Global Electric Underfloor Heating Mats and Cables Market by Type (Heating Mats, Heating Cable), By Application (Residential Building, Commercial Building) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Electric Underfloor Heating Mats And Cables Market size is projected to grow from USD 4.8 billion in 2021 to USD 8.6 billion by 2028, at an estimated CAGR of 9.7% during the forecast period. The global electric underfloor heating mats and cables market has been segmented on the basis of type, application, and region for a better understanding of the key drivers as well as opportunities in this market space.

Electric underfloor heating mats and cables are designed to provide heat in the room, office, or building. They're made of electric wires that have temperature control devices called thermostats connected to them. The main difference between these is whether they use electrical resistance as a heat source (as with an electric mat) or electromagnetic waves (with an electrical cable). They're typically installed on the floor, but they can also be placed on a ceiling.

On the basis of Type, the global electric underfloor heating mats and cables market is segmented into heating mats and heating cables.

Heating Mats:

Heating mats are made of electric wires that have temperature control devices called thermostats connected to them. The main difference between these is whether they use electrical resistance as a heat source (as with an electric mat) or electromagnetic waves (with an electrical cable). They're typically installed on the floor, but they can also be placed on a ceiling.

Heating Cables:

These are electrical wires that use electromagnetic waves as heat sources. These can be installed on floors, ceilings, or walls and they're typically more expensive than heating mats. They have a higher installation cost because of their need for metal support rods to run along them to allow the wire's expansion without breaking when it gets hot from its electric resistance.

A layer of insulation called ‘jacketing’ is applied on these cables which protect against fire hazards caused by high temperatures. The jacketed cable must also meet emission standards if required by law. The most common heating cables are made of copper, aluminum, and stainless steel. Copper has the highest thermal conductivity among these three metals.

On the basis of Application, the global electric underfloor heating mats and cables market is segmented into residential buildings, commercial buildings.

Residential Buildings:

The use of electric underfloor heating mats and cables in residential buildings is to warm the floor or ground. Electric heat can be used during cold weather for warmth, without having to turn on your central heating system or fireplaces. It helps regulate the temperature in a home with variable air temperatures by using an insulated mat placed underneath vinyl floors that distribute one's weight over its surface evenly which results in a more uniform distribution of heat from below as opposed to just warming up very specific areas. The heated wire coils are then embedded beneath the laminate flooring and powered through a thermostat control panel which heats up when it senses changes in room temperature after pre-programmed settings have been set by the user so they may control how much energy the heating system uses.

Commercial Buildings:

Electric underfloor heating mats and cables are used in commercial buildings for warming up the floors. These products make sure that there is a uniform distribution of heat across all areas. This improves comfort levels as well, so people can walk on surfaces without feeling a cold draft down their backs or suffer from any other discomfort caused by uneven temperature distribution.

On the basis of Region, the global electric underfloor heating mats and cables market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Geographically North American holds the largest share due to the rise in demand for energy-efficient alternatives while the European region has a comparatively lower growth rate.

North American Region – This region has high usage of electricity to provide comfort to its residents because they can afford it compared with other regions. The US occupies nearly two-thirds of the consumption share followed by Canada's one-third share where power rates differ significantly between provinces (the US per kilowatt-hour = $0.12 while Canadian averaged out at $0.43).

Latin America Region – The penetration of electric underfloor heating in this region has been driven by the residential building market, which is increasing demand from countries such as Brazil and Mexico (Mexico: Demand for Electric Underfloor Heating Mats Increase) due to the high use of power compared with other regions.

Europe Region - High usage rates can be attributed to higher income groups where they have better access to electricity than lower-income populations who live in developing economies like India and China.

Asia Pacific Region – This region's markets are more diverse because there are many low-income populations that cannot afford electricity or a home heater so their demand is mainly created through commercial buildings where energy costs are less expensive than those in North America and Europe.

Growth Factors For The Global Electric Underfloor Heating Mats And Cables Market:

- Increasing demand from residential buildings for eco-friendly solutions to keep their living spaces warm during the winter season.

- Growing adoption of renewable energy sources such as solar, wind, biomass, and hydroelectricity in various countries is leading to declining in fossil fuels which will drive up the need for electricity production by these means. Hence, increased use of electrical devices with low-efficiency levels would result in an increase in power consumption thereby necessitating an increase in generation capacity through additional investments. Due to this factor, more people have been installing insulation materials within building envelopes that prevent heat transfer thus reducing the load on HVAC systems further resulting in reduced utility bills and reduced carbon footprints.

-The global electric underfloor heating mats and cables market is witnessing growth owing to the increased adoption of renewable energy sources, which are not only environment-friendly but also have low operational costs. Furthermore, due to the economic slowdown in developing nations such as China and India coupled with increased demand for electrically heated floors from residential buildings, commercial building owners and industrial customers would drive up sales of electric flooring systems. The key trend that would propel this industry forward is increasing the use of green technologies such as solar panels or wind turbines in order to generate electricity without incurring any environmental damage along with reducing dependence on conventional fuels like coal, oil, or natural gas.

Up Market Research published a new report titled “Electric Underfloor Heating Mats and Cables Market research report which is segmented by Types (Heating Mats, Heating Cable), By Applications (Residential Building, Commercial Building), By Players/Companies Danfoss, Nexans, nVent Electric, Raychem, SunTouch, Warmup, ProWarm, Myson, ThermoSoft International Corporation, Flexel International, Zhonghui Floor Heating, Heatcom, Anbang Corporation, Anhui Anze Electric Heating, Wuhu Jiahong New Material, Anhui Huanrui”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Electric Underfloor Heating Mats and Cables Market Report Segments:

The market is segmented by Type Heating Mats, Heating Cable and By Application Residential Building, Commercial Building.

Some of the companies that are profiled in this report are:

1. Danfoss
2. Nexans
3. nVent Electric
4. Raychem
5. SunTouch
6. Warmup
7. ProWarm
8. Myson
9. ThermoSoft International Corporation
10. Flexel International
11. Zhonghui Floor Heating
12. Heatcom
13. Anbang Corporation
14. Anhui Anze Electric Heating
15. Wuhu Jiahong New Material
16. Anhui Huanrui

Electric Underfloor Heating Mats and Cables Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Electric Underfloor Heating Mats and Cables Market

Overview of the regional outlook of the Electric Underfloor Heating Mats and Cables Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Electric Underfloor Heating Mats and Cables Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Electric Underfloor Heating Mats and Cables Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Heating Mats

                2. Heating Cable

                1. Residential Building

                2. Commercial Building

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electric Underfloor Heating Mats and Cables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
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• Understanding Competition Scenario
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Reasons to Purchase the Electric Underfloor Heating Mats and Cables Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.