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New York, May 3, 2020 (GLOBE NEWSWIRE) – Reportlinker.com Announces Launch of Report “Underfloor Heating Market by Offer, Subsystem, System Type, Application, Component, Installation Type, Region – Global Forecast for 2025 “- https: //www.reportlinker.com/p05025061/? utm_source = GNW
Among the offers, the market for the services segment is expected to grow at the highest CAGR during the forecast period. This segment mainly covers services, namely installation, repair and maintenance.
Installation services are mainly being adopted for hydronic underfloor heating systems.
The market for underfloor electric heating systems is expected to grow to the highest CAGR during the forecast period
Electronic systems are less expensive and easier to adapt, with many systems available that do not require an insulating rule. Electronic systems can also be easily installed in a single room, particularly where wireless controllers are used, which do not require digging wall channels. .
Electric underfloor heating systems also put less load on floors; therefore, they can be easily installed in rooms and floors that are on a higher level.
The heating mat market is expected to grow at the highest annual rate of annual growth during the forecast period
The market for heating mats is expected to grow at the fastest rate due to the increased adoption of DIY (DIY) underfloor heating systems. electrical system, and then cover it with the floor material.
In general, ceramic tiles, granite floors and any other natural stone products work well with these DIY electric underfloor heating mats as the underfloor heating mats are very thin.
The market for residential applications is expected to grow to the highest CAGR during the forecast period.
According to recent trends, energy saving is one of the most important problems affecting consumers and the global environment. The residential sector is considered one of the most critical markets for underfloor heating systems due to its high impact on energy consumption.
Heating systems consume a significant amount of energy. A underfloor heating system is a viable option for heating high-efficiency residential spaces in cold climates.
Many home buyers now appreciate the benefits of underfloor heating and see it as a premium feature when choosing a new home.
Europe had the largest share of the underfloor heating market in 2019
Underfloor heating has been popular in Europe for many years, and the demand for this technology is growing rapidly in Europe. Recent technological advances have led to the increasing adoption of underfloor heating in the main market as systems become easier to install, properties are better insulated, and the benefits of underfloor heating are better known.
Breakdown of the profiles of the main participants:
• By type of company: Level 1 = 45%, Level 2 = 34% and Level 3 = 21%
• By appointment: C-level executives = 45%, directors = 36% and managers = 19%
• By region: North America = 39%, Europe = 41%, APAC = 16% and RoW = 4%
Main players outlined in this report:
• Uponor (Finland)
• Honeywell (USA)
• nVent Electric (UK)
• Warming up (UK)
• Rehau (Switzerland)
• Emerson (USA)
• Robert Bosch (Germany)
• Danfoss (Denmark)
• Pentair (USA)
• Mitsubishi Electric (Japan)
• Siemens (Germany)
• Schneider Electric (France)
• Myson (UK)
• Thermosoft International (USA)
• Flexel International (United Kingdom)
• Nexans (France)
• Amuheat (Australia)
• ESI Heating and Cooling (USA)
• Janes Radiant (USA)
• Incognito (United Kingdom)
Research coverage
This report provides detailed information on the underground market based on components, type of subsystem, type of system, offer, type of installation, application and region.
Reasons to buy the report
The report is expected to assist market leaders / new entrants to this market in the following ways:
1. This report segments the underfloor heating market comprehensively and provides the closest approximations of the overall size of the market, as well as its segments and subsegments.
2. The report is expected to help stakeholders understand the pulse of the market and provide them with information on key factors, constraints, challenges and opportunities.
3. This report aims to help stakeholders gain a better understanding of their competitors and obtain information to improve their market position. The competitive landscape section includes the competing ecosystem of the market, as well as growth strategies such as product launches and developments, expansions, partnerships, agreements, contracts, and mergers and acquisitions adopted by major market players.
Read the full report: https://www.reportlinker.com/p05025061/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need, instantly, in one place.
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