Space Heating Market Report - UK

Transcription

1 Space Heating Market Report - UK Published: 21/12/2018 / Number of Pages: 81 / Price: Introduction and Overview The 5th edition of the 'Space Heating Market Report UK ' represents an informed and up-to-date detailed review of the domestic and non-domestic space heating market. The total market for space heating products is substantial, and with climate change and growing concerns about energy efficiency and the environment, space heating products will increasingly be designed to deliver improved thermal performance, in order to achieve lower running costs. Key areas covered: Domestic Space Heating - gas and electric fires; installed electric heating; portables; solid fuel stoves; radiant bar fires. Non-domestic Space Heating - commercial and industrial boilers; commercial radiators; heat emitters; warm air heaters; radiant heaters; commercial heating controls. Overall market size, trends and forecasts to Detailed market data and insight on the space heating market by AMA Research, a leading UK provider of construction market intelligence. Specific areas of insight include: Impact of increasing legislation - ErP 2018 (reduced NoX emissions for commercial boilers, minimum efficiency standards for domestic local space heaters, commercial warm air heaters and radiant heaters), Part L 2018 (rental properties and buildings), simplified energy efficiency regs. Shift in demand for more aspirational domestic space heating products with innovative features and functionality. Replacement opportunities in the gas fires and stoves sector - around 11 million UK homes have a chimney and gas supply; also around 5 million inefficient storage heaters 20+ years old. Trend towards condensing wall-hung commercial boilers, driven by market demand and legislative changes. Modular boiler systems are also increasing popular, they offer a flexible solution that is more flexible and energy efficient. Increasing use of IoT smart heating controls in commercial buildings, to manage energy efficiency and support preventative maintenance measures.

2 Widespread roll-out of smart metering in homes and businesses, with increased focus on energy efficient products. Growing importance of renewables, with many new commercial projects specifying systems that use energy from renewable sources. Some of the companies included: Babcock-Wanson UK, Baxi Heating, Biddle Air Systems, BMM Heaters, BN Thermic, Bosch Commercial and Industrial Heating, British Gas, Byworth Boilers, Caledonian Control Technology, Calor, Clyde Radiators, Cochran, Combat HVAC, Danfoss, Diffusion Heating & Cooling, Dunham-Bush, ELCO, Gas Fired Products, GDC Group, Google, Hamworthy Heating, Honeywell Control Systems, Hoval, Ideal Commercial Heating, IMI Hydronic Engineering, Infraglo, Jaga, Johnson & StarleyJohnson Controls, Kroll, Kudox, Lennox Industries, MHS Radiators, Myson Radiators, Nortek Global HVAC UK, Ormandy, Pegler Yorkshire, Powrmatic, Quinn Radiators, Remeha, S&P Coil, Salus Controls UK, Schneider Electric Controls, Schwank, Secure Controls UK, Siemens Plc, Stelrad, Stokvis, Sunvic Controls, Tacotherm, TFC Group, Thermoscreens, Timeguard, Vaillant, Viessmann, Walney, Zehnder, etc. Domestic Space Heating: Overall market size, trends and forecasts - legislative changes, impact of UFH, insulation measures etc. Ownership levels, source of fuel, imports & exports. Forecasts through to Product mix - gas and electric fires, installed electric heating, portables, solid fuel stoves, radiant bar fires etc. Gas and electric fires. Market size, share etc. Product innovation, designs etc. Installed electric heating - storage heaters, electric radiators, electric towel warmers, fixed panel heaters, tubular heaters. Market size, trends, market prospects, designs, features etc. Portables - fan heaters, convector heaters, portable panel heaters, LPG heaters, oil filled radiators etc. Market size, mix by type, trends, market prospects etc. Solid fuel stoves - wood burners and multi-fuel. Market size, growth in sales, product trends, and impact of self build etc. Radiant bar fires - gas-fired and electric. Market size, trends etc. Major manufacturers - Market share, factors influencing market position, characteristics, turnover etc.o Review of distribution by product group - key channels and developments. Market prospects in all product sectors.. Non-Domestic Space Heating Overall market size, trends and forecasts. Legislative changes - ErP 2018, Part L, MCPD, EPBD etc. Government initiatives - ECA, Cleaner Heat, ESOS, RHI etc. Impact of IoT. Forecasts through to Commercial boilers > 44kW - market size, market prospects etc. Product trends, features, shift to condensing, modular systems, off-site constructed plant etc. Commercial radiators - market size, forecasts, product trends etc. Heat emitters - air curtains, fan convectors, fan coil units, perimeter/trench heaters, unit heaters, radiant panel heaters etc. Overall market size, trends, market prospects etc. Warm air heaters - indirect-fired warm air heaters, direct gas-fired warm air systems, portable electric warm air heaters etc. Overall market size, trends, market prospects etc.

3 Radiant heaters - gas or oil-fired tube heaters, gas plaque and electric radiant heaters etc. Overall market size, trends, forecasts etc. Non-domestic heating controls - market size, trends including IoT smart controls, market prospects etc. Leading manufacturers - market shares, characteristics, turnover etc. Review of distribution by product group - key channels and developments. Report Summary The UK space heating market saw good growth in the period Improving levels of consumer and business confidence and expenditure supported value growth at this time. The market situation in 2016 was more subdued with the uncertainty surrounding the UK Brexit vote to leave the EU beginning to impact upon the economy. However, since then the UK space heating market has remained moderately positive. Key drivers include new housing and replacement purchases, although the outlook for the non-domestic market is very much dependent on the path taken to exit the EU and the type of trade and legislative deals formulated. In the domestic space heating sector, there has been a shift in demand for more aspirational products, which has supported value growth and retailer margins. In addition, climatic influences such as the relatively cold winter of will support demand for domestic space heating products to some extent. The non-domestic space heating sector has seen steady improvement in the period , with the private sector experiencing higher levels of business investment, particularly in the industrial, offices, retail and leisure sectors. Other positive influences on the space heating market include the growing concerns about energy efficiency and the environment. The UK Government has introduced a significant amount of environmental legislation in recent years, placing a greater emphasis on carbon emissions and fuel efficiency. The future performance of the UK space heating market is likely to be influenced by overall trends in housebuilding and construction, RMI activity, fuel prices, energy efficiency legislation, renewable technologies and technological developments. List of Report Contents Contents Listing 1. INTRODUCTION BACKGROUND SOURCES OF INFORMATION 7 2. SUMMARY AND MARKET PROSPECTS SUMMARY KEY TRENDS MARKET PROSPECTS ECONOMIC, HOUSING & CONSTRUCTION INFLUENCES 12

4 3.1 GDP INFLATION & INTEREST RATES UNEMPLOYMENT HOUSEHOLD CONSUMPTION HOUSING & CONSTRUCTION STERLING POPULATION PROFILE CONSTRUCTION AND HOUSING Non-domestic Construction House Building Completions Mix of Housebuilding Completions House Moving Levels Custom Build CONCLUSIONS SPACE HEATING - DOMESTIC MARKET OVERVIEW Definition Market Size by Value Household Penetration Source of Fuel Imports and Exports (EU, Non-EU) KEY MARKET INFLUENCES Domestic Central Heating Market Underfloor Heating Market Insulation Measures Environmental Legislation 33

5 4.3 PRODUCT TRENDS Product Mix Installed Electric Heating Gas & Electric Fires Portable Space Heating Radiant Bar Fires Solid Fuel Stoves and Fires SUPPLIERS Market Shares Key Company Profiles Other Suppliers DISTRIBUTION SPACE HEATING - NON-DOMESTIC MARKET OVERVIEW Definition Market Size by Value KEY MARKET INFLUENCES Energy Efficiency Schemes (ECA, CRC, ESOS, RHI, Cleaner Heat) Environmental Legislation The Internet of Things PRODUCT TRENDS Product Mix (Heating Systems, Stand-alone Heaters, Heating Controls) Commercial Heating Systems (Boilers, Radiators, Heat Emitters) Stand-alone Heaters (Warm Air Heaters, Radiant Heaters) Heating Controls SUPPLIERS AND MARKET SHARES 71

