Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Number of Installations & Cost by Type & Application The global underfloor heating market will witness a robust CAGR of 7.44%, valued at $4.70 billion in 2021, expected to appreciate and reach $8.97 billion by 2030, confirms Strategic Market Research. Key Industry Drivers - A Continuous Rise in Demand for Cost-Effective Heating Solutions, As Well As the Increase in The Need for A Higher Level of Thermal Comfort The overall growth of the global underfloor heating market is augmented by the various government support & incentives for the adoption of various solutions, the continuous rise in demand for cost-effective heating solutions, and the increasing need for a higher level of thermal comfort. According to homebuilding.co.uk, UFH (Underfloor Heating) heats the mass of the floor, and that heat radiates into the room by convection process, but more than 80% of the heat transfer occurs due to radiation. Apart from this, the usage of various underfloor heating techniques and systems like electric radiant heating, in-floor heating systems, water underfloor, heated concrete floor, sun touch heated floor, bathroom underfloor, electric floor heating systems, infrared underfloor, gas underfloor, heat pump underfloor heating, heated laminate flooring, polypipe heating, usage of warmup 6ie system, underfloor heating timber floor, 12v heating, and solar underfloor are augmenting the overall market growth to a great extent. Moreover, the continuously growing environmental concerns, as well as the increasing number of efficiency standards regarding the residential comfort levels of people worldwide, are likely to propel the growth of the market extensively. Restraints - Longer Duration of Time to Heat and Expensiveness Higher costs and taking a longer duration of time to heat are the two most notable factors that are obstructing the overall growth of this market. According to Forbes, the average cost of UFH is nearly USD 28,000, the highest price is approximately around USD 35,000, and the lowest price is up to USD 20,000. Opportunities - Growth in Demand for Digitization Because of Immense Technological Advancements Worldwide The rising demand for digitalization due to rapid technological advancements, such as the manufacturing of smart meters, home automation systems, demand-based heating solutions, smart infrastructure, smart buildings, etc., is expected to cater to ample opportunities for the market for its prosperity in the future. Market Analysis of Different Segments Covered in the Report Based on Offering: Service Hardware Based on Product Type Hydronic Underfloor Heating Heating Pipes Thermal Actuators Thermostats and Sensors Wiring Centers Zone Valves Manifolds and Valves Electric Underfloor Heating Heating Mats Heating Cables Thermostats and Sensors Based on Installation Type: Retrofit Installation New Installation Based on Applications: Residential Industrial Healthcare Commercial Sports & Entertainment Others Based on Region North America US Canada Mexico Rest of North America Europe France U.K Netherlands Switzerland Germany Finland Belgium Russia Italy Spain Turkey Rest of Europe Asia Pacific China Japan India South Korea Malaysia Australia Singapore Thailand Indonesia Philippines Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Segments Analysis & Insights Based on Offering, the “Hardware” segment dominated the market with the highest share in 2020. This is owing to the rising adoption of hardware usage in the underfloor heating systems for new building projects. The hardware component includes heating cables, heating pipes, sensors, distribution units, and controlled interfaces. Based on Product Type, the “Hydronic Underfloor Heating” segment held the largest share of around 70.23% of the entire market in 2020. Hydronic underfloor heating systems are regarded as an energy-efficient and sustainable solution for heating a large area. They are suitable for applications in several floor surfaces such as stone, slate, marble, timber, carpet, and all varieties of tiles which in turn is augmenting the overall growth of this