Underfloor Heating Actuator Market - Global Industry Analysis

Underfloor Heating Actuator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-5928 Status : Upcoming

Description

Global Underfloor Heating Actuator Market: Overview

An underfloor heating (UFH) actuator is a crucial component of underfloor heating systems as they can significantly improve its performance and life span. The actuator functions as a door that opens and closes to let the water flow through each circuit. Primarily used in a room thermostat, this device allows for an automatic shut-off of the system fluid.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Thermostatic actuators are utilized for remotely controlling the heating circuits of an advanced underfloor heating manifold. Installation of a superior quality actuator can ensure that the thermostat, the most crucial component of the underfloor heating solutions, functions in an optimal condition. The global underfloor heating actuators market outlook has been witnessing the launch of next-generation actuators that provide high reliability, sustainable designs, and high protection against dust ingress.

Global Underfloor Heating Actuator Market: Growth Factors

The growth in the demand for electro-hydraulic (EHA) actuators and electro-mechanical (EMA) actuators has been reinforcing the advancement of the global underfloor heating actuator market size. The advantages of these devices include on-demand energy utilization, plug & run feature that reduces installation & commissioning time, and reduction of life cycle costs. The shift toward sustainable heating solutions has brought about the development of actuators that feature minimal carbon footprint.

The global underfloor heating actuator market is set to benefit from the growing number sports halls and industrial halls as these actuators are being deployed in these large-sized facilities for even heating during harsh winters. As the requirement of these actuators for reducing downtime and boosting production across industrial facilities and manufacturing units rises, the market should prosper at a stable pace.

The expansion of the hydraulics industry has been lending a hand to the growth of the global underfloor heating actuators market share. Since every floor heating system necessitates a different setup, several manufacturers are also offering components based on the customer requirements with a view to provide the most suitable manifolds and actuators for the application.

Global Underfloor Heating Actuator Market: Segmentation

The global underfloor heating actuator market can be segregated by product, by application, and by region. On the basis of product, the global underfloor heating actuator market has been bifurcated as motoric and thermal. Based on application, the global underfloor heating actuator market can be differentiated into commercial, residential, and industrial.

The residential sector is likely to account for the maximum share of the global underfloor heating actuators market through the forecast timeframe, owing to the high degree of comfort assured by advanced room controls for UFH systems. The need to comply with government mandates has led to the deployment of energy efficient actuators that can significantly bring down energy costs by reducing energy consumption.

Global Underfloor Heating Actuator Market: Regional Analysis

The UFH actuators market in North America is expected to gain substantially in terms of revenue, owing to the surging demand for these heating solutions from the residential sector. The multiple benefits offered by the contemporary designs of these systems have been gaining popularity due to the renovation and refurbishment activities in the region. The government has also been fostering the demand for energy efficient underfloor heating actuators via tax credit facilities.

The U.S., closely followed by Canada, is expected to accrue a considerable share, boosting the overall global underfloor heating actuators market share. The prominence of the region can be attributed to the increasingly stringent regulatory directives, alongside the growing tendency to spend leniently on home designing and décor.

Asia Pacific market for underfloor heating actuators has been displaying a rising curve in the recent times and is certain to grow at a high CAGR through 2026. The increased focus toward the adoption of eco-friendly heating systems with low carbon footprint has been spurring the growth of the regional market. The global underfloor heating actuators market share from this segment is likely to expand on account of the robust commercialization, high rate of industrialization, and the adoption of latest technologies across the region.

Global Underfloor Heating Actuator Market: Competitive Players

The players dominating the global underfloor heating actuator market are implementing growth strategies such as product development, bringing out newer designs, and reducing overall system expenses. This factor will reinforce the demand for underfloor heating actuators in the forecast timeline.

Uponor Corporation, Honeywell International, Polypipe, Siemens, Oventrop, Warmup, Danfoss, Eberle Controls, Möhlenhoff GmbH, Schluter-Systems Ltd., Heat miser, and Hunt Heating are some of the prominent companies leveraging the expansion of the global underfloor heating actuator market.

Global Underfloor Heating Actuator Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The growth in the demand for electro-hydraulic (EHA) actuators and electro-mechanical (EMA) actuators has been reinforcing the advancement of the global underfloor heating actuator market size. The advantages of these devices include on-demand energy utilization, plug & run feature that reduces installation & commissioning time, and reduction of life cycle costs. The shift toward sustainable heating solutions has brought about the development of actuators that feature minimal carbon footprint.

The UFH actuators market in North America is expected to gain substantially in terms of revenue, owing to the surging demand for these heating solutions from the residential sector. The multiple benefits offered by the contemporary designs of these systems have been gaining popularity due to the renovation and refurbishment activities in the region.

Uponor Corporation, Honeywell International, Polypipe, Siemens, Oventrop, Warmup, Danfoss, Eberle Controls, Möhlenhoff GmbH, Schluter-Systems Ltd., Heat miser, and Hunt Heating are some of the prominent companies leveraging the expansion of the global underfloor heating actuator market.

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