Demand for underfloor heating forecast to rise
Demand for Underfloor Heating Heats Up
Homeowners are always looking for new ways to add value and function to their property. One growing trend is underfloor heating. According to a Markets and Markets report, the industry is expected to grow globally to $6.6 billion by 2025, representing a CAGR (compound annual growth rate) of 7.3 per cent. Europe is noted as the leading market due to new regulations and initiatives to reduce energy consumption.
The forecast takes into account the growth in the residential and commercial markets. The expansion of the market will be both in new builds and retrofits.
So, why has the demand for underfloor heating become so hot? There are multiple reasons so many building and homeowners are all-in on underfloor heating.
Why Underfloor Heating Is Rising
When homeowners are considering home improvements, much of their focus is on energy efficiency. Underfloor heating provides a low-cost upgrade that can offer significant efficiency benefits. It’s also highly durable and virtually maintenance-free.
Energy Savings
The investment in underfloor heating is easily recouped from your expected energy savings. We have found that an EP Warmfloor can reduce the costs associated with heating your home by 40 to 60 per cent. As the floor warms, there’s less energy waste and running costs as well.
High Durability
Consumers are also warming up to the idea of underfloor heating because it’s extremely durable. Our solution is robust and designed specifically for long-term usage. Because there is even and consistent heating throughout, the system works more effectively. Our mat uses electrically conductive carbon. As the current flows, the mat warms up and self-regulates, allowing each area to have its own thermostat, thus removing the risk of hot spots.
No Maintenance
Additionally, you won’t have to worry about ongoing maintenance. EP Warmfloor is reliable — the most you’ll have to do is a few system checks. Underfloor heating installation is easy and in compliance with any building codes, regulations, and trade practices.
Retrofits Also Growing
The biggest area of growth in the field is new installs, but retrofits are also important to the segment’s progression. Installation is not a barrier, so it’s simple to take advantage of this efficient technology.
Whether you are just starting your small business, or are looking to expand your services or replace your current vendor, EP Warmfloor is here to help. With such buzz in the industry, now is a great time to become an underfloor heating supplier.
Learn more about EP Warmfloor and its many benefits by contacting us today.