6 5.4.1 Commercial Heating Systems (Boilers, Radiators, Heat Emitters) Stand-alone Heaters (Warm Air Heaters, Radiant Heaters) Heating Controls DISTRIBUTION (COMMERCIAL HEATING SYSTEMS, STAND-ALONE HEATERS) 80 Tables & Charts CHART 1: UK SPACE HEATING MARKET BY VALUE ( M MSP) TABLE 2: GDP DATA KEY CONSTITUENT ELEMENTS 12 CHART 3: INTEREST RATES AND INFLATION (CPI) FROM CHART 4: PDI & SAVINGS RATIO AT CURRENT PRICES TABLE 5: EXCHANGE RATE FLUCTUATIONS STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 16 CHART 6: GB NON-RESIDENTIAL CONSTRUCTION OUTPUT NEW WORK AND RMI 2013 TO BY VALUE ( BILLION AT CURRENT PRICES) 17 CHART 7: NON-RESIDENTIAL NEW CONSTRUCTION OUTPUT ANALYSIS BY SECTOR 2017 AND H % BY VALUE 18 TABLE 8: RESIDENTIAL NEW HOUSE BUILDING COMPLETIONS GB (000'S DWELLINGS) 19 CHART 9: HOUSEBUILDING COMPLETIONS (ENGLAND) % MIX BY TYPE OF DWELLING 20 TABLE 10: RESIDENTIAL PROPERTY TRANSACTIONS IN THE UK (000S) TABLE 11: UK DOMESTIC SPACE HEATING MARKET ( M MSP) CHART 12: NUMBER OF HOUSEHOLDS WITH SPACE HEATING AS MAIN HEATING SYSTEM IN ENGLAND CHART 13: PERCENTAGE OF UK HOUSEHOLDS WITH SPACE HEATING AS MAIN HEATING SYSTEM BY TENURE CHART 14: MARKET MIX BY SOURCE OF FUEL (ELECTRICITY, GAS, SOLID FUEL) BY VALUE TABLE 15: IMPORTS AND EXPORTS OF DOMESTIC SPACE HEATING PRODUCTS 2017 ( M) 30 CHART 16: PERCENTAGE OF UK HOUSEHOLDS WITH CENTRAL HEATING , 2006 AND TABLE 17: UK UNDERFLOOR HEATING MARKET BY VALUE ( M MSP) CHART 18: PERCENTAGE OF UK HOUSEHOLDS WITH INSULATION MEASURES BY TYPE , 2006 AND CHART 19: MARKET MIX BY PRODUCT TYPE (GAS & ELECTRIC FIRES, STOVES, INSTALLED ELECTRIC HEATING, RADIANT BAR

7 FIRES, PORTABLES) BY VALUE CHART 20: GAS AND ELECTRIC FIRES MARKET MIX BY VOLUME 2001 AND TABLE 21: FEATURES AND BENEFITS OF ELECTRIC FIRES 40 TABLE 22: FEATURES AND BENEFITS OF GAS FIRES 41 CHART 23: PORTABLES MARKET MIX BY PRODUCT TYPE (FAN HEATERS, PORTABLE PANEL, CONVECTOR, LPG, OTHER) BY VOLUME TABLE 24: SOLID FUEL STOVES - CURRENT AND ECODESIGN EMISSION LIMITS 46 TABLE 25: DOMESTIC SPACE HEATING SUPPLIERS % MARKET SHARES BY VALUE CHART 26: MARKET DISTRIBUTION BY CHANNEL (RETAIL SECTOR, TRADE DISTRIBUTION, OTHER) BY VALUE TABLE 27: UK NON-DOMESTIC SPACE HEATING MARKET ( M MSP) CHART 28: MARKET MIX BY PRODUCT TYPE TABLE 29: UK COMMERCIAL AND INDUSTRIAL BOILER MARKET ( M MSP) TABLE 30: UK COMMERCIAL RADIATOR MARKET ( M MSP) TABLE 31: UK COMMERCIAL HEAT EMITTER MARKET ( M MSP) TABLE 32: UK STAND-ALONE HEATER MARKET ( M MSP) TABLE 33: UK COMMERCIAL HEATING CONTROLS MARKET ( M MSP) TABLE 34: COMMERCIAL AND INDUSTRIAL BOILER SUPPLIERS % MARKET SHARES BY VALUE TABLE 35: COMMERCIAL RADIATOR SUPPLIERS % MARKET SHARES BY VALUE TABLE 36: HEAT EMITTER SUPPLIERS % MARKET SHARES BY VALUE TABLE 37: WARM AIR HEATER SUPPLIERS % MARKET SHARES BY VALUE TABLE 38: RADIANT HEATER SUPPLIERS % MARKET SHARES BY VALUE CHART 39: MARKET DISTRIBUTION BY CHANNEL (DIRECT, DISTRIBUTOR) BY VALUE TABLE 40: MARKET DISTRIBUTION BY APPLICATION TYPE (INDUSTRIAL, COMMERCIAL, PUBLIC) BY VALUE

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