Domestic Central Heating Market Report - UK

Transcription

1 Domestic Central Heating Market Report - UK Published: 15/10/2018 / Number of Pages: 82 / Price: Introduction and Overview The 14th edition of the 'Domestic Central Heating Market Report UK ' reviews developments within the industry, with emphasis on both qualitative and quantitative market assessment - both essential requirements to good marketing planning. Recent trends, key influencing factors and future developments are assessed. Product sectors covered: Overall domestic central heating market size by value Boilers - market size by value, product mix, e.g. combination, traditional, system etc. Radiators - standard panel, decorative, towel warmers etc. Circulator pumps - stand-alone, boiler-integrated. Conventional heating controls and smart heating controls - smart thermostats, learning thermostats etc. Key areas of insight include: Impact of increasing legislation regarding the efficiency and environmental impact of domestic heating systems - Boiler Plus 2018 (boilers and controls), ErP 2018 (reduced NoX emissions for boilers), Part L 2018 (rental properties) etc. Development of smart heating controls - enabling remote and flexible control of whole house heating in line with smart home trends. Significant market opportunities in the replacement sector - around 30% of UK households with central heating have an inefficient 'zombie' non-condensing boiler. Impact of new build trends - smart homes, micro flats, increasing use of renewable technologies, product developments to meet legislative requirements etc. Detailed market data and insight on the domestic central heating market by AMA Research, a leading UK provider of construction market intelligence. Some of the companies included: Alpha, Ariston, Baxi Heating UK, Biasi, Calpeda, Danfoss Randall, Drayton Controls, Ferroli, Glow-worm, Grafton, Grant UK,

2 Grundfos, Heatline, Honeywell, Horstmann, Ideal Boilers, Jaga, Johnson and Starley, Kudox, Lowara UK, MHS Radiators, Pegler Yorkshire, Potterton, Quinn Radiators, Ravenheat, Rettig UK, Saint-Gobain, Salus Controls, Screwfix, Siemens Building Technologies, Smedegard Pumps, Stelrad, Sunvic,TFC Group, The Radiator Company, Travis Perkins, Vaillant Group UK, Vogue UK, Vokera, Wilo UK, Wolseley, Worcester Bosch Group, Zehnder, and more. Market Overview Historical background - influencing factors, legislation, economic influences etc. Market size by value - central heating installations Market prospects to 2022 and key influencing factors - the Internet of Things, underfloor heating market, insulation trends, environmental legislation, building regulations etc. Review of key factors influencing recent growth rates, new housing, legislation, product development etc. Product mix - boilers, radiators, pumps, smart controls, conventional controls. Ownership levels, penetration by sector, share by type of application. Source of fuel - mains gas, LPG, oil, solid fuel, and electric. Renewable energy technologies domestic RHI scheme revisions. Domestic Central Heating Products Boiler market size, trends and forecasts to legislative changes including 2018 Boiler Plus, Part L, condensing sales, new build trends, impact of renewable heating solutions etc. Boiler market share by type of fuel - gas-fired, oil-fired, electric etc. Market mix by location - wall mounted, floor standing, back boiler etc. Product mix by type of boiler - combination, system, traditional etc. Radiator market size, trends and forecasts to the increasing importance of thermal performance, growth of decorative styles, new build trends, impact of UFH etc. Product mix by type of radiator - standard, decorative, towel warmer. Key product trends - design, materials, finish, colour, functionality, and innovation. Circulator pump market development and forecasts to legislative changes, influence of boiler trends etc. Product mix by type of circulator - stand-alone, boiler-integrated. Key product trends - high efficiency circulators, ErP requirements etc. Heating controls market size, trends and forecasts to market opportunities, impact of legislation, home ownership, development of smart homes etc. Conventional controls product mix and trends - programmers, thermostats, TRVs, motorized valves, compensators etc. Smart controls product mix and trends - smart thermostats, learning thermostats, advanced zoned systems etc. Major suppliers - smart and conventional. Supply & Distribution Review of major suppliers in all product sectors - major groups, leading companies, specialist suppliers. Company overview, key products, sectors and financial information. Review of distribution structure illustrating direct supply and key channels including major companies operating in each channel.

