The North America Underfloor Heating Market would witness market growth of 5.8% CAGR during the forecast period (2021-2027).
Rapid development in developing nations has accelerated the development of the construction industry, which would create more demand for such advanced household devices in these countries' cold zones. Because underfloor heating has a wide range of uses during the night, the semi-desert and desert climatic conditions in various areas around the North America would highly use these systems to sustain in these areas during nights.
Radiant heating is divided into two types: electric and hydronic-based systems, both of which heat a space from the floor to give effective warmth. Hot water passes via pipes to generate heat in hydronic systems, whereas electric underfloor heating heats wiring beneath the floor to generate heat. Unlike typical radiators, which can make a room seem frigid at times and overly hot at others, underfloor heating does not overheat and instead maintain the temperature set by the user via the thermostat.
Governments across this region have provided guidelines to the appliances or energy-using systems to state the rating for its energy usage. The Energy Rating Label displays the efficiency of specific appliances and equipment. It enables customers to determine how much a model will cost to operate, as well as how energy efficient it is in relation to similar models. Also, the adoption of energy-efficient heating systems is becoming a trend among consumers.
The US market dominated the North America Underfloor Heating Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,619.8 million by 2027. The Canada market is expected to witness a CAGR of 8.2% during (2021 - 2027). Additionally, The Mexico market would showcase 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Underfloor Heating Market is Estimated to reach $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
By Application
- Residential
- Commercial
- Industrial
By System
- Heating System
- Control System
By Installation Type
- New Installation
- Retrofit Installation
By Country
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Underfloor Heating Market, by Product Type
1.4.2 North America Underfloor Heating Market, by Application
1.4.3 North America Underfloor Heating Market, by System
1.4.4 North America Underfloor Heating Market, by Installation Type
1.4.5 North America Underfloor Heating Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Scenario and Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies deployed in Underfloor Heating Market
Chapter 4. North America Underfloor Heating Market by Product Type
4.1 North America Hydronic Market by Country
4.2 North America Electric Market by Country
Chapter 5. North America Underfloor Heating Market by Application
5.1 North America Residential Market by Country
5.2 North America Commercial Market by Country
5.3 North America Industrial Market by Country
Chapter 6. North America Underfloor Heating Market by System
6.1 North America Heating System Market by Country
6.2 North America Control System Market by Country
Chapter 7. North America Underfloor Heating Market by Installation Type
7.1 North America New Installation Market by Country
7.2 North America Retrofit Installation Market by Country
Chapter 8. North America Underfloor Heating Market by Country
8.1 US Underfloor Heating Market
8.1.1 US Underfloor Heating Market by Product Type
8.1.2 US Underfloor Heating Market by Application
8.1.3 US Underfloor Heating Market by System
8.1.4 US Underfloor Heating Market by Installation Type
8.2 Canada Underfloor Heating Market
8.2.1 Canada Underfloor Heating Market by Product Type
8.2.2 Canada Underfloor Heating Market by Application
8.2.3 Canada Underfloor Heating Market by System
8.2.4 Canada Underfloor Heating Market by Installation Type
8.3 Mexico Underfloor Heating Market
8.3.1 Mexico Underfloor Heating Market by Product Type
8.3.2 Mexico Underfloor Heating Market by Application
8.3.3 Mexico Underfloor Heating Market by System
8.3.4 Mexico Underfloor Heating Market by Installation Type
8.4 Rest of North America Underfloor Heating Market
8.4.1 Rest of North America Underfloor Heating Market by Product Type
8.4.2 Rest of North America Underfloor Heating Market by Application
8.4.3 Rest of North America Underfloor Heating Market by System
8.4.4 Rest of North America Underfloor Heating Market by Installation Type
Chapter 9. Company Profiles
9.1 Uponor Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.2 Honeywell International, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisitions and Mergers:
9.2.6 SWOT Analysis
9.3 Robert Bosch GmbH (Bosch Sensortec GmbH)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Pentair PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.5 Mitsubishi Electric Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 SWOT Analysis
9.6 Emerson Electric Co.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisitions and Mergers:
9.7 Schneider Electric SE
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Siemens AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 The Danfoss Group
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 AAcquisitions and Mergers:
9.10. Warmup PLC
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Underfloor Heating Market, 2017 - 2020, USD Million
TABLE 2 North America Underfloor Heating Market, 2021 - 2027, USD Million
TABLE 3 North America Underfloor Heating Market by Product Type, 2017 - 2020, USD Million
TABLE 4 North America Underfloor Heating Market by Product Type, 2021 - 2027, USD Million