segment. Based on Installation Type, the “New Installation” segment dominated the market in terms of revenue in 2020. Several government initiatives for investing in the development of smart cities with green buildings over a huge number of developed countries have highly increased the demand for new installations of underfloor heating across the globe which in turn is driving the growth of this segment extensively. Based on Application, the “Residential” segment held the largest share of the market of approximately 60.21% in 2020 and will continue to dominate throughout the forecasted period of 2020-2030. The rise of awareness regarding the benefits of underfloor heating systems that are used in residential properties, the higher growth rate of the underfloor heating market for various residential applications due to the continuously growing home renovation activities by the residents in many developed nations across the world are augmenting the overall growth of this segment. Based on Region, “Europe” comprehensively dominated the market in 2020 in terms of market share along with the fastest CAGR of 7.62%. The rising prevalence of people’s awareness regarding the prospects of the various underfloor heating systems in the construction sector, especially in the cold Europeancountriesis fuelling the overall growth of the market in this region. Global Underfloor Heating Market Competitive Landscape Analysis A 360-degree competitive landscape analysis is essential to identify the major competitors that are existing in the global market environment. The comparison is performed based on market potential, company overview, the total revenue generated, market initiatives, global presence, production capacities, investments in the field of Research &Development, company financials, production sites and facilities, company strengths and flaws, etc. Resideo Technologies Inc. Uponor Danfoss Daikin nVent Electric Rehau Emerson WARMUP INC Robert Bosch Mitsubishi Electric Siemens Thermosoft International Honeywell Underfloor Heating Market Report Coverage Report Attribute Details Forecast Period 2021 - 2030 Market size value in 2021 USD 4.70 Billion Revenue forecast in 2030 USD 8.97 Billion Growth rate CAGR of approximately 7.44% Base year for estimation 2021 Historical data 2017 – 2020 Unit USD Billion, CAGR (2021 - 2030) Segmentation By Offering, By Product Type, By Installation Type, By Applications, By Region. By Offering Service, Hardware By Product Type Hydronic Underfloor Heating(Heating Pipes, Thermal Actuators, Thermostats and Sensors, Wiring Centers, Zone Valves, Manifolds and Valves) Electric Underfloor Heating (Heating Mats, Heating Cables, Thermostats and Sensors) By Installation Type Retrofit Installation, New Installation. By Applications Residential, Industrial, Healthcare, Commercial, Sports & Entertainment, Others By Region North America, Europe, Asia Pacific, LAMEA. Country Scope United States of America, United Kingdom, Italy, Germany, France, Spain, Canada, China, India, Japan, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, etc. Company Usability Profiles Resideo Technologies Inc. , Uponor, Danfoss, Daikin, nVent Electric, Rehau, Emerson, WARMUP INC, Robert Bosch, Mitsubishi Electric, Siemens, Thermosoft International, Honeywell. Recent Developments On Mar 2021, WARMUP INC’s newly launched Ultralight Insulation Boards offered a 3-in-1 facility, i.e. (Insulating, Heat Spreading, and Decoupling). Ultralight insulation boards were the first insulation boards specially designed for usage in electric underfloor heating. The (2’x4’) boards paired up with the WARMUPDCM-PRO Membrane floor heating system resulted in a savings rate of about USD 1, per square foot, per year. On Mar 2021, nVent introduced Smart Device Connectivity to Underfloor Heating via a Voice Control Update for facilitating the efficiency of nVent RAYCHEM SENZ WIFI Thermostat.It would enable the homeowners to control their floor heating adequately using voice commands via a home hub device or a smartphone app. On Nov 2021,Daikin launched the Daikin Altherma 3 H MT, a mid-temperature hydrosplit heat