According to the research report “Global Underfloor Heating (UFH) Market Outlook, 2030” published by Bonafide Research, the global market is projected to reach market size of USD 7.95 Billion by 2030 increasing from USD 5.36 in 2024, growing with 6.94% CAGR by 2025-30.

Top Six Companies Global Underfloor Heating (UFH) Market  

Resideo Technologies, Inc: Resideo Technologies, Inc. is an American multinational company that was formed in 2018 out of a spin-off from Honeywell. It provides room air temperature, quality, and humidity control and security systems primarily in residential dwellings in the U.S. and internationally. The company operates in two segments: products and distribution. It manufactures and distributes smart-home and software products, including temperature and lighting control, security, and water and air monitoring. The company also distributes security, fire and low-voltage products. The company sells its products and services through a network of professional contractors, distributors, and original equipment manufacturers, as well as retail and online merchants. 

• Established: 2018

• Headquarters: Arizona, United States

• Employees: 14,000

• Revenue: USD 6,242 Million

Siemens AG: Siemens AG (Siemens) is a technology company. Its operations span electrification, automation, and digitalization fields. The company designs, develop, and manufactures products, and installs complex systems and projects. The company also provides a wide range of customized solutions for individual requirements. Siemens focuses on power generation and distribution, and intelligent infrastructure for buildings and distributed energy systems. It provides smart mobility solutions for rail and road transport, medical technology, and digital healthcare services. Siemens has research and development facilities, production plants, warehouses, and sales offices across the world. It serves customers in various industries, such as energy, healthcare, infrastructure, process and manufacturing, and others. 

• Established: 1847

• Headquarters: Munich, Germany

• Employees: 327,000

• Revenue: USD 17,073 Million

Mitsubishi Electric Corporation: Mitsubishi Electric Corp (Mitsubishi Electric) develops, manufactures, and markets electrical and electronic products. The company's product portfolio comprises air conditioning systems, air purifiers, dehumidifiers, vacuum cleaners, factory automation systems, inverters, industrial robots, processing machines, automotive equipment, building systems, energy systems, visual information systems, transportation systems, semiconductors and devices, information and communication systems, space systems and public systems. It also offers maintenance services, IT infrastructure services and network services. Mitsubishi Electric serves residential, commercial, industrial, automotive, and public sectors. 

• Established: 1921

• Headquarters: Tokyo, Japan

• Employees: 149,134

• Revenue: USD 34,170 Million

Emerson Electric Co: Emerson Electric Co (Emerson) provides innovative solutions for customers in commercial, industrial and residential markets. The company offers products including measurement and analytical instrumentation, industrial valves, equipment, process control software and systems, fluid control, pneumatic mechanisms, electrical distribution equipment, and pneumatic products, among others. It also provides various services such as modernization and migration services, process automation services, smart wireless services, consulting services, training and after-project support services. The company markets its products under the brands Emerson, Grind2Energy, InSinkErator, Badger, ProTeam, and RIDGID.  

• Established: 1890

• Headquarters: Missouri, United States

• Employees: 73,000

• Revenue: USD 17,492 Million

nVent Electric plc: nVent Electric Plc (nVent) designs and manufactures electrical connection and protection products. The company provides enclosures, thermal management, and electrical and fastening solutions. Its enclosures services provide solutions to protect heat in electronics, communication, control, and power equipment. nVent's thermal management provides electric thermal solutions that connect critical buildings, infrastructure, and industrial processes. The company's electrical and fastening solutions consist of fastening solutions to connect and protect electrical and mechanical systems, and civil structures. It sells its products under the brand names CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. The company serves the energy, industrial, infrastructure, and commercial and residential sectors. 

• Established: 1903

• Headquarters: London, United Kingdom 

• Employees: 11,300

• Revenue: USD 3,263 Million

Schneider Electric SE: Schneider Electric SE (Schneider Electric), formerly Schneider Electric SA, is an energy management and automation company. The company develops related technologies and solutions for electricity distribution. Its major products include automation and control products; low voltage products and systems; solar and energy storage; medium voltage distribution and grid automation; and critical power, cooling, and racks. The company also offers energy and sustainability services, field and automation, cloud, consulting and training services. The company serves various industries, including banking and finance, food and beverage, healthcare, life sciences, marine, metals, minerals and cement, mining, oil and gas, retail, and automotive and mobility, among others.

• Established: 1836

• Headquarters: Rueil-Malmaison, France 

• Employees: 150,000

• Revenue: USD 37,313 Million