Table of Contents
1. EXECUTIVE SUMMARY 1
2. INTRODUCTION 4
2.1 Definitions 5
2.2 Methodology 5
2.3 Abbreviations 5
2.4 Market Positioning 6
2.5 UK Economy 6
2.6 Market Factors 12
3. MARKET SIZE AND TRENDS 16
3.1 Chapter Summary 17
3.2 Market Size 17
3.3 Market Segmentation 22
3.3.1 Overview 23
3.3.2 Boilers 23
3.3.3 Radiators 25
3.3.4 Controls 27
3.3.5 Pumps 28
3.3.6 Analysis by Fuel Type 28
3.4 Market Trends 32
3.4.1 Replacement Systems 32
3.4.2 Installations in Existing Buildings 33
3.4.3 New Construction Installations 34
3.4.4 Non-Domestic Use 46
3.5 Seasonality of Sales 46
3.6 Regional Sales 48
3.7 Distribution/Promotion 50
4. SUPPLY SOURCES 52
4.1 Chapter Summary 53
4.2 Production 53
4.2.1 Overview 53
4.2.2 Boilers 55
4.2.3 Radiators 56
4.3 Imports 57
4.3.1 Overview 57
4.3.2 Boilers 57
4.3.3 Radiators 59
4.4 Exports 60
4.4.1 Overview 60
4.4.2 Boilers 61
4.4.3 Radiators 62
4.5 Trade Deficit 63
4.5.1 Overview 63
4.5.2 Boilers 64
4.5.3 Radiators 65
5. INDUSTRY STRUCTURE 66
5.1 Chapter Summary 67
5.2 Industry Development 67
5.3 Structure by Employment 68
5.4 Structure by Turnover 68
5.5 Company Profiles 69
5.5.1 Ideal Boilers (Previously Caradon Ideal) 69
5.5.2 Stelrad (Previously Caradon Stelrad) 70
5.5.3 Danfoss Randall 72
5.5.4 Vaillant Group UK 73
5.5.5 Honeywell Control Systems 74
5.5.6 Rettig UK 75
5.5.7 Quinn Radiators 76
5.5.8 Bosch Thermotechnology 77
6. FORECAST 79
6.1 Chapter Summary 80
6.2 The Market 80
6.3 Production 92
6.4 Imports 93
7. FURTHER SOURCES & CONTACTS 94
7.1 Trade Associations 95
7.2 Trade Magazines 96
7.3 Trade Exhibitions 97
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List of Tables
1: Home Ownership in Great Britain, 1991-2007 13
2: Residential Property Transactions in the UK, 1992/93-2009/10 14
3: Percentage of House Type in Total New Housing Starts in Great Britain, 2005-2009 15
4: Number of Installations of Main Measures in EEC1 and EEC2 19
5: Draft illustrative Mix of Number of Installations for Main Measures in CERT 2008-11 20
6: The UK Domestic Central Heating Market, by Number of Installations of Systems,
2006-2010 21
7: The UK Domestic Central Heating Market, by Value, 2006-2010 22
8: Segmentation of the UK Domestic Central Heating Market, by Type of Product,
2006-2010 23
9: Type of Boiler in Dwellings in England, 1996, 2001, 2006 and 2008 25
10: The UK Central Heating Radiator Market, 2006-2010 26
11: Segmentation of The UK Domestic Central Heating Radiator Market, by Type, 2010 26
12: The UK Domestic Central Heating Control Market, 2006-2010 28
13: The UK Domestic Central Heating Pumps Market, 2006-2010 28
14: Segmentation of the UK Domestic Central Heating Installations, by Type of Fuel,
2006-2010 29
15: Households with Central Heating in Great Britain, by Fuel Type, 2002-2007 30
16: UK Domestic Energy Consumption, by Fuel Type, 1999-2009 31
17: UK Domestic Expenditure on Energy, by Fuel Type, 1999-2009 31
18: Features of Different Domestic Central Heating Fuels, by Type 32
19: Analysis of the Allocation of the Sustainable Communities £22 Billion Resources,
2003-2006 37
20: Analysis of Private Housing Construction Output in Great Britain, 2005-2009 41
21: Private New Housing Starts and Completions in Great Britain, 2005-2009 42
22: Analysis of New Public Housing Construction Output in Great Britain, 2005-2009 45
23: Public Housing Starts and Completions in Great Britain, 2005-2009 45
24: Seasonality of Public Housing Repair & Maintenance Output, 2005-2009 46
25: Seasonality of Private Housing Repair & Maintenance Output, 2005-2009 47
26: Seasonality of Private Housing Output, 2005-2009 47
27: Seasonality of Public Housing Output, 2005-2009 48
28: Regional Housing Repair & Maintenance Output, 2005-2009 48
29: Regional Private Housing Construction Output, 2005-2009 49
30: Regional Public Housing Construction Output, 2005-2009 50
31: Distribution of Central Heating Products in the UK, 2010 51