pump providing a brand-new solution for the replacement of polluting boilers in recently built houses. It could be a perfect fit for the underfloor heating process required at lower temperatures if the plan is to install it during the renovation process itself. Frequently Asked Question About This Report How big is this underfloor heating market size? The global underfloor heating market size was $4.70 Bn in 2021 and is predicted to reach $8.97 Bn by 2030, representing a CAGR of 7.44%. What is the underfloor heating market growth? The global underfloor heating market is expected to grow at a compound annual growth rate (CAGR) of 7.44% from 2021 to 2030 to reach USD 8.97 Billion by 2030. What are some of the essential factors driving the overall growth of the market? Some of the pivotal drivers of the market are the various government support and incentives for the adoption of underfloor heating solutions, the continuous rise in demand for cost-effective heating solutions, the increasing need for a higher level of thermal comfort, the continuously growing environmental concerns and the increasing number of efficiency standards regarding the residential comfort levels of people worldwide. Who are leading players in the market? The leading industry players of the market are Resideo Technologies Inc, Uponor, Danfoss, Daikin, nVent Electric, Rehau, Emerson, WARMUP INC, Robert Bosch, Mitsubishi Electric, Siemens, Thermosoft International, and Honeywell. Which is the most dominant Product Type of the market? Based on Product Type, the Hydronic segment held the largest share of around 70.23% of the entire market in 2020. Which geographical region holds the largest share of the market? Based on Region, Europe comprehensively dominated the market in 2020 in terms of market share along with the fastest CAGR of 7.44%. Sources https://www.subsurfaceheating.com/is-underfloor-heating-enough-to-heat-a-room https://www.forbes.com/home-improvement/flooring/radiant-heating-floor-cost/ 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Global Underfloor Heating Market 4.2.1 Global market, 2020 – 2028 (USD Million) 4.3 Regional Business Analysis 4.3.1 Global market, by region, 2021 - 2030 (USD Million) 4.4 By Product Business Analysis 4.4.1 Global market, By Product, 2021 - 2030 (USD Million) 4.5 By Offering Business Analysis 4.5.1 Global market, By Offering, 2021 - 2030 (USD Million) 4.6 Application Business Analysis 4.6.1 Global market, By Application, 2021 - 2030 (USD Million) 4.6 Installation Type Business Analysis 4.6.1 Global market, By Installation Type, 2021 - 2030 (USD Million) 4.7 Value Chain Analysis 4.8 Market Variable Analysis 4.8.1 Market Drivers Analysis 4.8.2 Market Restraints Analysis 4.9 Business Environment Analysis Tool 4.9.1 market PEST analysis 4.9.2 market Porter’s analysis 4.10 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Installation Type Analysis 5.11.1. Trends in Installation Type (2014-2020) 5.11.2. Trends in Installation Type (2021-2028) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By region, By Countries) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Product Product 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Global Market: By Product Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Hydronic 7.3.1. Hydronic market, 2021 - 2030 (USD Million) 7.3.1.1 Heating Pipes market, 2021 - 2030 (USD Million) 7.3.1.2 Thermal Actuators market, 2021 - 2030 (USD Million) 7.3.1.3 Thermostats and Sensors market, 2021 - 2030 (USD Million) 7.3.1.4 Wiring Centers market, 2021 - 2030 (USD Million) 7.3.1.5 Zone Valves market, 2021 - 2030 (USD Million) 7.3.1.6 Manifolds market, 2021 - 2030 (USD Million) 7.3.1.7 Valves market, 2021 - 2030 (USD Million) 7.4. Electric 7.4.1. Electric market, 2021 - 2030 (USD Million) 7.4.1.1 Heating Mats market, 2021 - 2030 (USD Million) 7.4.1.2 Heating Cables market, 2021 - 2030 (USD Million) 7.4.1.3 Thermostats and Sensors market, 2021 - 2030 (USD Million) 8. Global Market: By Offering Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Service 8.3.1. Service market, 2021 - 2030 (USD Million) 8.4. Hardware 8.4.1. Hardware