UK hydronic underfloor heating market is predicted to expand over 9% on account of ongoing government mandates toward Zero Energy Buildings (ZEB)
— Commercial application in Hydronic Underfloor Heating Market is set to surpass USD 3 billion by 2024. Increasing investments toward infrastructural development coupled with building standards and codes toward reduction of carbon emission will foster the hydronic underfloor heating market share. Ongoing expansion of developed nations owing to rising demand for the refurbishment of aged commercial buildings will further stimulate the business outlook.
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Strict government norms relating to decarbonization of infrastructure along with growing adoption of clean energy technology will positively impact the hydronic underfloor heating market share. Reduction in capital cost and technology acceptance across extensive applications will further complement the industry landscape. In November 2016, the European Commission published a new Energy Efficiency Directive which includes a new target of attaining energy efficiency of 30% by 2030.
Growing space heating demand coupled with rising consumer awareness towards the adoption of heating units with low emission will positively influence the U.S. hydronic underfloor heating market growth. Extreme weather conditions with rising energy prices will further propel the product adoption. The California Energy Commission approved the new building energy efficiency standards to cut the regulated energy use in homes by 28% and save consumers’ USD 31 per month compared with the houses constructed under the existing energy code.
Rising awareness towards energy conservation along with standards toward adoption of products with high efficiency will augment the hydronic underfloor heating market share. Increasing energy consumption by commercial sector on account of growing investments toward construction of commercial areas including educational institutes, office, healthcare building and hotels will further influence the business growth. In 2015, the commercial construction in the U.S. was valued at USD 67 billion which increased to USD 74.2 billion in 2016.
UK hydronic underfloor heating market is predicted to expand over 9% on account of ongoing government mandates toward Zero Energy Buildings (ZEB). Measures to cut carbon emissions along with growing demand for energy efficient heating unit systems will further embellish the product penetration. The European Union published the Energy Efficiency Directive to incorporate the framework for encouraging energy efficiency.
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A recently compiled report states that hydronic underfloor heating industry is expected to be valued at over USD 5 billion by 2024. Taking into consideration the notable contributions of key players such as REHAU, Schneider Electric, Mitsubishi Corporation, The Emerson Electric Company, Honeywell International Incorporation, and Robert Bosch GmbH, it is predicted that hydronic underfloor heating market will sketch a lucrative growth graph over the years ahead.
Some Points From Table Of Content: -
Chapter 5 Hydronic Underfloor Heating Market, By Application
5.1 Global hydronic underfloor heating market share by application, 2016 & 2024
5.2.1 Global market from residential, 2013-2024
5.2.2 Global market from residential, by region 2013 – 2024
5.2.3 Single family
188.8.131.52 Global market from single family, by residential,2013-2024
184.108.40.206 Global market from single family, by residential, 2013 – 2024
5.2.4 Multi family
220.127.116.11 Global market from multi family, by residential, 2013-2024
18.104.22.168 Global market from multi family, by residential, 2013 – 2024
5.3.1 Global market from industrial, 2013-2024
5.3.2 Global market from industrial, by region 2013 – 2024
5.4.1 Global market from commercial, 2013-2024
5.4.2 Global market from commercial, by region 2013 – 2024
22.214.171.124 Global market form education, by commercial, 2013-2024
126.96.36.199 Global market form education, by commercial, 2013 – 2024
188.8.131.52 Global market form healthcare, by commercial, 2013-2024
184.108.40.206 Global market from healthcare, by commercial, 2013 – 2024
220.127.116.11 Global market from retail, by commercial, 2013-2024
18.104.22.168 Global market from retail, by commercial, 2013 – 2024
5.4.6 Logistic & Transportation
22.214.171.124 Global market from logistic & transportation, by commercial, 2013-2024
126.96.36.199 Global market from logistic & transportations, by commercial, 2013 – 2024
188.8.131.52 Global market from offices, by commercial, 2013-2024
184.108.40.206 Global market from offices, by commercial, 2013 – 2024
220.127.116.11 Global market from hospitality, by commercial, 2013-2024
18.104.22.168 Global market from hospitality, by commercial, 2013 – 2024
22.214.171.124 Global market from others, by commercial, 2013-2024
126.96.36.199 Global market from others, by commercial, 2013 – 2024
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