TABLE 5 North America Hydronic Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Hydronic Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Electric Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Electric Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Underfloor Heating Market by Application, 2017 - 2020, USD Million
TABLE 10 North America Underfloor Heating Market by Application, 2021 - 2027, USD Million
TABLE 11 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Commercial Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Commercial Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Industrial Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Industrial Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Underfloor Heating Market by System, 2017 - 2020, USD Million
TABLE 18 North America Underfloor Heating Market by System, 2021 - 2027, USD Million
TABLE 19 North America Heating System Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Heating System Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Control System Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Control System Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Underfloor Heating Market by Installation Type, 2017 - 2020, USD Million
TABLE 24 North America Underfloor Heating Market by Installation Type, 2021 - 2027, USD Million
TABLE 25 North America New Installation Market by Country, 2017 - 2020, USD Million
TABLE 26 North America New Installation Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Retrofit Installation Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Retrofit Installation Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Underfloor Heating Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Underfloor Heating Market by Country, 2021 - 2027, USD Million
TABLE 31 US Underfloor Heating Market, 2017 - 2020, USD Million
TABLE 32 US Underfloor Heating Market, 2021 - 2027, USD Million
TABLE 33 US Underfloor Heating Market by Product Type, 2017 - 2020, USD Million
TABLE 34 US Underfloor Heating Market by Product Type, 2021 - 2027, USD Million
TABLE 35 US Underfloor Heating Market by Application, 2017 - 2020, USD Million
TABLE 36 US Underfloor Heating Market by Application, 2021 - 2027, USD Million
TABLE 37 US Underfloor Heating Market by System, 2017 - 2020, USD Million
TABLE 38 US Underfloor Heating Market by System, 2021 - 2027, USD Million
TABLE 39 US Underfloor Heating Market by Installation Type, 2017 - 2020, USD Million
TABLE 40 US Underfloor Heating Market by Installation Type, 2021 - 2027, USD Million
TABLE 41 Canada Underfloor Heating Market, 2017 - 2020, USD Million
TABLE 42 Canada Underfloor Heating Market, 2021 - 2027, USD Million
TABLE 43 Canada Underfloor Heating Market by Product Type, 2017 - 2020, USD Million
TABLE 44 Canada Underfloor Heating Market by Product Type, 2021 - 2027, USD Million
TABLE 45 Canada Underfloor Heating Market by Application, 2017 - 2020, USD Million
TABLE 46 Canada Underfloor Heating Market by Application, 2021 - 2027, USD Million
TABLE 47 Canada Underfloor Heating Market by System, 2017 - 2020, USD Million
TABLE 48 Canada Underfloor Heating Market by System, 2021 - 2027, USD Million
TABLE 49 Canada Underfloor Heating Market by Installation Type, 2017 - 2020, USD Million
TABLE 50 Canada Underfloor Heating Market by Installation Type, 2021 - 2027, USD Million
TABLE 51 Mexico Underfloor Heating Market, 2017 - 2020, USD Million
TABLE 52 Mexico Underfloor Heating Market, 2021 - 2027, USD Million
TABLE 53 Mexico Underfloor Heating Market by Product Type, 2017 - 2020, USD Million
TABLE 54 Mexico Underfloor Heating Market by Product Type, 2021 - 2027, USD Million
TABLE 55 Mexico Underfloor Heating Market by Application, 2017 - 2020, USD Million
TABLE 56 Mexico Underfloor Heating Market by Application, 2021 - 2027, USD Million
TABLE 57 Mexico Underfloor Heating Market by System, 2017 - 2020, USD Million
TABLE 58 Mexico Underfloor Heating Market by System, 2021 - 2027, USD Million
TABLE 59 Mexico Underfloor Heating Market by Installation Type, 2017 - 2020, USD Million
TABLE 60 Mexico Underfloor Heating Market by Installation Type, 2021 - 2027, USD Million
TABLE 61 Rest of North America Underfloor Heating Market, 2017 - 2020, USD Million
TABLE 62 Rest of North America Underfloor Heating Market, 2021 - 2027, USD Million
TABLE 63 Rest of North America Underfloor Heating Market by Product Type, 2017 - 2020, USD Million
TABLE 64 Rest of North America Underfloor Heating Market by Product Type, 2021 - 2027, USD Million
TABLE 65 Rest of North America Underfloor Heating Market by Application, 2017 - 2020, USD Million
TABLE 66 Rest of North America Underfloor Heating Market by Application, 2021 - 2027, USD Million
TABLE 67 Rest of North America Underfloor Heating Market by System, 2017 - 2020, USD Million
TABLE 68 Rest of North America Underfloor Heating Market by System, 2021 - 2027, USD Million
TABLE 69 Rest of North America Underfloor Heating Market by Installation Type, 2017 - 2020, USD Million
TABLE 70 Rest of North America Underfloor Heating Market by Installation Type, 2021 - 2027, USD Million
TABLE 71 Key Information – Uponor Corporation
TABLE 72 Key information – Honeywell International, Inc.
TABLE 73 key information – Robert Bosch GmbH
TABLE 74 Key Information – Pentair PLC
TABLE 75 key information – Mitsubishi Electric Corporation
TABLE 76 Key Information – Emerson Electric Co.
TABLE 77 Key information – Schneider Electric SE
TABLE 78 Key Information – Siemens AG
TABLE 80 Key Information – Warmup Plc
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Honeywell international, inc.
FIG 3 Swot analysis: Robert bosch gmbh
FIG 4 SWOT Analysis: Mitsubishi Electric Corporation
FIG 5 Swot analysis: Schneider Electric SE
FIG 6 Swot analysis: Siemens AG