Hydronic Underfloor Heating Market Size & Share, by Facility (New Buildings, Retrofit); Application {Residential (Single Family, Multi Family), Industrial, Commercial (Education, Healthcare, Retail, Transportation, Offices, Hospitality)} - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5046
  • Published Date: Jun 17, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Hydronic Underfloor Heating Market size is projected to reach USD 9 Billion by the end of 2035, growing at a CAGR of 6% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of hydronic underfloor heating was over USD 4 Billion. The demand for hydronic underfloor heating is attributed to the rising trend of building automation across the globe. By the end of 2023, in the United States region, almost 15% of the building will have building automation systems (BAS) installed.

Hydronic underfloor heating is an advanced system that is considered to be an efficient way of heating the individual’s dwelling place. Generally, hydronic underfloor heating uses radiant heat technology that allows gentle heating of the surroundings, from the ground up while facilitating a much more energy-efficient method. Several advantages of hydronic underfloor heating include increased energy efficiency, low maintenance, freedom of design, and adaptability of floor heaters. All these factors are projected to favor the global industry expansion in the upcoming years.

Hydronic Underfloor Heating Market
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Hydronic Underfloor Heating Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Adoption of HVAC Systems – People nowadays are inclined towards adopting advanced technologies such as HVAC (Heating, Ventilation, and Air-Conditioning) systems to upgrade their living standards. The adoption of HVAC control systems is anticipated to increase the demand for hydronic underfloor heating too. The HVAC industry generated a revenue of ~USD 17 Billion in 2022 and is poised to grow and reach ~USD 30 Billion by 2028.
  • Significant Growth in the Number of Smart Homes and Buildings – Rapid urbanization has led to the development of smart homes and buildings across the globe. These advanced infrastructures require automatic and efficient heating systems such as hydronic underfloor heating for setting the room temperature. It has been found that in 2022, the count of smart homes worldwide was around 308 million and is projected to increase to reach 670 million smart homes throughout the world by 2025.
  • Emergence of Advanced IoT-enabled Heating Systems – The rising integration of the Internet of Things (IoT) and Wi-Fi has enabled hydronic underfloor heating for observing, monitoring, and studying user settings and preferences. This trend is anticipated to favor the growth of the global hydronic underfloor heating market size during the assessment period.


  • High Initial Cost During Installation Process – Hydronic underfloor is built beneath the floor which requires high investments in the installation process. Furthermore, the usage of several pipes to carry the hot water along with the integration of wires and other things increases the overall cost. It is therefore estimated to hamper the growth of the market in the forecast period.
  • Rising Concern Regarding the Complication Structure of the System
  • Easy Availability of Cost-Effective Alternatives

Hydronic Underfloor Heating Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 4 Billion

Forecast Year Market Size (2035)

~ USD 9 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Hydronic Underfloor Heating Segmentation

Facility (New Buildings, Retrofit)

The new buildings segment is anticipated to account for 51% share of the hydronic underfloor heating market in the 2035. The major factor that is anticipated to help segment growth is the lower installation cost in construction as compared to retrofit. Usually, developers use laborers that are present on the site to install the basic elements of hydronic underfloor heating systems beforehand and connect electric systems to avoid hassles after the development of the property.

Application {Residential (Single Family, Multi Family), Industrial, Commercial (Education, Healthcare, Retail, Transportation, Offices, Hospitality)}

The residential segment in the hydronic underfloor heating market is set to garner the highest revenue share of 47% through the forecasted timeframe. The growing awareness level about different automatic heating systems such as hydronic underfloor heating that is used in residential properties among the global population is anticipated to drive segment growth.  In addition to the other aforementioned, rising renovation activities of residents along with the growing popularity of modern design have inspired consumers to adopt hydronic underfloor heating. Moreover, the presence of favorable government regulations and tax credit facilities for the installation of energy-efficient systems is also estimated to drive market growth.

Our in-depth analysis of the global market includes the following segments:


  • New Buildings
  • Retrofit


  • Residential
  • Single Family
  • Multi-Family
  • Industrial
  • Commercial
  • Education
  • Healthcare
  • Retail
  • Transportation
  • Offices
  • Hospitality

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Hydronic Underfloor Heating Industry - Regional Synopsis

North American Market Forecast

The North America hydronic underfloor heating market is projected to be the largest with a share of about 35% by the end of the forecast period, owing to the investments of hefty amounts in the construction of multi-family buildings and commercial units especially in the United States and Canada region. Also, the significant rise in the real estate sector along with the escalation in the construction of new infrastructure is estimated to bring lucrative growth opportunities for market growth during the forecast period.

APAC Market Analysis

The Asia Pacific hydronic underfloor heating sector is set to hold 24% of the market share by the end of the projected timeframe. Asia Pacific is expected to observe a growth outlook in the coming years owing to the burgeoning population in the countries, especially, India and China, and their rising demand for fully efficient homes, and other infrastructure. In addition, the initiatives started by the government policies and regulations to reduce the carbon emission from heating equipment and bring a sustainable way of regulating the temperature of space are projected to create a positive outlook for market growth in the next coming years.

Research Nester
Hydronic Underfloor Heating Market Size
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Companies Dominating the Hydronic Underfloor Heating Landscape

    • Innovex Downhole Solutions, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Honeywell International Inc.
    • Uponor Oyj
    • Amuheat Pty Limited
    • The REHAU Group
    • Mitsubishi Electric Corporation
    • Robert Bosch GmbH
    • Danfoss
    • Daikin Industries, Ltd.
    • Hurlcon Hydronic Heating


In The News

  • nVent Electric plc has announced the introduction of new features which include advanced work packaging and heat mapping capabilities. for nVent RAYCHEM TracerLynx electric heat tracing (EHT) design software. It is also estimated to reduce total installed and power distribution costs.
  • Honeywell International Inc. along with DunAn Environment Co., Ltd. has agreed to facilitate the adoption of the non-flammable, low-GWP refrigerant Solstice N41 for the HVAC industry. Solstice N14 is an effective substitution for R-410A in static air conditioning systems, with global warming mitigation at almost 65%.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5046
  • Published Date: Jun 17, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for advanced home appliances for automatic heating of rooms and spaces along with the rising living standard are considered to be major factors contributing to market size expansion.

The market size of hydronic underfloor heating is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Innovex Downhole Solutions, Inc., Honeywell International Inc., Uponor Oyj, Amuheat Pty Limited, The REHAU Group, Mitsubishi Electric Corporation, Robert Bosch GmbH, Danfoss, Daikin Industries, Ltd., Hurlcon Hydronic Heating, and other key players.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by facility, application, and by region.

The residential segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Rising concerns regarding the requirement of high initial investment along with the easy availability of cost-effective alternatives and the complex design of the heating system are estimated to be the growth-hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Hydronic Underfloor Heating Market Report Scope

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