Product Code: ETC428241 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The underfloor heating market in Thailand has been on the rise, reflecting the country`s increasing focus on energy efficiency and comfort in construction and housing. Underfloor heating systems provide an efficient and even distribution of heat, which is particularly desirable in Thailand tropical climate, where temperature control is essential. The market is driven by both residential and commercial applications, with hotels, shopping malls, and office buildings adopting these systems. Additionally, government initiatives promoting sustainable and energy-efficient building practices have encouraged the adoption of underfloor heating. The market is expected to continue growing as more construction projects prioritize modern heating solutions.
The underfloor heating market in Thailand is experiencing growth due to several key drivers. Firstly, the increasing awareness of energy-efficient heating solutions has driven demand for underfloor heating systems, which are known for their efficiency and comfort. Secondly, the construction industry`s focus on modern and eco-friendly building solutions has led to the integration of underfloor heating in new projects. Additionally, the tourism sector`s growth has increased the demand for luxury accommodations, where underfloor heating is often considered a premium feature. Advances in underfloor heating technology and controls have also played a role in market expansion.
The underfloor heating market in Thailand confronts distinctive challenges. High upfront installation costs deter some consumers, requiring manufacturers to educate the market on long-term energy savings. Compatibility with existing building structures can be challenging, limiting retrofit opportunities. Variability in climate across Thailand necessitates product customization for different regions. Moreover, energy efficiency standards and regulations evolve, impacting product development and compliance.
The Thailand underfloor heating market faced challenges as construction and real estate projects were affected. Reduced demand for new buildings impacted the installation of underfloor heating systems. Recovery was linked to the construction sector`s revival.
In the Thailand underfloor heating market, leading players such as ThaiHeat Solutions, Bangkok Heating Systems, and Siam Radiant Heating are known for their expertise in providing energy-efficient and comfortable heating solutions. Their advanced technology and commitment to sustainability have made them trusted names in the industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Underfloor Heating Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Underfloor Heating Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Underfloor Heating Market - Industry Life Cycle |
3.4 Thailand Underfloor Heating Market - Porter's Five Forces |
3.5 Thailand Underfloor Heating Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Thailand Underfloor Heating Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Thailand Underfloor Heating Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
3.8 Thailand Underfloor Heating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Underfloor Heating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Underfloor Heating Market Trends |
6 Thailand Underfloor Heating Market, By Types |
6.1 Thailand Underfloor Heating Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Thailand Underfloor Heating Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 Thailand Underfloor Heating Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Thailand Underfloor Heating Market Revenues & Volume, By Service, 2021-2031F |
6.2 Thailand Underfloor Heating Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Underfloor Heating Market Revenues & Volume, By Hydronic Underfloor Heating, 2021-2031F |
6.2.3 Thailand Underfloor Heating Market Revenues & Volume, By Heating Pipes, 2021-2031F |
6.2.4 Thailand Underfloor Heating Market Revenues & Volume, By Thermostats and Sensors, 2021-2031F |
6.2.5 Thailand Underfloor Heating Market Revenues & Volume, By Thermal Actuators, 2021-2031F |
6.2.6 Thailand Underfloor Heating Market Revenues & Volume, By Zone Valves, 2021-2031F |
6.2.7 Thailand Underfloor Heating Market Revenues & Volume, By Wiring Centers, 2021-2031F |
6.2.8 Thailand Underfloor Heating Market Revenues & Volume, By Electric Underfloor Heating, 2021-2031F |
6.2.9 Thailand Underfloor Heating Market Revenues & Volume, By Electric Underfloor Heating, 2021-2031F |
6.3 Thailand Underfloor Heating Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Underfloor Heating Market Revenues & Volume, By New Installation, 2021-2031F |
6.3.3 Thailand Underfloor Heating Market Revenues & Volume, By Retrofit Installation, 2021-2031F |
6.4 Thailand Underfloor Heating Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Underfloor Heating Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Thailand Underfloor Heating Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Thailand Underfloor Heating Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.5 Thailand Underfloor Heating Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Thailand Underfloor Heating Market Revenues & Volume, By Sports & Entertainment, 2021-2031F |
6.4.7 Thailand Underfloor Heating Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Underfloor Heating Market Import-Export Trade Statistics |
7.1 Thailand Underfloor Heating Market Export to Major Countries |
7.2 Thailand Underfloor Heating Market Imports from Major Countries |
8 Thailand Underfloor Heating Market Key Performance Indicators |
9 Thailand Underfloor Heating Market - Opportunity Assessment |
9.1 Thailand Underfloor Heating Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Thailand Underfloor Heating Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Thailand Underfloor Heating Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
9.4 Thailand Underfloor Heating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Underfloor Heating Market - Competitive Landscape |
10.1 Thailand Underfloor Heating Market Revenue Share, By Companies, 2024 |
10.2 Thailand Underfloor Heating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |