Hydronic Radiators Market Report 2025

The hydronic radiators market size has grown strongly in recent years. It will grow from $5.18 billion in 2024 to $5.54 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth during the historic period can be attributed to the wider adoption of central heating systems, growing demand in colder climates, increased usage in residential properties, heightened emphasis on indoor comfort, and expanded installation in public infrastructure.

The hydronic radiators market size is expected to see strong growth in the next few years. It will grow to $7.12 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period can be linked to a rising focus on energy-efficient heating solutions, increased demand for environmentally friendly systems, greater adoption of smart thermostats, growth in green building projects, and the replacement of aging radiators. Key trends expected include advancements in heating controls, innovative radiator designs, increased R\&D investment in smart heating, development of low-temperature systems, and integration with renewable energy technologies.

The growth of the hydronic radiators market is expected to be driven by the rising construction and renovation activities. These activities involve building new structures or upgrading, repairing, and modifying existing ones to improve their functionality, appearance, or compliance with updated standards. Urbanization and population growth are fueling the increase in construction and renovation, as more people move into cities, creating greater demand for housing, transportation, and public infrastructure. Hydronic radiators contribute to these projects by offering energy-efficient and customizable heating solutions that integrate well with modern building systems, providing comfort and sustainability for both residential and commercial buildings. For example, in February 2024, Eurostat, a Luxembourg-based government agency, reported that construction production in the eurozone increased by 1.9% and by 2.4% in the broader European Union from December 2022 to December 2023. Thus, the rise in construction and renovation activities is supporting the growth of the hydronic radiator market.

Key players in the hydronic radiators market are focusing on innovative technologies like smart radiator thermostats to improve energy efficiency, enable remote temperature control, and support intelligent heating schedules through mobile applications and smart home systems. Smart radiator thermostats are connected devices that automatically adjust radiator temperatures based on user preferences, occupancy, or weather conditions, promoting energy savings and allowing remote management through smart home apps. For instance, in September 2022, Aqara, a China-based smart home product manufacturer, introduced the Smart Radiator Thermostat E1 in Europe. This device automates hydronic radiators, towel warmers, and underfloor heating systems, featuring integration with Aqara’s external sensors for precise temperature control, geofencing to preheat homes before arrival, scheduling functions, and automatic shutoff when windows or doors are open to prevent energy waste. The E1 uses Zigbee 3 for reliable connectivity, includes a clear backlit display, and is available through major European Amazon platforms and select retailers, making smart heating accessible to many users.

In October 2024, Purmo Group, a Finland-based company specializing in sustainable indoor climate solutions, acquired UniTherm Heating Systems Ltd., an Ireland-based company offering hydronic radiators, for an undisclosed sum. This acquisition aims to strengthen Purmo Group’s portfolio by incorporating UniTherm’s expertise in pre-plumbed underfloor heating manifolds, piping systems, and renewable energy-based heating technologies.

Major players in the hydronic radiators market are Danfoss A/S, Uponor Oyj, Purmo Group Plc, Zehnder Group AG, Arbonia AG, Vogel & Noot Heiztechnik GmbH, Deltacalor S.r.l., Heatrex Inc., Hudson Reed Group Ltd., JAGA N.V., Stelrad Group Ltd., Myson Inc., Vasco Group NV, Runtal Radiators Inc., WISELIVING Pty Ltd., Castrads Ltd., Hydrotherm Heating Pty Ltd., Sterling Radiator Company, Delta Hydronics LLC, Sloane UK Ltd.

Europe was the largest region in the hydronic radiators market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in hydronic radiators report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hydronic radiators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

Hydronic radiators are heating systems that transfer heat by circulating hot water or steam from a central boiler through pipes to radiators located in different rooms. These radiators then warm the air using a combination of radiation and convection. Known for their energy efficiency, quiet operation, and consistent heat delivery, they are commonly used in both residential and commercial environments.

The main product categories in hydronic radiators include panel radiators, column radiators, towel radiators, underfloor heating radiators, baseboard radiators, and custom radiators. Panel radiators feature flat designs with internal water channels that evenly distribute heat through radiation and convection. They come in various materials such as steel, aluminum, and cast iron, and operate using different heating and cooling technologies. These products are sold through online platforms, retail stores, wholesale distributors, and direct sales, catering to a broad range of users in residential, commercial, and industrial sectors.

The hydronic radiators market research report is one of a series of new reports that provides hydronic radiators market statistics, including hydronic radiators industry global market size, regional shares, competitors with a hydronic radiators market share, detailed hydronic radiators market segments, market trends and opportunities, and any further data you may need to thrive in the hydronic radiators industry. This hydronic radiators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hydronic radiators market consists of sales of products, including designer radiators, compact radiators, recessed hydronic radiators, towel warmer radiators, and freestanding radiators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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