Global Underfloor Heating Market 2019-2023

SKU ID : TNV- 13347908

Publishing Date : 27-Mar-2019

No. of pages : 119


  • About this market
    The increasing refurbishment and replacement demand will trigger the underfloor heating market growth during the forthcoming years. Old HVAC systems are increasingly being replaced with modern variants including the underfloor heating systems as a part of increasing the energy efficiency of the buildings. As a result, advantages of modern systems including reduced operation costs and higher energy efficiency will encourage millions of homeowners in the US to replace their old HVAC systems with modern ones including the underfloor heating. As a result, the growing demand for HVAC refurbishments will boost the underfloor heating market growth in the forthcoming years. analysts have predicted that the underfloor heating market will register a CAGR of over 6% by 2023.
    Market Overview
    The rise in global construction activities
    One of the growth drivers of the global underfloor heating market is the rise in global construction activities. The growth in residential, commercial, and infrastructure construction activities across the globe is expected to increase the demand for underfloor heating systems and components during the forecast period.
    Easy availability of substitutes
    One of the challenges in the growth of the global underfloor heating market is the easy availability of substitutes. The adoption of district heating systems has become a major challenge for the growth of the global underfloor heating market.
    For the detailed list of factors that will drive and challenge the growth of the underfloor heating market during 019-2023, view our report.
    Competitive Landscape
    The market appears to be concentrated and with the presence of a few market players. The lifespan of crosslinked polyethylene tubes is higher, which makes it the preferred choice among manufacturers of underfloor heating systems to provide crosslinked polyethylene tubes. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

    Frequently Asked Questions

    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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