Europe electric underfloor heating market share is anticipated to grow on account of extreme weather conditions across Nordic countries owing to ongoing climate change. The systems have become a necessity rather than a luxury for the households and the commercial establishments. Underfloor heating is a central heating system working on either electricity or hydraulic system and regulates indoor atmosphere by utilizing techniques of convection, conduction and radiation. In addition, advent of new technologies along with ongoing product advancements including temperature regulation and easy installation on walls and ceilings without demanding extra space will encourage the product adoption.
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Europe electric underfloor heating market growth is anticipated to grow on account of key advantages including uniform heating, good aesthetics and health benefits. For instance, around a third of people aged 45 years and over in the UK suffer from arthritis. The heating system helps in comforting patients with joint pain and further prevents circulation of dust particles, thus combatting indoor air pollution. Furthermore, strong industry rivalry toward product differentiation and integration of advanced features will further enhance the business outlook.
The market is set to grow on account of growing demand from existing building establishments pertaining to minimal maintenance requirement and ability to work well under any type of flooring. Tax credits programs to enable reduction in the overall heating load are being adopted by various governments to facilitate financial benefits that are making the product more efficient and practical heating approach in European nations.
Residential underfloor heating market will witness strong growth on account of product flexibility and substantial increase in energy savings. Moreover, functions like helping in puddle or spills to dry quicker, restricting dust circulation indoors and its non-corrosive and flexible heating elements, have made the users accustomed to it. In addition, the products are widely deployed across kitchen and bathrooms spaces that will facilitate the product adoption over the forecast timeframe.
Booming tourism sector growth along with harsh climatic conditions will foster the UK electric underfloor heating market size. The country is significantly investing toward hotels with over 39.3 million international visitors in 2018. Ongoing construction of green buildings coupled with robust deployment across hospitality sector in order to provide luxury and extreme comfort to the customers will favor the industry growth.
Key players functioning across the electric underfloor heating industry include Danfoss, Robert Bosch, Eberle Controls, Warmup, REHAU, Amuheat, Uponor, H2O heating, Mitsubishi Electric Corporation and Hurlcon heating. Recent product innovations including smart control and programming technology with salient feature like intelligent eye to maintain optimal air flow, restricting the huge drop in temperature will accelerate the product adoption.