market, 2021 - 2030 (USD Million) 9. Global Market: By Application Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Residential 9.3.1. Residential market, 2021 - 2030 (USD Million) 9.4. Industrial 9.4.1. Industrial market, 2021 - 2030 (USD Million) 9.5. Healthcare 9.5.1. Healthcare market, 2021 - 2030 (USD Million) 9.6. Commercial 9.6.1. Commercial market, 2021 - 2030 (USD Million) 9.7. Sports & Entertainment 9.7.1. Sports & Entertainment market, 2021 - 2030 (USD Million) 9.8. Others 9.8.1. Others market, 2021 - 2030 (USD Million) 10. Global Market: By Installation Type Segment Analysis 10.1. Introduction 10.2. Sales Volume & Revenue Analysis (2021-2030) 10.3. Retrofit Installation 10.3.1. Retrofit Installation market, 2021 - 2030 (USD Million) 10.4. New Installation 10.4.1. New Installation market, 2021 - 2030 (USD Million) 11. Global Market: Regional Outlook 11.1 North America 11.1.1. North America market, by By Product, 2021 - 2030 (USD Million) 11.1.2. North America market, by By Offering, 2021 - 2030 (USD Million) 11.1.3. North America market, by Installation Type, 2021 - 2030 (USD Million) 11.1.4. North America market, by Country, 2021 - 2030 (USD Million) 11.1.4.1. U.S. 11.1.4.1.1. U.S. market, by By Product, 2021 - 2030 (USD Million) 11.1.4.1.2. U.S. market, by By Offering, 2021 - 2030 (USD Million) 11.1.4.1.3. U.S. market, by Installation Type, 2021 - 2030 (USD Million) 11.1.4.2. Canada 11.1.4.2.1. Canada market, by By Product, 2021 - 2030 (USD Million) 11.1.4.2.2. Canada market, by By Offering, 2021 - 2030 (USD Million) 11.1.4.2.3. Canada market, by Installation Type, 2021 - 2030 (USD Million) 11.2. Europe 11.2.1. Europe market, by By Product, 2021 - 2030 (USD Million) 11.2.2. Europe market, by By Offering, 2021 - 2030 (USD Million) 11.2.3. Europe market, by Installation Type, 2021 - 2030 (USD Million) 11.2.4. Europe market, by country, 2021 - 2030 (USD Million) 11.2.4.1 U.K. 11.2.4.1.1. U.K. market, by By Product, 2021 - 2030 (USD Million) 11.2.4.1.2. U.K. market, by By Offering, 2021 - 2030 (USD Million) 11.2.4.1.3. U.K. market, by Installation Type, 2021 - 2030 (USD Million) 11.2.4.2. Germany 11.2.4.2.1. Germany market, by By Product, 2021 - 2030 (USD Million) 11.2.4.2.2. Germany market, by By Offering, 2021 - 2030 (USD Million) 11.2.4.2.3. Germany market, by Installation Type, 2021 - 2030 (USD Million) 11.2.4.3. France 11.2.4.3.1. France market, by By Product, 2021 - 2030 (USD Million) 11.2.4.3.2. France market, by By Offering, 2021 - 2030 (USD Million) 11.2.4.3.3. France market, by Installation Type, 2021 - 2030 (USD Million) 11.2.4.4. Rest of Europe 11.2.4.4.1. Rest of Europe market, by By Product, 2021 - 2030 (USD Million) 11.2.4.4.2. Rest of Europe market, by By Offering, 2021 - 2030 (USD Million) 11.2.4.4.3. Rest of Europe market, by Installation Type, 2021 - 2030 (USD Million) 11.3. Asia Pacific 11.3.1. Asia Pacific market, by By Product, 2021 - 2030 (USD Million) 11.3.2. Asia Pacific market, by By Offering, 2021 - 2030 (USD Million) 11.3.3. Asia Pacific market, by Installation Type, 2021 - 2030 (USD Million) 11.3.4. Asia Pacific market, by country, 2021 - 2030 (USD Million) 11.3.4.1. China 11.3.4.1.1. China market, by By Product, 2021 - 2030 (USD Million) 11.3.4.1.2. China market, by By Offering, 2021 - 2030 (USD Million) 11.3.4.1.3. China market, by Installation Type, 2021 - 2030 (USD Million) 11.3.4.2. India 11.3.4.2.1. India market, by By Product, 2021 - 2030 (USD Million) 11.3.4.2.2. India market, by By Offering, 2021 - 2030 (USD Million) 11.3.4.2.3. India market, by Installation Type, 2021 - 2030 (USD Million) 11.3.4.3. Japan 11.3.4.3.1. Japan market, by By Product, 2021 - 2030 (USD Million) 11.3.4.3.2. Japan market, by By Offering, 2021 - 2030 (USD Million) 11.3.4.3.3. Japan market, by Installation Type, 2021 - 2030 (USD Million) 11.3.4.4. South Korea 11.3.4.4.1. South Korea market, by By Product, 2021 - 2030 (USD Million) 11.3.4.4.2. South Korea market, by By Offering, 2021 - 2030 (USD Million) 11.3.4.4.3. South Korea market, by Installation Type, 2021 - 2030 (USD Million) 11.3.4.5. Rest of ASIA PACIFIC 11.3.4.5.1. Rest of ASIA PACIFIC market, by