The global underfloor heating market is poised to grow at a significant rate during the forecast period owing to rising per capita disposable income which has led to surge in demand for products like underfloor heating. Moreover, the favourable incentives and support from government for adoption of underfloor heating is a major boost for the manufacturers. The increasing demand for cost-effective heating solutions is further expected to drive the global underfloor heating market through 2027. Global underfloor heating market can be segmented based on type, component, installation, application and region. Based on type, the market is segmented into hydronic underfloor heating and electric underfloor heating. In hydronic underfloor heating, the surface is heated through heated water which is forced from a boiler through a link of tubs underneath the floor. While in electric underfloor heating, it requires electricity and lesser number of components than hydronic underfloor heating to heat the floor. Among the two, the electric underfloor heating is anticipated to undergo the fastest growth during the forecast period as it is more cost-effective when compared to hydronic underfloor heating. Based on application, the global underfloor heating market is segmented into commercial, residential, entertainment, industrial and healthcare & education. The residential segment accounted for the largest market share in terms of revenue generation in 2021 and is expected to continue dominance until 2027. The reason for the growth of the segment could be attributed to growing awareness towards the benefits of underfloor heating systems among consumers. Major companies operating in the global underfloor heating market include Siemens AG, Mitsubishi Electric Corporation, Pentair PLC, Honeywell International, Emersion Electric Co., Robert Bosch, Uponor Corporation, Danfos, Schneider Electric SE and Nexans S.A, among others. Leading companies are investing in latest technology to bring more efficient systems. Companies are also undertaking strategies like mergers & acquisitions to increase their global reach. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=4846 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/underfloor-heating-market/4846.html