3 Company overview and financials for leading distributors. Major mix by channel - merchants, home improvement multiples, electrical wholesalers, online retailers, other retail, direct from manufacturer, via Big 6 energy provider, OEMs etc. Report Summary The UK domestic central heating market is substantial and mature with central heating installed in around 92% of UK homes. However, growth potential still exists, through product innovation designed to improve thermal performance, energy efficiency and control. The UK domestic central heating market has benefited in recent years from increasing health, safety and energy efficiency legislation, revised Building Regulations and environmental legislation. This has stimulated product innovation and development in all sectors of the market. In 2013, the market for domestic central heating products saw strong growth. This growth can be attributed to the recovery of the UK economy which stimulated new build activity and levels of house moving in particular. Environmental initiatives also supported demand. In 2014 and 2015 the UK domestic central heating market was more subdued, with the lower level of replacement installations impacting on boiler sales in particular. However, the market in 2016 became marginally more positive with demand mainly emanating from private new housing. The UK domestic central heating market saw growth in 2017 and the outlook in 2018 is similar, largely influenced by the uncertainty surrounding the Brexit process. New legislation such as Boiler Plus will support demand for central heating products overall, in particular domestic boilers and heating controls. The future performance of the UK domestic heating market is likely to be influenced by overall trends in housebuilding, home improvement, 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 ENVIRONMENT & CONSTRUCTION GDP INFLATION & INTEREST RATES UNEMPLOYMENT 15

4 3.4 HOUSEHOLD CONSUMPTION HOUSING STERLING POPULATION PROFILE CONCLUSIONS UK MARKET FOR DOMESTIC CENTRAL HEATING DEFINITION MARKET OVERVIEW Market Size by Value Product Mix (Boilers, Radiators, Circulators, Heating Controls) Household Penetration Type of Installation Source of Fuel KEY MARKET INFLUENCES The Internet of Things Underfloor Heating Market Insulation Measures Environmental Legislation Renewable Energy Technologies BOILERS MARKET OVERVIEW Definition Market Size by Value MARKET TRENDS Fuel Used (Gas-fired, Oil-fired, Electric, Other) Location (Wall Mounted, Floor Standing, Back Boilers) 37

5 5.2.3 Condensing Boilers Boiler Plus Legislation PRODUCT TRENDS Product Mix Boilers by Type (Combination, Traditional, System, Other) SUPPLIERS Market Shares Key Company Profiles RADIATORS MARKET OVERVIEW Definition Market Size by Value Market Prospects PRODUCT TRENDS Product Mix Radiators by Type (Standard, Decorative, Towel Warmers) SUPPLIERS Market Shares Key Company Profiles CIRCULATOR PUMPS MARKET OVERVIEW Definition Market Size by Value Market Prospects PRODUCT TRENDS Product Mix 55

6 7.2.2 Circulator Pumps by Type (Stand-alone, Boiler Integrated) SUPPLIERS Market Shares Key Company Profiles HEATING CONTROLS MARKET OVERVIEW Definition Market Size by Value Market Prospects Home Ownership Legislative Requirements Development of Smart Homes Role of the Energy Companies PRODUCT TRENDS Conventional Heating Controls Smart Heating Controls SUPPLIERS Market Shares - Conventional Heating Controls Key Company Profiles - Conventional Heating Controls Market Shares - Smart Heating Controls Key Company Profiles - Smart Heating Controls DISTRIBUTION CHANNEL SHARES KEY COMPANIES Merchants Home Improvement Multiples 80

