Global Market Size, Forecast, and Trend Highlights Over 2025 - 2037
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.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of residential underfloor heating actuator is estimated at USD 193.66 million.
The 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. The market growth is impelled by growing importance of green building.
Europe industry is likely to account for largest revenue share of 30% by 2037, impelled by growing disposable income in the region.
The major players in the market include Siemens, Schneider Electric, Danfoss, Honeywell International Inc., IMI plc, Sauter AG, Emmeti, REHAU Group, Uponor, Belimo Holding AG
