolio Analysis

       12.7.4.   Business Strategy & Recent Development

    12.8. Robert Bosch

       12.8.1.   Company overview

       12.8.2.   Financial performance

       12.8.3.   Product Portfolio Analysis

       12.8.4.   Business Strategy & Recent Development

    12.9. nVent Electric

       12.9.1.   Company overview

       12.9.2.   Financial performance

       12.9.3.   Product Portfolio Analysis

       12.9.4.   Business Strategy & Recent Development

    12.10. Siemens

       12.10.1. Company overview

       12.10.2. Financial performance

       12.10.3. Product Portfolio Analysis

       12.10.4. Business Strategy & Recent Development

    12.11. Thermosoft International

       12.11.1. Company overview

       12.11.2. Financial performance

       12.11.3. Product Portfolio Analysis

       12.11.4. Business Strategy & Recent Development

    12.12. Mitsubishi Electric

       12.12.1. Company overview

       12.12.2. Financial performance

       12.12.3. Product Portfolio Analysis

       12.12.4. Business Strategy & Recent Development

    12.13. Honeywell

       12.13.1. Company overview

       12.13.2. Financial performance

       12.13.3. Product Portfolio Analysis

       12.13.4. Business Strategy & Recent Development

 

List of Tables (61 Tables)

TABLE 1.  MARKET, By Product, 2021-2030 (USD Million)

TABLE 2.  MARKET FOR Hydronic , BY REGION, 2021-2030 (USD Million)

TABLE 3.  MARKET FOR Electric , BY REGION, 2021-2030 (USD Million)

TABLE 4. MARKET, By Offering, 2021-2030 (USD Million)

TABLE 5. MARKET FOR Service, BY REGION, 2021-2030 (USD Million)

TABLE 6. MARKET FOR Hardware, BY REGION, 2021-2030 (USD Million)

TABLE 7. MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million)

TABLE 8. MARKET FOR Retrofit Installation, BY REGION, 2021-2030 (USD Million)

TABLE 9. MARKET FOR New Installation, BY REGION, 2021-2030 (USD Million)

TABLE 10. MARKET, BY Application, 2021-2030 (USD Million)

TABLE 11. MARKET FOR Residential, BY REGION, 2021-2030 (USD Million)

TABLE 12. MARKET FOR Industrial, BY REGION, 2021-2030 (USD Million)

TABLE 13. MARKET FOR Healthcare, BY REGION, 2021-2030 (USD Million)

TABLE 14. MARKET FOR Commercial, BY REGION, 2021-2030 (USD Million)

TABLE 15. MARKET FOR Sports & Entertainment, BY REGION, 2021-2030 (USD Million)

TABLE 16. MARKET FOR Others, BY REGION, 2021-2030 (USD Million)

TABLE 17. MARKET, BY REGION, 2021-2030 (USD Million)

TABLE 18. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 19. NORTH AMERICA MARKET, By Product, 2021-2030 (USD Million)

TABLE 20. NORTH AMERICA MARKET, By Offering, 2021-2030 (USD Million)

TABLE 21. NORTH AMERICA MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million)

TABLE 22. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 23. EUROPE MARKET, By Product, 2021-2030 (USD Million)

TABLE 24. EUROPE MARKET, By Offering, 2021-2030 (USD Million)

TABLE 25. EUROPE MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million)

TABLE 26. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 27. ASIA-PACIFIC MARKET, By Product, 2021-2030 (USD Million)

TABLE 28. ASIA-PACIFIC MARKET, By Offering, 2021-2030 (USD Million)

TABLE 29. ASIA-PACIFIC MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million)

TABLE 30. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million)

TABLE 31. LAMEA MARKET, By Product, 2021-2030 (USD Million)

TABLE 32. LAMEA MARKET, By Application, 2021-2030 (USD Million)

TABLE 33. LAMEA MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million)

TABLE 34. Corporation: COMPANY SNAPSHOT

TABLE 35. Corporation: OPERATING SEGMENTS

TABLE 36. Uponor: COMPANY SNAPSHOT

TABLE 37. Uponor: OPERATING SEGMENTS

TABLE 38. Danfoss: COMPANY SNAPSHOT

TABLE 39. Danfoss: OPERATING SEGMENTS

TABLE 40. Daikin: COMPANY SNAPSHOT

TABLE 41. Daikin: OPERATING SEGMENTS

TABLE 42. Resideo Technologies Inc: COMPANY SNAPSHOT

TABLE 43. Resideo Technologies Inc: OPERATING SEGMENTS

TABLE 44. Rehau: COMPANY SNAPSHOT

TABLE 45. Rehau: OPERATING SEGMENTS

TABLE 46. Emerson: COMPANY SNAPSHOT

TABLE 47. Emerson: OPERATING SEGMENTS

TABLE 48. WARMUP INC: COMPANY SNAPSHOT

TABLE 49. WARMUP INC: OPERATING SEGMENTS

TABLE 50. Robert Bosch: COMPANY SNAPSHOT

TABLE 51. Robert Bosch: OPERATING SEGMENTS

TABLE 52. nVent Electric: COMPANY SNAPSHOT

TABLE 53. nVent Electric: OPERATING SEGMENTS

TABLE 54. Siemens: COMPANY SNAPSHOT

TABLE 55. Siemens: OPERATING SEGMENTS

TABLE 56. Thermosoft International: COMPANY SNAPSHOT

TABLE 57. Thermosoft International: OPERATING SEGMENTS

TABLE 58. Mitsubishi Electric: COMPANY SNAPSHOT

TABLE 59. Mitsubishi Electric: OPERATING SEGMENTS

TABLE 60. Honeywell: COMPANY SNAPSHOT

TABLE 61. Honeywell: OPERATING SEGMENTS

 

List of Figures (24 Figures)

Figure 1 Market: Research Methodology Steps

Figure 2 Research Design

Figure 3 Breakdown of Primaries: Market

Figure 4 Research Methodology: Hypothesis Building

Figure 5 Market: Product-Based Estimation

Figure 6 Top 13 Companies with Highest No. Of Patent in Last 9 Years

Figure 7 No. Of Patents Granted Per Year, 2019–2020

Figure 8 Import Data for , By Country, 2016–2020 (USD Thousand)

Figure 9 Export Data for , By Country, 2016–2020 (USD Thousand)

Figure 10 Data Triangulation Methodology

Figure 11 Market, By Offering, 2019 vs. 2025 (USD Million)

Figure 12 Market Share, By Installation Type, 2019 vs. 2025 (USD Million)

Figure 13 Market Share, By Product, 2019 vs. 2025 (USD Million)

Figure 14 Market Share, By Application, 2019 vs. 2025 (USD Million)

Figure 15 Geographical Snapshot of the Market

Figure 16 Hydronic to Witness Higher CAGR in the Market for Product Segment during Forecast Period.

Figure 17 New Installation to Witness Higher CAGR in the Market for Installation Type Segment during Forecast Period.

Figure 18 Hardware to Witness Higher CAGR in the Market for Offering Segment during Forecast Period.

Figure 19 Residential to Witness Higher CAGR in the Market for Application Segment during Forecast Period.

Figure 20 Europe Accounted for the Largest Share of the Market, By Regional Basis, in 2019

Figure 21 Market: Drivers, Restraints, Opportunities, and Challenges

Figure 22 Europe: Market Snapshot

Figure 23 Asia Pacific: Market Snapshot

Figure 24 Vendor Dive: Evaluation Overview

 

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