Residential Underfloor Heating Actuator Market size was over USD 186.93 million in 2024 and is anticipated to cross USD 331.28 million by 2037, witnessing more than 4.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of residential underfloor heating actuator is estimated at USD 193.66 million.
The major factor dominating the growth of the market is the growing importance of green building. The National Library of Medicine has estimated that 40% of energy consumption around the globe comes from buildings. Hence, with the growing construction of green buildings energy consumption could be reduced, thus boosting the demand for residential underfloor heating actuators.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
4.5% |
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Base Year Market Size (2024) |
USD 186.93 million |
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Forecast Year Market Size (2037) |
USD 331.28 million |
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Regional Scope |
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Product (Thermal, Motoric)
Thermal segment is set to account for around 60% residential underfloor heating actuator market share by 2037. This growth of the segment is set to be influenced by growing consumers prioritizing efficient and accurate solutions for heating. Thermal actuators play a prominent role in ensuring responsive and energy-efficient temperature regulation, along with optimizing underfloor heating systems. These actuators increase the capabilities of thermal sensing, reacting to changes in temperature, and boosting overall comfort at home.
Furthermore, as sustainable practices gain importance, the segment is experiencing a surge in demand for thermal products that are associated with energy conservation. Additionally, manufacturers are also producing innovative products and launching cutting-edge thermal actuators. Hence, this factor might drive segment growth, further boosting market demand.
Moreover, the motoric segment is also estimated to experience notable growth in the market over the coming years. This growth in the segment is set to be dominated by rising investment in green buildings construction. Investment needed for constructing green buildings is set to amount to over USD 2 trillion by the next decade in emerging markets. Additionally, motoric actuators are also projected to grow on account of their use in thermally independent actuating devices.
Furthermore, the growing preference for motorized underfloor heating systems is poised to be dominated by their ability to offer higher strokes, higher actuating force, and quiet operation. It is also estimated to be used significantly in building automation applications.
Offering (Hardware, Services)
The services segment in the residential underfloor heating actuator market is projected to generate the highest revenue of USD 6.20 billion by the end of 2037. The major element that is predicted to influence the segment growth is the rising need for professional solutions by customers to meet the efficiency they expect. Moreover, the US Department of Energy predicts that heating the space utilizes more energy and charges more money as compared to any other system specifically constituting about 29% of the utility bill. Hence, the need for comfortable heating solutions is also increasing among customers further boosting the importance of the segment.
Our in-depth analysis of the global market includes the following segments:
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Product |
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Offering |
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European Market Forecast
Europe region in residential underfloor heating actuator market is set to account for around 30% revenue share by 2037. This growth of the market is poised to be encouraged by rising disposable income in this region. For instance, the disposable income grew by about 0.2% during the quarter year 2023 in Europe. As a result, large number of people are estimated to invest on resident renovation projects in this region.
Furthermore, this region is also experiencing growth in its investment in advanced technologies, which is also estimated to influence market demand. Moreover, there have been increasing R&D activities in this region, which have further influenced the market leaders in transforming the component modular structure, thereby easing the customization of products according to the preferences of the customer.
The market in the UK is estimated to observe growth in the Asia Pacific region owing to the growing digital transformation in the region, along with the rise in the standard of living of the people.
The Germany residential underfloor heating actuator market is also set to expand on account of the growing adoption of multifamily units along with demand for luxurious fittings.
The government in France is significantly encouraging awareness regarding the benefits of adopting sustainability. This has further encouraged the growth of the market in France.
APAC Market Analysis
Asia Pacific residential underfloor heating actuators market revenue is estimated to exceed USD 3.30 Billion by the end of 2037. This growth of the market is set to be encouraged by a rising population, which is further estimated to influence the construction of residential buildings. For instance, the United Nations Population Funds predicts that Asia and the Pacific region are estimated to carry 60 percent (or 4.3 billion individuals) of the world’s population living in that region which also includes the most popular and populated nations in the world such as China and India.
Furthermore, the region is experiencing significant cost reductions for the production and installation of underfloor heating actuators, which are further driven by economies of scale and growing competition, hence making these solutions more affordable and accessible. Additionally, a large number of people in this region are shifting to cities, resulting in a higher standard of living of the people in this region.
The China market for residential underfloor heating actuators is also set to experience a surge compared to other nations in this region. This is because the importance of wireless connectivity is growing in heating solutions.
The Japan market for residential underfloor heating actuator is additionally projected to rise in the Asia Pacific region owing to growing investment in construction activities.
Another major country to observe a significant rise in the residential underfloor heating actuator market is Korea. This growth in the country is predicted to be influenced by the growing renovation of residential buildings with underfloor heating actuators.
The residential underfloor heating actuator market includes several major key players. These key players are implementing different strategies such as collaboration, acquisitions, product launches, and more to stand distinguished along with strengthening their market position. Some of the key players include:
·Siemens announced the range of SSA actuators for small valves has been upgraded by Siemens Smart Infrastructure by adding novel features for more energy efficient and versatile hydronic room applications.
·Schneider Electric, and Samridhi Group Pvt. Ltd., announced the signing of a Memorandum of Understanding (MoU) to encourage sustainable and technologically advanced smart home solutions.
Author Credits: Richa Gupta
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