7 9.2.3 Electrical Wholesalers Online Retailers and Others 80 Tables & Charts CHART 1: UK DOMESTIC CENTRAL HEATING MARKET BY VALUE AND FORECASTS ( M MSP) TABLE 2: GDP DATA KEY CONSTITUENT ELEMENTS 13 CHART 3: INTEREST RATES AND INFLATION (CPI) FROM CHART 4: PDI & SAVINGS RATIO AT CURRENT PRICES TABLE 5: RESIDENTIAL NEW HOUSE BUILDING COMPLETIONS UK (000'S DWELLINGS) 17 CHART 6: HOUSEBUILDING COMPLETIONS (ENGLAND) % MIX BY TYPE OF DWELLING 18 TABLE 7: RESIDENTIAL PROPERTY TRANSACTIONS IN THE UK (000S) TABLE 8: EXCHANGE RATE FLUCTUATIONS STERLING TO THE DOLLAR, AND THE EURO, SPOT RATES 21 TABLE 9: UK DOMESTIC CENTRAL HEATING MARKET - BY VALUE ( M MSP) CHART 10: MARKET MIX BY PRODUCT TYPE (BOILERS, RADIATORS, CIRCULATORS, SMART HEATING CONTROLS, CONVENTIONAL HEATING CONTROLS) BY VALUE CHART 11: PERCENTAGE OF UK HOUSEHOLDS WITH CENTRAL HEATING , 2006 AND CHART 12: PERCENTAGE OF UK HOUSEHOLDS WITH CENTRAL HEATING BY TENURE (OWNER OCCUPIED, PRIVATE RENTED, SOCIAL HOUSING) CHART 13: NUMBER OF UK HOUSEHOLDS WITH CENTRAL HEATING BY BOILER TYPE - COMBINATION, STANDARD, BACK (000'S) CHART 14: MARKET MIX BY TYPE OF INSTALLATION (REPLACEMENT, NEW HOUSING, FIRST TIME EXISTING HOUSING) - BY VOLUME CHART 15: MARKET MIX BY SOURCE OF FUEL USED (GAS, OIL, OTHER ETC.) - BY VOLUME CHART 16: PERCENTAGE OF UK HOUSEHOLDS WITH INSULATION MEASURES BY TYPE , 2006 AND TABLE 17: UK DOMESTIC BOILER MARKET BY VALUE ( M MSP) CHART 18: BOILER SALES MIX BY TYPE OF FUEL (GAS-FIRED, OIL-FIRED, ELECTRIC, ETC.) - BY VOLUME CHART 19: BOILER SALES MIX BY LOCATION (WALL MOUNTED, FLOOR STANDING) BY VOLUME

8 CHART 20: BOILER MIX BY TYPE (COMBINATION, TRADITIONAL, SYSTEM, ETC.) - BY VOLUME TABLE 21: DOMESTIC BOILER SUPPLIERS % MARKET SHARES - BY VALUE TABLE 22: UK DOMESTIC RADIATOR MARKET BY VALUE ( M MSP) CHART 23: RADIATOR MIX BY TYPE (STANDARD, DESIGNER, TOWEL WARMERS) - BY VALUE TABLE 24: DOMESTIC RADIATOR SUPPLIERS % MARKET SHARES - BY VALUE TABLE 25: UK DOMESTIC CIRCULATOR MARKET BY VALUE ( M MSP) CHART 26: CIRCULATOR PRODUCT MIX (BOILER-INTEGRATED, STAND-ALONE) - BY VOLUME TABLE 27: CIRCULATOR SUPPLIERS % MARKET SHARE - BY VALUE TABLE 28: UK HEATING CONTROLS MARKET BY VALUE ( M MSP) CHART 29: SMART & CONVENTIONAL HEATING CONTROLS MARKET BY VALUE ( M MSP) CHART 30: UK HOUSEHOLD PENETRATION OF SMART HEATING CONTROLS CHART 31: GB ADULTS ACCESSING THE INTERNET WITH A SMARTPHONE TABLE 32: UK BIG 6 ENERGY COMPANIES CUSTOMER BASE AND SMART THERMOSTAT SOLUTION CHART 33: CONVENTIONAL HEATING CONTROLS PRODUCT MIX BY VALUE CHART 34: SMART HEATING CONTROLS PRODUCT MIX BY VOLUME TABLE 35: CONVENTIONAL HEATING CONTROLS - LEADING SUPPLIERS TABLE 36: SMART HEATING CONTROLS - LEADING SUPPLIERS CHART 37: MARKET DISTRIBUTION BY CHANNEL DOMESTIC CENTRAL HEATING PRODUCTS - BY VALUE The 'Domestic Central Heating Market Report - UK ' costs 895+VAT (if applicable) for a PDF version. Other formats are available - click here for a information about available report formats. All AMA reports are sold with a single user licence as standard. For more information about AMA licences click here. About AMA Research

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