Asia Pacific Underfloor Heating Market Size, Share & Industry Trends Analysis Report By Product Type (Hydronic and Electric), By Application, By System, By Installation Type, By Country and Growth Forecast, 2021 - 2027
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Asia Pacific Underfloor Heating Market
Market Report Description
The Asia Pacific Underfloor Heating Market would witness market growth of 6.6% CAGR during the forecast period (2021-2027).
Underfloor heating can improve indoor air quality by allowing the customers to choose from a variety of frigid flooring materials like tile, slate, terrazzo, and concrete. In comparison to other flooring solutions, brick surfaces typically emit very few VOCs (volatile organic compounds). Floor heating, in addition to controlling moisture, creates temperature conditions that are less conducive to mould, germs, viruses, and dust mites.
By eliminating the sensible heating load from the total HVAC (Heating, Ventilation, and Air Conditioning) load, dedicated outside air systems with lower volumetric turnover, can provide ventilation, filtration, and dehumidification of incoming air, reducing the spread of airborne contaminants. The benefits of floor heating have been recognized by the medical community, particularly in relation to allergies.
There is an increased government and private sector investments in the construction and extension of existing and new building infrastructure. There are many region players who are constantly working to reduce the cost of these heating systems to make it more affordable for the consumers, which is one of the crucial aspects fueling the demand and growth of the regional underfloor heating market over the forecast period.
The China market dominated the Asia Pacific Underfloor Heating Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $425.5 million by 2027. The Japan market is anticipated to grow a CAGR of 6% during (2021 - 2027). Additionally, The India market would experience a CAGR of 7.3% during (2021 - 2027).
Based on Product Type, the market is segmented into Hydronic and Electric. Based on Application, the market is segmented into Residential, Commercial, and Industrial. Based on System, the market is segmented into Heating System and Control System. Based on Installation Type, the market is segmented into New Installation and Retrofit Installation. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Underfloor Heating Market is Projected to reach USD 7 Billion by 2027, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Uponor Corporation, Honeywell International, Inc., Robert Bosch GmbH, Pentair PLC, Mitsubishi Electric Corporation, Emerson Electric Co., Schneider Electric SE, Siemens AG, The Danfoss Group, Warmup PLC.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Heating System
- Control System
By Installation Type
- New Installation
- Retrofit Installation
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Uponor Corporation
- Honeywell International, Inc.
- Robert Bosch GmbH
- Pentair PLC
- Mitsubishi Electric Corporation
- Emerson Electric Co.
- Schneider Electric SE
- Siemens AG
- The Danfoss Group
- Warmup PLC
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Global Underfloor Heating Market Report 2021-2027
North America Underfloor Heating Market Report 2021-2027
Europe Underfloor Heating Market Report 2021-2027