Beneficial Taxation Program is expected to Drive Underfloor Heating Industry Growth

Underfloor Heating

Underfloor heating is a form of central heating system to control indoor climate using convection, radiation, and conduction. Most commercial and residential buildings employ electric or hydronic systems to heat floors. Other applications include turf conditioning in soccer fields, snow/ice melting in ice rinks, and frost prevention. Advances in system design that enhance energy efficiency and control energy costs can augment the market over the forecast period.Underfloor heating is a form of central heating system to control indoor climate using convection, radiation, and conduction. Most commercial and residential buildings employ electric or hydronic systems to heat floors. Other applications include turf conditioning in soccer fields, snow/ice melting in ice rinks, and frost prevention. Advances in system design that enhance energy efficiency and control energy costs can augment the market over the forecast period.

Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-underfloor-heating-industry-2017/request-sample

 Innovations are bountiful in the industry in response to energy-consciousness among consumers. Belimo Holding AG, a Swiss manufacturer of actuators and valves, recently expanded its product portfolio by launching innovative sensors to complement its valves and actuators. Sensors can be integrated within the building and be used to measure CO2, pressure, humidity, and temperature levels. Retirement communities in the U.K. are increasingly adopting these systems for their insulation needs.

The global underfloor heating industry is segmented on the basis of product, application, and region. Heating cable, heating pipe, electronic underfloor heating, hydronic underfloor heating, thermostat, wall-mount, and manifold are various products within the market. Hydronic underfloor heating systems are ideally suited for homes with an existing water heating system. Heat is directed to the surface with the help of hot water. It is expected to exhibit a decent CAGR during the forecast period due to being compatible with most floor finishes.

The report “Global Underfloor Heating Industry 2017 Market Research Report” is available now at https://www.radiantinsights.com/research/global-underfloor-heating-industry-2017

 Major market applications encompass industrial, residential, and commercial buildings. The commercial buildings segment is expected to exhibit an exemplary CAGR over the forecast period due to the benefit of installing renewable energy systems. The residential segment is anticipated to register a high CAGR due to trends of customized installations and do-it-yourself (DIY) projects. The global market is expected to grow profitably due to demand for invisible heating systems in kitchens and capitalizing on the current trend of minimalism.

Regions in the underfloor heating market include Taiwan, South Korea, Japan, China, United States, European Union (EU), and others. European Union held the largest market share in 2016 due to stringent environment regulations and their focused goal of a zero-carbon economy. Countries like Finland rely on solar power for 40% of their heating needs. Reliance on heating systems can provide lucrative growth opportunities for the regional market. The rest of the above-mentioned regions are expected to showcase a significant CAGR till 2022.

Prominent market players include Danfoss A/S, Daikin, Robert Bosch Gmbh, Honeywell International, and Borealis Group. Novel product development and mergers and acquisitions (M&A) are business strategies used by these players to sustain market hold. For instance, Honeywell International launched a smart thermostat system, EvoHome, to have better control on heating systems. Its ability to control each radiator individually to set temperature settings can disrupt the overall market. 

Comments

Post a Comment

Popular posts from this blog

Interactive Voice Response Market Research Report to 2022 by Radiant Insights

Based on the findings of a research report made available by Radiant Insights, Inc., the global interactive voice response (IVR) market is projected to witness steady growth over the forecast period (from 2016 to 2022). Growing need for improved Customer Relationship Management (CRM) is anticipated to augment overall market growth in future. Various companies can generate more revenue through IVRs as they can help resolve and fulfill customer queries at any time and place, thereby eliminating the need for a live agent. This, in turn, reduces overall costs. Request a Free Sample Copy of this Report @     www.radiantinsights.com/research/global-interactive-voice-response-market-research-report-2017-2022/request-sample The complexity of these systems caused by the presence of many irrelevant options may have a negative impact on the global market. However, increasing incorporation of highly developed technologies and growing adoption of cloud-based services that meet market standar
Read more

Contact Center Market Procurement Intelligence and Supplier Ranking Report to 2025

  Category Overview The  contact center market  has demonstrated high growth in recent years and with constant business process outsourcing, the growth is expected to continue in the future. The contact center market was valued at USD 365 billion in 2020 and is expected to grow at a CAGR of 4.2% during the forecast period (2020 to 2025). The COVID-19 pandemic has resulted in several market changes. While in-house contact centers still dominate the market, the transition to cloud-based contact centers is significantly growing due to the social distancing norms, which are keeping offices from operating at 100% capacity. Asia Pacific is the largest market for contact centers with the Philippines, India, China, Vietnam, and Singapore being the largest hubs for contact centers. The U.S. occupies approximately one-third of the global market with regions like California and Tampa being the contact center hubs. Supplier Intelligence The market for contact centers is highly fragmented with the
Read more

Wood Flooring Market- Worldwide supply/demand pattern and New Tech Innovation

Wood flooring is a product obtained from timber and is intended for use as flooring. Wood floorings have a variety of cuts, designs, colors, and styles. People these days prefer wood flooring to enhance the look of their homes; moreover, quality wood floorings can last for years without much maintenance expenses.Wood flooring is a product obtained from timber and is intended for use as flooring. Wood floorings have a variety of cuts, designs, colors, and styles. People these days prefer wood flooring to enhance the look of their homes; moreover, quality wood floorings can last for years without much maintenance expenses. Request a Free Sample Copy of this Report @  https://www.radiantinsights.com/research/global-wood-flooring-market-professional-survey-report-2017/request-sample Several other benefits of wood floorings include: • They are more hygienic than carpets • They are durable and need minimum maintenance • They provide a great medium for installing under-floor heating • T
Read more