By Product, 2021 - 2030 (USD Million) 11.3.4.5.2. Rest of ASIA PACIFIC market, by By Offering, 2021 - 2030 (USD Million) 11.3.4.5.3. Rest of ASIA PACIFIC market, by Installation Type, 2021 - 2030 (USD Million) 11.4. Latin America 11.4.1. Latin America market, by By Product, 2021 - 2030 (USD Million) 11.4.2. Latin America market, by By Offering, 2021 - 2030 (USD Million) 11.4.3. Latin America market, by Installation Type, 2021 - 2030 (USD Million) 11.4.4. Latin America market, by country, 2021 - 2030 (USD Million) 11.4.4.1. Brazil 11.4.4.1.1. Brazil market, by By Product, 2021 - 2030 (USD Million) 11.4.4.1.2. Brazil market, by By Offering, 2021 - 2030 (USD Million) 11.4.4.1.3. Brazil market, by Installation Type, 2021 - 2030 (USD Million) 11.4.4.2. Mexico 11.4.4.2.1. Mexico market, by By Product, 2021 - 2030 (USD Million) 11.4.4.2.2. Mexico market, by By Offering, 2021 - 2030 (USD Million) 11.4.4.2.3. Mexico market, by Installation Type, 2021 - 2030 (USD Million) 11.4.4.3. Rest of the Latin America 11.4.4.3.1. Rest of the Latin America market, by By Product, 2021 - 2030 (USD Million) 11.4.4.3.2. Rest of the Latin America market, by By Offering, 2021 - 2030 (USD Million) 11.4.4.3.3. Rest of the Latin America market, by Installation Type, 2021 - 2030 (USD Million) 11.5. MEA 11.5.1. MEA market, by By Product, 2021 - 2030 (USD Million) 11.5.2. MEA market, by By Offering, 2021 - 2030 (USD Million) 11.5.3. MEA market, by Installation Type, 2021 - 2030 (USD Million) 11.5.4. MEA market, by Region, 2021 - 2030 (USD Million) 12. Competitive Landscape 12.1 Uponor 12.1.1. Company overview 12.1.2. Financial performance 12.1.3. Product Portfolio Analysis 12.1.4. Business Strategy & Recent Development 12.2. Danfoss 12.2.1. Company overview 12.2.2. Financial performance 12.2.3. Product Portfolio Analysis 12.2.4. Business Strategy & Recent Development 12.3. Daikin 12.3.1. Company overview 12.3.2. Financial performance 12.3.3. Product Portfolio Analysis 12.3.4. Business Strategy & Recent Development 12.4. Resideo Technologies Inc 12.4.1. Company overview 12.4.2. Financial performance 12.4.3. Product Portfolio Analysis 12.4.4. Business Strategy & Recent Development 12.5. Rehau 12.5.1. Company overview 12.5.2. Financial performance 12.5.3. Product Portfolio Analysis 12.5.4. Business Strategy & Recent Development 12.6. Emerson 12.6.1. Company overview 12.6.2. Financial performance 12.6.3. Product Portfolio Analysis 12.6.4. Business Strategy & Recent Development 12.7. WARMUP INC 12.7.1. Company overview 12.7.2. Financial performance 12.7.3. Product Portfolio Analysis 12.7.4. Business Strategy & Recent Development 12.8. Robert Bosch 12.8.1. Company overview 12.8.2. Financial performance 12.8.3. Product Portfolio Analysis 12.8.4. Business Strategy & Recent Development 12.9. nVent Electric 12.9.1. Company overview 12.9.2. Financial performance 12.9.3. Product Portfolio Analysis 12.9.4. Business Strategy & Recent Development 12.10. Siemens 12.10.1. Company overview 12.10.2. Financial performance 12.10.3. Product Portfolio Analysis 12.10.4. Business Strategy & Recent Development 12.11. Thermosoft International 12.11.1. Company overview 12.11.2. Financial performance 12.11.3. Product Portfolio Analysis 12.11.4. Business Strategy & Recent Development 12.12. Mitsubishi Electric 12.12.1. Company overview 12.12.2. Financial performance 12.12.3. Product Portfolio Analysis 12.12.4. Business Strategy & Recent Development 12.13. Honeywell 12.13.1. Company overview 12.13.2. Financial performance 12.13.3. Product Portfolio Analysis 12.13.4. Business Strategy & Recent Development List of Tables (61 Tables) TABLE 1. MARKET, By Product, 2021-2030 (USD Million) TABLE 2. MARKET FOR Hydronic , BY REGION, 2021-2030 (USD Million) TABLE 3. MARKET FOR Electric , BY REGION, 2021-2030 (USD Million) TABLE 4. MARKET, By Offering, 2021-2030 (USD Million) TABLE 5. MARKET FOR Service, BY REGION, 2021-2030 (USD Million) TABLE 6. MARKET FOR Hardware, BY REGION, 2021-2030 (USD Million) TABLE 7. MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million) TABLE 8. MARKET FOR Retrofit Installation, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET FOR New Installation, BY REGION, 2021-2030 (USD Million) TABLE 10. MARKET, BY Application, 2021-2030 (USD Million) TABLE 11. MARKET FOR Residential, BY REGION, 2021-2030 (USD Million) TABLE 12. MARKET FOR Industrial, BY REGION, 2021-2030 (USD Million) TABLE 13. MARKET FOR Healthcare, BY REGION, 2021-2030 (USD Million) TABLE 14. MARKET FOR Commercial, BY REGION, 2021-2030 (USD Million) TABLE 15. MARKET FOR Sports & Entertainment, BY REGION, 2021-2030 (USD Million) TABLE 16. MARKET FOR Others, BY REGION, 2021-2030 (USD Million) TABLE 17. