Hydronic Underfloor Heating Market Growth Analysis, Industry Size, Market Opportunities and Future Estimations

What will be the impact of a booming commercial sector on hydronic underfloor heating market size?
Stringent regulations by the government pertaining to decarbonization of infrastructure will boost hydronic underfloor heating market share, with the rapid adoption of clean energy technology in the coming years. There has been a significant reduction in the cost of capital and acceptance of technology in a wide range of applications which will influence the growth of the industry.
The European Commission had published a new Energy Efficiency Directive in 2016 that involves a new target of gaining energy efficiency of 30% by the year 2030. Global hydronic underfloor heating market size is expected to surpass USD 5 billion by 2024. Growth in the awareness among consumers for the adoption of heating units along with the increasing demand for space heating will have a positive impact over the deployment of suitable hydronic underfloor heating solutions.
With the increase in the price of energy and extremely sporadic weather conditions, the industry has experienced a surge in product adoption. The California Energy Commission had reportedly approved the new energy efficiency standards that would help cut the regulated use of energy by 28% in homes and save USD 31 every month for the customers, compared to the houses that were constructed under the already existing code of energy.
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Will increased investments in commercial infrastructure influence hydronic underfloor heating industry outlook?
With the introduction of newer standards regarding product adoption by the government and the surge in the consumer awareness towards energy conservation, hydronic underfloor heating market trends have been steadily escalating. There has been a dramatic rise in the investments into construction activities in the commercial areas that have resulted in an increase in the consumption of energy by businesses.
Hydronic underfloor heating industry size from commercial applications is slated to exceed USD 3 billion by 2024. These areas include office, hotels, educational institution and healthcare buildings that will benefit significantly from the installation of hydronic heating. Commercial construction in the U.S. had reached USD 67 billion in 2015 which later rose to USD 74.2 billion in the year 2016. An alarming rise in the carbon emission has induced the authorities to introduce the building codes and standards which will help drive hydronic underfloor heating market trends.
How will the government regulations impact global hydronic underfloor heating industry trends?
An alarming rise in the carbon emission has induced authorities to introduce building codes and standards which will help drive hydronic underfloor heating industry outlook. Infrastructural development has been receiving a lot of investments in regions like the U.S., U.K. and Germany which has helped build the demand for the products.
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A serious issue of climate change due to the severe rise in the carbon dioxide content in the air has been taken note of by the governments worldwide, leading to the development framework for promoting energy efficiency.
What will be the influence of the U.K. on hydronic underfloor heating market forecast?
Severe measures have been taken in countries like the U.K. to cut down the carbon emissions which, coupled with the rising demand for heating unit systems that are energy efficient, will support product penetration. U.K. hydronic underfloor heating market share has been anticipated to grow by more than 9% between 2017-2024 owing to the current mandates laid down by the government for Zero Energy Buildings (ZEB).
Age-old commercial buildings in the region are looking towards refurbishments to help meet future sustainability requirements. The European Union had published an Energy Efficiency Directive in order to integrate the emission goals of countries and ensure a greener future. Reduction in the use of highly emitting heating methods has led to the continuous deployment of hydronic heating solutions.
Table Of Content
Chapter 1    Methodology & Scope
1.1    Methodology
1.1.1    Initial data exploration
1.1.2    Statistical model and forecast
1.1.3    Industry insights and validation
1.1.4    Market definition and forecast parameters
1.2    Data Sources
1.2.1    Secondary
1.2.2    Primary
Chapter 2    Executive Summary
2.1    Hydronic underfloor heating industry 3600 synopsis, 2013 - 2024
2.1.1    Business trends
2.1.2    Facility trends
2.1.3    Application trends
2.1.4    Regional trends
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