The electrical floor heating and underfloor are gaining traction on account of rapid automation in the commercial, residential, as well as industrial sectors. Growing awareness about the benefits of underfloor heating further creates a positive outlook for the players operating in the electrical floor heating market. The European region is expected to witness tremendous growth on account of cold climate and favorable regulatory requirements.
MARKET DYNAMICS
The electrical floor heating market is anticipated to soar in the forecast period owing to factors such as the rising popularity of underfloor heating electrical and increasing construction activities. Besides, high comfort and flexibility associated with the underfloor heating systems are likely to propel the market growth. However, a slow response time of the electrical systems may obstruct the growth of the electrical floor heating market during the forecast period. Nevertheless, increasing adoption of IoT and smart homes would offer lucrative opportunities for the market in the coming years.
MARKET SCOPE
The "Global Electrical Floor Heating Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of electrical floor heating market with detailed market segmentation by component, installation, end user, and geography. The global electrical floor heating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electrical floor heating market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electrical floor heating market is segmented on the basis of component, installation, and end user. Based on component, the market is segmented as heating cables, heating mats, sensor and thermostat, and others. On the basis of the installation, the market is segmented as new installation and retrofit. The market on the basis of the end user is classified as residential, commercial, hospitality, healthcare, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electrical floor heating market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electrical floor heating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting electrical floor heating market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the xx market in these regions.
MARKET PLAYERS
The reports cover key developments in the electrical floor heating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from electrical floor heating market are anticipated to lucrative growth opportunities in the future with the rising demand for electrical floor heating in the global market. Below mentioned is the list of few companies engaged in the electrical floor heating market.
The report also includes the profiles of key electrical floor heating companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Danfoss
- Emerson Electric Co.
- Honeywell International Inc.
- Myheat
- Nexans
- nVent
- Siemens AG
- Solfex Ltd. (Travis Perkins plc)
- Uponor Corporation
- Warmup Plc