Underfloor Heating Market Size, Share | Industry Report, 2029
Underfloor Heating Market was valued at USD 4.5 billion in 2021 and is projected to rise at a single digit CAGR of 7.1% over the forecast period, reaching USD 7.8 billion in 2029 The factors driving growth of Underfloor Heating Market includes increasing number of green building projects, retrofitting of residential & small commercial spaces such as offices, retail stores and institutions, expansion of the real-estate industry, Government initiatives to reduce greenhouse emissions and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufacturers, increasing deployment of underfloor heating systems in kitchen and bathroom spaces, shift towards clean heating technology, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Underfloor Heating Market share . In addition, the increasing investments by major corporations on research and developments, strategic partnerships ...