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 18. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 19. NORTH AMERICA MARKET, By Product, 2021-2030 (USD Million) TABLE 20. NORTH AMERICA MARKET, By Offering, 2021-2030 (USD Million) TABLE 21. NORTH AMERICA MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million) TABLE 22. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 23. EUROPE MARKET, By Product, 2021-2030 (USD Million) TABLE 24. EUROPE MARKET, By Offering, 2021-2030 (USD Million) TABLE 25. EUROPE MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million) TABLE 26. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 27. ASIA-PACIFIC MARKET, By Product, 2021-2030 (USD Million) TABLE 28. ASIA-PACIFIC MARKET, By Offering, 2021-2030 (USD Million) TABLE 29. ASIA-PACIFIC MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million) TABLE 30. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 31. LAMEA MARKET, By Product, 2021-2030 (USD Million) TABLE 32. LAMEA MARKET, By Application, 2021-2030 (USD Million) TABLE 33. LAMEA MARKET, BY INSTALLATION TYPE, 2021-2030 (USD Million) TABLE 34. Corporation: COMPANY SNAPSHOT TABLE 35. Corporation: OPERATING SEGMENTS TABLE 36. Uponor: COMPANY SNAPSHOT TABLE 37. Uponor: OPERATING SEGMENTS TABLE 38. Danfoss: COMPANY SNAPSHOT TABLE 39. Danfoss: OPERATING SEGMENTS TABLE 40. Daikin: COMPANY SNAPSHOT TABLE 41. Daikin: OPERATING SEGMENTS TABLE 42. Resideo Technologies Inc: COMPANY SNAPSHOT TABLE 43. Resideo Technologies Inc: OPERATING SEGMENTS TABLE 44. Rehau: COMPANY SNAPSHOT TABLE 45. Rehau: OPERATING SEGMENTS TABLE 46. Emerson: COMPANY SNAPSHOT TABLE 47. Emerson: OPERATING SEGMENTS TABLE 48. WARMUP INC: COMPANY SNAPSHOT TABLE 49. WARMUP INC: OPERATING SEGMENTS TABLE 50. Robert Bosch: COMPANY SNAPSHOT TABLE 51. Robert Bosch: OPERATING SEGMENTS TABLE 52. nVent Electric: COMPANY SNAPSHOT TABLE 53. nVent Electric: OPERATING SEGMENTS TABLE 54. Siemens: COMPANY SNAPSHOT TABLE 55. Siemens: OPERATING SEGMENTS TABLE 56. Thermosoft International: COMPANY SNAPSHOT TABLE 57. Thermosoft International: OPERATING SEGMENTS TABLE 58. Mitsubishi Electric: COMPANY SNAPSHOT TABLE 59. Mitsubishi Electric: OPERATING SEGMENTS TABLE 60. Honeywell: COMPANY SNAPSHOT TABLE 61. Honeywell: OPERATING SEGMENTS List of Figures (24 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Product-Based Estimation Figure 6 Top 13 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2020 Figure 8 Import Data for , By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for , By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Offering, 2019 vs. 2025 (USD Million) Figure 12 Market Share, By Installation Type, 2019 vs. 2025 (USD Million) Figure 13 Market Share, By Product, 2019 vs. 2025 (USD Million) Figure 14 Market Share, By Application, 2019 vs. 2025 (USD Million) Figure 15 Geographical Snapshot of the Market Figure 16 Hydronic to Witness Higher CAGR in the Market for Product Segment during Forecast Period. Figure 17 New Installation to Witness Higher CAGR in the Market for Installation Type Segment during Forecast Period. Figure 18 Hardware to Witness Higher CAGR in the Market for Offering Segment during Forecast Period. Figure 19 Residential to Witness Higher CAGR in the Market for Application Segment during Forecast Period. Figure 20 Europe Accounted for the Largest Share of the Market, By Regional Basis, in 2019 Figure 21 Market: Drivers, Restraints, Opportunities, and Challenges Figure 22 Europe: Market Snapshot Figure 23 Asia Pacific: Market Snapshot Figure 24 Vendor Dive: Evaluation Overview