DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/d7zjws/space_heating) has announced the addition of the "Space Heating Market Report - UK 2015-2019 Analysis" report to their offering.
The UK space heating market forms a key part of a total UK heating market, worth around £2 billion. Between 2010 and 2012, the UK space heating market was comparatively static - in line with the uncertain economic situation at this time. However, since 2013 the market for domestic and non-domestic space heating products has steadily increased, with demand picking up as the economy improves. The space heating market is estimated to have grown by around 4% in 2014, with a similar growth rate predicted for 2015.
Positive influences on this market include the growing concerns about energy efficiency and the environment, and both domestic and non-domestic space heating products are increasingly designed to deliver improved thermal performance, with a view to achieving lower running costs. Further revisions to Part L 2013 have contributed to a reduction in the overall heating load in the new build sector, with increased energy efficiency requirements. This has impacted on the type of domestic space heating products that are specified, with more efficient solutions in greater demand.
This increased emphasis on reducing energy consumption and carbon emissions is also having a significant impact on the type of commercial space heating systems specified. Also, considerable replacement opportunities remain in existing non-domestic buildings; there is still a large number of inefficient heating systems in use. The government has introduced a significant amount of environmental legislation in recent years placing a greater emphasis on carbon emissions and fuel efficiency.
Winter temperatures also have a significant influence on demand for domestic space heating products, particularly on portable products. Since 2011, winter temperatures have remained relatively mild, impacting on demand to some extent. However demand for wood burning stoves has seen a significant positive growth and have become a desirable addition to the home.
The future performance of the UK space and water heating market is likely to be influenced by overall trends in house building and construction, RMI activity, fuel prices, energy efficiency legislation, renewable technologies, levels of personal disposable income, and niche market drivers such as the self-build and conservatory markets. The current forecast is based on steady recovery for the wider economy and for consumer and business confidence levels. By 2019 it is estimated that the UK space heating market will have grown by 12% compared to the estimated market size in 2015.
Key Topics Covered:
2. Summary And Future Prospects
3. Housing And Economic Influences
4. Space Heating - Domestic
5. Space Heating - Non-Domestic
- ACR Heat Products
- AJ Wells and Sons
- Ambi-Rad Group
- Babcock Wanson UK
- BDR Thermea
- BFM Europe
- Biddle Air Systems
- Bosch Commercial and Industrial Heating
- Hamworthy Heating
- Heat Electric
- Honeywell Control Systems
- Myson Radiators
- Pegler Yorkshire
- Potterton Commercial
- Roberts-Gordon Europe
- Robinson Willey
- Schneider Electric
- Siemens Plc
- TFC Group
- Wellman Thermal Systems.
For more information visit http://www.researchandmarkets.com/research/d7zjws/space_heating