32: UK Production of Domestic Central Heating Boilers & Parts and Radiators, 2006-2010 54
33: UK Production of Domestic Central Heating Boilers, 2006-2010 55
34: UK Production of Parts for Domestic Central Heating Boilers, 2006-2010 56
35: UK Production of Domestic Central Heating Radiators, 2006-2010 56
36: UK Imports of Domestic Central Heating Boilers, Parts for Boilers and Radiators,
2006-2010 57
37: UK Imports of Domestic Central Heating Boilers, 2006-2010 58
38: UK Import Penetration of Domestic Central Heating Boilers, 2006-2010 58
39: UK Imports of Parts for Domestic Central Heating Boilers, 2006-2010 59
40: UK Import Penetration of Parts for Domestic Central Heating Boilers, 2006-2010 59
41: UK Imports of Domestic Central Heating Radiators, 2006-2010 59
42: UK Import Penetration of Domestic Central Heating Radiators, 2006-2010 60
43: UK Exports of Domestic Central Heating Boilers, Parts for Boilers and Radiators,
2006-2010 60
44: UK Exports of Domestic Central Heating Boilers, 2006-2010 61
45: UK Importance of Exports to UK Production of Domestic Central Heating Boilers,
2006-2010 61
46: UK Exports of Parts for Domestic Central Heating Boilers, 2006-2010 62
47: UK Importance of Exports to UK Production of Parts for Domestic Central Heating
Boilers, 2006-2010 62
48: UK Exports of Domestic Central Heating Radiators, 2006-2010 63
49: UK Importance of Exports to UK Production of Domestic Central Heating Radiators,
2006-2010 63
50: UK Trade Deficit in Domestic Central Heating Boilers, Parts for Boilers and Radiators,
2006-2010 64
51: UK Trade Deficit in Domestic Central Heating Boilers, 2006-2010 64
52: UK Trade Deficit in Parts for Domestic Central Heating Boilers, 2006-2010 64
53: UK Trade Deficit in Domestic Central Heating Radiators, 2006-2010 65
54: Analysis of the Changes in the Structure of the Central Heating Radiators and Boilers Industry, 2005-2009 67
55: Analysis of the Employment Structure of the Central Heating Radiators and Boilers
Industry, 2008-2009 68
56: Analysis of the Financial Structure of the Central Heating Radiators and Boilers
Industry, 2008-2009 69
57: Financial Analysis of Ideal Boilers, 2004-2008 70
58: Key Financial Ratios for Ideal Boilers, 2004-2008 70
59: Financial Analysis of Stelrad, 2004-2008 71
60: Key Financial Ratios for Stelrad, 2004-2008 71
61: Financial Analysis of Danfoss Randall, 2005-2009 72
62: Key Financial Ratios for Danfoss Randall, 2005-2009 72
63: Financial Analysis of Vaillant Group UK, 2005-2009 73
64: Key Financial Ratios for Vaillant Group UK, 2005-2009 74
65: Financial Analysis of Honeywell Control Systems, 2005-2009 74
66: Key Financial Ratios for Honeywell Control Systems, 2005-2009 75
67: Financial Analysis of Rettig (UK), 2004-2008 75
68: Key Financial Ratios for Rettig (UK), 2004-2008 76
69: Financial Analysis of Quinn Radiators, 2004-2008 77
70: Key Financial Ratios for Quinn Radiators, 2004-2008 77
71: Financial Analysis of Bosch Thermotechnology, 2005-2009 78
72: Key Financial Ratios for Bosch Thermotechnology, 2005-2009 78
73: Forecast Repair & Maintenance Construction Output in Great Britain, 2010-2014 81
74: Forecast Repair & Maintenance Construction Output in Great Britain, by Type,
2010-2014 82
75: Forecast Repair & Maintenance Output in the Public Housing Sector in Great Britain,
2010-2014 83
76: Forecast Repair & Maintenance Output in the Private Housing Sector in Great Britain,
2010-2014 84
77: Forecast Private Housing Output in Great Britain, 2010-2014 90
78: Forecast Public Housing Output in Great Britain, 2010-2014 90
79: Forecast UK Domestic Central Heating Market, 2011-2015 91
80: Forecast Segmentation of the UK Domestic Central Heating Market, by Type of
Product, 2011-2015 92
81: Forecast UK Production of Domestic Central Heating Boilers & Parts and Radiators,
2011-2015 93
82: Forecast UK Imports of Domestic Central Heating Boilers, Boiler Parts and Radiators,
2011-2015 93 |